Feature Story: Capital markets success formula: patience and fortitude
The economy is going to be in for ‘a bouncy ride’ for a while, Revista panelists said By John B. Mugford Under current market and economic conditions, what with inflation and interest rates on the rise, “patience” is a virtue for those involved in investing in the healthcare real estate (HRE) sector. “This an environment […]
News Release: CBRE Arranges $17.75 Million Sale of Office Property in Thousand Oaks for Life Sciences Conversion
Los Angeles, CA March 13, 2023 CBRE arranged the sale of a 98,776-sq.-ft. office building in Thousand Oaks, CA., for $17.75 million, along with $42 million in financing for the acquisition and speculative conversion of a life sciences campus. CBRE’s Mike Longo, Sean Sullivan and Todd Tydlaska represented the seller in the transaction, a Los […]
News Release: Mount Carmel Health System Breaks Ground on New Hospital in Dublin (Ohio)
Mount Carmel Dublin will provide new emergency services, operating rooms, diagnostic suites, primary care, and other services to patients in northwest communities Columbus, Ohio – Mount Carmel Health System is proud to announce the groundbreaking of its newest hospital in Dublin, Ohio. The new hospital will be located near I-270, Sawmill Road, and Emerald Parkway, […]
News Release: Quantum Real Estate Advisors, Inc. Brokers Sale-Leaseback of a Single-Tenant Medical Office Asset in Byron, MN
Chicago, IL (March 13th, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 221 2nd Ave. SW, Byron, MN. The property is occupied by Bluestem Center for Autism who signed a long-term lease upon closing. The seller of the property was looking for a capital […]
News Release: Mission Street and BentallGreenOak joint venture to begin delivering 100,000 square feet of lab space in Cambridge
New development known as The Press, Foxton being delivered through a three-phase masterplan to transform a 7.8-acre site into a 100,000 square feet science and innovation campus Construction is starting on phase one of the scheme, which will deliver the next available space in the Cambridge ecosystem The scheme will provide much needed near-term fitted […]
News Release: Elevate Research Properties Announces New Development On Upper East Side Of Manhattan
Iron Horse Labs To Be Located at the Birthplace of Legendary Baseball Player Lou Gehrig NEW YORK –March 13, 2023 – Elevate Research Properties, the life science subsidiary of Taconic Partners, have revealed plans for its latest project: a 200,000 square foot Class A research lab on the Upper East Side of Manhattan. The project […]
News Release: JLL Awarded Medical Leasing Assignment for Redevelopment at Westfield Old Orchard
The multimillion-dollar redevelopment will make the prestigious shopping center in Chicago’s iconic North Shore one of the most attractive locations as a one-stop-shop for convenient healthcare and top retail and hospitality experiences. SKOKIE, Ill., March 13, 2023 – JLL announced today that Westfield Old Orchard, the renowned shopping center near Chicago’s North Shore, will be […]
News Release: Franklin Street Arranges $11.2M Sale of Class A Medical Office Building in Winter Garden
Flagship Healthcare Properties acquired the 100% occupied multi-tenant property ORLANDO, FL (March 10, 2023) – Franklin Street has arranged the sale of a newly built, 23,241-square-foot Class A medical office building in the Orlando suburb of Winter Garden for $11.2 million, or $481.90 per square foot. Franklin Street Director Matthew Weinberger, who specializes in healthcare […]
For Sale: Piedmont Fayette Hospital Campus MOBs. Two Campus Connected MOBs Featuring 11.9 Years of WALT
Piedmont Fayette Hospital Campus MOBs | Atlanta MSA Two Class A+ Medical Office Buildings Featuring 11.9 Years of WALT Located on the Campus of the Piedmont Fayette Hospital The Offering ADDRESS: 1265 East & 1267 West | Highway 54 W | Fayetteville, GA 30214 OFFER PRICE: Best Offer PROPERTIES: 2 TOTAL SIZE: 192,363 SF LEASED: […]
News Release: Partners Real Estate brokers sale of 10,243-sq.-ft. office building in Phoenix, Arizona
Phoenix, AZ, March 9, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 10,243-sq.-ft. Medical office building located at 8410 W Thomas Road – Bldg 3 in Phoenix, Arizona. Partners’ Ryan McCullough and Tyler Jaynes represented the Seller in the transaction. For […]
News Release: Vitrian and The Howard Hughes Corporation Form Joint Venture to Develop Life Science Projects in The Woodlands, Texas
March 08, 2023 02:25 PM Eastern Standard Time THE WOODLANDS, Texas–(BUSINESS WIRE)–Vitrian, a national platform providing an end-to-end solution for mission-critical biomanufacturing facilities, and The Howard Hughes Corporation (NYSE: HHC) announced today their formation of a joint venture to develop cGMP/Biomanufacturing facilities in HHC’s award-winning master planned community of The Woodlands. Building upon the rapidly […]
News Release: McLaren Macomb (Mich.) Harrington Medical Center Is Now Open
MARCH 07, 2023 CLINTON TOWNSHIP, Mich.—McLaren Macomb, the Mount Clemens-based hospital serving all of Macomb County through its network of outpatient facilities, is set to open its largest medical office building to date. Following more than a year of construction and in partnership with SensusOne, Harrington Medical Center has begun its phased opening and is […]
Feature Story: Todd J. Meredith – Carrying on the legacy
Todd J. Meredith of Healthcare Realty is the 2022 HRE Executive of the Year By John B. Mugford Since its founding in 1992, Healthcare Realty Trust (NYSE: HR) has been viewed as one of the healthcare real estate (HRE) sector’s steadiest and most reliable investors. Maybe the publicly traded real estate investment trust (REIT) wasn’t […]
Feature Story: Cap rates are on the rise
Mike Hargrave, Hilda Martin present updated info at Revista MREIF conference By John B. Mugford Amid all of the uncertainty in the healthcare real estate (HRE) sector due to rising interest rates and inflation, Mike Hargrave, principal with Arnold, Md.-based HRE data firm Revista, noted during the firm’s recent conference in Bonita Springs that there […]
News Release: COMMUNITY HEALTHCARE TRUST INCORPORATED ANNOUNCES APPOINTMENT OF DAVID H. DUPUY AS CEO AND TO BOARD OF DIRECTORS
FRANKLIN, Tenn., March 7, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced that its Board of Directors appointed David H. Dupuy, who has served as the Company’s Interim Chief Executive Officer since February 10, 2023, to be the Company’s Chief Executive Officer on a permanent basis, effective as of March […]
