News Release: JUST SOLD: Medical Office Building Trades for $5.9 Million in West Covina
JUST SOLD: WEST COVINA MEDICAL SQUARE 1539, 1541-1555 W. GARVEY AVE. NORTH | WEST COVINA, CALIFORNIA TRANSACTION SUMMARY CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 1539, 1541-1555 W. Garvey Ave. North located in West Covina, CA at a price of $5,900,000 ($261/SF). The 22,564 SF medical office building was 100% leased […]
News Release: HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M
HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M on behalf of a global investment advisor Sept. 26, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $34.4 million sale of two hospital and surgery center-anchored medical office buildings (MOBs) in New York and Philadelphia totaling 107,536 square feet on […]
News Release: Global Healthcare Services Recent Transaction – Fischer Laser Eye Center, Willmar, MN
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Fischer Laser Eye Center Willmar, MN Total SF: 31,775 SF Medical Office Building Selling Price: $11,500,000 Sale Date: 9/14/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Jonathan Kesler Associate Global Healthcare Services 404.806.2730 jkesler@ngkf.com […]
News Release: Montecito Medical Acquires Central Minnesota Medical Office Building
Nashville, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the United States, has completed the acquisition of a Class A medical office building in Willmar, Minnesota, that houses one of the region’s leading specialty providers. “On behalf of the building owners, I would like to commend the staff of both Montecito Medical […]
News Release: ESJ Capital Partners Sells $18 Million Tampa Medical Office
University Park Business Center Miami – ESJ Capital Partners, LLC (“ESJ”), a full service investment management firm based in Aventura, announces the $18 million sale of University Park Business Center, a 99,154-square-foot office campus on 12.5 acres located at 4001 East Fowler Avenue in Tampa, Florida, directly across from University of South Florida (USF). The […]
News Release: National Real Estate Leader Closes on Norwood Medical Center at 825 Washington St. in Norwood, Massachusetts for $23.5 Million
Thor Equities today announced it has closed on the acquisition of Norwood Medical Center, its first property in the Greater Boston area, for $23.5 million Located at 825 Washington St. in Norwood, Massachusetts, the three-story, 92,000-square-foot medical office building is currently 95 percent occupied. Tenants include Steward Health Care, the largest private hospital operator in the United […]
News Release: Henry Ford Moving into New Royal Oak City Center
Royal Oak– Already home to a robust business community, downtown Royal Oak will be getting another boost with today’s announcement that the Henry Ford Health System will occupy the entirety of the new Royal Oak City Center when it is complete. Just months after breaking ground on the development, the Boji Group began working with Henry […]
News Release: Anchor Health Properties Expands Philadelphia Area Presence With Two Building Portfolio Acquisition
(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 closed on the acquisition of two strategic outpatient medical office buildings in suburban Philadelphia. With well over one million square feet of medical office space managed and/or under development in the […]
News Release: Medical Office Debt Placement – $96M Non-Recourse Financing
MEDICAL OFFICE DEBT PLACEMENT $96,000,000 Non-Recourse Financing of a Core Medical Office Portfolio Lender: Commercial Bank Loan Amount: $96,000,000 Fixed Rate: 1.15% over 10-year Treasury Loan Term: Ten Year Amortization: Full Term Interest Only Guarantee: Non-Recourse CBRE U.S. Healthcare Capital Markets and Debt & Structured Finance secured a $96,000,000 permanent loan to finance a 490,000 […]
News Release: MedCore Partners Press Release
MedCore Partners Brokers 67 Acres for Methodist Hospital in Midlothian, TX Methodist Health System engages MedCore Partners to acquire land to build the first acute care hospital in the Midlothian market. Dallas, Sept. 18, 2018 /PRNewswire/ — MedCore Partners, a full-service healthcare real estate company, announced today that it has brokered the purchase of a 67-acre land […]
News Release: Leasing for 82,000 SF Gwinnett medical building awarded to Transwestern
Transwestern to lease Gwinnett Medical Office Building in Atlanta’s surging healthcare market Transwestern’s Growing Healthcare Advisory Team Markets Property in Lawrenceville, GA (Sept. 17, 2018 – Atlanta) – Transwestern’s Atlanta office today announces it has been named the exclusive leasing agent of an 82,000-square-foot building at 575 Professional Dr. in Lawrenceville, Georgia, at the entrance […]
News Release: Cushman & Wakefield Inks Three Medical Leases in Franklin Lakes, NJ
Cushman & Wakefield Inks Three Medical Office Leases in Franklin Lakes, N.J. at the New 32,500-SF Franklin Lakes Towne Square 794 Franklin Ave. the Only New Building in Bergen County Designed for Medical-Retail Mix FRANKLIN LAKES, N.J., Sept. 14, 2018 – Three new medical office tenants have leased space at Gabrellian Associates’ new mixed-use building […]
News Release: CIT Serves as Administrative Agent and Lead Arranger on $144 Million Senior Secured Credit Facilities for Bristol Hospice LLC
NEW YORK — Sept. 13, 2018 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as administrative agent and lead arranger for a $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol Hospice LLC to finance the acquisition […]
News Release: Northern California, Healthcare Advisory Group
Recent Sale | 6403 Coyle Avenue Colliers NorCal Healthcare team closes on a 33,640 SF medical office building on the Mercy San Juan Hospital campus in Carmichael, CA. Bill Swettenham Sr Vice President Dir +1 916 563 3082 bill.swettenham@colliers.com License No. 00866455 Eric Ortiz Vice President Dir +1 916 563 3095 eric.ortiz@colliers.com License No. 01821549 […]
News Release: Newmark Knight Frank Global Healthcare Services
RECENTLY SOLD: Glendale Medical Building Farmington Hills, MI Total SF: 44,558 SF Medical Office Building Selling Price: $14,250,000 Sale Date: 8/28/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bwalsh@ngkf.com Garth Hogan Executive Managing Director […]