News Release: Griffin-American Healthcare REIT III Enters Agreement to Acquire Lee’s Summit Medical Office Building Near Kansas City, Missouri
Kansas City, Mo. (Aug. 13, 2014) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT has entered into an agreement to acquire Lee’s Summit Medical Office Building, an approximately 39,000-square-foot, multi-tenant medical office building in the affluent Kansas City suburb of Lee’s Summit, […]
News Release: Methodist Richardson Taps Lincoln Harris CSG for Leasing of Two MOBs
Firm to manage leasing for 132,811 SF at Medical Plaza I & II DALLAS – Lincoln Harris CSG, a full-service commercial real estate services company with a team that specializes in healthcare facilities, has recently been awarded leasing of two medical office buildings totaling 132,811 square feet in Richardson, Texas. Methodist Richardson Medical Center selected […]
News Release: Suffolk Completes $13-Million Diamond Neighborhoods Medical Office Building
SAN DIEGO, CA, August 9, 2014 – Suffolk Construction has completed the new $13-million Diamond Neighborhoods Family Health Center, a 23,000-square-foot medical office building developed and owned by Family Health Centers of San Diego. The facility provides affordable, medical, mental health, dental and supportive services to the local community, with a special commitment to uninsured, […]
For Sale: Multi-Tenant Medical Office Investment Opportunity in Growing Medical Corridor – Memphis, TN
Kirby Gate Office Building 2900 KIRBY PARKWAY MEMPHIS, TENNESSEE 38119 CBRE Memphis is the exclusive marketing advisor for Kirby Gate Office Building, a single-story multi-tenant medical office building containing approximately 26,321 square feet. Currently 77.5% leased, the Property is supported by a diverse medical tenant mix including pediatrics, dentistry, obstetrics, and podiatry. Located at the […]
News Release: Gateway Center Secures 40-Percent Lease Expansion for Health Choice Arizona Headquarters
Transwestern Represents Building Ownership in the Transaction (AUGUST 11, 2014 – PHOENIX) – Transwestern today announces it brokered a lease renewal and expansion at Gateway Center on behalf of the building owner, a joint venture between an Oaktree Capital Management LP affiliate and Pearlmark Real Estate Partners LLC. Health Choice Arizona leased an additional 21,669 […]
News Release: RJM Construction begins specialty expansion project at Fairview Northland Medical Center in Princeton
MINNEAPOLIS (Aug. 6, 2014) — RJM Construction, a Minneapolis-based general contractor, started a specialty expansion project at Fairview Northland Medical Center in Princeton last week. The project includes a 25,500-sq.-ft., two-story specialty building and a two-story hallway that will connect it to the existing hospital. The medical building will be complete by the end of […]
News Release: Seavest’s John Winer receives BOMA Outstanding Contribution Award
Award recognizes his leadership and pioneering efforts in investment and development of the highly successful healthcare real estate sector WHITE PLAINS, N.Y., Aug. 6, 2014 – Jonathan L. “John” Winer, senior managing director and chief investment officer of Seavest Healthcare Properties LLC, was recently honored as a “pioneer” in the healthcare real estate industry with […]
News Release: NorthStar Realty Finance to Acquire Griffin-American Healthcare REIT II in $4 Billion Transaction
IRVINE, Calif. & NEW YORK (Aug. 5, 2014) – Griffin-American Healthcare REIT II, Inc. (“Griffin-American”) and NorthStar Realty Finance Corp. (NYSE: NRF) (“NorthStar Realty”) today announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which NorthStar Realty will acquire all of the outstanding shares of Griffin-American in […]
For Sale: Denver Class A Medical Office – Value-Add Leasing Opportunity
Class A Outpatient Center with Value-Add Potential Offering Information Offering Price: Best Offer Building Size: 36,541 SF Year Built: 1987 Year Renovated: 2005 Occupancy: 66% In-Place NOI: $488,442 The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the Renewal Medical Center (the “Property”) for purchase. The Property totals 36,541 square feet of […]
For Sale: Value-add Owner-User Medical Office Opportunity Mesa, AZ
Sandstone East 2626 East University Drive Mesa, Arizona 85213 Sandstone East is a ±11,308 square foot medical office building located just west of the intersection of Lindsay Road and University Drive in the densely populated city of Mesa, Arizona. The Property, formerly occupied by a physical therapy company and medical general practitioner, is conducive for […]
News Release: UC Merced Receives Six Statements of Qualifications for 2020 Project The campus will now develop a short-list of teams to which the request for proposals will be released later this year.
MERCED, Calif. — In a strong indication of broad interest in partnering with the University of California, Merced, to further grow the UC system’s newest campus, six respondent teams submitted statements of qualifications (SOQ) to participate in the 2020 Project. The 2020 Project includes the comprehensive development of academic, administrative, research, recreational, student services and […]
News Release: Ygnacio Woods Office Complex Secures Lease Renewal with Key Tenant for a Third of the Building
Transwestern Represents Building Owner in Transaction with Diablo Clinical Research (August 1, 2014 – Walnut Creek, CA) – Transwestern today announces it negotiated a lease renewal of 13,106 square feet for seven years at 2255 Ygnacio Valley Road in Walnut Creek, California. Diablo Clinical Research, which occupies more than one third of the building, intends […]
News Release: Transwestern names Eric Johnson as executive managing director of national healthcare platform
Firm Elevates National Practice Amid Change, Consolidation in Healthcare Industry (JULY 31, 2014 – Houston) – Transwestern’s headquarters today announces Eric Johnson has been promoted to the newly created position of executive managing director of the firm’s national healthcare platform. Based in the firm’s Houston office, Johnson will execute innovative strategies and develop best practices […]
News Release: Debt Raise for the acquisition of a two building, 51,681 SF MOB Portfolio Located in Tampa, Florida
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive advisor to AW Property Co. (“AW”) related to securing financing for the acquisition of a 51,681 square foot medical office building portfolio (“Portfolio”) located in Tampa, Florida. The two on-campus, single-tenant medical office buildings are subject to long-term lease agreements with dominant, […]
News Release: JLL Taps Veteran Expert to Lead Financing Efforts in Pacific Northwest
John Lo joins Seattle office to lead debt and equity practice SEATTLE, July 30, 2014 – Strong demand for debt and equity expertise in the Pacific Northwest has led JLL’s Capital Markets to hire industry veteran John Lo to lead the firm’s real estate investment banking practice for Washington and Oregon. Lo will work with […]