News Release: HCP to Acquire a Trophy Life Science Property in West Cambridge
IRVINE, Calif., Sept. 9, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) announced today that it executed a definitive agreement to acquire, for $332.5 million, a 224,000 square foot, LEED Gold® laboratory building located at 35 CambridgePark Drive, which is expected to close in December 2019. The property is being purchased from The Davis Companies and Invesco Real Estate (“Invesco”). 35 […]
News Release: Justin Skiver Named Global Head of Seniors Housing
TOLEDO, Ohio, Sept. 9, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Justin Skiver has been named Senior Vice President (“SVP”), Global Head of Seniors Housing. Mr. Skiver has been with the Company since 2009 and most recently served as SVP, International, having relocated to lead the London office in 2018. Previously, Mr. Skiver served as SVP, Underwriting where he was responsible […]
News Release: Anchor Health Properties Significantly Expands its Huntsville MSA Presence
FOR IMMEDIATE RELEASE September 09, 2019 Anchor Health Properties Significantly Expands its Huntsville MSA Presence Through the Acquisition of a Large Off Market Portfolio of On Campus Medical Office Buildings (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 invested […]
News Release: Newmark Knight Frank Continues to Grow Global Healthcare Services Platform; Hires Industry Veterans Miele and Nero
New York, NY (September 6, 2019) — Newmark Knight Frank (NKF) is pleased to announce the addition of two commercial real estate veterans to its Global Healthcare Services (GHS) practice group, Jay Miele and John Nero, joining as Senior Managing Director and Managing Director, respectively. Miele and Nero will specialize in advising health systems, developers […]
News Release: Optimal is Expanding Across State Lines
Optimal Outcomes Bringing a Unique Approach to Baton Rouge 17,000 SF Cancer Center As one of the most active and sought-after developers of medical office and medical-related projects along the Gulf Coast, Optimal Outcomes was approached by American Oncology Network and Hematology/Oncology Clinic (HOC) in Baton Rouge, LA to develop a 17,000 SF cancer center. […]
News Release: Colliers International Appoints Industry Veteran to Lead Healthcare Services
Shawn Janus Joins Firm as National Healthcare Director CHICAGO, Sept. 05, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced that Shawn Janus has joined the company as U.S. National Healthcare Director. In his new role, Janus will lead Colliers U.S. Healthcare Services with […]
News Release: Just Closed – Final Property in the New York State Medical Office Portfolio
Jacobson Properties and Pyramid Brokerage Company of Binghamton announce the sale of the Benedictine Cancer Center, Kingston, New York – The final property in the $58.6 million New York State Medical Office Portfolio August 22, 2019 (Kingston, New York) Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to […]
News Release: Tim McHugh Named Welltower’s Chief Financial Officer
NEWS PROVIDED BY Welltower Inc. Sep 04, 2019, 16:15 ET TOLEDO, Ohio, Sept. 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Tim McHugh has been named Senior Vice President, Chief Financial Officer. Mr. McHugh has been with the Company since 2016 and most recently served as Senior Vice President, Corporate Finance. “Since joining us in 2016, Tim has […]
News Release: Just Closed – 3rd Street Medical Center
JUST CLOSED 3RD STREET MEDICAL CENTER Los Angeles, CA Sale Date: 8/22/2019 Property Size: 147,078 SF Occupancy: 90% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the 3rd Street Medical Center (the “Property”), located in Los Angeles, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Sabrina Solomiany and Shane Seitz partnered with Angie […]
News Release: $12,100,000 Medical Office Building Sale
Fairfield Advisors announces sale of Medical Office Building Portfolio in Colorado Springs, Colorado – $12,100,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Colorado Center for Orthopedic Excellence Medical Office Buildings. The MOBs are located at 2430 and 2446 Research […]
News Release: Faith Regional Health Services Medical Offices South
Project Summary Project Type: Healthcare Medical Office City: Norfolk State: NE Size: 130,000 Architect: Avant Architects Faith Regional Health Services Medical Offices South Sept. 1, 2019 — Darland is under construction on a four-story, 130,000-square-foot medical office building in Norfolk, Nebraska. The Faith Regional Health Services (FRHS) South Medical Office will bring together multiple practices […]
News Release: Just Sold – Value-Add Medical Office Project Trades for $4.1M in Redlands, CA
Terracina Medical Office Campus Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Terracina Medical Office, a 5-building project located at 345-395 Terracina Boulevard and 1619/1623 Laurel Avenue in Redlands, California. The multi-tenant project, totaling 16,765 square feet, transacted at a gross price of $4,100,000 ($245 PSF) and was 56% […]
News Release: MOB Joint Venture Closing
$22MM | Joint-Venture Equity and Promote Crystallization Cadence Worked on behalf of a national developer of medical office projects to secure a JV equity partner who provided the equity through construction and structured a synthetic sale at stabilization. This allowed the developer to realize their promote and maintain ongoing ownership In the project. Michael Bennett […]
News Release: Healthcare Trust of America, Inc. Announces $200 Million in New Developments and Acquisitions
NEWS PROVIDED BY Healthcare Trust of America, Inc. Aug 30, 2019, 09:00 ET SCOTTSDALE, Ariz., Aug. 30, 2019 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA or the “Company”), announced investment activity of over $200 million in new development projects and acquisitions since June 30, 2019. These include the announcement of two on-campus medical office building (“MOB”) developments with total investments of approximately $85 to […]
News Release: Stockdale Capital Partners Completes Sale of Iconic Medical Office Building in Downtown Los Angeles
FOR IMMEDIATE RELEASE Stockdale Capital Partners Completes Sale of Iconic Medical Office Building in Downtown Los Angeles LOS ANGELES – August 28, 2019 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based real estate investment manager, confirmed the sale of the 147,078 square foot 3rd Street Medical Center, located at 2100 West 3rd Street in the […]