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News Releases: Triad Group Announces Sale of Watertown’s Elm Street Labs
NEWS PROVIDED BY The Triad Group Jul 25, 2024, 14:11 ET BOSTON, July 25, 2024 /PRNewswire/ — The Triad Group announced the sale of its most recent development, “Elm Street Lab’s” in Watertown, MA to Cambridge based Shannon Life Sciences. The 74,670sf property is a new construction state-of-the-art life sciences building that is ready for […]
News Release: Montecito Medical Acquires Urology Clinic Property in Jacksonville, FL
FOR IMMEDIATE RELEASE Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,500-square-foot medical office property in Jacksonville, Florida. The building, which includes specialized imaging space, is fully occupied by McIver Clinic, a leading specialty provider in the Jacksonville area. “We are delighted to acquire this outstanding real […]
Companies & People: From brokerage to the principal side
Longtime HRE broker Lee Asher discusses his move to buying assets for Kayne Anderson By John B. Mugford For the past 14 years or so, Lee Asher has been a well-known and highly successful broker of healthcare real estate (HRE) facilities, with a big focus on medical outpatient buildings (MOBs). While serving as the co-founder […]
News Release: Just closed – Panama City, FL
Montecito Medical acquires eye center property in North Florida. Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 27,000-square-foot medical office property in Panama City, Florida. The building, which includes a surgery center for LASIK and cataract surgical procedures, is fully occupied by the Eye Center of North Florida. “We are […]
News Release: BeiGene Opens Flagship U.S. Biologics Manufacturing and Clinical R&D Facility, Continues Global Expansion to Deliver Medicines to More Patients Around the World
Jul 23, 2024 7:00 AM $800 million investment in New Jersey supports global growth and expansion with technologically advanced manufacturing capacity and clinical development capabilities for novel cancer medicines HOPEWELL, N.J.–(BUSINESS WIRE)– BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the opening of its flagship U.S. facility in Hopewell, […]
News Release: Bremner Healthcare Real Estate celebrates completion of new ambulatory care center in Norman, OK
INDIANAPOLIS – (July 22, 2024) Indianapolis-based Bremner Healthcare Real Estate is proud to celebrate the opening of its recently completed 135,000-square-foot ambulatory care center (ACC) at the Norman Regional HealthPlex in Norman, OK. This new facility was seamlessly integrated into the existing hospital patient tower which will now serve as Norman Regional Health’s flagship. The […]
News Release: Transwestern brokers sale of medical office building in Waukesha, Wisconsin
21,500-Square-Foot Building Sells for $4.9 Million (JUL. 22, 2024 – WAUKESHA, WI) – Transwestern Real Estate Services (TRS) announces the sale of a 21,500-square-foot medical office building at 1211 Dolphin Court in Waukesha, Wisconsin, to General Capital Acquisitions. Transwestern’s Marianne Burish, Shaun Dempsey, Mike Salmen, and Erik Coglianese represented the seller, Four Springs Capital Trust. […]
News Release: Equity Placement – Fort Street Partners and Chestnut Funds | Eagle Mountain MOB Development | 24,655 S.F. | Salt Lake City Metro
JLL Medical Properties Group Capital Markets Equity Placement: Eagle Mountain MOB Development 4263 N Pony Express Parkway, Eagle Mountain, UT JLL Medical Properties Group (Capital Markets) is pleased to announce that it advised Fort Street Partners and Chestnut Healthcare Real Estate on the equity placement of the Eagle Mountain Medical Center development, a 24,655-square-foot medical […]
Life Sciences: Lenders take ownership of Seattle life sciences building
By Murray W. Wolf KKR’s real estate unit assumes control of the vacant, 211,066 s.f. Cascadian SEATTLE – Cascadian – a vacant, three-year-old, nine-story, 211,066 square foot life sciences building at 330 Yale Ave. N. in Seattle – has been turned over to its lenders, according to a deed in lieu of foreclosure filed with […]
News Release: Advanced pharmaceutical facility in Raleigh-Durham sells
JLL Capital Markets worked on behalf of the seller in the sale of 4018 Stirrup Creek RALEIGH, July 19, 2024 – JLL Capital Markets announced today the sale of 4018 Stirrup Creek, a 95,620-square-foot, state-of-the-art contract development and manufacturing facility located in Raleigh-Durham, North Carolina. JLL represented the seller, Stirrup Creek LLC. A joint venture […]
News Release: Elliott Bay Acquires MOBs in San Antonio and Portland
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon (“Pantheon”), a leading global private markets investor, today announced it has acquired two net leased medical outpatient properties in San Antonio, TX and Portland, OR. The properties are occupied by […]
News Release: Newmark Arranges $300 Million Joint Venture with Catalyst Healthcare Real Estate and Heitman to Fund an MOB and IRF Development Pipeline
FOR IMMEDIATE RELEASE Philadelphia, PA (July 17, 2024) — Newmark announces it has arranged a strategic joint venture (the “Venture”) to fund a $300 million development pipeline of purpose-built healthcare properties. The venture is between Catalyst Healthcare Real Estate (“Catalyst”)–a leading healthcare real estate development and investment firm in the US, who has developed and […]
Transactions: New JV to fund $300 million of HRE developments
Newmark team arranges partnership of Catalyst and Heitman By John B. Mugford It’s being looked upon as almost a “dream team” of a partnership. HREI has learned that Catalyst Healthcare Real Estate, which has become one of the most active developers in healthcare real estate (HRE) in recent years, and Heitman, an investment management firm […]
News Release: Sold: Providence Health MOB | Portland, OR
CAPITAL REAL ESTATE GROUP CREG U.S. HEALTHCARE INVESTMENT SALES SOLD: PROVIDENCE HEALTH MOB I OR CREG I U.S. Healthcare Investment Sales team is delighted to announce the successful sale of Providence Health MOB, a premier, multi-tenant medical office building located in Portland, Oregon. This state-of-the-art, two-story building is anchored by Providence Health (Fitch Rating: A) […]
News Release: Just Closed – Westover Hills MOB (San Antonio)
Capital Markets | Healthcare & Life Sciences Just Closed New Construction Medical Facility Connected to the Westover Hills Baptist Hospital (Moody’s: B1) CBRE Transaction Highlights Date Closed: 7/11/24 Size: 84,083 Occupancy: 89% Westover Hills MOB | 3011 W Loop 1604 N | San Antonio, TX 78251 CBRE U.S. Healthcare Capital Markets is pleased to announce […]
