For Sale: NNN Corp. Guarantee | NextCare Urgent Care | Denver, MSA | 3% Annual Inc.
NextCare Urgent Care 84590 West 121st Avenue | Broomfield, CO Price: $2,230,171 GLA: 3,400 SF CAP Rate: 6.00% Investment highlights NNN Lease – Tenant is financially responsible for all expenses related to the property Corporate Guaranteed Lease – Nextcare Urgent Care operates over 120 locations in 10 states and is the nation’s largest privately […]
For Sale: Class A, Hospital-Adjacent Medical Office Investment Opportunity
The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer Marietta Medical Center (the “Property”) for purchase. Marietta Medical Center is located adjacent to WellStar Health System’s flagship Kennestone Hospital in the city of Marietta, a suburban hub northwest of Atlanta, Georgia. The five-story, institutional quality medical office building is comprised of […]
Archives: September 2015
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!) 2015 Archives 2014 Archives 2013 Archives
September 2015 PDF
To prevent unauthorized use of our Federally copyrighted content, Healthcare Real Estate Insights™ uses a three-step process to unlock access to the PDF versions of the Current Editions and Archives:
Transactions: Recent MOB sales set Q2 record
Strong run for transactions continues, as 2015 is on a record-setting pace By John B. Mugford There are some long-standing, evidence-based assumptions about medical office building (MOB) sales statistics. One of them says that the strongest quarter of most years is typically the fourth (Q4), a time when both buyers and sellers often prefer to […]
Feature Story: Greater than the sum of its parts
Providers discuss the impact of consolidation on the healthcare industry and healthcare real estate By Erin E. Porter Perhaps Greek philosopher Aristotle had the best explanation of why consolidation is all the rage in healthcare today. Aristotle once declared: The whole is greater than the sum of its parts. As his theory goes, individual components […]
Transactions: A closer look at HCN/CPP’s big buy
REIT and Canadian pension fund teamed up on $449 million MOB acquisition By John B. Mugford It would not be accurate to say that a $449 million medical office building (MOB) portfolio transaction that took place during the second quarter (Q2) of 2015 went totally unnoticed. But then again, not many details have been publicized […]
Transactions: DocREIT lands doctor-built MOBs
Physicians Realty Trust pays $141 million for four MOBs in Greater Phoenix By John B. Mugford At its outset in 2006, Phoenix-based Integrated Medical Services (IMS) came together as a handful of physicians with a goal of gaining more efficiencies and providing “high-quality, innovative healthcare.” These days, IMS is more than 145 providers strong, a […]
Hot Property: An ‘uber-core’ offering in Chicago
The mixed-use property with 42% medical space is in city’s hottest market Name: Blackhawk on Halsted Address: 1460 North Halsted St. City: Chicago Number of structures: 3 Year completed: 2009 Total leasable space: 224,204 s.f. Medical space: 93,287 square feet Parking spaces: 534 Land area: 2.04 acres Occupancy: 100% Avg. remaining lease: 12.8 years Seller: […]
Transactions: Healthcare Realty Trust acquires two floors of Seattle MOB for $28M
SEATTLE – Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) recently acquired the top two floors of the Swedish Orthopedic Institute, an 11-story facility on the campus of Seattle-based Swedish’s First Hill campus.
Transactions: Hammes Partners II buys orthopedic group facility in Mobile, Ala. for $23.3 million
MOBILE, Ala. – In a sale-leaseback transaction, Milwaukee-based Hammes Co. and its Hammes Partners II fund recently acquired a single-tenant, fully occupied medical building in Mobile.
Transactions: Two-story, 57,000 square foot MOB in Vestal, N.Y., trades for $22 million, or $386 PSF
VESTAL, N.Y. – A limited liability company (LLC) recently paid $22 million for the Vestal Medical building in Vestal, a city of about 30,000 people along the Susquehanna River in the Southern Tier region of New York.
Transactions: ProMed sells its last property
The Carlyle Group pays $48 million for a three-story medical condo in New York By John B. Mugford The last medical office property remaining in the portfolio of New York-based ProMed Properties, which once owned 16 healthcare buildings with about 1.48 million square feet of space, recently changed hands.
Transactions: More Healthcare Real Estate Transactions
The Sanders Trust (TST) recently acquired Tower Pointe Medical Center, a 42,000 square foot MOB in Greenwood, S.C., for $8.4 million, or $200 PSF. Tower Pointe, 105 Vine Crest Court, is a freestanding, multi-tenant outpatient facility that provides family practice, neurology, pediatrics, occupational medicine and diagnostic imaging, among others. The MOB is 100 percent leased, […]
Transactions: Stage Equity Partners buys single-story, 37,000 square foot MOB outside of Dallas
CARROLLTON, Texas – Chicago-based HRE investment company Stage Equity Partners LLC recently acquired a 37,000 square foot multi-tenant MOB in Carrollton, a north Dallas suburb.