News Release: Newmark Represents Providence in $84 Million Disposition of 468,000-Square-Foot Office Portfolio in Renton, Washington
Seattle, WA (December 29, 2022) — Newmark announces it has arranged the sale of Southgate Campus, a two-building Class A office campus totaling 268,000 square feet and Valley Office Park, a four-building 209,000-square-foot office park, in Renton, Washington. Seattle Children’s Hospital purchased the assets for a total of $84 million. Newmark Executive Managing Director Garth […]
News Release: Easterly Government Properties Completes the Sale of Final Property in the Previously Announced 10-Property Portfolio Disposition
WASHINGTON, Dec. 29, 2022, (BUSINESS WIRE)— Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that it has sold the final asset in the previously announced portfolio disposition, comprised of 10 […]
News Release: Bull Realty Arranges Sale of ± 27,000 SF Medical Office Building in Memphis, TN
Atlanta, Dec. 28, 2022 – Paul Zeman, President of Healthcare Real Estate Services and Partner at Bull Realty, represented the seller for the disposition of a ± 27,000 SF medical office building in Memphis, TN. The property located at 1727 Kirby Parkway was sold to Flagship Healthcare Properties for $9,600,000 on December 20, 2022. The […]
Feature Story: The top 10 healthcare real estate stories of 2022
A look at some big deals and JVs; slowing MOB sales; health system struggles By John B. Mugford As we entered 2022 and it looked as if the COVID-19 pandemic was finally in the rearview mirror, most of professionals involved healthcare real estate (HRE) were confident that good things were on the horizon for the […]
News Release: Flagship Healthcare Properties’ REIT Acquires Winter Haven Medical Office Building
Newly Renovated Property is home to Center for Retina and Macular Disease CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) located at 250 Avenue K SW in Winter Haven, Florida. The 27,910-square-foot property was originally built in 2005 and renovated in […]
News Release: Gemini Rosemont adds Peninsula Life Science Center eight-story office building to portfolio in all cash transaction
LOS ANGELES – December 21, 2022 – Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm specializing in Class A multi-tenant office and luxury residential properties, has acquired Peninsula Life Science Center for $59,350,000. The eight-story office building located at 1828 El Camino Real in the San Francisco Peninsula’s city of […]
News Release: Northmarq finalizes $20 million refinance of medical office property located in Beverly Hills central business district
Medical Office – Debt LOS ANGELES, CALIFORNIA (December 21, 2022) – Ory Schwartz, senior vice president/managing director of Northmarq’s Los Angeles debt/equity team arranged the $20 million refinance of a 126,567 sq. ft. class A office property. Located at 8750 Wilshire Boulevard in Beverly Hills’ central business district, the property was originally built in 1991 […]
News Release: Closing Announcement – Crouse Medical Center (Syracuse, N.Y.)
Newmark Healthcare Capital Markets nmrk.com CLOSING ANNOUNCEMENT HEALTHCARE CAPITAL MARKETS CROUSE MEDICAL CENTER HUB OUTPATIENT CAMPUS SYRACUSE, NY | DECEMBER 2022 175,000 SF ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Newmark announces the sale of the 175,000 square foot Crouse Medical Center, an outpatient campus along the “main and main” East Syracuse healthcare cluster of Brittonfield Parkway. The campus is nearly 100% […]
News Release: Flagship Healthcare Properties’ REIT Acquires Medical Office Building in Memphis
Property is home to two premier medical clinics CHARLOTTE, N.C., Dec. 21, 2022 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a fully-leased, Class A medical office building (MOB) in Memphis, Tennessee. The 26,913-square-foot property is located at 1727 Kirby Parkway and was originally built in 1984 but fully […]
News Release: Buchanan Street Partners Acquires Laguna Hills (Calif.) Medical Office Conversion Property For $28,100,000
Laguna Hills, CA (December 20, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Oakbrook Plaza, a four-story, 120,354 square foot office property in Laguna Hills, California. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a New York City-based fund manager for $28,100,000 in an […]
Feature Story: Outpatient is the place to be as demand rises
MOBs remain a haven for investors, Cushman webinar panelists say By John B. Mugford The COVID-19 pandemic brought about many changes in how people go about their lives and conduct business. One well-known trend that was already underway long before the pandemic is the rising proportion of patient care delivered in outpatient facilities. That change […]
News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project
News Release The state-of-the-art building at 3201 Cuthbert Street will be the largest life sciences research and lab facility in the city PHILADELPHIA, Dec. 19, 2022 – JLL’s Capital Markets group announced today that it has arranged a $290 million construction loan that will allow project partners Gattuso Development Partners and Vigilant Holdings of New […]
News Release: Recent Sale | Medical Office Building | California
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | December 19, 2022 1050 Iron Point Road, Folsom, CA 16,138 SF Medical Office Building We are pleased to announce the sale and lease of a single tenant medical clinic and imaging center building. The building is situated in a high demographic, Class A neighborhood, and […]
News Release: Remedy Medical Properties provides complete solution with acquisition and expansion of Urology Nevada MOB
FOR IMMEDIATE RELEASE A newly completed addition to the existing regional care center in Reno, Nev., brings the total size of the surgery center and medical office building to 29,830 square feet RENO, Nev., and CHICAGO, Dec. 19, 2022 – A joint venture (JV) partnership of Urology Nevada, the largest, most comprehensive urology practice in […]
For Sale: OFFERS REQUESTED – Trophy Medical Office Investment Opportunity in Downtown LA
OFFERS REQUESTED BY TUESDAY, JANUARY 10, 2023 – 5:00PM PDT CALL FOR OFFERS JAN. 10 TROPHY MEDICAL OFFICE INVESTMENT OPPORTUNITY IN DOWNTOWN 3rd St Medical Center 2100 WEST 3RD STREET | LOS ANGELES, CA AltaMed | Childrens Hospital Los Angeles | Providence Property Website Confidentiality Agreement CBRE 3rd Street Medical Center 2100 West 3rd Street Los […]