Hot Property

The Midtown Medical Office Building in Fort Worth, Texas, is being marketed by The Stan Johnson Co. The nearly 60,000 square foot, four-story building is located at what is considered the gateway to Fort Worth’s South Medical District. Photo courtesy of The Stan Johnson Co.

Hot Property: 95% leased MOB in heart of Fort Worth

Midtown Medical Office Building is at ‘gateway’ to the city’s healthcare corridor Name: Midtown Medical Address: 900 Jerome St. City: Fort Worth, Texas Total leasable square feet: 57,905 Number of floors: 4 Occupancy: 95% Year built: 2013 Avg. lease term: 6.95 years In-Place NOI: $1.193 million Parking ratio: 4.3/1,000 square feet Brokerage: Stan Johnson Co. […]

Here’s one of the two buildings being offered at Pima Medical Pavilion in Scottsdale, Ariz. Representing the seller in the offering of the 180,486 square foot portfolio is the U.S. Healthcare Capital Markets Group of CBRE.
Photo courtesy of CBRE Group Inc.

Hot Property: A pair of MOBs offered in Scottsdale

Pima Medical Pavilion has two buildings located within a 1 million s.f. office park Name: Pima Medical Pavilion Address: 8415 and 8465 N. Pima Road City: Scottsdale, Ariz. Total leasable square feet: 180,486 Occupancy: 90.8% Year built: 2008 Avg. lease term: 7.34 years Seller: Healthcare Realty Trust Brokerage: CBRE Brokers: Christopher Bodnar, Lee Asher Not […]

The New Albany MOB in New Albany, Ind., a suburb of Louisville, Ky., is located just a couple of blocks from Floyd Memorial Hospital. The building is for sale and is being marketed by John Smelter and the Marcus & Millichap healthcare team.
Photo courtesy of Marcus & Millichap

Hot Property: Former Winn-Dixie is now an MOB

Local doctor acquired, then remodeled grocery store space in New Albany, Ind. Name: New Albany MOB Address: 2125 State St. City, State: New Albany, Ind. Total leasable space: 59,587 s.f. Occupancy: 95% Land size: 8.3 acres Built/remodeled: 1996/2005 Largest tenant: Floyd Memorial Hosp. Brokerage: Marcus & Millichap Seller: Akin Properties LLC Brokers: John Smelter, Nicholas […]

The newly rebuilt First Hill Medical Pavilion is being offered in a submarket, the First Hill area, with a Class A MOB vacancy rate of 0.39 percent.
Photo courtesy of CBRE

Hot Property: Big offering in the hottest of markets

Newly rebuilt MOB in Seattle’s First Hill submarket is 100 percent occupied Name: First Hill Medical Pavilion Address, City: 1124 Columbia St., Seattle Year completed: 2015 Total leasable space: 227,628 Occupancy: 100% Parking spaces: 415 Originally built: 1975 Rebuilt, expanded: 2015 Largest tenant: Swedish Medical Center Seller: Trammell Crow Company Brokerage: CBRE Group Inc. Brokers: […]

Blackhawk on Halsted, a 224,204 square foot mixed-use project in the Lincoln Park neighborhood of Chicago, is composed of 42 percent medical space. (Photo courtesy of HFF)

Hot Property: An ‘uber-core’ offering in Chicago

The mixed-use property with 42% medical space is in city’s hottest market Name: Blackhawk on Halsted Address: 1460 North Halsted St. City: Chicago Number of structures: 3 Year completed: 2009 Total leasable space: 224,204 s.f. Medical space: 93,287 square feet Parking spaces: 534 Land area: 2.04 acres Occupancy: 100% Avg. remaining lease: 12.8 years Seller: […]

Potential buyers can acquire the 57,704 square foot Park Place Medical building, an adjacent 4-acre parcel already entitled for another 60,000 square feet, or both.
Photo courtesy of HFF

Hot Property: California MOB is anchored by Kaiser

Also available is an adjacent parcel already entitled for another 60,000 s.f. facility Name: Park Place Medical Address: 1761 N. Broadway St. City: Vallejo, Calif. Building size: two stories, 57,704 s.f. Lots size: 3.2 acres, plus adjacent 4-acre parcel available separately Leased: 94% Anchor tenant: Kaiser Permanente Avg. remaining lease: 6.1 years Year completed: 1990 […]

The future Healthcare Partners Investments (HPI) Mediplex in northern Oklahoma City is part of a four-building, 245,658 square foot portfolio offering being marketed by the healthcare team with Brown Gibbons Lang | Real Estate Partners.
Rendering courtesy of HPI

Hot Property: OKC portfolio offers MOBs, hospitals

Also available, in a separate deal, is a portfolio of four MOBs with 97,238 s.f. Name: HPI Healthcare Portfolio Location: Oklahoma City, Okla. Number of buildings: Four Square footage: 245,658 Leased: 100% Tenant: Healthcare Partners Investments LLC (HPI) First-year NOI: $5.875 million Brokers: Christopher Stai , Clinton Parker Brokerage: Brown Gibbons Lang In Greater Oklahoma […]

The Patriot Professional Center, a 57,320 square foot MOB with a surgery center, is part of a two-building MOB portfolio currently on the market in Frederick, Md. (Photo courtesy of Avison Young.)

