News Release: CBRE Facilitates Sale of 28,700-SF Office and Medical Building in Chula Vista for $8.8 Million ($318/PSF)
CHULA VISTA, Calif., Aug. 2, 2022 — CBRE arranged the sale of a 28,700-sq.-ft. office and medical building in Chula Vista for $8.8 million, or $318 per square foot, to an out-of-town private investor. CBRE’s Matt Pourcho, Anthony DeLorenzo, Matt Harris, Chris Williams and Ramin Salehi represented the seller, Coseo Properties Inc. “We continue to […]
News Release: Avison Young markets Regency Medical Campus in Ohio
Chicago, IL, Aug. 1, 2022 – Avison Young today announced it has negotiated the sale of a three-building 110,780 square-feet (sf) class A medical office complex at 1000-3000 Regency Court in Toledo, Ohio. Avison Young’s Mike Wilson and Erik Foster, Principals based in the firm’s Chicago office and members of the national healthcare capital markets […]
News Release: HEALTHCARE REAL ESTATE GROUP ASTORIA HEALTHCARE PROPERTIES CHANGES NAME TO MONUMENT HEALTHCARE DEVELOPMENT
Leawood, Kansas — Aug. 1, 2022 — Kansas-based healthcare real estate group Monument Healthcare Development (MHD) has rebranded from its former name, Astoria Healthcare Properties, ahead of planned strategic growth for its development footprint in the U.S. Monument Healthcare Development is a premier healthcare real estate group focused specifically on facility development solutions for physicians, […]
News Release: Thomas Park Investments Reports Strong First Half with $75M in MOB Acquisitions
Company Expands into Southeast with Raleigh, North Carolina Purchase ANNAPOLIS, Md., Aug. 1, 2022–(BUSINESS WIRE)–Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the company’s goal of $150 million in acquisitions this year. The acquisitions include a purchase in Raleigh, North Carolina, signaling the […]
News Release: Appelt Properties Announces the Acquisition of a Healthcare Real Estate Portfolio Located in Ontario and Alberta
TORONTO, July 28, 2022 /CNW/ – Appelt Properties Inc., an industry-leading, owner and operator of healthcare real estate across Canada, announced today the closing of a $94.3 million, nine building healthcare portfolio of properties located in Ontario and Alberta. The portfolio was acquired in partnership with Centurion Asset Management Inc. and includes seven Ontario properties, comprising […]
News Release: Newmark Arranges $200 Million Shariah-Compliant Medical Office Portfolio Financing for Joint Venture Between Big Sky and Bahrain-Based GFH
July 28, 2022 9:00 AM — Newmark announces it has arranged $200 million of Shariah-compliant financing for a medical office building portfolio on behalf of a joint venture between Dallas, Texas-based Big Sky Medical (“Big Sky”) and GFH, a leading institutional investor based in Bahrain with a global portfolio of investments. Earlier this year, Newmark […]
News Release: OrbVest Acquires 40th Street Medical Office Plaza In Phoenix, Arizona
OrbVest closed the purchase of the 41,703 square-foot office property for $8,810,711 in one of the fastest-growing metropolitan areas in the U.S. NEW YORK (PRWEB) JULY 27, 2022 — OrbVest (ORB), a global real estate company investing in income-producing medical commercial real estate in the United States, today announced they have recently closed on their purchase […]
News Release: PMB & SCL Health Medical Group Break Ground on a 63,000 SF Medical Office Building in Billings, Mont.
FOR IMMEDIATE RELEASE This development’s new 24,000 SF clinic space will offer a new primary care, retail pharmacy and walk-in clinic that will provide expanded health services to an area of Billings that is experiencing significant growth. BILLINGS, MONT., July 26, 2022 – PMB along with SCL Health Medical Group, now Intermountain Healthcare, will officially […]
News Release: Walz Capital Acquires 13,014 Square Medical Office Building in Sale Leaseback Transaction in Affluent Atlanta Suburb
ATLANTA, GA, July 26th, 2022 – Walz Capital today announced the acquisition of Atlanta Autism Centers, making this property their fourth property acquisition in the Greater Atlanta Area this year. The newly renovated, 13,014 square foot building is located in the rapidly growing suburb of Alpharetta, GA. Atlanta Autism Center‘s services include Autism Evaluation, Pediatric […]
News Release: Just Closed: Medical Plaza at Rex
RALEIGH, N.C., June 22, 2022 — Charlotte-based, Insite Properties and BentalGreenOak are pleased to announce the acquisition of the Medical Plaza at Rex, the first medical office building acquired by the new strategic partnership formed to acquire medical office and healthcare properties. The property is located at 4414 Lake Boone Trail on the UNC Rex Healthcare […]
News Release: TRANSFORMATION IS IN THE BUILDING: RENOWN SOUTH MEADOWS MEDICAL CENTER AND NEXCORE GROUP BREAK GROUND ON A NEW FREE-STANDING TOWER
The new space is part of Renown’s larger facilities enhancement project spanning all campuses July 20, 2022 (RENO, Nev.) – It is with great excitement that Renown Health and NexCore Group announce the groundbreaking of a state-of-the-art Specialty Care Center at Renown South Meadows Medical Center. This three-story building will be adjacent to the existing […]
News Release: Montecito Medical Acquires Medical Office Property in Dillon, SC
Company builds on growing presence in Southeast DILLON, S.C., July 22, 2022 — Montecito Medical has completed the acquisition of Dillon Family Medicine office property in Dillon, South Carolina. The building, which offers approximately 24,000 square feet of space, is fully occupied by Dillon Family Medicine under a long-term lease. “We are excited by the […]
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 […]