News Release: National Triple Net-Leased Healthcare Portfolios Trade

JLL completes $137.6 million sale of Inpatient Rehabilitation Hospitals BOSTON, May 8, 2017 – On behalf of Healthcare Realty Trust, JLL’s Capital Markets experts announce the sale of six Inpatient Rehabilitation Hospitals located in Arizona, Pennsylvania and Texas. In two transactions, affiliates of Global Medical REIT and Carter Validus Mission Critical REIT each purchased three […]

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News Release: MedCraft completes 60,000 square-foot outpatient facility for Ascension Health in Howell, Mich.

MedCraft just completed another major project for Ascension Health. The Ascension Medical Center, a $13.5 million, 60,000 square-foot outpatient facility in Howell, Mich., (outside of Detroit) opened Friday. The new outpatient center will offer primary care services of family practice, internal medicine, obstetrics/gynecology and pediatrics. Specialties include cardiology, pulmonology and audiology. Other services include diagnostic […]

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News Release: Catalyst CRE Acquires White-Wilson Real Estate Holdings for $30.3M

Catalyst CRE Acquires White-Wilson Real Estate Holdings  (FORT WALTON BEACH, Fla.) May 5, 2017 — Healthcare real estate development firm Catalyst CRE recently acquired the real estate holdings of northwest Florida-based White-Wilson Medical Center.  The acquisition-leaseback deal includes 8 buildings and more than 144,000 square feet, purchased for nearly $31.3 million. The facilities will be […]

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Cover Story: Tearing up Obamacare

How potential health law changes might affect HRE By John B. Mugford With resistance in Congress, President Donald Trump has found it more difficult than he expected to keep his campaign promise to repeal and replace Obamacare. Yet most believe that some changes to the Patient Protection and Affordable Care Act (PPACA) are inevitable. How […]

News Release: Ryan Companies Names New Senior Vice President of North Region

News Release: Ryan Companies Names New Senior Vice President of North Region

Ryan Companies US, Inc. Promotes Mike Ryan to Executive in Charge of its North Region Minneapolis, MN (May 3, 2017) — Ryan Companies US, Inc. announced today the promotion Mike Ryan to Senior Vice President – North Region Market Leader and executive in charge of its largest business unit (North Region) based in Minneapolis, MN. “Mike […]

David Martin (Photo courtesy of MBRE Healthcare)

News Release: MBRE Healthcare Names Martin SVP of Development

CHICAGO – MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division. MBRE Healthcare is a national, full-service real estate company that acquires, develops, leases, and manages healthcare facilities, along with its affiliated fund manager, ROA Holdings. “We’re very happy to have someone with David’s experience helping lead […]

News Release: Construction Begins on Superior Medical Center in Colorado

Pacific Medical Buildings and Sawtooth Development Group Start Construction on 60,000-Square-Foot Medical Office Building in Superior, CO Superior, CO (May 3, 2017) – Pacific Medical Buildings (PMB) and Sawtooth Development Group, LLC have broken ground on a four-story, 60,000-square-foot medical office building in downtown Superior, Colorado. The new development, Superior Medical Center, includes a four-story, 229 […]

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News Release: Dallas: Office/Medical Complex Changes Hands

Office/Medical Complex Changes Hands in Dallas DALLAS, May 2, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced  the sale of the Forest Green Office/Medical Complex, a four-building, 173,790-square-foot office complex in Dallas. “The asset was previously listed by multiple […]

News Release: Institutional Property Advisors Brokers $10.65 Million Sale of Single-Tenant Medical Office Building in Rural Kentucky

News Release: Institutional Property Advisors Brokers $10.65 Million Sale of Single-Tenant Medical Office Building in Rural Kentucky

POWDERLY, Ky., May 2, 2017– Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of a 56,500-square-foot, single-tenant medical office building in Powderly, Ky., for $10.65 million. Located at 1010 Medical Center Drive, the facility will continue to operate as a […]

News Release: The Sanders Trust Expands Footprint into 22nd State with $21 Million Acquisition in Maryland

News Release: The Sanders Trust Expands Footprint into 22nd State with $21 Million Acquisition in Maryland

BIRMINGHAM, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has completed the $21 million acquisition of a Class A medical center in Hagerstown, Maryland. The deal marks the expansion of The Sanders Trust footprint into its 22nd state. The Parkway Professional Center is a 71,000-square-foot ambulatory care center located on […]

News Release: Bradley Company Promotes Market Leaders to Managing Directors in their Indianpolis, Grand Rapids and Fort Wayne offices

Indianapolis & Fort Wayne, IN and Grand Rapids, MI – May 1, 2017 – Bradley Company is pleased to announce our three Market Leaders; Tom Deitche, Sally Tucker and Jim Logan have been promoted to Managing Director for each of their respective offices in Fort Wayne, IN; Grand Rapids, MI; and Indianapolis, IN. Each of […]

The $38 million, two-story, 106,000 square foot James A. Haley Veterans› Hospital Primary Care Annex in Tampa, Fla., developed, financed and owned by Duke Realty, set a new standard for efficient, patient-centered VA outpatient facilities.
(Rendering courtesy of Duke Realty)

News Realse: Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion

Creates the Dominant Medical Office Platform with Significant Scale in Key, Gateway Markets Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it entered into a definitive […]

The $154 million, 459,717 square foot Baylor Charles A. Sammons Cancer Center, which was developed by Duke Realty, opened in Dallas in late March.
Photo courtesy of Duke Realty

News Release: Duke Realty to sell medical office business to Healthcare Trust Of America for $2.8 billion

Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT INDIANAPOLIS, IN — (Marketwired) — 05/01/17 — Duke Realty Corporation (NYSE: DRE) (the “Company”) entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical […]

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News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project

Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]

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News release: New Northside Hospital Cherokee Opens to Patients on May 6

Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]