News Release: Guardian Realty Investors Announce New Life Sciences Laboratory at 20400 Observation Drive, Germantown, MD
GERMANTOWN, MD (AUGUST 2022) – Guardian Realty Investors, LLC announced their new life sciences lab location at 20400 Observation Drive, Germantown MD, known as OBSERVATION LABS. This re-imagined former industrial and technology building will also provide extraordinary amenities, gathering spaces and best-in-class finish levels. Guardian is a developer and operator of office, multi-family and specialized […]
News Release: EASTERLY GOVERNMENT PROPERTIES REPORTS SECOND QUARTER 2022 RESULTS
WASHINGTON, D.C. – August 2, 2022 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June 30, […]
News Release: CBRE Facilitates Sale of 28,700-SF Office and Medical Building in Chula Vista for $8.8 Million ($318/PSF)
CHULA VISTA, Calif., Aug. 2, 2022 — CBRE arranged the sale of a 28,700-sq.-ft. office and medical building in Chula Vista for $8.8 million, or $318 per square foot, to an out-of-town private investor. CBRE’s Matt Pourcho, Anthony DeLorenzo, Matt Harris, Chris Williams and Ramin Salehi represented the seller, Coseo Properties Inc. “We continue to […]
News Release: Riverside Doctors’ Hospital Williamsburg Breaks Ground on On-Campus Medical Office Building
Williamsburg, Va., Aug. 2, 2022 — Today, Riverside Doctors’ Hospital Williamsburg (RDHW) held a celebratory groundbreaking ceremony to commemorate the construction for an on-campus medical office building (MOB) scheduled to open in Spring of 2024. The MOB will integrate the specialty services offered in Williamsburg onto RDHW’s campus to better serve the community and streamline […]
Life Sciences: Red-hot LSRE sector poised for a bit of a cooldown
However, panelists at recent LSRE conference in San Diego remain bullish on the space By John B. Mugford SAN DIEGO – For the past decade or so, the life sciences real estate (LSRE) sector has been a “magical” space for facility owners. That’s because the LSRE sector – which primarily includes office/lab space, but also encompasses […]
News Release: Sale of life science building in suburban Philadelphia closes
News release JLL Capital Markets facilitated the sale of 466 Devon Park Dr., a fully leased lab facility in Wayne, PA August 02, 2022 PHILADELPHIA – August 2, 2022 – JLL Capital Markets announced today that it has closed the sale of 466 Devon Park Dr., a 155,200-square-foot GMP rated lab facility in Wayne, Pennsylvania, […]
News Release: NYC Healthcare Innovation Campus, Cure®, Fuels Economic Growth
17 companies across the healthcare industry join Cure’s ecosystem More than $550 million raised by residents since 2021 Cure hosts 40 industry events engaging 2,000 healthcare leaders to date NEW YORK, Aug. 2, 2022–(BUSINESS WIRE)–Cure, a New York City healthcare innovation campus designed by Deerfield Management, fuels economic growth. The Cure building has attracted 17 […]
News Release: Sale of life science building in suburban Philadelphia closes
JLL Capital Markets facilitated the sale of 466 Devon Park Dr., a fully leased lab facility in Wayne, PA PHILADELPHIA – August 2, 2022 – JLL Capital Markets announced today that it has closed the sale of 466 Devon Park Dr., a 155,200-square-foot GMP rated lab facility in Wayne, Pennsylvania, a suburb of Philadelphia. JLL […]
News Release: CareTrust REIT Provides Secured Loan on California Skilled Nursing Facilities
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $22,250,000 “B” piece secured loan in connection with the acquisition of a 5-asset skilled nursing portfolio in California. The portfolio includes approximately 600 skilled nursing beds. The “B” piece of the secured term loan carries a three-year maturity with two, 1-year […]
Thought Leaders: Fed rate hike creates stable path forward for healthcare real estate investment
JLL Healthcare Capital Markets Healthcare Perspectives July 2022 Concerns about interest rate increases softening in near term Change in the SOFR Forward Rate Curve Source: Kensington Capital Advisors Key points: • Fears about mounting interest rates subsided with the Federal Reserve’s announced rate hike of 75 basis points on July 27, providing welcome relief for real […]
News Release: Omega Reports Second Quarter 2022 Results and Recent Developments
Completed $73 Million in New Investments HUNT VALLEY, Md., Aug. 1, 2022–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2022. SECOND QUARTER 2022 AND OTHER HIGHLIGHTS Net income for the quarter of $92 million, or $0.38 per common share, compared to $87 […]
News Release: CBRE Hires Senior Executive James Bennett to Bay Area Life Sciences Team
Bennett adds over 30 years of experience in life sciences sector across the West Coast Palo Alto, Calif. – Aug. 1, 2022 – CBRE announced the hire of James Bennett as Vice Chairman in Palo Alto. Mr. Bennett will join CBRE’s life sciences practice in the San Francisco Bay Area, bringing over 30 years of […]
News Release: Strong life sciences demand fuels $82M sale of Fremont Labs
JLL Capital Markets led the sales efforts for the Class A life sciences asset in the Bay area’s Central I-880 corridor SAN FRANCISCO – August 1, 2022 – JLL Capital Markets announced today that it has closed the $82 million sale of Fremont Labs, a recently renovated, Class A life sciences property totaling 89,000 square […]
News Release: Avison Young markets Regency Medical Campus in Ohio
Chicago, IL, Aug. 1, 2022 – Avison Young today announced it has negotiated the sale of a three-building 110,780 square-feet (sf) class A medical office complex at 1000-3000 Regency Court in Toledo, Ohio. Avison Young’s Mike Wilson and Erik Foster, Principals based in the firm’s Chicago office and members of the national healthcare capital markets […]
News Release: HEALTHCARE REAL ESTATE GROUP ASTORIA HEALTHCARE PROPERTIES CHANGES NAME TO MONUMENT HEALTHCARE DEVELOPMENT
Leawood, Kansas — Aug. 1, 2022 — Kansas-based healthcare real estate group Monument Healthcare Development (MHD) has rebranded from its former name, Astoria Healthcare Properties, ahead of planned strategic growth for its development footprint in the U.S. Monument Healthcare Development is a premier healthcare real estate group focused specifically on facility development solutions for physicians, […]
