News Release: Caddis was one of the most active acquirers of MOBs during the past  12 months

News Release: Caddis was one of the most active acquirers of MOBs during the past 12 months

The firm’s new Caddis Acquisition Fund flourished with investments in 20 medical office buildings totaling 893,528 square feet  Dallas, Dec. 7, 2018 – During only the first 12 months since establishing its new investment fund, Caddis® has emerged as one of the nation’s most active acquirers of medical office buildings (MOBs), company officials say. Through […]

News Release: CBRE Completes Sale of Children’s Hospital Medical Pavilion in Aurora, Colorado

News Release: CBRE Completes Sale of Children’s Hospital Medical Pavilion in Aurora, Colorado

Denver – Dec. 10, 2018 – CBRE announced today that the firm has completed the sale of the Children’s Hospital Medical Pavilion, previously called Aurora Medical Pavilion, located at 860 North Potomac Circle in Aurora, Colorado. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany of CBRE U.S. Healthcare Capital Markets partnered with […]

News Release: Sun Commercial Investment Services Group: 100% YTD 2018 Repeat or Referral Record

News Release: Sun Commercial Investment Services Group: 100% YTD 2018 Repeat or Referral Record

Just Closed – 5785 Centennial Center Boulevard ±30,172 SF Centennial Gateway Office| Sold for $9,050,000 Buyer represented by Investment Services Group The Investment Services Group of Sun Commercial Real Estate Inc. is pleased to announce the closing of 5785 Centennial Center Boulevard in Las Vegas, Nevada. Centennial Gateway Office is 100% occupied with 61% of the tenant roster […]

News Release: Honor Health breaks ground on sixth hospital

News Release: Honor Health breaks ground on sixth hospital

New hospital to serve growing north Phoenix/Anthem communities Scottsdale, Ariz. (Dec. 5, 2018) — Honor Health broke ground on its sixth hospital today at Interstate 17 and Dove Valley Road in north Phoenix. The three-story, 210,000-square-foot HonorHealth Sonoran Medical Center will be built on the campus that currently houses the Sonoran Health and Emergency Center. The site will […]

News Release: HFF announces $29.95M sale of 2-building medical office campus in affluent Los Angeles submarket

News Release: HFF announces $29.95M sale of 2-building medical office campus in affluent Los Angeles submarket

San Diego, CA – DEC. 5, 2018 – HFF announces the $29.95 million sale of Westlake Village, two medical office buildings totaling approximately 50,000 square feet in the Los Angeles-area community of Westlake Village, California. The HFF team represented the seller, Nadler Cypress Holdings2, LLC and La Venta LLC.  Welltower purchased the assets in an […]

News Release: Global Healthcare Services Recent Transaction

News Release: Global Healthcare Services Recent Transaction

Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Heartland Women’s Healthcare Six (6) Building, Medical Office Portfolio Located throughout Southern Illinois Total SF: 64,966 SF Selling Price: $14,287,440,  Sale Date: 11/30/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com   Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com   Bryan Walsh […]

News Release: Mark G. Dewane Elected Chairman of the Maricopa County Special Health Care District Board of Directors

News Release: Mark G. Dewane Elected Chairman of the Maricopa County Special Health Care District Board of Directors

Mark G. Dewane, a financial advisor with over 25 years of volunteer experience, has been elected chairman of the Maricopa County Special Health Care District Board of Directors, effective immediately. Director Mary A. Harden, RN, was additionally re-elected as Vice-Chair. At a meeting today, the Board unanimously elected Dewane to lead the five-member elected body that […]

News Release: Flagship Healthcare Properties Appoints Vice President and Director of Investor Relations

Charlotte, NC – December 3, 2018  –  Flagship Healthcare Properties, LLC (“Flagship”) is pleased to announce that Alexis Budge has joined the firm as Vice President and Director of Investor Relations. Alexis will work closely with the other members of Flagship’s Investor Relations team, Ryan Judson and Downie Saussy to expand the investor base of […]

News Release: Cushman & Wakefield Arranges Sale of Seventh Avenue Medical Center in Chardon

News Release: Cushman & Wakefield Arranges Sale of Seventh Avenue Medical Center in Chardon

Gino Lollio, Scott Niedergang, Bryan Belville and Eric Schreibman Represented the Buyer and Seller in the Transaction Chicago, November 28, 2018 – Cushman & Wakefield has arranged the sale of Seventh Avenue Medical Center in Chardon, Ohio, a Cleveland suburb. Gino Lollio, Scott Niedergang and Bryan Belville of Chicago, brokers in the firm’s Healthcare Advisory […]

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Park Plaza, a three-building medical office project located at 1776, 1782 and 1790 West Park Avenue in Redlands, California, at a price of $6,300,000. The 52,407-square-foot project was 32% occupied at the time of sale.   Gary Stache, Sammy Cemo, Doug […]

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

Guthrie has announced plans to move forward with construction of a medical office building as part of a mixed-use property planned for Ithaca’s City Harbor waterfront development. Guthrie will occupy a three-story, 60,000 square-foot medical office building at 101 Pier Road. The building will house a mix of clinical services designed to meet the identified […]

News Release: St. James Hospital Cuts Ribbon on New Medical Office Building

News Release: St. James Hospital Cuts Ribbon on New Medical Office Building

Hornell, NY – St. James Hospital celebrated the opening of its new medical office building today at a ribbon-cutting ceremony and tour with community members, St. James providers and employees, UR Medicine leadership and elected officials, including New York Lt. Gov. Kathy Hochul. Located at 7309 Seneca Road North, in the former Wegmans plaza, the […]

News Release: Healthcare News to Use: TCC Begins Development of Hospital in the Northeast

News Release: Healthcare News to Use: TCC Begins Development of Hospital in the Northeast

Seavest & Trammell Crow Company Begin Development of Neighborhood Hospital for Allegheny Health Network The firms are helping to bring expanded emergency services, cancer care and other medical services to Westmoreland County, PA. Hempfield TWP, PA., and White Plains, N.Y., November 29, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, […]

News Release: Ankura Healthcare Real Estate Solutions and Medicus Capital break ground on a 50,000-SF Outpatient Care Center for Northwest Community Healthcare in Kildeer, Illinois

News Release: Ankura Healthcare Real Estate Solutions and Medicus Capital break ground on a 50,000-SF Outpatient Care Center for Northwest Community Healthcare in Kildeer, Illinois

Kildeer, IL – More than 60 guests, including Northwest Community Healthcare leadership, Kildeer’s Village President, real estate investor Medicus Capital, development firm Ankura Healthcare Real Estate, builder Leopardo Companies and lender Wintrust Financial, attended a groundbreaking ceremony held on November 16th to mark the start of construction on a 50,000-square-foot, two-story Outpatient Care Center. The […]

News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia

News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia

Nashville, Tenn. — Montecito Medical, a premier owner of medical office buildings throughout the U.S., has acquired a portfolio consisting of three prime medical office buildings and a medical office condominium in the Richmond, Virginia, market area. The four properties in the portfolio — Boulders Medical Office Building, Memorial Regional Building, Johnston Willis Medical Office […]