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The CNL MOB portfolio includes the University of Tennessee Medical Center Cancer Institute building in Knoxville, Tenn. Photo courtesy of BarberMcMurry Architects

Industry Pulse: Healthcare REITs have been top performers in 2018

Amid a ‘volatile’ year for REITs, HFF says the healthcare sector delivered the best returns Although real estate investment trust (REIT) performance has been “volatile” in 2018, most REITs are on track to finish the year in positive territory, with healthcare REITs leading all sectors in total returns. That was according to the Quarterly Market Perspectives […]

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Park Plaza, a three-building medical office project located at 1776, 1782 and 1790 West Park Avenue in Redlands, California, at a price of $6,300,000. The 52,407-square-foot project was 32% occupied at the time of sale.   Gary Stache, Sammy Cemo, Doug […]

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

Guthrie has announced plans to move forward with construction of a medical office building as part of a mixed-use property planned for Ithaca’s City Harbor waterfront development. Guthrie will occupy a three-story, 60,000 square-foot medical office building at 101 Pier Road. The building will house a mix of clinical services designed to meet the identified […]