News Release: The Sanders Trust Completes Development Of 50,000 Square Foot Anderson Rehabilitation Institute
FOR IMMEDIATE RELEASE July 27, 2021 New Inpatient Rehabilitation Facility Located in Illinois Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the construction completion of Anderson Rehabilitation Institute, an inpatient rehabilitation hospital in Edwardsville, Illinois. The Sanders Trust was selected as […]
News Release: IRA Capital Acquires Medical Office Portfolio In San Antonio, Tx
July 26, 2021 IRA Capital (“IRA”) is pleased to announce the acquisition of a portfolio of three medical office buildings totaling more than 55,000 square feet located in San Antonio, TX. The buildings are 100% leased to Gastroenterology Consultants of San Antonio (“GCSA”) on a NNN basis with existing long term leases in place, providing […]
News Release: Universal Health Realty Income Trust Reports 2021 Second Quarter Financial Results
Consolidated Results of Operations – Three-Month Periods Ended June 30, 2021 and 2020: NEWS PROVIDED BY Universal Health Realty Income Trust Jul 26, 2021, 16:20 ET KING OF PRUSSIA, Pa., July 26, 2021 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended June 30, 2021, net income was $6.6 million, or $.48 per diluted share, as […]
News Release: McCarthy Breaks Ground on Texas Children’s Hospital in Austin
365,000-square-foot facility to bring top pediatric, fetal and OB/GYN care to Central Texas AUSTIN – July 26, 2021 – McCarthy Building Companies, Inc. has begun construction on Texas Children’s Hospital for children and women in Austin. The freestanding hospital, which will serve families in Austin and Central Texas, is scheduled to be completed in the […]
July/August 2021
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Cover Story: Under the radar overachievers
Optimal Outcomes has quietly developed more than 100 healthcare facilities in the past 20 years By John B. Mugford Saying that Optimal Outcomes, a longtime, successful healthcare real estate (HRE) development firm with a strong track record, flies under the radar when compared to HRE firms with national platforms isn’t just an observation from an […]
Project Case Study: Difficult road, beautiful MOB
MedProperties Group overcomes multiple obstacles to deliver Mercy Medical Commons II in Gilbert, Ariz. By Erin E. Porter The motivational speaker Zig Ziglar’s quote, “Difficult roads lead to beautiful destinations,” is one that healthcare real estate (HRE) developers might want to copy and paste in their minds as a constant reminder. After all, developing a […]
News Release: 56,000 Sf Ambulatory Surgery Center, Medical Office Buildings Trade In San Antonio
Transaction Includes 100% Leased MOBs in the City’s Three Largest Medical Centers (JULY 21, 2021 – SAN ANTONIO) – Transwestern Real Estate Services (TRS) announces its Healthcare Advisory Services team has brokered the sale of Gastroenterology Consultants of San Antonio’s Ambulatory Surgery Center and three of its medical office buildings, totaling 55,457 square feet. The […]
News Release: Just Closed – Vista Medical Plaza, Vista, CA
JLL Investment Advisory JLL Healthcare Capital Markets Just Closed: Vista Medical Plaza Vista, California The JLL Healthcare Capital Markets Group is pleased to announce the sale of Vista Medical Plaza, a two-story, 54,703 square foot multi-tenant medical office building located adjacent to the 320-bed Tri-City Medical Center in Vista, CA. In 2016, the Property underwent […]
News Release: Local healthcare company signs 21,187 SF industrial/flex lease in Inglewood, California
JLL represents Venice Family Clinic in lease for warehousing and office space LOS ANGELES, July 21, 2021 – JLL announced today that Venice Family Clinic, a nonprofit community health center providing comprehensive, high-quality primary health care to people in need, has signed a new lease for an entire 21,187-square-foot industrial/flex building located at 8933 S. […]
News Release: Avison Young closes $5.55M REO sale of 35,078 RSF JFK Medical Building in Lake Worth, Florida
20 JUL 2021 Significant market sale underscores high demand for distressed and medical office assets as inventory remains low Lake Worth, Fla. – Avison Young’s Florida Capital Markets Group closed the $5.55 million distressed asset sale of the JFK Medical Building, a four-story, multi-tenant medical office building totaling 35,078 rentable square feet. Situated in one […]
News Release: Just Sold – Centura Porter Adventist Medical Office Portfolio
July 15, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD CENTURA PORTER ADVENTIST MEDICAL BUILDING PORTFOLIO DENVER, CO TRANSACTION HIGHLIGHTS DATE SOLD: 7/15/2021 SIZE: ±253,984 SF Centura Porter Adventist Medical Building Portfolio CBRE U.S. Healthcare & Life Sciences Capital Markets is pleased to announce the sale of the Centura Porter Adventist Medical Building Portfolio. […]
News Release: Renovated Medical Office Building Sells for $3.8M in Phoenix, AZ
For Immediate Release Thriving multi-tenant building in Paradise Valley a highly desirable location and asset PHOENIX, Ariz., July 20, 2021 – Cushman & Wakefield announced today the firm has brokered the investment sale of a two-story 17,918-square-foot office and medical building in Phoenix, Arizona. Known as 4600 Medical Plaza. The garden-style property is located at […]
Transactions: Anchor keeps finding deals in a tight MOB market
Firm makes four purchases for a total of more than $100 million in the first two weeks of July By John B. Mugford Media, Pa.-based Anchor Health Properties has certainly grabbed plenty of headlines in recent months, but rightly so. For example, on June 23 HREI reported on Anchor’s purchase in a joint venture with […]
