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 […]
News Release: MOB Financing – Closed
MRXE, led by Michael Bennett partnered with Jim McMahon and Erik Tellefson for senior and mezz financing on The Parkway MOB, a 130,000 SF class A medical office building. Total proceeds exceeded $30,000,000. MRXE Capital Markets sources debt, mezz, preferred equity, structures joint-ventures, and handles investment sales in the medical real estate sector. MRXE Capital Markets […]
TRANSACTIONS: Anchor Health Properties adds to San Diego portfolio with two acquisitions
SAN DIEGO – Wilmington, Del.-based Anchor Health Properties is continuing its growth mode, as the company that once focused most of its efforts on healthcare developments has emerged as a significant player in the MOB acquisitions arena.
TRANSACTIONS: DOC to acquire more Minnesota MOBs
Physicians Realty Trust agrees to buy additional facilities from developer Davis By John Mugford When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship. That relationship is continuing this fall with a recent […]
TRANSACTIONS: Bentall Kennedy LP acquires 101,142 square foot MOB in Portland for $49.6M
PORTLAND, Ore. – When the sale of the 100 percent leased Oregon Clinic Gateway MOB in Portland was announced Aug. 18, the buyer and , the sale price were not disclosed.
News Release: Florida Orthopaedic Institute leases 29,000-square-foot space in new medical office building in Tampa area
Construction started Oct. 24 on 53,000-square-foot building being developed by Ryan Companies TAMPA, Fla. (October 25, 2017) – Florida Orthopaedic Institute has leased a 29,000-square-foot clinical suite in Brandon Gateway Medical Plaza, a 53,000-square-foot multi-tenant medical office building being developed in Brandon by Ryan Companies. Ryan Companies, which is also the architect and contractor of the project, broke […]
Cover Story: Perfect Storm – The inside story of MedProperties’ acquisition of the Harrison Street Portfolio
MedProperties’ recent $230 million acquisition of the Harrison Street Portfolio was unusually large and complex, involving three sellers, 18 properties in 10 states, intense time pressure, and unconventional financing. Now throw in two hurricanes, a cyber-attack, two new babies, a failed phone system, a trip to the emergency room, and a few more surprises, and it’s […]