News Release: Healthcare Realty Trust Announces Formation of Joint Venture With TIAA
November 16, 2020 17:00 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Nov. 16, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a joint venture agreement with Teachers Insurance and Annuity Association (“TIAA”) to invest in a broad range of medical office buildings. The joint venture strengthens the Company’s […]
News Release: Marcus & Millichap Brokers Multi-Tenant Medical Office Building Sale in Amarillo Texas
AMARILLO, Texas, Nov. 16, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 3501 MedCenter, a 145,096-square-foot multi-tenant medical office property in Amarillo, Texas. “We marketed this asset to a deep buyer pool and generated multiple […]
News Release: IRA Capital Acquires Illinois and North Carolina Medical Office Buildings
November 16th, 2020 – Southern California private equity firm IRA Capital “IRA” is pleased to announce the acquisition of two single-tenant medical office buildings in Oswego, Illinois and Raleigh, North Carolina. The Oswego property is 100% occupied by Edward-Elmhurst Healthcare, one of the larger integrated health systems in Illinois which was created by the merger […]
News Release: Just Sold – Mercy Healthcare Center
CBRE Healthcare & Life Sciences Capital Markets Just Sold Mercy Healthcare Center Coon Rapids, MN TRANSACTION HIGHLIGHTS DATE SOLD: 11/12/2020 SIZE: 91,767 SF OCCUPANCY: 70.4% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Mercy Healthcare Center (the “Property”). Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger, Sabrina Solomiany […]
News Release: Medical Office Building Sale in Inland Empire (Calif.) for $7.85 Million
Latham Medical Plaza 4361 Latham St., Riverside, CA Just Sold CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of Latham Medical Plaza, at 4361 Latham Street in Riverside, California, for $7.85 million. The 31,201 square-foot, two-story building was originally built in 1991. DaVita Dialysis, who occupies nearly half of the rentable area and has […]
News Release: Avison Young negotiates 12K SF Lease with L.A. Care Health Plan in El Monte, CA
Avison Young negotiates 12,000-sf retail lease with L.A. Care Health Plan at Santa Fe Plaza in El Monte, CA Los Angeles, CA – Avison Young announced today it has negotiated a 12,000 square-foot retail lease at Santa Fe Plaza, a retail center located at 3570 Santa Anita Avenue in El Monte, CA. The 10-year lease […]
News Release: Lucky Number 13 Breaks Ground in North Port, FL
Optimal Outcomes recently celebrated the groundbreaking of the 13th facility to be designed, developed, and constructed for Florida Cancer Specialists & Research Institute (“FCS”). The 20,000+ SF cancer center will stand 1- story high with tall textured concrete panels to anchor the corners of the building, emanating a modern flare blended with Key West style […]
News Release: ESI Arranges Three Separate Transactions for 21 Midwest Skilled Nursing Communities
Chicago, IL – November 12, 2020 – Evans Senior Investments (ESI) successfully represented the exit from the long-term care industry for a Midwest regional owner/operator. The portfolio consisted of three separate transactions for each state (Indiana, Iowa, & Illinois). The combined purchase price for all three transactions was $86,000,000 or $54,0000 per functional bed/unit. The […]
News Release: Just Closed – PennMarc Centre (Memphis, TN)
JUST CLOSED PENNMARC CENTRE Memphis, TN Sale Date: 11/9/20 Building Size: 135,270 SF Occupancy: 81% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the PennMarc Centre (the “Property”), located in Memphis, Tennessee. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman partnered with Johnny […]
News Release: Just Closed – Church Street Medical Center I, II & III (Greensboro, N.C.)
JUST CLOSED CHURCH STREET MEDICAL CENTER I, II & III Greensboro, NC Sale Date: 11/9/20 Portfolio Size: 149,351 SF Occupancy: 89% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Church Street Medical Center I, II & III (the “Portfolio”), located in Greensboro, North Carolina. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan […]
News Release: Aida Nolan-Rodriguez joins Lee & Associates South Florida as Principal specializing in Healthcare and Medical Office
MIAMI, Florida—November 11, 2020—Lee & Associates Commercial Real Estate Services announces the addition of Aida Nolan-Rodriguez as Principal specializing in Healthcare and Medical Office Real Estate throughout South Florida. With an incredible reputation in the South Florida market region, Aida brings over 26 years of experience in the Healthcare Real Estate industry with an expert focus servicing a […]
Feature Story: Wall Street analysts laud sector during BOMA MOB conference
Despite COVID, total MOB sales volume is likely to top 2019, according to panelists By John B. Mugford With medical office buildings (MOBs) continuing to show their resiliency amid the COVID-19 pandemic, it would only make sense that the product type continues trading at strong pricing and attracting an even wider range of investor types. […]
Transactions: Healthpeak acquires a seven-MOB portfolio for $169M
Purchase is part of strategy focused on MOBs, life science, CCRCs; JLL brokered the deal By John B. Mugford As Irvine, Calif.-based Healthpeak Properties Inc. carries out a four-year-old strategy that involves selling much of its senior housing and senior housing operating portfolio (SHOP) properties, it continues to invest the proceeds from such sales into […]
News Release: Stan Johnson Company Completes $20.6 Million Sale Of Healthcare Office Building In Western Suburb Of Chicago, Illinois
Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a Class A, 50,000-square-foot life science healthcare office building in the western Chicago suburb of Itasca, Illinois. The property is located at 870 North Arlington Heights Road and is fully leased by a publicly traded NASDAQ company. […]
News Release: Herrero Boldt Webcor To Deliver UCSF Hospital at Parnassus Heights Under IFOA Model
Monday, November 9, 2020 12:15 PM SAN FRANCISCO, CA / ACCESSWIRE / November 9, 2020 / Herrero Boldt Webcor, a unique partnership between Herrero Builders, Inc., The Boldt Company, and Webcor, has been selected by University of California, San Francisco (UCSF) as its construction partner for a new hospital at Parnassus Heights. The Hospital for […]