Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017
OAK BROOK, Ill. – Oak Brook-based Inland Real Estate Group has made four MOB acquisitions with a total of about 119,000 square feet since the start of 2017, according to the company.
Transactions: MOB sales drop a bit in Q1 2017
First quarter’s volume was $1.82 billion, according to Real Capital Analytics By John B. Mugford The incredible run that medical office building (MOB) sales have been on in recent years is due to come to an end, or at least come to a slowdown, at some point, according to conventional wisdom as well as a […]
Hot Property: Rehab facility offers room for growth
Florida asset is leased by a growing provider and has land for future expansion Name: NeuLife Rehabilitation Address: 2725 Robie Ave. City, State: Mount Dora, Fla. Seller: NeuLife Neurological Services LLC Year opened: 2013 Size: 54 suites, 64,224 square feet Lot size: 43 acres Brokerage: Brown Gibbons Lang & Co. Brokers: Christopher Stai, Clinton Parker […]
Transaction: Montecito buys medical facility in Del Webb community in Sun City for $9.3 million
SUN CITY, Ariz. – Nashville, Tenn.-based Montecito Medical Real Estate recently expanded its national portfolio by acquiring a 35,420 square foot MOB in the densely populated, master-planned retirement community of Sun City, Ariz.
Transactions: Stage Equity Partners lands multi-tenant MOB from physician owners for $14.5 million
BLOOMINGTON, Ill. – Chicago-based Stage Equity Partners LLC, which focuses on HRE investments, has acquired The Center for Outpatient Medicine (TCOM), a 45,150 square foot multi-specialty outpatient surgical center in Bloomington, Ill.
Transactions: Carter Validus Mission Critical REIT II buys MOBs in separate deals in Illinois, Texas
TAMPA, Fla. – Tampa-based Carter Validus Mission Critical REIT II (C-V REIT II), which acquires healthcare and data center properties, recently made two medical purchases.
Transactions: Encino, Calif., asset fetches $35.5 million; HFF brokers sale of ‘value-add’ MOB
ENCINO, Calif. – Holliday Fenoglio Fowler LP (HFF) announced April 6 that it was the seller’s exclusive agent for the $35.5 million sale of the nine-story, 128,243 square foot Encino Corporate Plaza on 1.18 acres at 16661 Ventura Blvd. in Encino, outside of Los Angeles.
Transactions: Local New York firm acquires fully occupied MOB on Long Island for $14.7 million
NORTH HILLS, N.Y. – New York-based CHC Management Group recently acquired a 24,690 square foot MOB in North Hills, in Nassau County on Long Island, for $14.7 million, or $593 PSF.
Transactions: San Diego company acquires two, fully occupied MOBs in northern Scottsdale
SCOTTSDALE, Ariz. – A San Diego-based asset advisory firm recently acquired side-by-side MOBs in far northern Scottsdale, at the northeast corner of the Loop 101.
News Release: Griffin-American Healthcare REIT IV Acquires Two-Building Medical Office Building Portfolio in Athens, Georgia
ATLANTA, May 24, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired the two-building Athens Medical Office Building Portfolio in Athens, Georgia, approximately 70 miles east of Atlanta. Built in 2007, the approximately 61,000-square-foot Athens Medical Office Building […]
News Release: Caddis completes four major medical office building closings in one day
‘Strong company growth’ includes two acquired MOBs in Texas, the sale-leaseback of six-building portfolio in Illinois, refinanced MOBs and more DALLAS, May 24, 2017 – In one fast-paced, remarkable day, Caddis completed four major medical office building (MOB) closings, including acquisitions, a refinancing, a sale-leaseback transaction and the formation of a new holding company that benefits […]
News Release: Bull Realty Brokers $16.8 Million Medical Office Building in Athens, GA
ATLANTA (May 22, 2017) — Paul Zeman, President of Healthcare Real Estate Services at Bull Realty, brokered the sale of “The Exchange,” two identical medical office buildings totaling 61,203 SF in Athens, GA. The sale closed on May 18, 2017 for $16.8 million. The Exchange was built in 2007 by Bell Harrison Development. St. Mary’s […]
News Release: Medical Properties Trust, Inc. to Invest $1.4 Billion in Ten Acute Care Hospitals and One Behavioral Health Facility
Investor Relations Press Release Acquisitions Immediately Accretive to Normalized FFO by Approximately $0.10 Per Share BIRMINGHAM, Ala.–(BUSINESS WIRE)–May 19, 2017– Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has signed definitive agreements to acquire the real estate interests of ten acute care hospitals and one behavioral health facility […]
News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio
FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]
News Release: Recent MOB Sale – Rainier Orthopedic Institute
Global Healthcare Services Structures Tax-Efficient Seller Reinvestment for Seattle MOB Disposition Written by: Jonathan Kesler, Global Healthcare Services The Newmark Grubb Knight Frank Global Healthcare Services team recently closed the on the sale of the Rainier Orthopedic Institute in Puyallup, WA. Anchored by Proliance Orthopedic Associates, a dominant provider of orthopedic care in the Puget […]