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News Release: Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.18 per Common Share for 3Q22
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.18 per Common Share for 3Q22, for an Aggregate of $4.66 per Common Share for the 12 Months Ending September 30, 2022, Up 24 Cents, or 5 Percent, Over the 12 Months Ended September 30, 2021 NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Sep 06, 2022, […]
News Release: Sold – Brand New Multi-Specialty Outpatient Surgery Center, Anna, TX
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Anna, TX within the Dallas-Fort Worth metroplex. Completed in 2020, the state-of-the-art facility consists of 23,329 rentable square feet and is 100% leased and occupied by the Surgery Center of North Texas (SCNT). The […]
Life Sciences: Filling a void in the emerging Boulder, Colo., LSRE market
BREI talks with Ben Rosenfield and Bill Jencks about PMB’s new $280M development By Murray W. Wolf San Diego-based PMB, a longtime healthcare real estate (HRE) developer, and Montgomery Street Partners, a real estate private equity firm with offices in Dallas and New York, announced Wednesday (Aug. 31) that they have received town board approval […]
News Release: PMB and Montgomery Street Partners announce approval on the first speculative purpose-built life sciences project in Boulder County, CO
FOR IMMEDIATE RELEASE This new 365,000 sq. ft. facility in Boulder County will break ground in Q2 of 2023 and complete in Q3 of 2024 SUPERIOR, CO, Aug 31, 2022 – PMB, a leading healthcare real estate developer, in partnership with Montgomery Street Partners, received Superior Town Board approval on its final development plan for […]
News Release: Cushman & Wakefield Arranges Sale of 187-Unit Class A Senior Housing Asset in Walnut Creek, California
Walnut Creek, CA – August 29, 2022 – Cushman & Wakefield, as exclusive advisor to a joint venture between Kisco Senior Living and an institutional investor, has arranged the recapitalization of Byron Park, a well-established and upscale senior housing asset located in the Bay Area submarket of Walnut Creek, California. The community was recapitalized by […]
Life Sciences: Topping Off Held For Watertown Life Science Campus
August 26th, 2022 | by High-Profile Watertown, MA – The Davis Companies and Boston Development Group (BDG) recently celebrated the ceremonial topping-off of Phase One of 66 Galen Street in Watertown, a 224,000rsf, purpose-built, Class A life science building designed by Elkus Manfredi Architects. This milestone marks the completion of the structural phase of construction […]
News Release: Mayor Adams Invests $27 Million To Accelerate Growth Of Life Sciences In NY
August 24, 2022 City Awards to City College and Mount Sinai Will Create Hundreds of Jobs and Support New Startups and Next Generation of Innovation and Research Mayor Adams’ Vision Has NYC on Path to Become Global Leader in Life Sciences, Create 40,000 Family-Sustaining Jobs in Next Decade NEW YORK – New York City Mayor […]
News Release: Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis
August 24, 2022 08:48 AM Eastern Daylight Time CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance & Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the […]
News Release: CBRE Investment Management Fund Invests in Four-Building Medical Office Portfolio in Orange County, California
Firm Looks to Further Increase Investment Nationally in Sector it Expects to be Recession-Resistant 23 Aug 2022 CBRE Investment Management, on behalf of a fund it manages, has acquired a four-building medical office portfolio totaling 282,683 square feet in the coastal gateway market of Orange County, California, through a joint venture with Healthcare Realty Trust. […]
Feature Story: Are MOB sales slowing ?
Opinions vary, but most agree that debt costs are up and there’s a gap in bid-ask pricing By John B. Mugford Sure, medical office building (MOB) sales have been on a tear in the 12 months leading up to the end of the second quarter (Q2) of this year, totaling an all-time high of $21.2 […]
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 […]