News Release: PMB & The Springs Living Break Ground on a 360,000 SF | 12-Story Senior Living Facility on the Vancouver (Wash.) Waterfront
FOR IMMEDIATE RELEASE This project is part of a 32-acre master plan on the Columbia River that will provide a differentiated seniors living community alongside parks, restaurants, retail, apartments, hotels and waterfront open-space. VANCOUVER, WASH., Apr. 27, 2022 – A celebratory groundbreaking ceremony took place on Tuesday, April 19, 2022, to mark the commencement of […]
News Release: The Sanders Trust Breaks Ground on 150-Bed Behavioral Health Hospital
FOR IMMEDIATE RELEASE April 19, 2022 New 123,230-sq. ft. Facility Located in Massachusetts Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the groundbreaking of Baystate Behavioral Health Hospital in Holyoke, Massachusetts. The Sanders Trust was selected as the owner and developer […]
News Release: NexCore Group and CHI Health Break Ground for New Clinic in Omaha, Neb.
The 28,700-square-foot CHI Health Clinic Elkhorn, which will offer primary care, physical therapy, and behavioral health services, will be developer NexCore’s eighth healthcare project with CHI Health Top: The one-story, 28,700-square-foot CHI Health Clinic Elkhorn is scheduled to be completed in summer 2023. Bottom: Executives of CHI Health and NexCore Group gathered for a groundbreaking […]
Feature Story: MOB sales are off to a hot start: $3.8 billion in Q1 2022
It will likely be the biggest quarter ever by the time all the data is in, Revista says By John B. Mugford The year 2021 got off to what could certainly be described as a lackluster start in terms of medical office building (MOB) sales. In fact, the first quarter (Q1) of 2021 saw an […]
News Release: Newmark Facilitates Sale of High Volume Surgery Partners Outpatient Surgery Center in Wichita, Kansas
FOR IMMEDIATE RELEASE Wichita, KS (April 27, 2022) — Newmark announces it has completed the $15.3 million sale of Cypress Surgery Center, a 33,620-square-foot outpatient surgery center located within the Cypress Medical Park in Wichita, Kansas. Newmark Executive Managing Director Ben Appel, in cooperation with Vice Chairman Bert Sanders, represented both the seller, DeSanto Realty […]
News Release: Montecito Medical Acquires Medical Office Property in Hazelton, PA; Newmark Acts as Advisor to the Transaction
Facility tenant is market leader Lehigh Valley Health Network FOR IMMEDIATE RELEASE April 25, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Lehigh Valley Health Network’s Health and Wellness Center in Hazelton, Pennsylvania. The 73,255-square-foot, multi-tenant building is 100% leased to Lehigh […]
News Release: Newmark Arranges $127 Million Sale of Downtown Seattle Block with Life Science Redevelopment Potential
April 27th, 2022 9:00am Newmark announces it has completed the $126.75 million sale of the Loyal Inn Block, a 1.6-acre redevelopment site located at 2300 Seventh Avenue North and 2301 Eighth Avenue in Seattle, Washington. The property traded in an off-market transaction which had multiple bidders from Clise Properties, Inc., a family-owned and -operated Seattle […]
