News Release: Cornerstone Companies Closes MOB Fund II, Acquires Crittenton Medical Plaza in Oxford, MI
Cornerstone Companies, Inc. announced this month that it has acquired the 19,123-square-foot Crittenton medical office building in Oxford, MI, for a total of $5.7 million. The property was purchased through the Cornerstone MOB Fund II, a private equity fund focused solely on the medical real estate. The acquisition of the Crittenton Medical Plaza is the […]
News Release: NKF and JLL Complete Lease for TeamHealth
Newmark Knight Frank and JLL Complete Lease Relocation and Restructure for TeamHealth Newmark Knight Frank (NKF) and JLL announced the completion of a 51,290-square-foot lease for medical staffing firm TeamHealth. TeamHealth will consolidate and relocate approximately 400 employees to Corporate Pointe at West Hills, located at 8511 Fallbrook Ave. NKF’s Executive Managing Director David Kluth […]
News Release: Healthcare Real Estate-Developer Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million
Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million With more than 500,000 SF currently in development/redevelopment and another 500,000-plus SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California Meridian, a full-service real estate developer and owner of general and […]