Transactions: Health Care REIT Inc. buys MOB outside of Baltimore for $20.6 million, or $367 PSF
COLUMBIA, Md. – Toledo, Ohio-based Health Care REIT Inc. (NYSE: HCN) recently aquired the Charter Professional Builing in Columbia. The real investment trust (REIT) paid $20.6 million for the three-story, 56,103 square foot building, about $367 PSF Marketing the building for the seller, a partnership of physicians known as Aequus I LLC, was Colliers International-Baltimore. Columbia […]
Transactions: Seavest, KIRCO Team for Another Buy
Partners acquire second large multi-specialty outpatient center in Detroit area By John B. Mugford The potential success, or lack thereof, of an off-campus medical office building (MOB) often hinges on a number of factors, with location perhaps being highest on the list. As far as officers with White Plains, N.Y.-based Seavest Healthcare Properties LLC are […]
Transactions: HTA Lands MOB on Doc-Owned Campus
REIT caps quarter with $26.75 million acquisition of Forest Park Pavilion in Dallas By John B. Mugford Forest Park Medical Center in Dallas has to be considered one of the biggest success stories when it comes to beating the odds in the world of new hospital development. That’s because the relatively new hospital, which opened […]
Thought Leaders: MOB Trades Set Record in Annual Transaction Volume
HAMMOND HANLON CAMP LLC Medical Office Building Quarterly Update 2012 was a record-setting year for MOB transaction volume, with nearly $5.57 billion in recorded transaction volume disclosed for the year, the highest of any year since Real Capital Analytics began tracking the data in 2002. The 2012 annual volume total was higher than the total […]
