Transactions: Newsbreak (Jan/Feb 2020 edition)

Elliott Bay Capital Trust sells 50 dialysis clinics to a public REIT for $142.9 million

SEATTLE – Seattle-based Elliott Bay Capital Trust has sold a portfolio of 50 net-leased dialysis clinics with 430,000 square feet of space in 22 states to an undisclosed REIT for $142.9 million. The clinics are leased to Fresenius Medical Care (NYSE: FMS) and DaVita Inc. (NYSE: DVA). News of the sale comes from Jones Lang LaSalle (NYSE: JLL), whose Healthcare Capital Markets, Corporate Finance and Net Lease divisions represented the seller and were led by Managing Director Mindy Berman, VP Brannan Knott, and Senior VPs Peter Bauman and Tivon Moffitt. Mr. Knott says the portfolio is “a rare, highly durable income portfolio.” For more information, please visit HREInsights.com.

In central Missouri’s largest MOB sale in recent years, two assets sell for $56.1M

JEFFERSON CITY, Mo. – An ownership group of four separate entities, including a local physicians’ practice, has sold a two-building medical portfolio with a total of 184,181 square feet of space in Jefferson City. Representing the seller in the $56.1 million transaction, for a PSF of $305, was the Global Healthcare Services (GHS) team with Newmark Knight Frank (NFK). The sale was one of the largest in several years in central Missouri involving assets owned by an independent medical group, according to NFK. The NFK team included Todd Perman, Dana Hamric, Richard Gerakitis and Kevin McLaughlin in St. Louis. For more information, please visit HREInsights.com.

Investor acquires a pair of MOBs in So. Florida for $33.15M; plans to offer co-sharing

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