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News Release: Montecito continues fast pace in medical office deals in Q1
Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic / Peoria, IL Alpine Orthopaedics / North Logan, Logan, & Brigham City, […]
News Release: BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property
Norges Bank Investment Management Closes on 290 Binney Street Joint Venture BOSTON–(BUSINESS WIRE)–BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall […]
News Release: Simone Development Companies, Fareri Associates Celebrate Ribbon Cutting for Release Recovery’s First NYS Outpatient Facility at Purchase Professional Park
PURCHASE, NY – MARCH 22, 2024 – Simone Development Companies and Fareri Associates joined with Release Recovery yesterday at Purchase Professional Park to celebrate the ribbon cutting of the mental health company’s new 7,698 SF outpatient facility at 3020 Westchester Avenue. This is Release Recovery’s first outpatient treatment facility in New York State. From left […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of $85.5 Million Healthcare Portfolio in Arizona and Texas
TAMPA, Fla.–(BUSINESS WIRE)-– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of five Class A healthcare facilities located in Arizona and Texas (the “Portfolio”), for a contract purchase price of $85.5 million. The […]
News Release: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance
IRVINE, Calif. (March 21, 2024) – American Healthcare REIT, Inc. (NYSE: AHR) announced today its fourth quarter and full year 2023 results. Further, the company reported various subsequent-to-quarter-end items. Key Highlights: Reported GAAP net loss attributable to stockholders of $0.42 and $1.08 per basic and diluted share for the three and 12 months ended Dec. […]
News Release: Flagship Healthcare Properties Elects New Partners
Senior executives Rex Noble, Kyle Sweeney and Blake Bratcher join ownership ranks CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has appointed three of its executives as owners and partners: Rex Noble, Executive Vice President of Asset Management; Kyle Sweeney, Chief Investment Officer; and Blake Bratcher, Executive Vice President of […]
News Release: Sila Realty Trust, Inc. Announces New $250 Million Unsecured Term Loan
TAMPA, Fla.–(BUSINESS WIRE)-– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the closing of an Amended and Restated Term Loan Agreement (the “Term Loan”). The Term Loan initially matures March 2027, and includes two twelve-month […]
News Release: Montecito Medical Launches MontecitoPLUS: Empowering Physicians with Innovative Solutions for Growth and Prosperity
Data-driven platform democratizes the complex business of medicine, giving healthcare provider groups of all sizes the same benefits, buying power and access to technologies previously only afforded the big guys NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a trusted leader in medical office real estate, proudly announces the launch of MontecitoPLUS, a groundbreaking platform designed to empower physician […]
News Release: MilliporeSigma Invests More than € 300 Million in New Life Science Production Site in Korea
Site to supply products to customers for development and production of biologics New Bioprocessing Production Center in Daejeon strengthens company’s footprint in fast-growing Asia-Pacific region Investment to create up to 300 additional jobs BURLINGTON, Mass.–(BUSINESS WIRE)–MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, invests more than €300 million into a […]
News Release: Gila Cohen Joins Vanbarton Group as Partner and Chief Investment Officer
NEW YORK, New York (March 20, 2024) – Vanbarton Group, a vertically integrated boutique real estate investment firm, is pleased to announce the appointment of Gila Cohen as Partner and Chief Investment Officer. With nearly three decades of experience building businesses and implementing investment strategies, Ms. Cohen brings a wealth of expertise to the Vanbarton […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Acquire Campus-adjacent Medical Building in Atlanta Metro
NEW YORK, New York (March 19, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of a campus-adjacent medical office building in Decatur, Georgia. The 11,055 square foot property is leased to Resurgens Orthopaedics, the largest privately held orthopedic practice in Georgia. The building was completely renovated in 2023 as clinical medical […]
News Release: SCHOTT Pharma to Expand in the U.S. with New Prefillable Syringe Manufacturing Facility in Wilson, North Carolina
MONDAY, MARCH 18, 2024, MAINZ, GERMANY — With $371 million investment, new site to add over 400 jobs to the region First U.S. manufacturing facility to fill demand for domestic supply of glass and polymer prefillable syringes that deliver mRNA, GLP-1, and other therapies. SCHOTT Pharma, a pioneer in pharmaceutical drug containment solutions and delivery […]
News Release: Anchor Health Properties Marks Construction Commencement of a 20,000 SF Ground Up Development in the Atlanta MSA
ATLANTA, Mar. 15, 2024 — Furthering the company’s nearly one million square foot presence in the greater Atlanta MSA, Anchor Health Properties, a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has commenced construction on a single story, 20,626 square foot medical outpatient building in Lawrenceville, Georgia. […]
News Release: Breakthrough Properties Welcomes Pfizer Oncology to Torrey View Campus; Announces Important New Collaboration with Pfizer Ignite
Long-Term Lease Brings Breakthrough’s 520,000-Square-Foot Premier Research and Development Campus to 100% Leased Prior To Construction Completion Breakthrough Properties, a leading global life sciences real estate developer, owner and operator, is pleased to welcome Pfizer Oncology to Torrey View, its premier life science campus quickly nearing completion in San Diego. As part of a 15-year, […]
News Release: JLL tapped to lease new healthcare and life sciences development site within mixed-use conversion project in Tampa
The commercial property conversion will encompass 1.1 million square feet, including the ability to accommodate 500,000 square feet slated for build-to-suit in Tampa’s Uptown District. Tampa, FL, March 13, 2024 – JLL announced today that the firm’s Central Florida Healthcare Practice Group has been selected to lease RITHM, the approximately 100-acre, mixed-use urban development focused […]