News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley

News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley

Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 –  ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]

News Release: Jackson Health Village trades for $24M

News Release: Jackson Health Village trades for $24M

JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 –  JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]

News Release: Medical Properties Trust Provides Update on Steward Health Care

News Release: Medical Properties Trust Provides Update on Steward Health Care

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced plans to accelerate its efforts to recover uncollected rents and outstanding loan obligations from Steward Health Care System (“Steward”) and related processes designed to significantly reduce its exposure to Steward. As disclosed in the Company’s third quarter 2023 Form 10-Q, Steward […]

News Release: Big Sky Medical Acquires First Asset in Phoenix

News Release: Big Sky Medical Acquires First Asset in Phoenix

DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) — Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center. This three-building medical and office campus spans over 252,000 rsf and is located in the affluent Deer Valley submarket proximate to the Honor Health Deer Valley Medical Center. Blackhawk […]

News Release: Medical Behavioral Hospital of Indianapolis trades

News Release: Medical Behavioral Hospital of Indianapolis trades

JLL Capital Markets represented Medistar in the sale of the 42,000-square-foot facility BOSTON, Jan. 3, 2024 –  JLL Capital Markets announced today that it arranged the sale of the Medical Behavioral Hospital of Indianapolis, a 64-bed, 42,609-square-foot inpatient behavioral facility located in the fast-growing Indianapolis metro suburb of Greenwood, Indiana. JLL worked on behalf of the […]

News Release: Larken Associates Welcomes Pediatric Therapy Center to Princess Road Office Park in Lawrenceville, N.J.

News Release: Larken Associates Welcomes Pediatric Therapy Center to Princess Road Office Park in Lawrenceville, N.J.

49,094-square-foot property is now 100% leased Lawrenceville, N.J. (January 3, 2024) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a lease with Sovereign Care Services for a 5,384-square-foot medical office space, bringing Princess Road Office Park located at 4 Princess Road in Lawrenceville, N.J. to full […]

News Release: Ci Celebrates 14 Years of Architectural Excellence, Looks Back at 2023 Successes

News Release: Ci Celebrates 14 Years of Architectural Excellence, Looks Back at 2023 Successes

BALTIMORE–(BUSINESS WIRE)–Join us in celebrating 14 years in business at Ci, an award-winning architecture firm that grew from two offices in Baltimore and Boston to a thriving company with five office locations and over 100 employees across multiple disciplines. “We are thrilled to be part of shaping the way people live, work and play across […]

News Release: Just Closed Naples Downtown 5th Ave., Olde Naples, FL Medical Office - Mike Rivera

News Release: Just Closed Naples Downtown 5th Ave., Olde Naples, FL Medical Office – Mike Rivera

Just Closed: Mike Rivera, from Saggio Realty’s commercial brokerage division in Naples, FL, has recently completed and closed a sale for a medical office building at the prestigious 5th Ave. shopping District in Olde Naples, Florida for $1.6 million. Naples, FL, December 29, 2023 –(PR.com)— Just Closed: Mike Rivera, from Saggio Realty’s commercial brokerage division in […]

News Release: Sila Realty Trust, Inc. Completes Disposition of Webster Healthcare Facility II for $258.4 Million

News Release: Sila Realty Trust, Inc. Completes Disposition of Webster Healthcare Facility II for $258.4 Million

TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (the “Company”) announced today the disposition of Webster Healthcare Facility II (the “UTMB Health Clear Lake Hospital”) to the Board of Regents of the University of Texas System for a sales price of approximately $258.4 million. The UTMB Health Clear Lake Hospital, located in Webster, Texas, is an […]

News Release: National Dental Healthcare REIT (NDH REIT) Achieves Milestone with Multi-State Real Estate Acquisition

CHICAGO, Dec. 19, 2023 /PRNewswire/ — National Dental Healthcare REIT (NDH REIT), a Thurston Group portfolio company, is thrilled to announce the completion of a significant real estate acquisition, marking a pivotal moment in the company’s strategic expansion amid the ongoing consolidation in the dental industry. On November 9, 2023, NDH REIT finalized the acquisition of […]

News Release: Alexandria Real Estate Equities, Inc. Announces Long-Term 165,940 RSF, Full-Building Lease With Novo Nordisk for R&D Center at the Alexandria Center for Life Science – Waltham Mega Campus in Greater Boston

PASADENA, Calif., Dec. 15, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology mega campuses in AAA innovation cluster locations, today announced that Novo Nordisk, a leading global healthcare company, has executed a long-term full-building lease […]

Acadia Healthcare cuts the ribbon to celebrate the opening of Coachella Valley Behavioral Health Hospital in Indio, California, on December 14. (Photo: Business Wire)

News Release: Coachella Valley Behavioral Health Hosts Ceremony to Celebrate Grand Opening

INDIO, Calif., Dec. 14–(BUSINESS WIRE)–Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the opening of its newest acute care hospital, Coachella Valley Behavioral Health, located at 81555 JFK Court in Indio, California. A ribbon-cutting ceremony was held today to mark its grand opening with first patient admissions expected to follow in the coming days as […]

News Release: Hammes completes new medical office building and ambulatory surgery center development in McAllen, Texas

News Release: Hammes completes new medical office building and ambulatory surgery center development in McAllen, Texas

MILWAUKEE, WI – December 14, 2023 – Hammes, a nationally recognized leader in healthcare development, is pleased to announce the completion of the Jackson Medical Plaza at 4211 North Jackson Road in McAllen, Texas. Hammes developed the new 43,000-square-foot facility as a new location for Texas Digestive Specialists and The Advanced Weight Loss Center at […]

News Release: BNBuilders Completes Repositioning of Commercial Building into Cutting-Edge Life Science Facility

LAFAYETTE, Colo., Dec. 14, 2023 /PRNewswire/ — BNBuilders, in collaboration with Smith Group, completed the conversion of a commercial building into a state-of-the-art life science facility for developer Sterling Bay. This project marks a significant milestone for the City of Lafayette and the wider region as life science and biotech companies continue to target the area for […]

News Release: SRS Real Estate Partners Announces the $8.5 Million Acquisition of a Medical Property Occupied by OrthoVirginia in Ashburn, VA

News Release: SRS Real Estate Partners Announces the $8.5 Million Acquisition of a Medical Property Occupied by OrthoVirginia in Ashburn, VA

McLean, VA (December 12, 2023) – SRS Real Estate Partners announced today it has completed the $8.5 million acquisition of a single-tenant, 12,580-square-foot medical office building located at 20041 Riverside Commons Plaza in Ashburn, VA. Built in 2022, the property is fully occupied by OrthoVirginia, Virginia’s largest provider of orthopedic medicine and therapy. SRS Capital […]