News Release: Medical Properties Trust Announces Agreement to Sell Connecticut Hospitals
Total Expected Consideration of Approximately $457 Million October 06, 2022 08:53 AM Eastern Daylight Time BIRMINGHAM, AL–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into definitive agreements for the sale of three Connecticut hospitals to Prospect Medical Holdings (“Prospect”), the current lessee. Separately, Yale New Haven […]
News Release: FCPT Announces Acquisition of Three WellNow Urgent Care Properties for $8.7 Million
MILL VALLEY, Calif., Oct. 4, 2022, (BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of three WellNow Urgent Care properties for $8.7 million from ComptonAddy. The properties are […]
News Releaswe: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires Nation’s Largest Medical Office Asset in 2022
FOR IMMEDIATE RELEASE Dallas, TX (October 4, 2022) – Big Sky Medical announces the closing of Pyramid Towers, a two-building office facility located in the heart of Dallas, Texas. Comprised of 291,328 rentable square feet, the acquisition marks the largest medical office asset to trade hands in the United States since 2018. Located due south […]
News Release: Governor McKee Announces Major Life Sciences Development Project to Move Forward in the I-195 Innovation and Design District
212,000 square foot, 7-story building funded in part by an $81.7M CDC grant will house the State’s new health lab, life sciences labs for Brown University, and additional bio-technology space ANCORA L&G selected as developer following competitive RFP process PROVIDENCE, R.I., Oct. 4, 2022, (BUSINESS WIRE)–Governor Dan McKee today announced that a major life sciences […]
News Release: Welltower Issues Business Update (October 2022)
NEWS PROVIDED BY Welltower Inc. Oct 04, 2022, 07:00 ET TOLEDO, Ohio, Oct. 4, 2022 /PRNewswire/ — In conjunction with its participation in the 3rd Annual Mizuho Healthcare REIT Conference, Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/october2022-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company […]
News Release: STAN JOHNSON COMPANY ARRANGES 1031 EXCHANGE OF FORT MYERS, FLORIDA NURSING FACILITY FOR $46.7 MILLION
FORT MYERS, Fla., Oct. 3, 2022 — Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a four-star skilled nursing facility located at 13960 Plantation Road in Fort Myers, Florida. The 57,650-square-foot building is fully leased to Lee Memorial Health, a Southwest Florida community-owned health system. The […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Houston, Texas
DALLAS, Texas, Oct. 3, 2022 – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the acquisition of a medical office building located at 4120 Southwest Freeway, Houston, Texas. River Oaks Medical Center is a two story, 38,236 square foot medical office building at […]
News Release: Woodside Health sells 23,328-square-foot medical office building in Novi
JLL closes sales on 97 percent occupied Novi Wellness Center DETROIT, October 3, 2022 — JLL is pleased to announce that Woodside Health sold the Novi Wellness Center, a 23,328-square-foot office building located at 39500 West Ten Mile Rd. in Novi, Michigan, to private equity firm Excelsior Capital. The property, which is 97 percent occupied, […]
News Release: CapitaLand Ascendas REIT to convert San Diego office property to Life Sciences property
Singapore, 30 September 2022 – CapitaLand Ascendas REIT Management Limited (“the Manager”), formerly known as Ascendas Funds Management (S) Limited, the manager of CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), is pleased to announce the signing of a full building lease agreement with Crinetics Pharmaceuticals, Inc., for its […]
News Release: O’Donnell & Naccarato Celebrates Grand Opening of Children’s Hospital of The King’s Daughters in Norfolk, Virginia
Norfolk, Va., Sept. 30, 2022— O’Donnell & Naccarato (O&N), a leading consulting structural engineering firm headquartered in Philadelphia, is pleased to announce the grand opening and dedication ceremony of Children’s Hospital of the King’s Daughters Children Pavilion (CHKD) on September 30, 2022. The new, $224M, 14-story, 364,000 square-foot pediatric mental health hospital and outpatient center […]
News Release: Revista to launch the first customized life science building database
Company will provide the bioscience real estate sector’s only online archive of life science properties, as well as industry statistics and resources, national and regional market reports, and strategic networking events ARNOLD, Md., September 30, 2022 – Record funding levels for Biotech companies in recent years have fueled increasing industry demands for more life science […]
News Release: CareTrust REIT Completes Sale of Ohio Skilled Nursing Facilities
SAN CLEMENTE, Calif., Sept. 30, 2022, (BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of seven skilled nursing facilities in Ohio for a purchase price of $52 million. In connection with the completion of the sale, the company’s master lease with affiliates of Trio Healthcare was terminated. The portfolio includes […]
News Release: EyeSouth Partners, the largest comprehensive ophthalmology platform in North America, continues its accelerating growth with a new Capital Partner, Olympus Partners
Olympus Partners replaces Shore Capital as EyeSouth primary investor ATLANTA, September 30, 2022, (BUSINESS WIRE)–EyeSouth Partners (“EyeSouth” or the “Company”), the largest comprehensive ophthalmology platform in North America, is proud to announce and welcome its new private equity firm investor, Olympus Partners. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries […]
News Release: Shore Capital Partners Announces Sale of EyeSouth Partners
CHICAGO, Sept. 30, 2022, (BUSINESS WIRE)–Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of EyeSouth Partners (“EyeSouth”), an eye care management services organization committed to partnering with leading doctors, to Olympus Partners. Shore formed EyeSouth in 2017 with the goal of […]
News Release: A&G Accepting Offers on 11 Medical Office Buildings in Northern New Jersey, Florida and New York
Investors can acquire individual or multiple assets or enter into a joint venture with the existing owner; offers must be submitted by October 18 MELVILLE, N.Y., Sept. 29, 2022 /PRNewswire/ — A&G Real Estate Partners is now accepting offers on nine medical office properties in northern New Jersey and one each in Mount Kisco, New […]