News Release: Anchor Health Properties Announces Acquisition of Denver Medical Office Portfolio
FOR IMMEDIATE RELEASE July 10, 2017 Contact: Emily Kanter, Maven Communications, ekanter@mavenagency.com, 215-434-7195 (Philadelphia, PA)- Anchor Health Properties, a national full service leasing, management, development, and investments firm focused on healthcare real estate, is pleased to announce the acquisition of a portfolio of three Class A medical office assets in metro Denver, Colorado on June 15th. The acquisition […]
News Release: Avison Young negotiates sale of Forest Glen Medical Office Building in Silver Spring, MD
For Immediate Release Thursday, July 6, 2017 Washington, DC – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of Forest Glen, a 62,379-square-foot (sf) class A medical office building located on the campus of […]
Transactions: DocREIT in the midst of buying $735 million in MOBs
Acquisitions include assets excluded from HTA-Duke deal and more CHI MOBs Physicians Realty Trust (NYSE: DOC), the Milwaukee-based publicly traded real estate investment trust (REIT) that has grown rapidly since its founding in 2013, recently announced that it has executed purchase and/or sale agreements with four separate entities for 18 medical office buildings (MOBs) at […]
News Release: Easterly Government Properties Announces $127.5 Million 3.59% Fixed Interest Only Mortgage Financing on Department of Veterans Affairs Ambulatory Care Facility in Loma Linda, California
June 29, 2017 09:00 AM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE:DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that it has closed on a $127.5 million mortgage loan […]
News Release: Physicians Realty Trust Announces $735.0 Million of Executed Purchase and Sale Agreements, Including the Pending Acquisition of the Baylor Charles A. Sammons Cancer Center
Physicians Realty Trust Date: 06-28-2017 For a complete listing of our press releases, please click here Acquisition Guidance for 2017 increased from a range of $800 Million to $1.0 Billion to a range of $1.2 Billion to $1.4 Billion Provides Estimates of Second Quarter Financial Impacts from Recent Events MILWAUKEE–(BUSINESS WIRE)– Physicians Realty Trust (NYSE: […]
Industry Pulse: Are foreign investors poised to buy U.S. MOBs?
The time is ripe if senior housing is any indication, new JLL report contends BOSTON – It appears to be only a matter of time before a foreign investor makes a headline-grabbing acquisition of a large U.S. medical office building (MOB) portfolio, according to a new report from the Boston-based Healthcare Capital Markets team with Chicago-based Jones Lang […]
News Release: Flagship Healthcare Properties completes first Louisiana acquisition
For Immediate Release Charlotte, NC – June 22, 2017 – Flagship Healthcare Properties has made its first acquisition in the state of Louisiana, acquiring Covington Medical Arts Pavilion in the New Orleans MSA. The Class A, 55,000 square foot medical office building is certified LEED Silver, located at 5025 Keystone Boulevard, and joins the growing Flagship […]
Thought Leaders: Healthcare is HOT for Foreign Investors
Healthcare Capital Markets Perspective June 2017 U.S. seniors housing has been a magnet for global capital with $3.4 billion in investments in the last 10 years, most in the last five years. Canada leads the pack with 40% of the total investment activity, followed closely by Asia-Pacific at 35%. Chinese capital alone accounted for $2.6 […]
Cover Story: Four ways the HTA-Duke Realty deal changes the industry
The buzz has slowed a bit in the aftermath of the blockbuster healthcare real estate (HRE) deal of 2017, but there are still a few details to be worked out and the transaction is likely to have an ongoing impact on the sector in several ways. By John B. Mugford The deal, of course, has […]
Hot Property: Office park emerging as MOB hotbed
Five-building property complements Houston’s Texas Medical Center Name: Pin Oak Portfolio City: Bellaire, Texas (Houston metro) Number of buildings: 5 Square feet: 504,721 Campus size: 12 acres Occupancy: 93 percent Medical tenancy: 58 percent Brokers: Mindy Berman, Tom Fish, Brian Bacharach and Rudy Hubbard of JLL In Greater Houston, one of the most affluent, conveniently […]
Transactions: Montecito acquires “premier destination” MOB in Carlsbad, Calif., for $27.3 million
CARLSBAD, Calif. – Nashville, Tenn.-based Montecito Medical Real Estate in May acquired the 49,580 square foot North Coast Medical Plaza in Carlsbad, an affluent coastal town just north of San Diego.
Transactions: The Sanders Trust enters its 22nd state with $21 million purchase in Maryland
HAGERSTOWN, Md. – Birmingham, Ala.-based The Sanders Trust (TST), an HRE facilities owner and development firm, recently made its foray into Maryland, the 22nd state where it has a presence.
Transactions: Pension fund buys Houston-area MOBs for $58 million; Marcus & Millichap brokers the sale
HOUSTON – Institutional Property Advisors (IPA), a Marcus & Millichap subsidiary, announced in early June that it brokered the $58 million sale of a portfolio of fully leased medical office buildings (MOBs) near Houston: Memorial Hermann Surgical Hospital and Physicians Pavilion in Sugar Land, and two UT Physicians facilities in Sugar Land and Richmond.
Transactions: MedProperties Holdings, Cypress West acquire Bakersfield, Calif., MOB for $16.1 million
BAKERSFIELD, Calif. – A partnership of Dallas-based MedProperties Holdings LLC and Rancho Santa Margarita, Calif.-based Cypress West Partners recently acquired Riverwalk Medical Plaza, a 54,923 square foot MOB in Bakersfield.
Transactions: HTA lands $150 million MOB portfolio
REIT acquires 11 assets in Arizona, California from NexCore-Heitman joint venture By John B. Mugford Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) grabbed headlines in May for its pending acquisition of most of Indianapolis-based Duke Realty Corp.’s (NYSE: DRE) medical office building (MOB) portfolio. The price tag is likely to be at or […]