Transcations: MOB in high-demand Burbank, Calif., market trades for $572 per square foot
BURBANK, Calif. – The largest off-campus, single-tenant MOB in Burbank, outside of Los Angeles, recently changed hands for $14.3 million, or about $572 PSF.
Transactions: DocREIT buys surgery center from physicians in Traverse City, Mich.
TRAVERSE CITY, Mich. – Milwaukee-based Physicians Realty Trust (NYSE: DOC) recently acquired the Northwest Michigan Surgery Center, a 55,215 square foot ambulatory surgery facility in Traverse City, a town of about 15,000 residents in the far northwest corner of the state.
Transactions: Dallas-based Caddis makes entrée into South Carolina with Hilton Head ASC acquisition
HILTON HEAD, S.C. – Dallas-based Caddis recently paid an undisclosed amount for the 19,728 square foot Outpatient Surgery Center of Hilton Head, a one-story ambulatory surgery center (ASC) at 190 Pembroke Drive.
Transactions: Catalyst CRE acquires five Florida buildings housing area oncology practice for $16.9 million
PENSACOLA, Fla. – Pensacola-based Catalyst CRE, which focuses on healthcare real estate consulting, investment, and development, recently announced that it paid $16.9 million for five facilities in Central Florida that are home to Ocala, Fla.-based Robert Boissoneault Oncology Institute (RBOI).
News Release: Just Closed – Flower Mound Medical Portfolio
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Flower Mound Medical Portfolio in Flower Mound, Texas. The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Flower Mound Medical Portfolio (the “Property”) in Flower Mound, Texas. Lee Asher and Chris Bodnar of the U.S. Healthcare […]
News Release: Community Health Systems Completes Sale and Leaseback of Ten Medical Office Buildings
December 22, 2016 04:15 PM Eastern Standard Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have completed the sale and leaseback of ten (10) medical office buildings for $163 million to HCP, Inc. (NYSE:HCP). The buildings, with a combined total of 756,183 square feet, are located in five […]
News Release: Embree closes on Fresenius locations in Texas and Colorado
EL PASO, TX & FORT COLLINS, CO Just Closed Embree Capital markets Group Inc. is pleased to announe the closing of two newly-built Fresenius locations in El Paso, Texas & Fort Collins, Colorado. New 2016 Construction 15-Year NN Lease 1.7% Annual Escalations Three, 5-Year Options Sold at 98% of Asking Price Buyers Committed 7 Months before […]
News Release: JUST SOLD – Inland Empire Medical Property Trades for $401 PSF
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a 40,041 square foot multi-tenant medical/office project located at 2140 Grand Avenue, Chino Hills, CA. The sale price was $16,056,560 or $401 PSF. Gary Stache, Mark Shaffer, Anthony DeLorenzo, Chris Bodnar, Lee Asher and John Oien of CBRE represented the seller, Stonecreek Company, […]
News Release: Griffin-American Healthcare REIT IV Acquires Evendale Medical Office Building Near Cincinnati
December 19, 2016 13:00 ET | Source: Griffin-American Healthcare REIT IV CINCINNATI, Dec. 19, 2016 (GLOBE NEWSWIRE) — American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Evendale Medical Office Building, an approximately 66,000-square-foot medical office building in the Cincinnati suburb of […]
News Release: Carter Validus acquires Select Medical Rehabilitation Facility for about $63.6 million
Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced its acquisition of the Select Medical Rehabilitation Facility for approximately $63.6 million PROPERTY FEATURES AND HIGHLIGHTS: Three-story rehabilitation building located in Marlton, New Jersey built in 1995 89,000 total rentable square feet 100% net leased to Kessler Institute for Rehabilitation, Inc. (“Kessler”), a subsidiary […]
News Release: Healthcare Real Estate Capital advises Harrison Street on $21 million North Carolina MOB sale
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to Harrison Street Real Estate Capital LLC (“HSRE”) related to the disposition of a 57,580 square foot medical office building known as CMC Mint Hill Medical Plaza (“Asset”), which is located in Mint Hill, North Carolina. The Asset is 100% […]
News Release: Just Closed – Chino Hills Professional Plaza MOB
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Chino Hills Professional Plaza MOB (the “Property”) in Chino Hills, California. Chris Bodnar and Lee Asher of the CBRE U.S. Healthcare Capital Markets Group acted as the Seller’s exclusive advisors. The Property is located in one of the most affluent markets in Southern California. Built […]
News Release: HFF closes sale of best-in-class medical office facility near Dallas’ Medical City Dallas Hospital
SAN DIEGO, CA – December 8, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Coit Medical Center, a 32,201-square-foot medical office building in Dallas, Texas. HFF marketed the property on behalf of the seller, Mohr Capital, LLC, and procured the buyer, Anchor Health Properties. Completed in 2009, […]
News Release: Just Sold – UCLA-MPTF Toluca Lake Health Center
CBRE ANNOUNCES SALE OF ONE OF THE LARGEST SINGLE-TENANT MEDICAL BUILDING IN BURBANK, CA Los Angeles – Dec. 7, 2016 – CBRE Group, Inc. announced the sale of one of the largest off-campus single-tenant medical buildings in Burbank, California to Worchell Hollywood Properties for approximately $14.3 million. CBRE’s Bryan Lewitt, Chris Isola, Chris Bodnar and […]
News Release: Capital One Closes $21.2 Million Loan to Finance Texas Medical Office Building
FOR IMMEDIATE RELEASE Bethesda, Md. (December 6, 2016) – Capital One announced today that it provided a $21.2 million first mortgage to a joint venture formed by Harrison Street Real Estate Partners and Pisula Development Company. The funds were used to purchase Imperial Medical Center, a 128,000-square-foot medical office building in Sugar Land, Texas, a suburb […]