News Release: Hanley Investment Group arranges sale of 156,000 sf mixed-use retail center for $62 million in Arcadia, Calif.
Posted on February 24, 2017 Retail, Office and Medical Complex Sells for Nearly 98% of Asking Price CORONA DEL MAR, CALIF. – Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, […]
News Release: HFF closes $17 million sale of Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital
PHILADELPHIA, PA – February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate of George Comfort […]
News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems
NEWS PROVIDED BY Steward Health Care System Feb 16, 2017, 16:15 ET BOSTON, Feb. 16, 2017 /PRNewswire/ — Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”). The transaction is expected to close in the second quarter of 2017, subject […]
News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania
FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]
News Release: Medical Office Sales at Near Record in 2016
JLL research reports that medical office sales in 2016 were $7.64 billion, the second highest year on record, following the breakout year of 2015 with $9.03 billion in sale volume. Sales Highlights Key Points: Sales of medical office buildings and outpatient care facilities exceeded all prior years except for 2015, providing solid support to the […]
Thought Leaders: Marcus & Millichap Medical Office Research National Report “2017 Outlook”
Generational Differences Driving Growth, Advancement in Today’s Medical Office Market Generational cohorts create diverging trends in healthcare. The aging U.S. population, combined with emerging differences in the way generations process healthcare information, have been signifi cant drivers in the nation’s healthcare industry. As the 65-and-older age segment increases by 20 million individuals over the next 10 years, demand for healthcare services […]
News Release: Trigild Closes $35.5 Million Dollar Receivership Sale of Encino Office Building
Press Release (ePRNews.com) – SAN DIEGO – Feb 07, 2017 – Trigild, a San Diego-based real estate firm specializing in property/asset management and fiduciary services, has announced the $35.5 million receivership sale of the Encino Corporate Plaza. Located at 16661 Ventura Boulevard in Encino, Calif., the nine-story, 126,275-square-foot office complex was sold to an undisclosed […]
News Release: Just Sold: Key-Whitman Eye Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Key-Whitman Eye Center in Dallas, Texas. Sale Date: January 30, 2017 Building Size: 35,709 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Key-Whitman Eye Center (the “Property”) in Dallas, Texas. Lee Asher and Chris Bodnar of […]
News Release: MedEquities Realty Trust Makes $12.5 Million Investment In Acute Care Surgical Hospital In Houston
NEWS PROVIDED BY MedEquities Realty Trust, Inc. Feb 07, 2017, 06:30 ET NASHVILLE, Tenn., Feb. 7, 2017 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced it has made a $12.5 million investment in an acute care surgical hospital in Houston, Texas. The investment is in the form of a newly originated interest-only loan with […]
News Release: Just Sold: Foster City Medical Pavilion
Just Closed: Foster City Medical Pavilion The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Foster City Medical Pavilion (the “Property”) in Foster City, California. Chris Bodnar and Lee Asher of the CBRE U.S. Healthcare Capital Markets Group partnered with Seth McKinnon and Scott Prosser in the Northern California market to act […]
Thought Leaders: Colliers International Releases 2017 Health Care Marketplace Report
Despite Record Occupancy, Areas of Uncertainty Remain for Health Care Overall, 2016 was a year of expansion for health care real estate in the United States. The national vacancy rate for medical office buildings (MOB) hit an all-time low. Net absorption of MOB space was the highest since 2008 while average rents grew. Investment activity—while down slightly from 2015—remained strong […]
News Release: Global Medical REIT Inc. Provides Acquisition Update
Press Release Company Release – 2/1/2017 8:30 AM ET Company Announces Two Completed Acquisitions and Five Executed Purchase Contracts for an Aggregate of $103.5 million BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company” or “GMR”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities […]
News Release: Capital One closes $534.9M loan to finance Starwood Property Trust MOB portfolio acquisition
FOR IMMEDIATE RELEASE Capital One Closes $534.9 Million Loan to Finance Acquisition of Medical Office Building Portfolio Bethesda, Md. (January 30, 2017) – Capital One announced today that it served as lead arranger and bookrunner for a $534.9 million loan used to acquire a portfolio of 34 medical office buildings—one of the largest medical office building […]
News Release: Marcus & Millichap arranges the sale of a 14,527 square foot net-leased medical property
FOR IMMEDIATE RELEASE Contact: Richard A. Bird First Vice President/District Manager, Denver (303) 328-2000 INDIANAPOLIS, IN, February 1, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a 14,527-square foot net-leased plasma collection facility located in Indianapolis, […]
News Release: TopMed Realty acquires medical office, retail and public garage components of 680 North Lake Shore Drive
TopMed Realty forms joint venture with Golub & Company in the medical and university corridor of downtown Chicago’s Streeterville neighborhood TopMed Realty is pleased to announce the acquisition of the commercial component of 680 North Lake Shore Drive (“680”), representing 493,064 square feet of commercial space, as well as 331 public garage parking spaces. Golub & Company, which […]