News Release: Just Sold – Douglasville (Ga.) MOB Portfolio
MARCH 2, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD DOUGLASVILLE MOB PORTFOLIO Douglasville, GA TRANSACTION HIGHLIGHTS DATE SOLD: 2/17/2021 SIZE: 44,567 SF OCCUPANCY: 88% DOUGLASVILLE MOB PORTFOLIO CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Douglasville MOB Portfolio (the “Portfolio”). Lee Asher, Chris Bodnar, Jordan […]
News Release: Remedy Medical Properties completes development of Piedmont Healthcare Medical Office Building
FOR IMMEDIATE RELEASE The five-story, 113,000-square-foot outpatient facility supports Piedmont Newnan Hospital, expanding its convenient, full-service healthcare campus in Atlanta’s southwest suburbs NEWNAN, Ga., and CHICAGO, March 3, 2021 – Remedy Medical Properties, the nation’s largest private owner of healthcare properties, announced today the completion of the five-story, 113,000-square-foot Piedmont Medical Plaza II. The new […]
News Release: Montecito Acquires Two Spine & Pain Management Facilities in East Texas
FOR IMMEDIATE RELEASE March 3, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two Northeast Texas medical office properties occupied by a regional leader in spine and pain management. The two buildings, in Tyler and Texarkana respectively, are 100% leased to Precision […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Mar 02, 2021, 18:40 ET TOLEDO, Ohio, March 2, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued an update on Seniors Housing Operating Portfolio trends and recent strategic transactions. The presentation can be found at: https://welltower.com/march-business-update About WelltowerWelltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with […]
News Release: Welltower and ProMedica Announce Strategic Transactions to Enhance Partnership
NEWS PROVIDED BY Welltower Inc. Mar 02, 2021, 18:38 ET TOLEDO, Ohio, March 2, 2021 /PRNewswire/ — ProMedica and Welltower (NYSE:WELL) today announced two transactions to strengthen and expand their strong existing partnership while maintaining an unwavering focus on patient care and clinical outcomes. The transactions serve to enhance the quality of the Welltower/ProMedica joint venture […]
News Release: Welltower Announces Substantial Exit of Genesis HealthCare Operating Relationship
– Through mutually beneficial transactions Welltower will substantially exit its real estate relationship with Genesis HealthCare at attractive valuations – Real estate transactions total $880 million in value, representing $144,000 per bed – Welltower to recognize 8.5% unlevered IRR over full term of Genesis HealthCare relationship – Significant opportunity to create additional value for shareholders […]
News Release: MedSouth Healthcare Properties acquires 180 Foy Drive, Rocky Mount, N.C.
For Immediate Release – March 2021 Rocky Mount, NC – MedSouth Healthcare Properties is pleased to announce the recent acquisition of 180 Foy Drive which is occupied by Rocky Mount Urology Associates practice. The property is a single tenant, net leased property which features a long term lease directly with UNC Physicians Network, LLC (UNCPN) […]
News Release: Boston-area life science and industrial facility trades to JV for $33M
JLL Capital Markets arranged the sale of the packaging and distribution facility net leased to a Cambridge-based biotechnology company, demonstrating continued demand for Boston industrial space BOSTON, March 2, 2021 – JLL Capital Markets announced today that it has closed the $33 million sale of Sanofi Genzyme’s Northborough Global Operations Center, a fully net-leased, 212,000-square-foot, […]
News Release: Stan Johnson Company arranges sale of Village Medical Plaza for $10.0 Million
FOR IMMEDIATE RELEASE March 2, 2021 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a multi-tenant medical office building. The 28,434-square-foot building is located at 3401 Village Drive in Fayetteville, North Carolina. Stan Johnson Company’s Scott Briggs represented the seller, an individual investor and developer […]
News Release: Recent Closing – MOB/ASC
RECENT CLOSING CLOSING DATE – FEBRUARY 2020 MEDICAL OFFICE / SURGERY CENTER CLOSING LOCATION – NORTHEAST PRICE – $7,650,000 SF – 20,000 SF The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the below medical office & surgery center. The property is located in a top 30 MSA market […]
News Release: Hoefer Welker and USFP to build VA care center in Jacksonville, Fla.
FOR IMMEDIATE RELEASE March 1, 2021 Hoefer Welker-US Federal Properties team selected for new VA Outpatient Clinic State-of-the-art healing campus in Jacksonville to include residential rehab and treatment services for homeless veterans Kansas City, Mo. — Hoefer Welker, a Kansas City-based architecture firm, and US Federal Properties (USFP), a Kansas City-based developer, have been selected […]
News Release: Deal Announcement (CRE) | BMO provides a $76.0 Million Credit Facility for Artemis Real Estate Partners
BMO Harris Healthcare Real Estate Finance provides a $76.0 Million Credit Facility for Artemis Real Estate Partners BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $76.0 million term loan to Artemis Real Estate Partners for the acquisition of a portfolio of medical office buildings. The portfolio consists of […]
News Release: Medical City Frisco breaks ground on patient tower
March 01, 2021 Frisco – Medical City Frisco broke ground on a new patient tower on Friday, February 26. The $91 million project includes two stories with approximately 118,481 square feet of space. The expansion will add 36 additional patient care beds, increasing the facility’s bed count to 97. The contemporary design will align with […]
News Release: Montecito Medical Acquires PHX Metro MOB Asset for $6.5 Million
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Advises Sale of Class A Medical Office Building in Chandler, AZ Asset 100% leased to a top health system sells for $6.54 million PHOENIX, Ariz, March 1, 2021 – Cushman & Wakefield announced the firm has represented the Seller in the sale of a freestanding […]
News Release: Just Sold – Hugh R. Black Medical Pavilion, Spartanburg, SC
MARCH 1, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD HUGH R. BLACK MEDICAL PAVILION Spartanburg, SC TRANSACTION HIGHLIGHTS DATE SOLD: 02/23/2021 SIZE: 108,878 SF OCCUPANCY: 92% HUGH R. BLACK MEDICAL PAVILION CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Hugh R. Black Medical Pavilion (the […]