News Release: Elliott Bay Acquires 4 Properties totaling 53,000 SF Across Three States
SEATTLE and NEW YORK, January 26, 2022 — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and New York-based Prospect Ridge has announced the acquisition of four medical properties in three separate transactions and leased to leading healthcare providers across three states. The four newly developed and 100% occupied properties located in Chubbuck, […]
News Release: Seavest and Nuveen partner in $1 Billion medical office transaction
Seavest Healthcare Properties and Nuveen Real Estate concluded the transaction in December 2021, which included a recapitalization of a portion of Seavest’s medical office portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., Jan. 26, 2022 – Seavest Healthcare Properties, LLC, the New York City and White Plains based healthcare real estate investment management firm, a division […]
News Release: MedProperties Realty Advisors acquires three-building, 118,003 s.f. health campus in Iowa
FOR IMMEDIATE RELEASE The strategically located Mississippi Valley Health Campus, situated on 12.54 acres in Davenport, is 92 percent leased to a diverse mix of 15 tenants with a weighted average lease term of more than 10 years DAVENPORT, Iowa, and DALLAS, Jan. 26, 2022 – MedProperties Realty Advisors LLC today announced the acquisition of […]
News Release: BXP Sees Strong Leasing Momentum in the 4th Quarter 2021
Executes 1.8 Million Square Feet of Leases with a Weighted-Average Lease Term of 8.6 Years January 25, 2022 05:52 PM Eastern Standard Time BOSTON–(BUSINESS WIRE)–Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced that it executed approximately 1.8 million square feet […]
News Release: Institutional Property Advisors Closes Orthopedic-Anchored Medical Office Sale in Oklahoma City
FOR IMMEDIATE RELEASE OKLAHOMA CITY, OK, Jan. 25, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of the Southwest Orthopedic and Reconstructive Specialists building, a multi-tenant medical office building, totaling 35,347 square-feet in Oklahoma City, Oklahoma. “Conveniently located, this asset is just a 10-minute drive […]
News Release: $22.3M refinancing secured for behavioral hospital on Long Island
JLL Capital Markets led financing efforts for the 146-bed medical facility NEW YORK, Jan. 25, 2021 – JLL Capital Markets announced today that it has arranged a $22.3 million refinancing for 81 Louden Ave., a 124,000-square-foot, 146-bed behavioral hospital facility in Amityville, New York. JLL worked on behalf of the borrower, 81 Louden Real Estate […]
News Release: Cushman & Wakefield Represents Cantor Fund in $8.9M Sale of North Meridian Professional Center in Indianapolis
For Immediate Release Healthcare Capital Markets Team Sells MOB Complex on Behalf of Cantor Partners Indianapolis, January 25, 2022 – Cushman & Wakefield announced today that the firm represented Tampa, FL-based Cantor Partners in its $8.9 million sale of North Meridian Professional Center in Indianapolis. Gino Lollio and Travis Ives, Managing Directors in Cushman & […]
News Release: IRA Capital Acquires Medical Buildings at Doctors Hospital of Augusta
January 24, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings within the 350-bed Doctors Hospital healthcare campus in Augusta, Georgia. The three-story buildings totaling approximately 85,000 square feet are 100% leased to two tenants, Doctors Hospital of Augusta (“DHA”), and The Joseph M. […]
News Release: Institutional Property Advisors Completes Medical Office Building Sale in Northern California
FOR IMMEDIATE RELEASE REDDING, Calif., Jan.24, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Shasta Orthopedics Medical Office Building, a 41,191 square-foot building in Redding, California. “It was a pleasure to represent and work alongside our seller on this transaction. Shasta Orthopedics has […]
News Release: Institutional Property Advisors Close Suburban Nashville Class-A Office Building
FOR IMMEDIATE RELEASE MURFREESBORO, Tenn., Jan.24, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Stonegate Corporate Center, an 85,569 square-foot Class-A suburban office building in Murfreesboro, Tennessee. “The subject property, built in 2005, is 94% occupied and anchored by The Department of Veteran […]
News Release: HREA | Healthcare Real Estate Advisors Announces $312 Million in 2021 Completed Transactions
HREA 2021 Year in Review Thank You for a Successful 2021! 27 Assets Sold Healthcare Properties $312 Million Total Value $3.5+ Billion Historical Sales Volume Our team would like to express our sincere appreciation to our clients for helping make 2021 a successful year. We greatly value our relationship and wish you a healthy and […]
News Release: Montecito Medical Acquires Perimeter Center Commons
FOR IMMEDIATE RELEASE January 21, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area. The two-story, 47,322 square-foot building is 100% […]
News Release: SOLD | 313 Speen Street MOB & Surgery Center | Greater Boston
CAPITAL MARKETS NEWMARK 24.875 Million CLOSING ANNOUNCEMENT 313 Speen Street Natick, Massachusetts DECEMBER 2021 Newmark Capital Markets is pleased to have represented Shields Health Care Group in the sale of 313 Speen Street, a Class A medical office building and ambulatory Surgery center located in Natick, Massachusetts, to Principal Real Estate Investors. FOR MORE INFORMATION Robert E. […]
News Release: Meridian Completes Medical Office Conversion of 114,200 SF Building in Orange County, Calif.
FOR IMMEDIATE RELEASE: Lease-up has been strong; now over 50,000 SF remains available for lease NEWPORT BEACH, CALIF. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed the conversion of a 114,200-square-foot, four-story Class-A office building into a 100% Class-A medical office […]
News Release: Davis investment fund grows with three-asset, $45 million acquisition in Minnesota
News Release Davis Medical Investors LLC adds three Woodbury MOBs, bringing the total size of the fund to 12 assets, 525,175 square feet and a fund value of nearly $200 million WOODBURY and MINNEAPOLIS, Minn., Jan. 19, 2022 – Minneapolis-based Davis announces the continuing growth of its Davis Medical Investors LLC fund with the recent […]