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News Release: Prime Healthcare Services, Inc. Successfully Completes Real Estate Purchase of Hospitals and Medical Office Buildings From Medical Properties Trust
Prime now owns all operations and the real estate for the majority of its hospitals, decreasing debt and improving financial stability April 15, 2024 03:24 PM Eastern Daylight Time ONTARIO, Calif.–(BUSINESS WIRE)–Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center […]
News Release: HREA announces the sale of the Effingham (Ill.) Ambulatory Surgery Center
EFFINGHAM, Ill., APRIL 2024 — HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Effingham, IL. Effingham Surgery Center consists of 17,201 rentable square feet and is 100% leased and occupied by the practicing physicians in partnership with USPI and Sarah Bush Lincoln […]
News Release: Alfred Sanzari Enterprises Welcomes Columbia Surgical Outpatient Center to Glenpointe
For Immediate Release Teaneck, N.J. (April 15, 2024) – Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces its lease of 4,283 square feet with Columbia University Irving Medical Center at the company’s Glenpointe corporate campus in Teaneck, N.J. Alfred Sanzari Enterprises was represented by Newmark’s Jeff Schotz, Peter […]
News Release: Brand-new surgery center and medical office building unveiled by AdventHealth Daytona Beach (Fla.)
April 12, 2024 AdventHealth Daytona Beach celebrated the official opening of its $45.7 million campus-based medical office building and ambulatory surgery center yesterday. Brand-new surgery center and medical office building unveiled by AdventHealth Daytona Beach Spanning three floors, the 60,000-square-foot facility is located on the hospital campus of AdventHealth Daytona Beach and is now home […]
News Release: ZT Corporate Announces Successful Institutional Exit of Healthcare Real Estate
– The exit frees up capital and pays off debt, positioning the firm for operational growth – April 15, 2024 09:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, today announced that it has successfully exited its remaining healthcare real estate assets for its portfolio […]
News Release: Dominion sells 11,892 sf medical office building located within the Medical Mile in Flint (Mich.)
2024-04-11 20:20:39 GMTpress Bingham Farms, MI (April 2024) – James Mitchell, Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) and Michele Rosenblum, Vice President of Brokerage at Lee & Associates, represented the owner, LSPV Cornerstone Owner, LLC aka Versa Development in the sale of a 11,892 SF medical office building located at […]
News Release: Solugen Breaks Ground on Bioforge™ Marshall Facility, Bolstering U.S. Biomanufacturing Capabilities
NEWS PROVIDED BY Solugen Inc. MARSHALL, Minn., April 11, 2024 /PRNewswire/ — Solugen, a rapidly scaling climate technology company revolutionizing everyday chemicals, broke ground on its new state-of-the-art biomanufacturing facility today during a ceremony held in Marshall, Minn. The new facility is the result of a strategic partnership with ADM (NYSE: ADM), a global leader in […]
News Release: IRA Capital acquires 237,000 life science/R&D campus in Columbus
PRESS RELEASE FOR IMMEDIATE RELEASE 3435 Stelzer Road in the Easton Submarket of Columbus is home to Sarepta Therapeutics’ Gene Therapies Center of Excellence Irvine, CA – April 11, 2024 – IRA Capital (“IRA”), a Southern California-based real estate private equity firm, is pleased to announce the acquisition of a 237,000 square-foot life science campus […]
News Release: City of Hope Cancer Center Phoenix Breaks Ground on Surgical Center Expansion With Valley Community
Apr. 11, 2024 Press Release PHOENIX, Ariz. — City of Hope® Cancer Center Phoenix today broke ground on a leading-edge surgical center expansion, marking the latest milestone in its mission to bring optimal cancer care to more patients, families and communities. The expansion will dramatically expand City of Hope’s capacity in Arizona and further cement […]
News Release: Healthcare industry embraces shift to outpatient care sites
News release JLL’s new Medical Outpatient Building report details the transformations occurring in the healthcare industry CHICAGO, April 11, 2024 – People taking care of other people is at the core of healthcare, and real estate provides safe and healthy spaces for providers and systems to keep communities thriving. How and where people get their […]
News Release: Highwoods Announces Recent Disposition Activity
FOR IMMEDIATE RELEASE Sells $79.4M of Non-Core Assets RALEIGH, NC – April 4, 2024 – Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing […]
Transactions: Evergreen buys seven Raleigh, N.C., medical assets
Highwoods Properties sold the portfolio for $62.5 million; JLL was the broker By Murray W. Wolf RALEIGH, N.C. – Highwoods Properties Inc. (NYSE: HIW) announced last Thursday, April 4, that it has sold eight Raleigh-area properties – including seven medical buildings – for a total of $79.4 million. The medical outpatient buildings (MOBs), plus one […]
Transactions: Remedy buys Rochester, N.Y., area MOB for $43 million
Broadstone Net Lease sold the 119,983 s.f. facility in the suburb of Greece, N.Y. By Murray W. Wolf GREECE, N.Y. – An affiliate of Chicago-based Remedy Medical Properties has acquired a four-story, 119,983 square foot MOB in the Rochester, N.Y., suburb of Greece from Broadstone Net Lease (NYSE: BNL) for $43 million. That’s according to […]
News Release: Sila Realty Trust, Inc. to Pursue a Listing on the New York Stock Exchange
April 08, 2024 09:03 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce that management and the Board of Directors […]
Life Sciences: LSRE developers are still developing
There are still opportunities if you have the right ingredients, Revista panelists agree By Murray W. Wolf Editor’s note: This article is part two of our coverage of a recent panel discussion on life sciences real estate (LSRE) development. Part one appeared last week. PASADENA, Calif. – In light of a 43.8 percent decline in […]
