News Release: Just Closed! Single-Tenant Investment Grade MOB in LA County
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT Providence BUILT-TO-SUIT MEDICAL OFFICE BUILDING FACEY MEDICAL GROUP – CANYON COUNTRY SANTA CLARITA, CA | APRIL 2023 Newmark Healthcare Capital Markets Group announces the sale of 14550 Soledad Canyon Road in Santa Clarita, CA. The 37,165 square-foot, built-to-suit medical office building is 100% leased to Providence Health System and […]
News Release: Vanbarton Healthcare Group and Tramview Complete Second Florida Healthcare Investment
FOR IMMEDIATE RELEASE NEW YORK, New York (April 17, 2023) – The healthcare division of Vanbarton Group recently completed its second Florida investment with a pair of medical office buildings totaling 33,500 square feet located in St. Augustine, Florida. The property, commonly known as the Medical Office Building of St. Augustine, is leased to five […]
News Release: New state psychiatric hospital to be built on existing Hawthorn Center location in Northville Township
State-of-the-art facility will serve both adults and youth as part of state’s continued commitment to provide behavioral health services to Michigan families LANSING, Mich., April 17, 2023 – Today, as part of the state’s continued commitment to providing behavioral health services to Michigan families, the Michigan Department of Health and Human Services (MDHHS) and the Department […]
News Release: Anchor Health Properties Builds Upon Existing Florida Portfolio with a 35,000 Square Foot MOB Off-Market Transaction in Sebastian
FOR IMMEDIATE RELEASE April 17, 2023 (Sebastian, FL) Continuing to expand the company’s owned and managed portfolio across Florida, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a stabilized, two story, 34,681 square foot Class A medical office building […]
News release:Stockdale Committing Over $20 million to Complete Full-Building Life Science/Lab Conversion of Ilume in Scottsdale, AZ
– Hires Cushman & Wakefield as Project Leasing Team For Immediate Release PHOENIX, Ariz. – April 17, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, is committing over $20 million on a major renovation plan to finish converting Ilume Innovation Center in Scottsdale, Arizona to be a fully lab-enabled […]
News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio and to build on the relationship […]
News Release: Echo Real Estate Capital, Inc. Acquires Medical Office Building in Morton Grove, Illinois
FOR IMMEDIATE RELEASE Chicago, IL (April 2023) – Echo Real Estate Capital, Inc. announces it has acquired a single-tenant medical office building leased to Advocate Health Care (www.advocatehealth.com). The property is 7,550 square feet and is located at 6131 W. Dempster Street in Morton Grove, IL – a suburb of Chicago approximately 15 miles northwest […]
News Release: Wheeler Bio Announces Closing of $31 Million Series A Round Supporting its Clinical (CGMP) Drug Substance Manufacturing Facility in Oklahoma City
NEWS + PR APRIL 2023 OKLAHOMA CITY, OK, April 13, 2023 – Wheeler Bio, Inc., a boutique contract development and manufacturing organization (CDMO) specializing in process development and small batch CGMP production of therapeutic antibodies, announced the closing of their Series A financing round. The round was co-led by Charles River Laboratories (NYSE:CRL) and Echo […]
News Release: Phoenix Designates Park Central, Midtown Phoenix as Newest Bioscience Hub
Phoenix Medical Quarter, Global Advancement of Health and Education PHOENIX (April 12, 2023) – In her State of the City address on April 12, Phoenix Mayor Kate Gallego announced that Park Central and midtown Phoenix have been designated as the newest Bioscience Hub in the community, known as the Phoenix Medical Quarter, Global Advancement of […]
News Release: Just Closed – 3rd Street Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office in Downtown LA CBRE Transaction Highlights Date Closed: 3/31/2023 Size: 147,078 SF Occupancy: 100% 3rd Street Medical Center | Los Angeles, CA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of 3rd Street Medical Center (the “Property”), […]
News Release: Newmark Facilitates Recapitalization of 15 Necco Street in Boston, Massachusetts
FOR IMMEDIATE RELEASE In the largest single-building life science transaction in the U.S. year-to-date 2023*, an Alexandria Real Estate Equities, Inc. affiliate and National Development transferred a partial interest in a Class A life science development to Mori Trust Boston, MA (Apr. 12, 2023) — Newmark has arranged the recapitalization of 15 Necco Street, a […]
News Release: Fennelly Associates Negotiates $11 Million Medical Office Portfolio Sale
April 12, 2023 Completed transactions mark the conclusion of 33-year relationship between the firm and Neuman family Hamilton, N.J. (April 12, 2023) – Fennelly Associates announces the $8M sale of 3575 Quakerbridge Road, a 59,000-square-foot medical office building in Hamilton, N.J. and the $3.1M sale of 72,500 square feet of medical office condos at White […]
News Release: Cross Region Group Breaks Ground On Duval Station
Medical and retail center coming soon to North Jacksonville JACKSONVILLE, Fla. (April 12, 2023) – Cross Regions Group, a multifaceted company specializing in commercial real estate services, proudly announces construction is underway at Duval Station, a mixed-use development offering more than 100,000 square feet of professional and medical offices and retail space on 9 acres […]
News Release: Barings Closes Inaugural Innovation and Growth Real Estate Fund at $680 Million
Latest fundraise expands Barings’ $13.1+ billion* U.S. real estate equity platform April 12, 2023 12:00 PM Eastern Daylight Time CHARLOTTE, N.C.–(BUSINESS WIRE)–Barings, one of the world’s largest diversified real estate investment managers, today announced the successful close of its inaugural Barings Innovation and Growth Real Estate Fund (“BIG”) and associated vehicles at $680 million, surpassing […]
News Release: Pinecroft Realty announces executive leadership transition
The Woodlands, Texas, April 12, 2023 – Pinecroft Realty, a boutique commercial real estate company specializing in healthcare real estate development and investment, announces the promotion of Jim Pisula to President and Chief Executive Officer. He previously served as Chief Investment Officer and Partner and for the past 15 years played a leading role in […]
