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News Release: Davis Healthcare Real Estate Opens Eagan Specialty Center

News Release: Davis Healthcare Real Estate Opens Eagan Specialty Center

36,100-SF Medical Development is anchored by Midwest Surgery Center MINNEAPOLIS (June 13, 2024)—Davis has announced the formal opening of Eagan Specialty Center, a 36,100-square-foot Class A surgical facility at 2975 Holiday Court in Eagan, MN. The building is the new home of Midwest Surgery Center, which occupies 27,000 square feet. “This is the culmination of […]

News Release: Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange

News Release: Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange

Enters Public Markets as a Net Lease REIT Focused Solely on High-Quality Healthcare Properties June 13, 2024 04:15 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient […]

News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process

News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process

For Immediate Release PHOENIX, ARIZONA (June 13, 2024) – NAI Horizon facilitated the $7.3 million sale of Chandler Medical Center, a 22,591 SF multi-tenant medical office building located at 655 S. Dobson Road in Chandler, Arizona. The sale price fetched $323.14 per SF. NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville and […]

News Release: First Citizens Bank Provides Loan to Refinance Tacoma Senior Living Facility

NEW YORK, June 13, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Tacoma, Washington. The borrower is a joint venture led by Harrison Street, one of the leading investment management firms exclusively focused […]

Life Sciences: Report explores the key role of employment

Life Sciences: Report explores the key role of employment

In general, it drives space demand, but it also affects the real estate in other ways By Murray W. Wolf As in most commercial real estate sectors, the prospects for the life sciences real estate (LSRE) space largely hinge on employment trends. In simple terms, more workers equals more space demand. But trends in the […]

News Release: Sila Realty Trust, Inc. to Commence Tender Offer for Up to $50 Million of Its Common Stock

TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (“Sila” or “the Company”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced that in conjunction with its listing on the New York Stock Exchange (“NYSE”), Sila is commencing a modified “Dutch auction” tender offer […]