EVENDALE, Ohio – Irvine, Calif.-based Griffin-American Healthcare REIT IV Inc., recently entered into an agreement to acquire Evendale Medical Office Building, a 66,000 square foot MOB in the northern Cincinnati suburb of Evendale.
ROSEVILLE, Minn. – Milwaukee-based Hammes Partners, an affiliate of Hammes Company, has acquired the Twin Lakes Health building at 1835 County Road C W. in Roseville, a Twin Cities suburb, from Minneapolis-based Ryan Cos. Hammes, whose Hammes Partners II LP fund is closed to investors after raising $430 million of capital commitments, paid $15.3 million […]
It’s home of Lynwood, Calif., is seeing growth in patient base, brokers say Name: 3680 E. Imperial Highway Location: Lynwood, Calif. Square feet: 64,780 Occupancy: 90% Average lease term: 4 years Year 1 NOI: $1.08 million Seller: Undisclosed Brokerage: CBRE Investment Properties, Southern California Brokers: Gary Stache, Anthony DeLorenzo, Doug Mack and Nicholas Svendsen One […]
TRAVERSE CITY, Mich. – Milwaukee-based Physicians Realty Trust (NYSE: DOC) recently acquired the Northwest Michigan Surgery Center, a 55,215 square foot ambulatory surgery facility in Traverse City, a town of about 15,000 residents in the far northwest corner of the state.
HILTON HEAD, S.C. – Dallas-based Caddis recently paid an undisclosed amount for the 19,728 square foot Outpatient Surgery Center of Hilton Head, a one-story ambulatory surgery center (ASC) at 190 Pembroke Drive.
PENSACOLA, Fla. – Pensacola-based Catalyst CRE, which focuses on healthcare real estate consulting, investment, and development, recently announced that it paid $16.9 million for five facilities in Central Florida that are home to Ocala, Fla.-based Robert Boissoneault Oncology Institute (RBOI).
Project is proposed near medical campus in growing Alpharetta, Ga., community By John B. Mugford If there was a hot site to develop a new medical office building (MOB) in Alpharetta, Ga., a growing community about 25 miles north of Atlanta, it would undoubtedly be near: ■ Avalon, a still-emerging 86-acre live-work community; ■ the […]
SANTA ROSA, Calif. – After heavy rains caused a delay of more than a month, ground was broken Nov. 18 on Oakland, Calif.-based Kaiser Permanente’s $50 million, 87,000 square foot outpatient building in Santa Rosa, 60 miles north of San Francisco.
STAMFORD, Conn. – Minneapolis-based MedCraft Healthcare Real Estate LLC recently completed the $41.7 million, 97,000 square foot Stamford Integrated Care Pavilion (ICP) on the campus of the new, $450 million, 180-bed Stamford Hospital, which opened in September 2016.
FRANKLIN, Tenn. – The Johnson Memorial Health board recently approved plans for a new emergency and outpatient facility as well as a comprehensive rehabilitation center on the Johnson Memorial Hospital campus in Franklin, about 20 miles south of Nashville, Tenn. The $42 million project, the largest in Johnson Memorial history, would include the 17,400 square […]
MONTEZUMA CREEK, Utah – Construction is slated to begin soon on a $15 million, 51,576 square foot outpatient health center for Utah Navajo Health System in rural Montezuma Creek, the educational center for about 500 Navajos living in the area.