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News Release: GI Partners Announces the Acquisition of a Premier Life Sciences Asset in Boston’s Thriving Seaport Lab Cluster
NEWS PROVIDED BY GI Partners Jun 08, 2022, 07:50 ET SAN FRANCISCO, June 8, 2022 /PRNewswire/ – GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology enabled real estate by announcing the acquisition of 451 D Street (“451 D”) in Boston, MA, a state-of-the-art life science, data center, and creative […]
Companies & People: Ventas veteran shares his vision for new venture
Will Germain is joined by Mark Furlan and Damian Donati at MCB Science + Health By John B. Mugford In case you missed the news – which you might have since it broke last Tuesday (May 31), right after many of us returned to work after the Memorial Day weekend – long-time Ventas Inc. (NYSE: […]
News Release: Montecito Medical Acquires Medical Office Portfolio in Las Vegas
Two buildings are part of orthopedic group’s main campus FOR IMMEDIATE RELEASE June 7, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two adjoining medical office buildings (MOBs) in Las Vegas, Nevada. The two equally sized buildings, which offer a combined total of 21,020 square […]
News Release: Cushman & Wakefield Represents Affiliate of ICA Real Estate Advisors in Sale of Suburban Milwaukee MOB
For Immediate Release Cushman & Wakefield’s Gino Lollio and Travis Ives, along with Mike Keane of Cushman & Wakefield Alliance Partner The Boerke Co., Represent Seller CHICAGO, June 6, 2022 – Cushman & Wakefield announced today that the firm has represented an affiliate of ICA Real Estate Advisors in the sale of Mayfair Health Professional […]
News Release: Oppidan expands into medical office industry with Animal Emergency & Referral Center of Minnesota
Oppidan leading bidding and contracting process, project administration and oversight Excelsior, Minn. – (June 2, 2022) – Oppidan Investment Company, a national property development firm headquartered in Excelsior, Minn., is expanding into the medical office industry with its latest project – creating a new specialty center for Animal Emergency & Referral Center of Minnesota (AERC). […]
News Release: Allina Health selects site for new Cambridge Medical Center
CAMBRIDGE, Minn. (June 28, 2022) — Allina Health is pleased to announce that it has chosen a site for the new Cambridge Medical Center. After months of research and planning, the site selected for Cambridge Medical Center’s new facilities will be located between Highway 65 and Xylite Street Northeast, just north of Highway 95. “From […]
News Release: Physician Real Estate Capital Advisors Announces $8.2 Million Sale of Ophthalmology Clinic and Ambulatory Surgery Center Medical Office Building
Investor Acquires Three Tenant Medical Office Building (June 2nd, 2022) FREEHOLD/CHICAGO – Physician Real Estate Capital Advisors (“PRECAP”)announces the $8.2 million closing of the Millennium Eye Care and Freehold Surgical Center, located adjacent to the 284-bed CentraState Medical Center in Freehold, New Jersey. PRECAP Managing Principal Scott Niedergang and JDS Real Estate Services, Inc. represented […]
News Release: Davis to develop multi-specialty clinic and surgery center for Allina Health in Lakeville
News Release The 100,500-square-foot facility, which is already 100 percent pre-leased to Allina Health and MNGI Digestive Health, will help expand services to communities along the I-35 South corridor MINNEAPOLIS and LAKEVILLE, Minn., June 1, 2022 – Minneapolis-based Davis announced today that it will begin developing a 100,500-square-foot Class A medical complex in Lakeville. Lakeville […]
Project Case Study: Market knowledge pays off for HSA PrimeCare
The firm’s newest MOB on the Silver Cross Hospital campus in New Lenox, Ill, is a big hit By Connie McCaffrey There are times when healthcare real estate (HRE) projects are planned and developed without a hitch. Then again, there are many projects in which HRE developers face unforeseen circumstances, requiring them to do their […]
News Release: Cushman & Wakefield Brokers Sale of Class A Office/Medical Asset in Phoenix’s Prestigious Deer Valley for $20 Million
For Immediate Release Cleveland investor buys multi-tenant property with major health care company as key tenant PHOENIX, Ariz., – May 31, 2022 – Cushman & Wakefield announced the firm has brokered the sale of Optum Center, a five-story 81,907-square-foot Class A multi-tenant office and medical building in Phoenix, Arizona. Located at 20414 North 27th Ave, […]
News Release: CAHST Continues Portfolio Expansion with Acquisition of Seventh Medical Office Building
FOR IMMEDIATE RELEASE The acquisition adds to the REIT’s growing portfolio of premier medical office properties CHICAGO (May 31, 2022) – CA Health & Science Trust, Inc. (“CAHST”), a private real estate investment trust (REIT) focused on the acquisition and development of medical office and life science facilities across the U.S., today announced the purchase […]
News Release: MCB Real Estate Launches Science + Health Platform
BALTIMORE, MD (May 31, 2022) – MCB Real Estate, LLC is pleased to announce that it has partnered with life sciences and healthcare real estate executive, Wilkingson (Will) Germain to co-found MCB Science + Health. This venture, led by Mr. Germain, who will serve as CEO of the venture, will be focused on aggressively seeking […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Prosser Medical Office Buildings for $8.5 Million
May 27, 2022 01:46 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on healthcare properties, today announced the acquisition of three triple net leased medical office buildings located in Prosser, Washington, collectively referred to as the Prosser Professional Center (the “Prosser Portfolio”), for […]
News Release: Anchor Health Properties Commences Construction on a New Build to Suit Specialty Eye Center in Maryville, Tennessee
FOR IMMEDIATE RELEASE May 27, 2022 (Knoxville, TN) – Continuing efforts to enhance specialty healthcare in the Knoxville, Tennessee area, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, is serving as owner’s representative and project manager on a new 5,000 square foot build-to-suit […]
News Release: Vitalis advises on Sale of $29.75M InterMed Medical Campus in Portland, ME
The off-market transaction closed May 27th, 2022. Portland, ME (May 27, 2022) Vitalis advised Remedy Medical Properties on the acquisition of a 76,672-square-foot medical campus located at 100 Foden Rd in South Portland, ME. Remedy purchased the asset for $29,750,000 from a local investor. The property consists of two medical office buildings 95% leased to […]