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News Release: Hanley Investment Group Arranges $6.4 Million Sale of Single-Tenant Walgreens-Occupied Property in Kern County, CA; 5.25% Cap Rate

News Release: Hanley Investment Group Arranges $6.4 Million Sale of Single-Tenant Walgreens-Occupied Property in Kern County, CA; 5.25% Cap Rate

TEHACHAPI, Calif., June 27, 2022 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a single-tenant net-leased investment occupied by Walgreens in Tehachapi in Kern County, California. Located in the southern end of […]

Rendering Credit: Eckenhoff Saunders

News Release: McHugh Construction Starts Vertical Construction on 5-Story Howard Brown Health Clinic on Chicago’s North Side

CHICAGO (June 27, 2022) — Chicago-based McHugh Construction announces it has started vertical construction on a new five-story healthcare facility and medical office at 3501 N. Halsted St. for Howard Brown Health, the Midwest’s largest LGBTQ healthcare organization, after breaking ground in late March in the city’s Lakeview neighborhood. The 91,000-square-foot building, which will replace […]

News Release: Inspirit Senior Living and Venue Capital Add to Tennessee Senior Living Portfolio

MCLEAN, Va., June 27, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) co-sponsored a joint venture to acquire a portfolio of two properties located in the Knoxville, Tennessee MSA. Formerly operated by a national operator, these new Inspirit Senior Living communities are now individually recognized as Rain Forest Landings in Knoxville, TN, […]

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]

News Release: Cushman & Wakefield’s Private Capital Group Brokers Sales of Adjacent Medical Office Suites in Encinitas, CA

News Release: Cushman & Wakefield’s Private Capital Group Brokers Sales of Adjacent Medical Office Suites in Encinitas, CA

Two units acquired separately by local doctors for combined $2.86 million SAN DIEGO, Calif., – June 23, 2022 – Cushman & Wakefield announced the firm has brokered the sale of two medical office condo suites for a combined price of $2.86 million in Encinitas (San Diego), California. Originally a single unit, the suites are located […]

News Release: Vanbarton Healthcare Group and Tramview Capital Management Joint Venture Plan $100 Million Investment into Healthcare Properties Nationwide

Vanbarton Healthcare Group, a newly formed operating division of New York City-based real estate investment manager Vanbarton Group LLC, is teaming with Tramview Capital Management in a joint venture targeting healthcare investments in select markets throughout the country. NEW YORK (PRWEB) JUNE 23, 2022 —Vanbarton Healthcare Group, a newly formed operating division of New York […]

News Release: McCarthy Breaks Ground on Houston Methodist Cypress Campus

News Release: McCarthy Breaks Ground on Houston Methodist Cypress Campus

570,700 -square-foot facility planned as hospital of the future HOUSTON – June 23, 2022 – McCarthy Building Companies, Inc. has begun construction on Houston Methodist’s new Cypress campus. Houston Methodist’s ninth hospital in the greater Houston area, the campus sits on 106 acres and will consist of a seven-story hospital, two medical office buildings, and […]

News Release: Montecito Medical Acquires Another Medical Office Property in Las Vegas

News Release: Montecito Medical Acquires Another Medical Office Property in Las Vegas

Multi-tenant building expands company’s market presence NASHVILLE, Tenn. and LAS VEGAS, Nev., June 23, 2022 –Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 32,000+ square-foot medical office building in Las Vegas, Nevada. Las Vegas Urology serves as anchor tenant for the property, which also is […]

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News Release: MedCraft Investment Partners Acquires 15,800 SF Surgical Center in Champaign, IL

Investing in physicians to recapitalize and position for growth Minneapolis, Minn. – June 23, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the Olympian Surgical Suites located at 1002 Interstate Drive in Champaign, Illinois. The 15,800 SF surgery center was built in 2009 on a 3.5 acre […]

NEWS RELEASE: Pamela Boneham Joins Ventas Investment Management Platform as Senior Strategic Advisor

NEWS RELEASE: Pamela Boneham Joins Ventas Investment Management Platform as Senior Strategic Advisor

CHICAGO–(BUSINESS WIRE)–June 22, 2022, 9:30 AM Central Daylight Time–Ventas, Inc. (NYSE: VTR), a leading real estate investment trust (REIT), announced today that it has appointed Pamela Boneham as a Senior Strategic Advisor to its Ventas Investment Management (VIM) Platform. In this role, Boneham will provide experienced advice and guidance across Ventas’s institutional third-party investment management […]

Takeda has signed a 600,000-square-foot lease in the heart of Cambridge’s thriving Kendall Square innovation ecosystem. The building will also include more than 15,000 square feet of publicly accessible all-season flexible space and a 300+-seat theater. (Rendering Credit: CBT Architects)

News Release: BioMed Realty Announces Landmark Lease with Takeda at 585 Kendall to Accommodate Cambridge Expansion

CAMBRIDGE, Mass., June 22, 2022 06:00 AM Central Daylight Time, (BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced that Takeda has leased the entire leading-edge research and development project totaling approximately 600,000 square feet in Kendall Square located at 585 Third Street in Cambridge, […]

Genesis San Diego Lands First Life Science Tenant

News Release: Genesis San Diego Lands First Life Science Tenant

Downtown San Diego’s First Lab Lease – Full Floor in Repositioned Building Genesis Branded Transformation is a Barings/Phase 3 Real Estate Partners/Bain Capital Real Estate Joint Venture CHARLOTTE, N.C. and SAN DIEGO, June 21, 2022 /PRNewswire/ — Barings, one of the world’s largest diversified real estate investment managers, along with Phase 3 Real Estate Partners […]

News Release: LPC West and Angelo Gordon Acquire Industrial Building in Carlsbad’s Thriving Life Science Hub

News Release: LPC West and Angelo Gordon Acquire Industrial Building in Carlsbad’s Thriving Life Science Hub

CARLSBAD, Calif., June 21, 2022 12:01 PM Central Daylight Time, (BUSINESS WIRE)–LPC West, the West Coast arm of national real estate firm Lincoln Property Company, in a joint venture with alternative investment firm Angelo Gordon, has acquired a single-story industrial building located in Carlsbad, a San Diego County community with a robust life sciences footprint. […]

News Release: Montecito Medical Acquires Medical Office Portfolio in Eastern Washington

News Release: Montecito Medical Acquires Medical Office Portfolio in Eastern Washington

NASHVILLE, Tenn., June 21, 2022 10:25 AM Central Daylight Time,(BUSINESS WIRE)–Montecito Medical has completed the acquisition of two medical office buildings in Eastern Washington that are tenanted by a regionally dominant specialty provider. The two properties, in Spokane Valley and Richland respectively, involve a combined total of nearly 35,500 square feet. Both are 100% leased […]

News Release: Anchor Health Properties Celebrates Opening of 12,026 Square Foot Hybrid Emergency & Urgent Care Facility in Surprise, Arizona

News Release: Anchor Health Properties Celebrates Opening of 12,026 Square Foot Hybrid Emergency & Urgent Care Facility in Surprise, Arizona

Phoenix, AZ, June, 17, 2022 – Today, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, announced the opening of a new 12,026 square foot hybrid stand alone emergency department and urgent care center in Surprise, Arizona. “We have been fortunate to work with […]