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News Release: Westmount Realty Capital Announces the Acquisition of Industrial Portfolio in Minneapolis
MINNEAPOLIS – August 9, 2022 – Westmount Realty Capital announced today the purchase of the West Tech Industrial Portfolio, a 316,752-square-foot portfolio consisting of five office/warehouse buildings in the western and southwestern suburbs of Minneapolis. The portfolio is strategically located within the Twin Cities Medical Alley and Golden Triangle. Spanning 126,936 square feet, the Class […]
News Release: Montecito Medical Acquires Four-Building Medical Office Portfolio
Louisville, Elizabethtown, Bardstown, KY and New Albany, IN, Aug. 9, 2022 — Montecito Medical has completed the acquisition of a four-building medical office portfolio in northern Kentucky and southern Indiana. The four properties, all 100% leased to Kentucky / Indiana Foot and Ankle Specialists, have a combined total of approximately 24,800 square feet. The four clinic […]
News Release: Newmark Arranges Sale of Net-Leased Medical Office Building in Los Angeles’ Eagle Rock Neighborhood for $18.25 Million
Los Angeles, Calif., Aug. 9, 2022 — Newmark[1] announces the sale of a single-tenant net-leased medical office building in the Eagle Rock neighborhood of Los Angeles, California. Leased by Adventist Health Glendale since 2003, the critical outpatient facility is located one mile from Adventist Health Glendale hospital. Newmark Vice Chairmen Sean Fulp and Bill Bauman, Executive […]
News Release: NYC’s Technology Sector Attracts Venture Capitalists and Spurs New Real Estate Leasing
The New York City region’s burgeoning technology and life sciences sectors are attracting increasing interest from venture capitalists who are leasing new office space to be closer to innovation hubs, says Joseph Simone of Simone Development Companies. BRONX, N.Y. (PRWEB) AUGUST 08, 2022 — The New York City region’s burgeoning technology and life sciences sectors […]
News Release: $153,500,000 Disposition of a 244,508 square foot healthcare campus located in Great Falls, Montana
Aug. 5, 2022 Transaction Overview Kaufman Hall and Associates, LLC (“Kaufman Hall”) was selected as an exclusive financial advisor to Physicians Realty Trust (“DocREIT”) related to the disposition of the 244,508 square foot healthcare campus (“Campus”) located in Great Falls, Montana. The Campus is master leased to a publicly-traded healthcare operator on a long-term, absolute […]
News Release: Montecito Medical Acquires Medical Office Property in Las Vegas
LAS VEGAS, Nev. Aug. 5, 2022 — Montecito Medical has completed the acquisition of a medical office building occupied by a leading specialty provider in Las Vegas, Nevada. The 7,006 square-foot building is fully leased to Shepherd Eye Center. “As we continue to build a strong presence in Las Vegas, we are pleased to be […]
News Release: Flagship Healthcare Trust receives its First Series of Investment from the Gulf region, Facilitated by Anchor Group
Funding to Support Ongoing Growth in REIT Portfolio CHARLOTTE, N.C., Aug. 5, 2022 /PRNewswire/ — Anchor Group, a leading, international business development and investment firm, has facilitated the first investment by a Gulf Cooperation Council (GCC) firm into Flagship Healthcare Trust, a Southeastern and Mid-Atlantic focused medical office private real estate investment trust (REIT) with […]
News Release: CareTrust REIT Announces Second Quarter 2022 Operating Results
Conference Call Scheduled for Friday, August 5, 2022 at 1:00 pm ET SAN CLEMENTE, Calif., Aug. 4, 2022–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2022, as well as other recent events. For the quarter, CareTrust REIT reported: 93.9% of contractual rents collected; Net income of $20.7 million […]
News Release: Ventas Reports 2022 Second Quarter Results
CHICAGO–August 04, 2022 (BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Net Income (Loss) Attributable to Common Stockholders (“Attributable Net Income (Loss)”) per share of ($0.11) Normalized Funds from Operations* (“Normalized FFO”) per share of $0.72 Total Company year-over-year same-store […]
News Release: Thermo Fisher Scientific Expands Cell Culture Media Manufacturing Site in Grand Island, New York
$76 million investment increases the site’s capacity to produce critical raw materials used in the development and manufacturing of vaccines and biologic therapies GRAND ISLAND, N.Y., Aug. 4, 2022 – To meet increasing global demand for cell culture media used in the manufacturing of new vaccines and biologics, Thermo Fisher Scientific has expanded its dry […]
News Release: Tryon Medical Partners Signs Lease at the Park 51 Center
Pineville, NC, August 4 2022 – MPV Properties (“MPV”) and Tryon Medical Partners (“Tryon”) are pleased to announce that Tryon has signed a lease for 25,000 SF at the Park 51 Center in the building that will be vacated by Blacklion in early 2023. When it is open, Tryon will relocate its current Pineville office […]
News Release: American Healthcare REIT Appoints New General Counsel
IRVINE, Calif., Aug. 4, 2022 /PRNewswire/ — American Healthcare REIT, Inc., a self-managed, publicly registered, real estate investment trust, announced today the addition of Mark E. Foster as executive vice president, general counsel. “Mark’s background in private practice where he focused on real estate and corporate law, coupled with his work as in-house counsel to […]
Life Sciences: Life Sciences Real Estate Market Logs Q2 Gains As Industry Expands
Lab space across 12 largest US biotech hubs registered rent increase, vacancy decline even as headwinds challenged broader economy Dallas – August 4, 2022 – Lab space across the 12 largest U.S. life sciences hubs made additional gains in the second quarter, including an increase in lease rates and a decrease in vacancy despite more construction […]
News Release: TRYON MEDICAL PARTNERS SIGNS LEASE AT THE PARK 51 CENTER
Pineville, NC (August 2022) – MPV Properties (“MPV”) and Tryon Medical Partners (“Tryon”) are pleased to announce that Tryon has signed a lease for 25,000 SF at the Park 51 Center in the building that will be vacated by Blacklion in early 2023. When it is open, Tryon will relocate its current Pineville office to […]
News Release: A&G Markets Medical Office Investment Opportunity in Northern New Jersey, Florida and New York
11-property portfolio boasts potential for strong returns via an equity infusion and more focused approach to management and leasing, says A&G Co-President Emilio Amendola MELVILLE, N.Y., Aug. 4, 2022 /PRNewswire/ — A&G Real Estate Partners is marketing an 11-property medical office portfolio that includes nine properties in northern New Jersey, along with individual assets in […]
