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. […]
News Release: NAI Hiffman Represents Hanger Clinic in 19,000-Square-Foot, Full-Building Lease in Schaumburg, Ill.
Former retail store transformed into center for orthotic and prosthetic care SCHAUMBURG, Ill. (April 15, 2025) — NAI Hiffman, the Midwest’s leading independent commercial real estate firm, today announced it represented Hanger Clinic in a 19,000-square-foot, full-building lease for its new Integrated Care Center (ICC) at 640 E. Golf Road in Schaumburg, Ill. The former […]
News Release: Burke Rehabilitation® Opens New Outpatient Therapy Site in Scarsdale
Leading rehabilitation provider opens state-of-the-art facility to serve more tri-state area patients Scarsdale, NY (April 14, 2025): Burke Rehabilitation® announced today the opening of its newest outpatient facility, located in Scarsdale, New York. The state-of-the-art facility is a key initiative of the organization’s multi-year plan to expand its nationally recognized, comprehensive physical rehabilitation care to […]
News Release: Onicx Group Acquires Third Medical Building in 6 Months, Expanding Healthcare Portfolio into Philadelphia
FOR IMMEDIATE RELEASE Metro King of Prussia, PA – April 14, 2025 – Onicx Group, a Tampa-based healthcare real estate investment and development firm, is pleased to announce the official acquisition of The Merion Building, a 71,800 RSF Class A medical office building located in the heart of King of Prussia, Pennsylvania — a prominent […]
News Release: Just Sold: HCA College Park MOB Portfolio
JUST CLOSED HCA College Park MOB Portfolio OVERLAND PARK, KS, AND STANLEY, KS SALE ANNOUNCEMENT HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of the HCA College Park MOB Portfolio located in Overland Park, Kansas. The Portfolio consists of three single-tenant outpatient buildings that are 100% leased and occupied by […]
News Release: Elliott Bay Expands Healthcare Portfolio with Strategic Acquisitions in PA and GA
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired three net leased medical outpatient properties in separate transactions located in Allentown, PA, Mt. Joy, PA and Braselton, GA. […]
News Release: MUSC Board of Trustees approves planning and construction of new comprehensive cancer hospital, medical office building in Charleston
Services provided will include expanded clinics and an outpatient surgery center CHARLESTON, S.C. (April 11, 2025) – The Medical University of South Carolina (MUSC) Board of Trustees today approved a resolution to initiate the planning and construction of a state-of-the-art comprehensive cancer hospital in Charleston, marking a bold and visionary step in advancing cancer care, […]
News Release: CPF Healthcare Real Estate Acquires 80,000 Square Foot, Class A Medical Outpatient Building for $22.75 Million via Off-Market Transaction
(Dearborn, MI) Completing its seventh medical outpatient building acquisition since raising a new real estate fund, Chicago Pacific Founders Healthcare Real Estate (CPF HCRE), a leading healthcare property investor, closed on a fully-leased, multi-story, 80,000 square foot Class A medical outpatient building in Dearborn, Michigan within the Detroit MSA. The asset was acquired for $22.75 […]
News Release: CREG | Healthcare Facilitates Sale of Braselton Medical Center, a Class A Multi-Tenant Medical Office Building in Georgia
CREG | Healthcare is proud to announce the successful sale of the Braselton Medical Center, a 23,479 rentable square foot (RSF) state-of-the-art medical outpatient building (MOB) located in the growing community of Braselton, Georgia. Constructed in 2018 as a build-to-suit for North Georgia Eye Center—the largest ophthalmology practice in North Georgia—the property stands as a […]
News Release: CBRE Facilitates Sale of Class A, Fully Leased Calhoun Health Center with Investment Grade Tenancy
Milwaukee – March 28, 2025 – CBRE advised on the sale of Calhoun Health Center, a 23,805-square-foot Class A medical outpatient building (MOB) located at 1905 N. Calhoun Road, Brookfield, Wisconsin to Chicago-based Remedy Medical Properties in a joint venture with Kayne Anderson Real Estate. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, […]
News Release: JLL forms new Healthcare Center of Excellence for Leasing Advisory business
Brannan Moss named COE leader to oversee strategic advisory services for health system and provider clients across the U.S. CHICAGO, April 9, 2025 – JLL announced today that it has formed the JLL Healthcare Center of Excellence to provide an increased depth of resources and expertise for JLL health system and healthcare provider clients nationwide […]
News Release: Comprehensive Keck Medicine of USC medical office building coming soon to Pasadena
Keck Medicine’s largest and most advanced outpatient setting brings Keck Medicine clinical expertise and world-class services to the greater Pasadena community in fall 2025 LOS ANGELES — Keck Medicine of USC will open a four-story, 100,000 square-foot, state-of-the-art medical office building located at 590 S. Fair Oaks Ave. in Pasadena in fall 2025. As the […]
News Release: Reiffman Group Expands Healthcare Portfolio with Sale-Leaseback and Redevelopment of Radiology Facility
Reiffman Group Expands Healthcare Portfolio with Sale-Leaseback and Redevelopment of Radiology Facility Firm Advances $100 Million Healthcare Real Estate Initiative Across New York Metro Area Huntington, NY – 4/6/2025 – Reiffman Group announced today the completion of a strategic sale-leaseback transaction and the commencement of redevelopment at 99 Smithtown Bypass, Hauppauge, NY. The 20,000-square-foot property, […]
News Release: Flagship Healthcare Properties Acquires East Ridge Physicians Building in Chattanooga, Tennessee
CHATTANOOGA, Tenn. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of a Class A, 100% leased medical outpatient building (MOB) in Chattanooga, Tennessee. The 27,657-square-foot property, located at 929 Spring Creek Road near the I-24 and I-75 interchange, sits adjacent to the 128-bed HCA Parkridge East Hospital. […]
News Release: Värde partners with Bayspring on Bay Vista Office Tower in Seattle
For Immediate Release Bayspring leading major capital improvement program on Class A asset in Belltown Cushman & Wakefield hired to lead leasing for medical and office space SEATTLE, Wash. – April 7, 2025 – Bayspring Real Estate Partners (“Bayspring”) has been selected by Värde Partners (“Värde”) as its asset manager and operating partner for Bay […]
