Project Case Study: What happens when your anchor tenant goes bankrupt?
For Anchor Health Properties, a solid investment thesis saved the day By John B. Mugford For the owner of any real estate portfolio, the bankruptcy of the anchor tenant can be potentially devastating, even in the ordinarily resilient realm of medical outpatient buildings (MOBs). “There just aren’t too many good stories in our sector over […]
News Release: CBRE Arranges $16.25 Million Sale of Medical Office Property in Irvine
CBRE has announced the $16.25 million (5.9% cap rate) sale of Creek Medical Buildings, a three-building, 43,374-square-foot medical office property located at 37, 39 and 41 Creek Road in Irvine, California. CBRE National Office Partners’ Anthony DeLorenzo, along with Sammy Cemo, Bryan Johnson and Harry Su of Private Capital Partners, represented the seller in the […]
