Transactions: DocREIT lands large pediatric MOB
REIT pays $78.6 million for facility next to Dell Children’s in Austin, Texas By John B. Mugford Even though it closed on the largest monetization of medical office buildings (MOBs) – a sale of real estate assets by a health system or provider – in 2016, Milwaukee-based Physicians Realty Trust (NYSE: DOC) continues to make […]
Transactions: Texas affiliate of New York-based firm lands MOB on Long Island, N.Y., for $14.65 million
NORTH HILLS, N.Y. – Fort Worth, Texas-based CHC Management Group acquired a fully leased, two-story, 24,690 square foot MOB on 1.75-acre site at 3111 New Hyde Park Road in North Hills, N.Y., for $14.65 million.
Transactions: Inland Real Estate makes four buys in three states, boosting MOB portfolio to $200 million
OAK BROOK, Ill. – Oakbrook-based Inland Real Estate Acquisitions Inc. recently acquired four MOBs with a total of 119,000 square feet of space in three states.
Transactions: Welltower buys 27,321 square foot MOB on campus of SSM Health DePaul Hospital near St. Louis
BRIDGETON, Mo. – In more news from HFF, the firm also represented the seller in a transaction involving a 27,321 square foot MOB on the campus of the 476-bed SSM Health DePaul Hospital – St. Louis campus in Bridgeton, Mo.
Outpatient Proejcts: Boulder, Colo., health system buys land in nearby town for 40,000 square foot MOB
ERIE, Colo. – Boulder Community Health (BCH) recently acquired a 6.1-acre site in Erie, a city just east of Boulder that is growing but lacks a major healthcare facility.
Transactions: Carter Validus pays $11.3 million for MOB next to Rush-Copley Medical Center in Aurora, Ill.
AURORA, Ill. – The JLL Healthcare Capital Markets Group the March sale of a 24,722 square foot MOB adjacent to the 210-bed Rush-Copley Medical Center campus in Aurora. The MOB is at 2111 Ogden Ave.
Hot Property: Harrison Street to sell 18 assets
CBRE is marketing ‘mission critical’ portfolio that spans 10 states and 677,150 square feet Name: HSRE Portfolio Total properties: 18 Locations: 10 states Seller: Harrison Street Real Estate Total square feet: 677,150 Avg. lease term: 8.6 years In-place NOI: $15.14 million Brokerage: CBRE Brokers: Chris Bodnar, Lee Asher While Chicago-based Harrison Street Real Estate Capital […]
Transactions: Montecito Medical acquires MOB for $4.5 million to complete portfolio near Wilmington, N.C.
WILMINGTON, N.C. – Nashville, Tenn.-based Montecito Medical closed on the acquisition of the final building of a three-building, 91,853 square foot portfolio of MOBs in and around Wilmington, N.C.
Transactions: Encino, Calif., asset fetches $35.5M as HFF brokers sale of ‘value-add’ med office opportunity
ENCINO, Calif. – Holliday Fenoglio Fowler LP (HFF) announced 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.
Outpatient Projects: Vacant Costco store in Miami International Airport could become home to healthcare facilities
MIAMI – A former Costco store near Miami International Airport could be redeveloped as a health campus with MOB space and senior housing components, says an article in the South Florida Business Journal.
Outpatient Projects: Doc leads project in South Florida
Work starts on the 80,000 square foot Cypress Creek MOB in Fort Lauderdale By John B. Mugford A local pain specialist and anesthesiologist is leading the development of a $30 million, 80,000 square foot medical office building (MOB) with a surgery center in Fort Lauderdale, Fla.
Outpatient Projects: Seton Healthcare Family to build outpatient campus in fast-growing Bastrop, Texas
BASTROP, Texas – Austin, Texas-based Seton Healthcare Family is planning a new outpatient campus in growing Bastrup, about 30 miles southeast of Austin.
Outpatient Projects: Lendlease developing MOB on new St. Luke’s Hospital – Monroe Campus in Monroe County, Pa.
BARTONSVILLE, Pa. – Lendlease, whose U.S. headquarters is in New York, has started construction on a new 37,500 square foot MOB in Bartonsville on the campus of the new St. Luke’s Hospital – Monroe Campus, which Lendlease constructed for Bethlehem, Pa.-based St. Luke’s University Health Network.
Outpatient Projects: Local firm is developing 25,000 square foot MOB for Novant Health near Charlotte, N.C.
DENVER, N.C. – Charlotte, N.C.-based MPV Properties has broken ground for a two-story, 25,000 square foot build-to-suit medical facility in Denver, about 30 miles northwest of Charlotte.
Inpatient Projects: $175 million replacement in east Indianapolis is a step closer to 2018 opening
INDIANAPOLIS – Community Hospital East has a replacement facility now under construction on the current campus in eastern Indianapolis.