Trasactions: Virtus Real Estate acquires MOB in Hialeah, Fla.; hires Aurum to manage facility
Austin, Texas-based Virtus Real Estate LLC, a private equity firm, recently acquired the 68,000 square foot Hialeah Medical Plaza, an MOB attached to the 378-bed Hialeah Hospital, part of Tenet Healthcare Corp. West Palm Beach, Fla.-based Aurum Property Partners LLC marketed the property for the seller, […]
Transactions: Inland Real Estate affiliate purchases two MOBs near Hartford, Conn., for $16M
Oakbrook, Ill.-based Inland Real Estate Acquisitions Inc. recently facilitated the acquisition of two MOBs in New Britain by an affiliate of The Inland Real Estate Group LLC.
Transactions: CBRE Global Investors acquires final two MOBs of 27-building portfolio
GREATER CHICAGO – It looks as if Los Angeles-based CBRE Global Investment Partners (GIP) in September 2017 acquired the final two MOBs that are part of its larger purchase of a 95 percent interest in a 27-building portfolio from a joint venture (JV) of Los Angeles-based Kayne Anderson Real Estate Advisors and Chicago based MB […]
Transactions: Global Medical REIT was the buyer of Oklahoma portfolio for $49.5 million
OKLAHOMA CITY – Even though we previously reported the sale of three facility orthopedic portfolio in Oklahoma City that took place in the first half of 2017, the buyer nor the transaction price were known by HREI™ until recently. According to data from RCA, the buyer of the Oklahoma Center for Orthopaedic & Multi-Specialty Surgery […]
Industry Pulse: 10-asset Rendina MOB portfolio on the market
JLL healthcare team is marketing six-state, 10-property, 489,301 s.f. portfolio JUPITER, Fla. — One of the medical office building (MOB) sector’s long-standing, better-known development firms is putting a portfolio of properties on the market at a time when pricing remains as high as It’s ever been. The Healthcare Capital Markets team from Chicago-based Jones Lang LaSalle (NYSE: JLL) […]
News Release: HFF announces sale of Saddleback Financial Center in Laguna Hills, California
SAN DIEGO, CA – November 20, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Saddleback Financial Center, a four-story, 72,928-square-foot medical office tower in Laguna Hills, California. The HFF team marketed the property on behalf of the seller, True North Management Group, LLC, and procured the buyer, an affiliate of Laurus Corporation. […]
News Release: Urology of Virginia Portfolio Investment Sale
Just Sold: Urology of Virginia Portfolio, Virginia Beach, VA 225 Clearfield Avenue: 42,000 SF , Sales Price $18,352,000 229 Clearfield Avenue, 44,377 SF, Sales Price $20,048,000 TOTAL SF: 86,377 TOTAL Sales Price: $38,400,000 Sale Date: 11/16/2017 Team members involved: Todd Perman, Dana Hamric, Garth Hogan and Richard Gerakitis
News Release: Capital Square 1031 Completes Two DST Offerings of Medical Office Buildings in North Carolina
FOR IMMEDIATE RELEASE Capital Square 1031 Completes Two DST Offerings of Medical Office Buildings in North Carolina RICHMOND, Va. (Nov. 20, 2017) – Capital Square 1031 announced today that its Delaware statutory trust offerings, CS1031 Morganton MOB, DST and CS1031 Louisburg MOB, DST, each comprised of a medical office building occupied by affiliates of Fresenius […]
News Release: Announcing the closing of the Catalyst HRE high-acuity MOB portfolio
HFF advised the owner, Catalyst HRE, in the recapitalization of the six-property portfolio including radiation oncology, surgery and imaging facilities located throughout Florida and North Carolina. HFF arrange acquisition financing. Closed: November 2017 Size: 68,002 square feet. Investment Sales Advisors: Anthony Frogameni, Evan Kovac, Zack Drozda, Ben Appel, Andrew Milne and Matt DiCesare Debt and Structured Finance: […]
News Release: Avison Young Completes Sale of Vacant Medical Office Building in Tempe, AZ
Avison Young brokers $1.66 million sale of vacant medical office building in Tempe, AZ Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has negotiated the $1.66 million sale of a vacant 9,816-square-foot medical office building in Tempe, AZ. Avison Young Principals Julie Johnson and Alexandra Loye, based […]
News Release: Flagship Healthcare Properties expands Triangle footprint with Holly Springs acquisition
For Immediate Release HOLLY SPRINGS, NC – October 14, 2017 – Flagship Healthcare Properties has acquired the Holly Springs Surgery Center building located at 600 Village Walk Drive in Holly Springs, North Carolina. The new Class A, ± 18,220 square foot ambulatory surgery center (“ASC”) and medical office building (“MOB”) was recently developed as a build-to-suit […]
News Release: Sold – Medical Office | San Diego | CA
North Coast Medical Plaza 6010 Hidden Valley Road Carlsbad, CA 92011 Size: 49,580 SF Seller: SSG TH, LLC Buyer: Monticeto Medical San Diego Capital Markets Bob Prendergast | 858 410 1217 CA RE License # 00883530 bob.prendergast@am.jll.com Lynn LaChapelle | 858 410 1216 CA RE License #00898286 lynn.lachapelle@am.jll.com Sach Kirpalani | 858 410 6392 CA RE License # 01799500 sach.kirpalani@am.jll.com John […]
News Release: Recently Sold: Medical Park II, Chattanooga TN
Newmark Knight Frank Global Healthcare Services 21,880 SF Medical Office Building Sale Price: $7,030,000 Sale Date: 10/27/2017 Brokers: Todd Perman, CCIM Executive Managing Director Global Healthcare Services Phone: 404.806.2511 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services Phone: 949.608.2115 ghogan@ngkf.com Dana P. Hamric Managing Director Global Healthcare Services Phone: 404.806.2513 dhamric@ngkf.com Joey Dillard Associate […]
News Release: Bamboo Equity Partners Buys Medical Office Building In Sunset Hills, MO
Commercial Real Estate Investors to Renovate Building, Enhance Patient Experience NEWS PROVIDED BY Bamboo Equity Partners Nov 02, 2017, 13:27 ET ST. LOUIS, Nov. 2, 2017 /PRNewswire/ — Bamboo Equity Partners, a leading real estate manager and investor of office and industrial properties, announced today that its Bamboo Micro Opportunity Fund I, L.P. has acquired 10777 Sunset Office […]
News Release: Montecito Medical Acquires Middle Tennessee Asset
NASHVILLE, TENN., November 1st, 2017 — Montecito Medical Real Estate, one of the largest, privately held firms in the country devoted exclusively to medical real estate, has acquired the 16,500 square-foot Saint Thomas – Mt. Juliet medical office building in rapidly growing Mt. Juliet, Tennessee, approximately 18 miles east of downtown Nashville. This Class A medical […]