News Release: Just Closed :: Hock Plaza
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Hock Plaza in Durham, North Carolina. Sale Date: December 21, 2017 Property Size: 327,160 SF Occupancy: 99% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza (the “Property”). Lee Asher and Chris Bodnar of […]
News Release: Ridgeline sells medical office building in Flower Mound
FOR IMMEDIATE RELEASE FLOWER MOUND, Texas – (January 22, 2018) – Ridgeline, a privately-held commercial real estate investment company, has sold Prairie View Medical Plaza, a 43,119-square-foot medical office building located in the heart of Flower Mound, Texas. “When we purchased this property, we believed that the property’s location and surrounding demographics would only continue […]
News Release: Announcement – $10,625,000 Medical Office Sale in Sebastian FL – Fairfield Advisors
Fairfield Advisors announces sale of Indian River Medical Center in Sebastian, FL. – $10,625,000 Transaction – January 22, 2018 – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Indian River Medical Center located at 801 Wellness Way in Sebastian, FL. The medical […]
News Release: Investors Real Estate Trust Press Release: IRET Completes Sale of Two Additional Medical Office Buildings
IRET Completes Sale of Two Additional Medical Office Buildings MINNEAPOLIS, Jan. 22, 2018 /PRNewswire/ — IRET (NYSE: IRET) completed the sale of two additional medical office buildings on January 19, 2018, for an aggregate sale price of approximately $30.5 million. This follows the Company’s announcement on January 2, 2018, that it sold 25 medical office buildings for an aggregate sale price of approximately $367.7 million. With […]
News Release: Elliott Bay Announces 2017 Activity: 37 Properties Acquired, Three Independent Members Join Board of Directors
NEWS PROVIDED BY Elliott Bay Capital Trust Jan 12, 2018, 11:40 ET SEATTLE, Jan. 12, 2018 /PRNewswire/ — Elliott Bay Capital Trust (“Elliott Bay“), a privately held real estate investment firm that invests in mission-critical healthcare properties leased by leading specialty care providers, hospitals, and health systems, has announced the expansion of its national portfolio of healthcare real estate […]
News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas
On behalf of Malouf Interests, the JLL Healthcare Capital Markets Group is pleased to announce the sale of Northpoint Medical Arts, a 118,876 rentable square foot medical office building in Dallas, Texas. The property is strategically located near the intersection of LBJ Freeway and Central Expressway, two of Dallas’ most heavily traveled thoroughfares, and in […]
News Release: IRET Completes Sale of Medical Office Building Portfolio
Company Release – 1/2/2018 5:40 PM ET MINNEAPOLIS, Jan. 2, 2018 /PRNewswire/ — IRET (NYSE: IRET) substantially completed the sale of its medical office building portfolio on December 29, 2017, closing on 25 properties for an aggregate sale price of approximately $367.7 million. This follows the Company’s announcement on November 30, 2017, that it entered into a purchase and sale […]
News Release: HFF Sold: Overland Park Medical Office Building
Announcing the closing of Overland Park Medical Office Building, Overland Park, Kan. HFF closes the sale of a core MOB on the campus of HCA Midwest Health Menorah Medical Center Closed: December 2017 Size: 38,496 square feet 51% tenancy affiliated with HCA High-acuity tenant services including a best-in-class ASC Situated along premiere commercial retail and […]
News Release: Inland Real Estate Acquisitions Closes the Purchase of a Medical Office Building in Illinois
Inland Real Estate Acquisitions, LLC Closes the Purchase of a Medical Office Building in Elmhurst, Illinois Oak Brook, Ill. – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Edward-Elmhurst Health Center, an approximately 13,000-square-foot medical office building located on the north side of Elmhurst, Illinois, approximately 20 miles […]
Transactions: Meridian acquires MOB in Orange County, Calif.; plans to make $24 million of improvements
LAGUNA HILLS, Calif. – San Ramon, Calif.-based Meridian recently closed on the acquisition of a value-add, 57,057 square foot MOB in Laguna Hills, in Orange County, Calif. Meridian plans to invest more than $24 million into the 74 percent occupied MOB, known as The Laguna.
Transactions: DOC acquires Texas MOB for $30 million
Physicians Realty Trust buys Midland facility occupied by local health system and USPI By John B. Mugford Milwaukee-based Physicians Realty Trust (NYSE: DOC) recently acquired Legends Park, a 64,200 square foot MOB and ambulatory surgery center (ASC) complex in Midland, in West Texas.
Hot Property: A small gem in the San Gabriel Valley
Fully occupied MOB in West Covina, Calif., is within two miles of 238 restaurants Name: West Covina Medical Square Address: 1500 block W. Garvey Ave. N. West Covina, Calif. No. of buildings: 2, Square feet: 22,564 Occupancy: 100 percent, Number of tenants: Five Avg. remaining lease term: 4.79 years Brokerage: CBRE SoCal Investment Properties Brokers: Gary P. Stache, […]
Transactions: Bamboo Micro Equity Fund I acquires 52,000 square foot MOB outside of St. Louis
SUNSET HILLS, Mo. – Chesterfield, Mo.-based Bamboo Equity Partners, which manages $450 million worth of real estate in the Midwest, recently acquired an MOB in Sunset Hills, outside of St. Louis, through its Bamboo Micro Opportunity Fund I LP.
Transactions: Montecito acquires newly constructed, 16,500 square foot MOB near Nashville, Tenn.
MT. JULIET, Tenn. – In more news from Montecito Medical Real Estate, the firm announced recently that it acquired the 16,500 square foot Saint Thomas – Mt. Juliet MOB in rapidly growing Mt. Juliet, near Nashville.
Transactions: Welltower lands MOBs in Florida
Tenant is large physician group with 50-plus locations in Greater Tampa area By John B. Mugford For the most part, the country’s largest healthcare-focused real estate investment trusts (REITs), those with portfolios worth hundreds of millions of dollars, are not all that interested in making smaller acquisitions of one or two medical office buildings (MOBs) […]