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Breaking News

News Release: $56.1M Sale-Leaseback of Missouri Medical Office Portfolio, Represented by Newmark Knight Frank

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

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)

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

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

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

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

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 […]

News Release: Kaiser Permanente mourns the loss of Bernard J. Tyson, Chairman and CEO

News Release: Kaiser Permanente mourns the loss of Bernard J. Tyson, Chairman and CEO

November 10, 2019 OAKLAND, Calif. — It is with profound sadness that we announce that Bernard J. Tyson, Chairman and CEO of Kaiser Permanente, unexpectedly passed away early Sunday morning in his sleep. On behalf of our Board of Directors, employees and physicians, we extend our deepest sympathies to Bernard’s family during this very difficult time. An outstanding […]

News Release: Skanska USA Celebrates Grand Opening of Inspira Medical Center Mullica Hill

News Release: Skanska USA Celebrates Grand Opening of Inspira Medical Center Mullica Hill

New 465,000 square foot New Jersey hospital highlights increasing demand for innovative construction methods in healthcare delivery Philadelphia, PA – On November 8, Skanska USA, one of the world’s leading construction and development firms, celebrated the grand opening of Inspira Medical Center Mullica Hill in Mullica Hill, New Jersey. The new five-story, 465,000 square-foot inpatient […]

News Release: Atkins Companies Bolsters its Pittsburgh Portfolio with Acquisition of Medical Office Building

News Release: Atkins Companies Bolsters its Pittsburgh Portfolio with Acquisition of Medical Office Building

For Immediate Release  West Mifflin, Pa. (November 7, 2019) – Atkins Companies, a multigenerational commercial real estate development, investment, and property management firm, announces the acquisition of a 26,174-square-foot medical office building located at 2027 Lebanon Church Road in West Mifflin, Pa. Fully leased by Allegheny Health Network, a subsidiary of Highmark Health Inc., 2027 […]

News Release: Just Closed - The Medical Pavilion, Fresno, Calif

News Release: Just Closed – The Medical Pavilion, Fresno, Calif

JUST CLOSED THE MEDICAL PAVILION Fresno, CA Sale Date: 10/30/2019 Property Size: 32,941 SF Occupancy: 93% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of The Medical Pavilion (the “Property”), located in Fresno, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Sabrina Solomiany acted as the seller’s exclusive advisors. The Property totals […]

News Release: PMB breaks ground for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.

News Release: PMB breaks ground for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.

FOR IMMEDIATE RELEASE Officials at the San Diego-based healthcare real estate firm say the $19 million pavilion is already 60 percent pre-leased by Carondelet Medical Group and other healthcare practices TUCSON, Ariz., and SAN DIEGO, Nov. 6, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, […]

News Release: JLL closes $142.9M sale of 50-property investment grade portfolio

News Release: JLL closes $142.9M sale of 50-property investment grade portfolio

Keen investor interest in medical properties continues BOSTON, Nov. 6, 2019 – JLL announced today that it has closed the $142.9 million sale of a 50-property national investment grade portfolio totaling approximately 430,000 square feet across 22 states. JLL represented the seller, Elliott Bay Capital Trust, and procured the buyer, a publicly traded REIT. The […]

News Release: Montecito Continues to Expand

News Release: Montecito Continues to Expand

Montecito Hires Data Manager, Jennifer Price FOR IMMEDIATE RELEASE November 5th, 2019 Nashville, Tenn. — Montecito Medical, the nation’s top privately held acquirer of medical real estate, has expanded its growing team with the addition of Jennifer Price as Data Manager. Price, a data scientist who has extensive experience in analytics and information management, will be directly […]

News Release: Just Closed - Las Colinas Cancer Center

News Release: Just Closed – Las Colinas Cancer Center

JUST CLOSED LAS COLINAS CANCER CENTER Irving, TX Sale Date: 10/28/2019 Property Size: 14,900 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Las Colinas Cancer Center (the “Property”), located in Irving, Texas. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Sabrina Solomiany partnered with Austin Barrett in the Texas market […]