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News Release: New Marshall Medical Offices now open (Redwood City, CA)

News Release: New Marshall Medical Offices now open (Redwood City, CA)

The new Marshall Medical Offices on our Redwood City campus brings over 30 departments under one roof. The spacious new building, located near our hospital, houses primary care including Ob/Gyn and Pediatrics, and specialty care such as our Advanced Neuroscience Center. Marshall Medical Offices 905 Maple St. Redwood City, 94063 (enter underground parking from Marshall […]

Transactions: High demand: MOB sells for a record $1,367 PSF, sub-4% cap

Transactions: High demand: MOB sells for a record $1,367 PSF, sub-4% cap

137 signed NDAs, 13 bid and a USC-leased Newport Beach, Calif., facility sold for $41 million By John B. Mugford Prices for medical office buildings (MOBs) occupied by strong tenants, including credit-rated health systems, continue to increase, in some cases rising to levels unimaginable not too long ago. A case in point can be found […]

News Release: HPRG Expands Dental & Medical Transition & Realty Capabilities

News Release: HPRG Expands Dental & Medical Transition & Realty Capabilities

BETHESDA, MD, April 27, 2021 — HRPG (Health-Pro Realty Group) has expanded its team of commercial agents and transition experts, offering additional support to clients in the medical and dental fields, as well as commercial property owners and landlords. With decades of experience in medical and dental practice real estate, HPRG has developed specialized expertise […]

Feature Story: Pandemic could push MOB sales volumes even higher

Feature Story: Pandemic could push MOB sales volumes even higher

Panelists in Revista webcast discuss ways in which the crisis has changed deal-making By John B. Mugford Plenty has been written and said about the positive light that the COVID-19 pandemic has shed on medical office buildings (MOBs), including the fact that they have performed better and attracted interest from a wide range of investors […]

News Release: Ryan Companies Makes Four Major Promotions in Minneapolis

News Release: Ryan Companies Makes Four Major Promotions in Minneapolis

FOR IMMEDIATE RELEASE MINNEAPOLIS, Minn. (April 27, 2021) Ryan Companies US, Inc.; a national developer, builder, designer and property manager offering full-service commercial real estate solutions; is excited to announce four vice president promotions at its Minneapolis headquarters. Spanning multiple sectors and services, Brian Goodwin, Andrew Twito, Ashley Wurster and Jared Ziemke have assumed new […]

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Mesquite, TX

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Mesquite, TX

FOR IMMEDIATE RELEASE April 26, 2021 Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the purchase of the 65,000 square-foot, three-story Physicians Specialty Center in Mesquite, TX in a joint venture with Harrison Street, one of the leading investment management […]

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News Release: Universal Health Realty Income Trust Reports 2021 First Quarter Financial Results

Consolidated Results of Operations – Three-Month Periods Ended March 31, 2021 and 2020: NEWS PROVIDED BY Universal Health Realty Income Trust  Apr 26, 2021, 16:20 ET KING OF PRUSSIA, Pa., April 26, 2021 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2021, net income was $5.6 million, or $.41 per diluted share, […]

News Release: Recently Sold - Lake Health Beachwood Medical Center, Beachwood, OH

News Release: Recently Sold – Lake Health Beachwood Medical Center, Beachwood, OH

Newmark Global Healthcare Services Recently Sold: Lake Health Beachwood Medical Center Beachwood, OH Sold Date: 4.15.21 Sale Price: $58,250,000 Square Feet: 69,800 Description: A surgical hospital focused in orthopedics, urology, spine, general surgery and pain management Brokers: Todd Perman, CCIM Vice Chairman Global Healthcare Services 678.521.3454 tperman@ngkf.com Jay Miele Senior Managing Director Global Healthcare Services […]

News Release: CIT Serves as Sole Lead Arranger on $19.3 Million Financing for Texas Health Center

News Release: CIT Serves as Sole Lead Arranger on $19.3 Million Financing for Texas Health Center

NEW YORK — April 22, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $19.3 million loan to finance the acquisition of the Sugar Creek Health Center in Sugar Land, Texas. The Sugar Creek Health Center, an 84,646-square-foot medical office building located approximately […]

News Release: Specialty Services Now Open in Nemours Building on Sussex Campus

News Release: Specialty Services Now Open in Nemours Building on Sussex Campus

Specialty Services Now Open in Nemours Building on Sussex Campus Thursday, April 22, 2021 | Expanded Services, Bayhealth Sussex Campus Bayhealth and Nemours Children’s Health System recently marked the opening of the new Nemours Building at 101 Wellness Way, on the Bayhealth Sussex Campus, with a ribbon cutting ceremony. The event celebrated the opening of […]

News Release: Hanley Investment Group Sells Portfolio of Four Single-Tenant Properties Leased to Fresenius Kidney Care for $9.8 Million in Indiana and Texas

News Release: Hanley Investment Group Sells Portfolio of Four Single-Tenant Properties Leased to Fresenius Kidney Care for $9.8 Million in Indiana and Texas

Press Release Published: April 22, 2021 at 11:07 a.m. ET Apr 22, 2021 (AB Digital via COMTEX) — INDIANA & TEXAS – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of four properties that […]

News Release: Montecito Acquires New Medical Office Building Near Indianapolis

News Release: Montecito Acquires New Medical Office Building Near Indianapolis

FOR IMMEDIATE RELEASE April 22, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a new, fully occupied medical office building in the Indianapolis area. The property, located in the affluent suburb of Zionsville, encompasses 12,294 square feet. The building, completed in 2020 […]

News Release: BMO Harris Healthcare Real Estate Finance provides a $6.7 Million Credit Facility for Caddis Healthcare Real Estate

News Release: BMO Harris Healthcare Real Estate Finance provides a $6.7 Million Credit Facility for Caddis Healthcare Real Estate

BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $6.7 million term loan to Caddis Healthcare Real Estate for the acquisition of one medical office building located in Clayton, NC (Raleigh MSA) and totals 28.5K SF. The building is currently 100% occupied and features strong anchor tenants, such as […]

For Sale: Newmark Boston | I-95 Medical Office Portfolio | 575K SF Anchored by Lifespan (R.I. and Mass.)

For Sale: Newmark Boston | I-95 Medical Office Portfolio | 575K SF Anchored by Lifespan (R.I. and Mass.)

I-95 MEDICAL PORTFOLIO ANCHORED BY LIFESPAN Rhode Island & Massachusetts SQUARE FEET: 573,554 LEASED: 93% CREDIT HOSPITAL TENANCY: 62% WALT 4.4 Years ANCHOR TENANT: Lifespan The Miriam Hospital Robert E. Griffin, Jr. Co-Head U.S. Capital Markets (617) 863.8611 robert.griffin@ngkf.com Michael Greeley Senior Managing Director (617) 223.1623 mgreeley@ngkf.com Frank Nelson Executive Managing Director (617) 863.8617 fnelson@ngkf.com Newmark Healthcare […]

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News Release: Investor purchases MOB near Texas Medical Center in Houston

JLL Capital Markets led sales and financing efforts for Bellaire Medical Plaza; continues to see demand for well-located medical office properties HOUSTON – Apr. 21, 2021 – JLL Capital Markets announced today that it has closed the sale and arranged financing for Bellaire Medical Plaza, a 58,517-square-foot medical office building near the Texas Medical Center […]