News Release: Single-tenant on-campus medical office building in Lubbock sells
JLL closed the sale of the building that is triple net leased to a health system LOS ANGELES, July 22, 2020 – JLL Capital Markets announced today that it has closed the sale of 3601 21st St., a 20,880-square-foot, single-tenant, net-lease medical office property in Lubbock, Texas. JLL represented the seller, a joint venture between […]
News Release: Rendina Announces New 140,000 SF Medical Office Building in Downtown Portland, Ore.
Downtown Portland’s First New MOB Development in 50 Years NEWS PROVIDED BY Rendina Healthcare Real Estate Jul 20, 2020, 10:00 ET PORTLAND, Ore., July 20, 2020 /PRNewswire/ — The first new medical office building development project in downtown Portland in 50 years is coming soon to the rapidly growing West End. The West End Medical Center at 12th & Taylor is designed to […]
News Release: Capital Square 1031 Crosses $2 Billion Threshold in Transaction Volume with Launch of Medical Portfolio DST Offering
FOR IMMEDIATE RELEASE Memphis, Tenn. (July 20, 2020) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today that the firm has completed more than $2 billion in transaction volume with the launch of CS1031 SE MOB Portfolio, DST. The Regulation D private […]
News Release: Flagship Healthcare Properties Announces Tripp Tate As Partner
Charlotte, N.C. (July 16, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce Tripp Tate as its newest partner. Tripp has been with Flagship since 2008, serving as chief accounting officer and executive vice president of accounting, and has been a key contributor to Flagship’s success. “In the dozen years since […]
News Release: JLL tapped to lease 6624 Fannin Tower in Texas Medical Center
HOUSTON, July 15, 2020 – JLL today announced the firm was selected to market and lease 6624 Fannin Tower in the Texas Medical Center. Owned by Texas Children’s Hospital, the 27-story building, which is widely recognized by its iconic twin spire-topped octagonal towers, was built in 1991. It features almost 450,000 square feet of medical […]
News Release: News from HRE Capital – OrthoSouth sale/leaseback, Greater Memphis, Tenn.
HRE Capital is pleased to announce the closing of the following transaction. OrthoSouth Sale / Leaseback of an Ambulatory Surgery Center and Medical Office Building Comprised of 29,906 Square Feet Located in Greater Memphis, Tennessee The undersigned served as financial advisor HRE Capital Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the […]
News Release: Anchor Health Properties Celebrates Key Executive and Leadership Promotions
FOR IMMEDIATE RELEASE July 14, 2020 (Charlottesville, VA) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, celebrates the third quarter of 2020 with several key executive and leadership role promotions. Richard Paddock, Vice President, Development and John Thomas Koss, CPM, CCIM, Vice President, […]
News Release: Healthcare delivery strategies pivot in a COVID-19 environment
A new report from JLL outlines how real estate is supporting emerging patient and clinician preferences. CHICAGO, Jul. 14, 2020 – COVID-19 has accelerated trends for delivery of healthcare and changed the contours of the patient-provider relationship. The new Healthcare Real Estate Outlook from JLL outlines three key concepts for healthcare real estate occupiers and […]
News Release: Catalyst HRE Celebrates Grand Opening of Medical Office Building in St. Cloud, Florida
Pensacola, Florida (July 15, 2020) – Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, celebrates the grand opening of new 50,000 square foot Medical Office Building in St. Cloud, Florida. The on-campus medical office building (‘MOB’) will be anchored by Orlando Health St. Cloud Hospital (‘OHSCH’) – an 84-bed acute care […]
News Release: Atkins Companies and Woodmont Properties Convert Planned 10,000-Square-Foot Retail Building to Medical Space
For Immediate Release Atkins Companies and Woodmont Properties Convert Planned 10,000-Square-Foot Retail Building to Medical Space in Washington Square Town Center to Meet Sustained Demand Negotiate Pre-Lease with Axia Women’s Health for 7,000 Square Feet Washington Township, N.J. (July 13, 2020) – Atkins Companies and Woodmont Properties, two multigenerational commercial real estate development, investment, and […]
News Release: ALTO’s 27th Exit: ALTO Real Estate Funds and Milan Capital Management Sell a Medical Office Building in San Diego, CA for $17 Million
The partners doubled the equity invested in the transaction July 13, 2020 09:31 AM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–ALTO Real Estate Fund and Milan Capital Management have sold Pomerado Professional Plaza – a medical clinic complex in a suburb of San Diego, CA, USA – for approx. $17 million, representing a 5.8% cap rate. […]
News Release: Sr. housing occupancy hits all-time low
Senior housing occupancy decreases sharply in second quarter due to COVID-19 NIC MAP® Data Service shows largest quarterly decline since reporting began in 2005 ANNAPOLIS, Md. (July 9, 2020)—Senior housing occupancy fell 2.8 percentage points in the second quarter of 2020 from 87.7 percent to 84.9 percent, according to new data from NIC MAP® Data Service (NIC MAP) provided […]
News Release: Mag Mile Capital Completes $2.85 Million in Loans in North Carolina
CHICAGO – Mag Mile Capital is pleased to announce that the firm’s Vice President Matt Weilgus has completed two loans totaling $2,850,000 for a repeat client, a private property investor. “These are the third and fourth loans completed for this borrower, through a 1031 exchange, and with this same lender,” said Weilgus. “Despite the logistical […]
News Release: Recent Sale | ±27.4 acre Medical Campus Development Folsom Rach, CA)
RECENT SALE Folsom Ranch Future Medical Campus Development CommonSpirit Health (formerly San Francisco-based Dignity Health) acquired a 27.4 acre site in the growing Folsom Ranch development in the Sacramento, CA suburb. There will be 11,000 new homes in Folsom Ranch at full build out. CommonSpirit Health plans on building a new medical campus on the […]
News Release: Walgreens and VillageMD to open 500 to 700 full-service doctor offices within next five years in a major industry first
JULY 08, 2020 Unprecedented Large-Scale Rollout Delivers First-Rate Healthcare to Patients, with Primary Care Physicians and Pharmacists Co-Located at Stores in an Integrated Model DEERFIELD, Ill. & CHICAGO–(BUSINESS WIRE)– Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and VillageMD announced today that Walgreens will be the first national pharmacy chain to offer full-service doctor offices co-located at […]
