News Release: Life sciences demand propels NYC redevelopment project forward
News release JLL Capital Markets secured $393M in financing to redevelop 125 West End Ave. in Manhattan’s West Side cluster March 17, 2021 NEW YORK – March 17, 2021 – JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class […]
News Release: Atkins Companies Negotiates Lease to Bring Philadelphia Area Retinal Care Practice to Washington Square Town Center
For Immediate Release Lease brings number of regional specialty healthcare networks who currently have a presence at Gloucester County mixed-use community to seven Washington Township, N.J. (March 16, 2021) – Atkins Companies, a multigenerational commercial real estate development, investment, and property management firm, and its joint venture partner Woodmont Properties, announce that Mid Atlantic Retina […]
News Release: Montecito Medical Acquires Real Estate of HALO Breast Care Center in Chico, CA
FOR IMMEDIATE RELEASE March 15, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired the real estate of a comprehensive, state-of-the-art medical building in Chico, California, that houses the HALO Breast Care Center. The two-story, 14,000 square-foot facility was constructed in 2000 and is 100% leased […]
News Release: Supurva Healthcare Group, Inc. Acquires First Medical Office Building
Liverpool, New York (March 15, 2021) – Supurva Healthcare Group, Inc. (OTC Pink: SPRV) is proud to announce that the Company has acquired its first medical office building in Jupiter, Florida. John D. Murphy, the Company’s CEO commented, “with the Company’s acquisition of a free-standing medical office building, the Company is well positioned to becoming […]
News Release: Just Sold – Sugar Creek Health Center
MARCH 12, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD SUGAR CREEK HEALTH CENTER Sugar Land, TX TRANSACTION HIGHLIGHTS DATE SOLD: 03/11/2021 SIZE: 90,014 SF OCCUPANCY: 93% Sugar Creek Health Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Sugar Creek Health Center (the “Property”). Chris […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
March 12, 2021 03:00 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life […]
News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund
12 March 2021 New York, March 12, 2021 – Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life Sciences […]
News Release: Dialysis Center Sells For $2.1 Million In Jacksonville (Fla.)
JACKSONVILLE, FL, March 11, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of DaVita, a net-leased property located in Jacksonville, FL, according to David G. Bradley, regional manager of the firm’s Tampa office. The asset sold […]
News Release: Pinnacle Announces Sale of 59,326 RSF Medical Office Park in Broomfield, Colo.
March 10, 2021 Medical Office Park Sale in Broomfield Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 59,326 rentable square foot medical office park for $16,850,000 ($284/RSF) located at 3301-3305 West 144th Avenue in Broomfield, Colorado. Corey Sandberg, Advisor, represented the seller, BPC Holdings, LLC in the transaction. “During this […]
News Release: Net leased Oak Street health property sale arranged
Date March 10, 2021 The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant net leased Oak Street Health property located at 1401 Western Avenue in Chicago Heights, Illinois for $4,835,629. The 13,943 square foot net leased Oak Street Health medical building is located at the hard corner of […]
Transactions: The final tally: $11.04 billion in MOB sales
Revista confirms that total volume topped $11 billion for the fifth straight year in 2020 By John B. Mugford In late January, Arnold, Md.-based Revista, a research firm focused on providing a wide variety of healthcare real estate (HRE) data to its subscribers, reported that medical office building (MOB) sales had “preliminarily” totaled $10.2 billion […]
News Release: Montecito Acquires Two Urology Medical Office Properties in Northwest Louisiana
FOR IMMEDIATE RELEASE March 5, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two adjoining medical office buildings in Shreveport, Louisiana, that are home to the area’s leading urology group. The two buildings, which together encompass more than 61,000 square […]
News Release: The Georgetown Company Announces Development of 200,000 Square Foot Life Science Hub at 787 11th Avenue (New York)
Icahn School of Medicine at Mount Sinai Signs Long-Term Lease for 165,000 Square Feet Internationally Renowned Designer, Scientist & Inventor Neri Oxman to Launch a 36,000 Square Foot Research & Design Lab at the Property March 04, 2021 01:00 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–The Georgetown Company, a leading developer and owner of commercial, […]
News Releases: Everest Rehabilitation Hospitals Sells Two Of Its Hospitals
DALLAS AND KELLER, TEXAS AND OKLAHOMA CITY (PRWEB) MARCH 03, 2021 Everest Rehabilitation Hospitals, LLC is pleased to announce the sale of two of their operating rehabilitation hospitals (Oklahoma City, OK and Keller, TX). The hospital sales were made to Kindred / Texas Health Resources in Keller, TX and Kindred / Mercy Hospitals in Oklahoma […]
News Release: Fairfield Advisors announces sale of Cloverleaf Medical Office Building in Meriden, CT.
– $3,000,000 Transaction – (Denver, CO. and Hartford, CT.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Cloverleaf Medical Office Building in Meriden, Connecticut. The building totals 19,500 square feet and is located at 1064 East Main Street in Meriden which is in the […]