News Release: Meridian Sells New-Construction 11,424 SF Dialysis Clinic in Watsonville (Calif.) for $6.7 Million
FOR IMMEDIATE RELEASE: WATSONVILLE, Calif. – Meridian, a full-service real estate developer, operator, and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its new construction, 11,424-square-foot outpatient dialysis clinic in Watsonville, California. The purchase price was $6.7 million, representing a cap rate of 5.15%. […]
News Release: Montecito Medical Acquires Cardiac Center Facility in Arizona
FOR IMMEDIATE RELEASE March 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a cardiac ambulatory surgery center (ASC) leased to a leading health system in suburban Phoenix. The Banner Health – Cardiac Center for Excellence Ambulatory Surgery Center, situated in the […]
News Release: Healthpeak Properties Announces Latest Life Science Development – Nexus on Grand – in South San Francisco
NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:11 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Nexus on Grand development located at 233 East Grand Avenue in South San Francisco. The Class A development will consist of a five-story building totaling […]
News Release: Flagship Healthcare Trust acquires dominant eye surgery center in Kentucky
Outpatient healthcare real estate firm expands presence in Kentucky CHARLOTTE, N.C. (March 18, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired the Eye Surgery Center of Paducah (ESCP) in Paducah, Kentucky. Located at 100 Medical Center Drive, the 6,300-square-foot, Class A ophthalmic surgery center is accredited by […]
News Release: Healthpeak Properties Announces Callan Ridge Life Science Development in Torrey Pines
NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:13 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located at 3020-3030 Callan Road in the Torrey Pines submarket of San Diego. The project will nearly double the current […]
News Release: Ryan Companies Breaks Ground on Multi-Specialty Medical Building in St. Peters (Mo.)
ST. PETERS, MO. ( MAR 18, 2021 ) Ryan Companies US, Inc., in partnership with Surgery Partners and Advanced Bone & Joint, will bring all major orthopedic and ancillary services for Northwest Missouri under one roof with the development, design and construction of St. Peters Ambulatory Surgery Center and Medical Office Building. The multi-specialty facility […]
News Release: Thomas Park Investments Acquires Howard County Medical Building
Healthcare real estate firm expands Maryland presence March 18, 2021 10:17 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments, a healthcare real estate investment firm, has added River Hill Station to its growing mid-Atlantic region portfolio. “This acquisition embodies our strategy of adding high-quality, strong-performing facilities to our portfolio” Located at 5005 Signal Bell […]
News Release: Flagship Healthcare Trust acquires medical office building in Central Florida
Outpatient healthcare real estate firm expands Florida presence CHARLOTTE, N.C. (March 17, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired a Class A medical office building in the rapidly growing metro area of Lakeland-Winter Haven in Florida. This marks the third acquisition for Flagship in Florida in […]
News Release: Former JLL Managing Director Steve Leathers Launches Healthcare Focused Real Estate Investment Firm
Two industry veterans tapped as managing directors to support platform growth NEW YORK (Mar. 17, 2021) – Financial services industry veteran Steve Leathers has launched Leathers Group, a private real estate investment manager focused on medical office and specialty healthcare real estate. The firm also announced today that Sean Leahy and Randy Beckman have joined […]
News Release: Life sciences demand propels NYC redevelopment project forward
News release JLL Capital Markets secured $393M in financing to redevelop 125 West End Ave. in Manhattan’s West Side cluster March 17, 2021 NEW YORK – March 17, 2021 – JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class […]
News Release: Cigna Medical Group Joins SkySong Community
Posted on March 17, 2021 SCOTTSDALE, Ariz. (March 17, 2021) —SkySong, The ASU Scottsdale Innovation Center today announced that Cigna Medical Group (CMG) is opening a new, innovative health care center in SkySong 4, located in Scottsdale. CMG signed a long-term lease for an almost 9,000 square foot space on the ground floor of SkySong […]
News Release: Investing in community health: PMB/Vancouver Clinic JV to build new 80,225-square-foot clinic
FOR IMMEDIATE RELEASE As its 12th location, the facility will ensure that the largest private multispecialty clinic in Clark County, Wash., has a presence within 10 minutes of every resident in the county VANCOUVER, Wash., and SAN DIEGO, March 17, 2021 – Joint venture (JV) partners Vancouver Clinic and PMB recently held a small, socially […]
Feature Story: HRE execs foresee a big year for MOBs
The pandemic put an even brighter spotlight on the product type, Revista panel says By John B. Mugford For the past several years, professionals involved in the medical office building (MOB) sector have been saying that, aside from an economic downturn or total transformation of the healthcare system, there is just one thing that could […]
News Release: Atkins Companies Negotiates Lease to Bring Philadelphia Area Retinal Care Practice to Washington Square Town Center
For Immediate Release Lease brings number of regional specialty healthcare networks who currently have a presence at Gloucester County mixed-use community to seven Washington Township, N.J. (March 16, 2021) – Atkins Companies, a multigenerational commercial real estate development, investment, and property management firm, and its joint venture partner Woodmont Properties, announce that Mid Atlantic Retina […]
News Release: Anchor Health Properties Celebrates Groundbreaking and Collaboration of Tampa General Hospital and Kindred Healthcare for Freestanding Inpatient Rehabilitation Hospital
FOR IMMEDIATE RELEASE March 15, 2021 (Media, PA) — Key leadership from Kindred Healthcare and Tampa General Hospital recently celebrated the groundbreaking of a new ground-up 59-bed, 87,649 SF inpatient rehabilitation hospital which will offer expanded rehabilitation services to the local and regional Tampa Bay, FL community. Engaged as the development manager, Anchor Health Properties […]