Hot Property: Fully occupied, with Baylor name
Tenants at Coit Medical Center in Dallas have invested heavily in their spaces Name: Coit Medical Center Address: 12230 Coit Road City: Dallas Total leasable square feet: 32,201 Number of floors: 2 Number of tenants: 5 Occupancy: 100% Year built: 2009 Average lease term: 7.3 years Lot size: 1.36 acres Brokerage: HFF Brokers: Evan Kovac, […]
Hot Property: MOB houses this market’s leader
Facility is fully occupied by Maryland county’s only hospital, Frederick Memorial Name: FMH Crestwood Address: 7211 Bank Court City: Frederick, Md. Total leasable square feet: 62,297 Number of floors: 2 Number of tenants: 1 Occupancy: 100% Year built: 2010 Lease terms: 10, 14 years Lot size: 5.16 acres Parking ratio: 5/1,000 square feet Seller: Original […]
Hot Property: Portfolio for sale in TMC ‘profit zone’
Planned Baylor St. Luke’s Medical Center relocation creates new opportunities Name: Texas Medical Center portfolio City: Houston Number of buildings: 2 Total leasable square feet: 673,395 Occupancy (total): 89.9% Numbers of floors: 27 and 15 Years built: 1991 and 2003 Lot size: 6 acres In-place NOI: about $6.6 million Broker: CBRE Brokers: Chris Bodnar, Lee […]
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. […]
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 […]
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 […]
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: […]
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: […]
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 […]
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 […]
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 […]
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 […]
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
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 […]