News Release: MBRE Healthcare Names Martin SVP of Development
CHICAGO – MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division. MBRE Healthcare is a national, full-service real estate company that acquires, develops, leases, and manages healthcare facilities, along with its affiliated fund manager, ROA Holdings. “We’re very happy to have someone with David’s experience helping lead […]
News Release: Construction Begins on Superior Medical Center in Colorado
Pacific Medical Buildings and Sawtooth Development Group Start Construction on 60,000-Square-Foot Medical Office Building in Superior, CO Superior, CO (May 3, 2017) – Pacific Medical Buildings (PMB) and Sawtooth Development Group, LLC have broken ground on a four-story, 60,000-square-foot medical office building in downtown Superior, Colorado. The new development, Superior Medical Center, includes a four-story, 229 […]
News Release: Dallas: Office/Medical Complex Changes Hands
Office/Medical Complex Changes Hands in Dallas DALLAS, May 2, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Forest Green Office/Medical Complex, a four-building, 173,790-square-foot office complex in Dallas. “The asset was previously listed by multiple […]
News Release: CHI Franciscan Health Receives Certificate of Need (CON) for Harrison Medical Center-Silverdale Expansion
News and Information May 2, 2017 The half-billion dollar investment will transform the quality of care for patients and families across Kitsap County CHI Franciscan Health, a premier health care provider in the Pacific Northwest, announced that the Washington State Department of Health (DOH) approved CHI Franciscan’s Certificate of Need (CON) requesting regulatory approval to […]
News Release: Institutional Property Advisors Brokers $10.65 Million Sale of Single-Tenant Medical Office Building in Rural Kentucky
POWDERLY, Ky., May 2, 2017– Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of a 56,500-square-foot, single-tenant medical office building in Powderly, Ky., for $10.65 million. Located at 1010 Medical Center Drive, the facility will continue to operate as a […]
News Release: The Sanders Trust Expands Footprint into 22nd State with $21 Million Acquisition in Maryland
BIRMINGHAM, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has completed the $21 million acquisition of a Class A medical center in Hagerstown, Maryland. The deal marks the expansion of The Sanders Trust footprint into its 22nd state. The Parkway Professional Center is a 71,000-square-foot ambulatory care center located on […]
News Release: Bradley Company Promotes Market Leaders to Managing Directors in their Indianpolis, Grand Rapids and Fort Wayne offices
Indianapolis & Fort Wayne, IN and Grand Rapids, MI – May 1, 2017 – Bradley Company is pleased to announce our three Market Leaders; Tom Deitche, Sally Tucker and Jim Logan have been promoted to Managing Director for each of their respective offices in Fort Wayne, IN; Grand Rapids, MI; and Indianapolis, IN. Each of […]
News Release: Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion
Creates the Dominant Medical Office Platform with Significant Scale in Key, Gateway Markets Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it entered into a definitive […]
News Release: Duke Realty to sell medical office business to Healthcare Trust Of America for $2.8 billion
Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT INDIANAPOLIS, IN — (Marketwired) — 05/01/17 — Duke Realty Corporation (NYSE: DRE) (the “Company”) entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical […]
News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project
Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]
News release: New Northside Hospital Cherokee Opens to Patients on May 6
Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]
For Sale: Houston Medical / Office Park | 504,609 RSF
Pin Oak Houston, Texas For Sale: 504,609 RSF Medical/Office Park Investment Summary Access the confidentiality agreement Investment summary JLL is pleased to offer for sale the fee simple interest in the Pin Oak Portfolio, a medical / office park with 504,609 rentable square feet located in the affluent Bellaire community of Houston, Texas. The five buildings are 93% occupied with […]
News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California
The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017 – Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on […]
News release: Montecito Medical Announces West-Coast Office Expansion
Relocation reflects firm’s continued growth NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has expanded into a new, larger space for its financial and operations center in California. The new office, at 45 E. Rincon Street, Suite 208, in Corona offers 150 percent […]
News Release: CBRE Hires Industry Experts for Valuation & Advisory Services Healthcare Practice Group
Los Angeles, CA – April 26, 2017 —CBRE Group, Inc., announced that James Graber, MAI, has joined the firm’s Valuation & Advisory Services (VAS) Healthcare Practice Group as vice president, along with RJ Debee as a senior associate. Mr. Graber, based in Fort Lauderdale, and Mr. Debee based in Jacksonville, will primarily cover the southeast […]