News Release: CBRE Investment Management Fund Acquires 662,607-Square-Foot, Class A Life Sciences Campus in Raleigh-Durham’s Research Triangle
RALEIGH-DURHAM, NC, Sept. 27, 2022 — CBRE Investment Management, on behalf of a separate account client, has acquired Park Point, a 662,607-square-foot life sciences campus in Raleigh-Durham’s Research Triangle. Located at 4001 NC Highway 54, Durham, North Carolina, the Class A property is aligned with the firm’s commitment to investing in life sciences assets as the […]
News Release: Abrazo continues Buckeye Campus development planning
BUCKEYE, Ariz., Sept. 27, 2022 – Abrazo Health continues development planning for its new Buckeye campus, releasing a conceptual rendering of a 65,000 sq. ft. medical office building. Construction on the site is expected to begin in the coming months. Abrazo Health acquired 27 acres for its Buckeye medical campus near the southwest corner of […]
News Release: CBRE Investment Management Closes $45 Million Mortgage Loan for Medical Office Property Outside Denver
DENVER, Sept. 22, 2022 — A fund sponsored by CBRE Investment Management closed on a $45.2 million mortgage loan for the refinancing of the Synergy Medical Center. The floating-rate loan has an initial term of three years and can extend for up to two years. Synergy Medical Center is a newly constructed, Class A, 104,000-square-foot medical […]
News Release: Portneuf Health Opens Doors in Northgate
POCATELLO, Sept. 27, 2022 —The Portneuf Health Medical Office Building, the first healthcare building in the Portneuf Medical Plaza, opened its doors on Thursday night for a Pocatello Chubbuck Chamber of Commerce Business After Hours. The Portneuf Primary Care and Portneuf WorkMed teams along with on-site lab and imaging services, will welcome their first patients […]
News Release: CIT Arranges $58.9 Million Financing for Micro-Hospital Portfolio
NEW YORK, Sept. 27, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly […]
News Release: New 45,000 SF Medical Office Building Takes Shape at Mercy Medical Commons
NEWS PROVIDED BY PMB Sep 27, 2022, 07:58 ET New Construction of Gilbert, AZ medical facility will host much-needed graduate medical education program in the East Valley. GILBERT, Ariz., Sept. 27, 2022 /PRNewswire/ — The first frame panels for the third Mercy Gilbert Medical Office Building have been lifted into place, keeping the project on schedule […]
News Release: StepStone Real Estate to Make a Significant Investment in Anchor Health Properties
September 26, 2022 (Charlottesville, VA & Media, PA) StepStone Real Estate (“SRE”), the real estate arm of private markets investment firm StepStone Group Inc. (NASDAQ: STEP), has made a significant strategic equity investment in Anchor Health Properties (“Anchor”), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was […]
News Release: Montecito Medical Acquires Portfolio of Orthopedic Properties in Southeast Pennsylvania
EAST NORRITON and POTTSVILLE, Pa., Sept. 26, 2022 — Montecito Medical has completed the acquisition of two orthopedic medical office properties in East Norriton and Pottsville, PA. The buildings are fully occupied under long-term lease by Premier Orthopaedics. The newly constructed East Norriton property opened earlier this year. With over 35 locations in the Greater Philadelphia […]
News Release: Medical office plaza near Palm Beach, FL trades
JLL Capital Markets closed the sale of the two-building Woolbright Medical Plaza in Boynton Beach, FL MIAMI, September 26, 2022 – JLL Capital Markets announced today that it has closed the sale of Woolbright Medical Plaza, two institutional-grade medical office buildings totaling 33,154 square feet in Boynton Beach, Florida. JLL represented the seller, TopMed Realty, […]
News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area
Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area (Summa Health, Akron Children’s, Crystal Clinic Orthopaedics) – $8,400,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of three fully occupied Medical Office Buildings in the Akron area. The buildings are anchored by some […]
News Release: First post-incubation life science facility in Orange County completed by NexCore Group & HATCHspaces
NEWS PROVIDED BY NexCore Group Sep 22, 2022, 16:42 ET DENVER & LOS ANGELES, Sept. 22, 2022 /PRNewswire/ — NexCore Group, a leading health care developer, and HATCHspaces®, a real estate development platform focused on creating purpose-built life sciences facilities, have completed a full building transformation of an office building in Irvine, Calif. to a specialized, […]
News Release: Lendlease and Ivanhoé Cambridge Break Ground on FORUM, First Purpose-Built Life Science Development in Boston Landing
Drawing inspiration from surrounding athletic facilities, $500 million building to be an arena for innovation, strengthening emerging life sciences cluster in Boston’s Allston-Brighton neighborhood BOSTON (Sept. 22, 2022) — Lendlease and Ivanhoé Cambridge, global real estate leaders, today announced the start of construction on the partnership’s $500 million life science development at 60 Guest St. […]
News Release: Vitalis Acquires Campus Adjacent MOB in Cincinnati, Ohio for $6,400,000.
The transaction closed on September 22nd, 2022. Vitalis closed on a 16,500 SF campus adjacent medical office building located at 4665 E. Galbraith Road in Cincinnati, OH. The building sold for $6,400,000 or $387 / SF and closed off-market. Infiniti Dialysis, Nephrology Associates of Greater Cincinnati, Bernstein Allergy & Bernstein Clinical Research occupy 100% of […]
News Release: NAI James E. Hanson Helps Major Regional Healthcare Expand in Northern New Jersey
Clifton, N.J. (September 22, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 63,000-square-foot medical office building at 855 Valley Road in Clifton, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented […]
News Release: Vitalis Acquires Henry Ford Health Build-to-Suit for $9,400,000 in Rochester Hills, MI.
The transaction closed on September 22nd, 2022. Vitalis closed on a 31,200 SF specialty pharmacitcal facility located at 1191 E South Blvd, Rochester Hills, MI for $9,400,000. Henry Ford Health is on a multi-decade Absolute NNN Lease and the transaction sold off-market for $301 / SF. The build to suit delivered in 2017, however was […]
