News Release: Newmark Arranges $8.8 Million Sale of Medical Office Building in Peoria, Arizona
FOR IMMEDIATE RELEASE Phoenix, AZ (July 21, 2022) — Newmark announces it has completed the $8.8 million sale of the Plaza Town Center Professional Plaza, a 26,970-square-foot medical office building located at 9139 W Thunderbird Road in Peoria, Arizona. Newmark Managing Director Kathleen Morgan represented the seller, Garnett Capital, in the sale to Evergreen Medical Properties. […]
News Release: Eikon Therapeutics Announces Lease for East Coast Base of Operations in New York City
HAYWARD, Calif. & NEW YORK, July 21, 2022 –(BUSINESS WIRE)–Eikon Therapeutics Inc., a biotechnology company that applies advanced engineering and high-performance computing to the identification of important new medicines, today announced the execution of a lease with Alexandria Real Estate Equities, Inc. for its new East Coast base of operations located in the Alexandria Center® […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of TGH Rehabilitation Hospital for $51.2 Million
July 21, 2022 10:24 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on investing in high quality healthcare properties along the continuum of care, today announced the acquisition of an inpatient rehabilitation facility (the “TGH Rehabilitation Hospital” or “Tampa IRF”) located in Tampa, […]
News Release: Amazon and One Medical Sign an Agreement for Amazon to Acquire One Medical
One Medical is a human-centered, technology-powered U.S. primary care organization on a mission to make quality healthcare more affordable, accessible, and enjoyable through a seamless combination of in-person, digital, and virtual care services One Medical combines in-person care in inviting offices across the country with digital health and virtual care services, making it easier for […]
News Release: Cushman & Wakefield San Diego Life Sciences Report Q2 2022
ECONOMIC OVERVIEW The total nonfarm employment in San Diego grew by 83,900 or +5.9% year-over-year (YOY) between May 2021 through May 2022. During the same time, the monthly unemployment rate decreased from 6.6% last year to 2.7% and is currently 100 basis points (bps) below the quarterly average of 3.7%.1 The annual unemployment rate is […]
News Release: Healthcare Realty Trust and Healthcare Trust of America Announce Closing of Merger
Press Release Company Release – 07/20/2022 Combination creates preeminent, pure-play medical office building REIT NASHVILLE, Tenn. and SCOTTSDALE, Ariz., July 20, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) and Healthcare Trust of America, Inc. (NYSE: HTA) (“Healthcare Trust of America” or “HTA”) today announced the closing of […]
News Release: H2C Advises Jupiter Medical Center on $152 Million Tax-Exempt Bond Issue
July 20, 2022 — On Thursday, June 23, Jupiter Medical Center (“JMC”), rated BBB- with a positive outlook/BBB stable by Standard & Poor’s and Fitch Ratings, respectively, priced approximately $152 million, tax-exempt fixed rate bonds (the “Series 2022A Bonds” or the “Bonds”). Proceeds from the Series 2022A Bonds will fund a portion of a number […]
News Release: Newmark Announces Sale of 2 Purpose-Built, Hospital-Leased Outpatient MOBs
THE HOSPITAL MOB COLLECTION – North Carolina & Massachusetts Newmark’s Healthcare Capital Markets represents the institutional purchaser in the sale of the Hospital MOB Collection of outpatient medical office buildings, located in Massachusetts andNorth Carolina, respectively. The MOBs were both purpose-built over the last 5 years for each MOB’s sole hospital tenant, each holding strong investment grade […]
News Release: Andrew Kirshenbaum Completes Over 50,000 Square Feet of Medical Office Space Transactions
Transactions highlight continued strong demand for healthcare space in northern New Jersey’s market Teterboro, N.J. (July 20, 2022) – Andrew Kirshenbaum of NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, recently completed over 50,000 square feet of medical space transactions with 10 new lease deals combining for 40,426 square […]
News Release: Seavest acquires Manhattan medical office building anchored by NYU Langone Health
The eight-story, 57,000 square foot, fully leased building in the dense Midtown West area is the firm’s latest addition to its medical real estate investment portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., July 20, 2022 – Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has […]
News Release: Montecito Medical Acquires Two Medical Office Buildings in North Carolina
Company continues to expand portfolio across the state CHARLOTTE, NC, July 20, 2022 — Montecito Medical has completed the acquisition of two medical office buildings in the Charlotte, North Carolina, area. The two properties, which offer a combined total of 17,049 square feet, are in Gastonia and Shelby, respectively. Both buildings are 100% occupied by ENT Carolina, […]
News Release: Merged Healthcare Realty Trust and Healthcare Trust of America to Be Included in the S&P MidCap 400 Index
July 19, 2022 17:37 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., July 19, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) announced the merged Healthcare Realty and Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) will be included in the S&P MidCap 400 Index effective prior […]
News Release: Oxford completes speculative 130,000 sq ft office to lab conversion in Seattle to meet market demand
Only two of nine R&D floors remain available for lease as Seattle’s Boren Lofts office development becomes life sciences-ready Boren Labs. SEATTLE, July 19, 2022 — Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has completed the conversion of the 136,000 sq ft Boren Lofts office building in […]
Companies & People: Vitalis and partner Advenir finding a lively HRE market
HREI interviews founder Elliott LaBreche about his fast-growing investment/brokerage firm By John B. Mugford A new name sure seems to keep popping up in the medical office building (MOB) acquisitions market, both for making purchases itself and for brokering sales for other owners. The company is Miami-based Vitalis, which was launched just last year and […]
News Release: IRA Capital Acquires San Diego Medical Buildings Anchored by Scripps Health
July 15, 2022: Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings totaling 21,000 square feet predominantly occupied by Scripps Health in Vista, California. Scripps Health is a $2.9 billion private, nonprofit, integrated health system in San Diego that is ranked among the top 15 […]
