Transactions: Broadstone REIT buys 18 MOBs
Elliott Bay portfolio is being sold in chunks; dialysis centers will close next By John B. Mugford When Seattle-based Elliott Bay Capital Trust LLC put a healthcare real estate (HRE) portfolio on the market in April 2018, it offered 91 single-tenant net-leased (STNL) facilities with a total of 1.02 million square feet in 25 states. […]
News Release: Broe Real Estate Group Sells Four Building California Medical Campus
Second major turnaround project in three months positions firm for expanded Colorado investment NEWS PROVIDED BY Broe Real Estate Group Feb 21, 2019, 16:05 ET DENVER, Feb. 21, 2019 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver confirmed the sale of a four-building 287,539 square foot medical office park located at 1620, 1640, […]
News Release: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company of Binghamton announce the sale of the New York State Medical Office Portfolio for $45 Million
Lisa Menin of Jacobson Properties and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company of Binghamton are pleased to announce the sale of the New York State Medical Office Portfolio, composed of 5 institutional grade medical office properties located in the Capital Region and Hudson Valley of New York State. The Portfolio is anchored by […]
News Release: Portfolio Investment in Sacramento Launches a New Market for Anchor and Crosses $1 billion in New Investments
FOR IMMEDIATE RELEASE February 18, 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 completed the acquisition of a four building medical office portfolio in Sacramento, California through a joint venture with an affiliate of Morgan Stanley Real Estate. With […]
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 […]