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Transactions: Largest single-asset MOB sale ever? 

LaSalle acquires Memorial Hermann tower for an estimated $405 million By John B. Mugford The 28-story, glass-skinned Memorial Hermann Medical Plaza in Houston is certainly one of the country’s trophy medical office assets. After all, the 510,000 square foot medical office building (MOB) is situated at the gateway of perhaps the world’s best-known medical complex, […]

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Seattle

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Seattle

SEATTLE (July 31, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired an approximately 55,000-square-foot medical office building in the Seattle suburb of Edmonds, Washington for $23.5 million. Built in 1991, Edmonds Medical Office Building underwent an extensive renovation […]