News Release: Caddis and Invesco Real Estate Joint Venture acquires Indiana Hand to Shoulder Center
The facility, which is the headquarters for 10 additional clinics, is conveniently located at the entrance of the main campus of St. Vincent/Ascension Hospital in Indianapolis INDIANAPOLIS and DALLAS, July 25, 2019 – A joint venture between Caddis® and a client of Invesco Real Estate, a global real estate investment manager, has acquired the 41,205 […]
Entries now open for seventh annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Seventh Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 30, 2019. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]
News Release: Just Sold – Saint Luke’s Community Hospital Portfolio
Just Sold Saint Luke’s Community Hospital Portfolio Embree Capital Markets Group, Inc. Kansas City, KS Metropolitan Area Embree Capital Markets Group is pleased to announce the successful sale of seven (7) state-of- the-art Saint Luke’s Community Hospitals surrounding the Kansas City, KS metropolitan statistical area (MSA). Embree Capital Markets Group arranged the portfolio transaction in […]
News Release: Just Closed – CHI St. Luke’s Health Sugar Land Medical Plaza
CBRE Capital Markets | Healthcare Just Closed CHI St. Luke’s Health Sugar Land Medical Plaza Sugar Land, Texas Sale Date: 7/19/2019 Property Size: 120,596 SF Occupancy: 81.7% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the CHI St. Luke’s Health Sugar Land Medical Plaza (the “Property”), located in Sugar Land, Texas. Shane […]
News Release: Marcus & Millichap arranges the sale of a 28,917-square foot office building
FOR IMMEDIATE RELEASE SUN CITY CENTER, Fla., July 23, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of South Bay Medical Arts, a 28,917-square foot medical office property located in Sun City Center, Fla., according to […]
News Release: Optimus Properties, LLC Purchases Ventura Corridor Office Building
NEWS PROVIDED BY Optimus Properties, LLC Jul 18, 2019, 16:00 ET LOS ANGELES, July 18, 2019 /PRNewswire/ — Optimus Properties, LLC, through an affiliate, and with financing provided by Goldman Sachs, has completed the purchase of a ten-story office/medical office building located in Tarzana, CA. The building, built in the mid-1970’s, is occupied by office tenants. The property, located at […]
News Release: JLL Closes Sale of Single Tenant MOB in Orange County, CA
St. Jude-Centers For Rehabilitation & Wellness 2767 East Imperial Highway, Brea, California Closed June 2019 JLL Closes Single Tenant Medical Office Building In Brea, CA (Orange County) Long Term NNN Lease To St. Jude Medical Largest Standalone Physical Rehabilitation Center In Southern California 18 Day Close From Execution Of LOI Highly Competitive Marketing Process, 12 Total […]
News Release: Just closed: Tower Medical Plaza | Southlake, Texas
Just closed: Tower Medical Plaza | Southlake, Texas The JLL Healthcare Capital Markets Group is pleased to announce the sale of Tower Medical Plaza, a Class A medical office building totaling 44,888 rentable square feet in Southlake, Texas. The property is located less than one quarter of a mile from the renowned Southlake Town Square and […]
News Release: Kraus-Anderson completes $52 million expansion of FirstLight Health System in Mora, Minn.
JULY 17, 2019 MINNEAPOLIS, Minn. (July 2019) – Kraus-Anderson Construction Company (KA) has completed a $52 million expansion of FirstLight Health System, located at 301 South Hwy. 65 in Mora, Minn. The 25-month, multi-phased project includes major expansion and renovation of approximately 115,000 square feet of the FirstLight Health Systems Mora Hospital and Clinic campus. […]
Outpatient Projects: Unique partnership to open D.C.-area MOB
Adventist, Seavest and Trammell Crows are owners of 169,000 s.f. facility By John B. Mugford Within a few months after the opening of the new 180-bed White Oak Medical Center in Silver Spring, Md., in late August, a seven-story, 169,000 square foot medical office building (MOB) on the campus will begin seeing its first patients […]
News Release: Trammell Crow Company and Seavest adding major medical pavilion to new Adventist HealthCare hospital campus
FOR IMMEDIATE RELEASE The two firms and Adventist will own the 169,000 square foot Medical Pavilion at White Oak in the emerging health and life sciences hub of Silver Spring, Md. SILVER SPRING, Md., and WHITE PLAINS, N.Y., July 16, 2019 – A unique partnership of Seavest Healthcare Properties LLC, Trammell Crow Company and Adventist […]
News Release: Rare, Class A Medical Condo Sells for $11.85M – Leased to cCARE
For Immediate Release Cushman & Wakefield Private Capital and Healthcare Teams Collaborate in Sale of Class A Medical Condo for $11.85 Million Rare San Diego North County Asset Located in Desirable Project and Submarket SAN DIEGO, Calif., July 15, 2019 – Cushman & Wakefield announced today they’ve advised on the sale of a 20,230 square foot, […]
News Release: Medical Properties Trust Announces $1.75 Billion Investment in 24 Hospital Facilities
Investor Relations Press Release Medical Properties Trust Announces $1.75 Billion Investment in 24 Hospital Facilities Year-to-Date Acquisitions of $3.0 Billion Surpasses 2019 Full Year Acquisition Goal and Establishes Record Acquisitions Year Weighted Average GAAP Rate of 8.2% for 2019 YTD Acquisitions Transactions Immediately Accretive; Increases Run Rate Guidance for Net Income to $1.08 to $1.12 and NFFO to $1.54 to […]
News Release: Just Closed – On Campus MOB
CLOSED Cadence Capital Partners Healthcare Real Estate Group Secures Buyer for On-Campus Medical Office Building Cadence Capital Partners is pleased to announce the sale of Willow Grove Medical Plaza, a 42,000 SF on-campus medical office building located two hours west of New York City in Hackettstown, New Jersey. Michael Bennett Managing Principal 312.882.2200 mbennett@cadencerec.com Mike Janus Senior […]
News Release: Alex. Brown Realty and Heritage Properties Acquire Medical Office Park in Cary, NC
July 11, 2019 04:09 PM Eastern Daylight Time BALTIMORE–(BUSINESS WIRE)–Alex. Brown Realty (ABR) and their joint venture partner, Heritage Properties, are pleased to announce the acquisition of a two-building medical office park located at 101 & 105 SW Cary Parkway in Cary, North Carolina. ABR Chesapeake Fund V, a value-add real estate fund sponsored by […]