News Release: NexCore celebrates grand opening of new outpatient campus for Summit Healthcare
FOR IMMEDIATE RELEASE High-performance outpatient center and outpatient surgery center provide integrated care for patients, with reduced costs and higher productivity for the client, in Show Low, Ariz. Top: A grand opening celebration was held recently for the new three-building, 173,243 square foot Summit Healthcare Outpatient Pavilion. Bottom: A ribbon cutting ceremony was held […]
News Release: PMB celebrates grand opening of Goodyear Medical Plaza, formerly a movie theater, in Goodyear, Ariz.
FOR IMMEDIATE RELEASE The leading national healthcare real estate developer converted the 1980s-era cinema to a new 50,000 square foot medical office building near the Abrazo West Campus community hospital PMB converted the former Dickinson Palm Valley 14 movie theater (bottom) at 1325 N. Litchfield Road in Goodyear, Ariz., into the 50,000 square foot Goodyear […]
News Release: Pisula Development Company welcomes healthcare real estate expert Debra Schooler
FOR IMMEDIATE RELEASE The industry veteran will bring expertise in processes to the HRE development and property management firm SCOTTSDALE, Ariz., and THE WOODLANDS, Texas, Oct. 23, 2019 – The Woodlands-based Pisula Development Company recently announced healthcare real estate management industry veteran Debra Schooler has joined the firm as its Senior Vice President, Asset & […]
News Release: Meridian Purchases 53,500-SF Building in Orange County, Calif., for $20.35 Million for MOB Conversion
NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 53,500-square-foot, two-story medical office building in Santa Ana, California. The purchase price was $20.35 million and Meridian plans to invest an additional $5 million […]
News Release: 227,113 SF biomedical building in Phoenix to be leased by Transwestern team
Wexford Science & Technology Taps Transwestern To Lease 227,113 Sf Biomedical Campus Building In Phoenix (OCT. 18, 2019 – PHOENIX, ARIZ.) – Transwestern Commercial Services (TCS) today announces it has been selected by Wexford Science & Technology LLC to provide Agency Leasing services for the new Wexford Innovation Center at 850 N. Fifth St. in […]
News Release: Closed – Desert Mirage Medical Plaza
CLOSED: Our team is proud to have recently negotiated the sale 12361 W Bola Drive, Surprise, AZ. This ±37,424 SF medical plaza, which includes Northwest Valley’s only off-campus ambulatory surgery center, offered the buyer outstanding cost savings at a dramatic discount to reproduction cost and a strategic investment within the fastest growing community in Arizona. […]
News Release: $8,600,000 Medical Office Building Sale
Fairfield Advisors announces sale of Medical Office Building Portfolio in Tennessee and Illinois – $8,600,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 3 Medical Office Building portfolio in Tennessee and Illinois. The buildings were located in Jackson, TN., […]
News Release: MBRE Healthcare breaks ground in Georgia for new on-campus MOB for Piedmont Healthcare
FOR IMMEDIATE RELEASE New five-level, 113,000-square-foot outpatient facility in Newnan will support Piedmont Newnan Hospital in bringing a full complement of healthcare services to the growing southwestern Metro Atlanta region NEWNAN, Ga., and CHICAGO, Oct. 16, 2019 – MBRE Healthcare, one of the nation’s largest private owners of healthcare properties, broke ground Sept. 16 for […]
People & Companies: Shane Seitz returns to Ventas
After more than a year with CBRE, he’s back sourcing investments for the REIT By John B. Mugford CHICAGO – Anyone who has seen Shane Seitz participate in, or moderate, a panel discussion during one of the healthcare real estate (HRE) sector’s frequent conferences knows that the 20-year industry veteran has a quick, humorous wit […]
News Release: 101k SF Healthcare Facility in Plano, TX Hits the Market
Cushman & Wakefield Representing Owner in Sale of 101,000-SF Healthcare Facility in Plano, Texas Unique Single-Tenant, Net-Leased Asset Will House Both Inpatient and Outpatient Services CHICAGO, Oct. 15, 2019 – Cushman & Wakefield’s U.S. Healthcare Capital Markets team is representing Dallas-based Cawley Partners in the sale of a 101,608-square foot (sf), three-story, Class-A healthcare facility […]
News Release: Capital Square 1031 Completes DST Offering of a Medical Portfolio in Southern California
Each property is 100 percent leased on an absolute triple net basis LOS ANGELES (Oct. 15, 2019) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today that CS1031 So Cal MOB, DST, comprised of three medical facilities located in Pasadena, Rancho Mirage and Azusa, California, has been fully subscribed […]
News Release: Flagship Healthcare Properties Fully Leases Medical Office Building in Charlotte, North Carolina
NEWS RELEASE FOR IMMEDIATE RELEASE CHARLOTTE, N.C. (October 15, 2019) – Flagship Healthcare Properties (Flagship) has secured two leases for its medical office building (MOB) at 1900 Scott Avenue that return it to 100% occupancy. Located […]
News Release: Montecito Promotes Gudnyy to SVP of Investments
FOR IMMEDIATE RELEASE October 11th, 2019 Nashville, Tenn. — Montecito Medical, the nation’s leading privately held acquirer of medical real estate, announced today that it has promoted Rus Gudnyy to Senior Vice President – Investments, effective immediately. In his new position he will continue to be directly involved in all aspects of the acquisition process including […]
News Release: LaSalle Acquires Partial Interest in Illumina World Headquarters and Life Sciences Campus in San Diego
SAN DIEGO and CHICAGO – LaSalle Investment Management (“LaSalle”) announced that it has acquired partial interest in the world headquarters and life sciences campus of Illumina (Nasdaq: ILMN), a global leader in DNA sequencing and array-based technologies. LaSalle made the investment on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”) […]
News Release: Meridian Sells Cotton Medical Center in Los Angeles County
FOR IMMEDIATE RELEASE: With more than 500,000 SF currently in development/redevelopment and another 500,000+ SF in the pipeline, Meridian is aggressively pursuing more value-add general and medical office opportunities throughout California and the Pacific Northwest NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to […]