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News Release: Museum District Tower to undergo $10 million renovation
(JULY 13, 2017 – HOUSTON) – Transwestern today announces that Museum Medical Tower is undergoing a $10 million renovation. The 177,476-square-foot medical office tower is on the north side of the Texas Medical Center at 1213 Hermann Drive. HCP Inc., the building owner, engaged Cassetty Architecture out of Hendersonville, Tennessee, to create a design that […]
News Release: Bristol Hospital Selects Rendina to Develop Downtown Ambulatory Care Center
BRISTOL, Conn., and JUPITER, Fla., July 12, 2017 – The intersection of Main Street and Riverside Avenue in downtown Bristol will be the future home of Bristol Hospital’s 60,000-gross-square-foot Ambulatory Care Center (ACC). After receiving proposals from developers around the country, Jupiter, Fla.-based Rendina Healthcare Real Estate was selected to be the hospital’s partner to […]
News Release: Healthcare Trust of America Closes Over $2.6 Billion in 2Q Investments and Raises $2.9 Billion of Capital
Company Release – 7/12/2017 9:59 AM ET SCOTTSDALE, Ariz., July 12, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest owner and operator of medical office buildings in the United States, announced that during the second quarter, it had closed investments totaling over $2.6 billion including 93 properties aggregating 6.2 million square feet. Approximately 91% […]
News Release: Lillibridge Healthcare Services’ Ian Hughes receives BOMA leadership award
Lillibridge Healthcare Services’ Ian Hughes named BOMA 2017 ‘Southern Region Member Of The Year’ for Leadership in the association and the commercial real estate industry The company’s Senior Vice President of Property Management and Leasing was lauded for BOMA Georgia’s historically high event attendance, record membership numbers and a leadership training program that is fostering […]
News Release: Construction begins on new Riverside Medical Office Building
In order to provide the best care possible to our members and the community, Kaiser Permanente is building a brand-new, state-of-the-art medical office building to replace our current Riverside Medical Office Building. When complete, the new 210,000-square-foot building will include nearly double the number of provider offices, a larger pharmacy, a larger laboratory, and expanded […]
News Release: Anchor Health Properties Announces Acquisition of Denver Medical Office Portfolio
FOR IMMEDIATE RELEASE July 10, 2017 Contact: Emily Kanter, Maven Communications, ekanter@mavenagency.com, 215-434-7195 (Philadelphia, PA)- Anchor Health Properties, a national full service leasing, management, development, and investments firm focused on healthcare real estate, is pleased to announce the acquisition of a portfolio of three Class A medical office assets in metro Denver, Colorado on June 15th. The acquisition […]
News Release: Avison Young negotiates sale of Forest Glen Medical Office Building in Silver Spring, MD
For Immediate Release Thursday, July 6, 2017 Washington, DC – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of Forest Glen, a 62,379-square-foot (sf) class A medical office building located on the campus of […]
Transactions: DocREIT in the midst of buying $735 million in MOBs
Acquisitions include assets excluded from HTA-Duke deal and more CHI MOBs Physicians Realty Trust (NYSE: DOC), the Milwaukee-based publicly traded real estate investment trust (REIT) that has grown rapidly since its founding in 2013, recently announced that it has executed purchase and/or sale agreements with four separate entities for 18 medical office buildings (MOBs) at […]
Industry Pulse: Top 10 healthcare real estate stories of 2017 (so far)
As the first half of 2017 comes to a close, Healthcare Real Estate Insights takes a look back at the top 10 healthcare real estate news stories so far this year. 1. HTA agrees to buy Duke Realty’s healthcare real estate portfolio, business Rumors of a potential sale were confirmed May 1 when Healthcare Trust […]
News Release: Anchor Health Properties Announces Expansion of Management Portfolio
Newly assumed portfolio expands partnership with Penn Medicine (Philadelphia, PA)- Anchor Health Properties, a national, full-service healthcare real estate development, management and acquisitions company focused solely on medical facilities, is pleased to announce the assumption of property management and leasing services of a medical office portfolio anchored by Penn Medicine and located in suburban Philadelphia, […]
News Release: Easterly Government Properties Announces $127.5 Million 3.59% Fixed Interest Only Mortgage Financing on Department of Veterans Affairs Ambulatory Care Facility in Loma Linda, California
June 29, 2017 09:00 AM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–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 to U.S. Government agencies, announced today that it has closed on a $127.5 million mortgage loan […]
News Release: Physicians Realty Trust Announces $735.0 Million of Executed Purchase and Sale Agreements, Including the Pending Acquisition of the Baylor Charles A. Sammons Cancer Center
Physicians Realty Trust Date: 06-28-2017 For a complete listing of our press releases, please click here Acquisition Guidance for 2017 increased from a range of $800 Million to $1.0 Billion to a range of $1.2 Billion to $1.4 Billion Provides Estimates of Second Quarter Financial Impacts from Recent Events MILWAUKEE–(BUSINESS WIRE)– Physicians Realty Trust (NYSE: […]
News Release: IRET Announces Financial And Operating Results For The Quarter And Fiscal Year Ended April 30, 2017
Press Release Company Release – 6/28/2017 4:15 PM ET MINOT, N.D., June 28, 2017 /PRNewswire/ — IRET (NYSE: IRET) today reported its financial and operating results for the quarter and fiscal year ended April 30, 2017. Chief Executive Officer Mark Decker commented, “During our fiscal fourth quarter, we continued to make substantial progress on our […]
Industry Pulse: Are foreign investors poised to buy U.S. MOBs?
The time is ripe if senior housing is any indication, new JLL report contends BOSTON – It appears to be only a matter of time before a foreign investor makes a headline-grabbing acquisition of a large U.S. medical office building (MOB) portfolio, according to a new report from the Boston-based Healthcare Capital Markets team with Chicago-based Jones Lang […]
News Release: Flagship Healthcare Properties completes first Louisiana acquisition
For Immediate Release Charlotte, NC – June 22, 2017 – Flagship Healthcare Properties has made its first acquisition in the state of Louisiana, acquiring Covington Medical Arts Pavilion in the New Orleans MSA. The Class A, 55,000 square foot medical office building is certified LEED Silver, located at 5025 Keystone Boulevard, and joins the growing Flagship […]