News Release: CBRE Arranges Sale of Grove Health Medical Center in Minneapolis MSA
Minneapolis-St. Paul – April 9, 2025 – CBRE facilitated the sale of Grove Health Medical Center, a 40,775-square-foot medical outpatient building (MOB) located at 9550 Upland Lane North, Maple Grove, Minneapolis to Invesco Real Estate, the $87.9 billion USD global real estate investment business of Invesco Ltd. (NYSE: IVZ), on March 21, 2025. Chris Bodnar, […]
Development: MOB development fell again in 2024
Revista outpatient report also lists last year’s most active developers in 2024 By John B. Mugford The pace of medical outpatient building (MOB) development declined for the fourth straight year in 2024, reflecting persistent challenges in the sector. That’s according to the newly released Revista 2025 Outpatient Real Estate Development Report, which summarizes 2024 data. […]
