For Sale: Call for Offers – July 13th, 2016 – North Coast Medical Plaza, Carlsbad, CA
Jones Lang LaSalle appreciates 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 […]
For Sale: Call For Offers – Wednesday, July 20th, 2016 – Long Term Single-Tenant Net-Leased Outpatient Surgical Center Located in Tomball, Texas
Brown, Gibbons, Lang & Company | Real Estate Partners is pleased to exclusively offer for sale the fee-simple interest in the Texas Orthopaedic & Sports Medicine Center (the “Property” or “Facility”). The Property consists of approximately 36,804 rentable square feet and is conveniently located in Tomball, Texas, an affluent suburb in North Houston with a […]
For Sale: Winchester MOB – Offers Due Thursday, June 30th
Thank you for your interest in acquiring Winchester Medical Office Building. This letter is to advise you that the seller has requested a written expression of your interest in purchasing the Property by 4:00pm on Thursday June 30th, 2016. Please note the following as you prepare your offer letter: Offer Date – An offer date […]
News Release: Capital One Closes $61 Million Term Loan and $12 Million Revolving Credit Facility to CommuniCare Family of Companies
Bethesda, MD (June 28, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $61 million syndicated term loan and $12 million syndicated revolving credit facility to affiliates of CommuniCare Health Services. The loan and credit facility were used for the acquisition of nine skilled nursing facilities […]

News Release: Woodside Health Enters Phoenix Market with Purchase of Arrowhead Creekside Medical Office Building in Glendale
Phoenix, AZ (June 27, 2016) –Newmark Grubb Knight Frank (NGKF), announces the purchase of 7200 W. Bell Road in Glendale by Woodside Health/Crescendo Commercial, making its first acquisition in the Phoenix market. The eleven building, 69,930-square-foot portfolio of single-story properties was sold by IX CW 7200 West Bell Road, L.P. for $10,936,000, or $156.38 per […]
For Sale: Offices for Lease – Medical/Professional Offices Available Now
Prospect Professional Center, 500 River Avenue (Route#9) Lakewood, Ocean County, NJ New Building – State-of-the Art 48,000 +/- Square Foot “CLASS A” Office Building Modern Design Centrally and Conveniently Located Across Kimball Medical Center Hospital Adjacent to CVS and WAWA (coming soon) Abundant Parking On-Site (over 250 spots) Abundance of Windows State-of-the-Art HVAC System – with individual […]

Archives: June 2016
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Cover Story: Out of the woods
Former Forest Park properties finding new life By John B. Mugford It seemed like a good idea at the time. Frustrated by what they considered to be bureaucracy and inefficiency at other local hospitals, a group of Texas physicians launched the Forest Park chain of physician-owned specialty hospitals, opening the first of six such facilities […]

Feature Story: Still a lot to be optimistic about
Economist, keynote speaker educates BOMA audience about the U.S. economy By John B. Mugford On the surface, there certainly seems to be a lot to be worried about, both in our country as well as in rest of the world. These include, among others, ongoing threats of terrorism, a troubling pair (to many voters) of […]
Transactions: Griffin-American REIT IV, new on the scene, makes one deal, agrees to another
IRVINE, Calif. – The newest non-traded real estate investment trust (REIT) offering from California-based co-sponsors American Healthcare Investors and Griffin Capital Corp. – Irvine-based Griffin-American Healthcare REIT IV (G-A REIT IV) – recently made its initial acquisitions.

Transactions: The Sanders Trust makes MOB purchases totaling $11.2 million in New Mexico and Wisconsin
BIRMINGHAM, Ala. – Birmingham-based The Sanders Trust (TST), a healthcare real estate (HRE) firm, says it has a goal of adding anywhere from $100 million to $200 million worth of properties to its portfolio annually, be it through purchases or developments.

Transactions: VCU Health of Richmond acquires building it was occupying in the Richmond, Va., suburbs
SHORT PUMP, Va. – VCU Health System of Richmond, Va., recently acquired an MOB that it was occupying in the suburub of Short Pump, about 15 miles outside of Richmond.

Transactions: Seavest buys MOB in L.A. hot spot
Loker building is on Dignity Health campus, near Staples Center and L.A. Live By John B. Mugford The South Park district of Los Angeles is as hot as ever, with plenty of new residential units, retail stores, restaurants and entertainment options available to the growing area’s population.

Hot Property: Dignity anchored MOB offered
Durango Medical Plaza offers strong demographics in affluent Las Vegas area Name: Durango Medical Plaza Address: 8530 West Sunset Road City: Spring Valley, Nev. Total leasable square feet: 73,178 Number of floors: 3 Anchor tenant: Durango Surgery Center Occupancy: 75% Year built: 2008 Brokerage: JLL Las Vegas Brokers: Dean Kaufman, Randy Fleisher The demographics supporting […]