For Sale: Pin Oak Park – Five-Building Value Add Medical Campus Anchored by Multiple Health Systems in Bellaire, TX
CBRE PIN OAK PARK Five-Building Value Add Medical Campus Anchored by Multiple Health Systems Memorial Hermann | Houston Methodist | Texas Children’s Hospital LAND AREA: 11.885 ACRES TOTAL SF: 505,106 OCCUPANCY: 78% WALT: 4.0 YEARS IN-PLACE NOI: $6,772,853 63% MEDICAL TENANCY (37% office) 26 MEDICAL SPECIALTIES 63 MEDICAL TENANTS CBRE U.S. Healthcare & Life Sciences […]
Hot Property: 806,885 square foot, 95% occupied portfolio hits the market
Cornerstone offering could fetch upwards of $250M; Newmark is the broker Although medical office buildings (MOBs) have become well accepted as a desired asset class for an ever-widening pool of investors, large portfolio offerings tend to be a rather rare commodity. In fact, through the first three quarters of 2020, single-asset transactions accounted for about […]
For Sale: Trophy-Quality, 100% Leased Medical Office Building Adjacent to Premier Lifestyle Center
The NeuroMedical Center Baton Rouge, LA 100% LEASED, CLASS A MEDICAL OFFICE BUILDING LOCATED ADJACENT TO PREMIER MIXED-USE DEVELOPMENT The Offering CBRE’s Healthcare Capital Markets is pleased to exclusively offer The NeuroMedical Center (the “Property”) for purchase. The NeuroMedical Center is a six-story, 116,748-rentable square foot, Class A medical office building located across the street […]
News Release: For Sale: 3838 California, San Francisco – Anchored by Sutter Health
OFFERING SUMMARY HFF is pleased to present to qualified investors the opportunity to acquire the 100% fee simple interest in 3838 California (the “Property”), an 82,805(1) square foot institutional-quality medical office building located in the prestigious Presidio Heights neighborhood within the City of San Francisco. The Property represents a fortress risk profile, and the first […]
Hot Property: 14 MOBs with strong affiliations
Landmark Healthcare Facilities offers 95% occupied, 1.5 million s.f. portfolio Name: Landmark MOB Portfolio Seller: Landmark Healthcare Facilities Number of buildings: 14 Square feet: 1.5 million States: 8 Occupancy: 95 percent Avg. remaining lease: 9 years Brokerage: Healthcare Real Estate Capital (HRE Cap) Lead broker: Jeffrey Cooper So far this year, a number of larger, […]
Hot Property: Nice scale to four-MOB HSA portfolio
Portfolio totals 143,228 square feet in the Chicago and Minneapolis areas Name: HSA PrimeCare Portfolio Number of buildings: 4 Square feet: 143,228 Metro areas: Chicago, Minneapolis Occupancy: 93.6 percent Avg. remaining lease: 7.7 years Avg. year built: 2007 Brokerage: JLL Lead broker: Brian Bacharach As we’ve noted numerous times on the pages of Healthcare Real […]
Hot Property: MOB in a thriving, mixed-use area
Prairie Glen Medical Office Center in Glenview, Ill., is home to large tenants Name: Prairie Glen Medical Office Center Number of buildings: 2 Square feet: 44,200 Address: 2551 and 2591 Compass Road City: Glenview, Ill. Offered cap rate: 6.5 percent Avg. remaining lease: 8.9 years Brokerage: Bull Realty Broker: Paul Zeman The Village of Glenview, […]
Hot Property: Another large, quality MOB portfolio
Sources say that CNL Healthcare Properties is considering a sale of its 54 MOBs Name: CNL MOB Portfolio Number of buildings: 54 Square feet: 3.26 million Locations: 17 states Seller: CNL Healthcare Properties Investment in the MOBs: $931.4 million Last year, we at Healthcare Real Estate Insights™ – and others – declared 2017 to be […]
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 Real Estate Occupancy: 96.9% Investment grade: 40% Lease structures: triple net Brokerage: CBRE Brokers: Christopher R. Bodnar, Lee Asher, Sabrina Solomiany, Ryan Lindsle Coming off what could […]
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 strong tenant-anchored MOB
The Hillcroft Medical Clinic in Sugar Land, Texas, continues to increase its revenues Name: Hillcroft Medical Clinic Address: 1429 Highway 6 City: Sugar Land, Texas Square feet: 40,531 Stories: three Anchor tenant: Hillcroft Medical Brokerage: BGL Real Estate Partners Brokers: Christopher L. Stai, Clinton J. Parker, Andrew R. Larwood, Allen C. Inman Not all medical […]
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
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
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.
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.