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News Release: Vibra Healthcare, Memorial Hermann & Medistar Announce Development of New Post-Acute Community: VibraLife of Katy

News Release: Vibra Healthcare, Memorial Hermann & Medistar Announce Development of New Post-Acute Community: VibraLife of Katy

MECHANICSBURG, Pa. and HOUSTON (June 7, 2017) – Vibra Healthcare, LLC (“Vibra”), Memorial Hermann Health System, and Medistar Corporation (“Medistar”) announced today their collaboration on the development of VibraLife of Katy, a new VibraLife post-acute and residential care community coming to the Houston area. The new state-of-the-art facility will be located in the Parkwest Business […]

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News Release: Houston: IPA Brokers $58M Medical Office Portfolio Sale

FOR IMMEDIATE RELEASE         Institutional Property Advisors Brokers $58 Million Sale Of Medical Office Portfolio Near Houston HOUSTON, June 6, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the $58 million sale of a portfolio of fully leased medical office properties outside […]

News Release: Just Sold - 11832-11846 Rosecrans Avenue Norwalk, California

News Release: Just Sold – 11832-11846 Rosecrans Avenue Norwalk, California

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 11832-11846 Rosecrans Avenue in Norwalk, CA at a price of $5,400,000 ($284 PSF). The 18,984 SF medical office building was 100% leased for 10 years to Avanti Hospitals, a Los Angeles-based hospital system and high-quality healthcare service provider. Gary Stache, Mark […]

News Release: Medistar Corporation and Post Acute Medical, LLC Announce New Inpatient Rehabilitation Hospital in Round Rock, TX

News Release: Medistar Corporation and Post Acute Medical, LLC Announce New Inpatient Rehabilitation Hospital in Round Rock, TX

ROUND ROCK, TX (June 2, 2017) – Medistar Corporation (“Medistar”) and Post Acute Medical are pleased to announce the development of PAM Rehabilitation Hospital of Round Rock. Operated by Post Acute Medical, LLC (“PAM”), this modern 48,000 square foot inpatient rehabilitation hospital will provide comprehensive inpatient and outpatient therapy services for families in Round Rock […]

News Release: Woodbury's CityPlace Signs Long-Term Lease with Minnesota Gastroenterology

News Release: Woodbury’s CityPlace Signs Long-Term Lease with Minnesota Gastroenterology

New Medical Office Building to Break Ground in August (JUNE 2, 2017 – WOODBURY, MINN.) – Elion Partners and Davis announced today that CityPlace’s planned 50,000+-square-foot medical office building signed a long-term lease with Minnesota Gastroenterology for 18,000 square feet of space. The new medical office building will be the second to be developed at […]

News Release: PMB and Jacobs Development Company Kick Off Construction on a Two-Story Medical Office Building in Riverside, Calif.

News Release: PMB and Jacobs Development Company Kick Off Construction on a Two-Story Medical Office Building in Riverside, Calif.

Riverside, Calif. (June 1, 2017) — Pacific Medical Buildings (PMB) and Jacobs Development Company have broken ground on a two-story, 27,000-square-foot medical office building in Riverside, Calif. Once completed at year-end, the building will be 100 percent occupied by RadNet, the leading national provider of freestanding, fixed-site diagnostic imaging services in the U.S. “RadNet is […]

News Release: Healthcare Trust of America Announces Pricing of $500 million of 3.750% Senior Unsecured 10-Year Notes and $400 million of 2.950% Senior Unsecured 5-Year Notes

News Release: Healthcare Trust of America Announces Pricing of $500 million of 3.750% Senior Unsecured 10-Year Notes and $400 million of 2.950% Senior Unsecured 5-Year Notes

SCOTTSDALE, Ariz., June 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”) (NYSE: HTA) announced today that its operating partnership, Healthcare Trust of America Holdings, LP (“HTALP” and together with HTA, the “Company”), priced a $500 million offering of HTALP’s 3.750% senior unsecured notes due 2027 (the “2027 Notes”) and a $400 million offering […]

News Release: Montecito Medical Acquires NewSouth NeuroSpine Building in Mississippi

News Release: Montecito Medical Acquires NewSouth NeuroSpine Building in Mississippi

NASHVILLE, TENN., June 1st, 2017 — Montecito Medical Real Estate, one of the largest, privately held firms in the country devoted exclusively to medical real estate, has acquired the 56,665 square-foot NewSouth NeuroSpine Building in Flowood, Mississippi, an affluent suburb of Jackson, the state’s capital. Constructed in 2007, NewSouth NeuroSpine is a Class A medical […]

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News Release: Cypress West Adds Bakersfield MOB to Healthcare Portfolio

Cypress West Partners Acquires Riverwalk Medical Plaza Rancho Santa Margarita, CA (May 31, 2017) – Cypress West Partners announced that it has acquired Riverwalk Medical Plaza, a 54,923-square-foot campus-adjacent medical office building located at 9450-9500 Stockdale Hwy. in Bakersfield.  The Southern California-based healthcare investment, leasing and property management firm acquired the property in a joint […]

(PRNewsfoto/Welltower Inc.)

News Release: Welltower Names Mary Ellen Pisanelli Senior Vice President – Legal & Administration

TOLEDO, Ohio, May 31, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced that Mary Ellen Pisanelli has joined Welltower as Senior Vice President – Legal & Administration. Ms. Pisanelli joins Welltower from Shumaker, Loop & Kendrick, LLP (“Shumaker”) where she served as Partner and was previously a Member of the Firm’s Management Committee. Ms. […]

News Release: Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center in Pasadena, Calif.

News Release: Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center in Pasadena, Calif.

SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California. CEO John Pollock, categorizes the new partnership as “a strategic move […]

News Release: Carlsbad Office/Medical Property Sells for $8.55 Million

News Release: Carlsbad Office/Medical Property Sells for $8.55 Million

Multi-Tenant Building Located in City’s Most Active Corridor Nearly 90% Leased SAN DIEGO, Calif. – May 31, 2017 – Cushman & Wakefield announced today the sale of 6120 Paseo Del Norte, a 30,318-square-foot (sf) multi-tenant office and medical building located in Carlsbad, Calif. Plaza Del Norte Inc. sold the property to Stephen Rogers for $8.55 […]

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News Release: The Neenan Company, Gerding Builders break ground on Samaritan Pacific Communities

Community Approval of $57 Million Bond Supports Updated Critical Access Hospital   FORT COLLINS, Colo. — The Neenan Company, a fully integrated design-build firm based in Colorado, and Gerding Builders have broken ground on the redevelopment of a 126,000-square-foot critical access hospital for Samaritan Pacific Communities Hospital (SPCH) in Newport, Ore. The Neenan Company serves […]

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News Release: Spectrum Health Opens Newest Integrated Care Campus

SPECTRUM HEALTH MEDICAL GROUP GRAND RAPIDS, Mich., May 26, 2017 – Spectrum Health will celebrate the opening of its newest integrated care campus next week. The newly-renovated facility is located at 426 Michigan Street NE in Grand Rapids. A ribbon-cutting event will be held at 3:30 p.m. on Tuesday, May 30. Several Spectrum Health representatives […]

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News Release: U of L Tops Out New Pediatric Medical Office Building

Published on May 26, 2017 The first new health care delivery facility to be constructed in the Louisville Medical Center in nearly a decade reached its full height today. The University of Louisville celebrated the topping off the Pediatrics Medical Office Building with the ceremonial placement of the final, signed beam. The 171,000 sq. ft. […]