News Release: Just Closed - Clearfork Medical Office Building

News Release: Just Closed – Clearfork Medical Office Building

The JLL Healthcare Capital Markets Group is pleased to announce the sale of Clearfork Medical Office Building, a fully leased Class A medical office building totaling 77,825 rentable square feet in Fort Worth with numerous specialties including orthopedics, cardiology, surgery, oncology, gastroenterology, rheumatology and primary care. Daniel Turley of the JLL Healthcare Capital Markets Group […]

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News Release: Just Closed – Roseburg Surgery Center

Sale Date: June 28, 2017 Property Size: 62,246 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Roseburg Surgery Center (the “Property”). Lee Asher and Chris Bodnar of the CBRE U.S. Healthcare Capital Markets Group partnered with Ted Nicholson in the Oregon market to act as […]

News Release: Capital One Closes $250 Million Loan to Refinance Medical Office Building Portfolio

Bethesda, Md. (July 13, 2017) – Capital One announced today that it served as joint lead arranger, sole bookrunner, and administrative agent for a $250 million syndicated loan to Healthcare Trust, Inc. (HTI). The company will use the funds to refinance 29 medical office assets totaling 1.65 million square feet in 13 states. Capital One […]

News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $21.4 Million Credit Facility for a Joint Venture advised by Heitman Capital Management and managed by Montecito Medical Operating Company.

BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a $21.4MM term loan for a Joint Venture arranged by Heitman Capital Management, LLC and managed by Montecito Medical Operating Company. The BMO loan provided financing for the acquisition of a medical office building […]

News Release: Montecito Medical Acquires Utah Portfolio

News Release: Montecito Medical Acquires Utah Portfolio

NASHVILLE, TENN., July 7th, 2017 — Montecito Medical Real Estate, one of the largest privately held firms in the country devoted exclusively to medical real estate, has acquired the 105,592-square foot Ogden Clinic Portfolio. Ogden Clinic is a dominant multi-specialty provider in the Southwest Mountain region. The Class-A portfolio is comprised of four properties which […]

News Release: Recently Sold - Ogden Clinic Medical Portfolio

News Release: Recently Sold – Ogden Clinic Medical Portfolio

News Release: Marcus & Millichap Arranges Sale of 18,708 Square Foot Medical Office Building

News Release: Marcus & Millichap Arranges Sale of 18,708 Square Foot Medical Office Building

RIVERVIEW, FL, July 5, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Bay Area Physicians Surgery Center, an 18,708 square foot medical office property located in Riverview, Florida, according to Ari Ravi, regional manager of […]

News Release: Blue Moon Capital Partners Acquires Off-Market Senior Housing Community

Boston, MA (June 30, 2017)—Blue Moon Capital Partners LP (“Blue Moon”), a leading senior housing private equity investor, announced today that it has acquired a majority interest in The Carillon at Boulder Creek (“The Carillon”), a 117- unit senior living community located in Boulder, Colorado adjacent to the University of Colorado campus. Blue Moon replaced […]

News Release: Just Sold - 2690 Pacific Avenue Long Beach, California

News Release: Just Sold – 2690 Pacific Avenue Long Beach, California

Transaction Summary CBRE’s Investment Properties SoCal team is pleased to announce the sale of 2690 Pacific Ave located in Long Beach, CA at a price of $6,575,000 ($250 / SF). The 26,293 SF medical office building was 91% leased to 8 tenants and is located adjacent to the renowned Long Beach Memorial Medical Center. Gary […]

News Release: A M King Starts Multi-Tenant Medical Office Building in Steele Creek

News Release: A M King Starts Multi-Tenant Medical Office Building in Steele Creek

Charlotte, NC—A M King, a fast-growing Design-Build firm, announced that it has begun construction of a new medical office building at the intersection of Steele Creek and S. Tryon St. The two-story building is a joint venture between The Keith Corporation and Sports Med Properties, LLC. and will comprise roughly 24,000-square-feet. The building is being […]

News Release: Longtime San Antonio building/ infrastructure professional joins forces with nation’s leading healthcare facility developer

News Release: Longtime San Antonio building/ infrastructure professional joins forces with nation’s leading healthcare facility developer

SAN ANTONIO, TEXAS, June, 29, 2017 – Alvaro Rizo-Patron has recently joined Hammes, the nation’s leading provider of healthcare building strategies, as the new Regional Vice President for the company’s growing Texas market. Mr. Rizo-Patron has been involved in many of San Antonio’s most important capital projects, including the San Antonio Airport Expansion, Bexar County […]

News Release: Ryan Architecture and Engineering Makes Key Hires in Healthcare Sector

News Release: Ryan Architecture and Engineering Makes Key Hires in Healthcare Sector

Johnson and McLane Bring 22 Years of Collective Experience to Healthcare Team Minneapolis, MN (June 29, 2017) Ryan A+E, Inc., Ryan Companies’ architecture and engineering practice, announces the hiring of two key architects to their growing team. The addition of Alena (Sakalouski) Johnson and Adam McLane demonstrates the significant value Ryan Companies places on the […]

Outpatient Projects: Rendina to break ground in fall 2017 on ambulatory care center in Bristol, Conn.

BRISTOL, Conn. – In more news from Jupiter, Fla.-based Rendina Healthcare Real Estate, the company says it plans to break ground this coming fall on a 60,000 square foot ambulatory care center (ACC) in downtown Bristol, a city of about 60,000 residents.

The five-building, 504,721 square foot Offices at Pin Oak Park just outside of Houston has emerged in recent years as a medical office park, thanks in large part to its location seven minutes or so west of the massive Texas Medical Center.
Photo courtesy of JLL

Hot Property: Office park emerging as MOB hotbed

Five-building property complements Houston’s Texas Medical Center Name: Pin Oak Portfolio City: Bellaire, Texas (Houston metro) Number of buildings: 5 Square feet: 504,721 Campus size: 12 acres Occupancy: 93 percent Medical tenancy: 58 percent Brokers: Mindy Berman, Tom Fish, Brian Bacharach and Rudy Hubbard of JLL In Greater Houston, one of the most affluent, conveniently […]

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Transactions: Montecito acquires “premier destination” MOB in Carlsbad, Calif., for $27.3 million

CARLSBAD, Calif. – Nashville, Tenn.-based Montecito Medical Real Estate in May acquired the 49,580 square foot North Coast Medical Plaza in Carlsbad, an affluent coastal town just north of San Diego.