Transactions: Connecticut MOB saw high demand Physicians Realty Trust acquires outpatient cancer care facility for $30.25 million
Physicians Realty Trust acquires outpatient cancer care facility for $30.25 million By John B. Mugford At 95 percent occupied and sitting on the outpatient campus of a prestigious cancer institute in the Northeast, the two-year-old Medical Arts Center at The Hartford HealthCare Cancer Institute in Plainville, Conn., looked to be a lock to attract strong […]
Transactions: Benedict adds to medical portfolio
Most recent $60 million buy brings firm’s total to more than 600,000 square feet By John B. Mugford In an early fourth quarter (Q4) 2016 transaction that seemed to slip under the radar of many publications, New York-based Benedict Realty Group (BRG) closed on purchase of a $60 million, 12-building portfolio comprising mostly medical tenants […]
Transactions: MB Real Estate lands pair of MOBs near Salt Lake City for $12.6M
SALT LAKE CITY – Chicago-based MBRE Healthcare, an affiliate of MB Real Estate, acquired a two-building MOB portfolio in December in Salt Lake City and Ogden, Utah, for $12.6 million, or about $265 PSF, according to RCA.
Transactions: Griffin-American REIT III acquires pair of MOBs in Connecticut for $15.6M
NORWICH, Conn. – Irvine, Calif.-based Griffin-American Healthcare REIT III recently acquired a two-MOB portfolio with a total of 56,265 square feet in Norwich for $15.6 million, or about $277 PSF.
Transactions: Carter Validus REIT II acquires large MOB in Michigan for $43.5 million
GRAND RAPIDS, Mich. – Tampa, Fla.-based Carter Validus Mission Critical REIT II Inc. (CVMC REIT II), non-traded REIT focused on healthcare and data center facilities, recently acquired a four-story, 109,482 square foot MOB in Grand Rapids for $43.5 million, or about $400 PSF, according to data from RCA.
Transactions: $35.5M sale in Encino, Calif.
In more news from the healthcare practice with HFF, Los Angeles-based SRG Properties in the fourth quarter (Q4) 2016 acquired Encino Corporate Plaza, a 126,275 square foot MOB, for $35.5 million, or $281 PSF.
Transactions: Florida investor Triarch pays $21.4M for four-MOB complex north of Miami
PEMBROKE PINES, Fla. – A local real estate investor, Aventura, Fla.-based Triarch Capital, in December 2016 acquired the 91,955 square foot Pembroke Pines Medical outpatient campus for $21.4 million, or about $232 PSF.
Transactions: Carter Validus REIT II pays Welltower $63.6M for rehab facility in Greater Philly
MARLTON, N.J. – In more news from Carter Validus Mission Critical REIT II, the company announced that in December 2016 it acquired the 89,000 square foot Select Medical Rehabilitation Facility in Marlton, N.J., outside of Philadelphia, for about $63.6 million.
Transactions: HTA Inc. acquires MOB for $22 million in Brockton, Mass., south of Boston
BROCKTON, Mass. – Scottsdale, Ariz.-based Healthcare Trust of America (NYSE: HTA) in December 2016 acquired a 45,075 square foot MOB in Brockton for $22 million, or $489 PSF, according to RCA data.
News Release: JLL Healthcare Capital Markets had more than $1 billion in transactions in 2016
2016 Healthcare Capital Markets Transactions The JLL Healthcare Capital Markets team is proud to announce another successful year with over $1B in healthcare transactions. JLL Healthcare Capital Markets JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute […]
News Release: Marcus & Millichap Facilitates the Largest 2016 Medical Office Transaction in Michigan
January 23, 2017 GRAND RAPIDS, Mich., Jan. 23, 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 the Women’s Health Center of West Michigan, a four-story, 106,806-square-foot medical office building. The Class A asset is 93 percent occupied […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $100 Million
January 23, 2017 06:00 AM Eastern Standard Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) completed the following data center and healthcare property acquisitions totaling more than $100 million in aggregate purchase price during the month of December 2016: DATA CENTER PROPERTY ACQUISITIONS Chicago Data Center II Acquired by CVMC […]
News Release: Hammond Hanlon Camp LLC Advises HealthEast on $50MM Taxable Debt Issuance
posted on January 19, 2017 ATLANTA — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to St. Paul, MN-based HealthEast in connection with its taxable debt issuance. The debt proceeds funded an unfunded pension liability on HealthEast’s pension plan, refinanced outstanding debt and financed new capital projects. […]
News Release: HFF closes $30.25 million sale of medical office building at Cancer Center in suburban Hartford, Connecticut
PHILADELPHIA, PA – January 18, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $30.25 million sale of the 72,022-square-foot Medical Arts Center at The Hartford Healthcare Cancer Institute. HFF marketed the property exclusively on behalf of the seller, Tomasso Group, and procured the buyer, a publicly-traded medical office REIT. […]
Transactions: Salt Lake City MOB portfolio sells for $12.6 million
Newmark Grubb Knight Frank (NGKF) Global Healthcare Services announced Jan. 18, 2017, that it handled the recent $12.6 million sale of the two-building, 47,468 square foot Mountain Medical Portfolio in the Salt Lake City area. The deal closed Dec. 23, 2016. The specific properties and the buyer and seller were not disclosed. But Healthcare Real Estate […]