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Companies & People: Five questions with Debra Lemons
LEED certification isn’t always necessary, but it still pays to go green By John B. Mugford Is LEED (Leadership in Energy and Environmental Design) certification necessary when developing a new medical office building (MOB) or other healthcare real estate (HRE) facility? Is it worth the extra time, effort and expense? And should LEED certification affect […]
News Release: Saxum Real Estate Acquires Downtown Madison MOB
MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. […]
News Release: Just Closed: Mission Health Asheville Portfolio | 86,450 RSF
Just closed: Mission Health Asheville Portfolio The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Mission Health Asheville Portfolio, containing three medical office buildings totaling 86,450 rentable square feet in Asheville, North Carolina. The properties are under 10-year single-tenant leases to Aa3-rated Mission Health, the dominant healthcare provider in western North Carolina. […]
News Release: DaVita | STNL | Just Closed
JUST CLOSED: 20325 North 51st Avenue DaVita| $4,550,000 | Investment Services Group The Investment Services Group at Sun Commercial Real Estate is proud to announce the closing of a Single Tenant Absolute Net Leased DaVita Dialysis in Glendale, Arizona. DaVita Inc., a Fortune 500 company, serves as one of the largest kidney care companies in the USA and recently extended their term by 10 […]
News Release: Six Net-Leased Medial Office Assets Valued at $27.1 Million Closed
FOR IMMEDIATE RELEASE Contact: Gina Relva, Public Relations Director (925) 953-1716 Six Net-Leased Medial Office Assets Valued at $27.1 Million Closed By Jamie Medress and Mark Ruble of Marcus & Millichap NextCare Urgent Care, Goodyear Honor Health, Peoria Northwest Emergency Center, Marana PHOENIX, June 5, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real […]
News Release: Easterly Government Properties announces agreement to acquire 1,479,762 SF U.S. government leased portfolio for $430.0 million
~ 14 Property Mission Critical Portfolio ~ ~ $515 Million in Total Announced Acquisitions in 2018 ~ WASHINGTON, D.C. – June 18, 2018 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased […]
News Release: Hospital Planned for Sentara BelleHarbour Campus in Suffolk, VA
24-bed hospital will serve fast-growing North Suffolk June 18, 2018 By: Dale Gauding Sentara Healthcare has filed a Letter of Intent with the Virginia Department of Health for a Certificate of Public Need (COPN) for 24 inpatient beds, two operating rooms and a CT scanner on the campus on Route 17 Bridge Road. The Sentara BelleHarbour campus […]
News Release: New Patient Tower and Renovations at Mercy Hospital Jefferson
PRESS RELEASE: 03.12.2018 McCarthy has completed construction of a new three-story, 120,000-square-foot patient building on the campus of Mercy Hospital Jefferson in Crystal City, Mo. Constructed to the south of the existing hospital facility, the $73 million tower features 90 private patient rooms and is designed to accommodate a potential vertical expansion to add new […]
News Release: MedProperties, Cypress West Partners form JV to acquire Phoenix medical office building
The, 50,040 square foot West 101 Gateway MOB has class A finishes, an ideal location near major highways and a full-service medical campus, and excess land for future development PHOENIX and DALLAS, June 13, 2018 – In a continuation of its belief in the strong Phoenix healthcare market, MedProperties Holdings LLC has acquired its fourth […]
News Release: How Healthcare Providers Can Benefit from ROFOs and ROFRs
In a recent BOMA MOB conference appearance and a comprehensive new white paper, DOC executives share insights into how hospitals and health systems can maximize the value of their real estate rights when the buildings they occupy come up for sale. June 12, 2018 08:00 AM Eastern Daylight Time HOUSTON & MILWAUKEE–(BUSINESS WIRE)–Rights of first […]
News Release: Meridian Participates in San Francisco Acquisition!
Seavest Investment Group, assisted by Meridian, has closed escrow on a 87,190 square foot, 7-story office building at 939 Ellis Street in San Francisco. The Seller was a joint venture of Seattle-based Columbia Pacific Advisors and San Francisco-based Long Market Property Partners. The purchase price was $49 million. Meridian sourced this opportunity and then assisted […]
News Release: Class A Medical Office Building Sold | Nashville, TN
Investment Sale of Saint Thomas Medical Building 5700 Temple Road, Bellevue, Tennessee Anthony Lunceford and Joe Massa, the Nashville-based Executive Managing Directors of Colliers International’s Healthcare Investment Services group, transacted on the sale of a 22,300 SF three-story medical office building occupied by Saint Thomas Medical Partners. Located just 13 miles from downtown Nashville in Bellevue, […]
News Release: Robins & Morton Tops Out Atrium Health’s Carolina’s HealthCare System NorthEast Modernization Project
CONCORD, N.C. (PRWEB) JUNE 08, 2018 Robins & Morton and Atrium Health’s Carolinas HealthCare System NorthEast gathered on June 7 to officially top out the hospital’s latest modernization project. Attendees celebrated with a special ceremony recognizing the work of the construction team members in reaching the official completion of the steel structure. The project’s scope includes […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger
BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger with the add-on of a $6MM term loan to an cumulative $18MM Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as […]
News Release: Healthcare Trust of America, Inc. Announces Stock Repurchase Program
NEWS PROVIDED BY Healthcare Trust of America, Inc. Jun 08, 2018, 07:05 ET SCOTTSDALE, Ariz., June 8, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”) (NYSE: HTA) (the “Company”), a leading owner of medical office buildings, announced today that its Board of Directors approved a stock repurchase program authorizing the Company to purchase up to $100 million of its Class A […]