News Release: Walz Capital Acquires 13,014 Square Medical Office Building in Sale Leaseback Transaction in Affluent Atlanta Suburb
ATLANTA, GA, July 26th, 2022 – Walz Capital today announced the acquisition of Atlanta Autism Centers, making this property their fourth property acquisition in the Greater Atlanta Area this year. The newly renovated, 13,014 square foot building is located in the rapidly growing suburb of Alpharetta, GA. Atlanta Autism Center‘s services include Autism Evaluation, Pediatric […]
Feature Story: Revista reports $8.2B in first half sales
Rents and occupancies are up; second generation MOBs are performing well By John B. Mugford With inflation on the rise and the cost of constructing new medical facilities continuing to escalate, who are the current and – at least for the near-term future – winners in the healthcare real estate (HRE) sector? In many cases, […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q22 and 1H22 Net Income per Share – Diluted of $1.67 and $0.74, respectively; and 2Q22 and 1H22 FFO per Share – Diluted, As Adjusted, of $2.10 and $4.15, respectively
PASADENA, Calif., July 25, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the second quarter ended June 30, 2022. Alexandria Real Estate Equities, Inc. All Rights Reserved ©2022 (PRNewsfoto/Alexandria Real Estate Equities, Inc.) Alexandria Real Estate Equities, Inc. All Rights Reserved ©2022 (PRNewsfoto/Alexandria Real Estate Equities, Inc.) Alexandria […]
News Release: Suburban Laboratories Lose Luster As Life Sciences Seek Urban Settings
Suburban research laboratories face increasing competition from urban centers as proximity to talent and capital drive life science companies’ site-location choices, said Joseph Simone of Simone Development Companies. BRONX, N.Y. (PRWEB) JULY 25, 2022 — Suburban research laboratories face increasing competition from urban centers as proximity to talent and capital drive life science companies’ site-location […]
News Release: Montecito Medical Acquires Surgery Center Building in Lynchburg, VA
Company expands large and growing footprint in state FOR IMMEDIATE RELEASE July 25, 2022 Montecito Medical has completed the acquisition of a surgery center building in Lynchburg, Virginia. The Surgery Center of Lynchburg property, which offers approximately 31,600 square feet, is, 100% occupied under a long-term lease. “We are pleased to add an excellent surgery […]
News Release: MH Deschaumes Advises LaSalle on Acquisition of UMichigan Campus Adjacent MOB
Grand Rapids, Mich. — Maarten Deschaumes advised LaSalle Investment Management, a leading real estate investment management firm and independent subsidiary of Jones Lang LaSalle (NYSE: JLL), on the off-market acquisition of 1673 Gezon Parkway, Wyoming in the suburbs of Grand Rapids. The newly constructed property is 100% leased to two leading specialty healthcare providers in […]
News Release: Just Closed: Medical Plaza at Rex
RALEIGH, N.C., June 22, 2022 — Charlotte-based, Insite Properties and BentalGreenOak are pleased to announce the acquisition of the Medical Plaza at Rex, the first medical office building acquired by the new strategic partnership formed to acquire medical office and healthcare properties. The property is located at 4414 Lake Boone Trail on the UNC Rex Healthcare […]
News Release: TRANSFORMATION IS IN THE BUILDING: RENOWN SOUTH MEADOWS MEDICAL CENTER AND NEXCORE GROUP BREAK GROUND ON A NEW FREE-STANDING TOWER
The new space is part of Renown’s larger facilities enhancement project spanning all campuses July 20, 2022 (RENO, Nev.) – It is with great excitement that Renown Health and NexCore Group announce the groundbreaking of a state-of-the-art Specialty Care Center at Renown South Meadows Medical Center. This three-story building will be adjacent to the existing […]
News Release: Montecito Medical Acquires Medical Office Property in Dillon, SC
Company builds on growing presence in Southeast DILLON, S.C., July 22, 2022 — Montecito Medical has completed the acquisition of Dillon Family Medicine office property in Dillon, South Carolina. The building, which offers approximately 24,000 square feet of space, is fully occupied by Dillon Family Medicine under a long-term lease. “We are excited by the […]
News Release: Newmark Arranges $8.8 Million Sale of Medical Office Building in Peoria, Arizona
FOR IMMEDIATE RELEASE Phoenix, AZ (July 21, 2022) — Newmark announces it has completed the $8.8 million sale of the Plaza Town Center Professional Plaza, a 26,970-square-foot medical office building located at 9139 W Thunderbird Road in Peoria, Arizona. Newmark Managing Director Kathleen Morgan represented the seller, Garnett Capital, in the sale to Evergreen Medical Properties. […]
News Release: Eikon Therapeutics Announces Lease for East Coast Base of Operations in New York City
HAYWARD, Calif. & NEW YORK, July 21, 2022 –(BUSINESS WIRE)–Eikon Therapeutics Inc., a biotechnology company that applies advanced engineering and high-performance computing to the identification of important new medicines, today announced the execution of a lease with Alexandria Real Estate Equities, Inc. for its new East Coast base of operations located in the Alexandria Center® […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of TGH Rehabilitation Hospital for $51.2 Million
July 21, 2022 10:24 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on investing in high quality healthcare properties along the continuum of care, today announced the acquisition of an inpatient rehabilitation facility (the “TGH Rehabilitation Hospital” or “Tampa IRF”) located in Tampa, […]
News Release: Amazon and One Medical Sign an Agreement for Amazon to Acquire One Medical
One Medical is a human-centered, technology-powered U.S. primary care organization on a mission to make quality healthcare more affordable, accessible, and enjoyable through a seamless combination of in-person, digital, and virtual care services One Medical combines in-person care in inviting offices across the country with digital health and virtual care services, making it easier for […]
News Release: Cushman & Wakefield San Diego Life Sciences Report Q2 2022
ECONOMIC OVERVIEW The total nonfarm employment in San Diego grew by 83,900 or +5.9% year-over-year (YOY) between May 2021 through May 2022. During the same time, the monthly unemployment rate decreased from 6.6% last year to 2.7% and is currently 100 basis points (bps) below the quarterly average of 3.7%.1 The annual unemployment rate is […]
News Release: Healthcare Realty Trust and Healthcare Trust of America Announce Closing of Merger
Press Release Company Release – 07/20/2022 Combination creates preeminent, pure-play medical office building REIT NASHVILLE, Tenn. and SCOTTSDALE, Ariz., July 20, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) and Healthcare Trust of America, Inc. (NYSE: HTA) (“Healthcare Trust of America” or “HTA”) today announced the closing of […]