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News Release: Celera Properties and True North Management Group Announce Phase One Completion and 42,000 SF of Leasing at Life Science Redevelopment in Andover, MA
CBRE Represented Ownership in Marketing and Leasing Celera Properties and True North Management Group are pleased to announce the successful completion and lease-up of the first phase of their life science redevelopment project in Andover Technology Park at 600 Federal Street in Andover, Massachusetts. This significant milestone represents a major step forward in the transformation […]
News Release: Northwestern Medicine Opens Oak Brook Outpatient Center
Immediate, primary and specialty care available OAK BROOK, Ill., Jan. 10, 2024 — Northwestern Medicine is opening a new 80,000 square-foot medical office building in Oak Brook, Illinois this January. The Northwestern Medicine Oak Brook Outpatient Center, located at 1001 Commerce Drive, houses immediate, primary and specialty care, as well as offers diagnostic imaging, physical […]
News Release: Large refinancing secured for Brookdale Senior Living
JLL Capital Markets led refinancing efforts for large portfolio on behalf of Brookdale DALLAS, Jan. 9, 2024 – JLL Capital Markets announced today that itclosed a seven-year, fixed rate loan for $179,541,000 with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance a seven-year tranche of a large credit facility that Brookdale […]
News Release: Janet Lively McCauley joins ERDMAN’s Senior Leadership Team as VP Healthcare
MADISON, WIS. – As ERDMAN continues to invest in developing leaders, we are excited to announce Janet Lively McCauley, CPSM has been promoted to Vice President of Healthcare. She joined ERDMAN in 2022, serving as Vice President, Business Development – Healthcare. In 2023, she began overseeing the firm’s marketing department, linking corporate strategy and key […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Close Three-Property Portfolio in Tucson, Arizona
NEW YORK, New York (January 9, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of three medical office properties totaling 57,600 square feet located in Tucson, Arizona. The properties were all acquired through a sale-leaseback transaction with Banner Health, the largest healthcare provider and private employer in the State of Arizona. […]
News Release: UT Health San Antonio To Anchor Future Medical Office Building At The Rock At La Cantera
Leasing for the Medical Office Building is Open to Applicants Now SAN ANTONIO (Jan. 9, 2024) – The Rock at La Cantera today announced it will lease space to UT Health San Antonio in a medical office building to be built on the Spurs performance campus. The building is being developed by Lincoln Property Company and […]
News Release: BioMed Realty Strengthens Leadership Team with Key Officer Promotions
SAN DIEGO–(BUSINESS WIRE)–BioMed Realty (the “Company”), a leading provider of real estate solutions to the life science and technology industries, announced today the promotions of Tracy Letchworth, Ed McDonald and Kevin Vu to the role of Vice President. These promotions are a testament to the Company’s commitment to fostering a team of exceptional leaders and […]
News Release: Alexandria Real Estate Equities, Inc. Celebrates 30 Years at the Vanguard and Heart of the $5 Trillion Secularly Growing Life Science Industry
PASADENA, Calif., Jan. 5, 2024 /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 celebrates the 30th anniversary of its one-of-a-kind, once-in-a-generation company. Alexandria pioneered the novel Labspace® niche […]
News Release: Thomas Park Launches New Construction Services
ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park, a leading commercial real estate and management firm, today announced the official launch of Thomas Park Construction, a new service line specializing in high-quality general contracting and construction management services for commercial interior projects. Thomas Park Construction fills a critical gap in the market by offering its expertise exclusively to smaller-scale […]
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
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
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
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
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 […]