News Release: STAN JOHNSON COMPANY ARRANGES 1031 EXCHANGE OF FORT MYERS, FLORIDA NURSING FACILITY FOR $46.7 MILLION
FORT MYERS, Fla., Oct. 3, 2022 — Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a four-star skilled nursing facility located at 13960 Plantation Road in Fort Myers, Florida. The 57,650-square-foot building is fully leased to Lee Memorial Health, a Southwest Florida community-owned health system. The […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Houston, Texas
DALLAS, Texas, Oct. 3, 2022 – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the acquisition of a medical office building located at 4120 Southwest Freeway, Houston, Texas. River Oaks Medical Center is a two story, 38,236 square foot medical office building at […]
Feature Story: Investors are being more cautious
InterFace conference panelists discuss their strategies in a volatile market By John B. Mugford A recession might be looming (if it’s not already here), interest rates are on the rise and landing debt financing for making acquisitions in the healthcare real estate (HRE) space is perhaps as difficult as it’s been for a number of […]
News Release: Woodside Health sells 23,328-square-foot medical office building in Novi
JLL closes sales on 97 percent occupied Novi Wellness Center DETROIT, October 3, 2022 — JLL is pleased to announce that Woodside Health sold the Novi Wellness Center, a 23,328-square-foot office building located at 39500 West Ten Mile Rd. in Novi, Michigan, to private equity firm Excelsior Capital. The property, which is 97 percent occupied, […]
News Release: BioMed Realty partners with Babraham Research Campus Limited to expand the Campus and its ecosystem
BioMed Realty and Babraham Research Campus Ltd to deliver 40,000 square foot building through a new joint venture This development represents BioMed’s investment in its third building on the Campus and provides much needed space for scale-ups in the Cambridge, UK market The joint venture anticipates investing an additional £26 million to develop this facility […]