News Releases: Virtus Real Estate Capital, Ryan Companies Acquire Richfield Medical Office Property
APRIL 15, 2019 AUSTIN, Texas – Virtus Real Estate Capital (“Virtus”), a leading asset manager of alternative real estate property types, and its partner, Ryan Companies, today announced the acquisition of Woodlake Centre (“Woodlake”), a hybrid medical office and traditional office property in Richfield, MN. The partnership plans to focus its efforts on repositioning the […]
News Release: CBRE Completes Sale of $90 Million Medical Buildings Portfolio Across Four States
Atlanta – CBRE announced today the closing of 23 medical buildings through three separate transactions totaling approximately $90 million. The deals, sold to separate buyers over the last week, totaled over 300,000 square feet across four states. Properties include the Greenleaf Center Medical Portfolio in the Chicago Metropolitan Area, the Dermatology Solutions Group Portfolio in […]
News Release: CIT Arranges $14.8 Million Financing for Acquisition of Dallas Medical Office Building
NEW YORK, April 12, 2019 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit arranged $14.8 million in financing for the acquisition of Greenville Medical Tower in Dallas, Texas. The financing was arranged on behalf of a joint venture managed by Catalyst Healthcare Real Estate and Bain Capital Real […]
News Release: Carter Validus Mission Critical REIT, Inc. to Merge with Carter Validus Mission Critical REIT II, Inc.
TAMPA, FL – Carter Validus Mission Critical REIT, Inc. (“CVMC REIT I”) and Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”), both registered, non-traded real estate investment trusts focused on investing in income producing commercial real estate, announced today that the companies have entered into a definitive agreement to merge in a stock […]
News Release: Harrison Street and HealthAmerica Welcome Piedmont Internal Medicine to Newly-Renovated Northwest Medical Center in Atlanta
Private internal medicine practice to occupy 16,000-square-foot, custom-built space in premier, multi-tenant medical office building ATLANTA – April 11, 2019 – Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, and HealthAmerica Realty Group (“HealthAmerica”), an Atlanta-based health care real estate firm with more than 25 years […]
News Release: Marvin Crossing Medical Office Building Sold
April 10, 2019 | Press Release Charlotte, NC (April, 2019) – MPV Properties (MPV) is pleased to announce the sale of 16817 Marvin Road, Charlotte, North Carolina. This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Eighteen doctors will practice at this well-located office that sits at the signalized intersection of Ardrey Kell […]
News Release: The Sanders Trust acquires $49 million facility occupied by Bakersfield Heart Hospital in California
FOR IMMEDIATE RELEASE April 9, 2019 Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced its real estate acquisition of the Bakersfield Heart Hospital (BHH) an award-winning hospital located in Bakersfield, California. The 85,971 square foot, Class “A” facility was built in 2000 and adds California as the […]
News Release: Just Closed: 2061 Peachtree, Atlanta, Georgia
Sale Date: 4/2/2019 Property Size: 47,936 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of 2061 Peachtree (the “Property”), located in Atlanta, Georgia. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. 2061 Peachtree is a five-story, 47,936 rentable square foot, […]
News Release: Just closed: Methodist Professional Center II | Indianapolis, Indiana
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 143,499 square foot Methodist Professional Center II in Indianapolis, Indiana. The Class A facility is on the academic medical campus of IU Health’s Methodist Hospital in downtown Indianapolis, the largest hospital complex in the State of Indiana with 1,411 staffed beds. Methodist […]
News Release: Seavest sells Patient Care Centers at Inova Fair Oaks near Washington, D. C.
The firm renovated and repositioned the two adjacent medical office buildings on the campus of Inova Fair Oaks Hospital to better serve the tenants and their patients FAIRFAX, Va., and WHITE PLAINS, N.Y., April 3, 2019 – Seavest Healthcare Properties LLC has sold two medical office buildings (MOBs) on the campus of Inova Fair Oaks […]
News Release: HFF closes sale of The Children’s Hospital of San Antonio Health Pavilion in San Antonio, Texas
PHILADELPHIA, PA, April 3, 2019 – HFF announces it has closed the sale of The Children’s Hospital of San Antonio Health Pavilion, a brand new, 100-percent-leased, 57,250-square-foot, state-of-the-art and purpose-built medical office building located in the prestigious Stone Oak submarket of San Antonio, Texas. HFF marketed the asset on behalf of the seller, Seavest Healthcare […]
News Release: Avison Young brokers sale of two premier medical office buildings in Fairfax, Va.
Two medical office buildings on the Inova Fair Oaks Hospital campus sell for $46 million WASHINGTON – Avison Young announced today that it has negotiated the sale of two medical office buildings located on the Inova Fair Oaks Hospital campus in the affluent Washington suburb of Fairfax, Va. The buildings at 3650 and 3700 Joseph Seiwick Drive total 158,338 square […]
Transactions: Healthcare Realty Trust lands a pair of D.C.-area MOBs
$46 million purchase was part of $121 million in recent MOB buys for the REIT By John B. Mugford FAIRFAX, Va. — Publicly traded healthcare real estate investment trusts (REITs) are typically prone to acquire nearly-filled, stabilized medical office buildings (MOBs) that do not require much effort to add value. There are exceptions, of course, […]
News Release: Healthcare Realty Trust Completes Recent Acquisitions
April 02, 2019 12:41 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., April 02, 2019 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) recently acquired four medical office buildings in three separate transactions for an aggregate purchase price of $121.0 million. The transactions were primarily funded with net proceeds of $115.9 million from the Company’s equity […]
News Release: Adventus Realty Services Signs Molina Healthcare of Illinois in Renewal Lease
For Immediate Release Daniel Svachula, Michael Simpson and Allyson Yates represented Adventus Realty Services, Inc. CHICAGO, April 2, 2019 – Cushman & Wakefield has represented Adventus Realty Services, Inc., in lease renewal negotiations with Molina Healthcare of Illinois at 1520 Kensington at The Crossings of Oakbrook in Oakbrook, Illinois. The company occupies 37,127 square feet […]