admin
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 […]
News Release: JLL Income Property Trust Acquires Flagstaff, Arizona Medical Office Building
CHICAGO, May 25, 2022 — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.5 billion in portfolio assets announced today the acquisition of Flagstaff Medical Center, a newly constructed, state-of-the-art medical office building in Flagstaff, Arizona. The single-story, 26,400-square-foot property was acquired for $17.2 million. “Healthcare-oriented […]
News Release: NexCore Group Names Jeff Slichta as its Chief Operating Officer of Experience Senior Living
Mr. Slichta, an accomplished industry executive, joins the Denver-based seniors housing owner-operator after roles with Sunrise Senior Living, Marriott Senior Living Services, and other firms DENVER, May 24, 2022 – Denver-based NexCore Group, a national healthcare real estate (HRE) developer, today announced the hiring of seniors housing industry veteran, Jeff Slichta, as Chief Operating Officer […]
News Release: Vitalis & Advenir Acquire 40,000 SF Lee Health MOB in Fort Myers, FL
The off-market transaction closed on May 19th, 2022. Vitalis and Advenir, acquired a 40,000 SF medical office building in Fort Myers, FL, 100% occupied by Lee Health on a NNN lease. The building was developed as a build to suit for the health system in 2017. The mission critical outpatient facility is strategically located across […]
News Release: Legal & General Capital makes first U.S. investment, with seed capital for $4 billion platform to fund major life science and technology assets across multiple regional U.S. markets
25 May 2022 Legal & General Capital and U.S.-based real estate developer Ancora establish landmark 50:50 partnership as LGC internationalizes its platform to drive shareholder value Legal & General Capital (LGC) today announced that it has formed a 50:50 partnership with U.S.-based real estate developer Ancora to create a real estate platform dedicated to driving […]
News Release: Montecito Medical Acquires Surgery Center Building in Wichita, KS
May 25, 2022 10:08 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Cypress Surgery Center building in Wichita, Kansas. The property, which offers approximately 33,600 square feet of space, is 100% leased to Cypress Surgery Center. “We are pleased […]