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News Release: NGKF Completes 10-Year, 18,500-Square-Foot Lease with UCLA Health in South Bay Market of Los Angeles County
Los Angeles, CA (December 2, 2015) — Newmark Grubb Knight Frank (NGKF) has completed a 10-year, 18,500-square-foot lease with UCLA Health in the South Bay market of Los Angeles County. Located at The Financial Center at 501 Deep Valley Drive in Rolling Hills Estates, UCLA Health, which previously occupied 7,500 square feet on the asset’s […]
News Release: Griffin-American Healthcare REIT III Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction
IRVINE, Calif. (Dec. 2, 2015) – Griffin-American Healthcare REIT III, Inc. (“Griffin-American”) today announced that, pursuant to a joint venture with NorthStar Healthcare Income, Inc. (“NorthStar Healthcare”), it has completed the acquisition of approximately 96 percent of Trilogy Investors, LLC (“Trilogy”), the parent company of Trilogy Health Services LLC, for a purchase price that is […]
News Release: Just Closed – The Urology Center of Colorado
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of The Urology Center of Colorado in Denver, Colorado. Sale Date: November 25, 2015 Sale Price: $35,150,000 Price PSF: $624 Building Size: 56,349 SF Year Built: 2006 Percentage Leased: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]
News Release: Call for Entries: Urban Land Institute Global Awards for Excellence
Winners To Be Announced at the 2016 Fall Meeting in Dallas For more information, contact: Robert Krueger at rkrueger@uli.org WASHINGTON (December 1, 2015) – The Urban Land Institute (ULI) today announced that it’s now accepting entries for its Global Awards for Excellence, widely recognized as one of the land use industry’s most prestigious award programs. […]
News Release: CNL Healthcare Properties Obtains $250 Million Term Loan
$680 million credit facility provides capital for growing REIT portfolio (ORLANDO, Fla.) Dec. 1, 2015 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare properties, has entered into an agreement for a $250 million term loan, with the option of increasing the loan up to $350 million. At […]
News Release: Closing Announcement – Orthopedic ONE MOB
Holliday Fenoglio Fowler, L.P. (“HFF”) exclusively represented the Seller on the Orthopedic ONE MOB, a strategic 24,836 rentable square foot off-campus medical office building in suburban Columbus, Ohio. The Property was built in 2006 and is currently 100% leased to two tenants. HFF’s team oriented approach to marketing the asset produced an investor not previously […]
News Release: Bayonne celebrates 80,000 square foot freestanding emergency department and medical office building
FOR IMMEDIATE RELEASE Media Contact: Steve Barry, Rendina, 866.630.5055, sbarry@rendina.com Bayonne celebrates 80,000 square foot freestanding emergency department and medical office building Rendina Healthcare Real Estate recently unveiled the design for Barnabas Health at Bayonne in Bayonne, N.J. The 80,000 square foot medical office building will house a freestanding emergency department, as well as other […]
News Release: Hammond Hanlon Camp LLC Advises Cedars-Sinai Medical Center on the Acquisition of Marina Del Rey Hospital and a Majority Interest in Del Rey Surgery Center
Click here to view in web browser Hammond Hanlon Camp LLC | H2C News ATLANTA | CHICAGO | NEW YORK | SAN DIEGO …………………………….. “H2C was instrumental in assessing this strategic opportunity […]
News Release: Quorum Health Resources Leases Mallory Park Building Developed by Southeast Venture
Quorum Health Resources moving headquarters from Maryland Farms into new Mallory Park buildings NASHVILLE, Tenn. November 25, 2015 — Quorum Health Resources, a subsidiary of Community Health Systems, has signed a lease for the second of two buildings in Mallory Park being developed by Southeast Venture. In September, Mallory Park was announced as the future headquarters […]
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Archives: November 2015
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Transactions: MOB sales remain on record pace
Relentlessly red-hot investment market accelerated to another record during Q3 By John B. Mugford With just one quarter left in 2015, the total dollar volume of medical office building (MOB) sales for the year was approaching, and was certainly on a course to surpass, the record-setting total of a 2014. That 2015 is turning out […]
Transactions: Seavest lands MOB on Trinity campus
Private equity firm acquires Grandview Physicians Plaza in Birmingham, Ala. By John B. Mugford For more than a decade, a nearly completed but never opened 12-story hospital loomed over a busy stretch of U.S. Highway 280 about eight miles south of downtown Birmingham, Ala. The Digital Hospital was to be the flagship hospital for HealthSouth […]
Transactions: Meridian divests revamped MOB
Firm sells office building in Rohnert Park, Calif., that it acquired and repurposed By John B. Mugford It looks as if the value-add purchase that San Ramon, Calif.-based Meridian made in March 2014 has paid off – after the company used plenty of foresight and made upgrades to the facility. The firm, a subsidiary of […]
Transactions: Health system acquires Building that it occupies in Chula Vista, Calif.
CHULA VISTA, Calif. – San Diego-based Sharp Healthcare recently paid $22.5 million to acquire a three-story, 67,000 square foot MOB at 1400 East Palomar St. in Chula Vista, according to data from real estate researcher Real Capital Analytics (RCA) Inc.