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News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Class A Office/Medical Building in San Diego for $8.1 Million

News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Class A Office/Medical Building in San Diego for $8.1 Million

For Immediate Release SAN DIEGO, Calif. – November 30, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding office/medical project of 26,945 square feet in Escondido (San Diego), California. Located at 800 W Valley Pkwy, the two-story property sold for $8.1 million to an owner/occupier. The buyer was The […]

News Release: TCC Breaks Ground on 282,700-SF Life Science Development in Seattle; Pre-Leases 124,000 SF

News Release: TCC Breaks Ground on 282,700-SF Life Science Development in Seattle; Pre-Leases 124,000 SF

Seattle, WA | November 30, 2022 Rendering of 1916 Boren exterior Trammell Crow Company (TCC), a global commercial real estate developer, and partner Washington Capital Management, on behalf of their clients, have broken ground on a new life science development in Seattle. Rising 11 stories, 1916 Boren will include 282,700 square feet of life science […]

News Release: Davis to begin developing 35,000-square-foot Eagan Specialty Center in Eagan, Minn.

News Release: Davis to begin developing 35,000-square-foot Eagan Specialty Center in Eagan, Minn.

Located in a highly visible, accessible location off Highway 55, this will be the first multi-tenant medical office building developed in Eagan in the past decade MINNEAPOLIS and EAGAN, Minn., Nov. 30, 2022 – Minneapolis-based developer Davis announced that it will soon begin construction on a 35,000-square-foot multispecialty clinic and ambulatory surgery center (ASC) in […]

News Release: Thomas Park Investments Launches $75 Million Value-Add Fund

News Release: Thomas Park Investments Launches $75 Million Value-Add Fund

Partners with insurance company to lead the investment vehicle November 30, 2022 10:25 AM Eastern Standard Time ANNAPOLIS, Md.–(BUSINESS WIRE)– – Thomas Park Investments today announced it has secured commitments for a $75 million value-add fund. The Fund, known as Thomas Park Growth Fund I, has the capacity to acquire $250 million of real estate. […]

News Release: AEW Capital Management and Flagship Healthcare Trust form joint venture and acquire eight ambulatory surgery centers across the country

News Release: AEW Capital Management and Flagship Healthcare Trust form joint venture and acquire eight ambulatory surgery centers across the country

CHARLOTTE, N.C. — AEW Capital Management L.P. (AEW) and Flagship Healthcare Trust (Flagship REIT), a Charlotte-based healthcare real estate investment trust, are pleased to announce the formation of a joint venture and subsequent acquisition of eight ambulatory surgery centers (ASCs) across seven states in a series of successive transactions. This portfolio of ASCs includes 145,561 […]

News Release: Just Financed - Ionis Pharmaceuticals Campus

News Release: Just Financed – Ionis Pharmaceuticals Campus

Capital Markets | Healthcare & Life Sciences Just Financed State-of-the-Art Life Sciences Campus 100% Absolute Net Leased to Ionis Pharmaceuticals Transaction Highlights Date Closed 10/20/2022 Size 246,699 GSF Leased 100% Ionis Pharmaceuticals Campus CBRE U.S. Healthcare and Life Sciences Capital Markets has arranged acquisition financing for the Ionis Pharmaceuticals Campus (the “Campus”), located in Carlsbad, […]

Feature Story: Lending lull in the HRE sector

Feature Story: Lending lull in the HRE sector

HREI editorial board members discuss the current difficulties associated with debt By John B. Mugford Spooked by economic uncertainty, most major publicly traded healthcare real estate (HRE) lenders have “put their pencils down” for the rest of 2022, making it difficult for developers and investors to obtain debt. So 2023 development and sales volume will […]

News Release: Urban Growth Capital Announces New Indianapolis - Chicago Commercial Real Estate Investment Partnership

News Release: Urban Growth Capital Announces New Indianapolis – Chicago Commercial Real Estate Investment Partnership

New Partnership Acquires Shore Terrace Medical Center on Indy’s Northwest Side November 29, 2022 09:00 ET | Source: Urban Growth Capital INDIANAPOLIS, Nov. 29, 2022 (GLOBE NEWSWIRE) — A partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies recently acquired the Shore Terrace Medical Center, a 42,627-square-foot Class A Medical Office […]

News Release: Woodside Health Announces Acquisition of Blake Park – Tampa/Sarasota Area

News Release: Woodside Health Announces Acquisition of Blake Park – Tampa/Sarasota Area

FOR IMMEDIATE RELEASE CLEVELAND, OH (November 18, 2022) – Woodside Health is excited to announce its acquisition of Blake Park, a six-building medical and office property located at 1802-1894 59th Street West and 5939-5959 17th Avenue West in Bradenton, FL, just south of Tampa and part of the Sarasota MSA. The buildings total 55,517 square […]

News Release: Easterly Government Properties completes acquisition of VA - Phoenix, the eighth of 10 properties in the VA Portfolio

News Release: Easterly Government Properties completes acquisition of VA – Phoenix, the eighth of 10 properties in the VA Portfolio

WASHINGTON, D.C. – November 28, 2022 – Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the previously announced […]

James Callister

News Release: CareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment Officer

November 28, 2022 08:00 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022. Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period […]

News Release: Pipeline Health and Resilience Healthcare Reach Agreement for Sale of Two Chicago Hospitals

News Release: Pipeline Health and Resilience Healthcare Reach Agreement for Sale of Two Chicago Hospitals

Pipeline Health System, LLC, has reached an agreement with Resilience Healthcare and Ramco Healthcare Holdings, LLC, to purchase Pipeline’s two Chicago hospitals, West Suburban Medical Center in Oak Park and Weiss Memorial Hospital in Chicago’s Uptown neighborhood. Pending approval of a motion submitted late Tuesday to the U.S. Bankruptcy Court for the Southern District of […]

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Feature Story: Still ‘recession-resistant,’ but HRE could see some bumps

Inflation, higher interest rates and stressed providers challenge HRE By John B. Mugford Since the Great Recession of 2007-09, healthcare real estate (HRE) professionals have touted the strengths of the sector and the product type, going so far as to refer to medical facilities as “recession resistant.” Healthcare facilities performed comparatively well during that crisis, […]

News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Renovated Office/Medical Project in San Diego for $7.4 Million

News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Renovated Office/Medical Project in San Diego for $7.4 Million

For Immediate Release Crown Point Systems Inc. acquires Midway District asset and will occupy part of project SAN DIEGO, Calif. – November 22, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a two-building office/medical project totaling 28,630 square feet in San Diego, California. Known as Loma Starr, the pair of […]

News Release: ERDMAN Partners with Aestique on New Ambulatory Surgical Center

News Release: ERDMAN Partners with Aestique on New Ambulatory Surgical Center

Firm to build new surgery center facility in Greensburg, Pennsylvania Madison, Wis. (Nov. 21, 2022) – ERDMAN, a national leader in healthcare and senior living planning, design, construction, and real estate development, recently broke ground on Aestique’s new Ambulatory Surgical Center in Greensburg, Pennsylvania. Officials at Aestique engaged ERDMAN to plan, design, and deliver a […]