News Release: Just Closed – Lakeside Women’s Hospital
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Lakeside Women’s Hospital in Oklahoma City, Oklahoma. Sale Date: June 30, 2016 Sale Price: $19,840,000 Price Per SF: $316 Building Size: 62,857 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Lakeside […]
News Release: USAA Real Estate Company and Brackett Flagship Venture Announce Acquisition of Norfolk, VA Medical Office Building
SAN ANTONIO, TEXAS (July 11, 2016) – A venture comprised of Brackett Flagship Properties and USAA Real Estate Company has acquired DePaul Medical Plaza, an approximately 100,000 square foot LEED Silver Certified, Class A medical office building located within the Bon Secours DePaul Medical Center campus just north of downtown Norfolk, VA. The acquisition is […]
News Release: CNL Healthcare Properties II Breaks Escrow
The REIT, focused on healthcare and seniors housing, will admit new stockholders daily (ORLANDO, Fla.) July 11, 2016 — CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on healthcare and seniors housing properties, has raised proceeds sufficient to break escrow in all states except Ohio, Pennsylvania and Washington through its continuous public […]
News Release: HCP Announces CEO Transition
Michael D. McKee Named Interim CEO; Lauralee Martin Leaves HCP and its Board IRVINE, Calif., July 11, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that its Executive Chairman, Michael D. McKee, has assumed the additional role of interim President and CEO, replacing Lauralee Martin, who has left the Company and its Board. The Board of […]
News Release: Capital One Closes $51.1 Million Loan for Specialized Lab and Medical Office Building Acquisition in Cambridge, Massachusetts
Bethesda, MD (July 11, 2016) – Capital One announced that it recently provided a $51.1 million loan to finance the acquisition of a 78,000-square-foot lab and medical office building in Cambridge, Massachusetts. The borrower, Longfellow Real Estate Partners, is a privately owned and operated real estate developer and manager that focuses on assets near major […]
For Sale: Burbank Medical Office Building 100% Leased to UCLA Health
UCLA-MPTF Toluca Lake Health Center Address 4323 Riverside Drive, Burbank, CA Building Size ±24,850 RSF Year Built 1994 / Interior Renovation 2014 Percentage Leased 100% Year 1 NOI * $715,683 (as of Sept. 1, 2016) Lease Expiration May 31, 2019, Two 5-Year Extension Options * Year 1 NOI assumes 2% CPI increase Investment Highlights 100% Leased […]
For Sale: Just Listed – Park Place Medical – 86% Leased to Kaiser (Fitch: A+)| Bay Area Medical Office Building
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News Release: Capital One Provides $21.5 Million in Financing to Physicians Realty Trust for Medical Office Building Acquisitions
Bethesda, MD (July 8, 2016) – Capital One announced today that it has provided $21.5 million in first mortgage financing for the acquisition of two properties in the Hudson Valley region of New York, a 66,000 square foot medical office building in Hudson and a 42,000 square foot medical office building in Cornwall. The purchaser […]
For Sale: Las Vegas Medical Office Building | 73,178 SF
JLL is pleased to offer for sale the fee simple interest in a 73,178 square foot Class A medical office building, Durango Medical Plaza in Las Vegas, Nevada. Completed in 2008, the property is anchored by Dignity Health (Moody’s A3 rating) and United Surgical Partners International’s ambulatory surgery center with a desirable blend of specialists […]
For Sale: 100% Leased Stable Cash Flow Investment – 10.10% Cash on Cash
Investment Summary Asking Price $7,600,000 Occupancy 100% Year 1 Cap Rate 7.01% Year 1 Leveraged Cash on Cash 10.10% Property Size ±35,049 SF Land Size ±1.93 Acres Parking Ratio ±5/1,000 SF Investment Highlights Stable Cash Flow Currently at 100% occupancy with seven tenants that have an average remaining lease term of 3.82 years. This Class A […]
For Sale: CBRE – Value Add Office Investment Opportunity for Two Village Road
The Offering CBRE Inc. has been retained by ownership as the exclusive marketing advisor for the sale of Two Village Road, a 15,197 square foot medical/professional office building located in Horsham Township, Montgomery County, PA (“the Property”), with a current occupancy of 90%. Built in 1980 as an unique office expansion to an existing historical […]
For Sale: Call for Offers – July 13th, 2016 – North Coast Medical Plaza, Carlsbad, CA
We appreciate your continued interest in North Coast Medial Plaza acquisition opportunity. Offers are due Wednesday, July 13th no later than 5:00 pm (PST). Please indicate the following details in your offer letter: Gross purchase price Amount of earnest money deposit Time required for due diligence and closing periods Detail on the closing expenses to […]
News Release: Ryan Companies US, Inc. and Park Nicollet Break Ground on New Medical Office Building in Maple Grove
Minneapolis, Minnesota (July 6, 2016) —Ryan Companies US, Inc. and Park Nicollet broke ground on a new 26,000-square-foot Medical Office Building (MOB) at The Grove Village Shopping Center in Maple Grove, MN. Located at the corner of Maple Grove Parkway and Grove Circle North, the one-story building will be home to Park Nicollet Physical Therapy […]
News Release: Capital One Closes $125 Million Loan to Help Finance Acquisition of High-Tech Lab Portfolio
Bethesda, MD (July 6, 2016) – Capital One announced that it recently committed $125 million and served as joint lead arranger and joint documentation agent in a $1.1 billion first mortgage to finance the Blackstone Group’s acquisition of 17 life science and medical office buildings. The transaction was part of the financing for Blackstone’s larger […]
Entries now open for fourth annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Fourth Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Friday, Sept. 30, 2016. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real estate. […]