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News Release: Montecito Medical Acquires Medical Office Property in Indianapolis
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a 34,369 square-foot building in Indianapolis, IN.The building is tenanted by the Midwest Center for Joint Replacement, which uses the property for orthopedic clinical care, orthopedic surgeries and physical therapy.“This is an outstanding real estate asset that offers key attributes […]
News Release: Silver Cross Hospital and Premier Suburban Medical Group, Represented by NAI Hiffman, Break Ground on $25 Million Medical Office Building in Orland Park, Ill.
42,000-square-foot, state-of-the-art medical office building will house multiple practices in key southwest suburban location ORLAND PARK, Ill. (Jan. 4, 2023) — Silver Cross Hospital and Premier Suburban Medical Group, represented by commercial real estate services firm NAI Hiffman, recently broke ground on a new $25 million, 42,000-square-foot medical office building at the northeast corner of LaGrange Road […]
News Release: Healthcare Realty Trust Announces Update of Planned Asset Sales and Joint Ventures
NASHVILLE, Tenn., Jan. 04, 2023 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $1.14 billion of asset sales and joint venture contributions since July 2022 at a 4.86% cap rate. The Company generated net proceeds of $1.03 billion from these transactions after accounting for HR’s joint venture interest as well […]
News Release: Capital Real Estate Group Closes on Kentucky Eye Institute
Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a four-building medical office portfolio totaling 29,800 SF. The properties are 100% leased to Kentucky Eye Institute (KEI), a leading ophthalmology practice with eleven (11) locations in Central Kentucky. KEI is comprised of thirteen (13) physicians who provide […]
News Release: Montecito Medical Acquires Medical Office Property in Tampa
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a 16,500 square-foot building in Tampa, FL. The building, which includes an ambulatory surgery center, is tenanted by The Reproductive Medicine Group of Tampa, a patient-focused fertility clinic with a significant market presence.“We are excited about the acquisition of this […]
News Release: Healthcare Realty Hires CBRE to Lease Former Healthcare Trust of America Medical Office Building Portfolio in Houston Metro
Combined portfolio includes 29 buildings totaling 2.25 million sq. ft. in Houston Healthcare Realty Trust Incorporated (“Healthcare Realty”) has hired CBRE as the leasing agent for Healthcare Trust of America’s (“HTA”) former medical office building portfolio comprised of 18 buildings totaling 1.6 million sq. ft. across the Houston metro. Healthcare Realty acquired the portfolio when […]
News Release: MidCap Financial Closes First Mortgage Loan on a Portfolio of Six Seniors Housing Properties
BETHESDA, MD, January 4, 2023 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with a joint venture between NexCore Group (“NexCore”) and an affiliate of Heitman LLC (“Heitman”). The floating rate first mortgage loan facilitated the recapitalization of six modern, high end seniors […]
News Release: Catalyst and National Acquire a Medical Office Building in Winston-Salem, North Carolina
PENSACOLA, Fla., Jan. 4, 2023 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andNational Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, announce the acquisition of a 43,000 SF medical office building (MOB) in Winston-Salem, NC. “This acquisition is […]
News Release: UC Investments Creates Strategic Venture with Blackstone to Invest $4 Billion in BREIT Common Shares
Oakland, CA, and New York, January 3, 2023 – The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced a long-term strategic venture in which UC Investments will invest $4 billion in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common […]
News Release: Newmark Represents Providence in $84 Million Disposition of 468,000-Square-Foot Office Portfolio in Renton, Washington
Seattle, WA (December 29, 2022) — Newmark announces it has arranged the sale of Southgate Campus, a two-building Class A office campus totaling 268,000 square feet and Valley Office Park, a four-building 209,000-square-foot office park, in Renton, Washington. Seattle Children’s Hospital purchased the assets for a total of $84 million. Newmark Executive Managing Director Garth […]
News Release: Easterly Government Properties Completes the Sale of Final Property in the Previously Announced 10-Property Portfolio Disposition
WASHINGTON, Dec. 29, 2022, (BUSINESS WIRE)— Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that it has sold the final asset in the previously announced portfolio disposition, comprised of 10 […]
News Release: Bull Realty Arranges Sale of ± 27,000 SF Medical Office Building in Memphis, TN
Atlanta, Dec. 28, 2022 – Paul Zeman, President of Healthcare Real Estate Services and Partner at Bull Realty, represented the seller for the disposition of a ± 27,000 SF medical office building in Memphis, TN. The property located at 1727 Kirby Parkway was sold to Flagship Healthcare Properties for $9,600,000 on December 20, 2022. The […]
News Release: Flagship Healthcare Properties’ REIT Acquires Medical Office Building in Memphis
Property is home to two premier medical clinics CHARLOTTE, N.C., Dec. 21, 2022 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a fully-leased, Class A medical office building (MOB) in Memphis, Tennessee. The 26,913-square-foot property is located at 1727 Kirby Parkway and was originally built in 1984 but fully […]
News Release: Montecito Medical Acquires Four-Building Medical Office Portfolio in Indiana and Ohio
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a four-building portfolio in eastern Indiana and western Ohio. All four buildings, which offer a combined total of nearly 32,000 square feet, are tenanted by Whitewater Eye Centers. The properties acquired by Montecito include the group’s headquarters in Richmond, IN. […]
News Release: CIT Provides $27.8 Million for Acquisition of Medical Office Buildings in Wichita, Kansas
NEW YORK, Dec. 14, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, Kansas. The portfolio includes […]
