News Release: Museum District Tower to undergo $10 million renovation
(JULY 13, 2017 – HOUSTON) – Transwestern today announces that Museum Medical Tower is undergoing a $10 million renovation. The 177,476-square-foot medical office tower is on the north side of the Texas Medical Center at 1213 Hermann Drive. HCP Inc., the building owner, engaged Cassetty Architecture out of Hendersonville, Tennessee, to create a design that […]
News Release: Bristol Hospital Selects Rendina to Develop Downtown Ambulatory Care Center
BRISTOL, Conn., and JUPITER, Fla., July 12, 2017 – The intersection of Main Street and Riverside Avenue in downtown Bristol will be the future home of Bristol Hospital’s 60,000-gross-square-foot Ambulatory Care Center (ACC). After receiving proposals from developers around the country, Jupiter, Fla.-based Rendina Healthcare Real Estate was selected to be the hospital’s partner to […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $21.4 Million Credit Facility for a Joint Venture advised by Heitman Capital Management and managed by Montecito Medical Operating Company.
BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a $21.4MM term loan for a Joint Venture arranged by Heitman Capital Management, LLC and managed by Montecito Medical Operating Company. The BMO loan provided financing for the acquisition of a medical office building […]
News Release: Healthcare Trust of America Closes Over $2.6 Billion in 2Q Investments and Raises $2.9 Billion of Capital
Company Release – 7/12/2017 9:59 AM ET SCOTTSDALE, Ariz., July 12, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest owner and operator of medical office buildings in the United States, announced that during the second quarter, it had closed investments totaling over $2.6 billion including 93 properties aggregating 6.2 million square feet. Approximately 91% […]
News Release: Lillibridge Healthcare Services’ Ian Hughes receives BOMA leadership award
Lillibridge Healthcare Services’ Ian Hughes named BOMA 2017 ‘Southern Region Member Of The Year’ for Leadership in the association and the commercial real estate industry The company’s Senior Vice President of Property Management and Leasing was lauded for BOMA Georgia’s historically high event attendance, record membership numbers and a leadership training program that is fostering […]
News Release: Construction begins on new Riverside Medical Office Building
In order to provide the best care possible to our members and the community, Kaiser Permanente is building a brand-new, state-of-the-art medical office building to replace our current Riverside Medical Office Building. When complete, the new 210,000-square-foot building will include nearly double the number of provider offices, a larger pharmacy, a larger laboratory, and expanded […]
News Release: Anchor Health Properties Announces Acquisition of Denver Medical Office Portfolio
FOR IMMEDIATE RELEASE July 10, 2017 Contact: Emily Kanter, Maven Communications, ekanter@mavenagency.com, 215-434-7195 (Philadelphia, PA)- Anchor Health Properties, a national full service leasing, management, development, and investments firm focused on healthcare real estate, is pleased to announce the acquisition of a portfolio of three Class A medical office assets in metro Denver, Colorado on June 15th. The acquisition […]
News Release: Montecito Medical Acquires Utah Portfolio
NASHVILLE, TENN., July 7th, 2017 — Montecito Medical Real Estate, one of the largest privately held firms in the country devoted exclusively to medical real estate, has acquired the 105,592-square foot Ogden Clinic Portfolio. Ogden Clinic is a dominant multi-specialty provider in the Southwest Mountain region. The Class-A portfolio is comprised of four properties which […]
News Release: Avison Young negotiates sale of Forest Glen Medical Office Building in Silver Spring, MD
For Immediate Release Thursday, July 6, 2017 Washington, DC – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of Forest Glen, a 62,379-square-foot (sf) class A medical office building located on the campus of […]
News Release: Marcus & Millichap Arranges Sale of 18,708 Square Foot Medical Office Building
RIVERVIEW, FL, July 5, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Bay Area Physicians Surgery Center, an 18,708 square foot medical office property located in Riverview, Florida, according to Ari Ravi, regional manager of […]
News Release: Blue Moon Capital Partners Acquires Off-Market Senior Housing Community
Boston, MA (June 30, 2017)—Blue Moon Capital Partners LP (“Blue Moon”), a leading senior housing private equity investor, announced today that it has acquired a majority interest in The Carillon at Boulder Creek (“The Carillon”), a 117- unit senior living community located in Boulder, Colorado adjacent to the University of Colorado campus. Blue Moon replaced […]
News Release: Just Sold – 2690 Pacific Avenue Long Beach, California
Transaction Summary CBRE’s Investment Properties SoCal team is pleased to announce the sale of 2690 Pacific Ave located in Long Beach, CA at a price of $6,575,000 ($250 / SF). The 26,293 SF medical office building was 91% leased to 8 tenants and is located adjacent to the renowned Long Beach Memorial Medical Center. Gary […]
News Release: A M King Starts Multi-Tenant Medical Office Building in Steele Creek
Charlotte, NC—A M King, a fast-growing Design-Build firm, announced that it has begun construction of a new medical office building at the intersection of Steele Creek and S. Tryon St. The two-story building is a joint venture between The Keith Corporation and Sports Med Properties, LLC. and will comprise roughly 24,000-square-feet. The building is being […]
News Release: Longtime San Antonio building/ infrastructure professional joins forces with nation’s leading healthcare facility developer
SAN ANTONIO, TEXAS, June, 29, 2017 – Alvaro Rizo-Patron has recently joined Hammes, the nation’s leading provider of healthcare building strategies, as the new Regional Vice President for the company’s growing Texas market. Mr. Rizo-Patron has been involved in many of San Antonio’s most important capital projects, including the San Antonio Airport Expansion, Bexar County […]