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News Release: CBRE Investment Management Fund Invests in Four-Building Medical Office Portfolio in Orange County, California

News Release: CBRE Investment Management Fund Invests in Four-Building Medical Office Portfolio in Orange County, California

Firm Looks to Further Increase Investment Nationally in Sector it Expects to be Recession-Resistant 23 Aug 2022 CBRE Investment Management, on behalf of a fund it manages, has acquired a four-building medical office portfolio totaling 282,683 square feet in the coastal gateway market of Orange County, California, through a joint venture with Healthcare Realty Trust. […]

News Release: Fairfield Advisors Announces $5,500,000 Sale of Tucson Orthopedic Institute MOB

News Release: Fairfield Advisors Announces $5,500,000 Sale of Tucson Orthopedic Institute MOB

TUCSON, Aug. 23, 2022 — Fairfield Advisors announced that it has facilitated the sale of the Tucson Orthopedic Institute Medical Office Building located at 12315 N. Vistoso Park Drive in Oro Valley, AZ. Fairfield represented the seller in the transaction. The building was built in 2017 and totals 10,500 square feet. Tucson Orthopedic Institute is the […]

Breaking News: Capital Real Estate Group Announces Sale of Two-Property Senior Housing Portfolio

Breaking News: Capital Real Estate Group Announces Sale of Two-Property Senior Housing Portfolio

CENTRAL MICHIGAN, Aug. 23, 2022  — Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a two-property senior housing portfolio consisting of 139 units that span over 126,000 square feet. The portfolio is located in central Michigan where the two communities are located adjacent to one another and […]

Feature Story: Are MOB sales slowing ?

Feature Story: Are MOB sales slowing ?

Opinions vary, but most agree that debt costs are up and there’s a gap in bid-ask pricing By John B. Mugford Sure, medical office building (MOB) sales have been on a tear in the 12 months leading up to the end of the second quarter (Q2) of this year, totaling an all-time high of $21.2 […]

News Release: Newmark Completes Sale of Hermosa Beach Office Building for $19.5 Million

News Release: Newmark Completes Sale of Hermosa Beach Office Building for $19.5 Million

HERMOSA BEACH, Calif., Aug. 23, 2022 — Newmark[1] announces it has completed the $19.5 million sale of 2200 Pacific Coast Highway, a three-story, executive office building in Hermosa Beach, California. Newmark Private Capital Group’s Vice Chairman Sean Fulpand Managing Directors Ryan Plummer and Mark Schuessler in partnership with Executive Managing Directors Geoff Ludwig and Eric Lastition […]