Transactions

News Release: HFF announces $8.6M sale of medical office building near Duke Regional Hospital in Durham, North Carolina

News Release: HFF announces $8.6M sale of medical office building near Duke Regional Hospital in Durham, North Carolina

CHARLOTTE, NC – Jan. 30, 2019 – HFF announces the $8.6 million sale of Duke Medical Complex, a two-story medical office building totaling 79,202 square feet in Durham, North Carolina. The HFF team represented the seller, and procured the buyer, 5401 Holding Co LLC. Duke Medical Complex is located at 4321 Medical Park Drive within […]

West Suburban Medical Center

News Release: Pipeline Health completes its first acquisition in Chicago with addition of West Suburban, Louis A. Weiss Memorial and Westlake Hospitals

Dr. Eric Whitaker Joins Pipeline Health Leadership Team to Help Improve Access to Quality, Community‐Based Medical Care in the Chicago Area CHICAGO (Jan. 29, 2019) –Pipeline Health, a successful community‐based hospital ownership and management company headquartered in Los Angeles, announced today that it has completed the acquisition of West Suburban Medical Center, Louis A. Weiss […]

West Suburban Medical Center

News Release: HRE Capital is pleased to announced a $65 million capitalization and joint venture structuring for Pipeline Health

Pipeline Health Acute-Care Hospital Portfolio Acquisition Capitalization Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as financial advisor to  Pipeline Health (“Pipeline” or “Operator”) related to the acquisition of Tenet Healthcare’s (“Tenet”) regional healthcare platform located throughout Greater Chicago, Illinois (“System”).  The System is comprised of two acute-care hospitals totaling 470 beds, four medical […]

News Release: Just closed: Great Bend Regional Hospital | Great Bend, Kansas

News Release: Just closed: Great Bend Regional Hospital | Great Bend, Kansas

The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 33-bed Great Bend Regional Hospital located in Great Bend, Kansas.  The acute care hospital is operated by The University of Kansas Health System subject to a long-term absolute net lease.  The investment grade rated University of Kansas is the region’s only academic health […]

News Release: Tenet Completes Sale of Three Chicago-Area Hospitals to Pipeline Health

News Release: Tenet Completes Sale of Three Chicago-Area Hospitals to Pipeline Health

Tuesday, January 29, 2019 7:30 am CST DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of its three Chicago-area acute care hospitals to Pipeline Health LLC. The three hospitals included in the sale are Louis A. Weiss Memorial Hospital, Westlake Hospital and West Suburban Medical Center. About Tenet Healthcare […]

News Release: Cypress West Leases to Loma Linda MEND Program

News Release: Cypress West Leases to Loma Linda MEND Program

Cypress West Partners Repositions Park Plaza in Redlands to Attract Loma Linda University Health Behavioral Medical Center Rancho Santa Margarita, CA (January 28, 2019) –Cypress West Partners, a premier owner and operator of quality medical properties throughout the Western US, has announced a 12-year 15,000-square-foot lease at Park Plaza with Loma Linda University Health Behavior […]

News Release:

FOR IMMEDIATE RELEASE Capital One Closes More Than $1 Billion Unitranche Commitments in 2018 Bethesda, Md. (January 28, 2019) – Capital One announced today that its unitranche loan program, ULTra, closed approximately $1.1 billion in commitments to borrowers in the healthcare and services industries in 2018.  The program, with HPS Investment Partners as its strategic […]

News: Marcus & Millichap arranges the sale of  a 61,174-square foot office building

News: Marcus & Millichap arranges the sale of a 61,174-square foot office building

ROCKFORD, Ill., Jan. 24, 2019 – Marcus & Millichap (NYSE: MMI) Healthcare Real Estate Group, a leading commercial real estate investment services firm with offices throughout the United States and Canada, is pleased to announce the sale of Cornerstone Medical Building, a two-story, 61,174-square-foot medical office property in Rockford, Ill. Ben Tashakorian and David Benjamin, […]

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News Release: Class A national medical office portfolio sells for $400M

HREI Editor’s Note: This news release confirms a story HREI first reported on 12/26/18. To read the original article, please click here. Class A national medical office portfolio sells for $400M JLL Healthcare Capital Markets completes sale of 23 Class A assets in 12 major metros NEWS PROVIDED BY JLL  Jan 24, 2019, 11:00 ET BOSTON, Jan. 24, […]

News Release: Anchor Health Properties Establishes Seattle Market Presence Through the Acquisition of 135,000 Square Feet of Medical Office Buildings

News Release: Anchor Health Properties Establishes Seattle Market Presence Through the Acquisition of 135,000 Square Feet of Medical Office Buildings

FOR IMMEDIATE RELEASE January 21, 2019 (Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has entered the Seattle, WA market for the first time through the acquisition of three highly strategic medical office assets in a joint venture with an affiliate […]

News Release: MBH arranges sale of Howell Avenue Professional Building in Oak Creek, Wisconsin

News Release: MBH arranges sale of Howell Avenue Professional Building in Oak Creek, Wisconsin

FOR IMMEDIATE RELEASE: Milwaukee, WI (January 17, 2019) – MBH Investment Real Estate, LLC, (“MBH”) is pleased to announce the sale of the Howell Avenue Professional Building, a 21,024-SF medical/professional office building at 8375 South Howell Avenue in Oak Creek. MBH listed the property exclusively on behalf of the seller, RW Howell LLC. The property […]

News Release: Just Closed: McHenry Medical Building, 1541 Florida Ave., Modesto, CA

News Release: Just Closed: McHenry Medical Building, 1541 Florida Ave., Modesto, CA

Sale Date: 12/28/18 Property Size: 54,810 SF % Leased: 100% Leased CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the McHenry Medical Building (the “Property”), located in Modesto, California. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany acted as the seller’s exclusive advisors. The Property totals ±54,810 rentable […]

News Release: Just Closed: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company sell Hill Medical Center, Syracuse, New York

News Release: Just Closed: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company sell Hill Medical Center, Syracuse, New York

January 10, 2019 (Syracuse, New York) – Lisa Menin of Jacobson Properties, New York, New York and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company, Binghamton, New York are pleased to announce the sale of Hill Medical Center, an 81,859 square foot medical office building located on the downtown campus of SUNY Upstate University Hospital […]

News Release: Bear Real Estate Advisors Represents Global Medical REIT in $17 Million Medical Office Building Acquisition in Greater Los Angeles

News Release: Bear Real Estate Advisors Represents Global Medical REIT in $17 Million Medical Office Building Acquisition in Greater Los Angeles

Los Angeles – (Jan. 17, 2019) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Global Medical REIT (NYSE: GMRE) in its acquisition of an approximately 42,000-square-foot, Class A medical office building located in the Los Angeles suburb of Corona, Calif. Global Medical REIT acquired the property for approximately […]

News Release: Ridgeline Capital Partners Acquires Value-Add Medical Office Building in Pearland, TX

News Release: Ridgeline Capital Partners Acquires Value-Add Medical Office Building in Pearland, TX

Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the three-building, 41,763 square foot Pearland Central Medical Plaza in Pearland, TX. The “Class A” property is 83% occupied by 11 medical tenants on triple-net leases.  The tenants offer a wide range of clinical specialties at […]