News Release: Done Deal: Blueprint Behavioral Delivers… Detroit Style
Blueprint deploys collaborative marketing strategy to achieve best-in-class pricing on long-term single-tenant-leased behavioral hospital Developed in 2021 by Leo Brown Group, a regional owner/developer in the healthcare space, and leased to a major Michigan health system, this geriatric behavioral hospital had approximately 13.5 years remaining on an absolute net lease at time of sale … […]
News Release: Newmark Arranges Sale of Vacant Office Tower in Westside Los Angeles’ Century City Market
LOS ANGELES, April 5, 2023 —Newmark[1]announces it has arranged the sale of 9911 West Pico Boulevard, a vacant 15-story office building located in Century City, California. Also known as “beverlywest,” the building totals approximately 258,544 square feet. The asset sold for an undisclosed amount. Newmark Co-Head of Capital MarketsKevin Shannon, Executive Managing Directors Ken White […]
News Release: Life Sciences Manufacturing Leader, Meissner, to Build New Manufacturing Facility in Athens, Georgia
ATLANTA, Georgia, U.S.A. – April 5, 2023 – Governor Brian P. Kemp announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems for the development and manufacture of pharmaceutical drugs, therapeutics, biologics, and cell and gene therapies, will invest nearly $250 million in a new manufacturing facility in Athens-Clarke County. The […]
News Release: Capital Real Estate Group sells Hope Orthopedic Portfolio
Capital Real Estate Group CREG | U.S. Healthcare Investment Sales team is pleased to announce the sale of a four-building medical office portfolio located in Salem, Oregon and totaling 54,606 SF. The properties are 100% leased to Hope Orthopedics, one of the leading orthopedic practice’s in Oregon, comprised of fifteen (15) physicians and thirteen (13) […]
News Release: Stockdale Capital Partners Announces The Launch Of Its Open-Ended Healthcare Fund And Its Initial Acquisition, 2100 West 3rd Street Medical Center In Los Angeles
FOR IMMEDIATE RELEASE SCP Healthcare Real Estate Income Fund to focus on core-plus, healthcare real estate opportunities across the U.S. LOS ANGELES – April 04, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it completed its acquisition of 2100 West 3rd Street Medical Center in Los Angeles […]
Thought Leaders: CBRE Q4 2022 National Healthcare & Life Sciences Real Estate Investor Update
Q4 2022 National Healthcare & Life Sciences Real Estate Investor Update CBRE Download the Real Estate Investor Update Key Takeaways from the Q4 2022 Issue: Medical Office • Healthcare real estate transaction volume in Q4 2022 was recorded at $3.0 billion, in line with the $2.8 billion sold in Q3 (excluding the HR/HTA merger), but […]
Transactions: The year’s biggest MOB deal could be a foreclosure
Ventas plans to take ownership of an 88-asset medical portfolio, plus senior and hospital assets By Murray W. Wolf Most healthcare real estate (HRE) professionals seem to agree that, primarily due to higher interest rates, 2023 medical office building (MOB) sales volume will pale in comparison to recent years. So Friday’s announcement that an 88-asset […]
News Release: W. P. Carey Announces $468 Million Industrial Portfolio Investment in Canada
Brings Year-to-Date Investment Volume to Approximately $650 Million NEW YORK, April 4, 2023 /PRNewswire/ — W. P. Carey (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced the approximately $468 million sale-leaseback of a critical portfolio of four pharmaceutical […]
News Release: NexCore Group breaks ground on Intermountain Health Aurora Crossroads Campus Medical Office Building
The 85,000 square foot facility will serve as the primary hub for Intermountain Health as they expand in one of Denver’s fastest growing markets. DENVER (PRWEB) APRIL 04, 2023 — Denver-based NexCore Group, a nationally recognized healthcare real estate investment and development company, broke ground on a new medical office building for Intermountain Health (formerly […]
News Release: Newmark Completes Two Office Sales in Downtown Los Angeles for $157 Million
LOS ANGELES, April 4, 2023 — Newmark[1] announces it has completed two separate Downtown Los Angeles office property sales, totaling approximately $157 million. The first property, Union Bank Plaza, a 675,945-square-foot mixed use office tower, sold for $111 million. The second property, 801 South Grand, a 215,097-square-foot office tower, sold for approximately $46 million. Newmark […]
News Release: Meridian Purchases 18 Acres in Santa Fe, NM
FOR IMMEDIATE RELEASE: Construction Commences on 95,000 SF Medical Office Building WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator, and developer of healthcare and life science real estate, is pleased to announce that the firm has closed escrow on the purchase of an 18-acre parcel of vacant land in Santa Fe, New […]
News Release: CareTrust REIT Grows in Texas and Expands into Kansas with New Operator
April 03, 2023 05:02 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park, a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents […]
News Release: Meridian Names Mike Conn Chief Executive Officer
FOR IMMEDIATE RELEASE: WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator and investor in high-quality, brand-enhancing healthcare and life science developments, is excited to announce a leadership change appointing former company Chief Development Officer Mike Conn to the position of Chief Executive Officer. The announcement comes as Meridian commences its 25th year […]
News Release: ProPharma Announces New Global Headquarters in Raleigh, NC as Hub for Innovation and Talent
RALEIGH, NC, April 3, 2023: ProPharma Group (ProPharma), the leading global provider of regulatory, clinical and compliance services for the life sciences industry and a portfolio company of Odyssey Investment Partners, announces the opening of a new global headquarters in Downtown Raleigh, North Carolina. ProPharma’s new global headquarters will serve as the company’s primary location […]
News Release: Orlando Neurosurgery Opens Two New Central Florida Locations
ORLANDO and WINTER GRADEN, Fla., April 3 — Orlando Neurosurgery, the oldest and largest neurosurgical practice in Central Florida, moves its flagship office to AdventHealth’s Innovation Tower in downtown Orlando, followed by the debut of the Orlando Neurosurgery Spine and Brain Center in fast-growing Winter Garden, Florida. In December, Orlando Neurosurgery moved their flagship office […]
