News Release: Acquisition of future Houston-area cGMP life science facility closes
JLL Capital Markets arranged the acquisition of the 76,000-square-foot 9501 Lakeside Blvd. in The Woodlands, Texas WASHINGTON, D.C., August 24, 2022 – JLL Capital Markets announced today that it has closed the acquisition of 9501 Lakeside, a future 76,000-square-foot, cell therapy manufacturing facility located in The Woodlands within the Houston, Texas, MSA. JLL represented the […]
News Release: COMMONWEALTH SELECTS PARTNER FOR TRANSFORMATION OF HURLEY BUILDING
$1B+ Project Will Activate an Underutilized Site in Downtown Boston with Life Sciences & Mixed-Use Redevelopment, Solving Decades of Site Challenges BOSTON, Aug. 24, 2022- Today, the Baker Polito Administration announced the designation of Leggat McCall Properties (LMP) as the Commonwealth’s partner to redevelop the Charles F. Hurley Building. The project will catalyze substantial economic […]
News Release: Sonoma Biotherapeutics Signs Long-Term Lease to Create New 83,000-SF Treg Cell Therapy R&D and Manufacturing Center in Seattle
Cushman & Wakefield and JLL represented the tenant in the long-term lease transaction SEATTLE, Wash., August 24, 2022 – Cushman & Wakefield and JLL today jointly announced that the firms have represented Sonoma Biotherapeutics, Inc. in a long-term lease agreement to develop an approximately 83,000-square-foot Research and Development (R&D) and Manufacturing Center in Seattle, Washington. […]
News Release: HREA Announces Michael Altieri as Director of Healthcare Real Estate Investment Sales
CHARLOTTE, NC, Aug. 24, 2022 — HREA | Healthcare Real Estate Advisors is pleased to announce that Michael Altieri has joined the firm as Director of Healthcare Real Estate Investment Sales. Located in HREA’s Charlotte, North Carolina office, Michael will be primarily responsible for HREA’s growth and expansion in the Midwest and Eastern U.S. Michael has […]
News Release:Sonoma Biotherapeutics Enters Long-Term Lease Agreement to Establish a Treg Cell Therapy R&D and Manufacturing Center
Center will be devoted to research, development and manufacturing of novel regulatory T cell (Treg) therapies for autoimmune and inflammatory diseases Center will house a cGMP-compliant manufacturing facility designed to produce cell products at scale for upcoming clinical trials across Sonoma Bio’s gene-modified Treg programs SOUTH SAN FRANCISCO, Calif. & SEATTLE, Aug. 24, 2022–(BUSINESS WIRE)–Sonoma […]
News Release: Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis
August 24, 2022 08:48 AM Eastern Daylight Time CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance & Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the […]
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
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
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 ?
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
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 […]
News Release: Voyages Behavioral Health Announces Plans for Dallas Location
Voyages Behavioral Health Announces Plans for Dallas Location DALLAS, TX – August 22, 2022 – Voyages Behavioral Health (“Voyages” – an affiliate of PAM Health) is pleased to announce the future opening of Voyages Behavioral Health of Dallas, a state-of-the-art behavioral health hospital. Voyages Behavioral Health of Dallas will be located at 3320 Live Oak, […]
News Release: Montecito Medical Acquires Medical Office Property Near Tucson, AZ
August 22nd 2022 Real Estate Montecito Medical has completed the acquisition of a specialty medical office property in suburban Tucson, Arizona. The building, which offers 10,270 square feet of space, is fully occupied by Tucson Orthopaedic Institute under a long-term lease. “We are excited by the opportunity to acquire another excellent asset in Arizona and […]
News Release: CAHST Celebrates One-Year Anniversary
The REIT’s anniversary commemorates an excellent first year of milestones, positioning itself for future growth CHICAGO (August 22, 2022) – CA Health & Science Trust, Inc. (“CAHST”), a private real estate investment trust (REIT) focused on the acquisition and development of medical office and life science facilities across the U.S., this week celebrates its first […]
News Release: Birmingham-Developed VA Clinic Opens in Des Moines, Iowa
Birmingham, Ala., Aug. 19, 2022— Johnson Healthcare Real Estate, a Birmingham, Alabama-based development and management firm, recently celebrated the opening of the newest outpatient clinic for the U.S. Department of Veterans Affairs (VA) in Des Moines, Iowa. The clinic features primary care, mental health, physical medicine and rehabilitation, prosthetics and sensory aids, radiology, pathology and […]
