News Release: Alliance Acquires Net-Leased Medical Office Portfolio in Texas for $6M
FOR IMMEDIATE RELEASE: Sustained population growth driving demand for healthcare properties throughout state CHICAGO (May 18, 2021) — Alliance Consolidated Group of Companies (Alliance) today announced it has acquired two net-leased medical properties in College Station and Brenham, Texas. Alliance purchased the 16,097-square-foot portfolio from a private seller for $6,075,000. The first asset is located […]
News Release: Jacobson Properties Arranges Sale Of East Bay Ambulatory Care Building
May 12, 2021 (Swansea, MA) Lisa Menin of Jacobson Properties is pleased to announce the sale of the East Bay Ambulatory Care Building, a 23,072 square foot Class A medical building located in Swansea, Massachusetts. East Bay Ambulatory Care was sold by East Bay Surgery Center Real Estate, LLC, to a national healthcare real estate […]
News Release: Investor picks up Maryland life science portfolio
JLL Capital Markets led sales efforts for the portfolio, which is located in the heart of Shady Grove, Maryland’s premier life science cluster WASHINGTON, D.C., May 17, 2021 – JLL Capital Markets announced today that it has closed the sale of the Shady Grove Life Science Portfolio, a 35.5-acre life science campus in Rockville, Maryland. […]
News Release: Woodside Health Announces Sale of Texas Cardiac Associates Medical Plaza in Rowlett, TX (Dallas MSA)
FOR IMMEDIATE RELEASE Woodside Health Announces Sale of Texas Cardiac Associates Medical Plaza in Rowlett, TX (Dallas MSA) Cleveland, OH (May 10th, 2021) – Woodside Health is pleased to announce the sale of Texas Cardiac Associates Medical Plaza, a 15,000 square foot medical office building in Rowlett, TX. Woodside purchased the Dallas-area property in 2016. […]
News Release: Montecito Acquires New Medical Office Building Connected to Methodist Healthcare in San Antonio
FOR IMMEDIATE RELEASE May 13, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a new medical office building in the San Antonio area whose tenants include the market’s dominant health system and two market-leading specialty providers. The property, located in the affluent […]
News Release: Echo Development Acquires Texas Medical Office Building
FOR IMMEDIATE RELEAS Echo Development Group, Inc. Acquires Medical Office Building in Rowlett, Texas Chicago, IL (May 2021) – Echo Development Group, Inc. announces it has acquired a medical office building anchored by the Baylor Scott & White Health. The property is 15,500 square feet and is located at 7801 Lakeview Parkway in Rowlett, Texas – […]
Transactions: Healthpeak makes $371 million, 14-MOB, 833,000 square foot portfolio acquisition
The seller was not disclosed, but industry sources say it was Harrison Street By John B. Mugford In a significant deal that took place in recent weeks, Denver-based Healthpeak Properties Inc. (NYSE: PEAK) on April 30 acquired a 14-property, 833,000 square foot medical office building (MOB) portfolio for $371 million. News of the purchase surfaced […]
Feature Story: MOB sales slowed in Q1, but it’s still early for 2021
Revista principals share data on sales, construction, leasing and more By John B. Mugford After the medical office building (MOB) sales volume rallied in late 2020 to finish off what could be considered a surprisingly strong 2020 – considering that COVID-19 pandemic started early in the year – 2021 is not necessarily off to a […]
News Release: Newmark Completes $55.2 Million Sale of Andover Medical Center in Andover, MA
FOR IMMEDIATE RELEASE Boston, MA (May 10, 2021) — Newmark announces the $55.2 million sale of Andover Medical Center, a trophy medical office complex located in the Boston suburb of Andover, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley, Director Blake McLaughlin and Associate […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Anderson Ferry Plaza (Cincinnati)
For Immediate Release $4.2M Sale of Well-Located MOB in Cincinnati Suburbs CHICAGO, May 7, 2021 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $4.2 million sale of Anderson Ferry Plaza, a 43,599-square-foot medical office building (MOB) in Cincinnati, Ohio. Cushman & Wakefield Managing Directors Gino Lollio, Scott […]
News Release: CIT Serves as Sole Lead Arranger of $17.4 Million Financing for Medical Office Buildings in Bakersfield, California
NEW YORK — May 6, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $17.4 million loan to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, California. The medical office building portfolio includes more than 65,000 square feet, […]
News Release: Cushman & Wakefield Sources Equity Placement from Turner Impact Capital for New Freedom’s Behavioral Health Campus in Phoenix
For Immediate Release Leading Social Impact Investment Firm Commits $17.6M to Groundbreaking Repositioning CHICAGO, May 4, 2021 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has sourced an equity placement from social impact investment firm Turner Impact Capital for a joint venture of Waltz Construction and New Freedom. Turner Impact […]
News Release: Flagship Healthcare Trust Expands Raleigh Portfolio
REIT Acquires North Hills Property, Home to Prominent Medical Clinic CHARLOTTE, N.C. (May 3, 2021) – Flagship Healthcare Trust (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has acquired North Hills Medical Office Building (MOB) in Raleigh, the REIT’s 8th property in the Raleigh-Durham area. Located at 3900 Browning Place, the 20,877 square […]
News Release: Top-rated Bay Area life science cluster attracts new development
JLL’s Capital Markets team places $400+ million construction loan for Genesis Marina SAN DIEGO – May 3, 2021 – JLL Capital Markets announced today that it has secured a $400+ million construction loan for Genesis Marina, a to-be-built, waterfront Class A+ life science campus totaling approximately 570,000 square feet in Brisbane, Calif. Working on behalf […]
News Release: HCA Healthcare to Sell Four of Its Hospitals in Georgia to Piedmont Healthcare
May 03, 2021 09:20 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE:HCA), one of the nation’s leading healthcare providers, today announced the signing of a definitive agreement to sell four of its hospitals in Georgia for approximately $950,000,000. HCA Healthcare has agreed to sell the following hospitals in north Georgia and Macon to […]