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News Release: Harrison Street and HealthAmerica Welcome Piedmont Internal Medicine to Newly-Renovated Northwest Medical Center in Atlanta
Private internal medicine practice to occupy 16,000-square-foot, custom-built space in premier, multi-tenant medical office building ATLANTA – April 11, 2019 – Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, and HealthAmerica Realty Group (“HealthAmerica”), an Atlanta-based health care real estate firm with more than 25 years […]
News Release: Marvin Crossing Medical Office Building Sold
April 10, 2019 | Press Release Charlotte, NC (April, 2019) – MPV Properties (MPV) is pleased to announce the sale of 16817 Marvin Road, Charlotte, North Carolina. This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Eighteen doctors will practice at this well-located office that sits at the signalized intersection of Ardrey Kell […]
News Release: The Sanders Trust acquires $49 million facility occupied by Bakersfield Heart Hospital in California
FOR IMMEDIATE RELEASE April 9, 2019 Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced its real estate acquisition of the Bakersfield Heart Hospital (BHH) an award-winning hospital located in Bakersfield, California. The 85,971 square foot, Class “A” facility was built in 2000 and adds California as the […]
News Release: Seavest sells Patient Care Centers at Inova Fair Oaks near Washington, D. C.
The firm renovated and repositioned the two adjacent medical office buildings on the campus of Inova Fair Oaks Hospital to better serve the tenants and their patients FAIRFAX, Va., and WHITE PLAINS, N.Y., April 3, 2019 – Seavest Healthcare Properties LLC has sold two medical office buildings (MOBs) on the campus of Inova Fair Oaks […]
News Release: HFF closes sale of The Children’s Hospital of San Antonio Health Pavilion in San Antonio, Texas
PHILADELPHIA, PA, April 3, 2019 – HFF announces it has closed the sale of The Children’s Hospital of San Antonio Health Pavilion, a brand new, 100-percent-leased, 57,250-square-foot, state-of-the-art and purpose-built medical office building located in the prestigious Stone Oak submarket of San Antonio, Texas. HFF marketed the asset on behalf of the seller, Seavest Healthcare […]
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 […]