News Release: Stan Johnson Company Arranges Sales of St. Vincent Medical Group Facility in Middletown, Indiana
Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 North 5th Street in Middletown, Indiana, the facility is strategically located 15 miles southwest of Muncie, Indiana and only one hour from Indianapolis. The property […]
News Release: Stage Equity Partners Acquires Inverness Dental & Medical Plaza in Birmingham, AL
Chicago-based Stage Equity Partners (Stage Equity), has acquired Inverness Dental & Medical Plaza located at 202 Inverness Center Drive in Birmingham, AL, from Inverness Dental Associates, LLC. Purchase price was not disclosed. Said Stage Equity Partner Brian Howard, “We worked directly with the physician and dentist owners to structure a sale-leaseback that best serves the […]
News Release: Cornerstone Companies, Inc. MOB Fund Acquires $18.6M Portfolio
Cornerstone Companies, Inc. recently announced the purchase of three healthcare real estate properties totaling more than 94,000 sf in Texas, Louisiana and Illinois for a total of $18.6 million. The properties were acquired by Cornerstone MOB Fund III, a private equity fund focused solely on medical real estate. Over the past three years, Cornerstone has […]
News Release: JUST SOLD – Premier Coastal Medical Office Building Trades for Record-Setting Price in Newport Beach, CA
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 1601 Avocado Avenue in Newport Beach, California. Anthony DeLorenzo, Gary Stache, Doug Mack, and Chris Bodnar of CBRE represented the seller, a private investor. The buyer, a renowned medical institution, will operate its first Orange County facility at the property. The sale reflected […]
News Release: Just Closed :: Medical Plaza at Creekside Place
Just Closed: Medical Plaza at Creekside Place 1050 North James Campbell Boulevard, Columbia, Tennessee Sale Date: 1/28/2019 Property Size: 65,059 SF % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Medical Plaza at Creekside Place (the “Property”), located in Columbia, Tennessee. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany […]
News Release: Capital One Closes $104.4 Million Loan to Fund Acquisition of Medical Office Building Portfolio
Capital One announced today that it provided a $104.4 million adjustable-rate loan to a joint venture between Catalyst Healthcare Real Estate and Bain Capital Real Estate for the acquisition of 21 medical office buildings totaling 531,000 square feet and located across eight states. This is the second transaction that Capital One closed with Catalyst last […]
News Release: MBRE Healthcare opens East Coast regional office in Washington, D.C. area
High-touch medical real estate company expands its national infrastructure to better serve regional tenants and health systems Chicago and Washington D.C., February 6, 2019 — MBRE Healthcare, the largest private owner of healthcare properties in the country, announced today the opening of its eighth regional office in the greater Washington D.C. area, located at 20955 […]
News Release: Announcement – $49,000,000 Hospital / Medical Office Sale in Phoenix, AZ. – Fairfield Advisors
Fairfield Advisors announces sale of Oasis Orthopedic Hospital / Medical Office Building in Phoenix, AZ. – $49,000,000 Transaction – ( Denver, CO and Phoenix, AZ.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Oasis Orthopedic Hospital/Medical Office Building located at 740 North 40th Street in Phoenix, […]
News Release: Shriners Healthcare for Children-Twin Cities Campus FOR SALE
Shriners Healthcare for Children -Twin Cities, East River Parkway site, Listed for Sale by Colliers International | Minneapolis-St. Paul As Shriners Healthcare for Children -Twin Cities transitions to a new healthcare model, real estate needs have also shifted Shriners Healthcare for Children-Twin Cities has recently transitioned from a hospital model to an outpatient clinic format. […]
News Release: Two innovative companies have combined under one brand: Avison Young
Avison Young acquires GVA Avison Young is excited to announce the acquisition of U.K.-based GVA, one of the U.K.’s leading and most diverse real estate advisory businesses. We are now 5,000 strong, with 120 offices in 20 countries, nearly doubling our size and ability to provide clients with whatever they need, wherever in the world […]
News Release: Just Closed – La Ronde Medical Centre
Just Closed – La Ronde Medical Centre 14620 N. Del Webb Blvd | Sun City, AZ Sale Date: 1/29/2019 Property Size: 88,400 SF % Leased: 90.3% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the La Ronde Medical Centre (the “Property”), located in Sun City, Arizona. Chris Bodnar, Lee Asher, Shane […]
News Release: NorthWest announces the acquisition of an 11 property, $1.2BN Australian hospital portfolio from Healthscope
All dollar values herein are in Canadian dollars. Australian dollar values have been converted into Canadian dollars using an illustrative exchange rate of $1.00CAD = $1.05AUD. NWH Australia AssetCo Pty Ltdas trustee for NWH Australia Asset Trust (“NorthWest Australia”), a controlled entity of NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX:NWH.UN) announced today that it has […]
News Release: Memorial Sloan Kettering Signs 75ksf Lease at 333 East 61st St. in NYC
LaSalle and William Macklowe Company Secure Six-Story, 75,000-Square-Foot Lease with Memorial Sloan Kettering at 333 E. 61st Street Medical Office Building NEW YORK – LaSalle Investment Management (“LaSalle”) and William Macklowe Company (“WMC”) announced that they have completed a long-term lease agreement with Memorial Sloan Kettering for 100% of the approximately 75,000 square feet of […]
News Release: Inaugural Sun City, Arizona Investment Marks Anchor Health Properties’ Entry Into the Phoenix Market
FOR IMMEDIATE RELEASE January 31, 2019 (Wilmington, DE) 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 highly strategic 89,000 square foot institutional quality outpatient medical center in Sun City, Arizona through a joint venture with an affiliate of […]
News Release: Transwestern’s Houston Healthcare Team To Lease Mixed-Use Innovation Tower In Texas Medical Center
Justin Brasell and Lisa Bovermann are providing healthcare leasing services. January 30, 2019 HOUSTON – Transwestern today announces it has been retained to provide leasing services for Innovation Tower, a 48-story, 1.6 million-square-foot, mixed-use development in the Texas Medical Center. Transwestern’s Executive Vice President Justin Brasell and Senior Vice President Lisa Bovermann are providing healthcare leasing […]