News Release: Banner Health to build medical campus in Scottsdale
Acute care hospital and cancer center will support growing Northeast Valley SCOTTSDALE, Ariz. (March 20, 2023)– Banner Health is finalizing the purchase of +/- 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build a new, comprehensive medical center and support services in the Northeast Valley of […]
News Release: Medical Office Building M&A Activity Increases 14% in Q1:23, According to Data from Irving Levin Associates, LLC
Activity in the Medical Office Building M&A market increased in the first quarter of 2023, with 58 publicly announced transactions, according to data captured by LevinPro HC NEW CANAAN, CONN. (PRWEB) APRIL 14, 2023 — Merger and acquisition activity in the Medical Office Building (MOB) sector increased by 13.7% in Q1:23, according to data captured […]
News Release: Just Closed – Dry Creek Medical Campus
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office Portfolio Anchored by SCA Health Ortho & Spine ASC in the Denver MSA CBRE Transaction Highlights Date Closed: 4/12/2023 Size: 68,195 SF Occupancy: 100% Dry Creek Medical Campus | Englewood, CO CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce […]
News Release: Bulfinch’s Leasing Activity Grows In Needham (Mass.)
BOSTON, MA – April 20, 2023 117 Kendrick Street Welcomes New and Expanded Tenants in Needham Crossing An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, today announces multiple new leases at 117 Kendrick Street along with tenants executing expansions and extensions at the property. The property has seen […]
News Release: Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength
Despite economic woes and bank failures, construction shows strength across Q1 HAMILTON, N.J, April 20, 2023 — (BUSINESS WIRE)–Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential starts rose 33%, nonbuilding starts increased 17%, and residential starts moved 5% […]
News Release: Brandywine Realty Trust Announces First Quarter (2023) Results
April 19, 2023 16:30 ET | Source: Brandywine Realty Trust PHILADELPHIA, April 19, 2023 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2023. Management Comments “During the first quarter, we made excellent progress on our 2023 business plan highlighted by achieving 71% of our […]
News Release: McCarthy Building Companies Breaks Ground for Extensive Expansion and Renovation for Saint Luke’s East Ambulatory Surgery Center (Lee’s Summit, Mo.)
Highlight is the 62,000-square-foot vertical addition above existing facility April 18, 2023, Lee’s Summit, Mo. – McCarthy Building Companies in Kansas City recently broke ground on the 113,913-square-foot expansion and renovation of Saint Luke’s East Ambulatory Surgery Center in Lee’s Summit, Missouri. The ambulatory surgery center was founded in 2006 to meet the growing needs […]
News Release: McLeod Health Opens Third Medical Office Building in Carolina Forest
Myrtle Beach, SC, April 19, 2023 — McLeod Health has opened their third building in the 43-acre expansion designed to provide services to meet the healthcare needs of residents within and around the Carolina Forest area. An Open House and Ribbon Cutting Celebration was held at the new McLeod Health Medical Office Building in Carolina Forest […]
News Release: Elliott Bay Acquires MOB in Jackson, Michigan
SEATTLE — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and Pantheon has announced the acquisition of a medical office building in Jackson, MI leased to a leading health system providing specialty services. Elliott Bay and Pantheon established a joint venture to acquire healthcare properties across the U.S in February 2023. The property […]
News Release: Crown Tenant Advisors Names New Senior Director
FOR IMMEDIATE RELEASE Atlanta, GA, April 18, 2023 – Crown Tenant Advisors, a boutique healthcare real estate firm, has promoted Latrice T. Smith, Esquire, MPH to Senior Director for its corporate office. Smith will be responsible for serving the real estate interests of healthcare providers in Georgia through tenant- and buyer-only representation. Since joining the […]
News Release: Just Closed! Single-Tenant Investment Grade MOB in LA County
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT Providence BUILT-TO-SUIT MEDICAL OFFICE BUILDING FACEY MEDICAL GROUP – CANYON COUNTRY SANTA CLARITA, CA | APRIL 2023 Newmark Healthcare Capital Markets Group announces the sale of 14550 Soledad Canyon Road in Santa Clarita, CA. The 37,165 square-foot, built-to-suit medical office building is 100% leased to Providence Health System and […]
News Release: Vanbarton Healthcare Group and Tramview Complete Second Florida Healthcare Investment
FOR IMMEDIATE RELEASE NEW YORK, New York (April 17, 2023) – The healthcare division of Vanbarton Group recently completed its second Florida investment with a pair of medical office buildings totaling 33,500 square feet located in St. Augustine, Florida. The property, commonly known as the Medical Office Building of St. Augustine, is leased to five […]
News Release: New state psychiatric hospital to be built on existing Hawthorn Center location in Northville Township
State-of-the-art facility will serve both adults and youth as part of state’s continued commitment to provide behavioral health services to Michigan families LANSING, Mich., April 17, 2023 – Today, as part of the state’s continued commitment to providing behavioral health services to Michigan families, the Michigan Department of Health and Human Services (MDHHS) and the Department […]
News Release: Anchor Health Properties Builds Upon Existing Florida Portfolio with a 35,000 Square Foot MOB Off-Market Transaction in Sebastian
FOR IMMEDIATE RELEASE April 17, 2023 (Sebastian, FL) Continuing to expand the company’s owned and managed portfolio across Florida, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a stabilized, two story, 34,681 square foot Class A medical office building […]
News release:Stockdale Committing Over $20 million to Complete Full-Building Life Science/Lab Conversion of Ilume in Scottsdale, AZ
– Hires Cushman & Wakefield as Project Leasing Team For Immediate Release PHOENIX, Ariz. – April 17, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, is committing over $20 million on a major renovation plan to finish converting Ilume Innovation Center in Scottsdale, Arizona to be a fully lab-enabled […]