Webmaster2
Transactions: A 114,414 square foot MOB next to Texas Medical Center West in Katy, Texas, trades hands
Katy, Texas – A 114,414 square foot MOB adjacent to the Texas Medical West campus in the Houston suburb of Katy recently traded hands, according to a local team with Chicago-based Jones Lang
Post-Acute & Senior Living: Capital Square 101 buys a newly built memory care facility in suburb near Houston
Spring, Texas – Glen Allen, Va.-based Capital Square 1031 recently announced its purchase of a newly constructed, 10,000 square foot memory care facility in the Houston suburb of Spring. Las Vegas based Bear Real Estate Advisors represented Capital Square 1031
Outpatient Projects: Advocate Aurora gets approval for third phase of $130 million complex in Pleasant Prairie, Wis.
PLEASANT PRAIRIE, Wis.- The Plan Commission of Pleasant Prairie recently approved the third stage of a planned $130 million ambulatory surgery center (ASC) and MOB in the city, which is near the Illinois border along Lake Michigan.
Transactions: 1031 exchange buyer acquires fully occupied, 22,564 square foot MOB near Los Angeles
West Covina, CA – Eight offers were submitted for a 22,564 square foot, 100 percent leased MOB in West Covina, a Los Angeles suburb, that recently traded for $5.9 million, or $261 per square
Inpatient Projects: UPMC Hamot hospital in Erie, Pa., starts work on new $111 million, seven-story tower
Erie, Pa. – Construction began in early October on a $111 million expansion at UPMC Hamot hospital in Erie. The project, the largest in the 135-year history of the hospital, entails building a seven-floor patient tower that will include 64 intensive care unit (ICU) be ds, an
News Release: Florida Hospital Flagler Set to Build $25 Million Freestanding ER, Medical Office Building in Palm Coast
Palm Coast, Fla., November 20, 2018 – During Monday evening’s Flagler County Board of County Commissioners meeting, Florida Hospital Flagler agreed to purchase six acres in northern Flagler County to build a hospital-based emergency department and a medical office building. Located near I-95 Exit 293 at Matanzas Woods Parkway, near Matanzas High School, Florida Hospital Flagler […]
News Release: Carter Validus Mission Critical REIT II, Inc. Reports Third Quarter 2018 Results
Tampa, Fla.–(Business Wire)–Carter Validus Mission Critical REIT II, Inc., or the Company, announced today its financial and operating results for the quarter ended September 30, 2018. 2018 Third Quarter Summary Net income attributable to common stockholders totaled $7.7 million. Net operating income, or NOI, totaled $36.1 million. Funds from operations, or FFO, as defined by the […]
News Release: Gary Pezza of NAI Long Island Brokers Sale & Purchase of 160 Middle Road in Sayville
Melville, NY – November 19, 2018: Gary Pezza, Senior Director of NAI Long Island, represented the seller, John A. Zimmerly, MD, and the buyer, 1449 Holdings, LLC, in the sale & purchase of a 7,300 SF medical office building located at 160 Middle Road in Sayville, NY. 1449 Holdings, LLC purchased the property for $1,650,000. Please […]
News Release: Northside Opens New Medical Office Building in Midtown
Northside Hospital celebrated the opening of a new, state-of-the-art Medical Office Building in Midtown Atlanta on Wednesday, Nov. 14. The nearly 169,00 square foot 12-story, facility located on West Peachtree Street will house services for cancer, radiology, the spine center, sleep disorders, diabetes and nutrition, maternity, sports medicine and urgent and primary care. The building […]
News Release: East Bay’s Penumbra Enters Sacramento with 157,500 SF Class A Lease at Roseville Innovation Park
Cushman & Wakefield Represents both Landlord and Tenant in Transaction Cushman & Wakefield announced Penumbra, a global healthcare company, has signed a new lease for 157,518 square feet of Class A office space at the Roseville Innovation Park in Roseville (Sacramento), California. The property is owned by a joint venture between Farallon Real Estate Partners […]
News Release: Just Closed :: 960 Woodstock Parkway
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of 960 Woodstock Parkway. Sale Date: October 31, 2018 Property Size: 17,799 SF Occupancy: 94% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of 960 Woodstock Parkway (the “Property”). Lee Asher and Chris Bodnar of the U.S. Healthcare Capital […]
News Release: H2C Advises PATH Foundation in Selling Minority Interest to LifePoint Health
Hammond Hanlon Camp LLC Advises PATH Foundation in Selling Minority Interest to LifePoint Health Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to the PATH Foundation (“the Foundation”) in selling its minority interest in Fauquier Health (“Fauquier”), a 97-bed health system in Warrenton, Va., to LifePoint Health (“LifePoint”). […]
News Release: Inland Real Estate Acquisitions Closes the Purchase of Three Medical Office Buildings
Inland Real Estate Acquisitions, LLC Closes the Purchase of Three Medical Office Buildings Inland Real Estate Acquisitions, LLC (“Inland Acquisitions”) announced today that it negotiated and closed the purchase of three medical office buildings located in New Jersey, Illinois and Wisconsin, on behalf of an Inland affiliate. The acquisitions total 127,481 square feet of medical […]
News Release: Griffin-American Healthcare REIT IV Reports Third Quarter 2018 Results
Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s third quarter ended Sept. 30, 2018. “Griffin-American Healthcare REIT IV continues to enjoy strong financial and portfolio performance as demonstrated in our third quarter 2018 results,” said Jeff Hanson, chairman and chief executive officer. “We continue to identify and acquire accretive properties for […]
News Release: NexCore Group and Civitas Senior Living Break Ground on New Senior Living Community in Cape Coral, Florida
The Waters of Cape Coral scheduled for December 2019 grand opening NexCore Group in collaboration with Fort Worth-based senior living management company, Civitas Senior Living, have commenced construction on their newest senior housing project, The Waters of Cape Coral located in Cape Coral, Florida. The Waters of Cape Coral will offer 72 assisted living and 28 memory care apartments […]