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News Release: Purpose-built GMP development site near Boston trades hands

News Release: Purpose-built GMP development site near Boston trades hands

News release JLL Capital Markets closed the sale of the 18-acre site for a future GMP facility May 18, 2022 BOSTON, May 18, 2022 – JLL Capital Markets announced today that it has closed the sale of Billerica Crossing, an 18-acre land site in the northern Boston suburb of Billerica, Massachusetts. JLL marketed the land […]

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News Release: Construction to begin on new SMH Cancer Pavilion (Sarasota, Fla.)

Wednesday, May 18, 2022 SARASOTA, Fla. (May 18, 2022) – The Sarasota County Public Hospital Board on Monday authorized Sarasota Memorial staff to move forward with construction of a new 7-story Cancer Pavilion on Waldemere Street. Preliminary plans also call for an adjacent parking garage and skybridge connecting the pavilion to the oncology tower SMH […]

News Release: CAHST Bolsters Leadership Team with Appointment of Jason Colton as Chief Financial Officer

News Release: CAHST Bolsters Leadership Team with Appointment of Jason Colton as Chief Financial Officer

FOR IMMEDIATE RELEASE CHICAGO (May 18, 2022) – CA Health & Science Trust, Inc. (“CAHST”), a private real estate investment trust (REIT) focused on the acquisition and development of value-add and core-plus medical office and life science facilities across the U.S., today announced the appointment of Jason Colton as Chief Financial Officer. In his role, […]

News Release: Sale of Wisconsin medical office portfolio closes

News Release: Sale of Wisconsin medical office portfolio closes

JLL Capital Markets facilitated the sale of the four properties totaling 111,827 SF CHICAGO, May 18, 2022 – JLL Capital Markets announced today that it has closed the sale of a four-property, Class A medical office portfolio totaling 111,827 square feet in Milwaukee and Green Bay, Wisconsin. JLL marketed the properties on behalf of the […]

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Feature Story: Provider puzzle: To own or not to own MOBs?

BOMA MOB conference panel ponders the inflation-driven impact of rising construction costs and rents By John B. Mugford The percentage of medical office buildings (MOBs) developed and owned by third parties has increased steadily in recent years. But will rising rents prompt hospitals and health systems to reverse that trend? That was the crux of […]