News Release: 50/50 Joint Venture acquires on-campus MOB for $4.7 M in Taunton, Massachusetts
FOR IMMEDIATE RELEASE Off-market transaction closed November 30 for a 100% leased on-campus medical office anchored by Steward Health Care. Taunton, Massachusetts (November. 30, 2021) Elliot LaBreche, the founder of Vitalis, and David Hamilton, principal of PSRS, acquired a 18,000-sqaure-foot on campus medical office building located at 91 Washington Street in Taunton, Mass. LaBreche & […]
News Release: New Medical Facility Joining Growing Pinnacle Hills Area
Nov 30, 2021 The commercial real estate market in the business district of Pinnacle Hills, Rogers is growing at a record pace, including a brand new medical office at 3720 S. Champion Drive developed by Cushman & Wakefield | Sage Partners for Advanced Orthopaedic Specialists’ (AOS) and the Northwest Arkansas Center for Plastic Surgery & […]
News Release: GFH acquires $200m medical offices portfolio in the US leased to Cleveland Clinic and Texas A&M University
GFH acquires 11 assets across seven states as part of strategy to focus on sectors positioned for continued long-term growth and solid fundamentals Manama, Bahrain. 30 November 2021: GFH Financial Group has acquired a portfolio of medical offices in the US worth around $200 million as part of its strategy to build a portfolio of […]
News Release: HCA Healthcare Announces Plans to Build Three Hospitals in Florida
November 30, 2021 08:30 AM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE: HCA), one of the nation’s leading healthcare providers, today announced plans to build three new acute care hospitals in Florida to help meet the state’s growing need for healthcare services. The new hospitals include a 90-bed acute care facility in Gainesville, […]
News Release: Montecito Acquires Second Medical Property in Fort Worth Suburb of Bedford
FOR IMMEDIATE RELEASE November 30, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a facility housing a histology lab in Bedford, Texas, an affluent suburb in the Dallas Fort Worth Metroplex. The property, which offers 16,328 square feet of space, is 100% […]
News Release: Innovative Office Space Inspires Inclusion and Illumination
Prism Health North Texas Moves into New Administrative Offices on Junius Street DALLAS – November 29, 2021 – Prism Health North Texas (PHNTX) is proud to introduce their new administrative and executive office headquarters and patient services center at 3900 Junius Street on the Baylor Medical Center Campus (BUMC). Located on the third floor of […]
Cover Story: Anchor has its biggest year yet
2021 saw the firm make acquisitions totaling about $900M; development and property management platform are also continuing to grow By John B. Mugford In just its fifth full year of having an acquisitions platform, one of the healthcare real estate (HRE) sector’s long-standing firms, Anchor Health Properties, had, by far, its best year of making […]
November/December 2021
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News Release: SRS’ National Net Lease Group Brokers the $2.89 Million Sale of a Single-Tenant Medical Office Property Occupied by Heartland Dental in West Palm Beach, FL
West Palm Beach, FL (November 24, 2021) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $2.89 million off-market sale of a single-tenant medical office property fully occupied by Heartland Dental. The 3,533-square-foot property is located at 8961 Okeechobee Boulevard in West Palm Beach, FL. SRS NNLG’s Executive […]
Feature Story: Mega deals, micro cap rates and new investment platforms
BOMA ‘Notable Transactions’ panel takes a closer look at some headline-grabbing deals By John B. Mugford So far, the year 2021 – a year in which healthcare real estate (HRE) has been elevated to unprecedented heights in the eyes of investors – has undoubtedly produced some notable acquisitions and deals in the medical office building […]
News Release: MedCraft Investment Partners Acquires Retail Healthcare Building in St. Paul
FOR IMMEDIATE RELEASE A 22,721 square-foot medical office building within high traffic retail shopping center Minneapolis, Minn. – November 23, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the fully leased medical office building further expanding their Minneapolis-St. Paul portfolio. The building located at 1390 University Ave […]
News Release: Northwestern Medicine Opens 50,000 Square-Foot Medical Office Building in Bloomingdale
NOVEMBER 23, 2021 The newly expanded and renovated Northwestern Medicine Medical Office Building in Bloomingdale, Illinois is now open. The 50,000 square-foot facility at 231-235 S. Gary Avenue is one of Northwestern Medicine’s largest outpatient facilities and features numerous medical specialties all under one roof. The project involved the acquisition of additional space and a […]
News Release: Landmark Land Holdings Sells 11-Acre Site to City of Alexandria’s Industrial Development Agency
IDA signs 99-year lease with INOVA for new Alexandria hospital NEWS PROVIDED BY The Howard Hughes Corporation Nov 23, 2021, 08:41 ET POTOMAC, Md., Nov. 23, 2021 /PRNewswire/ — Landmark Land Holdings, LLC—a joint venture that includes Foulger-Pratt, The Howard Hughes Corporation® (NYSE: HHC) and Seritage Growth Properties (NYSE: SRG)—today announced the successful sale of an […]
News Release: Montecito Acquires Endoscopy Center Medical Building in Sherman, TX
FOR IMMEDIATE RELEASE November 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an endoscopy center in Sherman, Texas. The property, which offers 14,458 square feet of space, was completed in 2021. The building is […]