News Release: Meridian Purchases 1.15 Acres in Santa Cruz County; Plans to Develop 11,400 SF Outpatient Ambulatory Clinic
Meridian Purchases 1.15 Acres in Santa Cruz County * * * Plans to Develop 11,400 SF Outpatient Ambulatory Clinic SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of two parcels of vacant land totaling […]
News Release: New Lease at Plymouth Medical Building
Davis New Lease Announcement Plymouth Medical Building Davis is excited to welcome Caravel Autism Health to our Plymouth Medical Building! They will join Fresenius Kidney Care in this newly renovated, class A medical office building this spring. Caravel Autism Health is a leading autism services provider, offering both diagnosis and treatment. Specialists create and lead individualized Applied […]
News Release: Just Closed – Smyrna Physicians Pavilion
CBRE Capital Markets | Healthcare JUST CLOSED SMYRNA PHYSICIANS PAVILION Smyrna, Tennessee Sale Date: 1/22/2020 Property Size: 35,036 SF Occupancy: 85% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Smyrna Physicians Pavilion (the “Property”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley and Sabrina Solomiany partnered with Morgan Hillenmeyer from […]
News Release: New Lease at CityPlace Medical II
Davis New Lease Announcement Adefris & Toppin Women’s Specialists, M.D.P.C. Adefris & Toppin Women’s Specialists will join Shriners Healthcare for Children in the newest medical office development at CityPlace II this summer! They will be moving off of the Woodwinds Hospital Campus with a new long term lease for 8,040 rsf. Adefris & Toppin offer a full […]
News Release: C&W completes $7.7 million medical office sale in Roscoe, IL
Cushman & Wakefield Represents Owner in $7.7 Million Sale of 25,565 SF Medical Office Building in Roscoe, Ill. Three-tenant property near Illinois/Wisconsin border is anchored by SwedishAmerican, a division of UW Health CHICAGO, Jan. 31, 2020 – Cushman & Wakefield’s Healthcare Capital Markets team has represented owner Glen Rock Development, LLC in the $7.7 million sale of […]
News Release: H2C Advises Franciscan Missionaries of Our Lady Health System on Bond Financing and Direct Placement
FOR IMMEDIATE RELEASE H2C Advises Franciscan Missionaries of Our Lady Health System on $150 Million in Taxable Bond Financing and $78 Million Taxable Direct Placement New York — Jan. 31, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, through its wholly-owned subsidiary, H2C Securities Inc. (“H2C”), served as the […]
News Release: Sold – Mission-Critical Medical Office Building
Emerson Hospital Center for Specialty Care $23,300,000 We congratulate our client on the successful disposition of the above-referenced asset. JCL exclusively represented the seller and procured the buyer. COLEMAN BENEDICT Senior Managing Director 617.848.1567 coleman.benedict@am.jll.com MINDY BERMAN Managing Director 617.316.6539 mindy.berman@am.jll.com BEN SAYLES Senior Director 617.848.1568 ben.sayles@am.jll.com BRANNAN KNOTT Vice President 617.316.6508 brannan.knott@am.jll.com MICHAEL RESTIVO […]
News Release: Anchor Health Properties Marks Entry in Targeted Market with Strategic Acquisition
FOR IMMEDIATE RELEASE January 28, 2020 Anchor Health Properties Marks Entry in Targeted Market with Strategic Acquisition (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 invested in a Class A medical office building located in the affluent and […]
News Release: It’s a Done Deal: Maine Health and Higher Educational Facilities Authority
Raymond James Healthcare Finance It’s a done deal Raymond James serves as senior manager for Maine Health and Higher Educational Facilities Authority’s $36.415M revenue bonds The Series 2019B bonds were the first new money moral obligation offering in Maine in the last eight years. Maine HHEFA was able to yield a positive result and capitalize […]
Transactions: Welltower adds to record year
Newly announced MOB investments would bring REIT’s 2019 total to $3.5 billion By John B. Mugford Final 2019 medical office building (MOB) sales volume totals were not yet available when this edition of Healthcare Real Estate Insights™ went to press. But whatever the country’s total ends up being for last year – and well over […]
Transactions: Newsbreak (Jan/Feb 2020 edition)
Elliott Bay Capital Trust sells 50 dialysis clinics to a public REIT for $142.9 million SEATTLE – Seattle-based Elliott Bay Capital Trust has sold a portfolio of 50 net-leased dialysis clinics with 430,000 square feet of space in 22 states to an undisclosed REIT for $142.9 million. The clinics are leased to Fresenius Medical Care […]
News Release: Cushman & Wakefield Negotiates $24.3M Sale of Gardens Medical Pavilion
For Immediate Release Scott O’Donnell, Michael Ciadella, Dominic Montazemi, Greg Miller, Miguel Alcivar, Anthony Librizzi and Michael Feldman Represented Gardens Medical Pavilion, LLC in the Sale of the ±75,424-Square-Foot Medical Office Tower PALM BEACH GARDENS, FL, January 22, 2020 — Cushman & Wakefield has negotiated the sale of Gardens Medical Pavilion, a ±75,424-square-foot, Class A medical office tower […]
News Release: NKF Handles $59 M Portfolio Sale for PSJH; Kicks off Phase Two
Newmark Knight Frank Completes Phase One Sale of 10-Property Portfolio for Providence St. Joseph Health NEWPORT BEACH, CA (January 22, 2020) — Newmark Knight Frank (NKF) has announced the sale of the first phase of a more than 344,000- square-foot, 10-property portfolio for Providence St. Joseph Health (PSJH) for a total value of approximately $59 […]
News Release: Colliers facilitates $42,000,000 sale of the iconic “Taj Mahal” medical office building in Laguna Hils, Ca
FOR IMMEDIATE RELEASE Located Across the Street from Saddleback Hospital, Institutional Quality Asset is a Rare MOB Trade Laguna Hills, CA (January 22, 2020) – The Colliers’ Healthcare Orange County Team just announced the closing of the highly-sought-after medical building known as the “Taj Mahal” located at 23521 Paseo De Valencia Laguna Hills, CA 92637. […]
News Release: BGL Announces the Real Estate Sale of the Musculoskeletal Institute of Tyler
Brown Gibbons Lang & Company Deal Announcement BGL Announces the Real Estate Sale of the Musculoskeletal Institute of Tyler Cleveland – January 22, 2020 — Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of the Musculoskeletal Institute of Tyler consisting of approximately 68,952 total rentable square feet. BGL’s Healthcare Real Estate […]