News Release: $9,750,000 Medical Office Building Sale

News Release: $9,750,000 Medical Office Building Sale

Fairfield Advisors announces sale of 2 Medical Office Building Portfolio in Illinois (OSF Health) $9,750,000 Transaction (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of two Medical Office Buildings in Illinois. The buildings total 21,500 square feet and are located in Godfrey and Dwight. […]

News Release: Aanika Biosciences Expands to New Facility in Industry City, Establishing Hub for Food Safety and Innovation

News Release: Aanika Biosciences Expands to New Facility in Industry City, Establishing Hub for Food Safety and Innovation

Press Release By NYCEDC DEC 07 2023 press@edc.nyc (212) 312-3523 NYCEDC Invested $800,000 to Cutting-Edge Biotechnology Company as Part of the NYC LifeSci Expansion Fund; NYC Continuing to Cement Itself as a Global Leader in Biotech State-of-the-Art Space Features Highly Specialized Molecular Biology Equipment, Fermentation Production Facility and Houses Cultured Colonies, an Incubator for Seed-Stage-Agriculture-Tech […]

News Release: Spark LS Delivers Three Buildings and Onsite Tour Experience as it continues development on the 109-acre site

News Release: Spark LS Delivers Three Buildings and Onsite Tour Experience as it continues development on the 109-acre site

Morrisville, NC – December 07, 2023 – Development continues at Spark LS, the premier 109-acre advanced life science campus in the Research Triangle region. Ownership (Trinity Capital) recently delivered Phase 1 of a total planned 1.5 million square feet, which included 525,000 square feet over three tenant-ready buildings to support research and development and biomanufacturing […]

News Release: Hammes Healthcare celebrates opening of GBMC HealthCare Louis and Phyllis Friedman Building

News Release: Hammes Healthcare celebrates opening of GBMC HealthCare Louis and Phyllis Friedman Building

FOR IMMEDIATE RELEASE: Milwaukee, WI, December 6, 2023 – Hammes Healthcare, a leading provider of consulting and project delivery services, celebrated the completion of the new Louis and Phyllis Friedman Building at GBMC HealthCare, which opened to patients on November 14. Hammes served as project manager and provided operational readiness services for the new 117,000-square-foot […]

News Release: GI Partners Launches UDLR Healthcare to Invest in Medical Outpatient Buildings

Dec 06, 2023Real Estate Partnership with Former Healthcare Trust of America Executives Scottsdale, Arizona, December 6, 2023 – GI Partners, a leading private alternatives investment firm, today announced the establishment of a new venture focused on investments in medical outpatient buildings (MOBs). The platform, UDLR Healthcare, is a partnership between GI Partners and a team […]

News Release: Zoning Changes In Pasadena (Calif.) Set To Boost Life Science Industry

News Release: Zoning Changes In Pasadena (Calif.) Set To Boost Life Science Industry

December 6, 2023 News PASADENA, Calif.— In a move to bolster innovation and economic growth, the City of Pasadena unveils strategic zoning changes aimed at expanding and growing the City’s bioscience industry. These changes are poised to take Pasadena to the next level, as a thriving hub for life science research and development. The revised […]

News Release: PACE facility in Long Beach trades

News Release: PACE facility in Long Beach trades

JLL Capital Markets represented Turner Impact Capital in the sale of the WelbeHealth Long Beach Center LOS ANGELES, Dec. 5, 2023 – JLL Capital Markets announced today that it arranged the sale of the WelbeHealth Long Beach Center, a newly renovated, 15,860-square-foot PACE (Program of All-Inclusive Care for the Elderly) facility in Long Beach, California. […]

News Release: Matan Companies Signs 198,000 SF Full-Building Lease with AstraZeneca at 700 Progress Way in Gaithersburg, MD

News Release: Matan Companies Signs 198,000 SF Full-Building Lease with AstraZeneca at 700 Progress Way in Gaithersburg, MD

5 December 2023 Matan Companies, a leading real estate development and investment firm, announced today the successful execution of a full-building lease agreement with AstraZeneca, a global, science-led biopharmaceutical company, for 198,000 square feet at 700 Progress Way in Gaithersburg, Maryland. This significant lease transaction further strengthens Matan Companies’ commitment to providing high-quality, cutting-edge facilities […]

