News Release: Irgens Breaks Ground on Cielo Vista Medical Commons in Peoria, Arizona
Peoria, AZ – October 16, 2025 – Irgens, a national developer specializing in healthcare, commercial, industrial and mixed-use real estate, broke ground on Cielo Vista Medical Commons, a new, two-phased medical office building development located at 26425 North Lake Pleasant Parkway in Peoria, Arizona. The project will deliver up to ±80,000 rentable square feet across […]
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 […]
News Release: University Health marks historic expansion of health services to East Side with opening of University Health Wheatley
This morning University Health leaders and team members, together with elected officials and community members and leaders, gathered to open University Health Wheatley on San Antonio’s East Side. This new health center on the IH-10 access road at East Houston Street answers the call of our community to expand the care they need to improve […]
News Release: Turner and Tennessee Oncology Celebrate Opening of Midtown Medical Office Building
The $105 million facility consolidates advanced cancer care and supportive services. Turner Construction Company and Tennessee Oncology celebrated the opening of the $105 million Midtown Medical Office Building, a five-story, 311,881-square-foot facility that will serve as a state-of-the-art hub for cancer care in Middle Tennessee. Turner provided comprehensive preconstruction and construction management services for the […]
News Release: Merck Breaks Ground on $3 Billion Center of Excellence for Pharmaceutical Manufacturing in Elkton, Virginia
The expansion underscores Merck’s commitment to invest more than $70 billion in U.S. research, development and capital projects RAHWAY, NJ, Oct. 20, 2025 – Merck (NYSE: MRK), known as MSD outside of the United States and Canada, announced today the start of construction for a $3 billion, 400,000-square-foot pharmaceutical manufacturing facility at its Elkton, Virginia, […]
News Release: RWJBarnabas Health’s Certificate of Need Application for New Acute Care Hospital in Tinton Falls Deemed Complete by New Jersey Department of Health
Determination Marks Key Milestone for Transforming Health Care Throughout Monmouth County Long Branch, NJ – October 17, 2025 – RWJBarnabas Health announced today that the New Jersey Department of Health has advanced the system’s plans to build a 252-bed modern acute care hospital in Tinton Falls on the Vogel Medical Campus. This marks a key […]
News Release: Northside Cherokee breaks ground on medical building
Published on October 17, 2025 Northside Hospital Cherokee, along with partners Realty Trust Group and Healthpeak, broke ground Thursday morning for a six-story, 150,000-square-foot medical office building. The facility will house a variety of outpatient health care services and physician practices, including heart, bariatrics and general surgery, orthopedics and sports medicine, a high-risk cancer program, […]
News Release: Phoenix-area seniors housing community trades hands
JLL’s Senior Housing Capital Markets team led the sales and financing efforts for Inspira Arrowhead, a 165-unit community in Glendale, Arizona PHOENIX, Oct. 16, 2025 – JLL Capital Markets announced today that it has closed the sale of Inspira Arrowhead, a 165-unit seniors housing community in Glendale, Arizona. JLL’s Senior Housing Capital Markets team represented the […]
News Release: BerkadiaSeniorsHousing & Healthcare Expands Bridge to Agency and HUD Loas Program
New York, New York – October 9, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that the Seniors Housing & Healthcare platform, through a financing arrangement with a large financial institution, has more than doubled the capital available for bridge-to-permanent financing for seniors housing communities (including memory care) and […]
News Release: Kraus-Anderson begins renovation project at HCMC to improve safety and security
MINNEAPOLIS, Minn. (October 2025) – Kraus-Anderson (KA) has begun a renovation project at Hennepin County Medical Center’s (HCMC) main campus at 730 South 8th St. in downtown Minneapolis. Designed by HGA Architects, the 11,000-square-foot project features the renovation of five existing entry points across the HCMC main campus, including the installation of new check-in desks […]
Feature Story: Demographics, deals and dukes
MedProperties Realty Advisors managing principals share their firm’s story By John B. Mugford It was mid-2007. At the time, healthcare real estate (HRE) was a widely ignored sector within the commercial real estate industry – certainly not considered to be one of the “main food groups.” Also, although no one knew it, the Great Financial […]
News Release: BGL Announces the Sale of the Garden State Medical Center Real Estate Portfolio
One of the largest orthopedic and interventional pain practices in New Jersey CHICAGO, Oct. 14, 2025 /PRNewswire/– Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the sale of the Garden State Medical Center Real Estate Portfolio (“GSMC” or “Portfolio”), totaling approximately 46,000 rentable square feet […]
News Release: Novant Health breaks ground in Summerville for new medical office and emergency department
SUMMERVILLE, S.C. – Novant Health announced a new healthcare hub in Dorchester County, breaking ground today on a medical office building and freestanding emergency department in the Summers Corner community. The development will bring comprehensive, convenient care closer to home for patients in Dorchester County and the surrounding area. The new campus will include a 32,000-square-foot medical office […]
News Release: Big Sky Medical Expands North Texas Presence with the Acquisition of Hillcrest Medical Park in Frisco
Frisco, TX: Big Sky Medical is pleased to announce the acquisition of Hillcrest Medical Park, a premier medical outpatient facility located in Frisco, Texas. This strategic acquisition strengthens the firm’s nationwide healthcare real estate portfolio and reinforces its ongoing focus on expanding across key markets with strong demographic and economic fundamentals. Located in one of […]
News Release: Laramar Group Acquires 31,158-SF Medical Office Building in Lakeland, FL;
Vista Medical Center is 95% Leased and Provides Proximity to Hospital Campuses October 10, 2025 – The Laramar Group, a leading national real estate investment firm, completed the acquisition of the 31,158-sf Vista Medical Center at 3035-3133 Lakeland Hills Blvd. in Lakeland, FL. The property is located in a high-demand medical corridor just south of […]
