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For Sale: There Is A New Market For Medical Office Buildings
Private Investors, 1031 Exchange Buyers and Foreign Investors are now driving the market and paying premiums for medical office properties. Many of the buyers have never owned medical before and are drawn to the perceived stability of the cash flow and the asset type. Our team specializes in finding these “needle in the haystack” buyers. For more […]
News Release: Crossroads Partners Awarded Management of Brand New 30,000 Square Foot Medical Office Building
Crossroads Partners added ten properties to its managed portfolio last year for a net increase of 800,000 square feet under management, a nearly 25% increase over 2015. Its brokerage division also experienced exceptional growth ending 2016 with over 1.34 million square feet represented for sale and lease, making Crossroads Partners one of the fastest growing […]
News Release: Just Closed – St. Elizabeth Medical Office Building Construction Financing
The transaction involved the construction-to-permanent financing of a 100 percent pre-leased medical office building located in Greendale, Indiana. Deal Highlights Property type: Medical Office Building Financing: Construction-to-Permanent RSF: 24,750 Location: Greendale, Indiana The JLL Healthcare Capital Markets Group is pleased to secure the construction-to-permanent financing of a 100 percent pre-leased medical office building to St. […]
News Release: HFF closes $17 million sale of Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital
PHILADELPHIA, PA – February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate of George Comfort […]
For Sale: New Listing – 100% Occupied Core Retail/Medical Investment Property
The Property Colliers International is pleased to present the100%-occupied, core Retail/Medical Investment property prominently located on Fairmont Parkway in Pasadena, the second largest city in Harris County and a suburb of Houston, Texas. Investment Highlights Property Size – 29,114 SF Buildings – 2 Acreage – 3.329 Occupancy – 100% Reliable, Long-Term Tenants Highly Visible […]
For Sale: Medical Suites Available Near HonorHealth Shea
Edwards Professional Park II Stable ownership is motivated to do deals! Five, two story buildings in close proximity to HonorHealth Scottsdale Shea Medical Center & Mayo Clinic. Many retail and restaurant amenities nearby Availability: Suite 113: 6,024 RSF (Partially built-out high-end radiology center) Suite 202: 992 RSF (Grey Shell) Suite 204: 1,090 RSF (Medical) Contiguous […]
News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems
NEWS PROVIDED BY Steward Health Care System Feb 16, 2017, 16:15 ET BOSTON, Feb. 16, 2017 /PRNewswire/ — Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”). The transaction is expected to close in the second quarter of 2017, subject […]
News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania
FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]
News Release: Medical Office Sales at Near Record in 2016
JLL research reports that medical office sales in 2016 were $7.64 billion, the second highest year on record, following the breakout year of 2015 with $9.03 billion in sale volume. Sales Highlights Key Points: Sales of medical office buildings and outpatient care facilities exceeded all prior years except for 2015, providing solid support to the […]
HCI Presents Solutions to Four Common Traps Preventing Successful Use of BIM in Healthcare Operations & Maintenance
Four Traps Slowing Utilization of BIM in Today’s Healthcare Operations is Third in the Popular White Paper Series February 16, 2017 – The number of healthcare owners receiving building information modeling (BIM) data following construction is rising and, with it, confusion about how best to apply this data to improving the building lifecycle. Healthcare organizations […]
News Release: Groundbreaking held for first phase of healthcare campus in Downtown
Los Angeles, California –February 16, 2017 – Commercial real estate investment firm Robhana Group, and development firm Inception Property Group, held a groundbreaking ceremony for a new, state-of-the-art, 60,000 square foot outpatient medical office building and supporting parking structure at Washington Blvd. and Hoover St. at the I-110/I-10 freeway intersection, in the Pico-Union area of […]
News Release: Lankenau Medical Center planning to enhance and expand emergency department
LANKENAU MEDICAL CENTER FEBRUARY 16, 2017 NEWS RELEASES The $52.8 million dollar expansion project is expected to be complete in early 2019 Lankenau Medical Center, part of Main Line Health, received approval from the Main Line Health Board of Governors to move forward with an Emergency Department Expansion Project. Originally built to handle 35,000 visits per year, […]
News Release: UCHealth’s new outpatient health center to provide primary care, specialty care and a surgery center for Denver, Cherry Creek residents
Five-story building with four-level underground parking garage at 100 Cook Street brings access to advanced care and clinical trials close to home Aurora, Colo. (February 16, 2017) – Patients throughout Cherry Creek and metro Denver will soon have access to additional health care options, close to home, at UCHealth’s new health center at the intersection of […]
Thought Leaders: Marcus & Millichap Medical Office Research National Report “2017 Outlook”
Generational Differences Driving Growth, Advancement in Today’s Medical Office Market Generational cohorts create diverging trends in healthcare. The aging U.S. population, combined with emerging differences in the way generations process healthcare information, have been signifi cant drivers in the nation’s healthcare industry. As the 65-and-older age segment increases by 20 million individuals over the next 10 years, demand for healthcare services […]
News Release: Caddis to begin developing second senior living community in Georgia
The Heartis® independent living, assisted living and memory care residence in Suwanee near Atlanta will offer a wide variety of amenities and special services WANEE, Ga., and DALLAS, Feb. 15, 2017 – In a continuation of a major expansion into the Southeastern United States, Caddis™, a national healthcare real estate firm headquartered in Dallas, will […]