News Release: Construction on $220M expansion project begins at AdventHealth Daytona Beach
Construction has officially begun at AdventHealth Daytona Beach on a multi-phased, $220 million project to add 104 inpatient beds, four new surgical suites, and more than 240,000 square feet to the facility. The construction includes vertical expansions on two existing towers at AdventHealth Daytona Beach: a four-story vertical expansion on one tower and a one-story […]
News Release: The Landing brings Class A life sciences lab, office space to Burlingame
Nestled on the San Francisco Peninsula, Burlingame, California, has long been recognized for its charming streets, high quality of life, active retail corridors, and centralized location near primary highways and transit centers. Now it’s drawing attention from national developers, like King Street Properties (“King Street”), as a pivotal hub for life science companies. King Street is a […]
Life Sciences: Lenders take ownership of Seattle life sciences building
By Murray W. Wolf KKR’s real estate unit assumes control of the vacant, 211,066 s.f. Cascadian SEATTLE – Cascadian – a vacant, three-year-old, nine-story, 211,066 square foot life sciences building at 330 Yale Ave. N. in Seattle – has been turned over to its lenders, according to a deed in lieu of foreclosure filed with […]
News Release: AW Property Co. Announces New Hire and New Appointment
North Palm Beach, Florida, July 19, 2024 –AW Property Co., a real estate investment and operating company specializing in healthcare properties, is pleased to announce the hiring of Drew Hoffman as Chief Financial Officer. Mr. Hoffman serves o the firm’s Investment Committee and is primarily responsible for the strategic planning, managing and reporting on all […]
News Release: Advanced pharmaceutical facility in Raleigh-Durham sells
JLL Capital Markets worked on behalf of the seller in the sale of 4018 Stirrup Creek RALEIGH, July 19, 2024 – JLL Capital Markets announced today the sale of 4018 Stirrup Creek, a 95,620-square-foot, state-of-the-art contract development and manufacturing facility located in Raleigh-Durham, North Carolina. JLL represented the seller, Stirrup Creek LLC. A joint venture […]
News Release: Elliott Bay Acquires MOBs in San Antonio and Portland
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon (“Pantheon”), a leading global private markets investor, today announced it has acquired two net leased medical outpatient properties in San Antonio, TX and Portland, OR. The properties are occupied by […]
News Release: Thor Equities Group Secures New Life Science Tenant in Jersey City
July 19, 2024 09:55 ET Source: Thor Equities Group New York, NY, July 19, 2024 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in real estate development, leasing, and management, is pleased to announce a long-term lease with IAVI, for 30,000 square feet at 95 Greene Street in Jersey City, the first lab-ready life […]
News Release: Equity secured for the development of Utah medical office building
JLL Capital Markets advised Fort Street Partners on the equity placement for the Eagle Mountain Medical Office Building Development in Eagle Mountain, Utah. SALT LAKE CITY, UT, July 18, 2024 – JLL Capital Markets announced today that it has arranged equity placement for the Eagle Mountain Medical Office Building Development (“Eagle MOB”), a 24,655-square-foot medical office […]
News Release: The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners – Primary Care opened to patients in the newly constructed medical office building […]
News Release: Newmark Arranges $300 Million Joint Venture with Catalyst Healthcare Real Estate and Heitman to Fund an MOB and IRF Development Pipeline
FOR IMMEDIATE RELEASE Philadelphia, PA (July 17, 2024) — Newmark announces it has arranged a strategic joint venture (the “Venture”) to fund a $300 million development pipeline of purpose-built healthcare properties. The venture is between Catalyst Healthcare Real Estate (“Catalyst”)–a leading healthcare real estate development and investment firm in the US, who has developed and […]
Transactions: New JV to fund $300 million of HRE developments
Newmark team arranges partnership of Catalyst and Heitman By John B. Mugford It’s being looked upon as almost a “dream team” of a partnership. HREI has learned that Catalyst Healthcare Real Estate, which has become one of the most active developers in healthcare real estate (HRE) in recent years, and Heitman, an investment management firm […]
News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Sold: Providence Health MOB | Portland, OR
CAPITAL REAL ESTATE GROUP CREG U.S. HEALTHCARE INVESTMENT SALES SOLD: PROVIDENCE HEALTH MOB I OR CREG I U.S. Healthcare Investment Sales team is delighted to announce the successful sale of Providence Health MOB, a premier, multi-tenant medical office building located in Portland, Oregon. This state-of-the-art, two-story building is anchored by Providence Health (Fitch Rating: A) […]
News Release: Japanese Medical Device Manufacturer Nipro Will Establish Presence in North Carolina with $397.8 Million Investment in Pitt County
Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will invest $397.8 million to build its first North American manufacturing center of excellence in Greenville, North Carolina, creating 232 jobs in Pitt County. Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will […]
