News Release: News from HRE Capital
HRE CAPITAL HRE Capital was founded in 2008 with the goal of being the nation’s leading unconflicted capital markets advisory firm focused on the healthcare real estate sector. Since that time, the firm has been involved with over $14 Billion of assignments, has implemented some of the largest and most significant transactions in the sector and remains one of the most […]
News Release: Sold! Multi-Tenant Medical Office Building, Reno, NV
850 Mill Street Reno, Nevada Multi-Tenant Office Building Sold CBRE is to offer a centrally located, approximately 21,165 three-story medical office building located across from Renown’s regional hospital campus. The building comes with a rare extra parcel of land used for parking. The property provides easy access to downtown Reno and Interstate 580. At 74% […]
News Release: Newmark Completes $29.5 Million Sale of 5 Branch Street in Methuen, Massachusetts
November 12th, 2021 10:00am Marcus Partners sells medical office building anchored by Dana-Farber Cancer Institute to Celera Properties and AEW Newmark announces the $29.5 million sale of 5 Branch Street, a medical office building anchored by Dana-Farber Cancer Institute and located north of Boston in Methuen, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, […]
News Release: Ventas Sells Tustin Rehabilitation Hospital for $18M in Orange County, CA
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Advises $18 Million Sale of Tustin Rehabilitation Hospital in Orange County Rare, soon-to-be vacant hospital is a unique opportunity for reposition strategy TUSTIN, Calif., November 11, 2021 – Cushman & Wakefield announced the firm has advised the sale of Tustin Rehabilitation Hospital, a 73,180-square-foot medical […]
News Release: MPV Begins Development of 22,000 SF MOB in South Charlotte
November 10, 2021 | Press Release Charlotte, NC (November, 2021) – MPV Properties (“MPV”) is pleased to announce the planned development of a new 22,000 SF Medical/Office building in Charlotte, NC. The property is located at 11210 Golf Links Dr N., just outside I-485 along the Providence Road corridor, near the highly successful Waverly and […]
News Release: 2021 HREI Insights Awards Finalists announced
9th annual awards recognize excellence in HRE development and leadership MINNEAPOLIS – HREI is pleased to announce the finalists of the 2021 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-based HREI, the nation’s first […]
News Release: Pietro B.Q. Martinez of PMB earns California architecture license and AIA designation
FOR IMMEDIATE RELEASE PMB V.P., Architecture and Construction has both U.S. and international architectural experience in commercial, mixed-use, residential and medical projects SAN DIEGO, Calif., Nov. 10, 2021 – PMB, one of the nation’s leading healthcare real estate owners and developers across the continuum of care, announced that Pietro B.Q. Martinez, the company’s Vice President, […]
News Release: Orlando Health Begins Construction on Lake Mary (Fla.) Hospital
Hospital Executives, Local Leaders Gather for Groundbreaking Ceremony Lake Mary, FL (November 9, 2021) – A new era of healthcare is unfolding in Seminole County with the groundbreaking ceremony for Orlando Health Lake Mary Hospital. The new hospital represents the next phase of growth for Orlando Health’s Lake Mary campus. It will have 180 beds […]
News Release: NexCore Group Names Industry Veteran Phillip Barklow as its President of Experience Senior Living
FOR IMMEDIATE RELEASE Mr. Barklow joins the Denver-based real estate development company as the latest chapter in a long and successful career in the senior living space, after roles at Balfour, Atria and other firms Phillip Barklow has joined NexCore Group as President of its Experience Senior Living entity DENVER, Nov. 9, 2021 – Denver-based […]
Feature Story: CEOs share insights into JVs, pricing, running an HRE firm
Leaders of Rendina, Cornerstone and Welltower comprised a panel at BOMA MOB conference By John B. Mugford If there was an overriding theme to this year’s three-day BOMA MOB conference, which wrapped up Nov. 3 in Dallas, it was how so much new capital, including that from a wide range of institutional investors, has flooded […]
News Release: Dental Surgery to Anchor Development at Tamarack & I-494 (Woodbury, Minn.)
NEWS RELEASE FOR IMMEDIATE RELEASE SAINT PAUL (Monday, November 11th, 2021) – Excavators can be seen on-site at the corner of Bielenberg Drive and Tamarack Road preparing the land for a new multi-tenant, 30,000 square foot medical office building being developed by MSP Commercial. Construction began with earthwork in late September on the site located […]
News Release: Realty Trust Group Celebrates Northside’s Groundbreaking Ceremony in Cobb County
(ATLANTA, GA – November 2021) On November 3, 2021 leaders from Realty Trust Group (“RTG”) participated in a private ceremony for the groundbreaking of Northside Hospital’s expansion into Cobb County. RTG provided advisory services through the purchase and zoning of the land as well as the design and pre-construction of the 60,000 medical office building. […]
News Release: Montecito Medical Acquires Bedford Medical Plaza in DFW Market
FOR IMMEDIATE RELEASE November 8, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Bedford Medical Plaza in Bedford, Texas, an affluent suburb in the Dallas Fort Worth Metroplex. The property, which offers just over 25,000 square feet of space, is 100% leased. […]
News Release: CA Health and Science Trust Announces Fourth Medical Office Acquisition
FOR IMMEDIATE RELEASE The more than 95,000-square-foot, highly accessible and visible property located in Elgin, Illinois is across from a major regional hospital and home to prominent healthcare tenants CHICAGO (November 4, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on […]
News Release: Avison Young brokers $6.1 million sale of a 24,000-sf medical office property in Torrance, CA
Los Angeles, CA – Avison Young announced today it has brokered the $6.1 million sale of Torrance Medical Plaza, a multi-tenant, 24,000 square-foot (sf) medical office building located at 19000 Hawthorne Boulevard in Torrance, CA. Avison Young Principals David Maling, Chris Maling and Patrick Barnes, who are based in the company’s downtown Los Angeles office, […]