Breaking News

News Release: Just Closed - Sonic Healthcare

News Release: Just Closed – Sonic Healthcare

JUST CLOSED SONIC HEALTHCARE AIEA, HI Sale Date: 6/29/20 Building Size: 81 ,569 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Sonic Healthcare’s facility at 99-193 Aiea Heights (the “Property”), located in Aiea, Hawaii. Lee Asher and Chris Bodnar partnered with Matthew Bittick from CBRE’s Hawaii Capital Markets Team, Will […]

News Release: WB Development Partners and New Era Companies Break Ground on a New Inpatient Rehabilitation Hospital in Shreveport, Louisiana

News Release: WB Development Partners and New Era Companies Break Ground on a New Inpatient Rehabilitation Hospital in Shreveport, Louisiana

Nobis Rehabilitation Partners Will Manage the Operations of the Inpatient Rehab Hospital DALLAS (PRWEB) JULY 07, 2020 WB Development Partners and New Era Companies purchased land at 1451 Fern Circle, Shreveport, LA, and will commence construction of a 40-bed inpatient rehab hospital. The patients with debilitating illnesses and injuries such as stroke and brain injury, […]

News Release: Anchor Health Properties Acquires Phase II MOB Creating A Strategic Outpatient Campus

News Release: Anchor Health Properties Acquires Phase II MOB Creating A Strategic Outpatient Campus

FOR IMMEDIATE RELEASE July 7, 2020 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently acquired the two-story, 60,600 square foot Phase II Prisma Health and Internal Medicine Associates (“IMA”) Medical Office Building in Greenville, South Carolina. Anchor acquired […]

News Release: Cushman & Wakefield Facilitates $15.2M MOB Sale

News Release: Cushman & Wakefield Facilitates $15.2M MOB Sale

For Immediate Release Cushman & Wakefield Facilitates $15.2M Sale of Pocono Ambulatory Surgery Center and Medical Office Building Fully Leased MOB in the Heart of the Poconos Attracts 1031 Investor Stroudsburg, Pennsylvania, July 7, 2020 – Cushman & Wakefield announced today that a multi-market healthcare investment sales team has closed the $15.2 million sale of […]

News Release: Newmark Knight Frank Arranges 28-Acre Land Sale to Dignity Health at Folsom Ranch Corporate Center

News Release: Newmark Knight Frank Arranges 28-Acre Land Sale to Dignity Health at Folsom Ranch Corporate Center

FOR IMMEDIATE RELEASE  Sacramento, CA (July 6, 2020) — Newmark Knight Frank (“NKF”) has completed a 28-acre land sale to Dignity Health at the Folsom Ranch Corporate Center in California’s Sacramento region for an undisclosed amount. This transaction kicks off the Folsom Ranch Corporate Center, a 240-acre developable land for mixed-use commercial space. Dignity Health […]

News Release: NKF Completes $3.5 Million Sale of 300 East Osborn

News Release: NKF Completes $3.5 Million Sale of 300 East Osborn

FOR IMMEDIATE RELEASE Phoenix, AZ (July 6, 2020) — Newmark Knight Frank (NKF) announces the $3.5 million sale of 300 East Osborn in Phoenix, Arizona. NKF Managing Directors Trisha Talbot and Kathleen Morgan represented the seller, Osborn Physician Properties, LLC, in the sale of the 19,615-square-foot property to Wentworth Property Company. The 100%-leased, multi-tenant property […]

News Release: Penn Highlands Brookville (PA) Opens Medical Office Building

News Release: Penn Highlands Brookville (PA) Opens Medical Office Building

July 06, 2020 | Penn Highlands Brookville The new Penn Highlands Brookville Medical Office Building at 88 Hospital Road on the Penn Highlands Brookville hospital campus. As part of the Penn Highlands Healthcare Master Facilities Plan (MFP) launched in 2018, Penn Highlands has announced that construction is complete and providers are now seeing patients at the Penn […]

News Release: Cornerstone Companies, Inc. MOB Fund V Spends $59.9 Million to Acquire 9 Medical Properties in Six States

