Feature Story: ASCs are attracting more investors
Newmark report: 2021 transaction volume was $316M; cap rate was 6.02 percent By John B. Mugford Medical office buildings (MOBs) are certainly one of the hottest property types in the commercial real estate investment world. This is evident by the record-breaking sales volume of MOBs in 2021 which, according to healthcare real estate (HRE) data […]
News Release: Orthopedic Care Partners Expands Footprint in The Villages with Additional Medical Office Building and Ambulatory Surgery Center
May 24, 2022 09:00 AM Eastern Daylight Time GAINESVILLE, Fla.–(BUSINESS WIRE)–Orthopedic Care Partners (OCP), a strategic partner and support organization for top-performing orthopedic practices currently comprised of The Orthopaedic Institute (FL), The Steadman Clinic (CO), Motion Orthopaedics (MO), Tucson Orthopaedic Institute (AZ), and other leading affiliated practices, today announced that The Orthopaedic Institute (TOI) is […]
News Release: Easterly Government Properties Completes Acquisition of VA – Marietta, the Sixth of 10 Properties in the VA Portfolio
May 23, 2022 09:00 AM Eastern Daylight Time WASHINGTON–(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 the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Pleasant Hills Medical Office Building for $14.0 Million
May 19, 2022 03:41 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on healthcare properties, today announced the acquisition of a multi-tenant medical office building located in Pleasant Hills, Pennsylvania (the “Pleasant Hills Healthcare Facility”) for a contract purchase price of $14.0 million, […]
News Release: Laramar Group Acquires UC Health Orchards Medical Center in Colorado
Laramar Group Acquires UC Health Orchards Medical Center; 41,580-SF Medical Office Building is in Loveland, CO market May 23, 2022 – The Laramar Group, a leading national real estate investment and property management company, has acquired UC Health Orchards Medical Center at 221 E. 29th St., Loveland, CO for its Laramar Medical Properties Fund I. The […]
News Release: Anchor Health Properties Closes on Nearly 36,000 Square Foot Off Market Transaction in Greater Atlanta MSA
FOR IMMEDIATE RELEASE May 23, 2022 (Atlanta, GA) Continuing to grow the company’s multi-asset owned and managed portfolio across Georgia, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a two story, 35,497 square foot Class A outpatient medical office […]
News Release: Sold – Brand New State-of-the-Art MOB & ASC | Flagstaff, AZ
SOLD STATE-OF-THE-ART BRAND NEW MOB ASC Flagstaff, AZ Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a brand new medical office building and integrated ambulatory surgery center located in Flagstaff, AZ. Recently completed in 2022, the state-of-the-art facility was specially designed and built for Northern Arizona […]
News Release: JUST CLOSED I Tustin Medical Arts Center | ±45,771 SF Total
Just Closed Tustin Medical Arts Center Tustin, California Successfully Represented Buyer and Seller Transaction Highlights + Attractive Centrally Located Multi-Tenant Medical Office Portfolio with Cash Flow in the Heart of Tustin + Excellent Four-Building Office Space Featuring Signage Opportunities Adjacent to a Signalized Intersection, Low-Rise Building Access, and Exceptional Neighboring Retail Amenities + CBRE Best in Class […]
News Release: Just Financed – Congress Executive Center
Capital Markets | Healthcare & Life Sciences Just Financed CBRE Transaction Highlights Date Closed 05/12/2022 Size 40,210 SF Occupancy 100% Congress Executive Center CBRE U.S. Healthcare and Life Sciences Capital Markets has arranged the acquisition financing for Congress Executive Center (the “Property”), located in Boynton Beach, Florida. Sabrina Solomiany, Zack Holderman and Jesse Greshin acted as exclusive advisors […]
News Release: NAI James E. Hanson Negotiates Sale of 10,000 Square-Foot Medical Office Condominium in Paramus, N.J.
For Immediate Release Paramus, N.J. (May 19, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 10,000-square-foot medical office condominium at 81 Route 4 East in Paramus, N.J. NAI James E. Hanson’s Team Lizzack-Horning led by Darren Lizzack, MSRE, and […]
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 […]
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
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
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 […]
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 […]