News Release: CBRE Tapped to Lease Trammell Crow Company’s McMillan Center for Health & Research Development
WASHINGTON, DC CBRE is the Exclusive Leasing Agent for 900,000 Square Feet of Healthcare and Life Sciences Facilities in Washington, D.C. October 31, 2023 CBRE was selected as the exclusive leasing agent for The McMillan Center for Health & Research, a health, wellness, and research campus. The McMillan Center is a critical component of the […]
News Release: PMB and Santa Clara Valley Healthcare celebrate the groundbreaking for a 230,000 square-foot medical office building in San Jose, Calif.
San Jose’s Next Stop for Healthcare: This new, 10-story, 230,000 sq.-ft. Future Valley Health Center San Jose office celebrated breaking ground near VTA’s Bascom Station and is expected to see construction completed in late 2025. SAN JOSE, Calif., Oct. 31, 2023 /PRNewswire/ — PMB, a leading healthcare real estate developer, in partnership with Santa […]
Feature Story: Despite slow MOB sales, HRE-MOB is a good place to be
Q3 data from Revista indicates occupancy rates and demand for space are strong By John B. Mugford As noted in a short report in last week’s edition of HREI, medical office building (MOB) sales volume in the third quarter (Q3) was $1.1 billion – the lowest quarterly dollar volume since Revista began compiling such information […]
News Release: Montecito Medical Acquires Medical Building in Tucson, Arizona
NASHVILLE, Tenn., Oct. 31, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired another medical office building in Tucson, Arizona. The property is fully occupied by the Pain Institute of Southern Arizona. “We are excited to acquire another medical office asset in this dynamic marketplace but also for the opportunity […]
News Release: Kenji Iwai Appointed Chairman of MBK Real Estate
IRVINE, Calif.- (MELTWATER)—MBK Real Estate LLC (MRE) is pleased to announce the appointment of Kenji Iwai as the company’s next Chairman of the Board and President, effective October 31, 2023. Mr. Iwai succeeds Katsuo “Katsu” Yamanaka, who has led MRE’s growth, including its entry into the logistics market, since 2017. Mr. Iwai, who joined MRE’s […]