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News Release: CBRE Closes New Braunfels Surgical Center Sale
SAN ANTONIO (March 24, 2014) – CBRE announces the sale of Christus Santa Rosa Physicians’ Ambulatory Surgical Center (CSR-PASC) in New Braunfels, Texas. Scott Herbold, with CBRE’s Investment Properties group, represented the sellers in the transaction. Austin-based real estate private equity firm Long View Equity Partners purchased the center for an undisclosed price. The 18,855-square-foot […]
News Release: Meridian Property Co. Acquires 69,000 SF Medical Office Building in Rohnert Park, Calif. * * * Meridian Plans to Re-Lease Building to include 35,000 SF Tenant
SAN RAMON, CALIF. — Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of a 69,000-square-foot medical office building in Sonoma County at 5900 State Farm Drive in Rohnert Park, Calif. Built in 1973 on 4.79 acres, […]
News Release: HSA PrimeCare Completes Sale of 23,000 SF Indianapolis Medical Office Building to Multi-Specialty Surgery Center
CHICAGO (March 20, 2014) — HSA PrimeCare, the national health care real estate division of Chicago-based HSA Commercial Real Estate, announced today that the firm has completed the sale of the North Meridian Medical Center at 10601 North Meridian Street in Indianapolis, Ind. The 23,000-square-foot facility, located at the intersection of 106th Street and Meridian […]
News Release: The Bill Holmes Tower at CHOC Children’s Hospital Wins Associated General Contractors of America’s Alliant Build America Award
The children’s hospital project, which was completed 64-days ahead of schedule while achieving an exceptional safety record and the highest levels of quality, was lauded as one of the best construction projects in the country for 2013. NEWPORT BEACH, CALIF., (March 20, 2014) – The Bill Holmes Tower at CHOC Children’s Hospital recently received an […]
News Release: Holladay Properties signs 10 year, 6,800 SF lease in Dyer, Ind.
(Dyer, Ind.) Holladay Properties is pleased to announce a new 10 year lease deal with CardioSpecialists Group and Midwest Arrhythmia Consultants, a preeminent comprehensive cardiology group practice. CardioSpecialists will occupy 6,800 square feet in Suite 400 of at the Medical Pavilion South building located at 2150 Gettler Street on the campus of the Franciscan Alliance […]
Thought Leaders: The Alter Group on Branding Real Estate
BRANDING COMMERCIAL REAL ESTATE Read Richard Gatto’s New Article With Forbes about to launch the first global line of branded office towers, it’s clear that branding isn’t just for breakfast cereals and fast cars any more. But how do you brand commercial buildings or even a portfolio so it commands a premium in the market? […]
Thought Leaders: Cushman & Wakefield Report Suggests New Rules and Significant Changes for Healthcare Real Estate
WASHINGTON, D.C. – March. 6, 2014 – The healthcare industry will see significant changes in 2014 in how consumers seek health services, according to a white paper by Cushman & Wakefield’s Healthcare Practice Group. Recently enacted reforms, including health exchanges and a more at-risk consumer, are causing many changes in the industry, including where healthcare […]
February 2014 PDF
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Archives: February 2014
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Hot Property: Cancer Institute Hits the Market
Hospital campus facility is in California’s ‘wealthiest’ county, Marin Name: Marin Cancer Institute Address: 1350 South Eliseo Dr. City: Greenbrae, Calif. Number of buildings: 1 Square feet: 45,277 Occupancy: 100% Tenant: Marin General Hospital Lease expiration: 2028 Brokers: Lee Asher, Chris Bodnar, Seth A. McKinnon Brokerage firm: CBRE GRENBRAE, Calif. – In November, residents in […]
Cover Story: A look ahead
Some of the HRE sector’s leading professionals weigh in on the year to come By John B. Mugford The first part of 2014 brings with it myriad questions regarding the nation’s healthcare industry. Subsequently, that also means that questions abound concerning healthcare real estate (HRE), even though our unscientific poll finds that most professionals involved […]
Cover Story: Development: More activity, but who will own the MOBs?
By John B. Mugford The number of newly developed MOBs has held steady in recent years, with about 7 million to 8 million square feet completed in 2012 and 2103, according to a number of sources. But even though most HRE professionals do not believe that the enrollment of newly insured patients under the PPACA […]
Cover Story: MOB sales: What’s next after a record-setting 2013?
By John B. Mugford As most people involved in the sector know by now, 2013 was a record year for medical office building (MOB) sales. Data from Real Capital Analytics Inc., a real estate research firm, indicate that more than $6.5 million worth of MOBs traded hands in 2013, a total that includes only transaction […]
Transactions: A record-setting year for MOB sales
The MOB sales volume reached new heights last year, exceeding $6.5 billion By John B. Mugford Just when it seemed as if the sales volume of medical office buildings (MOBs) couldn’t go any higher in a single year, along came 2013. Just a year earlier, 2012 became the second-highest year for MOB sales of all […]
Transactions: CNL Healthcare pays $60 million for MOBs
Unlisted REIT acquires two medical office buildings in Florida and two in California By John B. Mugford CNL Healthcare Properties, an unlisted real estate investment trust (REIT) sponsored by Orlando, Fla.-based CNL Financial Group LLC, continues to make headway in the HRE sector. In recent weeks, the REIT closed on the acquisition of two medical […]
