News Release: CBRE Facilitated $12 Million Sale of Coastal Medical Building
The 27,535-sq.-ft.-medical office building is located in San Clemente SAN CLEMENTE, Calif. – October 4, 2023– CBRE recently negotiated the sale of 1300 Avenida Vista Hermosa, a 27,535-sq.-ft.-medical office building in San Clemente, California, at $436 per sq. ft., or a 6.93% capitalization rate. A Southern California-based high-net individual purchased the property. Gary Stache, Anthony […]
News Release: New York Blood Center Enterprises Acquires Commercial-Scale Cell & Gene Therapy and Manufacturing Facilities from Talaris Therapeutics
October 4, 2023 This acquisition expands Comprehensive Cell Solutions, a business unit of NYBCe, capabilities and geographic reach as a commercial-scale cell therapy clinical development and manufacturing organization NEW YORK and BOSTON, October 4, 2023 (GLOBE NEWSWIRE) — New York Blood Center Enterprises (NYBCe) and Talaris Therapeutics, Inc. (Nasdaq: TALS) (“Talaris”) announced today NYBCe’s acquisition […]
News Release: Northside Hospital and RTG Celebrate Grand Opening of Snellville Medical Center
Snellville, Ga., Oct. 4, 2023 – Northside Hospital, in partnership with Realty Trust Group (RTG), celebrated the successful grand opening of its new medical center in Snellville, Georgia, with a ribbon cutting ceremony. The event marked a significant milestone in the expansion of healthcare services in the Snellville community. RTG partnered with Northside Hospital through the […]
News Release: PMB and Santa Clara Valley Healthcare announce public-private partnership for a 230,000 square-foot medical office building in San Jose, Calif.
FOR IMMEDIATE RELEASE San Jose’s Next Stop for Healthcare: This new 10-story, 230,000 sq.-ft. Future Valley Health Center San Jose office building broke ground near VTA’s Bascom Station and is expected to see construction completed in late 2025. Check out the new project website at https://www.pmbvhc.com/. SAN JOSE Calif., Oct. 04, 2023 – PMB, a […]
News Release: Big Sky Medical Expands its Houston presence with the acquisition of three Memorial Hermann Convenient Care Centers
FOR IMMEDIATE RELEASE Dallas, TX – (October 4, 2023) – Big Sky Medical, a leading player in the healthcare real estate investment sector, has completed the acquisition of three single-tenant medical outpatient buildings in the vibrant Houston, Texas market. Situated in the Katy, Spring, and League City submarkets, each building is long-term net leased to […]
News Release: Copley Hospital Breaks Ground on Medical Office Building in Waterbury
Copley Hospital broke ground yesterday on a new medical office building and clinic for Mansfield Orthopaedics, a department of Copley Hospital with locations in Morrisville and Waterbury. Scheduled to open in late summer of 2024, the 10,000-square-foot facility located a mile off VT I-89 will improve patient access, reduce wait times for much-needed orthopaedic and […]
News Release: Cushman & Wakefield Arranges Two Leases Totaling over 30,000 SF for Kinship Health’s Expansion into Central Florida
For Immediate Release OCALA, Florida, October 03, 2023 – Cushman & Wakefield has arranged two leases totaling over 30,000 square feet this year for Kinship PACE of Central Florida, LLC and their expansion into Central Florida. This includes a new fifteen-year, 16,617-square-foot lease recently signed at 3030 SW College Rd. Kinship PACE of Central Florida […]
News Release: Done Deal. Putting Community First in Mason
Blueprint advises Anthology Senior Living on the sale of a new vintage, true “Class A” community in Mason, Ohio Blueprint was engaged by Anthology Senior Living, the Senior Living arm of global developer CA Ventures, and their institutional joint venture partners to maximize value on the sale of their Class A, 101-unit Assisted Living and […]
News Release: Montecito Medical Acquires Imaging Center Building in Western New York
October 03, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a medical building in Buffalo, New York. Western New York MRI tenants the 15,858-square-foot, two-story facility. “We are thrilled to acquire this state-of-the-art building and enter into a long-term relationship with these providers […]
News Release: $80,600,000 Disposition of a 532-Unit Life Plan Community
Pine Run Retirement Community Member of Doylestown Health $80,600,000 Disposition of a 532-Unit Life Plan Community The undersigned served as exclusive financial advisor Kaufman Hall Transaction Overview Kaufman Hall and Associates, LLC (“Kaufman Hall”) served as exclusive financial advisor to Doylestown Hospital (“DH” or the “Hospital”) in connection with the disposition of DH’s 532-unit/bed life […]
Feature Story: Uncertainty creates financial market opportunities
Financial professionals discuss creative strategies, including ‘dequity’ By John B. Mugford When a group of financial professionals gathered recently to discuss the state of the healthcare real estate (HRE) capital markets, Gary Bechtel, CEO of Grand Rapids, Mich.-based Red Oak Capital Holdings, had this to say: “I’ve been in this business for a while, and […]
News Releases: Medical Properties Trust Announces Final Approvals for HMC to Proceed With Acquisition of Remaining Australian Facilities
Cash Proceeds of Approximately AUD$470 Million to be Immediately Applied to Debt Reduction October 03, 2023 09:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that the Australian Foreign Investment Review Board has approved HMC Capital’s purchase of MPT’s remaining four Australian facilities for approximately […]
News Release: Loyola Medicine Burr Ridge outpatient medical center trades for $59.95M in suburban Chicago
Sila Realty Trust acquires the Class A medical property in Illinois BOSTON, Oct. 3, 2023 – JLL Capital Markets announced today that it arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totalling 104,912 square feet in Burr Ridge, Illinois. JLL represented the seller, Healthcare Realty Trust, to procure the […]
News Release: Governor Henry McMaster Signs Certificate of Need Repeal
COLUMBIA, S.C., Oct. 3, 2023 – Governor Henry McMaster and Lieutenant Governor Pamela S. Evette today were joined by state agency leaders, members of the General Assembly, and others for a ceremonial bill signing of S. 164, Certificate of Need Repeal, which eliminates the requirement for most healthcare facilities to obtain a Certificate of Need (CON) from the […]
News Release: BioMed Realty Appoints Marie Lewis as Executive Vice President and General Counsel
The promotion highlights Ms. Lewis’ decade of commitment to the Company’s success and further strengthens the Company’s executive leadership team October 03, 2023 09:00 AM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced the appointment of Marie Lewis to Executive Vice […]
