News Release: CBRE U.S. Healthcare Capital Markets 2016 Transactions
2016 SELECT DEALS IN SUMMARY CHI Medical Office Portfolio (51) Arkansas, Colorado, Kentucky, North Dakota, Nebraska, Pennsylvania, Tennessee, Texas, Washington Size: 3,124,642 SF Sale Date: September 2016 CHI Texas Medical Center Portfolio (2) Houston, TX Size: 673,395 SF Sale Date: September 2016 Ventas – HCA MOB Portfolio (5) Snellville, Augusta […]
News Release: JUST CLOSED: Class A Medical Office Portfolio
Norwich, CT – Lisa Menin of Jacobson Properties, New York, and John LaBella of RE/MAX Right Choice, Trumbull, Connecticut are pleased to announce the sale of Wawecus Medical Center and 105 Wawecus Street in Norwich, Connecticut. The Class A medical office portfolio, which totals 56,265 square feet, was purchased by Griffin-American Healthcare REIT III, Inc., […]
News Release: Tremont Realty Capital Structures $16,250,000 Financing for Jacksonville Medical Office Building
January 12, 2017 04:01 PM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–The Hartford office of Tremont Realty Capital, a division of The RMR Group LLC, today announced that it has structured refinancing capital for Jacksonville Medical Plaza, a 132,488 square foot multi-tenant Medical Office Complex in Jacksonville, FL. The non-recourse, CMBS financing represented approximately 75% of […]
News Release: Seavest Healthcare Properties completes sale of Alabama medical office building
FOR IMMEDIATE RELEASE Media Contact: Erin A. Molloy, Seavest Healthcare Properties, emolloy@seavestinc.com, (914) 683-8474 The real estate investment firm closed on the disposition of the 52,118 square foot on-campus Cullman Professional Office Building III WHITE PLAINS, N.Y., and CULLMAN, Ala., Jan. 11, 2017 – Seavest Healthcare Properties recently closed on the sale of Cullman Professional […]
News Release: Inland Real Estate Acquisitions, Inc. Purchases Medical Office Building in Tuscaloosa, Alabama
Oak Brook, Ill. (January 10, 2017) – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of The Radiology Clinic, a 39,500-square-foot medical office building located in Tuscaloosa, Alabama. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, Inc., facilitated the transaction on behalf of an Inland affiliate. Originally constructed in […]
News Release: Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Complete Merger
Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Complete Largest RE Merger of 2016, to Create Colony NorthStar, Inc Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance have Completed the Previously Announced Largest Real Estate Merger of 2016 to Create Colony NorthStar, Inc. A Global, Diversified Real Estate and Investment Management […]
News Release: Woodside Health Adds Another Florida Medical Building
January 5th, 2017 Woodside Health has acquired the Boynton Beach Medical Plaza, a two-story medical office building in Boynton Beach, Florida. Built in 2007, the 50,000 square foot southeast Florida property is home to fifteen tenants, all of which are health related. There are two vacant suites. “We’re really excited to close on this property,” […]
News Release: Just Closed Carrollton Medical Office Building
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Carrollton Medical Office Building in Carrollton, Texas. Sale Date: December 16, 2016 Building Size: 38,648 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Carrollton Medical Office Building (the “Property”) in Carrollton, Texas. Lee Asher and […]
News Release: $12.25M Veteran’s Affairs Medical Office Property Sold
$12.25 Million Veteran’s Affairs Medical Office Property Sold by Marcus & Millichap BALTIMORE, Dec. 29, 2016 – 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 Baltimore VA Annex, a 74,000-square-foot medical office fully leased to the Department […]
Transactions: HCP Inc. acquires 10 MOBs from CHS
REIT pays $163 million in sale-leaseback deal as provider seeks to reduce debt By Murray W. Wolf On Dec. 22, 2016, just as this edition of Healthcare Real Estate Insights™ was going to press, Community Health Systems Inc. (NYSE: CYH) announced one of the year’s largest medical office building (MOBs) monetizations. The Franklin, Tenn.-based, for-profit […]
Transactions: Value-add MOB nets a nice profit
Transwestern handles sale to HCP as Origin Investments reaps a healthy return By John B. Mugford In what can be considered a classic value-add success story in the healthcare real estate (HRE) acquisitions market, Chicago-based Origin Investments recently sold a medical office building (MOB) in Kingwood, in the northern suburbs of Houston, for a solid […]
Transactions: Mount Sinai plans Florida expansion
New York-based provider to anchor conversion of newly acquired office building By John B. Mugford Sunny West Palm Beach, Fla., with its affluent older population – many of whom are retired snowbirds from the Northeast – is a prime area for providing medical services.
Transactions: Griffin-American REIT IV acquires its 12th building, an MOB near Cincinnati
EVENDALE, Ohio – Irvine, Calif.-based Griffin-American Healthcare REIT IV Inc., recently entered into an agreement to acquire Evendale Medical Office Building, a 66,000 square foot MOB in the northern Cincinnati suburb of Evendale.
Transactions: Hammes Partners lands MOB in Twin Cities suburb for $15.3 million, or $216 per square foot
ROSEVILLE, Minn. – Milwaukee-based Hammes Partners, an affiliate of Hammes Company, has acquired the Twin Lakes Health building at 1835 County Road C W. in Roseville, a Twin Cities suburb, from Minneapolis-based Ryan Cos. Hammes, whose Hammes Partners II LP fund is closed to investors after raising $430 million of capital commitments, paid $15.3 million […]
Transactions: Anchor Health Properties lands Coit MOB in Dallas, home to Baylor Surgicare
DALLAS – Wilmington, Del.-based Anchor Health Properties recently purchased Coit Medical Center, a 32,201 square foot MOB in Dallas.