News Release: Just closed: HSA PrimeCare Medical Office Portfolio
JLL Healthcare Capital Markets The JLL Healthcare Capital Markets Group is pleased to announce the sale of the HSA PrimeCare Medical Office Portfolio. The multi-state portfolio consists of four outpatient facilities totaling 143,228 square feet located across desirable and growing submarkets within the Chicago and Minneapolis metropolitan areas. The institutional quality assets were 94% occupied at the time […]
Industry Pulse: Rents rising, occupancies to tighten in MOB space
Marcus & Millichap report cites a rise in med school students, drop in cap rates NATIONWIDE — The optimism concerning medical office buildings (MOBs) as a real estate product type continues to grow, with a certain number of reasons for such optimism being cited time and time again. Among them are the country’s aging demographics, […]
News Releases: Virtus Real Estate Capital, Ryan Companies Acquire Richfield Medical Office Property
APRIL 15, 2019 AUSTIN, Texas – Virtus Real Estate Capital (“Virtus”), a leading asset manager of alternative real estate property types, and its partner, Ryan Companies, today announced the acquisition of Woodlake Centre (“Woodlake”), a hybrid medical office and traditional office property in Richfield, MN. The partnership plans to focus its efforts on repositioning the […]
News Release: JLL adds industry veteran Jay Johnson to grow healthcare real estate business across US markets
Johnson will focus on partnering with local teams to deliver the full depth and breadth of JLL’s global healthcare real estate business. April 15, 2019 CHICAGO, April 15, 2019 – JLL today announced Jay Johnson has joined the firm as Managing Director, JLL Healthcare. Johnson will focus on partnering with local teams to deliver the full […]
Outpatient Projects: Seavest’s risk pays off in San Fran
HRE investor receives go ahead to convert building to medical in a tight market Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new use. Gaining the […]
