News Release: Avison Young negotiates 123,944-sf office building acquisition for Northwest Community Healthcare
Avison Young assists Northwest Community Healthcare (NCH) in the acquisition of a 123,944-sf office building Leading area healthcare provider more than doubles its non-clinical footprint, adds to 500,000-sf Chicago market portfolio Nov. 27, 2018, Chicago, IL – Avison Young announced today that it has negotiated the acquisition of a 123,944-square-foot (sf) office building located at 3040 Salt Creek Lane in […]
News Release: Announcement – $6,000,000 Medical Office Sale in Dayton, OH. – Fairfield Advisors
Fairfield Advisors announces the sale of a 4 Medical Office Building Portfolio in Dayton, OH. – $6,000,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio located in the Dayton, OH-area. The medical buildings total 46,178 square feet. DaVita Medical […]
News Release: Broe Real Estate Group Sells Medical Pavilion
Plans to Reinvest in Local Market NEWS PROVIDED BY Broe Real Estate Group 08:08 ET DENVER, Nov. 27, 2018 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver, CO, confirmed the sale of a 121,789 square foot medical pavilion located at 9601 Blackwell Road in Rockville, MD. Constructed in 2000, Shady Grove Medical Pavilion was […]
News Release: Hanley Investment Group Arranges Sale of MedExpress Urgent Care Ground Lease in O’Fallon, Illinois
This transaction marks the fourth single-tenant MedExpress sold by Hanley Investment Group in the last 18 months. CORONA DEL MAR, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant retail […]
News Release: Capital One provides two loans totaling $329.6 million to refinance two medical office building portfolios
FOR IMMEDIATE RELEASE Capital One Provides $107 Million Loan to Refinance Medical Office Building Portfolio Chicago, Ill. (November 26, 2018) – Capital One announced today that it provided a $107 million adjustable rate loan to refinance a 20-asset medical office building portfolio totaling 789,000 square feet. The borrower is a joint venture owned by Kayne Anderson […]
Transactions: ESJ Capital Partners sells repositioned medical services campus in Tampa, Fla., for $18 million
Washington NJ – A pair of New Jersey-based real estate firms were recently involved in a transaction involving a 106,415 square foot outpatient campus in the planned community of The Village at
Transactions: New Atlanta MOB sells for $83 million
DOC acquires 12-story Midtown MOB, which is anchored by Northside Hospital By John B. Mugford The sale of a large, newly completed MOB in the heart of Atlanta’s popular Midtown area comes on the heels of several years of diligent work by Atlanta based Northside Hospital Inc. and Realty Trust Group (RTG), a fullservice healthcare […]
Transactions: Pension fund sells MOBs for $34.4M
Iowa retirement system advisor sells facilities near Philadelphia and New York An undisclosed global investment advisor acting on behalf of the Iowa Public Employee Retirement System (IPERS) recently sold two medical office properties to two separate buyers for a total of $34.4 million.
Transactions: Montecito Medical pays $11.5 million for eye center-anchored MOB in Willmar, Minn.
Willmar, Minn. – In more news from Nashville-based Montecito Medical, the firm recently paid $11.5 million for a “Class A” MOB in Willmar, about 90 miles west of Minneapolis. Completed in 2005,
Transactions: Griffin-American REIT IV acquires 43,000 square foot MOB near Milwaukee for $7.6 million
Glendale, Wis. – Irvine, Calif.-based Griffin-American Healthcare REIT IV recently purchased an 80 percent occupied, 43,000 square foot MOB in Glendale, a suburb north of Milwaukee.
Transactions: Q3 MOB sales were a strong $2.57B
Based on volume so far this year, sales are on a pace to again top $10 billion By John B. Mugford At this point, with the results of medical office buildings (MOB) sales for the third quarter (Q3) now in, it looks as if the total volume for 2018 is going to surpass $10 billion […]
Transactions: New York-based Thor Equities pays $23.5 million for renovated MOB in suburban Boston
Norwood, Mass. – New York-based Thor Equities recently closed on the acquisition of the 92,000 square foot Norwood Medical Center in Norwood. In making its first purchase in Greater Boston,
Transactions: 33,640 square foot MOB on Dignity Health campus near Sacramento trades hands
Carmichael, CA – A 33,640 square foot MOB on the campus of Mercy San Juan Hospital campus in Carmichael, a suburb of Sacramento, recently traded hands. The price was not disclosed for
Transactions: Healthcare Trust Inc. acquires 44,558 square foot MOB in Detroit suburb for $14.25 million
Farmington Hills, Mich. – The 44,558 square foot Glendale Medical Building in Farmington Hills, a northwest Detroit suburb, recently traded for $14.25 million, according to the team that
Transactions: Montecito acquires a 68,500 s.f. MOB in East Providence, R.I., occupied by physicians group
East Providence, R.I. – The four-story, 68,500 square foot University Medicine Medical Office in East Providence is the largest clinic location for locally based University Medicine, which operates