News Release: Cushman & Wakefield Advises Sale of Medical Office Building in Encinitas, CA for $6.735 Million
Local doctor acquires property located adjacent to Scripps Encinitas Hospital campus SAN DIEGO, Calif. – July 10, 2023 – Cushman & Wakefield announced the firm has arranged the sale of a two-story, multi-tenant medical office building in Encinitas (San Diego), California. Located at 1011 Devonshire Dr, the 10,007-square-foot building was acquired by 1011 Devonshire LLC for $6.735 […]
News Release: Fairfield Advisors Announces $15,200,000 Medical Office Sale
$15,200,000 Medical Office Sale – Fairfield Advisors announced that it has facilitated the sale of the NorthEast Ohio Eye Medical Office Building portfolio in the Akron, OH.-area. The 4 buildings total 41,000 square feet with one of the buildings being a high-volume surgery. The anchor tenant in the buildings is the Northeast Ohio Eye group […]
News Release: Kraus-Anderson completes M Physicians Clinic renovation
ST. LOUIS PARK, Minn (July 2023) – Kraus-Anderson (KA) has completed a renovation of the University of Minnesota Physicians (M Physicians) St. Louis Park Clinic on the 2nd floor of the Park Place East Building located at 5775 Wayzata Boulevard in St. Louis Park, Minn. Designed by HDR Architects, the 11,886-square-foot project was constructed […]
News Release: Memorial Regional Hospital Celebrates 70th Anniversary with $88M Investment in Patient-Focused Infrastructure
Projects Include a New Memorial Family Birthplace, and Significant Upgrades to Level 1 Trauma Center and Emergency Room July 10, 2023 Prioritizing patient care and further elevating the health services it provides, Memorial Regional Hospital, the flagship facility of Memorial Healthcare System, is investing $88 million to upgrade its infrastructure. Construction has begun at the […]
News Release: Vitalis Acquires 109,000 SF MOB/Clinical Research Facility in San Antonio for $179 / SF.
Vitalis closed on a 109,000 SF specialty facility located in San Antonio, TX for $179 PSF. Greenway Park is 100% leased and anchored by Worldwide Clinical and WellMed (Optum) on long term leases. Worldwide Clinical Trials (WWCT) is a leading global Contract Research Organization (CRO) that conducts clinical trials for pharmaceutical and biotechnology companies. Since […]
News Release: The Apsley, Sunrise Senior Living’s New Manhattan Community, Opens on Upper West Side
Sunrise’s Second Luxury Senior Lifestyle Community in Manhattan features Best-in-Class Assisted Living and Memory Care with Interiors by Champalimaud Design NEW YORK, July 10, 2023–(BUSINESS WIRE)—Sunrise Senior Living, the leading provider of personalized senior living services, together with partners Hines and Welltower (NYSE: WELL), today announced The Apsley, a new luxury senior living community in […]
News Release: Montecito Medical Acquires Medical Office Property in California
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 32,300-square-foot medical office property in Visalia, California. The multi-story building is 100% leased by Kaweah Health. The facility is situated on the campus of the 581-bed Kaweah Delta Medical Center, the area’s largest hospital.“We are thrilled to add this outstanding, on-campus medical […]
News Release: PMB announces grand opening for new, award-winning Inpatient Rehabilitation Facility in Sacramento, CA
This new 52-bed, 58,600 sq. ft. facility, UC Davis Health Rehabilitation Hospital, celebrated its grand opening on April 18, 2023 SACRAMENTO, CA Jul. 6, 2023 – PMB, a leading healthcare real estate developer, officially recognized the opening of the new UC Davis Rehabilitation Hospital, a 52-bed, 58,600-square-foot inpatient rehabilitation facility (IRF) in Sacramento. The new […]
News Release: Northside breaks ground on Buford complex
Construction is underway on a major new medical facility in one of the busiest areas of Gwinnett County. Officials from Northside Hospital Gwinnett, Physicians Realty Trust and Realty Trust Group broke ground Wednesday, June 28, on Northside Medical Buford. The 100,000-square-foot facility is at 2800 Buford Drive, Lawrenceville, across from The Exchange at Gwinnett and adjacent […]
News Release: Montecito Medical Acquires Pediatric Medical Building in Raleigh, NC
Nashville, Tenn., July 5, 2023 — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 15,153-square-foot medical office building in Raleigh, North Carolina. The property is 100% occupied by Raleigh Pediatric Associates. “We are delighted to acquire this prime medical office asset and to enter into a long-term relationship with […]
News Release: CareTrust REIT Closes $45 Million of Investments in Skilled Nursing and Seniors Housing Facilities
SAN CLEMENTE, Calif., July 5, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it recently closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million. The investments include the acquisition of a skilled nursing facility as well as the funding of a mortgage loan secured by a […]
News Release: Big Sky Medical Welcomes New Manager Of Acquisitions To Their Team
FOR IMMEDIATE RELEASE DALLAS, June 30, 2023 — Big Sky Medical, a leading private real estate investment firm specializing in healthcare properties, is pleased to announce the addition of Tyler Rhoades as their new Manager of Acquisitions. With an extensive background in real estate investment and a proven track record in strategic acquisitions, Tyler brings […]
News Release: Vitalis Acquires 20,000 SF US Radiology facility in Philadelphia Suburb
Vitalis acquired Larchmont Medical Center in Mt Laurel, NJ on June 26, 2023. The building sold for $232 PSF and is anchored by Larchmont Imaging (US Radiology). For over 50 years, Larchmont Imaging has been a trusted provider of imaging services, with six locations strategically located throughout southern New Jersey. In 2022, US Radiology Specialists […]
News Release: Hoyt Science Center addition gains LEED certification
The three-story laboratory addition to Westminster College’s Hoyt Science Center has been awarded Leadership in Energy and Environmental Design (LEED) v4 certification from the U.S. Green Building Council (USGBC), marking the College’s commitment to environmental sustainability. The 27-000-square-foot wing, completed in 2021, is Westminster College’s first LEED-certified building. The LEED rating system was developed by […]
News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions
JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years. BOSTON, Jun. 29, 2023 – JLL CapitalMarkets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which will […]