admin
Southline to get a new tenant and a big addition
The original building in South Boston will be expanded by 305,000 s.f. By Murray W. Wolf BOSTON – There has been a flurry of activity in recent days surrounding Beacon Capital Partners LLC’s Southline Boston project, the ongoing redevelopment of the former Boston Globe headquarters property in South Boston. Last week, Beacon submitted plans for […]
News Release: Deerfield Management Announces $25M Grant from New York State and Empire State Development to Build a Lab of the Future at Healthcare Innovation Campus, Cure®
Next-generation laboratory will leverage AI and ML to drastically improve speed, accuracy, and cost of drug development NEW YORK, NEW YORK – March 29, 2023 – Deerfield Management Company, a New York City-based healthcare investment firm, announced today that the State of New York and Empire State Development (“ESD”) will provide $25 million in grant […]
News Release: Holladay Announces Hospital Lease with Select Medical
3/29/23 Sand Lake Select Medical Hospital Lease Orlando Florida Holladay Properties has announced that Select Medical has signed a long-term lease for its 72,000-square-foot property located at 7450 Sand Lake Commons Blvd in Orlando, FL. “Select Medical services patients with critical and complex healthcare needs. We are honored that our facility was chosen,” said Jeff […]
News Release: Portal Innovations Expands to South Boston
Partners with ZoE Life Sciences / Beacon Capital to Operate State-of-the-Art Lab Space and Invest in Bioscience Startups at Southline March 29, 2023 10:00 AM Eastern Daylight Time CHICAGO & BOSTON–(BUSINESS WIRE)–Portal Innovations, a leading life sciences venture development engine, announced today that it will be expanding its operations to South Boston in April, 2023. […]
News Release: Avison Young arranges the sale of medical office building in Washington Township, NJ
MARCH 28, 2023 The 70,140-sf building sold for approximately $14 million Morristown, NJ –Avison Young has arranged the sale of a medical office building at 405 Hurffville Cross Keys Road in Washington Township, NJ on behalf of Gordon MAB Associates to Atkins Companies for approximately $14 million. The two-story, 70,140-square-foot (sf) building sits directly across […]
Feature Story: What’s your MOB worth?
Revista panel explores valuations and pricing in an uncertain market By John B. Mugford What’s your medical office building (MOB) worth? The short answer is: Less than it was a few months ago. That’s according to a group of experienced healthcare real estate (HRE) professionals who gathered for a panel discussion during the recent Revista […]
News Release: Oxford completes forward-purchase of newly constructed 95,000 square foot biomanufacturing facility in Research Triangle
Acquisition advances development of fully end-to-end life sciences campus in top US innovation market March 22, 2023 DURHAM, NC Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, today announced the final acquisition and completion of 78 TW Alexander in Raleigh-Durham, North Carolina. A 95,500 square foot biomanufacturing facility […]
News Release: Phoenix-area medical office building trades for $29 million sale
JLL Capital Markets led the sales efforts for the mission-critical Banner Health Center in Peoria, Arizona PHOENIX, Mar. 22, 2023 – JLL Capital Markets announced today that it closed the $29 million sale of Banner Health Center – Peoria, a fully leased, 68,000-square-foot medical building in Peoria, Arizona. JLL represented the seller, Banner Health, and […]
Feature Story: Ambulatory strategies during a changing market
Revista panelists discuss the many issues facing health systems and possible solutions By John B. Mugford As noted in the preceding article, HRE professionals would like to know if the current financial strains faced by hospitals and health systems will prompt some providers to be more open to third-party investment and ownership of HRE, or […]
News Release: Transwestern to lease Atlanta’s Union Park exclusively to medical office tenants
New Ownership Transforming 178,000 SF Asset into Medical Office Campus (MARCH 21, 2023 – ATLANTA) – Transwestern Real Estate Services (TRS) announces it has been engaged to lease Union Park, a 178,000-square-foot, four-building medical office campus at 5881-5887 Glenridge Drive NE in Atlanta. Transwestern Senior Managing Directors Steve Hall and John V. Lopez and Senior […]
News Release: Berkeley Investments Moves Forward to Build New Innovation Cluster in Boston
Transit-oriented development with high visibility from interstate highway and proximity to Harvard research campus will be a dynamic community for life science innovators, workers, residents, and artists. March 20, 2023 03:38 PM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Berkeley Investments announced that its latest life science project, 176 Lincoln in Boston, Massachusetts, has been fully approved and […]
News Release: CREG U.S. Healthcare Investment Sales | New Partner Announcement
CREG | U.S. Healthcare Investment Sales team is pleased to announce the appointment of Joshua Rees as its newest Managing Partner. Located in San Diego, California, Josh brings over 10 years of experience and wealth of knowledge in the Healthcare Real Estate sector, making him the ideal partner. “We are thrilled to have Josh join […]
News Release: Shawmut, DLJ Real Estate Capital Partners and Leggat Mccall Properties Celebrate Topping Off of 808 Windsor Street at Boynton Yards In Somerville (Mass.)
POSTED MARCH 17, 2023 Shawmut, DLJ Real Estate Capital Partners (DLJ RECP), Deutsche Finance Group (DFG), and Leggat McCall Properties (LMP) were joined by Somerville Mayor Katjana Ballantyne to commemorate the steel topping off milestone at 808 Windsor Street, the second purpose-built Class-A lab building in Somerville as part of the Boynton Yards 1.8 million […]
News Release: Updated Emergency Department Opens at ThedaCare Regional Medical Center-Neenah (Wis.)
March 17, 2023 Construction Continues on $100M Modernization The next major milestone in the $100M investment to modernize ThedaCare Regional Medical Center-Neenah has been reached as the new Emergency Department space opens. Since the groundbreaking in spring 2022, construction crews have been working on multiple areas of the transformation that supports ThedaCare’s mission to improve […]
Life Sciences: Graymark acquires L.A.-area building for conversion
Firm paid $17.75M for the 98,776 s.f. property in Thousand Oaks, Calif.; CBRE was the broker By Murray W. Wolf THOUSAND OAKS, Calif. – San Francisco-based Graymark Capital has acquired a two-story, 98,776 square foot office building at 120 Via Merida in the Westlake Village area of Thousand Oaks for $17.75 million. The vacant, value-add […]
