News Release: Associated Bank finances $9.6M for construction of Arvada, Colorado medical office building
Associated Bank finances $9.6M for construction of Arvada, Colorado medical office building MINNEAPOLIS – August 19, 2020 – Associated Bank recently completed a $9,641,000 loan for Mortenson Development, Inc. / Seavest Healthcare Properties, LLC, for construction of a Class A medical office building. The 42,425-square-foot Candelas Medical Office Building will be located at the intersection of […]
Transactions: A closer look at Tower Health’s $203.7M monetization
Amid the pandemic, the Pa.-based system sold 23 assets to Oak Street Real Estate Capital By John B. Mugford Just as June was coming to a close, a Pennsylvania-based health system’s sale of a 23-property, mostly medical office building (MOB) portfolio in southeastern Pennsylvania garnered a strong price of $203.7 million at a capitalization (cap) […]
News Release: Children’s Medical Center to Join New Saint Joseph Medical Office Pavilion in Denver in Lease Arranged by CBRE
FOR IMMEDIATE RELEASE The pavilion, which totals almost 97,000 sq. ft. of Class A medical office space, is the first new development on the St. Joseph campus since the hospital opened four years ago DENVER – Aug. 18, 2020 – CBRE announced that Children’s Medical Center (CMC) has pre-leased 8,699 sq. ft. at Saint Joseph […]
News Release: Just Closed – Huntersville (N.C.) Medical Plaza
CBRE Capital Markets | Healthcare and Life Sciences Just Closed Huntersville Medical Plaza Huntersville, North Carolina Sale Date: 8/12/2020 Property Size: 26,166 SF Occupancy: 50% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Huntersville Medical Plaza (the “Property”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley and Sabrina Solomiany partnered with Patrick […]
News Release: Acquisition of a Four Building, 62,388 SF, Medical Office Portfolio, in North Carolina Finalized
August 13, 2020 12:02 ET | Source: Block Real Estate Services, LLC Kansas City, Missouri, Aug. 13, 2020 (GLOBE NEWSWIRE) — North Carolina — August 13, 2020 — Block Real Estate Services, LLC (“BRES”) announces the acquisition of a 4-property ophthalmology portfolio located on the eastern coast of North Carolina via a 12-year sale/leaseback with Albemarle Eye Center/Precision Eye Care […]
News Release: Flagship Healthcare Properties Acquires Medical Office Building in Huntersville, N.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm expands Metro Charlotte, N.C. presence Charlotte, N.C. (August 13, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, continues to expand its Charlotte footprint with the acquisition of Huntersville Medical Plaza, a Class A, two-story, 26,166-square-foot outpatient medical office building (MOB), located at […]
News Release: Just Closed – 400 Tower Road (Marietta, Ga.)
CBRE Capital Markets | Healthcare and Life Sciences Just Closed 400 Tower Road (Marietta, Ga.) Sale Date: 7/31/2020 Property Size: 48,145 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of 400 Tower Road (the “Property”), located in Marietta, Georgia. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan […]
News Release: Maryland Oncology plans to open major practice in the Seavest-owned Medical Pavilion at White Oak
FOR IMMEDIATE RELEASE The state’s largest cancer group has leased 23,500 square feet in the building located on the campus of Adventist Healthcare White Oak Medical Center in Silver Spring The Medical Pavilion at White Oak at 11886 Healing Way will be home to Maryland Oncology Hematology’s new 23,500-square-foot cancer practice. SILVER SPRING, Md., and […]
News Release: Caddis acquires 44,201-square-foot Gateway Medical Plaza II near Nashville, Tenn.
FOR IMMEDIATE RELEASE This is the 27th property purchased by the firm’s inaugural medical office acquisition fund, which is expected to be fully deployed early in the fourth quarter of 2020 MURFREESBORO, Tenn., and DALLAS, Aug. 12, 2020 – Caddis® has acquired the 44,201-square-foot, Class A Gateway Medical Plaza II in Murfreesboro, near Nashville. The […]
News Release: Broe Real Estate Signs Colorado Eye Consultants to Anchor New MOB Concept
Leading Eye Care Center Eyes Move NEWS PROVIDED BY Broe Real Estate Group Aug 12, 2020, 09:08 ET DENVER, Aug. 12, 2020 /PRNewswire/ — Broe Real Estate Group (BREG) has signed eye care industry leader Colorado Eye Consultants, formerly known as Corneal Consultants of Colorado, to anchor its new medical building located on 4.66 acres at 1501 W. Mineral Ave., Littleton, […]
Transactions: Q2 MOB sales were about $2 billion
As anticipated, Revista and RCA confirm that sales were down, but not as much as feared By John B. Mugford Despite the worries that medical office building (MOB) sales would see a big drop in the second quarter (Q2) amid the COVID-19 pandemic, the volume came in just fine — not great, but not awful […]
News Release: New Lease at Plymouth (Minn.) Medical Building
Davis is excited to announce a new lease at the Plymouth Medical Building! In December, Plymouth Vision Center will join Fresenius Medical Care and Caravel Autism Health in this newly expanded and renovated MOB featuring class A building finishes. Plymouth Vision Center’s mission is to exceed the expectations of their patients by providing exceptional eye care […]
News Release: Montecito Medical Acquires Prime Office Property in Houston Area
FOR IMMEDIATE RELEASE August 10th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a prime medical property, Mason Creek Medical Office Building (MOB), in suburban Houston. Consisting of 30,000 square feet on 3.89 acres in a steadily growing area of […]
News Release: Kayne Anderson Real Estate Completes Healthcare Portfolio Acquisition from Welltower
Portfolio of 34 Assets Comprises Geographically Diverse Medical Office Buildings and Seniors Housing Properties NEWS PROVIDED BY Welltower Inc. Aug 05, 2020, 16:00 ET BOCA RATON, Fla. and TOLEDO, Ohio, Aug. 5, 2020 /PRNewswire/ — Kayne Anderson Real Estate (“KA Real Estate”), the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., and Welltower Inc. (NYSE: WELL), a real estate […]
News Release: Scottsdale office portfolio sells for $46.2M
JLL Capital Markets closed the sale of the properties to separate buyers PHOENIX, August 5, 2020 – JLL Capital Markets announced today that it has completed the $46.2 million sale of a two-property office portfolio totaling 223,249 square feet in the northern part of Scottsdale, Arizona, on behalf of Equus Capital Partners. Both buildings are […]