Industry Pulse: On the Record – Mark Frey
What’s the strategy behind your two new MOBs in suburban Chicago?
Publisher’s Letter: Think small
There’s always room for a good idea – even a small one Dear Reader: As we read about multi-billion dollar mega deals like this month’s Cover Story, “4 ways the HTA-Duke Realty deal changes the industry,” starting on Page 23, it’s easy to get the impression that only huge public companies can compete in the […]
Industry Pulse: Fundamentals Reflect MOB Sector Vitality
Cushman & Wakefield’s latest “Vital Signs” report says medical office continues to perform well A new report from Cushman and Wakefield says that, despite uncertainty regarding healthcare regulations, medical office real estate continues to perform well across nearly all U.S. markets – although not quite as well as last year.
May 2017
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives
May 2017 PDF
To prevent unauthorized use of our Federally copyrighted content, Healthcare Real Estate Insights™ uses a three-step process to unlock access to the PDF versions of the Current Editions and Archives:
Transactions: Government REIT enters VA arena
Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]
Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017
OAK BROOK, Ill. – Oak Brook-based Inland Real Estate Group has made four MOB acquisitions with a total of about 119,000 square feet since the start of 2017, according to the company.
Inpatient Projects: Kaiser Permanente opens its first new hospital in San Diego in 40 years
SAN DIEGO – Oakland, Calif.-based Kaiser Permanente recently opened its newest hospital, the $850 million, 617,215 square foot San Diego Medical Center in the Kearny Mesa area of the city.
Transactions: MOB sales drop a bit in Q1 2017
First quarter’s volume was $1.82 billion, according to Real Capital Analytics By John B. Mugford The incredible run that medical office building (MOB) sales have been on in recent years is due to come to an end, or at least come to a slowdown, at some point, according to conventional wisdom as well as a […]
Hot Property: Rehab facility offers room for growth
Florida asset is leased by a growing provider and has land for future expansion Name: NeuLife Rehabilitation Address: 2725 Robie Ave. City, State: Mount Dora, Fla. Seller: NeuLife Neurological Services LLC Year opened: 2013 Size: 54 suites, 64,224 square feet Lot size: 43 acres Brokerage: Brown Gibbons Lang & Co. Brokers: Christopher Stai, Clinton Parker […]
Transaction: Montecito buys medical facility in Del Webb community in Sun City for $9.3 million
SUN CITY, Ariz. – Nashville, Tenn.-based Montecito Medical Real Estate recently expanded its national portfolio by acquiring a 35,420 square foot MOB in the densely populated, master-planned retirement community of Sun City, Ariz.
Transactions: Stage Equity Partners lands multi-tenant MOB from physician owners for $14.5 million
BLOOMINGTON, Ill. – Chicago-based Stage Equity Partners LLC, which focuses on HRE investments, has acquired The Center for Outpatient Medicine (TCOM), a 45,150 square foot multi-specialty outpatient surgical center in Bloomington, Ill.
Transactions: Carter Validus Mission Critical REIT II buys MOBs in separate deals in Illinois, Texas
TAMPA, Fla. – Tampa-based Carter Validus Mission Critical REIT II (C-V REIT II), which acquires healthcare and data center properties, recently made two medical purchases.
Transactions: Encino, Calif., asset fetches $35.5 million; HFF brokers sale of ‘value-add’ MOB
ENCINO, Calif. – Holliday Fenoglio Fowler LP (HFF) announced April 6 that it was the seller’s exclusive agent for the $35.5 million sale of the nine-story, 128,243 square foot Encino Corporate Plaza on 1.18 acres at 16661 Ventura Blvd. in Encino, outside of Los Angeles.
Transactions: Local New York firm acquires fully occupied MOB on Long Island for $14.7 million
NORTH HILLS, N.Y. – New York-based CHC Management Group recently acquired a 24,690 square foot MOB in North Hills, in Nassau County on Long Island, for $14.7 million, or $593 PSF.
