News Release: Anchor Health Properties Acquires 81,236 Square Foot Class A Commercial Office Building Primed for Medical Office Conversion (San Diego)
FOR IMMEDIATE RELEASE April 15, 2021 (San Diego, CA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently acquired an 81,236 square foot Class A commercial office building in the Mission Valley submarket of downtown San Diego, California. The asset, strategically located […]
News Release: Just Closed – Medical Office Sale-Leaseback (North Las Vegas, Nev.)
JUST CLOSED BY INVESTMENT SERVICES GROUP 3930 W. Ann Road | North Las Vegas, NV 89131 Represented Buyer in 1031 Exchange Triple Net Sale-Leaseback Regional Women’s Healthcare Provider Buyer Represented By: Cathy Jones, CPA, SIOR, CCIM CEO 702-968-7320 CathyJ@suncommercialre.com NV Lic # B.0056010.CORP Paul Miachika Executive Vice President 602-814-0661 PaulM@suncommercialre.com NV Lic # S.0184612 Alexandria […]
News Release: Thomas Park Investments Enters Philadelphia Market with Havertown Acquisition
Maryland-based healthcare real estate firm purchases Towne West Professional Center April 14, 2021 12:30 PM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments (TPI) acquired its first Philadelphia-area medical office building with the purchase of Towne West Professional Center at 1120 Township Line Road in Havertown, Penn. “Well-established medical buildings like Towne West Professional Center […]
News Release: On-campus Laguna Hills (Calif.) MOB trades for $31.335M
JLL Capital Markets led sales efforts for The Laguna, located in the supply-constrained Laguna Hills market SAN DIEGO – Apr. 14, 2021 – JLL Capital Markets announced today that it has closed the $31.335 million sale of The Laguna, a 57,573-square-foot, medical office building in Laguna Hills, California. JLL represented the seller, Meridian, in arranging […]
News Release: CIT Serves as Sole Lead Arranger on $15.9 Million Financing for Medical Office Buildings (Littleton, Colo.)
NEW YORK — April 14, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $15.9 million financing for two medical office buildings in Littleton, Colorado. The buildings, known as Arapahoe Medical Plaza I and II, are located on the campus of Littleton Adventist […]
Transactions: Anchor Health Properties has a big week of acquisitions
HRE investor, developer acquired four properties in early April totaling 237,379 square feet By John B. Mugford For any medical office building (MOB) investor, there are bound to lulls in acquisition activity. Such lulls, if you will, can be attributed to any number of factors, including not finding properties to an investor’s liking or its […]
News Release: Recently Sold – On-Campus Class “A” Medical Office Building Portfolio | Bakersfield, CA
RECENTLY SOLD MEDICAL OFFICE PORTFOLIO 3 CLASS “A” MOBs SIZE: 65,140 RSF LOCATION: ON-CAMPUS healthcareREA.com ANNOUNCEMENT HREA | Healthcare Real Estate Advisors is pleased to announce the sale of a Class “A” Medical Office Building portfolio located in Bakersfield, CA. Consisting of approximately 65,140 SF, the portfolio includes three (3) multi-tenant medical office buildings that […]
News Release: Just Sold – Gresham Station Medical Plaza
APRIL 12, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD GRESHAM STATION MEDICAL PLAZA GRESHAM, OR TRANSACTION HIGHLIGHTS DATE SOLD: 4/9/2021 SIZE: ±100,419 SF OCCUPANCY: 79% Gresham Station Medical Plaza CBRE U.S. Healthcare & Life Sciences Capital Markets is pleased to announce the sale of Gresham Station Medical Plaza (the “Property”), a four-building medical […]
News Release: Anchor Health Properties Continues Targeted Investment in Philadelphia MSA with 85,242 Square Foot Portfolio Acquisition
FOR IMMEDIATE RELEASE April 12, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently invested in a two-building, 85,242 square foot portfolio located in the Bala Cynwyd suburb of Philadelphia, Pennsylvania. The properties were acquired through a joint […]
News Release: Just Sold – Life Science Building in Sorrento Mesa, San Diego for $20.25 Million
JUST SOLD 5785 Oberlin Drive CBRE’s Investment Properties–California/Arizona/Nevada team is pleased to announce the sale of 5785 Oberlin Drive in San Diego, California, for $20.25 million ($322 PSF). The 62,823-square-foot, three-story property was redeveloped into a life science use in 2020. It features balconies, barbecue area, showers, lockers and 200 parking stalls. The property is […]
News Releases: Meridian Sells 57,000 SF Medical Office Building in Orange County, California
Meridian Sells 57,000 SF Medical Office Building in Orange County, California NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, announced that it has completed the sale of The Laguna, a 57,573-square-foot medical office building located at 24022 Calle de la Plata, on the Memorial Care Saddleback […]
News Release: BGL Announces the Sale of the Real Estate Portfolio of Precision Spine Care
Brown Gibbons Lang & Company Deal Announcement Precision Spine Care 39,814 RSF MOB & ASC Acquired by Montecito Medical Real Estate Chicago, IL – April 6, 2021 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of the real estate portfolio of Precision Spine Care, totaling approximately 39,814 rentable square feet across two […]
News Release: CIT Serves as Sole Lead Arranger on $18.5 Million Financing for Alabama Cancer Center
NEW YORK — April 6, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama. The borrower, Cypress West Partners is an experienced and successful owner and manager […]
Transactions: ‘Trophy’ Boston MOB sells for $916 PSF
German investor acquires 147 Milk Street for $47.95 million in an ‘ultra-core’ deal By John B. Mugford For the third time in as many weeks, HREI™ is reporting a significant, single-asset sale in the medical office building (MOB) market, as a 52,337 square foot property in Boston traded for $47.95 million, or $916 per square […]
News Release: Just Closed – 14,065 SF Owner-User Medical Office (Las Vegas)
JUST CLOSED BY INVESTMENT SERVICES GROUP Purchased by Owner-User High Visibility Location ISG’s Sixth Closing in March Seller Represented By: Cathy Jones, CPA, SIOR, CCIM CEO 702-968-7320 CathyJ@suncommercialre.com NV Lic # B.0056010.CORP Paul Miachika Executive Vice President 602-814-0661 PaulM@suncommercialre.com NV Lic # S.0184612 Alexandria Malone Associate 702-968-7317 AlexM@suncommercialre.com NV Lic # S.0190399 Karim Chatoor Associate […]