News Release: NexCore Group and CHI Health Break Ground for New Clinic in Omaha, Neb.
The 28,700-square-foot CHI Health Clinic Elkhorn, which will offer primary care, physical therapy, and behavioral health services, will be developer NexCore’s eighth healthcare project with CHI Health Top: The one-story, 28,700-square-foot CHI Health Clinic Elkhorn is scheduled to be completed in summer 2023. Bottom: Executives of CHI Health and NexCore Group gathered for a groundbreaking […]
News Release: Newmark Facilitates Sale of High Volume Surgery Partners Outpatient Surgery Center in Wichita, Kansas
FOR IMMEDIATE RELEASE Wichita, KS (April 27, 2022) — Newmark announces it has completed the $15.3 million sale of Cypress Surgery Center, a 33,620-square-foot outpatient surgery center located within the Cypress Medical Park in Wichita, Kansas. Newmark Executive Managing Director Ben Appel, in cooperation with Vice Chairman Bert Sanders, represented both the seller, DeSanto Realty […]
News Release: Montecito Medical Acquires Medical Office Property in Hazelton, PA; Newmark Acts as Advisor to the Transaction
Facility tenant is market leader Lehigh Valley Health Network FOR IMMEDIATE RELEASE April 25, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Lehigh Valley Health Network’s Health and Wellness Center in Hazelton, Pennsylvania. The 73,255-square-foot, multi-tenant building is 100% leased to Lehigh […]
News Release: Newmark Arranges $127 Million Sale of Downtown Seattle Block with Life Science Redevelopment Potential
April 27th, 2022 9:00am Newmark announces it has completed the $126.75 million sale of the Loyal Inn Block, a 1.6-acre redevelopment site located at 2300 Seventh Avenue North and 2301 Eighth Avenue in Seattle, Washington. The property traded in an off-market transaction which had multiple bidders from Clise Properties, Inc., a family-owned and -operated Seattle […]
News Release: SRS’ National Net Lease Group Completes $50.3 Million Leasehold Sale of a Single-Tenant Headquarters Property Occupied by Clinical Labs of Hawaii (Sonic Healthcare) in Honolulu, HI
The asset was sold via zero cash flow financing, offering the buyer tax advantages Newport Beach, CA (April 26, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $50.3 million leasehold ownership sale of a single-tenant office/lab property fully occupied by Clinical Labs of Hawaii (CLH), the […]
News Release: Experience Senior Living Development Announces New Community in Richmond, Virginia
Construction has commenced on 103 units, consisting of 79 assisted living and 24 memory care units, in Atlee, near Richmond. The community will be the first to be operated by Experience Senior Living. RICHMOND, VA. AND DENVER, COLO. (PRWEB) APRIL 26, 2022 Experience Senior Living Development (ESLD), a NexCore-owned company, announced today that it plans […]
News Release: Universal Health Realty Income Trust Reports 2022 First Quarter Financial Results
NEWS PROVIDED BY Universal Health Realty Income Trust Apr 25, 2022, 16:20 ET Consolidated Results of Operations – Three-Month Periods Ended March 31, 2022 and 2021: KING OF PRUSSIA, Pa., April 25, 2022 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2022, net income was $5.4 million, or $.39 per diluted share, as […]
News Release: Ventas Confirms End of Proxy Contest Following Withdrawal of Nominations by Land & Buildings
April 25, 2022 02:08 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today confirmed that, with the 2022 Annual Meeting results imminent this week, Land & Buildings has withdrawn its nomination of proxy fight candidate Jonathan Litt, who Land & Buildings previously nominated to stand for election to the Ventas […]
News Release: Rising Construction Tide Lifts Office-To-Lab Conversions
Dallas, TX Life sciences hubs showing the largest percentage gains in conversion activity include Los Angeles, San Francisco, Boston 25 Apr 2022 A sharp increase in construction of life sciences labs in the U.S. has included big gains in a premium category: conversions of office buildings to labs. According to a new report from CBRE, […]
News Release: Houston Methodist Building 26-Story Centennial Tower
HOUSTON – April 25, 2022 Houston Methodist has begun site preparation for a 26-story hospital tower in the Texas Medical Center that will house a new and larger emergency department, enhanced imaging services and hundreds of additional hospital beds to serve a growing patient population. Houston Methodist will open Centennial Tower in 2027. Architect – […]
News Release: Vitalis Acquires Henry Ford Health MOB for $15 million
The transaction closed on April 22nd, 2022. Vitalis and Advenir, acquired a 37,562 SF medical office building in West Bloomfield, MI, 100% occupied by Henry Ford Health on a NNN lease. The building sold for $15,050,000 on April 22nd. Henry Ford Medical Center is strategically located on a heavily trafficked corner 1.5 miles from the […]
News Release: MedCraft Investment Partners Acquires 37,643 SF MOB in Michigan
Multispecialty building located next to destination health campus Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the three-story, 37,643 square foot MOB located at 11885 E. 12 Mile Road in Warren, Michigan. The newly renovated building sits on 2.78 acres and is […]
News Release: MedCraft Investment Partners Acquires 31,152 SF MOB in Columbia, MO
Continuing to add specialist-focused medical office buildings to their portfolio Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the two story, 31,152 SF MOB in Columbia, Missouri. The building at 105 N. Keene Street sits on 4 acres and is located in […]
News Release: PMB & Dignity Health Break Ground on a 45,000 SF Medical Building in Gilbert, AZ
NEWS PROVIDED BY PMB Apr 21, 2022, 14:49 ET As its 3rd project together, the new facility will bring much-needed health care services alongside a graduate medical education program to the East Valley. GILBERT, Ariz., April 21, 2022 /PRNewswire/ — A celebratory groundbreaking ceremony took place on Wednesday, April 20, 2022 to mark the commencement of […]
News Release: Brandywine Realty Trust Announces First Quarter (2022) Results
Press Release Apr 20, 2022 PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2022. Management Comments “We continue to experience increased levels of physical occupancy and traffic as tenants focus on higher quality, well amenitized buildings,” stated Gerard […]