News Release: Duke Realty’s Bill Mooney to speak at Greater New York Healthcare Real Estate Summit
Vice President and panel will explore the topic ‘Financing for and Investment in the Northeast Healthcare Real Estate and Medical Facilities Marketplace’ March 2 INDIANAPOLIS, Feb. 25, 2016 – Indianapolis-based commercial real estate developer Duke Realty announced that Bill Mooney, Senior Vice President, Healthcare Development, will serve as an expert panelist at the Fifth Annual […]
News Release: Major Shift in Medical Construction – Focus Moving from Acute to Outpatient
Exclusive new report now available from Revista finds that hospital projects led the way, but predicts that MOBs will dominate in 2016. Firm also announces two new advisory board members and upcoming events. ANNAPOLIS, Md., Feb. 25, 2016 – U.S. medical real estate construction totaled more than $97 billion in 2015, according to an exclusive […]
Archives: February 2016
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Transactions: CBRE arranges $5.29 million sale/leaseback of 15,090 square foot Raleigh, N.C., MOB
RALEIGH, N.C. – A division of Glen Allen, Va.-based Capital Square Holdings has acquired an MOB in Raleigh for $5.29 million, according to a Jan. 20 news release from CBRE’s Raleigh office.
Transactions: Hammes Partners was MOB buyer
HREI™ learns that investment firm was behind recent acquisitions in Waco, Texas By Connie M. McCaffrey Healthcare Real Estate Insights™ has learned that HP Waco Six Medical LLC, the buyer of a two-building medical office portfolio that changed hands in October 2015, is an affiliate of Hammes Partners, a national healthcare real estate private equity […]
Transactions: Marcus & Millichap brokers MBRE’s acquisition of 48,225 s.f. cardio institute near Chicago
ROCKFORD, Ill. – Marcus & Millichap has brokered the sale of a 48,225 square foot MOB in Rockford to a joint venture fund managed by MBRE Healthcare, according to Heartland Real Estate Business magazine.
Transactions: Orthodontic practice acquires 10,040 square foot MOB in San Diego suburbs for $3.8 million
ENCINITAS, Calif. – Powder Days LLC, a partnership affiliated with an orthodontic practice, has acquired a two-story, 10,040 square foot MOB in the San Diego sub-market of Encinitas for $3.8 million, the San Diego Business Journal reports.
Transactions: Buyer acquires distressed three-story, 105,717 square foot MOB north of Detroit for $6.6 million
CLARKSTON, Mich. – The three-story, 105,717 square foot Mid-Oakland Medical Center at 6770 Dixie Highway in Clarkston, about 40 miles north of Detroit, has been sold.
Transactions: MOB sales stay strong in Q4
But as 2015 came to an end, volume showed signs of slowing, if ever so slightly By John B. Mugford On the surface, medical office building (MOB) sales remained strong throughout the record-setting year of 2015. But by the end of the year, the total sales volume in the fourth quarter (Q4) showed some signs […]
Transactions: Boulder Group brokers MOB sales
Transactions included properties in Chicago, Milwaukee and Vincennes, Ind. By Connie M. McCaffrey The Boulder Group, a Northbrook, Ill.-based boutique investment real estate service firm specializing in single-tenant net-lease properties, recent brokered the separate sales of three medical facilities in Milwaukee, Chicago and Vincennes, Ind.
Hot Property: Cap rate tops 8% for Kent, Wash., asset
Benson Business Park boasts a stable roster of medical and professional tenants Name: Benson Business Park Address: 25012-25022 104th Ave. City: Kent, Wash. Total leasable square feet: 24,411 Number of buildings: 3 Number of floors: 1 Land Area: 1.54 Acres Occupancy: 89% Year built: 1985-87 Parking ratio: 3.28/1,000 square feet Brokerage: CBRE Brokers: Craig Wilson, […]
Transactions: SIG brokers institutional investment firm’s $4.41 million acquisition of two Pennsylvania
SANTA MONICA, Calif. – Sands Investment Group (SIG) announced the net-lease sale of two Pennsylvania MOBs.
Outpatient Projects: Lendlease opens VA Clinic in N.C.
New $130 million ‘23-hour hospital’ is agency’s largest leased outpatient center By Erin E. Porter Lendlease has opened the Kernersville U.S. Department of Veterans Affairs (VA) Health Care Center in Kernersville, N.C. The $130 million, 400,000 gross square foot multispecialty clinic, located in the Piedmont Triad area in the north-central part of the state, is […]
Outpatient Projects: Northern Ohio community gets new $80 million OhioHealth outpatient facility
MANSFIELD, Ohio – In the northern Ohio community of Mansfield, located midway between Columbus and Cleveland via Interstate 71, OhioHealth last fall opened a new $80 million, “state-of-the-art” medical office and outpatient surgery facility next to the existing OhioHealth Mansfield Hospital.