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News Release: Just Closed. 1401 Philomena at Mueller (Austin, Texas)
Capital Markets | Healthcare & Life Sciences Just Closed Recently Completed, Class A Medical Outpatient Lease-up Opportunity in Austin, TX Transaction Highlights Date Closed: 5/15/24 Size: 129,382 SF Occupancy: 6% 1401 Philomena at Mueller | 1401 Philomena Street | Austin, TX CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of 1401 Philomena […]
Life Sciences: Breakthrough Properties to Welcome Three Mission-Driven Biotech Companies to One Canal Development in the Heart of Cambridge
NEWS PROVIDED BY Breakthrough Properties May 22, 2024, 10:54 ET Leases with Deep Genomics, Larkspur Biosciences and Incendia Therapeutics Executed Upon Substantial Construction Completion, Anchoring Breakthrough’s East Cambridge Waterfront Building BOSTON, May 22, 2024 /PRNewswire/ — Breakthrough Properties, a leading global developer, owner, and operator of life sciences real estate, today announced it has secured […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Reading Medical Outpatient Building for $10.5 Million
May 22, 2024 09:14 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a medical outpatient building located in Reading, Pennsylvania (the “Reading Healthcare Facility”), for […]
News Release: Longfellow Delivers Major Upgrades At San Mateo Science Center
San Mateo, CA (May 21, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, reaffirmed its support of the life science industry throughout the Bay Area and Peninsula region with the delivery of its San Mateo Science Center campus. Acquired by Longfellow in 2021, […]
Life Sciences: Lyra Therapeutics Announces Cost-Cutting Measures To Preserve Capital
WATERTOWN, Mass., May 21, 2024 (GLOBE NEWSWIRE) — Lyra Therapeutics, Inc. (Nasdaq: LYRA) (“Lyra” or the “Company”), today announced that it is advancing its goal to preserve capital by implementing a layoff of approximately 75% of its workforce, in addition to other cost-cutting measures. In the near term, Lyra Therapeutics will focus on the two […]
Thought Leaders: MOB Investment Activity Falls in Q1; Rental Rates Continue to Climb | Q1 2024 U.S. Medical Outpatient Buildings Figures
Figures | Medical Outpatient Buildings | Q1 2024 MOB Investment Activity Falls in Q1; Rental Rates Continue to Climb CBRE RESEARCH | MAY 2024 ⇩ 1.6 B Sales Volume ⇧ 7.0% Average Cap Rate ⇩ -0.1 MSF Net Absorption ⇧ 9.7% Vacancy Rate Note: Investment volume referenced in this report is compiled using the MSCI […]
Feature Story: What about the boilers?
Capital-constrained systems face competing priorities, BOMA panel says By John B. Mugford Sure, health systems throughout the country still want to build the brightest, shiniest, trophy facilities that not only attract patients but provide them with great experiences and keep them coming back. But then again, there are boilers that need to be repaired or […]
News Release: Just Financed. Three Multi-Specialty Medical Clinics in Greater Atlanta MSA
Berkadia Medical and Life Sciences JUST FINANCED Multi-Specialty Medical Clinics Metro Atlanta Berkadia Medical & Life Sciences is pleased to announce the construction financing of three (3) new multi-specialty medical clinics located in the Greater Atlanta Metropolitan Area. The purpose-built projects encompass ~13,475 square feet each and are 100% leased to a dominant regional primary […]
News Release: Fairfield Advisors announces sale of Medical Office Building in Columbus, OH
– $22,750,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the newly developed Medical Office Building in the Columbus, OH suburb of Reynoldsburg. The Medical Building is 61,838 square feet and was completed in Q1 2024. It is located in a […]
News Release: Northside Medical Buford opens
Published on May 20, 2024 Northside Hospital has opened its newest medical office building, Northside Medical Buford. The 100,000-square-foot facility at 2800 Buford Drive, between Coolray Field and the Mall of Georgia, brings a range of services to a fast-growing area of northern Gwinnett County. Hospital officials and local leaders celebrated the new building with […]
News Release: UM Health buys Grand Ledge site for new health care center
Published: May 20, 2024 LANSING, Mich. – University of Michigan Health will acquire an 11-acre site near Grand Ledge for a new health care center, after recent approval by the U-M Board of Regents. University of Michigan Health-Sparrow will operate the new ambulatory care center, which is expected to house both primary and specialty care […]
News Release: Maine Medical Center Scheduled to Open Malone Family Tower on June 9, 2024
May 17, 2024 PORTLAND, Maine – Maine Medical Center (MMC) is scheduled to begin admitting patients to its new 300,000-square-foot Malone Family Tower located on Congress Street on June 9. The Malone Family Tower, which will primarily serve cardiac and cardiovascular patients, is the final piece of the medical center’s multi-year expansion and modernization project […]
News Release: BMO Healthcare Real Estate provides $44,800,000 in acquisition financing to Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of the RUSH Oak Brook Medical Center.
Chicago, May 17, 2024 – BMO’s Healthcare Real Estate group announces that it closed a $44,800,000 acquisition loan for a joint venture led by Kayne Anderson Real Estate and managed by Remedy Medical Properties. The BMO loan provided financing for the acquisition of a 93,386 SF build-to-suit occupied by RUSH University Medical Center. The 2018 […]
News Release: Healthcare Property Advisors Launches HPA Exchange LLC to Offer Healthcare Real Estate Investments to Individual Investors
NEWS PROVIDED BY HPA Exchange, LLC May 17, 2024, 12:48 ET Backed by executives with decades of healthcare investment experience, firm will initially focus on Section 1031 exchange offerings ORANGE COUNTY, Calif., May 17, 2024 /PRNewswire/ — Healthcare Property Advisors announced today the launch of HPA Exchange LLC, a new real estate investment sponsor that will […]
News Release: Newmark Completes Sale of $28 Million Nationally Ranked Medical Outpatient Building Collection in Milwaukee, Wisconsin
FOR IMMEDIATE RELEASE Buyers Montecito Medical and AEW Capital Management continue the growth of their joint venture, acquiring core medical office buildings in strategic markets across the country. Milwaukee, WI (May 16, 2024) — Newmark announces it has completed the sale of a medical outpatient building (MOB) collection comprising two properties located in suburban Wisconsin. […]
