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News Release: Montecito Medical Acquires Medical Office Portfolio in Eastern Washington
Buildings tenanted by regionally dominant pathology group FOR IMMEDIATE RELEASE June 21, 2022 Montecito Medical has completed the acquisition of two medical office buildings in Eastern Washington that are tenanted by a regionally dominant specialty provider. The two properties, in Spokane Valley and Richland respectively, involve a combined total of nearly 35,500 square feet. Both […]
News Release: Ascension Saint Thomas and Kindred Rehabilitation Services Open New Rehabilitation Hospital in Nashville
40-bed specialty hospital will offer advanced inpatient rehabilitation services to meet the growing needs of Middle Tennesseans. June 17, 2022 01:15 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Ascension Saint Thomas and Kindred Rehabilitation Services, a business unit of Brentwood, Tennessee-based LifePoint Health, today opened Ascension Saint Thomas Rehabilitation Hospital at 310 21st Avenue North on […]
News Release: Nashville Investor Acquires a Multi-Tenant, Medical Office Building, Making it their Fifth Acquisition in the Area
June 15, 2022 10:28 ET | Source: Excelsior Capital KANSAS CITY, Kan., June 15, 2022 (GLOBE NEWSWIRE) — Excelsior Capital, a Nashville-based real estate private equity sponsor, expands their holdings in Kansas City with the $7M purchase of Bethany Medical. This marks their fifth acquisition in the area, expanding their portfolio to over 400,000 square […]
Feature Story: The healthcare delivery model is changing fast
ASCs are playing a key role, The Advisory Board and Cushman & Wakefield say By John B. Mugford The great shift in where services can and are being delivered is certainly all the rage in the healthcare industry, as many professionals involved say doing so provides greater convenience and better access for patients in what […]
News Release: Just Closed – Fresenius Medical Care, Long Beach, CA
Just Closed Fresenius Medical Care 1525 Long Beach Boulevard, Long Beach, Ca 90813 Marcus & Millichap Ovaness-Rostamian Group Purchase Price $9,305,717 Building $ / Sf $1,082 Rentable Sf 8,600 Cap Rate 4.60% For More Information Click WEBSITE CONTACT INFORMATION DEAL TEAM: Orbell Ovaness Senior Vice President Office: Los Angeles Direct: (213) 943-1822 orbell.ovaness@marcusmillichap.com License: CA 01402142 Ara H. Rostamian, […]
News Release: Marcus & Millichap Brokers $6.6 Million Medical Facility Sale in La Porte, Ind.
FOR IMMEDIATE RELEASE 16,700-square-foot property is home to Northwest Health, a subsidiary of Community Health Systems CHICAGO, June 14, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today it has brokered the $6.6 million sale of a 16,700-square-foot medical […]
News Release: Montecito Acquires Additional Medical Office Property in Hagerstown, MD
Company forms relationship with area’s leading health system FOR IMMEDIATE RELEASE June 14, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Hagerstown, Maryland. The two-story building encompass 19,433 square feet of space. Meritus Pulmonary Consultants, part of the Meritus Health […]
News Release: Arroyo Grande Community Hospital Partners with Kindred Rehabilitation Services for New Inpatient Rehabilitation Hospital
New facility will double the occupancy of the current rehabilitation center June 13, 2022 12:30 PM Eastern Daylight Time ARROYO GRANDE, Calif.–(BUSINESS WIRE)–Arroyo Grande Community Hospital (AGCH) and Kindred Rehabilitation Services (KRS), a business unit of LifePoint Health, today announced a joint venture to build and operate a new inpatient rehabilitation hospital on Dignity Health’s […]
News Release: Catalyst Healthcare Real Estate and Bain Capital Real Estate Break Ground on 60,000 Square Foot Medical Office Building in Laurel, Maryland
PENSACOLA, FL (June 13, 2022) — Catalyst Healthcare Real Estate (“Catalyst”), a national, full-service healthcare real estate investment firm, and Bain Capital Real Estate, the real estate investing business of Bain Capital, today announced the groundbreaking of a 60,000 square foot multi-tenant medical office building (MOB) in Laurel, Maryland. The University of Maryland Medical System […]
News Release: Davis and Allina Health open 610 Medical surgery center in Brooklyn Park, Minn.
News Release The Minneapolis-based development firm completed the new healthcare facility, which will benefit tenants with a visible, central location and an attractive, growing patient base BROOKLYN PARK and MINNEAPOLIS, Minn., June 8, 2022 – Minneapolis-based developer Davis and Allina Health, one of the largest health systems in Minnesota with 11 hospitals and over 90 […]
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). […]