News Release: Newmark Arranges Joint Venture Between Altera and Virtus for Acquisition of Medical Outpatient Portfolio in Tucson, AZ
FOR IMMEDIATE RELEASE New York, NY, Jan. 9, 2024 — Newmark announces the placement of joint venture equity for the acquisition of a four-property medical outpatient portfolio located throughout Tucson, AZ. Newmark was engaged by Dallas-based Altera Fund Advisors, which acquired the portfolio through a newly-formed joint venture with Austin-based Virtus Real Estate Capital. Newmark […]
News Release: UT Health San Antonio To Anchor Future Medical Office Building At The Rock At La Cantera
Leasing for the Medical Office Building is Open to Applicants Now SAN ANTONIO (Jan. 9, 2024) – The Rock at La Cantera today announced it will lease space to UT Health San Antonio in a medical office building to be built on the Spurs performance campus. The building is being developed by Lincoln Property Company and […]
News Release: CareTrust REIT Acquires Southern California Assisted Living Facility in Joint Venture Investment
January 09, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired The Villas at San Bernardino, a 78-unit assisted living and memory care facility located in San Bernardino, California. In connection with its acquisition of the facility, CareTrust and a third-party regional healthcare real estate […]
News Release: Healthcare Realty Trust Announces $338 Million of Fourth Quarter 2023 Asset Sales
January 08, 2024 17:00 ET NASHVILLE, Tenn., Jan. 08, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $338 million of asset sales during the fourth quarter of 2023 bringing full year additional dispositions to $656 million at an average cap rate of 6.6%. The full year additional dispositions resulted […]
News Release: LTC Completes Brookdale Portfolio Transaction
— Three New Master Leases; Net Proceeds of $23 Million; Anticipated Net Gain of $17 Million Related to Property Sales; Full Rent Replaced — January 08, 2024 05:00 PM Eastern Standard Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and […]
News Release: BGL Announces the Real Estate Sale of the Asheboro Dermatology & Skin Surgery Center
January 8, 2024 Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of the Dermatology & Skin Surgery Center of North Carolina, totaling approximately 6,746 rentable square feet in Asheboro, North Carolina, to TM Medical Properties, LLC. BGL’s Healthcare Real Estate Investment team served as consultants to the seller in […]
News Release: Anchor Health Properties Marks Opening of 8,000 Square Foot Ambulatory Surgery Center in Palm Beach Gardens, Florida
FOR IMMEDIATE RELEASE January 9, 2024 (Palm Beach Gardens, FL) Focused on maximizing strategic value in the company’s owned and managed portfolio while enhancing access to patient-centric care, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently completed an 8,017 square foot ambulatory […]
News Release: BioMed Realty Strengthens Leadership Team with Key Officer Promotions
SAN DIEGO–(BUSINESS WIRE)–BioMed Realty (the “Company”), a leading provider of real estate solutions to the life science and technology industries, announced today the promotions of Tracy Letchworth, Ed McDonald and Kevin Vu to the role of Vice President. These promotions are a testament to the Company’s commitment to fostering a team of exceptional leaders and […]
News Release: Alexandria Real Estate Equities, Inc. Celebrates 30 Years at the Vanguard and Heart of the $5 Trillion Secularly Growing Life Science Industry
PASADENA, Calif., Jan. 5, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology mega campuses in AAA innovation cluster locations, today celebrates the 30th anniversary of its one-of-a-kind, once-in-a-generation company. Alexandria pioneered the novel Labspace® niche […]
News Release: Thomas Park Launches New Construction Services
ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park, a leading commercial real estate and management firm, today announced the official launch of Thomas Park Construction, a new service line specializing in high-quality general contracting and construction management services for commercial interior projects. Thomas Park Construction fills a critical gap in the market by offering its expertise exclusively to smaller-scale […]
News Release: Simone Development Announces Acquisition Office Building in the Heart of the North Yonkers Medical Mile
133,768-Square-Foot, Four-Story Property to be Repurposed Into State-of-the-Art Medical Space YONKERS, NY (January 4, 2024) — In a major medical redevelopment that will enhance the “Medical Mile” in North Yonkers, Simone Development Companies has acquired One Executive Boulevard, a 133,768-square-foot, 4-story office building located within 1/4 mile of 879,426 square feet of existing medical office […]
News Release: BioMed Realty Strengthens Leadership Team with Key Officer Promotions
PRESS RELEASE January 4, 2024 SAN DIEGO – January 5, 2024 – BioMed Realty (the “Company”), a leading provider of real estate solutions to the life science and technology industries, announced today the promotions of Tracy Letchworth, Ed McDonald and Kevin Vu to the role of Vice President. These promotions are a testament to the […]
News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley
Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 – ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]
News Release: XBiotech to Begin Constructing New R&D Facility on its 48-acre Campus
January 04, 2024 09:00 ET Source: XBiotech Inc. AUSTIN, Texas, Jan. 04, 2024 (GLOBE NEWSWIRE) — XBiotech Inc. today announced that it plans to expand it’s campus headquarters with the construction of a new, state-of-the-art research and development facility. XBiotech has received City of Austin approval to begin excavation for site preparation and groundwork is […]
News Release: Jackson Health Village trades for $24M
JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 – JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]
