For Sale: Atrium Medical Center Professional Building
The Offering Offering Price: Best Offer Building Size: 103,175 SF Year Built: 2007 Ownership: Leased Fee Interest Percentage Leased: 80.3% In-Place NOI: $1,223,113 Year 1 Pro-Forma NOI: $1,351,657 CBRE’s U.S. Healthcare Capital Markets Group is pleased to offer the exclusive opportunity to acquire the Atrium Medical Center Professional Building (the “Property” or the “Professional Building”). […]
For Sale: 8+% Cap Rate – Well Located Medical and Professional Center – Seattle Submarket
The Offering The Benson Business Park is located at 25012–25022 104th Avenue SE, Kent, Washington. The Property consists of three single-story retail/office buildings, constructed in 1985, containing approximately 24,411 square feet currently configured into nine separate suites ranging from 1,047 to 5,684 square feet. 8.01% Cap Rate 89% Leased Outstanding Yield Potential Limited Near-Term Capital Requirements Strong […]
News Release: HDR’s project architect promoted to associate
Denver, CO – Congratulations to Amanda Owens, project architect in HDR’s Denver architecture office, for her recent promotion to Associate. A nomination-based annual internal program, existing officers and professional associates are asked to nominate employees who demonstrate enthusiastic leadership qualities. Owens, who has been with HDR for five years, has worked on high-profile projects including […]
Cornerstone Companies, Inc. Completes Purchase of Lakeview
Indianapolis, IN – January 27, 2016 – Cornerstone Companies, Inc. recently announced the closing on Lakeview Medical Office Plaza, located in the 9000 block of North Meridian Street in Indianapolis, Indiana. The plaza is the latest purchase by the company, which continues to rapidly expand its portfolio of owned and managed medical office buildings, both locally […]
News Release: Winnie Fritz Appointed to Rendina Healthcare Real Estate’s Advisory Board
JUPITER, Fla., Jan. 27, 2016 – Rendina Healthcare Real Estate is pleased to announce the appointment Winnie Fritz its Advisory Board. Ms. Fritz has held positions as a CEO, Chief Clinical Officer, and Chief Nursing Officer in a variety of U.S. and international hospitals and healthcare organizations including for-profit & non-profit care providers. She was […]
News Release: Avison Young completes sale of 70,000-sf core medical office portfolio in active Chicago market
Quadrangle sells two multi-tenant, well-leased buildings in prime Naperville, IL location Chicago, IL – Avison Young announced today that it has negotiated the sale of a two-building, 70,000-square-foot (sf) core medical office portfolio in Chicago’s growing western suburban healthcare market. Avison Young Principals Erik Foster and Mike Wilson, who lead the firm’s capital markets team […]
News Release: Prime Healthcare Services, Inc. Announces Closing of $700 Million Financing Transaction
ONTARIO, Calif., Jan. 26, 2016 /PRNewswire/ — Prime Healthcare Services, Inc. (“Prime”) today announced that it has closed a $700 million senior secured credit facility (“Facility”) lead jointly by Wells Fargo Bank, N.A. (“Wells Fargo”) and Barclays Bank, PLC (“Barclays”) The Facility, which was increased from its original amount due to strong demand, is comprised […]
News Release: Just Closed – The Swan Building
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of The Swan Building in Alpharetta, Georgia. Sale Date: January 15, 2016 Sale Price: $8,500,000 Price PSF: $189 Building Size: 44,893 SF Year Built: 2000 Occupancy: 71.5% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of The Swan Building […]
News Release: HDR Selected to Design the New Rhine Ordinance Barracks (ROB) Medical Center Replacement (MCR) in Germany
Omaha, NE – HDR has been selected by the German government Landesbetrieb Liegenschafts- und Baubetreuung Weilerbach (LBB) to design the new Rhine Ordinance Barracks (ROB) Medical Center Replacement (MCR) project adjacent to the Ramstein US Air Force Base in Germany. The team will work with the LBB, the US Army Corps of Engineers and with […]
Archives: January 2016
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Feature Story: HREI Insights Awards Winner – Best New MOB (Less Than 25,000 S.F.)
No hurdles too high for Rendina Developer overcomes multiple challenges to build South Carolina MOB/ASC Facility name: Murrells Inlet ASC Address, City, State: 3545 Highway 17 Bypass, Murrells Inlet, S.C. Client/owner: Murrells Inlet Investors LLC Product type: MOB/ASC Number of stories: 2 Square footage: 22,476 Site acreage: 1.82 Parking: 92 surface spaces Construction start date: May 2014 Construction complete date: May 2015 Cost: $7.11 million […]
Feature Story: 2015 HREI Insights Awards Winner – Best Post-Acute/Senior Living
Heartis scores Amarillo win High tech approach helps Caddis to deliver warm environment for Texas seniors Facility name: Heartis – Amarillo Assisted Living & Memory Care Facility Address, City, State: 1601 Research St., Amarillo, Texas Product type: Assisted living Number of stories: 1 Square footage: 63,671 Site acreage: 4.9 Parking: 80 surface spaces Construction start date: Sept. 2013 Construction complete date: Aug. […]
Feature Story: Previous Insights Awards™ Winners
Here’s who won the HREI Insights Awards™ during the first two years of the program Best New Medical Office or Other Outpatient Building (Less than 25,000 square feet) 2013: Meridian Property Co. DaVita Stevens Creek 2014: Davis Moore Capital Duke Medicine at Meadowmont Best New Medical Office or Other Outpatient Building (25,000 to 49,999 square […]
Feature Story: 2015 HREI Insights Awards Winner – Best Renovated/Repurposed
New MOB provides convenience Facility fills an important consumer need in Rohnert Park, Calif. Facility name: Rohnert Park MOB Address, City, State: 5900 State Farm Drive, Rohnert Park, Calif. Product type: Medical office building Number of stories: 2 Square footage: 72,000 Site acreage: 4.79 Parking: 315 surface spaces Construction start date: May 2015 Construction complete date: Aug. 2015 Cost: $13.5 million Owner: Meridian Major users/tenants: Kaiser […]