News Release: Woodside Health Announces Acquisition of Arrowhead Executive Center in Glendale, AZ – Phoenix MSA
FOR IMMEDIATE RELEASE CLEVELAND, OH (June 10, 2021) – Woodside Health is pleased to announce its acquisition of Arrowhead Executive Center, eight buildings located at 17235 North 75th Avenue, Glendale, AZ, part of the Phoenix MSA. The buildings have almost 100,000 square feet and feature a strong mix of 27 tenants. “These buildings are similar […]
News Release: New 90,000 SF Medical Campus, Future Home of Center for Special Surgery to Break Ground (West Fargo, N.D.)
JUNE 11, 2021 On Friday, June 11, Center for Special Surgery (CSS) held a groundbreaking event for their new Medical Office Building located along 23rd Ave in West Fargo behind Costco with visibility from I-94. The new building is part of a 90,000 SF Class A medical campus that will house multiple clinics, including an […]
News Release: Just Sold: Newly Built Single-Tenant Specialty MOB | Reno, Nevada
ANNOUNCEMENT HREA | Healthcare Real Estate Advisors is pleased to announce the sale of a newly constructed medical office building (MOB) located in Reno, NV. Consisting of approximately 21,500 SF, the state-of-the-art MOB was designed and built for Urology Nevada, the most comprehensive urology practice in northern Nevada. Completed in 2019, the facility is utilized […]
News Release: Anchor Health Properties Acquires Best in Class 37,000 Square Foot Medical Office Building and Ambulatory Surgery Center in Metro New York City Market
FOR IMMEDIATE RELEASE June 11, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently invested in a 37,818 square foot Class A Medical Office Building in the Englewood, New Jersey submarket of the New York City MSA. Built in […]
News Release: Suprva Healthcare Group, Inc. Plans to Acquire Medical Office Building in California
June 11, 2021 08:30 ET | Source: Supurva Healthcare Group, Inc. Liverpool, New York, June 11, 2021 (GLOBE NEWSWIRE) — Supurva Healthcare Group, Inc. (OTC Pink: SPRV) (the “Company”) announced today that it has signed a Letter of Intent to acquire a Medical Office Building (“MOB”) in Northern California. John D. Murphy Jr., the Company’s […]
News release: GI Specialty Group Expanding into Vadnais Heights (Minn.)
NEWS RELEASE FOR IMMEDIATE RELEASE GI Specialty Group Expanding into Vadnais Heights MINNEAPOLIS (Thursday, June 10, 2021) – Groundwork started just after Memorial Day on an undeveloped site central to the Vadnais Heights community. The location, just off 35E on County Road E and Arcade Street, is the future home of a nearly 23,000 square […]
News Release: Transwestern expands healthcare operational platform with asset services veteran
Stacy Walker to Oversee Southeast Region Healthcare Portfolio (JUNE 10, 2021 – ATLANTA) – Transwestern Real Estate Services (TRS) announces it has expanded its healthcare operational platform with the addition of Stacy Walker as Vice President, Healthcare Asset Services. Based in Atlanta, Walker will oversee the company’s Southeast Region healthcare portfolio and activities, including managing […]
News Release: Mixed-use property in West Hartford (Conn.) sells for $40.5M
JLL Capital Markets arranges sale of fully integrated retail, office, medical office and multi-housing asset BOSTON, June 10, 2021 – JLL Capital Markets announced today that it has closed the $40.5 million sale of Blue Back Square, a dynamic 445,661-square-foot mixed-use property with ground floor retail, best-in-class office and medical office space, along with 48 […]
News Release: Montecito Acquires Medical Office Building in Houston Suburban Marketplace
FOR IMMEDIATE RELEASE June 10, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in the Houston suburb of The Woodlands. The 23,731 square-foot facility, built in 2006, is 100% leased to two well-established provider groups, Northwoods Urology and […]
News Release: Leadership Promotions at ERDMAN – Scott Nugent and Paul DuCharme
FOR IMMEDIATE RELEASE June 9, 2021 Leadership Promotions at ERDMAN Madison, Wis. – As ERDMAN continues to grow, our architectural and engineering efforts are consistently evolving to be more client focused, innovative, and reflect ERDMAN’s culture. Such exciting times are also represented by two recent leadership promotions. ERDMAN promoted Scott Nugent to Senior Vice President […]
News Release: Maine Medical Partners Opens New Medical Office Building in Scarborough (Maine)
June 09, 2021 The office building brings together related practices in a regional center for specialty care with state-of-the-art equipment. PORTLAND, Maine – Maine Medical Partners (MMP) has opened a new 108,000-square-foot medical office building at 92 Campus Drive in Scarborough, bringing together neurology, neurosurgery, rehabilitative medicine, otolaryngology (ear, nose and throat) and vascular surgery […]
News Release: Seavest acquires Brooklyn medical office building anchored by NYU Langone Health
FOR IMMEDIATE RELEASE The eight-story, 72,270-square-foot, fully leased MOB in the densely populated Midwood neighborhood is the firm’s latest addition to its growing core real estate investment strategy BROOKLYN and WHITE PLAINS, N.Y., June 9, 2021 – Seavest Healthcare Properties has added to its growing core real estate investment strategy with the acquisition of an […]
News Release: CaroMont Health Kicks Off Construction for New Hospital, Medical Campus in Belmont (N.C.)
06-08-2021 By CaroMont Health This week, CaroMont Health marked the beginning of construction of a new hospital and medical campus in Belmont. Part of CaroMont Health’s commitment to invest more than $300 million in new and expanded facilities in and around Gaston County over the next three years, CaroMont Regional Medical Center-Belmont is scheduled to […]
News Release: Harrison Street Announces $1.6 Billion in Transformational Medical Office and Senior Housing Transactions
Highly Complex Transactions Comprising 40 Properties Across Eight States and Multiple Counterparties Highlights Harrison Street’s Sector Expertise, Deep Relationships, and Execution Ability June 08, 2021 12:00 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced it has entered into a series of […]
Feature Story: What to expect in a red-hot MOB sales market
InterFace investor panel discusses the market and how firms are adjusting By John B. Mugford As the country emerges from the COVID-19 pandemic and the demand and pricing for medical office buildings (MOBs) remains as hot as ever, perhaps buyers looking for hidden opportunities might want to venture into a-once-desirable, but-now-downtrodden area: downtowns. “You know, […]