Meadows & Ohly developed the 12-story, 326,000 square foot Innovation Tower in partnership with AdventHealth and physicians in the building. The facility began opening in Orlando, Fla., in late 2022 and provides a wide range of services and research. It is part of AdventHealth’s 172-acre Health Village near the city’s downtown and includes a freestanding emergency department, a surgery center, research facilities and an imaging center. (Photo courtesy of Meadows & Ohly)

Project Case Study: A landmark rises above Orlando

Meadows & Ohly partners with AdventHealth on the 12-story Innovation Tower By John B. Mugford For healthcare real estate (HRE) firms, the chance to develop a large outpatient facility that will help a health system define its presence on a major campus might only come along once in decades, if at all. However, that is […]

Render for 165,000 SF expansion of Ionis' Carlsbad life sciences campus and HQ (CNW Group/Oxford Properties Group Inc.)

News Release: Oxford Properties Breaks Ground On 165,000 Sq Ft Expansion Of Ionis Pharmaceuticals Carlsbad Campus

NEWS PROVIDED BY Oxford Properties Group Inc. 05 Dec, 2023, 11:00 ET – Build to suit development will expand Ionis’ campus footprint to over 400,000 square feet; grow Oxford’s San Diego life sciences portfolio to more than 1 million square feet – CARLSBAD, Calif., Dec. 5, 2023 /PRNewswire/ – Oxford Properties Group (“Oxford”), a leading […]

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News Release: Cypress West Partners Completes Construction on Queen Creek, AZ’s First New Off Campus Medical Office Building

For Immediate Release: Queen Creek, AZ (December 4, 2023) – Cypress West Partners has completed construction on a new 22,000 square foot medical office building in the fast-growing community of Queen Creek, AZ. The building is 100 percent leased to five tenants including Action Behavior Centers, a leading applied behavior analysis (ABA) therapy for autism […]

TGH Spring Hill hospital, located at 10461 Quality Dr. in Spring Hill, Fla.  Photographed on Dec. 6, 2023.

News Release: Tampa General Hospital Completes Acquisition of Bravera Health and Introduces “TGH North”

PUBLISHED: DEC 1, 2023 TGH North Integrates Community Hospitals in Citrus and Hernando Counties with Tampa General, Extending the Reach of One of the Nation’s Leading Academic Health Systems to More Communities Across Florida. Tampa, FL (Dec. 1, 2023) –Tampa General Hospital TGH) announced today the completion of its acquisition of the Bravera Health network. […]

MedStar Health senior leaders, Philanthropist Grant Verstandig, Georgetown University President John J. DeGioia, Washington, D.C., Deputy Mayor Wayne Turnage, and City Councilmember Brooke Pinto cut the ribbon on the brand new Verstandig Pavilion at MedStar Georgetown University Hospital.

News Release: Newly Unveiled Verstandig Pavilion at MedStar Georgetown University Hospital Promises Continued World-Class Care in a World-Class Facility

NEWS PROVIDED BY MedStar Georgetown University Hospital 30 Nov, 2023, 19:07 ET The highly anticipated opening will make MedStar Georgetown home to the Washington, D.C., region’s most advanced healthcare facility. WASHINGTON, Nov. 30, 2023 /PRNewswire/ — MedStar Georgetown University Hospital has officially unveiled the brand new Verstandig Pavilion, which is set to open December 10, 2023. […]

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Feature Story: MOB pricing has stabilized, but deals are few

InterFace panel says buyer and seller pricing expectations have narrowed By John B. Mugford Well, it seems there is both good news, albeit a somewhat small amount, and bad news – a pretty big, significant chunk of bad news, actually – concerning the current state of medical office building (MOB) investing. The good news is […]

News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego

News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego

November 28, 2023 Scheduled to open in the first half of 2024, Lilly’s new Gateway Labs location, in partnership with Alexandria Real Estate Equities, will feature a world-class, state-of-the-art lab facility to support early-stage scientific entrepreneurs and companies INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) today announced plans to open […]