News Release: Just Sold – Value Add Medical Office Project Transacted for $10.25M in Upland, CA
Stewart Plaza Upland, California JUST SOLD CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of Stewart Plaza, at 400 and 440 Mountain Avenue in Upland, California for $10.25 million. The two-building, 84,498-square-foot multi-tenant office and medical office project was 56 percent leased at the time of sale. Gary Stache, Sammy Cemo, Anthony DeLorenzo, […]
News Release: Mission Accomplished: Physician-Owned Medical Office Building Sold in Texas
Recently Sold Dallas/Fort Worth Class “A” Physician-Owned MOB healthcareREA.com HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of a 40,000 SF Class “A” Physician-Owned Medical Office Building located in the greater Dallas/Fort Worth MSA. The Class “A” medical office building was recently developed to consolidate multiple physician practice groups and […]
News Release: Montecito Medical Acquires Trophy Asset Involving Advocate Aurora Health
FOR IMMEDIATE RELEASE November 5th, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a large, state-of-the-art medical complex tenanted by the leading health system in the Milwaukee marketplace. The facility, Aurora Health Center – 84 South, is a five-story surgical […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2020 Results
Third Quarter Net Loss Attributable to Common Shareholders of $0.45 Per Share Third Quarter Normalized FFO Attributable to Common Shareholders of $0.06 Per Share November 05, 2020 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter and nine months ended September 30, 2020. “While the […]
News Release: Healthcare Realty Trust Reports Results for the Third Quarter
November 04, 2020 17:00 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Nov. 04, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the third quarter ended September 30, 2020. The Company reported net income of $8.2 million, or $0.06 per diluted common share, for the quarter ended September 30, 2020. Normalized FFO for the […]
Transactions: TST, Harrison Street sell 11-property portfolio for $240M
Lincoln Advisors acquires the 474,100 square feet of MOBs, IRFS for pension fund client By John B. Mugford At this point during the COVID-19 pandemic, there are plenty of investors looking to deploy “pent up” capital into stable investments amid a time of continued uncertainty. This was certainly evident during the recent marketing and sales […]
News Release: H2C Advises Health System on $135 Million of Real Estate Acquisitions
NEW YORK — Nov. 3, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive real estate and financial advisor to a nationally recognized, not-for-profit health system based in the Midwest (“System”) in connection with its $135 million acquisition of seven medical office buildings (“MOB”) throughout its primary market […]
News Release; Anchor Health Properties Closes Three Class A MOB Transactions in Key Target Market
FOR IMMEDIATE RELEASE November 03, 2020 Anchor Health Properties Closes Three Class A MOB Transactions in Key Target Market (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently closed on a portfolio of three Class A medical office assets […]
News Release: Woodside Health Announces Acquisition of Fleming Island Medical Plaza – Jacksonville, FL
FOR IMMEDIATE RELEASE CLEVELAND, OH (October 28, 2020) – Woodside Health is pleased to announce its acquisition of Fleming Island Medical Plaza, located at 1675-1679 and 1681-1689 Eagle Harbor Parkway in Fleming Island, Florida, part of the Jacksonville MSA. The buildings comprise 46,300 square feet and feature a synergistic mix of 13 medical tenants. Existing […]
News Release: Montecito Medical Buys SEVG Class A Med Facility in Sale/Leaseback in PHX
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Advises Sale/Leaseback of Class A Medical Facility in Phoenix Suburb State-of-the-art facility occupied by Southeast Valley Gastroenterology and Endoscopy groups CHANDLER, Ariz., November 2, 2020 – Cushman & Wakefield today announced the firm has brokered the sale/leaseback of the Southeast Valley Gastroenterology & Endoscopy Center in Chandler […]
News Release: The Sanders Trust Announces Sale of Medical Real Estate Portfolio
Portfolio of 11 Properties Valued at $240 Million Reaches Disposition Phase Birmingham, Ala. NOVEMBER 2, 2020 – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of a sale of a robust portfolio of medical real estate. The portfolio, valued at $240 million, consists of 11 properties. The […]
News Release: Montecito Medical Acquires Medical Plaza in Dallas Metro Area from MedCore Partners
FOR IMMEDIATE RELEASE November 2nd, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Sunnyvale Medical Plaza from MedCore Partners, a Dallas-based healthcare real estate firm. The Class-A property, which offers nearly 22,000 square feet of rentable space, is 100% leased […]
Thought Leaders: Health Systems Make Strategic Moves in Second Full COVID-19-Impacted Quarter
H2C INDUSTRY INSIGHTS • REAL ESTATE 3Q20 Medical Office Building Report Health Systems Make Strategic Moves in Second Full COVID-19-Impacted Quarter October 29, 2020 Health systems lead third-quarter activity as cap rates show modest compression during a quarter that saw lower transaction volume. This is H2C’s second quarterly medical office building (“MOB”) report reflecting the […]
News Release: New Lease at Ridge Point Medical Building (Burnsville, MN)
Davis New Lease Announcement Davis is excited to announce that Ellie Family Services will be joining the Ridge Point Medical Building early 2021! Ellie Family Services’ mission is to better the lives of everyday families through the creation and delivery of innovative and customized wellness programs, goods, and services. They strive to fill the gaps […]
News Release: Flagship Healthcare Properties Acquires Medical Office Building in Columbia, S.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm expands South Carolina presence with Columbia acquisition CHARLOTTE, N.C. (Oct. 28, 2020) – Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of a Class A medical office building and ambulatory surgery center (“the Property”) in Columbia, South Carolina. […]