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News Release: Meridian Sells Historic 53,000 SF Medical Office Building in Phoenix for $17.9 Million

News Release: Meridian Sells Historic 53,000 SF Medical Office Building in Phoenix for $17.9 Million

FOR IMMEDIATE RELEASE: PHOENIX, Ariz. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has closed escrow on the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000-square-foot medical office building in Phoenix, Arizona, Meridian has sold the building to a private […]

News Release: Harrison Street Sells $600 Million Portfolio Of Medical Office Properties

News Release: Harrison Street Sells $600 Million Portfolio Of Medical Office Properties

Highly Complex Transaction Comprises 27 Assets Held in Multiple Funds and More Than 1.2 Million Rentable Square Feet Across 10 States CHICAGO — April 19, 2022 — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the sale of 27 medical office building assets valued at approximately […]

News Release: Pinnacle Financial Partners Announces 1Q22 Dividend

News Release: Pinnacle Financial Partners Announces 1Q22 Dividend

April 19, 2022 05:35 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 27, 2022 to common shareholders of record as of the close of business on May 6, 2022. Additionally, the […]

News Release: Banner Health to build new hospital in Buckeye (Ariz.)

News Release: Banner Health to build new hospital in Buckeye (Ariz.)

Apr 19, 2022 11:55 AM MST New facility will support Phoenix area’s growing Southwest Valley PHOENIX (April 19, 2022) – Banner Health is planning construction for a new, comprehensive medical center in the Southwest Valley of metro Phoenix. Banner Health is the leading health care provider across metro Phoenix, recognized for building new hospitals and […]

Clarion Partners Real Estate Income Fund Inc. (CPREIF) has acquired the Fusion Life Science HQ property in Carlsbad, CA. Demand for laboratory and manufacturing space in the San Diego area has “increased astronomically” over the previous six quarters, according to a report. It also found that 2021 laboratory leasing activity totaled 2.1 million square feet – 24% more than the 2020 record annual total of 1.7 million square feet. (Photo: Business Wire)

News Release: Clarion Partners Real Estate Income Fund Inc. (CPREIF) Enters San Diego Life Sciences Market with New Acquisition in Carlsbad, CA

Investors see booming demand for life sciences R&D and laboratory facilities April 19, 2022 09:00 AM Eastern Daylight Time SAN MATEO, Calif.–(BUSINESS WIRE)–Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically expanded its property portfolio with the acquisition of Fusion Life Science HQ*, a 121,541 square foot hybrid creative office and research and development […]

News Release: Northwest Healthcare Properties Real Estate Investment Trust Announces Closing Of $765 Million Us Portfolio Acquisition

News Release: Northwest Healthcare Properties Real Estate Investment Trust Announces Closing Of $765 Million Us Portfolio Acquisition

April 19, 2022 at 7:00 AM EDT TORONTO, April 19, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the (TSX: NWH.UN) (“NorthWest” or the “REIT”), Canada’s leading global diversified healthcare real estate investment trust, announced today the closing of its previously announced $765 million (US$601.9 million) acquisition of 27 cure-focused healthcare properties located in the United States is now closed (the “US Portfolio”). […]

News Release: JLL arranges $600M sale of healthcare property portfolio across 10 states

News Release: JLL arranges $600M sale of healthcare property portfolio across 10 states

NEWS PROVIDED BY JLL Apr 19, 2022, 16:30 ET NorthWest Healthcare Properties REIT acquired the 27-property portfolio totaling 1.2M SF of medical office and hospital buildings CHICAGO, April 19, 2022 /PRNewswire/ — JLL’s Healthcare Capital Markets group announced today that it has closed the $600 million sale of a 27-property, best-in-class, core-quality healthcare real estate […]