News Release: Institutional Property Advisors Brokers Medical Office Asset Sale in Suburban Washington D.C.
FOR IMMEDIATE RELEASE IPA Capital Markets provided debt advisory services. GREENBELT, M.D., July 22, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the sale of Maryland Trade Center III, a 192,000-square-foot Class A medical office building in Greenbelt, Maryland. The […]
Companies & People: A busy buyer by the bay
The CEO of Elliott Bay Capital Trust provides an update on the firm and its strategy By John B. Mugford For anyone who follows the medical outpatient buildings (MOBs) acquisitions market, it would be hard not to notice how active an investor Elliott Bay Capital Trust has been during the past dozen years, particularly in […]
News Release: Suffolk Hires Healthcare Construction Veteran Cary Shippert as Vice President to Drive Statewide Strategic Growth and Operational Excellence
Jul 22, 2025 8:00 AM Eastern Daylight Time National builder bolsters Florida team with key healthcare construction hire to foster sector relationships, cultivate talent and deliver project predictability in key growth sector Suffolk has hired Cary Shippert as Vice President of Healthcare. His expertise in the healthcare sector will help to expand the diverse project […]
News Release: Prisma Health will begin work this fall on $350 million expansion at Greer Memorial Hospital
GREER, SC – Prisma Health will begin site preparation this fall on a $350 million expansion at its Greer Memorial Hospital campus which will more than double patient beds and significantly expand outpatient care with construction of a medical park. The project will include the following: New pediatric and cardiovascular specialty units. Expansions will roughly […]
News Release: Montecito acquires orthopedic MOB and surgery center in Rhode Island
Montecito Medical, one of the nation’s most active investors in medical office real estate, has acquired a Class A orthopedic and surgery center in Warwick, Rhode Island—furthering the firm’s footprint in the Northeast. The 67,186 square-foot facility is leased to two leading providers: Ortho Rhode Island, a physician-owned practice with statewide reach, and Spire Orthopedics, […]
