Transactions: Fully occupied, 44,382 s.f. MOB in Hackettstown, N.J., trades; local Colliers broker represents seller
HACKETTSTOWN, N.J. – A “bidding war” took place among four investors for a fully occupied, 44,382 square foot MOB at 108 Bilby Road that recently traded in Hackettstown, about 50 miles west of Manhattan. The buyer was a third-generation New Jersey family investment firm that paid $10.6 million at a cap rate of 7.5 percent, […]
For Sale: Core-Plus Medical Office Building Investment Opportunity in St. Louis | St. Louis, MO
CBRE WALKER MEDICAL BUILDING Core-Plus Medical Office Building Investment Opportunity in St. Louis | St. Louis, MO ADDRESS: 12855-12955 NORTH FORTY DRIVE, ST. LOUIS, MO BUILDING SIZE: 129,590 RSF YEAR BUILT: 1983; PARKING STRUCTURE ADDED 2005 OCCUPANCY: 82% IN-PLACE NOI: $1,314,553 THE OFFERING CBRE’s Healthcare Capital Markets is pleased to exclusively offer the Walker Medical […]
News Release: $113M sale of Medical Dental Building in Seattle completed by JLL
Historic office/medical office tower in prime location of central business district SEATTLE, WA– JLL announced today that it has closed the $113 million sale of the historic Medical Dental Building, an approximately 300,000-square-foot, office/medical building located in the dynamic Seattle central business district. JLL marketed the property on behalf of the seller, Goodman Real Estate, […]
Feature Story: Systems need help, advice with their R.E. strategy
Panelists at Colliers Healthcare conference outline what they want from HRE firms CHICAGO — When health system executives talk, healthcare real estate (HRE) professionals typically sit up and listen. After all, the needs of the country’s hospitals and health systems are what continue to drive HRE facility development, acquisitions, property management and other services such […]
News Release: The Sanders Trust Announces Expansion of Rehab Hospital in Tulsa
FOR IMMEDIATE RELEASE September 17, 2019 The Sanders Trust announces the expansion of Tulsa, Oklahoma rehabilitation hospital – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the expansion of PAM (Post Acute Medical) Rehabilitation Hospital in Tulsa, Oklahoma, which the firm acquired for $24.5 million in July 2018. Built in 2017, PAM […]
News Release: Anchor Health Properties Continues Expansion in Atlanta MSA with Large Off Market, On Campus Portfolio Acquisition
FOR IMMEDIATE RELEASE September 17, 2019 (Media, PA) Anchor Health Properties (Anchor) a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently invested in three Class A medical office buildings totaling approximately 110,000 square feet, and secured the right to acquire a fourth asset of 40,000 […]
News Release: CBRE Promotes Sabrina Solomiany to Lead Debt and Structured Finance for Healthcare Capital Markets
CAPITAL MARKETS ATLANTA – September 17, 2019 – CBRE announced today the promotion of Sabrina Solomiany to first vice president of national Healthcare Capital Markets. Based in Atlanta, GA, Ms. Solomiany will continue to work with Chris Bodnar and Lee Asher, vice chairmen and co-heads of Healthcare Capital Markets, to focus on debt and structured […]
News Release: NKF Orchestrates $15.5 Million Sale of One Park Way in Haverhill, MA
FOR IMMEDIATE RELEASE NKF Orchestrates $15.5 Million Sale of One Park Way in Haverhill, MA Pentucket Medical Realty Limited Partnership Sells Medical Office Building to American Healthcare Investors Boston, MA (September 16, 2019) — Newmark Knight Frank (NKF) announced today the successful completion of the $15.5 million sale of One Park Way in Haverhill, Massachusetts […]
News Release: Capital Real Estate Group announces the addition of U.S. Healthcare Investment Sales Team
FOR IMMEDIATE RELEASE Atlanta, GA – On Monday, September 16th, 2019 Capital Real Estate Group announced the addition of its Healthcare Investment Sales Practice, led by industry veterans Andrew Larwood and Allen Inman. The duo brings 15 years of experience in the sector following stints at a national brokerage firm as well as a middle market investment bank […]
News Release: Montecito Medical Acquires Medical Office Building in California Bay Area
FOR IMMEDIATE RELEASE September 16th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Bass Medical Group medical office building in Walnut Creek, California. The office property, which boasts more than 83,000 square feet of space, is 100-percent leased by Bass Medical Group, one of […]
News Release: For Immediate Release Atlantic Health System makes full investment in Rockaway, buys Health Pavilion building for nearly $26 million
For Immediate Release ROCKAWAY, NJ – SEPTEMBER 2019 – Atlantic Health System, a leading health care provider in New Jersey, recently purchased the building and property housing the Morristown Medical Center Health Pavilion in Rockaway, underscoring both its full investment in the facility, as well as its full commitment to the community. The Pavilion, opened […]
News Release: Healthcare Realty Trust Announces Medical Leave of Executive Chairman and Election of New Chairman
Company Release – 9/11/2019 5:00 PM ET NASHVILLE, Tenn., Sept. 11, 2019 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced that David Emery, Executive Chairman, has taken medical leave. Mr. Emery had been receiving treatment for pancreatic cancer and has chosen to relinquish his role as Chairman. He will remain a board member while on […]
Transactions: Anchor buys three MOBs in booming Huntsville, Ala.
Sources tell HREI that the deal was for about $100 million, or $483 PSF GREATER HUNTSVILLE, Ala. – As Greater Huntsville continues to grow by adding jobs in the defense, auto manufacturing, technology and technology sectors, the demand for healthcare services is booming as well. The economic expansion and growth of the Huntsville metropolitan statistical […]
News Release: Kirco Secures Management Agreement with Global Medical REIT for Mission Health Building in Livonia, Mich.
FOR IMMEDIATE RELEASE Troy, Mich., September 10, 2019 – KIRCO – a full-service commercial development, construction (KIRCO MANIX) and property management organization – announced today that the company has secured a new management agreement with Global Medical REIT (GMR) for the management of the Mission Health building in Livonia, Mich. “Although KIRCO managed the property […]
News Release: HCP to Acquire a Trophy Life Science Property in West Cambridge
IRVINE, Calif., Sept. 9, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) announced today that it executed a definitive agreement to acquire, for $332.5 million, a 224,000 square foot, LEED Gold® laboratory building located at 35 CambridgePark Drive, which is expected to close in December 2019. The property is being purchased from The Davis Companies and Invesco Real Estate (“Invesco”). 35 […]
