News Release: JUST SOLD – Value-Add Medical Office Project Transacted for $468 PSF in Burbank, CA
JUST SOLD 2701 West Alameda Avenue | Burbank, CA CBRE’s Investment Properties–California/Arizona/Nevada team is pleased to announce the sale of 2701 W. Alameda Avenue in Burbank, California, for $23.9 million ($468 PSF). The 50,986-square-foot medical office project was available for sale for the first time since it was built more than 50 years ago. At […]
News Release: CBRE Announces the Sale of 50,986 Square-Foot Medical Office in Burbank to GPI Companies for $23.9 Million
Press Release FOR IMMEDIATE RELEASE CBRE Announces the Sale of 50,986 Square-Foot Medical Office in Burbank to GPI Companies for $23.9 Million Transaction received strong interest and multiple offers Los Angeles – Oct. 1, 2021 – CBRE announced the sale of a 50,986 square-foot on-campus medical office property in Burbank, Calif. for $23.9 million, or […]
News Release: The Easton Group Advises on Sale of Ft. Worth, Texas Medical Office Building
FOR IMMEDIATE RELEASE Transaction closed September 30 for newly constructed building with single tenant Ft. Worth, Texas (Sept. 30, 2021) The Easton Group, a leading commercial real estate firm in Miami, arranged the sale of a 20, 200-square-foot medical office building in Ft. Worth, Texas to Dallas-based Ridgeline Capital Partners. The transaction closed September 30. […]
News Release: Physicians Realty Trust Announces Agreement to Purchase Medical Office Portfolio for $764 Million
October 01, 2021 05:56 PM Eastern Daylight Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE:DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate company, announced today that the Company, through its operating partnership, Physicians Realty L.P., a Delaware limited partnership (the “Operating Partnership”), has executed a Master Transaction Agreement for the acquisition […]
News Release: Montecito Medical Acquires Surgery Center Building in Arlington, TX
FOR IMMEDIATE RELEASE September 30, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Arlington, Texas, that is home to a surgery center operated by the dominant urology group in the area. The property, which offers more than […]
News Release: Flagship REIT acquires ASC in Wilmington, NC
Flagship Healthcare Trust Acquires Surgery Center In Wilmington, NC Wilmington SurgCare is ideally located near New Hanover Regional Medical Center CHARLOTTE, N.C. (September 29, 2021) — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has acquired a Class A ambulatory surgery center (ASC) in Wilmington, North Carolina. Located at 1801 South […]
News Release: CA Health and Science Trust Portfolio Expansion Continues Through Acquisition of Northwest Indiana Medical Office Complex
Transaction marks early, continued momentum with a third investment following the company’s launch and the closing of a $245 million equity commitment less than a month ago CHICAGO (September 27, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on the acquisition […]
News Release: Rendina Healthcare Real Estate Forms Strategic Joint Venture with Artemis Real Estate Partners to Grow $1 Billion MOB Portfolio; Newmark Advises on Portfolio Recapitalization & Joint Venture
FOR IMMEDIATE RELEASE Artemis Recapitalizes 6 Properties with Rendina to Seed New JV for Development and Acquisition of MOBs Nationwide Philadelphia, PA (September 29, 2021) — Newmark announces that it has arranged a strategic joint venture seeded by a national MOB portfolio recapitalization. Rendina Healthcare Real Estate “Rendina” is a leading, national medical office development […]
News Release: Woodside Health Announces Sale of Fleming Island Medical Plaza – Jacksonville, FL
CLEVELAND, OH (September 23, 2021) – Woodside Health is pleased to announce that it sold Fleming Island Medical Plaza, located at 1675 -1679 and 1681-1689 Eagle Harbor Parkway in Fleming Island, Florida, part of the Jacksonville MSA. The buildings comprise 46,500 square feet and feature a synergistic mix of 14 medical tenants. Existing practices include […]
News Release: Just Sold – UCHealth Medical Office Portfolio
CBRE CAPITAL MARKETS | HEALTHCARE & LIFE SCIENCES JUST CLOSED UCHealth MEDICAL OFFICE PORTFOLIO COLORADO SPRINGS, COLORADO 2 PROPERTIES 285,463 SQUARE FEET 72% LEASED CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the UCHealth Medical Office Portfolio, a 285,463 square foot portfolio located in Colorado Springs, Colorado. Chris Bodnar, Lee Asher, […]
News Release: $12,700,000 Medical Office Building Sale (St. Louis)
Fairfield Advisors announces sale of South County Medical Office Building in St. Louis – $12,700,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the the South County Medical Office Building in St. Louis, MO. The 74,000 square foot building was built […]
News Release: MedProperties Realty Advisors acquires 67,060-square-foot multi-tenant MOB in Glendale, Calif.
The extensively renovated medical office building is located in the growing, thriving Los Angeles market on the campus of CommonSpirit-affiliated Glendale Memorial Hospital GLENDALE, Calif. and DALLAS, Sept. 22, 2021 – MedProperties Fund III has acquired the 67,060-square-foot, Class A Glendale Medical Office Building (MOB) II in Glendale. MedProperties Realty Advisors LLC, a Dallas-based healthcare […]
News Release: Recent Sale | 481 Plumas Boulevard, Yuba City, CA
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | September 16, 2021 481 Plumas Boulevard, Yuba City, CA 25,000 SF Leased Medical Office Building Colliers brokered the sale of a 25,000 SF medical office building on the Sutter Surgical Hospital North Valley Campus located at 481 Plumas Boulevard in Yuba City, California. The Swettenham […]
News Release: Boston life sciences growth driving demand for more space
JLL Capital Markets completed the $74.6M sale of a building in Boston’s Seaport for a life sciences conversion BOSTON, Sept. 21, 2021 – JLL Capital Markets announced that it has closed the $74.6 million sale of a 102,727-square-foot office building to be converted into a life sciences property at 51 Melcher St. in Boston’s popular […]
News Release: Medical Properties Trust and HCA Healthcare Agree to 15-Year Master Lease for Hospitals Representing $1.2 Billion of MPT Assets
HCA Healthcare to Become One of MPT’s Top-Five Tenants New Master Lease Follows HCA Healthcare’s Agreement to Purchase the Operations of Five Utah Facilities from Steward Health Care System September 20, 2021 08:25 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered […]