News Release: Montecito Medical Acquires Resurgens Center East
Montecito Medical Acquires Medical Buildings from Leading Orthopaedic Provider in Georgia Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has completed the acquisition of a large medical office and surgery center from the leading orthopaedic provider in Georgia. The acquisition involves the combined 32,785 square-foot Resurgens Center East and adjoining […]
News Release: New Medical Office Complete in Tampa Area
Cushman & Wakefield Awarded Leasing Assignment for Class A Medical Office Building in Wesley Chapel Landlord Dr. Mark Farina Retained Brian Breeding and Nina Sullivan to Market the Newly Completed 16,000 SF Property in a Booming Tampa Bay Submarket Cushman & Wakefield has been retained to handle leasing for Farina Medical Plaza, a brand new […]
News Release: HFF arranges $8M acquisition financing for medical office building in Southern California
HFF announces $8 million in acquisition financing for Redhawk Medical Center, a 32,471-square-foot, multi-tenant medical office in the Southern California community of Temecula. The HFF team worked on behalf of the borrower, Cypress West Partners, LLC (CWP), to place the seven-year, non-recourse, floating-rate loan with a commercial bank. Redhawk Medical Center is situated on 2.5 […]
News Release: MedProperties and Cypress West Partners form JV for value-added acquisition of California MOB
The fully leased, 32,471 square foot Redhawk Medical Center in Temecula, Calif., was purchased at a favorable price, providing plenty of upside potential for its new owners TEMECULA, Calif., and DALLAS. March 28, 2018 – With a favorable purchase price, immediate cash flow and plenty of upside, the 32,471 square foot Redhawk Medical Center in […]
News Release: Orlando medical office portfolio sells for $16.2M
Cushman & Wakefield Negotiates Sale of Five-Building Medical Office Portfolio in Orlando for $16.2 Million Anne Spencer and Travis Ives Represented a Private Group of Investors Cushman & Wakefield has negotiated the sale of a Class A medical office portfolio for $16.2 million. The portfolio consists of five buildings totaling 59,644 square feet, which are […]
News Release: Meridian Purchases 2.06 Acres in Stockton, Calif.
Acquisition Represents Meridian’s 16th Single-Tenant Medical Office Development in Five Years Meridian, a full-service real estate developer and owner of the medical real estate, is pleased to announce that it has closed escrow on the purchase of a 7,500-square-foot building sitting on 2.06-acres located in Stockton, California. The purchase price was $1.25 million. Meridian […]
News Release: Cypress West Partners continues to grow its portfolio adding a 100 percent occupied 32,471 SF medical office property in Temecula.
Cypress West Partners Acquires Redhawk Medical Plaza Cypress West Partners has announced the acquisition of Redhawk Medical Plaza, a 32,471-square-foot two-story medical office property located at 44274 George Cushman Court in Temecula, CA. Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, acquired the high-profile medical office building in a joint […]
Transactions: Caddis acquires MOBs in Texas and Georgia for its newly closed investment fund
Dallas-based Caddis recently acquired three MOBs with more than 120,000 square feet of space, adding them to its first investment
Transactions: Harrison Street pays $141.9 million for 327,160 square foot MOB in Durham, N.C.
Chicago-based Harrison Street Real Estate in recent weeks acquired the 327,160 square foot Hock Plaza I in Durham for $141.9 million, according to a transaction listing posted by Real Capital Analytics
Transactions: Healthcare Realty Trust pays $26.6 million for 99,526 square foot MOB near Chicago
Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) recently acquired the 99,526 square foot Doctors Office Building III
Transactions: After increasing MOB’s occupancy, partnership sells facility in Fredericksburg, Va.
In a “value add” opportunity, a partnership of Charlotte, N.C.-based Flagship Healthcare Properties and New York-based Drake Real Estate Partners acquired the off campus, 72,255 square foot Lee’s
Transactions: MedProperties Holdings, Equity LLC acquire MOB in Bastrop, Texas, outside of Austin
A pair of experienced HRE investors recently teamed up on the acquisition of the 32,987 square foot Lakeside Professional Building in Bastrop, about 34 miles south of Austin. The partnership
Transactions: Norvin makes big buy in Bellaire
Firm acquires the 505,000 square foot Pin Oak complex in suburban Houston By John B. Mugford During the past couple of decades, New York-based Norvin Healthcare Properties has built a strong portfolio of medical office buildings (MOBs) in Greater Houston, where its numerous facilities house services offered by the area’s largest health systems and group […]
Transactions: Seavest and Fleisher Smyth Brokaw acquire a fully leased, on-campus MOB in Littleton, Colo.
White Plains, N.Y.-based Seavest Healthcare Properties LLC recently formed a partnership with Denver-based Fleisher Smyth Brokaw LLC for the purchase of an 18,417 square foot on-campus
News Release: Avison Young Arranges Sale of Skilled Nursing Facility near Washington, DC
Mt. Vernon Nursing & Rehab Center in Virginia sells for more than asking price Avison Young announced today that it has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in an affluent submarket of Washington, DC. A publicly traded REIT purchased the full-service rehabilitation center at 8111 […]