Hot Property: Maryland MOBs have hospital ties

Portfolio is on ‘Doctor’s Row’ and growing military research base in Frederick, Md. Name: Frederick Memorial MOB Portfolio Number of buildings: 2 Addresses: 194 & 45 T. Johnson Drive City: Frederick, Md. Square footage: 82,261 Leased: 100% Avg. remaining lease: 5.7 years Years completed: 2006 and 2012 Major tenant: Frederick Memorial Hospital Secondary tenant: Johns […]

One of the two medical office buildings being offered as part of a package in Stockbridge, Ga., is the facility at 1050 Eagles Landing Parkway.
Photo courtesy of CBRE

Hot Property: Pick up a pair of MOBs near Piedmont

Adjacent facilities next to major hospital in Stockbridge, Ga., are 92.8% leased Name: Pinnacle at Eagles Landing Address, City, State: 1040, 1050 Eagles Landing Parkway, Stockbridge, Ga. Number of buildings: 2 Total square footage: 85,190 Lot size: 7.22 acres Leased: 92.8% Years completed: 2002, 2004 Anchor tenant: Emory Healthcare Brokers: Lee Asher, Chris Bodnar Brokerage: […]

Hot Property: Stabilized, multi-tenant MOB offered

Fully leased Merrionette Park Medical Center is in the southwest Chicago suburbs Name: Merrionette Park Medical Center Number of buildings: 1 Floors: 1 Lot size: N/A Address: 11600 S. Kedzie Ave. City: Merrionette Park, Ill. Square footage: 57,305 Year built/renovated: 1995/2004 Leased: 100% Broker: John Smelter Brokerage: Marcus & Millichap Experts are calling this the […]

The one-story, 40,633 square foot Abilene Doctors Hospital and Surgical Center, completed in 2005 but currently vacant, is located on the growing west side of Abilene, a city about 120,000 people in West Central Texas.
(Photos courtesy of Colliers International)

Hot Property: Surgery center is in growing Abilene

Economy, demographics are strong in West Central Texas city and facility Name: Abilene Doctors Hospital and Surgical Center Number of buildings: 1 Floors: 1 Lot size: 10 acres Address: 5602 Health Center Blvd. City: Abilene, Texas Square footage: 40,633 Leased: 0% Year completed: 2005 Broker: Beth Young Brokerage: Colliers International, Houston

The Surgical Institute of Reading, in Wyomissing, Pa., is being offered for sale by the physician-owners of the facility and Nueterra. It opened for business in 2007.
(Photo courtesy of Brown Gibbons Lang Real Estate Partners)

Hot Property: Loads of interest in surgical hospital

Physician-owned, 33,217 square foot facility is in affluent area near Reading, Pa. Address: 2752 Century Blvd. City: Wyomissing, Pa. Size: 15 beds, 33,217 square feet Occupancy: 100% Tenant: Surgical Institute of Reading Seller: TEGRA Reading Med. Surg. LLC Brokers: Christopher L. Stai and Clinton J. Parker, Brown Gibbons Lang | Real Estate Partners (BGLRP) Lease […]

The Northwest Specialty Clinics at RiverBend building in Springfield, Ore., is attached via skybridge to PeaceHealth’s Sacred Heart Medical Center at RiverBend.
(Photo courtesy of Jones Lang LaSalle)

Hot Property: Oregon asset offers rare opportunity

MOB next to PeaceHealth hospital in Springfield has “all the bells and whistles” Name: Northwest Specialty Clinics at RiverBend Address: 3355 RiverBend Drive City: Springfield, Ore. Total square footage: 125,000 Occupancy: 100% Seller: LLC of physicians Brokers: Mindy Berman, Daniel Turley, Steven Leathers Brokerage firm: Jones Lang LaSalle SPRINGFIELD, Ore. – Sure, the largest and […]

The HCA Freestanding Emergency Department & Imaging Center in Richmond, Va., is being marketed by Stan Johnson Co. Rendering courtesy Stan Johnson Co.

Hot Property: New HCA-anchored FED being offered

Net-leased Richmond, Va., asset being marketed at less than replacement cost Name: HCA FED & Imaging Center Address: 9275 Chamberlayne Road City: Richmond, Va. Square feet: 22,000 Land size: 3.7 acres Occupancy: 100% Tenant: HCA Health Services of Virginia Lease term: 10 years starting in June Seller: Undisclosed developer Asking price: $8.8 million Total construction […]

One of the MOBs being offered as part of the Northwest Indiana Portfolio includes this multi-specialty Franciscan Medical Specialists facility at 919 Main St. in Dyer.
Photo courtesy Avison Young

Hot Property: Portfolio hits the market in Indiana

Offering has six buildings, 170,000 square feet and a AA-rated system tenant Name: Northwest Indiana MOB Portfolio Cities: Munster, Schererville, Dyer and Hammond, Ind. Number of buildings: 6 Total square feet: 170,000 Occupancy: More than 90 percent Seller: Undisclosed Major tenant: Franciscan Alliance Lead brokers: Erik Foster, Mike Wilson Broker: Avison Young, Chicago office