News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Battle Creek, MI

NEWS PROVIDED BY American Healthcare Investors, LLC Mar 13, 2017, 16:30 ET BATTLE CREEK, Mich., March 13, 2017 /PRNewswire/ — 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 Battle Creek Medical Office Building, an approximately 46,000-square-foot property located on 7.34 acres […]

James B. "Jim" Connor, President and CEO, Duke Realty (Photo courtesy of Duke Realty)

Industry Pulse: Duke Realty CEO declines to comment on rumors of potential MOB portfolio sale

Since we learned March 2 about rumors that Duke Realty Corp. (NYSE: DRE) might be exploring the sale of some or all of its 86-asset medical office building (MOB) portfolio, we at Healthcare Real Estate Insights have been trying to determine the veracity of the story. So far, our efforts to obtain any comment from Duke Realty have […]

Unconfirmed reports say Duke Realty might sell its medical office portfolio. (Photo courtesy of Duke Realty)

Industry Pulse: $3 billion MOB portfolio sale on the horizon?

For an update version of this story, please see: Industry Pulse: Duke Realty CEO declines to comment on rumors of potential MOB portfolio sale Unconfirmed news report about a possible sale by Duke Realty was a hot topic at March 8 HRE conference in Los Angeles By John B. Mugford At the InterFace Healthcare Real Estate […]

Gresham Station Medical Plaza, Portland, Ore. (Photo courtesy of HFF)

News Release: HFF Sold: Gresham Station Medical Plaza In Portland, Oregon

Announcing the closing of Gresham Station Medical Plaza, Portland, Ore. Adventist Health-anchored value-add medical office building in the bustling Portland MSA Closed: February 2017 Sale Price: $23.5 million Size: 100,419 square feet Major Tenants: Adventist Health, Providence Health &Services, DaVita Broker: HFF Healthcare Capital Markets    

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News Release: A New Breed of Senior Living Community Is Coming to Pooler

POOLER, GEORGIA. March 6, 2017 Shepherd Health and Cobalt Seniors announce Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia. The joint venture has purchased the property from Southwest Quadrant Development and is developing the community with United Community Bank, architectural firm Erdman, and contractor […]

News Release: Anchor Health Properties Adds Two Key Professionals to the Platform

News Release: Anchor Health Properties Adds Two Key Professionals to the Platform

Wilmington, DE (March 6, 2016) – Anchor Health Properties, a national commercial real estate firm focused entirely on healthcare facilities, continues to build upon the substantial growth experienced in 2016. The firm has expanded to include approximately 600,000 square feet of projects under development, an acquisition platform with over $200M of new investments and now more than […]

News Release: Just Closed - Charlotte Medical Plaza I & II

News Release: Just Closed – Charlotte Medical Plaza I & II

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Charlotte Medical Plaza I & II in Charlotte, North Carolina. Sale Date February 8, 2017 Sale Price $23,000,000 Price Per SF $258 Building Size 92,581 SF Occupancy 86.40% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the […]

News Release: Capital One Closes $9.3 Million Loan to Refinance Florida Medical Office Building

Bethesda, Md. (March 6, 2017) – Capital One announced today that it provided a $9.3 million loan to refinance a 34,000-square-foot, off-campus medical office building in Lake Worth, Florida. This is the sixth transaction that Capital One has closed with Equity, Inc., a full-service real estate company whose services include development, construction, real estate brokerage […]

MedCraft is the developer-owner of this $5 million build-to-suit facility for Via Christi Clinic in Derby, Kan. (Rendering courtesy of MedCraft)

News Release: MedCraft tapped to build 15,000-square-foot facility for Via Christi

March 3, 2017 Via Christi Clinic to expand Derby presence Via Christi Clinic will be expanding its long-time presence in Derby, Kansas, once construction of the nearly 15,000-square-foot facility on the northwest corner of Tall Tree Road and Newberry Street, is complete this fall. Located just off of a rapidly developing section of Rock Road, […]

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The 73,238 square foot Adena Health Pavilion at 4437 Highway 159 in Chillicothe, Ohio, was part of Starwood Property Trust’s acquisition of a 35-building portfolio from NorthStar Realty Finance for $796.6 million to close out Q4 2016, bolstering the quarter’s total MOB sales volume to $3.33 billion.
Photo courtesy of Cornerstone Cos. Inc.

Transactions: MOB sales strong in Q4 2016

Bolstered by a big portfolio sale, quarter’s MOB volume hit $3.33 billion By John B. Mugford Commercial real estate brokers are known to say that sales of medical office buildings (MOBs), as well as other types of commercial real estate, typically pick up in the final quarter of most years. That was certainly the case […]

680 N. Lake Shore Drive in Chicago includes 493,064 square feet of medical office, office and retail space, plus a 331-space parking garage. (Photo courtesy of TopMed Realty)

Transactions: Welcome back, TopMed team

Former ProMed Properties executives make first acquisition as new company By John B. Mugford For a time, between 2006 to 2012, New York-based ProMed Properties was a significant owner of medical office and healthcare properties up and down the East Coast. During that half dozen years or so, ProMed, a subsidiary of Tel Aviv, Israel-based […]

LaSalle Investment Management acquired a 150,000 square foot repurposed former retail store from Finmarc Management for $81.8 million. (Photo courtesy of Penn Medicine)

Transactions: LaSalle acquires 150,000 s.f. MOB

Price was $81.8 million for repurposed former retail store in Cherry Hill, N.J. By John B. Mugford When Bethesda, Md.-based Finmarc Management Inc. acquired a vacant Syms department store building on an 11-acre in a heavily trafficked area of Cherry Hill, N.J., for $4.75 million in 2013, it had a number of options for transforming […]

Officials from WVU Medicine University Healthcare Physicians (UHP) and WVU Medicine University Healthcare gathered Jan. 18 with community representatives for a groundbreaking ceremony to celebrate the future site of the Spring Mills Medical Office Building.  (Photo courtesy of WVU Medicine University Healthcare)

Outpatient Projects: Physicians to own future MOB underway in far eastern West Virginia

SPRING MILLS, W.Va. – Ground has been broken in Spring Mills, in the far eastern part of the state, for a future $11 million MOB that will be owned by doctors with WVU (West Virginia University) Medicine Healthcare Physicians. The group has an affiliation with relationship with Morgantown, W. Va.-based WVU Medicine University Healthcare, which […]