Transactions: Q3 MOB sales were $2.2 billion
With a number of big deals to close in Q4, 2019 sales are a lock to top $10 billion By John B. Mugford NATIONWIDE – After a slow start to the year, medical office building (MOB) sales have picked up in the second and third quarters (Q2 and Q3), providing a strong possibility that the […]
News Release: Stockdale Capital Partners Announces Plans for Major Class A Medical Office Building on Los Angeles’ Westside
FOR IMMEDIATE RELEASE 656 S. San Vicente Blvd. will be first medical office building built in area in nearly twenty years LOS ANGELES – November 19, 2019 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based real estate investment manager, unveiled plans for a new 145,000 square foot, Class A medical building on Los Angeles’ Westside, […]
News Release: Meridian Sells New-Construction 13,600 SF Dialysis Clinic in Stockton for $7.5 Million, 5.15% Cap Rate
Meridian Sells New-Construction 13,600 SF Dialysis Clinic in Stockton for $7.5 Million, 5.15% Cap Rate SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 13,600-square-foot dialysis clinic in Stockton, California. The purchase price […]
News Release: Anchor Health Properties Achieves Certificate of Occupancy for the 85,000 Square Foot Nemours Sussex Medial Office Building
FOR IMMEDIATE RELEASE November 18, 2019 (Media, PA) In partnership with Bayhealth, Anchor Health Properties (Anchor) is pleased to announce it has received a Certificate of Occupancy for the Nemours Sussex Medical Office Building located on the 169-acre Bayhealth Sussex Campus in Milford, Delaware. The three-story, 85,000 square foot facility will provide comprehensive, high-quality pediatric […]
News Release: Montecito Promotes Hayball to Chief Investment Officer
Montecito Medical Promotes Justin Hayball to Chief Investment Officer FOR IMMEDIATE RELEASE November 18th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., announced the promotion of Executive Vice President of Acquisitions, Justin Hayball, to Chief Investment Officer. Mr. Hayball joined Montecito in early 2013 and has been an […]
News Release: Just Closed – El Paso MOB Portfolio
CBRE Capital Markets | Healthcare JUST CLOSED: El Paso MOB Portfolio El Paso, Texas Sale Date: 11/12/2019 Portfolio Size: +80,685 SF Occupancy: 94% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the El Paso Medical Office Building Portfolio (the “Portfolio”). Chris Bodnar, Lee Asher, Sabrina Solomiany, Ryan Lindsley and Jordan Selbiger partnered […]
Thought Leaders: BGL Q3 2019 Medical Office Development Market Update
Brown Gibbons Lang & Company BGL Healthcare Investment Real Estate Q3 2019 Medical Office Development Market Update The BGL Medical Office Development Market Update is a quarterly research publication highlighting national medical office building transactions, investor activity, and trends within the medical office building real estate market. Medical office property sales have flattened slightly in Q3 […]
News Release: Healthcare Realty Trust acquires Plano Medical Pavilion
JLL completes the sale of the newly constructed building on the campus of Baylor Scott & White Medical Center – Plano SAN DIEGO, November 13, 2019 – JLL announced today that it has closed the sale of Plano Medical Pavilion, a 48,192-square-foot, newly constructed, on-campus medical office building in Plano, Texas. JLL marketed the property […]
News Release: $56.1M Sale-Leaseback of Missouri Medical Office Portfolio, Represented by Newmark Knight Frank
FOR IMMEDIATE RELEASE Newmark Knight Frank Represents $56.1M Sale-Leaseback of Missouri Medical Office Portfolio St. Louis, MO (November 12, 2019) — Newmark Knight Frank (NKF) announces the $56.1 million sale of the Jefferson City Medical Group (JCMG) Portfolio. The two medical office assets, totaling 184,181 square feet, are located at 1241 and 1225 West Stadium […]
News Release: Cornerstone MOB Fund IV Acquires $23.9M Portfolio
Cornerstone Companies, Inc. Completes Most Recent Fund Offering; Cornerstone MOB Fund IV Acquires $23.9M Portfolio INDIANAPOLIS – Cornerstone Companies, Inc. recently announced the purchase and development of six healthcare real estate properties totaling more than 87,000 sf in Indiana, Kentucky, Ohio and Tennessee for a total of $23.9 million. The properties were acquired by Cornerstone […]
News Release: Recent GHS Sale Announcement (Surgery Center of Wasilla MOB, Wasilla, AK)
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD Surgery Center of Wasilla Medical Office Building Wasilla, AK Total SF: 37,587 Selling Price: $16,370,215 Cap Rate: 7.1% Sale Date: 11/6/2019 Todd Perman, CCIM Vice Chairman Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Senior Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Jonathan Kesler Associate Global Healthcare Services 404.806.2730 […]
News Release: Welltower Expands Outpatient Platform Through Acquisition of Hammes and 4 Other Transactions Totaling $1.7 Billion
Welltower Expands Outpatient Medical Platform Through Acquisition of Hammes and 4 Other Transactions of Class-A Properties, Totaling $1.7 Billion 11/11/2019 4:20:00 PM EST TOLEDO, Ohio, Nov. 11, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has entered into a definitive agreement under which Welltower will acquire a 29-property Class-A medical office building portfolio from Hammes Partners (“Hammes”) for $787 million. Separately, Welltower announced […]
News Release: Welltower and Invesco Real Estate Announce $850 Million MOB JV
Welltower and Invesco Real Estate Announce $850 Million Medical Office Building Joint Venture 11/11/2019 4:15:00 PM EST TOLEDO, Ohio, Nov. 11, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and Invesco Real Estate (“Invesco”), a global real estate investment manager, today announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet. The portfolio was […]
News Release: Echo Development Group Acquires Medical Office Building in Topeka, KS
Echo Development Group, Inc. Acquires Class A Medical Office Building in Topeka, Kansas Chicago, IL (November 8, 2019) – Echo Development Group, Inc., in association with Quivet Neck HCRE, LLC, announces it has acquired a class A medical office building anchored by the University of Kansas Health System and Stormont Vail Health. The property is […]
News Release: Ryan Companies Builds Momentum With New Healthcare Lead
Allina Health Executive Mike McMahan Joins Ryan Companies Minneapolis, MN (November 11, 2019) Ryan Companies announced today they have named Mike McMahan their new Senior Vice President and Healthcare Leader. McMahan joins a growing group of healthcare real estate and facilities professionals at Ryan Companies and will lead a national group of specialists in […]