News Release: Cornerstone Companies, Inc. MOB Fund V Spends $59.9 Million to Acquire 9 Medical Properties in Six States

Cornerstone has acquired 9 healthcare real estate properties in six states totaling more than 300,000 square feet. The properties were acquired for $59.9 million by Cornerstone MOB Fund V, a private equity fund focused solely on medical real estate. Cornerstone is the fund’s general partner. The Fund V portfolio assets include: The Eye Institute of […]

News Release: MedProperties and Catalyst to develop MOB in new Naples, Fla. mixed-use development

News Release: MedProperties and Catalyst to develop MOB in new Naples, Fla. mixed-use development

The 35,000 square foot Founders Square medical office building is 100% pre-leased and will fit a national trend of locating more low-acuity health services in high-visibility retail locations NAPLES, Fla. and DALLAS, June XX, 2020 – MedProperties Realty Advisors LLC and  Catalyst Healthcare Real Estate have teamed to develop a medical office building (MOB) in […]

News Release: Just Sold: 100% Leased, Multi-Tenant Medical Office Building (Phoenix, Ariz.)

News Release: Just Sold: 100% Leased, Multi-Tenant Medical Office Building (Phoenix, Ariz.)

JUST SOLD! 300 E Osborn Road, Phoenix, AZ 85012 100% Leased, Multi-Tenant Medical Office Investment Property Sale Price: $3,429,000 Sale Date: 6/19/2020 $175 Psf 19,615 Sf Generated multiple offers Newmark Knight Frank FOR INFORMATION, PLEASE CONTACT: Trisha Talbot Managing Director 602.952.3880 ttalbot@ngkf.com Kathleen Morgan Managing Director 602.952.3815 kmorgan@ngkf.com

Thought Leaders: Hilco report points to disruptive change ahead for health care real estate market

Thought Leaders: Hilco report points to disruptive change ahead for health care real estate market

Jun 30, 2020 Hilco Global has issued a timely and relevant report examining how the COVID-19 pandemic is reshaping the configuration of critical and other care facilities, and what that is likely to mean for hospitals and the broader health care real estate market moving forward. Appraisal Considerations Shifting as COVID-19 Disrupts Health Care Delivery, […]

Thought Leaders: New AHA report: Losses deepen for hospitals & health systems

Thought Leaders: New AHA report: Losses deepen for hospitals & health systems

Catastrophic Financial Impact of COVID-19 Expected to Top $323 Billion in 2020 WASHINGTON — A new AHA report released today finds that the immense financial strain facing hospitals and health systems due to COVID-19 will continue through at least the end of 2020, with patient volume expected to remain well below baseline levels. The report estimates […]

News Release: IRA Capital expands Medical Office Portfolio with Pennsylvania and Florida Acquisitions

News Release: IRA Capital expands Medical Office Portfolio with Pennsylvania and Florida Acquisitions

June 29, 2020 – Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two ambulatory surgery center facilities in the Florida and Pennsylvania markets. The Pennsylvania property is leased to Pocono Ambulatory Surgery Center (“PASC”), a multi-specialty surgery center operated by Surgical Care Affiliates (“SCA”) in partnership with Lehigh […]

Strong Consumer Preference for Off-Campus Medical Facilities

Thought Leaders: Patients Strongly Prefer Off-Campus Healthcare Experiences

New Independent Market Research Commissioned by Physicians Realty Trust NEWS PROVIDED BY Physicians Realty Trust  Jun 29, 2020, 16:18 ET MILWAUKEE, June 29, 2020 /PRNewswire/ — In an effort to uncover critical insights into patient behavior and serve as thought leaders within the healthcare real estate industry, Physicians Realty Trust (the “Company”) commissioned an independent survey in five […]

News Release: Geisinger St. Luke’s medical office building now open

News Release: Geisinger St. Luke’s medical office building now open

Published Jun. 29, 2020 Specialty services provide care closer to home ORWIGSBURG, Pa. – The Geisinger St. Luke’s medical office building on the Geisinger St. Luke’s Hospital campus is now open, offering additional space to continue providing care closer to home for residents of Schuylkill and Berks counties. The medical office building officially opened its doors […]