Hot Property


Hot Property: An offering for the times

The MMRE Portfolio should whet the appetites of today’s hungriest, largest investors Name: MMRE Portfolio Number of buildings: 17 Square feet: 813,467 Location: 9 states Seller: Montecito Medical R.E. Occupancy: 96.9% Investment grade: 40% Lease structures: Triple net Brokerage: CBRE Brokers: Christopher R. Bodnar, Lee Asher, Sabrina Solomiany, Ryan Lindsley Coming off what could be […]

Hot Property: A rare Bay Area MOB offering

Hot Property: A rare Bay Area MOB offering

Physicians Medical Center in Daly City is in an ‘extremely tight’ med office market Name: Physicians Medical Center Address: 901 Campus Drive City: Daly City, Calif. Square feet: 75,559 Stories: three In-place NOI: $1.54 million Year built: 1989 Occupancy: 92 percent Site size: 2.48 acres Brokerage: HFF Brokers: Evan Kovac, Andrew Milne and David Dokko […]

Hot Property: Medical land in hot Houston suburb

Hot Property: Medical land in hot Houston suburb

Colliers has two MOB sites left to sell in Sugar Land’s Telfair development Name: East Business District Development Tracts Address: U.S. Highway 59 at University City, State: Sugar Land, Texas Number of lots: 2 Acreage: 2.518 and 3.029 acres Seller: NNP-Telfair LLC Price: Not disclosed Brokerage: Colliers International Brokers: Charles Herder, Kolbe Curtice Founded as […]

Hot Property: Single asset with strong tenants

Hot Property: Single asset with strong tenants

Charlotte, N.C., MOB is 95 percent leased in area of strong demographics Charlotte, N.C.-based Carolina Neurosurgery & Spine is one of the oldest and largest neurosurgical practices in the country, as it has 48 doctors working out of 11 locations throughout North and South Carolina.

One of the MOBs that’s part of 17-building portfolio being offered by a Michigan
state pension fund is the Princeton Medical Arts Pavilion in Plainsboro, N.J.
Photo courtesy of JLL

Hot Property: 17 buildings, 1.4 million square feet

PHT portfolio spans nine states, offers scale and ‘institutional’ quality buildings With 17 buildings and 1.4 million square feet of space, the PHT Medical Office Portfolio recently put on the market offers a wouldbe investor a chance to add plenty of scale in one acquisition – something most large investors prefer.

Hot Property: Seven-asset MOB portfolio offered

Hot Property: Seven-asset MOB portfolio offered

CBRE is marketing assets totaling nearly 400,000 square feet across three states Murray W. Wolf Name: Tri-State MOB Portfolio No. of buildings: 7 States: Texas, Florida and Colorado Total Size: 395,115 square feet Percent leased: 71.7 Pro forma NOI: about $5.49 million In place NOI: about $5.26 million Brokerage: CBRE

HOT PROPERTY: MOBs offered in suburban Philly

HOT PROPERTY: MOBs offered in suburban Philly

Four-building, 74,212 square foot complex is near hospitals in East Norriton, Pa. – John B. Mugford Name: Norriton Medical Center No. of buildings: 4 Address: 160-190 W. Germantown Pike City: East Norriton, Pa. Square feet: 74,212 Land area: 7.31 acres Year completed: 1991 Occupancy: 91.5 percent Parking: 310 spaces Seller: Franklin Realty Development Brokerage: HFF […]

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 […]

The 54-unit, 64,224 square foot NeuLife Rehabilitation facility in Mount Dora, Fla., includes 20 acres of land that could be subdivided and developed.
Photo courtesy of BGLRP Healthcare Group

Hot Property: Rehab facility offers room for growth

Florida asset is leased by a growing provider and has land for future expansion Name: NeuLife Rehabilitation Address: 2725 Robie Ave. City, State: Mount Dora, Fla. Seller: NeuLife Neurological Services LLC Year opened: 2013 Size: 54 suites, 64,224 square feet Lot size: 43 acres Brokerage: Brown Gibbons Lang & Co. Brokers: Christopher Stai, Clinton Parker […]

