News Release: HOK Selected as Lead Architect for New Papworth Hospital
LONDON – HOK, a global architecture, planning and engineering firm, has been named lead architect for the new Papworth Hospital, a state-of-the-art cardiothoracic facility on the Cambridge Biomedical Campus. HOK’s holistic design concept embraces the Papworth Hospital NHS Foundation Trust’s ambition to thrive as a center of excellence in cardiothoracic services for the East of […]
News Release: Lincoln Harris CSG Brokers Medical Retail Lease in Preston Center
Medical City Dallas secures 10,554 square feet for emergency care center DALLAS– Lincoln Harris CSG, a full-service commercial real estate services company, has negotiated a 10,554-square-foot lease for Medical City Dallas at the Currin Building in Preston Center, owned by Lobello Properties. The facility marks another location among Hospital Corporation of America’s (HCA) off-campus emergency […]
Griffin-American Healthcare REIT III Acquires DeKalb Professional Center Near Atlanta
ATLANTA (June 12, 2014) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT has acquired DeKalb Professional Center, an approximately 19,000-square-foot medical office building in the Atlanta suburb of Lithonia. Located at 5461 Hillandale Drive, DeKalb Professional Center is in the midst of […]
News Release: Healthcare construction thriving in Northeast
In inaugural market report, real estate data firm Revista says 66 health care construction projects totaling $7.9 billion and 8.9 million square feet are underway or in late planning in the region; other regional and national reports soon to come. Revista also sets date for opening of registration for its first national event, scheduled for […]
News Release: $21,710,000 Disposition of a 56-Bed, 41,113 Square Foot Long-Term Acute-Care Hospital Located in Omaha, Nebraska
Transaction Overview Healthcare Real Estate Capital, as exclusive financial advisor to the Granger Group, is pleased to announce the disposition of a 56-bed, 41,113 square foot long-term acute-care hospital in Omaha, Nebraska. The Asset is directly connected to a hospital that is part of the nation’s largest non-profit health system and is long-term master-leased to […]
For Sale: 100% Leased Multi-Tenant Medical Office Investment Opportunity
Greater Erie Medical Center – 2374 Village Common Drive Millcreek Township, PA 16506 Investment Summary Offering Price: $8,600,000 NOI: $636,262 Cap Rate: 7.4% Year 1 Cash on Cash Return: 10.22% Occupancy: 100% CBRE, as exclusive agent for the owner, is pleased to offer the opportunity to acquire the Greater Erie Medical Center located in Millcreek […]
For Sale: Call for Offers – June 26 – $8M Value-Add Medical Office Building
Mission Health Center – 22032 El Paseo, Rancho Santa Margarita, CA Leasing Upside Strong Tenant Commitment Ease of Management Strategic Location Amenity Rich Area Strong Historical Occupancy Easy Access & High Visibility Separately Metered First Floor Suites NNN Leased The Southern California Capital Markets Group of Avison Young, as exclusive advisor, is pleased to present the […]
News Release: Cleveland Clinic and Akron General Sign Letter of Intent
Agreement Would Make Cleveland Clinic a Minority Owner of Akron General Monday, June 9, 2014, Akron, Ohio: Cleveland Clinic and Akron General Health System have signed a Letter of Intent (LOI) to enter into an arrangement in which Cleveland Clinic will invest in and become a minority owner of Akron General Health System, making Akron […]
News Release: HFF arranges construction financing for development of Victory Medical Center in Fort Worth, Texas
DALLAS, TX – HFF announced today that it has arranged construction financing for the development of Victory Medical Center, a 104,971-square-foot, surgical hospital in Fort Worth, Texas. HFF worked on behalf of the borrower, a joint venture between Harrison Street Real Estate Capital, LLC, Pisula Development Company, Victory Healthcare and a physician-ownership group, to secure […]
News Release: Meridian Property Co. Breaks Ground on New 10,500 SF Outpatient Center in Marin County
SAN RAMON, CALIF. – Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to announce that it will be holding a groundbreaking ceremony on June 4th for the construction of a new outpatient center in downtown San Rafael, Calif. Located in Marin County at 1415 Third Street […]
News Release: Alternivest Healthcare Purchases 30 Acres in New Braunfels for Mixed-Use Medical Development
SAN ANTONIO (June 4, 2014) – CBRE represents San Antonio-based Alternivest Healthcare in the purchase of approximately 30 acres in New Braunfels, Texas. The site will be master-developed as an age-in-place destination, with plans to include a medical office building, skilled nursing facility, and assisted living/memory care. The medical office building will be known as […]
For Sale: The Merion Building MOB – Offers Due June 17th
Offers for The Merion Building, a fully stabilized Class A MOB, are due Tuesday, June 17th at 4:00 PM. Please call Mike Margolis (610-879-4503) to schedule a property inspection. NGKF Capital Markets has been retained as the exclusive agent for the disposition of a Class A, 73,329 square foot, three story medical office building known […]
News Release: Sam Schenkel Joins NAI Harding Dahm and Bradley Company as Senior Vice President of Operations for Northeast Indiana
FORT WAYNE, INDIANA – 6/3/2014 – NAI Harding Dahm, a member of the world’s premier managed network of commercial real estate firms, is proud to announce that Sam Schenkel has joined the firm as Senior Vice President of Operations for Northeast Indiana. Sam Schenkel, CPM, CCIM, has been in Fort Wayne commercial real estate for […]
News Release: Brackett Flagship Properties Announces Four New Team Members
June 2, 2014 Brackett Flagship Properties has recently added four new employees to support its continued growth: Thorn Baccich, Jr., Ryan Dawson, Matt Schindelholz, and John Klawitter. Thorn Baccich, Jr. joins Brackett Flagship Properties from Carolinas Healthcare System, where he spent four years in the Real Estate Department. As Vice President of Development, Thorn will […]
News Release: Fairfield Advisors announces successful closing of Lee’s Hill Medical Office Building in Fredericksburg VA
$19,550,000 Sale Denver CO & Fredericksburg VA / PR Newswire (June 2, 2014) – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Lee’s Hill Medical Office Plaza located at 10401 Spottsylvania Avenue in Fredericksburg, Virginia. Lee’s Hill is a 75,000 square foot Medical […]