News Release: BXP Announces Third Quarter 2023 Results
Executed More Than 1.0 Million Square Feet of Leases in Q3 and Delivered Two Development Properties BOSTON–(BUSINESS WIRE)—BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the third quarter ended September 30, 2023. Financial highlights for the third quarter include: Revenue increased […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2023 Results
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2023, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s third quarter 2023 financial results will be held on Thursday, November 2, 2023 at 10:00 a.m. […]
News Release: Newmark Facilitates Sale of 2.2 Million-Square-Foot Mixed-Use Corporate Campus in Dallas/Fort Worth
Transaction Marks Largest Office Sale1 by Consideration and Square Footage in North America Year-To-Date2 DALLAS, Nov. 1, 2023 /PRNewswire/ — Newmark announces the sale of CityLine, a 2.2 million-square-foot mixed-use property comprised of four purpose-built office buildings, occupied by State Farm (S&P: AA), 120,000 square feet of retail space and a 42,000-square-foot medical office building […]
News Release: Savills Strengthens San Diego Presence and Expands West Coast Life Sciences Capabilities with Addition of Elite Team and New Market Leader
SAVILLS NEWS 01 NOVEMBER 2023 Shane Poppen, Craig Knox, and Zach Millrood will significantly bolster the firm’s tenant advisory capabilities across sectors, including life sciences; Poppen named as San Diego market leader SAN DIEGO (November 1, 2023) – Savills is significantly bolstering its presence in San Diego, while simultaneously expanding the reach of its North […]
News Release: Fuse at Mason Square hits construction milestone
November 1, 2023 / By Damian Cristodero George Mason University’s new Fuse at Mason Square destination in Arlington will reach a major milestone this month with the “topping out” of what will become a 345,000-square-foot collaborative and digital innovation space in the heart of the Rosslyn-Ballston corridor. A “topping out” is commemorated when the structural […]
News Release: OU Health Breaks Ground on New Children’s Behavioral Health Center
Nov 1, 2023 OU Health broke ground and kicked off a capital fundraising campaign Wednesday, Nov. 1, for a new pediatric Behavioral Health Center, an innovative facility where Oklahoma youth will receive the highest quality of treatment and support for mental and behavioral health conditions. The facility, called the Oklahoma Children’s Hospital OU Health Behavioral […]
News Release: Steven Warlick to Lead New Healthcare Team at HFA Architecture + Engineering
Veteran architect and newly appointed vice president aims to drive innovation and bring transformative A+E solutions to the industry. BENTONVILLE, Arkansas – November 1, 2023 — Steven Warlick (AIA, NCARB, LEED AP) has joined HFA Architecture + Engineering as a Vice President and leader of the firm’s new healthcare team. With more than 24 years of industry experience, […]
News Release: Breakthrough Properties Breaks Ground in Heart of Oxford’s Life Science Innovation Cluster, Addressing Growing Demand for Cutting-Edge R&D Facilities
NEWS PROVIDED BY Breakthrough Properties 01 Nov, 2023, 09:00 ET U.K. Life Science Sector Expected to Grow by Nearly £9 Billion in the Next Three Years OXFORD, England, Nov. 1, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, held groundbreaking events in October to herald the start of construction of […]
News Release: Capital Square Delivers 157.57% Total Return* to Investors in Raleigh Medical Building DST
RALEIGH, N.C., Nov. 1, 2023 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced today the sale of a medical building near Raleigh, North Carolina. The property was owned by a group of Delaware statutory trust investors who realized […]
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 […]
News Release: 40-bed inpatient rehabilitation hospital trades in San Antonio
JLL Capital Markets also placed the financing for Norvin Healthcare Properties BOSTON, Oct. 30, 2023 – JLL Capital Markets announced today that it arranged the sale of PAM Health Warm Springs Rehabilitation Hospital Northeast in San Antonio, Texas. JLL Capital Markets also represented the buyer in arranging acquisition financing. JLL represented the seller, The Sanders Trust, in […]
