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News Release: HCP, Inc. Completes Spin-Off of Quality Care Properties, Inc.

News Release Issued: Oct 31, 2016 (4:15pm EDT) Quality Care Properties to Begin “Regular Way” Trading on NYSE on November 1 IRVINE, Calif., Oct. 31, 2016 /PRNewswire/ — HCP, Inc. (NYSE:HCP) announced today that it has completed the previously announced spin-off (the “Spin-Off”) of its HCR ManorCare portfolio of skilled nursing and assisted living assets, as […]

The building is scheduled to open in June 2017 and will be anchored by PrairieCare LLC. (Rendering courtesy of Ryan Cos.)

News Release: Ryan Breaks Ground on 610 Medical Center in Brooklyn Park, Minn.

MEDIA ALERT October 28, 2016 What: Ryan Companies US, Inc. is hosting a groundbreaking ceremony to celebrate the start of construction for 610 Medical Center, a 40,000 square-foot state-of-the-art outpatient services center located within the 610 Zane Business Park in Brooklyn Park. The building is scheduled to open in June 2017 and will be anchored […]

Michelle Lagos (Photo courtesy of Meridian)

News Release: Healthcare Landlord Leasing Specialist Michelle Lagos Joins Meridian as Senior Asset Manager

FOR IMMEDIATE RELEASE:  IRVINE, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that healthcare leasing specialist Michelle Lagos was hired as the senior asset manager and will play an active role in the management of Meridian’s Southern California portfolio. “In her […]

1815-1837 Sunnycrest Drive, Fullerton, Calif. (Site plan courtesy of CBRE)

News release: Just Sold – Medical Office Building Sells to Owner/User – Fullerton, CA

1815-1837 Sunny Crest Drive, Fullerton, Calif. CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant medical office building located at 1815-1837 Sunnycrest Drive in Fullerton, CA. The sale price was $6,500,000 or $250 PSF. Gary Stache, Brad McCarthy and Doug Mack of CBRE represented the both the seller and […]

For Sublease: Medical Office with Optional O.R. – 5,857 SF – Plaza Medical Center, 1200 Binz Street, Houston, Texas 77004

  Space Overview Ready-to-Go Medical Office Space 5,857 Rentable Square Feet Term Expiration: August 2020 South Main/Medical Center Submarket Level 12 – Suite #1200 Availability Date: Immediate Parking: Garage Parking Available Available Medical Equipment & Furniture Lease Rate: $21.00/RSF Gross Key Features/Highlights Multiple Offices & Exam Rooms Operating Room (1) Procedure Rooms Administrative Work Areas […]

The future Children’s Hospital of San Antonio Health Pavilion - Stone Oak will be a three-story, 60,000 square foot medical office building providing a wide array of outpatient pediatric services, including pediatric emergency care. Photo courtesy of Seavest Healthcare Properties

News Release: Seavest begins development of new MOB for CHRISTUS Santa Rosa’s Children’s Hospital of San Antonio

Private investment management firm develops three-story, 60,000 square foot Health Pavilion at Stone Oak with Trammell Crow SAN ANTONIO and WHITE PLAINS, N.Y., Oct. 26, 2016 – CHRISTUS Santa Rosa Health System’s Children’s Hospital of San Antonio is bringing higher-quality, more comprehensive and more convenient pediatric care, ambulatory and emergency services to North San Antonio […]

October 2016 PDF

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Archives: October 2016

Archives: October 2016

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Archives: 2016

Archives: 2016

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Cover Story: What’s in your wallet?

Cover Story: What’s in your wallet?

Healthcare real estate compensation survey unveiled By John B. Mugford Most companies in almost any sector would like to know, or sometimes feel a need to know, how the pay and benefits they provide to their employees stacks up against other, similarly sized firms in the same industry. Such information can be valuable when hiring […]

O'Quinn Medical Tower, Houston

Transactions: Big sale in the heart of Houston

Iconic twin tower and another clinical building purchased by Texas Children’s By John B. Mugford One of the most recognizable medical office buildings (MOBs) in the vast Texas Medical Center just outside of Houston recently traded hands as part of a big two-building transaction between affiliated but separate health systems. The buyer, Texas Children’s Hospital, […]

Transactions: Brackett Flagship makes joint venture MOBs acquisitions in North Carolina and Virginia

Transactions: Brackett Flagship makes joint venture MOBs acquisitions in North Carolina and Virginia

CHARLOTTE, N.C. – Flagship Healthcare Real Estate Fund II LLC, a joint venture (JV) of Brackett Flagship Properties and Broyhill Asset Management, announced Sept. 8 that it had acquired a 35,854 square foot, off-campus MOB in Greensboro, N.C.

Transactions: Six years after buying MOB in Lanham, Md., Heitman- NexCore sell the asset

LANHAM, Md. – Denver-based NexCore Group and joint JV partner Heitman LLC of Chicago recently sold a 64,261 square foot MOB in Lanham that the partnership acquired in June 2011.

Transactions: G-A REIT IV announces pending MOB deal near Charlotte, N.C., and closes on three other MOBs

Transactions: G-A REIT IV announces pending MOB deal near Charlotte, N.C., and closes on three other MOBs

MINT HILL, N.C. – Griffin-American Healthcare REIT IV Inc. (G-A REIT IV) announced Oct. 6 that it has agreed to acquire a 57,800 square foot MOB in the Charlotte, N.C., suburb of Mint Hill.

Transactions: Montecito Medical Real Estate acquires 34,000 square foot eye care facility in Portland, Maine

Transactions: Montecito Medical Real Estate acquires 34,000 square foot eye care facility in Portland, Maine

PORTLAND, Maine – Brentwood, Tenn.-based Montecito Medical Real Estate announced Oct. 5 that it has acquired the Maine Eye Center facility at 15 Lowell St. in Portland for an undisclosed price.