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News Release: Just Sold - Inland Empire Medical Campus Transacted for $18.3M

News Release: Just Sold – Inland Empire Medical Campus Transacted for $18.3M

Loma Linda University Health Park Plaza MOB 1776,1782 and 1790 W Park Avenue Redlands, CA JUST SOLD CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of Park Plaza, located at 1776,1782 and 1790 W Park Avenue in Riverside, California, for $18.3 million ($343 PSF). The Property totals 53,325 square feet across three outpatient […]

News Release: Wiegmann Associates completes work on new $49M rehabilitation facility at St. Louis VA Medical Center-Jefferson Barracks

News Release: Wiegmann Associates completes work on new $49M rehabilitation facility at St. Louis VA Medical Center-Jefferson Barracks

January 29, 2021 ST LOUIS, MO – Wiegmann Associates has completed work on the new $49 million rehabilitation facility at the St. Louis VA Medical Center-Jefferson Barracks, which serves area veterans and their families. Wiegmann Associates was the mechanical contractor and Walsh/Alberici joint venture was the general contractor. Christner, Inc was the architect. Wiegmann installed […]

News Release: Newmark Healthcare Sale Announcement - 910 Erie Blvd Medical Office Building

News Release: Newmark Healthcare Sale Announcement – 910 Erie Blvd Medical Office Building

Newmark Healthcare RECENTLY SOLD 910 Erie Blvd Medical Office Building 910 Erie Blvd Syracuse, NY Sale Date: 1-15-2021 Sales Price: $6,091,000 SF: 35,585 Todd Perman, CCIM Vice Chairman 678-521-3454 tperman@ngkf.com Richard Gerakitis Associate Director 404-408-4828 rgerkakitis@ngkf.com Local NY Broker John Nero

News Release: White Oak Healthcare MOB REIT Announces Acquisition of 4 Class-A Medical Office Buildings in Ohio and Minnesota

News Release: White Oak Healthcare MOB REIT Announces Acquisition of 4 Class-A Medical Office Buildings in Ohio and Minnesota

January 28, 2021 09:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare MOB REIT today announced it has acquired four Class-A Medical Office Buildings in Ohio and Minnesota. The four assets total 112,000 square feet and are fully leased to a diverse group of physician practices and surgery centers. The Fischer Laser Eye Center […]

News Release: Johnson Healthcare Real Estate Adds to Leadership

News Release: Johnson Healthcare Real Estate Adds to Leadership

FOR IMMEDIATE RELEASE January 25, 2021 Industry Veteran Mike Davis Joins Johnson Healthcare Real Estate Birmingham, Ala. — Johnson Healthcare Real Estate, a leading privately-owned firm specializing in the planning, financing, development, and management of medical facilities, is pleased to announce Mike Davis has joined the firm. Davis, a veteran of healthcare real estate finance, […]

News Release: Caddis-Invesco Real Estate JV acquires two medical office buildings, enters California market

News Release: Caddis-Invesco Real Estate JV acquires two medical office buildings, enters California market

FOR IMMEDIATE RELEASE Caddis rounds out its inaugural medical office acquisition fund with assets in Georgia and California WALNUT CREEK, Calif.; MARRIETTA, Ga.; and DALLAS, Jan. 20, 2021 – Caddis® and the joint venture (JV) partner of its first medical office acquisition fund, Invesco Real Estate, a global real estate investment manager, have acquired Caddis’ […]

News Release: CIT Serves as Sole Lead Arranger on $48 Million Portfolio Financing of Medical Office Buildings

News Release: CIT Serves as Sole Lead Arranger on $48 Million Portfolio Financing of Medical Office Buildings

NEW YORK — Jan. 27, 2020 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical […]

News Release: TOA partners with OGA on construction of new Middle TN facilities

News Release: TOA partners with OGA on construction of new Middle TN facilities

For Immediate Release Date: January 27, 2021 OGA completes construction on Lebanon TOA building, breaks ground on another larger medical building in Murfreesboro Lebanon, Tenn. – Oman-Gibson Associates (OGA), a Nashville-based national full-service real estate services and development company, continues to grow its partnership with the Tennessee Orthopedic Alliance (TOA) as the company announces the […]

News Release: Montecito Strategically Acquires Women’s Health MOB in Greenville-Spartanburg, SC, Market

News Release: Montecito Strategically Acquires Women’s Health MOB in Greenville-Spartanburg, SC, Market

FOR IMMEDIATE RELEASE January 27, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a Class A property in Spartanburg, SC, that is home to Medical Group of the Carolinas – Woman’s Clinic. The building, constructed in 2006, contains a total […]

News Release: JLL completes sale of fully occupied Kingwood medical office building (Houston)

News Release: JLL completes sale of fully occupied Kingwood medical office building (Houston)

29,120-square-foot MOB in the center of HCA Houston Healthcare’s Kingwood campus HOUSTON, Jan. 26, 2021 – JLL is pleased to announce the sale of the Kingwood Executive Center, a 29,120-square-foot medical office building located at 201 Kingwood Medical Drive. Chris DiSalle exclusively represented ownership, Woodside Health. The property is fully leased and located just off […]

News Release: Avison Young completes $4.27 million portfolio sale of two medical office buildings in Corona, CA

News Release: Avison Young completes $4.27 million portfolio sale of two medical office buildings in Corona, CA

Los Angeles, CA – Avison Young announced today it has completed the $4.27 million portfolio sale of two vacant medical office buildings located at 818 and 830 Magnolia in Corona, CA. Avison Young Principal Michael Dettling and Vice President Steven Tronson who are located in the Los Angeles North office represented the seller, a Los […]

News Release: Klein Enterprises Sells Denton (Md.) Medical Office Building

News Release: Klein Enterprises Sells Denton (Md.) Medical Office Building

1/25/21 Klein Enterprises announced the successful sale of its 50,000-square-foot Medical Office Building in Denton, Maryland that was built for and is fully leased to Shore Regional Health — a wholly owned subsidiary of the University of Maryland Medical System. Klein acquired the land in 2017 and constructed and managed the building. The purchaser was […]

Feature Story: Sanders and Starr were a winning combination

Feature Story: Sanders and Starr were a winning combination

HREI’s 2020 Lifetime Achievement Award co-winners built The Sanders Trust into one of the HRE’s sector longstanding, respected firms By John B. Mugford Early in his career in commercial real estate, Rance Sanders came up with what seemed to be a great idea for a new business. At least he thought so. “I told my […]

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Feature Story: BOMA MOBs 2020

Here are links to HREI’s complete coverage of the 2020 BOMA MOBs conference. Feature Story: Wall Street analysts laud sector during BOMA MOB conference Feature Story: Timeshare medical space might be here to stay  Feature Story: It’s boom time for life science real estate Feature Story: Pandemic prompts providers to re-examine real estate Feature Story: […]

Feature Story: Mark Toothacre named top exec

Feature Story: Mark Toothacre named top exec

PMB president proud of building firm’s reputation and long-term relationships By Connie M. McCaffrey Those who know PMB President Mark D. Toothacre describe a visionary but humble and mentoring leader who is quick to share opportunities and recognition with others. That selflessness – along with an enviable track record – has earned Mr. Toothacre the […]