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News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego

News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego

JLL represents landlord in lease to AnaBios which brings the property to 50 percent leased SAN DIEGO, CALIF., March 28, 2024 – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego. This cutting-edge, […]

News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks

News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks

Experienced owner unveils plans to convert existing Sorrento Mesa creative office building into spec lab to cater to region’s life sciences tenant demand Cushman & Wakefield leading leasing efforts for transformative project SAN DIEGO, Calif. – March 25, 2024 –  King Street Properties (“King Street”) has unveiled plans for a new premier 60,000-square-foot speculative lab and life […]

Remedy Medical Properties, Kayne Anderson Real Estate and Centra recently broke ground on the Centra Langhorne Medical Center, a new 130,000-square-foot medical office building expected to open in late 2025.

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg (Va.) Medical Office Building for Centra

The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra

The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]

Feature Story: Rising rates, costs catch up with the MOB development market

Feature Story: Rising rates, costs catch up with the MOB development market

Revista report shows project starts fell 38.8%; also lists the largest developers of 2023  By John B. Mugford Although 2022 was generally considered to be a tough year for healthcare real estate (HRE) developers – the result of rising construction costs and inflation – the amount of medical outpatient building (MOB) space started or completed […]

News Release: Atkins Companies Collaborates with Renowned Surgeons to Bring Luxury Plastic Surgery Center to New York City

News Release: Atkins Companies Collaborates with Renowned Surgeons to Bring Luxury Plastic Surgery Center to New York City

New York City, N.Y. (March 26, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, and renowned plastic surgeons, Dr. Oren Tepper, Dr. Evan Garfein and Dr. Arthur Perry announce the opening of Greenwich Street 497, a luxury aesthetics and plastic surgery center, located at 497 Greenwich Street […]

News Release: Sila Realty Trust, Inc. Announces the Appointment of Executive Vice President and Chief Investment Officer to Join Senior Leadership Team

TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce the appointment of Christopher K. Flouhouse as Executive Vice President and Chief Investment Officer of the […]

News Release: Montecito continues fast pace in medical office deals in Q1

News Release: Montecito continues fast pace in medical office deals in Q1

Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic  / Peoria, IL Alpine Orthopaedics / North Logan, Logan, & Brigham City, […]

News Release: BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property

Norges Bank Investment Management Closes on 290 Binney Street Joint Venture BOSTON–(BUSINESS WIRE)–BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall […]

News Release: Health First and Gilbane Building Company Have Officially Broken Ground on the New Cape Canaveral Hospital and Medical Office Building in Merritt Island

News Release: Health First and Gilbane Building Company Have Officially Broken Ground on the New Cape Canaveral Hospital and Medical Office Building in Merritt Island

NEWS PROVIDED BY Gilbane Building Company Mar 24, 2024, 17:00 ET Located in Brevard County, the state-of-the-art 120-bed hospital will provide innovative modern acute care treatment MERRITT ISLAND, Fla., March 24, 2024 /PRNewswire-PRWeb/ — Gilbane was thrilled to join the groundbreaking celebration during ‘3-2-1 Day’ in Brevard County, a special tribute to the region’s 3-2-1 area […]

News Release: Geisinger Wyoming Valley Medical Center cuts ribbon on medical office building (Wilkes-Barre, Pa.)

News Release: Geisinger Wyoming Valley Medical Center cuts ribbon on medical office building (Wilkes-Barre, Pa.)

Published Mar. 22, 2024 WILKES-BARRE, Pa. – Geisinger officials held a ribbon-cutting ceremony on Thursday, March 21, to commemorate the completion of the Medical Office Building at Geisinger Wyoming Valley Medical Center. The five-floor outpatient specialty facility, scheduled to open for patient care on March 25, encompasses more than 165,000 square feet and will house […]

News Release: Simone Development Companies, Fareri Associates Celebrate Ribbon Cutting for Release Recovery’s First NYS Outpatient Facility at Purchase Professional Park

News Release: Simone Development Companies, Fareri Associates Celebrate Ribbon Cutting for Release Recovery’s First NYS Outpatient Facility at Purchase Professional Park

PURCHASE, NY – MARCH 22, 2024 – Simone Development Companies and Fareri Associates joined with Release Recovery yesterday at Purchase Professional Park to celebrate the ribbon cutting of the mental health company’s new 7,698 SF outpatient facility at 3020 Westchester Avenue. This is Release Recovery’s first outpatient treatment facility in New York State. From left […]

News Release: Sila Realty Trust, Inc. Completes Acquisition of $85.5 Million Healthcare Portfolio in Arizona and Texas

TAMPA, Fla.–(BUSINESS WIRE)-– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of five Class A healthcare facilities located in Arizona and Texas (the “Portfolio”), for a contract purchase price of $85.5 million. The […]

News Release: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance

News Release: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance

IRVINE, Calif. (March 21, 2024) – American Healthcare REIT, Inc. (NYSE: AHR) announced today its fourth quarter and full year 2023 results. Further, the company reported various subsequent-to-quarter-end items. Key Highlights: Reported GAAP net loss attributable to stockholders of $0.42 and $1.08 per basic and diluted share for the three and 12 months ended Dec. […]

News Release: Flagship Healthcare Properties Elects New Partners

Senior executives Rex Noble, Kyle Sweeney and Blake Bratcher join ownership ranks CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has appointed three of its executives as owners and partners: Rex Noble, Executive Vice President of Asset Management; Kyle Sweeney, Chief Investment Officer; and Blake Bratcher, Executive Vice President of […]