News Release: NKF and JLL Complete Lease for TeamHealth
Newmark Knight Frank and JLL Complete Lease Relocation and Restructure for TeamHealth Newmark Knight Frank (NKF) and JLL announced the completion of a 51,290-square-foot lease for medical staffing firm TeamHealth. TeamHealth will consolidate and relocate approximately 400 employees to Corporate Pointe at West Hills, located at 8511 Fallbrook Ave. NKF’s Executive Managing Director David Kluth […]
News Release: Healthcare Real Estate-Developer Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million
Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million With more than 500,000 SF currently in development/redevelopment and another 500,000-plus SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California Meridian, a full-service real estate developer and owner of general and […]
News Release: Deal: Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT
Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT Capital One announced today that it provided a $92.4 million USD adjustable-rate loan to Invesque, a real estate investment company specializing in healthcare and senior living properties throughout North America. Invesque used these funds as part of its acquisition […]
News Release: MedProperties, Cypress West Partners form JV to acquire Phoenix medical office building
The, 50,040 square foot West 101 Gateway MOB has class A finishes, an ideal location near major highways and a full-service medical campus, and excess land for future development PHOENIX and DALLAS, June 13, 2018 – In a continuation of its belief in the strong Phoenix healthcare market, MedProperties Holdings LLC has acquired its fourth […]
News Release: How Healthcare Providers Can Benefit from ROFOs and ROFRs
In a recent BOMA MOB conference appearance and a comprehensive new white paper, DOC executives share insights into how hospitals and health systems can maximize the value of their real estate rights when the buildings they occupy come up for sale. June 12, 2018 08:00 AM Eastern Daylight Time HOUSTON & MILWAUKEE–(BUSINESS WIRE)–Rights of first […]
News Release: Meridian Participates in San Francisco Acquisition!
Seavest Investment Group, assisted by Meridian, has closed escrow on a 87,190 square foot, 7-story office building at 939 Ellis Street in San Francisco. The Seller was a joint venture of Seattle-based Columbia Pacific Advisors and San Francisco-based Long Market Property Partners. The purchase price was $49 million. Meridian sourced this opportunity and then assisted […]
News Release: Class A Medical Office Building Sold | Nashville, TN
Investment Sale of Saint Thomas Medical Building 5700 Temple Road, Bellevue, Tennessee Anthony Lunceford and Joe Massa, the Nashville-based Executive Managing Directors of Colliers International’s Healthcare Investment Services group, transacted on the sale of a 22,300 SF three-story medical office building occupied by Saint Thomas Medical Partners. Located just 13 miles from downtown Nashville in Bellevue, […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger
BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger with the add-on of a $6MM term loan to an cumulative $18MM Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as […]
News Release: Montecito Medical Acquires Second Middle Tennessee Asset
Montecito Medical Real Estate, one of the largest, privately held firms in the country devoted exclusively to medical real estate, has acquired the 22,300 square-foot Saint Thomas – Bellevue medical office building in the rapidly growing and affluent neighborhood of Bellevue, Tennessee, approximately 11 miles southwest of downtown Nashville. This Class A, three-story medical office […]
News Release: Hammond Hanlon Camp LLC Advises Tower Health on its Acquisition of 5 Pennsylvania-based Hospitals from Community Health Systems
posted on June 6, 2018 NEW YORK — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the financial advisor to Reading Health System (the “System” or the “Company”), now known as Tower Health, on its acquisition of five hospitals from Franklin, Tenn.-based Community Health Systems. Headquartered in Reading, Pa., the Company […]
News Release: MedProperties and Anchor Health Properties acquire two-building Shady Grove MOB portfolio
Partners say the Rockville, Md., medical office buildings’ revitalized tenancy, strategic location and affluent patient base will make the complex a market leader for medical space ROCKVILLE, Md.; DALLAS; and CHARLOTTESVILLE, Va., June 6, 2018 – MedProperties’ newest investment – the Shady Grove Medical Office Building (MOB) portfolio in Rockville – is the company’s first […]
Transactions: Biggest MOB portfolio sale since Duke Realty?
Industry sources say CNL Healthcare Properties plans to sell its MOBs ORLANDO, Fla. – In what could be the largest medical office building (MOB) portfolio sale since last year’s Duke Realty sale, multiple healthcare real estate (HRE) industry sources tell Healthcare Real Estate Insights that CNL Financial Group plans to sell the MOB portfolio owned […]
Transactions: Kayne Anderson acquires fully occupied, two-story, 53,000 s.f. Schaumburg, Ill., surgery center for $17.75 million
SCHAUMBURG, Ill. – The Boca Raton, Fla.-based real estate unit of Kayne Anderson Capital Advisors has acquired the two-story, 53,000 square foot Barrington Orthopedic Specialists building in Schaumburg for $17.75 million, or about $335 per square foot (PSF). The 100 percent occupied, single-tenant, off-campus MOB at 929 W. Higgins Road opened in 2011. It was […]
Transactions: Healthcare Realty Trust acquires Oklahoma City MOB for $11.4 million
OKLAHOMA CITY — Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) has acquired the six-story, 81,705 square foot Northwest Medical Center on 3.47 acres at 3330 N.W. 56th St. in Oklahoma City for $11.4 million, or about $140 per square foot (PSF). Local news media reported the sale of the multi-tenant, on-campus MOB in late […]
News Release: New lease announcement
Davis is pleased to announce a new long-term lease has been signed at CityPlace Medical Associated Eye Care will join Minnesota Gastroenterology in this brand new, class A medical office development. Their 15,000 sf first floor clinic will combine their Woodbury and St. Paul locations to provide the community with top notch eye care. CityPlace Medical is scheduled […]