News Release: LPC West and Intercontinental Real Estate Corporation Close on Future 9-Story Life Sciences Building Near Seattle’s Space Needle
SEATTLE, Sept. 15, 2022, (BUSINESS WIRE)–LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has partnered with Intercontinental Real Estate Corporation (“Intercontinental”) to close on a future 9-story office building near Seattle’s Space Needle, with plans to develop the property into a life sciences space. Located on the border of […]
News Release: Broadmark Realty Capital Unveils New Brand Identity, Announces First Mezzanine Loan
New company website, logo represent Broadmark’s ongoing commitment to providing smart, reliable, rapid investment solutions $10 million mezzanine loan will finance the acquisition of retail center in Issaquah, Wash.; reflects evolution and diversification of company’s product offering Broadmark also recently provided a nearly $25 million loan for the acquisition of a self-storage portfolio, including properties […]
News Release: NexCore Group orthopedic medical office building opens in Omaha, Neb. suburb
OrthoNebraska Council Bluffs facility now open in Iowa DENVER, Sept. 14, 2022 /PRNewswire/ — Just over a year after breaking ground in Council Bluffs, Iowa, Denver-based health care real estate developer NexCore Group is celebrating the grand opening of a new orthopedic medical office building (MOB) located at 1260 Valley View Drive in Council Bluffs. […]
News Release: Realty Trust Group Helps Develop and Manage New UT Medical Center Orthopaedic Institute
KNOXVILLE, Tenn., Sept. 15, 2022 — Realty Trust Group (RTG) partnered with leaders from The University of Tennessee (UT) Medical Center, OrthoTennessee, and UT Research Park at Cherokee Farm to develop a new orthopaedic institute in Knoxville, TN. For a video on the project, please click here. “This joint venture facility provides the opportunity to better […]
News Release: Colliers South Florida announces that Kim Kretowicz, a Colliers Healthcare Services (HCS) fellow, will lead a newly formed Healthcare Investment Sales division with the South Florida Investment Services Team.
For Immediate Release MIAMI, FL, | September 15, 2022 – Colliers announced today that Kim Kretowicz has been promoted to Senior Managing Director and will lead a newly formed Healthcare Investment Sales division with the South Florida Investment Services Team. “We’re excited to welcome Kim, an accomplished Colliers broker and pioneer in her field, to […]
News Release: Vitalis Acquires Off-Market MOB for $6,250,000 in Rochester, NY.
The transaction closed on September 15th, 2022. Vitalis closed on a 19,000 SF campus adjacent medical office building located at 1255 Portland Ave in Rochester, NY. The building sold for $6,250,000 or $328 / SF. Rochester Radiology, Rochester Colon and Rectal Surgeons and Rochester Podiatry lease 100% of the facility on long term NNN leases. […]
News Release: Vitalis Acquires Off-Market MOB for $7,050,000 in Columbus, OH.
COLUMBUS, Ohio, Sept. 15, 2022 — Vitalis acquired a 19,210 SF Surgical Dermatology and ASC facility located at 428 County Line Rd W, Westerville, OH 43082. The building sold for $7,050,000 or $367 / SF. The Tenant, Qualderm Partners, occupies 100% of the facility on a long term NNN lease. The purpose built facility offers […]
Life Sciences: LSRE conversions from coast to coast
From car dealerships to department stores, its seems that almost any property is fair game By Murray W. Wolf With lab space at a premium in nearly every cluster, life sciences real estate (LSRE) developers and investors have proposed or started construction of a dizzying array of mostly speculative facilities so far this year. There […]
News Release: STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
STORE Capital Stockholders to Receive $32.25 Per Share in Cash September 15, 2022 08:00 AM Eastern Daylight Time SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO–(BUSINESS WIRE)–STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, and GIC, a global […]
