News Release: AdventHealth announces details for new Riverview hospital
03/15/2021 Tampa, FL – Leaders for AdventHealth West Florida Division have announced plans to build a 209,000 square foot, four-story hospital in Riverview, Florida. The health care system will break ground on the $216 million project beginning Fall 2021 and plans to open the hospital Spring 2023. “We are excited to continue our growth strategy […]
News Release: Lendlease Celebrates Opening of NewYork-Presbyterian Brooklyn Methodist Hospital Center for Community Health
(New York, March 15, 2021) Lendlease, a leading global real estate group, today joined NewYork-Presbyterian Brooklyn Methodist Hospital in celebrating the hospital’s opening of its new Center for Community Health, a state-of-the-art ambulatory care facility in Park Slope. Constructed from the ground up by Lendlease, the 400,000-square-foot facility houses 12 operating rooms for ambulatory surgery, […]
News Release: Montecito Medical Acquires Real Estate of HALO Breast Care Center in Chico, CA
FOR IMMEDIATE RELEASE March 15, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired the real estate of a comprehensive, state-of-the-art medical building in Chico, California, that houses the HALO Breast Care Center. The two-story, 14,000 square-foot facility was constructed in 2000 and is 100% leased […]
News Release: Supurva Healthcare Group, Inc. Acquires First Medical Office Building
Liverpool, New York (March 15, 2021) – Supurva Healthcare Group, Inc. (OTC Pink: SPRV) is proud to announce that the Company has acquired its first medical office building in Jupiter, Florida. John D. Murphy, the Company’s CEO commented, “with the Company’s acquisition of a free-standing medical office building, the Company is well positioned to becoming […]
News Release: Just Sold – Sugar Creek Health Center
MARCH 12, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD SUGAR CREEK HEALTH CENTER Sugar Land, TX TRANSACTION HIGHLIGHTS DATE SOLD: 03/11/2021 SIZE: 90,014 SF OCCUPANCY: 93% Sugar Creek Health Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Sugar Creek Health Center (the “Property”). Chris […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
March 12, 2021 03:00 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life […]
News Release: McCarthy Begins Construction on Banner Gateway Medical Center Tower and Emergency Department Expansion and Renovation
IN THE NEWS: 03.12.2021 Accelerated construction begins on the $243 million expansion project being achieved by collaborative Integrated Project Delivery structure. McCarthy recently broke ground on the $243 million, 351,000-square-foot Banner Gateway Medical Center Tower and Emergency Department expansion and renovation project, located at 1900 N. Higley Road in Gilbert, Arizona. The expansion essentially doubles […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
12 March 2021 New York, March 12, 2021 – Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life Sciences […]
News Release: Birmingham Firm Adds to Project Management Team
FOR IMMEDIATE RELEASE March 12, 2021 Eddie Hill Named New Project Manager at Johnson Birmingham, Ala. — Johnson Healthcare Real Estate, one of the nation’s leading privately-owned firms specializing in the planning, financing, development, and management of medical facilities, is proud to welcome Eddie Hill to its Project Management group. Hill will serve as Project […]
News Release: Dialysis Center Sells For $2.1 Million In Jacksonville (Fla.)
JACKSONVILLE, FL, March 11, 2021 – 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 DaVita, a net-leased property located in Jacksonville, FL, according to David G. Bradley, regional manager of the firm’s Tampa office. The asset sold […]
News Release: NIC acquires VisionLTC to create data powerhouse for senior housing and skilled nursing sectors
FOR IMMEDIATE RELEASE: Thursday, March 11, 2021 NIC MAP Vision brings data needed by investors, operators and others together under one brand The National Investment Center for Seniors Housing & Care (NIC) has acquired Raleigh, NC-based VisionLTC, a leading data analytics platform serving many of the industry’s largest and most advanced stakeholders. Together, NIC and […]
News Release: Pinnacle Announces Sale of 59,326 RSF Medical Office Park in Broomfield, Colo.
March 10, 2021 Medical Office Park Sale in Broomfield Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 59,326 rentable square foot medical office park for $16,850,000 ($284/RSF) located at 3301-3305 West 144th Avenue in Broomfield, Colorado. Corey Sandberg, Advisor, represented the seller, BPC Holdings, LLC in the transaction. “During this […]
News Release: Net leased Oak Street health property sale arranged
Date March 10, 2021 The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant net leased Oak Street Health property located at 1401 Western Avenue in Chicago Heights, Illinois for $4,835,629. The 13,943 square foot net leased Oak Street Health medical building is located at the hard corner of […]
Transactions: The final tally: $11.04 billion in MOB sales
Revista confirms that total volume topped $11 billion for the fifth straight year in 2020 By John B. Mugford In late January, Arnold, Md.-based Revista, a research firm focused on providing a wide variety of healthcare real estate (HRE) data to its subscribers, reported that medical office building (MOB) sales had “preliminarily” totaled $10.2 billion […]
Companies: HTA makes $129M of Q4 purchases
After $181M of acquisitions in 2020, REIT projects $300M-$600M for 2021 By John B. Mugford After remaining somewhat quiet during much of a pandemic-ridden 2020, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) finished the year with a more-active fourth quarter (Q4). In a recent business update as well as its Q4 results, the […]
