Feature Story: Spring MOB sales volume fell up to 60% amid the pandemic
But NKF says this ‘buying opportunity’ might bring REITs and other investors off the sidelines By John B. Mugford During the past five years, the medical office building (MOB) sector announced its presence among the major types of commercial real estate with annual sales topping $11 billion, according to the major real estate data firms […]
News Release: Just Sold: 100% Leased, Multi-Tenant Medical Office Building (Phoenix, Ariz.)
JUST SOLD! 300 E Osborn Road, Phoenix, AZ 85012 100% Leased, Multi-Tenant Medical Office Investment Property Sale Price: $3,429,000 Sale Date: 6/19/2020 $175 Psf 19,615 Sf Generated multiple offers Newmark Knight Frank FOR INFORMATION, PLEASE CONTACT: Trisha Talbot Managing Director 602.952.3880 ttalbot@ngkf.com Kathleen Morgan Managing Director 602.952.3815 kmorgan@ngkf.com
News Release: IRA Capital expands Medical Office Portfolio with Pennsylvania and Florida Acquisitions
June 29, 2020 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two ambulatory surgery center facilities in the Florida and Pennsylvania markets. The Pennsylvania property is leased to Pocono Ambulatory Surgery Center (“PASC”), a multi-specialty surgery center operated by Surgical Care Affiliates (“SCA”) in partnership with Lehigh […]
News Release: Franklin Street Brokered Financing of Physicians Medical Center in Baton Rouge, La.
PUBLISHED: JUN 24, 2020 Medical Office and Hospital Financing for $12.4MM Tampa, FL (June 16, 2020) – Franklin Street has brokered the acquisition and renovation financing of Physicians Medical Center, a hospital and medical office building located in Baton Rouge, LA. Franklin Street’s Capital Advisory team Ben Miller and Casey Siggins represented the buyer New Era Companies, in the $12.4MM […]
News Release: Just Closed – The Everett Clinic Founders Building
CBRE Capital Markets | Healthcare and Life Sciences Just Closed The Everett Clinic Founders Building Everett, WA Sale Date: 6/12/2020 Property Size: 69,169 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of The Everett Clinic Founders Building (the “Property”), located in Everett, Washington. Chris Bodnar, Lee Asher, Ryan Lindsley, […]
News Release: Just Closed – Hughston Clinic Orthopaedics & Surgery Center
CBRE Healthcare Capital Markets | Healthcare JUST CLOSED HUGHSTON CLINIC ORTHOPAEDICS & SURGERY CENTER Nashville, TN Sale Date: 6/15/20 Building Size: 23,606 SF Occupancy: 100% CBRE is pleased to announce the sale of Hughston Clinic Orthopaedics & Surgery Center (the “Property”). Morgan Hillenmeyer, Roscoe High, Douglass Johnson and Nicole Filkins partnered with Lee Asher, Chris Bodnar, Ryan Lindsley, Jordan Selbiger and Sabrina […]
News Release: Concord Hospital Memorial Medical Office Building West
Published on June 22, 2020 On June 29, Concord Hospital will be cutting the ceremonial ribbon to open a new wing to its Memorial Medical Office Building, offering an efficient layout to support team-based care, enhanced exam and procedure rooms, centralized registration on each floor and a new café. The state-of-the-art Memorial Medical Office Building West […]
News Release: CBRE Announces Sale of Medical Office in Orange County to Local Exchange Buyer for $8.4 Million
Orange County, CA | June 22, 2020 The deal generated multiple offers from local investors Newport Beach, Calif. – CBRE announced the sale of a 11,499 square-foot medical office in Tustin, Calif. for $8.4 million to an unidentified local 1031-exchange buyer. CBRE’s Ian Schroeder, Melissa Ley and Allison McDuffie represented the seller, CREST Properties LLC. The infill […]
News Release: Gantry Secures $33.3 Million in Financing for Adjacent Buildings in the San Francisco East Bay
Bay Area Special Purpose Office & MOB assets receive $33.3 million in permanent financing. FOR IMMEDIATE RELEASE Transaction Details Loan Amount: $33,300,000 Loan Type: Fixed-Rate Financing Loan Term: 10-Year Term Loan Amortization: 30-Year Amortization Property Type: Special Purpose Office Building & Medical Office Building San Francisco, CA, June 22, 2020 – Gantry, Inc., the largest […]
News Release: Stan Johnson Company Brokers Sale of Indiana Healthcare Facility for $2.7 Million
June 18, 2020 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a single-tenant, 10,000-square-foot healthcare facility leased to Advanced Medical Imaging. The property is located at 2008 West Boulevard Street in Kokomo, Indiana. Rachel Walz of Stan Johnson Company exclusively represented the buyer, a Chicago, Illinois-based individual […]
News Release: IRA Capital expands Southern California portfolio with life science campus purchase
June 9, 2020 — Southern California‐based private equity firm IRA Capital is pleased to announce the acquisition of a three‐building 160,000 square foot corporate campus in Aliso Viejo, CA (Orange County). The project sits on 12 acres and is 100% leased to Glaukos Corporation (NYSE: GKOS), which shall serve as the company’s new global headquarters. Glaukos focuses on […]
News Release: JLL completes sale of Colorado medical office complex
Three-building medical campus anchored by Optum DENVER, CO, June 17, 2020 – JLL Capital Markets announced today that it has closed the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs, Colorado. JLL represented the seller, and procured the buyer, MBRE Healthcare. Union Medical Office Plaza consists of 1625, […]
News Release: Anchor Health Properties Acquires Key IRF in Target Mid-Atlantic Market
FOR IMMEDIATE RELEASE June 15, 2020 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently acquired a 42,140 square foot Class A Inpatient Rehabilitation Facility (IRF) located in Dover, Delaware. Anchor acquired the asset through a joint venture with […]
News Release: Flagship Healthcare Properties Expands North Carolina Presence With Recent Acquisitions
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm acquires medical office buildings in Hickory, North Carolina Charlotte, N.C. (June 15, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, expands its North Carolina footprint with the acquisition of three outpatient medical office buildings (MOB) in Hickory, N.C. totaling 88,000 square feet. […]
News Release: IRA Capital acquires New York medical building anchored by Mt. Sinai & NYU
June 10, 2020 Southern California private equity firm IRA Capital has purchased a three-story 41,500 square foot medical office building in Manhasset (Long Island) anchored by Mount Sinai Health System and NYU Langone Medical Center. The facility serves as a multi-specialty clinic for Mount Sinai, offering internal medicine, gastroenterology, and cardiology services. Mount Sinai Health […]