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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
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
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
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 […]
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
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
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 […]
News Release: Southside Community Health Services Awarded $7.8 Million in Grants to Move Forward With New Clinic
Southside signed a ground lease with Ryan Companies to deliver much-needed healthcare and social services to low-income South Minneapolis residents MINNEAPOLIS, Minn. (Dec. 12, 2023) – With more than 56,000 low-income South Minneapolis residents in need of healthcare and social services, Southside Community Health Services is committed to expanding its offerings and reach with the […]
News Release: Medtech and biomanufacturing fuel life sciences growth
As medtech and biomanufacturing sectors drive growth in the life sciences industry, key markets that house medtech and biomanufacturing clusters are flourishing. CHICAGO, Dec. 6, 2023 – The medtech and biomanufacturing sectors are driving new growth in the life sciences industry. As a result, the key markets that house medtech and biomanufacturing clusters are […]
News Release: Thorofare Capital Provides $125.9 million Senior Mortgage Loan for Mid-Atlantic Medical Facility Portfolio
Los Angeles, CA, November 20, 2023 – Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, LLC (“Callodine Group”), today announced it closed $125.9 million in financing for eight Class-A clinical medical facilities totaling more than 705,000 square feet located in the Greater Washington, D.C. Capital Region, and surrounding […]
News Release: Berkadia Seniors Housing & Healthcare Completes $56.6 Million in Financings for Four Seniors Housing Facilities
Florida and Oregon – December 1, 2023 – Berkadia Seniors Housing & Healthcare recently announced the closing of four loans totaling $56.6 million in volume through HUD’s 232/223f program all of which achieved the program’s maximum loan term of 35 years. “It has been an extremely volatile interest rate environment. With cash flows still rebounding […]
News Release: Cushman & Wakefield Represents Hollister Inc. in the $11M Investment Sale of the Hollister Grove MOB Portfolio in Suburban Chicago
Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of 1800 and 1900 Hollister Drive in Libertyville, Illinois CHICAGO, December 2, 2023 – Cushman & Wakefield announced today that the firm represented Hollister Inc. in its sale of the Hollister Grove Medical Office Portfolio, which consists of 1800 and 1900 Hollister Drive in Libertyville, […]