Breaking News

News Release: EQ Office Appoints Merredith Treaster to Oversee Northern California Region

News Release: EQ Office Appoints Merredith Treaster to Oversee Northern California Region

PRESS RELEASE Aug 25th, 2023 EQ News San Francisco-based Merredith Treaster to lead all facets of regional coverage for EQ Office EQ Office, Blackstone’s US office portfolio company, today announced it has hired Merredith Treaster as its Senior Vice President, Northern California to be based in San Francisco. In this role, Ms. Treaster will be […]

News Release: Anchor Health Properties Marks Completion of  53,000 Square Foot Collaborative Health Center in Hudson, Ohio

News Release: Anchor Health Properties Marks Completion of 53,000 Square Foot Collaborative Health Center in Hudson, Ohio

HUDSON, Ohio, Aug. 25, 2023 — Built to serve the community of Cuyahoga County, Ohio and the surrounding area, Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, marked the completion of the Western Reserve Health Center, a dynamic, multi-tenanted 53,000 square foot […]

News Release: Urology of Indiana Groundbreaking at the Bridges Medical Office Building Development

News Release: Urology of Indiana Groundbreaking at the Bridges Medical Office Building Development

Carmel, IN – This week marked a significant milestone as Cornerstone Companies, Inc. (Cornerstone) and Urology of Indiana, LLC (Urology of Indiana) came together to celebrate the official groundbreaking ceremony of The Bridges medical office building located at 11380 Illinois Street, Carmel, IN. The Cornerstone development team, in conjunction with Urology of Indiana, closed on […]

News Release: Flagship Healthcare Properties acquires medical office building in Rock Hill, South Carolina

News Release: Flagship Healthcare Properties acquires medical office building in Rock Hill, South Carolina

Property is anchored by area’s leading neurosurgical and dermatology practices   CHARLOTTE, N.C., Aug. 24, 2023 — Flagship Healthcare Properties(Flagship), an outpatient healthcare real estate firm, has acquired a Class A, medical office building (MOB) in Rock Hill, South Carolina. The 16,904-square-foot property was built in 2019 and is located within the award-winning Riverwalk community […]

News Release: Recent Closing | CREG U.S. Healthcare Investment Sales Practice (Bradenton, Fla.)

News Release: Recent Closing | CREG U.S. Healthcare Investment Sales Practice (Bradenton, Fla.)

Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a two-building medical office portfolio located in Bradenton, Florida totaling 16,488 SF. The properties are 100% leased to Florida Digestive Health Specialists, one of the leading gastroenterology practices in Florida, comprised of forty-five (45) board certified gastroenterologists. FDHS […]

News Release: Montecito Medical Acquires Two Medical Buildings in Las Vegas

News Release: Montecito Medical Acquires Two Medical Buildings in Las Vegas

August 22, 2023 09:47 AM Eastern Daylight Time NASHVILLE–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in Las Vegas, Nevada. The properties, which offer a total of 16,536 square feet, are fully occupied by Women’s Health Associates of Southern Nevada. “We are very pleased to build […]

News Release: Ventas Announces Three Proven High Performing Operators to Manage 26 Independent Living Communities in Attractive Markets to Drive Occupancy and Performance

Expansion of Successful Relationships with Operators Consistent with Ventas’s Right Market, Right Asset, Right OperatorTM Strategy August 22, 2023 08:36 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–In conjunction with previously scheduled investor meetings, Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today identified three proven senior housing operators who will take over management of 26 high-quality independent […]

News Release: Parkland Health Center (Farmington, Mo.) Groundbreaking Ceremony for New Medical Office Building

News Release: Parkland Health Center (Farmington, Mo.) Groundbreaking Ceremony for New Medical Office Building

August 21, 2023 Parkland Health Center is excited to announce building plans for a new 30,000+ square-foot Medical Office Building to house the hospital’s primary care services. The Medical Office Building will occupy one portion of the recently acquired seven-acre property adjacent to the hospital. Construction of the new building is scheduled to begin on […]

News Release: Barrow Neurological Institute’s Innovative Laboratory Expands to Park Central

News Release: Barrow Neurological Institute’s Innovative Laboratory Expands to Park Central

FOR IMMEDIATE RELEASE New 10,000-Square-Foot Facility Will Foster Collaboration with Creighton University, ASU and UA PHOENIX (August 22, 2023) – Barrow Neurological Institute is partnering with Plaza Companies and Holualoa Companies to develop an innovative new 10,000-square-foot dry laboratory at Park Central that will further establish Phoenix as a destination center for medical discovery. Investigative […]

News Release: TCC Signs First Tenant And Celebrates Topping Out At Science Square Labs In Atlanta

News Release: TCC Signs First Tenant And Celebrates Topping Out At Science Square Labs In Atlanta

PRESS RELEASE Portal Innovations Leased 33,000 SF at Science Square Labs, Opening Q1 2024 Atlanta – August 21, 2023 – Trammell Crow Company (TCC), a global real estate developer, and partner Georgia Advanced Technology Ventures (GATV), an affiliate of the Georgia Institute of Technology, have topped out Science Square Labs, part of the first phase […]

News Release: Medical Properties Trust Updates Capital Allocation Strategy to Further Enhance Long-Term Value Creation

Adjusts Quarterly Dividend to Better Align with the Company’s Cash Flow Profile Following Asset Divestitures Announces Actions to Strengthen Balance Sheet and Accelerate Deleveraging BIRMINGHAM, Ala, Aug. 21, 2023 –(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that its Board of Directors has adopted an updated capital allocation strategy designed […]

News Release: OGA Breaks Ground on Imaging Clinic for Vanderbilt Imaging Services

News Release: OGA Breaks Ground on Imaging Clinic for Vanderbilt Imaging Services

6,000-square-foot facility will be located in Bellevue, offering specialty imaging Nashville, Tenn. (Aug. 17, 2023) – Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, broke ground today on a new imaging clinic for Vanderbilt Imaging Services. The 6,000-square-foot facility will be located on a 0.55 acre site at 8124 Sawyer […]

News Release: Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility

August 17, 2023 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets […]

The new San Marcos Medical Center opened in August 2023. Salas O’Brien’s innovative electrical engineering design led to LEED Platinum certification, greater reliability of operations, and cost-savings. (Photo: Business Wire)

News Release: Salas O’Brien Celebrates Grand Opening of Kaiser Permanente’s San Marcos Medical Center

Innovative electrical design leads to multiple sustainability firsts for new hospital IRVINE, Calif., Aug. 16, 2023 –(BUSINESS WIRE)–Engineering and technical services firm Salas O’Brien joins Kaiser Permanente in celebrating the grand opening of the new San Marcos Medical Center, bringing state-of-the-art care to California’s North County region patients. Under Salas O’Brien’s electrical engineering leadership, the […]

News Release: Cushman & Wakefield Advises Sale of Medical Office Building in San Jose, CA for $9 Million

News Release: Cushman & Wakefield Advises Sale of Medical Office Building in San Jose, CA for $9 Million

For Immediate Release Mental health center, LGTC Group, acquires property in West Valley area SAN JOSE, Calif. – August 16, 2023 – Cushman & Wakefield announced the firm has advised the sale of a freestanding 17,200-square-foot medical office building located in San Jose, California. Located at 4850 Union Avenue in the region’s West Valley community, […]