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Transactions: JV of Rendina, Artemis lands a 12-MOB portfolio
Industry sources indicate the price was $112 million; Newmark represented the seller EIGHT STATES – In recent months, getting transactions done in the medical office sector, or perhaps any real estate sector for that matter, has often been quite difficult. With inflation in the high single digits and the federal funds rates rising steadily, as […]
News Release: Move-in complete for Pisula-developed Vision Park MOB near The Woodlands, Texas
FOR IMMEDIATE RELEASE The 56,100-s.f. medical office building is near the hospitals of four major health systems, enabling the provider-tenants to easily refer patients to those campuses THE WOODLANDS, Texas, Nov. 9, 2022 –The Woodlands -based Pisula Development Company announced that move-in is now complete for a wide range of high-quality healthcare provider tenants in […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires Four Properties From Four Sellers on the Same Day
Dallas, TX (Nov. 9, 2022) – Big Sky Medical announces the closing of four independent transactions including three medical office buildings and a state-of-the-art life science facility on October 21st. The four properties are located in Texas (2) and Maryland (2) and combine for a total of 382,509 rentable square feet. The addition of these […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires four properties from four sellers on the same day.
Dallas, TX (Nov. 9, 2022) – Big Sky Medical announces the closing of four independent transactions including three medical office buildings and a state-of-the-art life science facility on October 21st. The four properties are located in Texas (2) and Maryland (2) and combine for a total of 382,509 rentable square feet. The addition of these […]
News Release: PMB Announces Promotion of Jake Rohe to Managing Partner and President
FOR IMMEDIATE RELEASE Former Partner | SVP Development, Jake Rohe, transitions to Managing Partner | President in the latest evolution of PMB’s leadership. SAN DIEGO, CA Nov. 09, 2022 – PMB, a leading, purpose-driven healthcare real estate developer across the continuum of care, continues to demonstrate its commitment to elevating the healthcare experience with the […]
News Release: PMB Announces Grand Opening of Healthcare Facility in Vancouver, WA
FOR IMMEDIATE RELEASE As its 15th location, the facility will ensure that the largest private multispecialty clinic in Clark County, Wash., has a presence within 20 minutes of every resident in the county VANCOUVER, Wash. And SAN DIEGO, Calif. Nov. 09, 2022 – Joint venture partners PMB, a leading, purpose-driven healthcare real estate developer across […]
News Release: CBRE Brokers Sale of Northwest Medical Center in Atlanta
FOR IMMEDIATE RELEASE The Class A medical office building recently underwent a major repositioning Atlanta – November 9, 2022 – CBRE has announced the sale of Northwest Medical Center, a four-story, 149,202-sq.-ft. medical office building in Buckhead, an upscale neighborhood of Atlanta. A joint venture between Harrison Street and HealthAmerica Realty Group sold the property […]
News Release: Newmark Completes $103 Million Sale of Burlington BioCenter in Burlington, Massachusetts
The Gutierrez Company and GEM Realty Capital sell newly delivered life science asset to MetLife Investment Management November 9, 2022 9:00 AM Newmark announces the $103 million sale of Burlington BioCenter, a newly delivered life science asset that is located 15 miles northwest of Boston in Burlington, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert […]
News Release: Institutional Property Advisors Brokers Southwest Virginia Medical Office Building Sale
FOR IMMEDIATE RELEASE ABINGDON, Va., Nov. 8, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Ballad Health Urgent Care Clinic, a 30,000 square foot medical office building in Abingdon, Virginia. The property traded for $12.4 million. “Built in 2011, this asset is situated on […]
News Release: Cushman & Wakefield Advises Sale of 38,370 SF Medical Office Building
Big Sky Medical Real Estate acquires 99% leased asset SAN ANTONIO, Texas, November 8, 2022 – Cushman & Wakefield announced the firm has represented Mohr Capital in the disposition of a 38,370-square-foot medical office building in San Antonio, Texas. The property, Alamo Quarry Center, is anchored by Methodist Healthcare and includes a variety of healthcare […]
News Release: Newmark Announces Sale, Equity Placement and Financing of 12-Property Medical Office Portfolio
FOR IMMEDIATE RELEASE New York, NY (November 7, 2022) — Newmark announces the sale, equity placement and financing of a 12-property, 352,981-square-foot multi-state medical office building portfolio. Senior Managing Director Jay Miele, Executive Managing Director Ben Appel and Senior Managing Directors Michael Greeley and John Nero of Newmark’s Healthcare Capital Markets group, in cooperation with local licensees, […]
News Release: Pharmaceutical Company Leases 105,457 SF at Brown Field Tech Park I in San Diego
For Immediate Release Cushman & Wakefield represents landlord, Hines, in transaction in Otay Mesa submarket SAN DIEGO, Calif. – November 7, 2022 – Cushman & Wakefield announced the completion of a new lease for a 105,457-square-foot building at Brown Field Tech Park I in the Otay Mesa submarket of San Diego, California. The tenant is […]
News Release: NAI James E. Hanson Negotiates Sale of 62,535-Square-Foot Class-A Medical Office Building in Clifton, N.J.
Clifton, N.J. (November 7, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 62,535-square-foot, Class-A medical office building at 1135 Broad Street in Clifton, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, […]
News Release: Anchor Health Properties Closes on Two MOB Portfolio in Greater Philadelphia MSA
FOR IMMEDIATE RELEASE November 07, 2022 (Media, PA) Dedicated to pursuing better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a two medical office building portfolio totaling 32,891 square feet in the Quakertown submarket […]
News Release: Sold: Physician-Owned Multi-Specialty Hospital & MOB | Springfield, OH
Sold: Physician-Owned Hospital & MOB | Springfield, OH Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning Ohio Valley Surgical Hospital (OVSH) and adjacent 3-story medical office building, located in Springfield, Ohio (Portfolio). Ohio Valley Surgical Hospital is conveniently located in downtown Springfield, OH, approximately […]