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News Release: Montecito Medical Acquires Medical Office Property Near Tucson, AZ
August 22nd 2022 Real Estate Montecito Medical has completed the acquisition of a specialty medical office property in suburban Tucson, Arizona. The building, which offers 10,270 square feet of space, is fully occupied by Tucson Orthopaedic Institute under a long-term lease. “We are excited by the opportunity to acquire another excellent asset in Arizona and […]
News Release: PMB & Beach City Health District’s Healthy Living Campus Modernization Moves Forward
FOR IMMEDIATE RELEASE BCHD Board votes 5-0 to select developer, operator and design-build team. With campus remodel focused on preventive wellness for all ages, goal is to address everything from the need for assisted living to teen mental health REDONDO BEACH, CA., Aug 18, 2022 – In a 5-0 vote, the Beach Cities Health District […]
News Release: Montecito Adds Medical Office Property in Northeastern PA
August 16th 2022 Montecito Medical has completed the acquisition of a medical office property in Bethlehem, Pennsylvania. The two-story, multi-tenant St. Luke’s Medical Office Building, which offers just under 20,500 square feet of space, is fully leased. Montecito Medical has completed the acquisition of a medical office property in Bethlehem, Pennsylvania. The two-story, multi-tenant St. […]
Companies & People: Sabrina Solomiany has big plans
Former CBRE and HFF broker is now building Berkadia’s HRE/LSRE group By John B. Mugford In her two decades in commercial real estate (CRE) and healthcare real estate (HRE), Sabrina Solomiany has amassed quite a track record for herself and the large brokerage firms for which she worked. Just since 2014 – when she started […]
News Release: Coldwell Banker Commercial Brokers Sale Of Landmark, Medical Office Building In Edinburg, Texas
FOR IMMEDIATE RELEASE EDINBURG, Texas (August 15, 2022) – Coldwell Banker Commercial is pleased to have represented both the buyer and the seller in the off-market disposition of a 61,000 square foot medical office building located at Cornerstone Medical Park. The property is located at 2800 W. Trenton Rd. in Edinburg, Texas. The sales price […]
News Release: PRECAP Brokers $15.2M Naperville, IL Surgery Center Real Estate
Physician Real Estate Capital Advisors Announces $15.2 Million, $763 Per Square Foot, Sale of Suburban Gastroenterology and Midwest Endoscopy Center Property in Naperville, Illinois Investor Acquires Gastroenterology Clinic and Ambulatory Surgery Center Real Estate in Suburban Chicago (August 15, 2022) NAPERVILLE/CHICAGO – Physician Real Estate Capital Advisors (“PRECAP”) announces the $15.2 million, $763 per square […]
Life Sciences: 2022 Mid-Year Life Science Overview & Market Clusters (Newmark)
Life science remains well-positioned to continue as one of the most sought after and top performing niche sectors in real estate despite recent macroeconomic deceleration, as both tenant and investor demand for laboratory, incubator, and biomanufacturing (GMP) space improved significantly throughout the COVID-19 pandemic. Key Takeaways Pricing for life science and R&D assets remains at […]
Life Sciences: Life sciences real estate: Still a ‘hot’ market
Despite challenges, Q2 was strong and LSRE professionals remain upbeat long term By Murray W. Wolf and Erin E. Porter NATIONWIDE – OK. Let’s get the bad news out of the way first. Inflation hit a four-decade high of 9.1 percent in June and, although the annualized rate eased slightly to 8.5 percent in July, […]
Life sciences: There will be a ‘hiccup,’ but LSRE prospects remain strong
Over the long haul, this industry will continue to grow, IMN conference panelists agree By John B. Mugford Any question about whether the life sciences real estate (LSRE) sector is in a bit of a bubble right now was put to rest during a panel session at the recent IMN (Information Management Network) Life Sciences […]
News Release: Recent MOB Closing | CREG U.S. Healthcare Investment Sales (Southpoint Surgery Center, Jacksonville, Fla.)
The Capital Real Estate Group – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Southpoint Surgery Center, a premier ASC anchored medical office building located in Jacksonville, FL. The Property is 100% leased and consists of approximately 34,029 SF square feet over three floors with the 13,021 square foot Southpoint […]
News Release: MedCraft Investment Partners Invests in New Regional Hub for Healthcare
FOR IMMEDIATE RELEASE Working with Not-for-Profit Health Systems Minneapolis, Minn. – August 9, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, invested $25.6M in the Prairie Commons Medical Office Building located at 3563 Prairieview Street, Grand Island, Nebraska. The 61,515 square foot, multi-tenant medical office building was completed in 2022 and […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Aug 09, 2022, 16:32 ET TOLEDO, Ohio, Aug. 9, 2022 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/august2022-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. […]
News Release: Welltower Reports Second Quarter 2022 Results
NEWS PROVIDED BY Welltower Inc. Aug 09, 2022, 16:30 ET TOLEDO, Ohio, Aug. 9, 2022 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended June 30, 2022. Recent Highlights Reported net income attributable to common stockholders of $0.20 per diluted share Reported normalized FFO attributable to common stockholders of $0.86 per diluted share Reported normalized FFO growth attributable to common stockholders per […]
News Release: Matthews™ Healthcare Division Closes $27.16M Sale of Multi-Tenant MOB
09 August Alabama Swaid Vestavia Medical Center Sold to Dallas-Based Investor Birmingham, AL— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $27 million sale of Swaid Vestavia Medical Center, a multi-specialty medical facility located at 1021 Montgomery Highway, Vestavia Hills, AL. The new construction facility spans 40,000 […]
News Release: Recent Sale | Medical Office Building | California (Colliers)
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | August 8, 2022 79 Scripps Drive, Sacramento, CA 17,870 SF Medical Office Building Colliers is pleased to announce the closing of 79 Scripps Drive, a 17,870 SF Medical Office Building located in Sacramento, California. The property is located in the prominent Scripps Drive medical hub […]