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News Release: Avison Young brokers sale of two premier medical office buildings in Fairfax, Va.
Two medical office buildings on the Inova Fair Oaks Hospital campus sell for $46 million WASHINGTON – Avison Young announced today that it has negotiated the sale of two medical office buildings located on the Inova Fair Oaks Hospital campus in the affluent Washington suburb of Fairfax, Va. The buildings at 3650 and 3700 Joseph Seiwick Drive total 158,338 square […]
Transactions: Healthcare Realty Trust lands a pair of D.C.-area MOBs
$46 million purchase was part of $121 million in recent MOB buys for the REIT By John B. Mugford FAIRFAX, Va. — Publicly traded healthcare real estate investment trusts (REITs) are typically prone to acquire nearly-filled, stabilized medical office buildings (MOBs) that do not require much effort to add value. There are exceptions, of course, […]
News Release: Healthcare Realty Trust Completes Recent Acquisitions
April 02, 2019 12:41 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., April 02, 2019 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) recently acquired four medical office buildings in three separate transactions for an aggregate purchase price of $121.0 million. The transactions were primarily funded with net proceeds of $115.9 million from the Company’s equity […]
News Release: Adventus Realty Services Signs Molina Healthcare of Illinois in Renewal Lease
For Immediate Release Daniel Svachula, Michael Simpson and Allyson Yates represented Adventus Realty Services, Inc. CHICAGO, April 2, 2019 – Cushman & Wakefield has represented Adventus Realty Services, Inc., in lease renewal negotiations with Molina Healthcare of Illinois at 1520 Kensington at The Crossings of Oakbrook in Oakbrook, Illinois. The company occupies 37,127 square feet […]
News Release: Just closed: Flagship Medical Office Portfolio
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Flagship Medical Office Portfolio. The multi-state portfolio consists of eight on-campus and community-based outpatient facilities totaling 335,864 square feet located in desirable, growing major metropolitan areas across North Carolina, South Carolina and Virginia. The institutional quality assets include critical infrastructure for cancer treatment, […]
News Release: NexCore Group’s Kyle Robbins earns Class A Certified Inspector certification from OSHPD
The firm’s Senior Vice President Design & Construction, has earned the Office of Statewide Health Planning and Development (OSHPD) certification, allowing all phases of building inspection LAGUNA NIGUEL, Calif., and DENVER, March 27, 2019 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Kyle Robbins, the firm’s Senior Vice President Design […]
News Release: Sina Companies welcomes Wayne Yetman as senior vice president to lead development and leasing
Former DASCO Companies chief operating officer brings more than 30 years of real estate experience, including finance, development, leasing and sales, to the Palm Beach Gardens, Fla.-based firm PALM BEACH GARDENS, Fla., March 27, 2019 – Sina Companies has announced the recent addition of former DASCO Chief Operating Officer Wayne Yetman to its executive staff. Mr. Yetman […]
News Release: Construction completed on new medical office development in fast-growing San Marcos, Texas
(MARCH 26, 2019 – SAN MARCOS, TEXAS) – Transwestern Commercial Services (TCS) today announces Kogut Commercial Real Estate and Mittman Real Estate completed construction of Hunter Professional Plaza, consisting of 25,240 square feet of medical office space. Located at 151 Stagecoach Trail in San Marcos, Texas, the building is 41 percent leased. TCS Senior Vice […]
News Release: Historic Landmark set for Revitalization in Atlanta
FOR IMMEDIATE RELEASE NEWS RELEASE Date: March 25, 2019 ATLANTA, GEORGIA—A historic landmark hotel with quite an Atlanta history has been sold with plans for extensive affordable senior housing redevelopment. The former Atlanta Job Corp headquarters building in Atlanta’s West End was sold in late November to developer New Columbia Residential and Quest Community Development Organization. Daniel […]
News Release: Glenview Three-Building Medical Complex Sold by Bull Realty
FOR IMMEDIATE RELEASE NEWS RELEASE Date: March 25, 2019 Glenview, Illinois—Prairie Glen Medical Office Center in Glenview is centrally located to large Chicago-based hospitals and healthcare systems and is known to attract sizeable private practices and health system tenants. The 74,200 SF, three-building complex has been sold as of January 25, 2019 for $21,100,000. The seller was […]
News Release: Bull Realty is leading the commercial market with the most recent sale of two medical office buildings
FOR IMMEDIATE RELEASE NEWS RELEASE Date: March 25, 2019 ROCK HILL, SOUTH CAROLINA—Bull Realty managed the recent sale of two medical office buildings occupied by Atrium Health / Carolinas Healthcare System adjacent to the Piedmont Medical Center Campus. The properties have been sold at a total price of $11,875,000. Both buildings were acquired by Montecito Medical. Two […]
March/April 2019 PDF
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Feature Story: Combatting the likes of CVS, Walmart
At InterFace West, executives talk about adapting to a changing landscape LOS ANGELES – Competition from the likes of Amazon, CVS and Walmart. The continued consolidation of health systems and physician practices. Increased competition from other, often growing, health systems invading new turf. The need to get out into the community to provide services in […]
Archives: 2019
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March/April 2019
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) 2019 Archives 2018 Archives 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives