Transactions: DocREIT lands doctor-built MOBs
Physicians Realty Trust pays $141 million for four MOBs in Greater Phoenix By John B. Mugford At its outset in 2006, Phoenix-based Integrated Medical Services (IMS) came together as a handful of physicians with a goal of gaining more efficiencies and providing “high-quality, innovative healthcare.” These days, IMS is more than 145 providers strong, a […]
Transactions: Healthcare Realty Trust acquires two floors of Seattle MOB for $28M
SEATTLE – Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) recently acquired the top two floors of the Swedish Orthopedic Institute, an 11-story facility on the campus of Seattle-based Swedish’s First Hill campus.
Transactions: Hammes Partners II buys orthopedic group facility in Mobile, Ala. for $23.3 million
MOBILE, Ala. – In a sale-leaseback transaction, Milwaukee-based Hammes Co. and its Hammes Partners II fund recently acquired a single-tenant, fully occupied medical building in Mobile.
Transactions: Two-story, 57,000 square foot MOB in Vestal, N.Y., trades for $22 million, or $386 PSF
VESTAL, N.Y. – A limited liability company (LLC) recently paid $22 million for the Vestal Medical building in Vestal, a city of about 30,000 people along the Susquehanna River in the Southern Tier region of New York.
Transactions: ProMed sells its last property
The Carlyle Group pays $48 million for a three-story medical condo in New York By John B. Mugford The last medical office property remaining in the portfolio of New York-based ProMed Properties, which once owned 16 healthcare buildings with about 1.48 million square feet of space, recently changed hands.
Transactions: More Healthcare Real Estate Transactions
The Sanders Trust (TST) recently acquired Tower Pointe Medical Center, a 42,000 square foot MOB in Greenwood, S.C., for $8.4 million, or $200 PSF. Tower Pointe, 105 Vine Crest Court, is a freestanding, multi-tenant outpatient facility that provides family practice, neurology, pediatrics, occupational medicine and diagnostic imaging, among others. The MOB is 100 percent leased, […]
Transactions: Stage Equity Partners buys single-story, 37,000 square foot MOB outside of Dallas
CARROLLTON, Texas – Chicago-based HRE investment company Stage Equity Partners LLC recently acquired a 37,000 square foot multi-tenant MOB in Carrollton, a north Dallas suburb.
Transactions: ARC Healthcare Trust III buys MOBs in Minnesota, Illinois and Georgia
WOODBURY, Minn. – New York-based ARC Healthcare Trust III Inc. recently went shopping in the suburbs of St. Paul, Minn., and landed a 36,375 square foot MOB for $14.9 million, or $410 PSF.
Companies & People: H2C advises Ciminelli on portfolio
Firm teams with MBRE in acquiring MOBs and cancer centers in Greater Buffalo By John B. Mugford Buffalo, N.Y.-based Ciminelli Real Estate Corp. recently acted upon an opportunity to acquire four medical office buildings (MOBs) with cancer centers throughout its hometown’s metropolitan area. The company, well-known in the pages of Healthcare Real Estate Insights™ for […]
Transactions: Ventas pays $97 million for Indy pair Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB
Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB By John B. Mugford Amid the flurry of medical office building (MOB) sales activity in 2015, one rather large and significant transaction took place in recent months that kind of slipped under the radar. The offering obviously had enough upside to attract the attention […]
Transactions: HTA adds to its Boston bio portfolio
REIT acquires 161,000 s.f. research facility on Boston Medical Center campus By John B. Mugford A lot of good things are happening in Boston’s historic South End, a once downtrodden area that one well-known healthcare real estate professional says is now “exploding” with trendy new shops, restaurants and high-end residences. Helping provide momentum for the […]
Transactions: Carter Validus takes five (MOBs)
Unlisted REIT acquires portfolio of assets in four states for more than $79 million By John B. Mugford With the medical office building (MOB) sales market showing no signs of slowing down in the near future, Carter Validus Mission Critical REIT (CVMC REIT) jumped on the chance to acquire a fully leased, five-building portfolio in […]
Transactions: Carter Validus closes on Kansas rehab hospital and Florida urgent care center
TAMPA, Fla. – Following up on more previously announced deals involving Tampa-based Carter Validus, the private, non-traded REIT announced April 23 that it had closed on the acquisitions of a rehabilitation hospital in Kansas and an urgent care center in Florida.
Transactions: Carter Validus completes 21st Century Oncology Portfolio deal for $117 million
TAMPA, Fla. – Carter Validus Mission Critical (CVMC) REIT Inc. reported May 20 that it has completed the previously announced acquisition of the five-state, 20-property 21st Century (21C) Radiation Oncology real estate portfolio for about $117 million.
Transactions: More Healthcare Real Estate Transactions
Two medical facilities in Raleigh, N.C.’s Brier Creek area recently changed hands, according to the local Triangle Business Journal. Alm Street Medical Office, a two-story, 30,924 square foot facility at 10211 Alm St. was sold for $12.5 million, or $404 PSF, according to the business publication. It was sold to an entity affiliated with Roebling […]