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News Release: Just Sold: BayCare Urgent Care – St. Petersburg
Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Grand Junction, Colorado
GRAND JUNCTION, Colo. (July 9, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired a Class A medical office building in Grand Junction, the largest city in western Colorado, for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand […]
Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale
DELRAY BEACH, Fla. – Miami-based Flagler Investment Holdings recently acquired the 32,520 square foot Delray Medical Office at 4675 Linton Blvd. in Delray Beach, a city along the Atlantic Ocean. According to healthcare real estate (HRE) research firm Revista, the price was $9.75 million, or $295 per square foot (PSF), for the 75 percent occupied […]
New Release: Colliers International completes strategic investment in Harrison Street Real Estate
Date Published: 07/05/2018 Leading Real Estate Asset Investment Manager Anchors New Growth Platform TORONTO AND CHICAGO, July 5, 2018 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) has completed its previously announced, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real […]
News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB
Inland Real Estate Acquisitions, LLC Closes the Purchase of Phoenix, Arizona Medical Office Building Oak Brook, Ill. (June 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate […]
News Release: Cushman & Wakefield Names Shane Funston as Senior Director
News Release Cushman & Wakefield Names Shane Funston as Senior Director Seasoned Industry Professional Bolsters Firm’s Healthcare Advisory Group PHILADELPHIA, Pa., June 29, 2018 – Cushman & Wakefield has named Shane Funston as a senior director of its Commercial Brokerage and Healthcare Advisory groups. Based in the global real estate firm’s Philadelphia office, Funston brings […]
Thought Leaders: LEAP Agency Releases Healthcare Whitepaper Geared Toward Millennials
A study on how healthcare providers can engage the attention of the Millennial generation. Louisville, Kentucky, June 28, 2018 (Newswire.com) – To succeed in the digital economy, healthcare providers need to start paying more attention to the Millennial generation. Understanding this generation’s perspective and what their needs are is the only way to stay relevant […]
News Release: Campbell Clinic and Rendina Celebrate Construction Start of 120,000 SF MOB in Germantown, Tenn.
FOR IMMEDIATE RELEASE Media Contact: Steve Barry, 561.630.5055, sbarry@rendina.com GERMANTOWN, Tenn., and JUPITER, Fla., June 27 2018 – Staff members of Campbell Clinic, city officials and representatives from Rendina Healthcare Real Estate gathered to celebrate the groundbreaking of Campbell Clinic’s new 120,000 square foot medical facility on Thursday, May 24. The ceremony was held at the […]
News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives
News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]
News Release: New Scripps Medical Office Building Coming to Oceanside
New Scripps Medical Office Building Coming to Oceanside June 26, 2018 Oceanside Planning Commission approves facility to better serve North County residents Scripps Health will construct a new medical office building in Oceanside. The 85,000-square-foot facility was approved in a unanimous vote Monday by the Oceanside Planning Commission. “We are very pleased to be able to […]
News Release: Torrance Memorial Medical Center Breaks Ground On Hunt Cancer Center
Posted on Jun 26, 2018 South Bay Patients to Benefit from Expanded Access to Clinical Trials and Subspecialists through Cedars-Sinai Affiliation TORRANCE, CA, June 20, 2018 – Today, Torrance Memorial Medical Center broke ground on the Hunt Cancer Center, a 37,000-square-foot facility, designed to consolidate and strengthen cancer care in the South Bay. The center is named […]
News Release: GE Focuses Portfolio for Growth and Shareholder Value Creation
June 26, 2018 Company to focus on Aviation, Power and Renewable Energy Healthcare to become standalone company; GE expects to monetize 20% and distribute remaining 80% of GE Healthcare to shareholders tax-free Plans to fully separate Baker Hughes, a GE company (BHGE) Strengthening the balance sheet: Clear path to reduce debt by $25 billion, achieve […]
News Release: Penn State Health announces plans to build hospital in Cumberland County
New facility would ensure health care access and choice for residents of Cumberland and Perry counties June 26, 2018 Penn State Health News Residents of one of the state’s fastest growing areas will soon have improved health care access and choice close to home when Penn State Health opens a new acute care hospital on […]
Transactions: Business as usual for Harrison Street
After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]
News Release: 60-acre wellness village being planned for Texas
Partnership Bringing Healthcare to the Community of Mesquite Dallas, TX (June 26, 2018) – A new sixty (60) acre master-planned wellness campus, known as The Verde Center at Peachtree, has received a formal green light from the Mesquite City Council to proceed. The Verde Center at Peachtree is a proposed mixed-use medical campus that will […]