Plaza Companies breaks ground in Phoenix for another MOB on Banner campus By John B. Mugford When Peoria, Ariz.-based Plaza Companies landed two new leases totaling 23,000 square feet of space in late 2017, the company moved forward with construction on a second medical office building (MOB) on the campus of Banner Estrella Medical […]
But fundamentals still strong, Cushman & Wakefield says: The past six months “have brought dramatic changes to both healthcare regulations and policy-making, all of which port end significant challenges for healthcare providers and their real estate partners in the coming months.”
Surprise! It was Kaiser Permanente with 15 new MOBs for a total of 682 such facilities This month’s cover story, “Largest outpatient developers revealed,” on Page 23 reports on which third-party healthcare real estate (HRE) firms started or completed the most outpatient HRE projects last year.
Physicians Medical Center in Daly City is in an ‘extremely tight’ med office market Name: Physicians Medical Center Address: 901 Campus Drive City: Daly City, Calif. Square feet: 75,559 Stories: three In-place NOI: $1.54 million Year built: 1989 Occupancy: 92 percent Site size: 2.48 acres Brokerage: HFF Brokers: Evan Kovac, Andrew Milne and David Dokko […]
Chicago-based Harrison Street Real Estate in recent weeks acquired the 327,160 square foot Hock Plaza I in Durham for $141.9 million, according to a transaction listing posted by Real Capital Analytics
The REIT made most of its purchases, including an MOB portfolio, during Q4 By John B. Mugford It’s long been said that commercial real estate sales pick up during the fourth quarter (Q4), as buyers and sellers alike strive to get as many transactions on the books as possible before the end of the year.
Building the local platform is the REIT’s primary objective: As detailed in this month’s cover story “Largest outpatient developers revealed” on Page 23, Scottsdale, Ariz.-based HTA Development led the way in completed projects during the year.