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News Release: Concord Hospital Memorial Medical Office Building West

News Release: Concord Hospital Memorial Medical Office Building West

Published on June 22, 2020 On June 29, Concord Hospital will be cutting the ceremonial ribbon to open a new wing to its Memorial Medical Office Building, offering an efficient layout to support team-based care, enhanced exam and procedure rooms, centralized registration on each floor and a new café. The state-of-the-art Memorial Medical Office Building West […]

News Release: CBRE Announces Sale of Medical Office in Orange County to Local Exchange Buyer for $8.4 Million

News Release: CBRE Announces Sale of Medical Office in Orange County to Local Exchange Buyer for $8.4 Million

Orange County, CA | June 22, 2020 The deal generated multiple offers from local investors Newport Beach, Calif. – CBRE announced the sale of a 11,499 square-foot medical office in Tustin, Calif. for $8.4 million to an unidentified local 1031-exchange buyer. CBRE’s Ian Schroeder, Melissa Ley and Allison McDuffie represented the seller, CREST Properties LLC. The infill […]

News Release: New medical office project at the Woman’s Hospital of Texas breaks ground

News Release: New medical office project at the Woman’s Hospital of Texas breaks ground

116,500 SF Building will be First New Medical Office on Campus in 17 Years (June 22, 2020 – Houston) – Healthpeak Properties, Inc. announces the development of a new 116,500-square-foot medical office development at 7500 Fannin St. in Houston. The building is on the campus of The Woman’s Hospital of Texas, less than a mile […]

News Release: Gantry Secures $33.3 Million in Financing for Adjacent Buildings in the San Francisco East Bay

News Release: Gantry Secures $33.3 Million in Financing for Adjacent Buildings in the San Francisco East Bay

Bay Area Special Purpose Office & MOB assets receive $33.3 million in permanent financing. FOR IMMEDIATE RELEASE Transaction Details Loan Amount: $33,300,000 Loan Type: Fixed-Rate Financing Loan Term: 10-Year Term Loan Amortization: 30-Year Amortization Property Type: Special Purpose Office Building & Medical Office Building San Francisco, CA, June 22, 2020 – Gantry, Inc., the largest […]

News Release: Stevens Construction begins Executive Medical Center, General Contractor adds new surgical center to existing building

News Release: Stevens Construction begins Executive Medical Center, General Contractor adds new surgical center to existing building

NAPLES, Fla. (June 18, 2020) – Stevens Construction has started construction of Executive Medical Center, a 27,773-square-foot three-story addition with ambulatory surgery center and MRI, announced Mark Stevens, president, Stevens Construction, Inc. Located at 4513 Executive Drive, the first floor of the addition will include medical offices, exam rooms and a new state-of-the-art MRI.  The […]

News Release: Hammes Company Healthcare celebrates groundbreaking of Moffitt Cancer Center hospital expansion

News Release: Hammes Company Healthcare celebrates groundbreaking of Moffitt Cancer Center hospital expansion

Milwaukee, WI, June 18, 2020 – Hammes Company Healthcare, a leading provider of consulting and project delivery services to the healthcare industry, was honored to participate in the June 16th groundbreaking ceremony for the Moffitt Cancer Center hospital expansion in Tampa, Florida. Hammes is serving as program manager for the development of a new, 20-acre property […]

News Release: Intermountain Spanish Fork Hospital Opening Rescheduled to Spring 2021

News Release: Intermountain Spanish Fork Hospital Opening Rescheduled to Spring 2021

Jun 18 Intermountain Healthcare’s Spanish Fork Hospital, which was originally slated to open in October 2020, is now scheduled to open in April 2021. Two main factors contributed to rescheduling the opening: The COVID-19 pandemic and related economic slow-down have had a significant impact on the healthcare industry. Patient volumes throughout the Intermountain system dipped […]

News Release: Stan Johnson Company Brokers Sale of Indiana Healthcare Facility for $2.7 Million

News Release: Stan Johnson Company Brokers Sale of Indiana Healthcare Facility for $2.7 Million

June 18, 2020 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a single-tenant, 10,000-square-foot healthcare facility leased to Advanced Medical Imaging. The property is located at 2008 West Boulevard Street in Kokomo, Indiana. Rachel Walz of Stan Johnson Company exclusively represented the buyer, a Chicago, Illinois-based individual […]

News Release: IRA Capital expands Southern California portfolio with life science campus purchase

News Release: IRA Capital expands Southern California portfolio with life science campus purchase

June 9, 2020 — Southern California‐based private equity firm IRA Capital is pleased to announce the acquisition of a three‐building 160,000 square foot corporate campus in Aliso Viejo, CA (Orange County). The project sits on 12 acres and is 100% leased to Glaukos Corporation (NYSE: GKOS), which shall serve as the company’s new global headquarters. Glaukos focuses on […]

Thought Leaders: Seniors Housing sector is positioned for continued favorable performance in 2020

Thought Leaders: Seniors Housing sector is positioned for continued favorable performance in 2020

In a sector already poised for disruption, new innovations such as technology, infrastructure and design are vital to the well-being and safety of residents. The COVID-19 pandemic continues to impact the real estate industry in new ways. Owners and operators in the Seniors Housing sector are facing unprecedented challenges head-on, and have adjusted to apply […]

News Release: JLL completes sale of Colorado medical office complex

News Release: JLL completes sale of Colorado medical office complex

Three-building medical campus anchored by Optum DENVER, CO, June 17, 2020 – JLL Capital Markets announced today that it has closed the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs, Colorado. JLL represented the seller, and procured the buyer, MBRE Healthcare. Union Medical Office Plaza consists of 1625, […]

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News Release: Broe Real Estate Launches $250M Strategic Investments Program

Eyes Liquidity-Challenged Commercial Real Estate Assets in Western US NEWS PROVIDED BY Broe Real Estate Group  Jun 17, 2020, 09:07 ET DENVER, June 17, 2020 /PRNewswire/ — Broe Real Estate Group (BREG), an affiliate of The Broe Group, announces the launch of its $250M BREG Strategic Investments Program to create expedited capital solutions for liquidity strained commercial real estate properties and […]

Feature Story: Investors expect a big second half

Feature Story: Investors expect a big second half

Still-active MOB buyers discuss the state of the market during InterFace webinar By John B. Mugford After the initial shock of the fallout of the COVID-19 pandemic, it looks as if the healthcare industry, and subsequently the healthcare real estate (HRE) sector, is getting back on track. “We collected 96 percent of our rents (in […]

Feature Story: Even if there is short-term pain, MOBs are a strong investment

Feature Story: Even if there is short-term pain, MOBs are a strong investment

Panelists on a Marcus & Millichap webinar reiterate why they are bullish on the property type NATIONAL — Because medical office buildings (MOBs) have fared rather well during the COVID-19 pandemic, with rent collections remaining very strong for many landlords, capitalization rates, or first-year estimated returns, for the product type have not risen much at all. […]

News Release: Anchor Health Properties Acquires Key IRF in Target Mid-Atlantic Market

News Release: Anchor Health Properties Acquires Key IRF in Target Mid-Atlantic Market

FOR IMMEDIATE RELEASE June 15, 2020 (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 acquired a 42,140 square foot Class A Inpatient Rehabilitation Facility (IRF) located in Dover, Delaware. Anchor acquired the asset through a joint venture with […]