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For Sale: Value-Add Medical Office Opportunity in North County San Diego
As Exclusive Advisor, CBRE is pleased to present the opportunity to acquire Town View Professional Center (“Town View,” the “Property”), consisting of one multi-tenant, medical office building totaling 61,315 square feet. The three-story Class B medical/office building is currently 58% leased to a myriad of tenants and anchored by AT&T through January 2021. The existing […]
For Sale: 100% Stabilized Investment Opportunity – Lakeside Professional Buildings – Mequon, WI
The Offering CBRE is pleased to present for your investment consideration a 100% fee simple interest in the multi-tenant office buildings located at 1501-1511 & 1535-1539 West Market Street in Mequon, Wisconsin. The offering is composed of two 2-tenant, triple net leased office buildings, known as the Lakeside Professional Buildings, totaling 18,636 square feet of […]
For Sale: Price Reduced: $1,490,000 – Medical Office Building/Redevelopment in Tampa – 825 W. Linebaugh Avenue, Tampa, FL 33612
Offering Highlights 5,591 Square Feet of Medical Office Buildings Sits on 4.21 acres Zoned PD (Planned Development) with a potential 20 units per acre. 4.9 miles from 4 hospitals Redevelopment opportunity Offering Summary Price: $1,490,000 Down Payment: 30% / $447,000 Rentable Area: 5,591 SF Price/Acre: $354,009 Lot Size: 4.21 Acres Current Occupancy: Vacant Tours […]
Transactions: Griffin-American REIT IV acquires large, fully occupied MOB in growing Grand Junction, Colo.
GRAND JUNCTION, Colo. – In the fast-growing city of Grand Junction, Irvine, Calif.-based Griffin-American Healthcare REIT IV (G-A REIT IV), a non-traded real estate investment trust (REIT), recently acquired an 83,000 square foot MOB for $31.5 million, or $380 PSF.
Transactions: In acquiring an MOB in Oxford, Mich., Cornerstone Companies closes its second fund
OXFORD, Mich. – Indianapolis-based Cornerstone Companies Inc. recently added the final property to its Cornerstone MOB Fund II, acquiring the 19,123 square foot Crittenton Medical Plaza in Oxford, about 40 miles north of Detroit.
Transactions: Q2 MOB sales topped $3 billion
It was only one of six quarters to exceed that level since records have been kept By John B. Mugford Demand for medical office buildings (MOBs) is not showing any signs of slowing down, as professionals involved in the sector report that investors – especially private equity firms and funds – continue to raise capital […]
Transactions: Fully occupied Northside MOB II in Pell City, Ala., trades hands for $15.8 million
PELL CITY, Ala. – A 50,469 square foot MOB in Pell City recently traded for $15.8 million, or $313 PSF, according to Denver-based Fairfield Advisors, which represented the seller.
Transactions: Carter Validus Mission Critical REIT II buys fully occupied MOB near Dallas for $8.5 million
CARROLLTON, Texas – Tampa, Fla.-based Carter Validus Mission Critical REIT II recently acquired an MOB in Carrollton, 15 miles outside of Dallas, for about $8.5 million.
Hot Property: MOB in a thriving, mixed-use area
Prairie Glen Medical Office Center in Glenview, Ill., is home to large tenants Name: Prairie Glen Medical Office Center Number of buildings: 2 Square feet: 44,200 Address: 2551 and 2591 Compass Road City: Glenview, Ill. Offered cap rate: 6.5 percent Avg. remaining lease: 8.9 years Brokerage: Bull Realty Broker: Paul Zeman The Village of Glenview, […]
Transactions: Flagship REIT pays $12.4 million for 75,000 square foot MOB in Blue Ridge, Ga.
BLUE RIDGE, Ga. – Charlotte, N.C.-based Flagship Healthcare Properties has added another MOB to its new healthcare-focused, non-traded real estate investment trust (REIT).
Transactions: Freestanding emergency department in Littleton, Colo., trades for $1,213 per square foot
LITTLETON, Colo. – A 7,430 square foot freestanding emergency department (FED) facility in Littleton, about 20 miles southwest of Denver, recently traded hands for a substantial price per square (PSF) of $1,213.