Included in the 18-property healthcare portfolio offering is the Grand Parkway MOB in Richmond, Texas, near Houston. Photo courtesy of CBRE

Hot Property: Harrison Street to sell 18 assets

CBRE is marketing ‘mission critical’ portfolio that spans 10 states and 677,150 square feet Name: HSRE Portfolio Total properties: 18 Locations: 10 states Seller: Harrison Street Real Estate Total square feet: 677,150 Avg. lease term: 8.6 years In-place NOI: $15.14 million Brokerage: CBRE Brokers: Chris Bodnar, Lee Asher While Chicago-based Harrison Street Real Estate Capital […]

The Oregon Clinic Gateway MOB in Portland is occupied by the state’s largest physician group and a major health system. The MOB, which is part of a transit-oriented development area, is being offered for sale.
Photo courtesy of CBRE

Hot Property: Oregon MOB is home to large group

Credit-rated health system also occupies facility in Portland’s Gateway area Name: Oregon Clinic Gateway MOB Address: 1111 N.E. 99th Ave. City, State: Portland, Ore. Year built: 2006 Stories: three Square feet: 101,142 Occupancy: 100 percent Avg. remaining lease: 9.7 years Brokerage: CBRE Brokers: Chris Bodnar, Lee Asher With more than 230 doctors practicing in 60 […]

The brand-new, 115,920 square foot Mercy Medical Arts Building is on the campus HCA’s Mercy Hospital Miami in the Coconut Grove area of the city. Photo courtesy of Onicx

Hot Property: Miami MOB is in high barrier market

Mercy Medical Arts Building, completed in late 2016, is a value-add offering Name: Mercy Medical Arts Building Address: 3683 S. Miami Ave. Location: Miami Year built: 2016 Square feet: 115,920 Occupancy: Vacant Stories: 5 Seller: Undisclosed Brokerage: JLL Brokers: Steve Leathers, Mindy Berman, Daniel Turley and Brian Bacharach The campus of the 488-bed Mercy Hospital […]

The 82,024 square foot Fletcher Parkway Medical Center, which is adjacent to Sharp Grossmont Hospital outside of San Diego, was recently put on the market. Photo courtesy of HFF

Hot Property: San Diego MOB hits the market

Located next Sharp Grossmont, facility provides stability and value-add upside Name: Fletcher Parkway Medical Center Location: La Mesa, Calif. Year built: 1985 Square feet: 82,024 Occupancy: 83 percent Land size: 5.97 acres Parking spaces: 457 Seller: The Abbey Co. Brokerage: HFF Brokers: Evan Kovac, Trent Jemmett and Andrew Milne The area near Sharp Grossmont Hospital […]

Hot Property: Los Angeles-area MOB is 90% filled

Hot Property: Los Angeles-area MOB is 90% filled

It’s home of Lynwood, Calif., is seeing growth in patient base, brokers say Name: 3680 E. Imperial Highway Location: Lynwood, Calif. Square feet: 64,780 Occupancy: 90% Average lease term: 4 years Year 1 NOI: $1.08 million Seller: Undisclosed Brokerage: CBRE Investment Properties, Southern California Brokers: Gary Stache, Anthony DeLorenzo, Doug Mack and Nicholas Svendsen One […]

Coit Medical center, Dallas. (Photo courtesy of HFF)

News Release: HFF closes sale of best-in-class medical office facility near Dallas’ Medical City Dallas Hospital

SAN DIEGO, CA – December 8, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Coit Medical Center, a 32,201-square-foot medical office building in Dallas, Texas. HFF marketed the property on behalf of the seller, Mohr Capital, LLC, and procured the buyer, Anchor Health Properties. Completed in 2009, […]