News Release: National Triple Net-Leased Healthcare Portfolios Trade
JLL completes $137.6 million sale of Inpatient Rehabilitation Hospitals BOSTON, May 8, 2017 – On behalf of Healthcare Realty Trust, JLL’s Capital Markets experts announce the sale of six Inpatient Rehabilitation Hospitals located in Arizona, Pennsylvania and Texas. In two transactions, affiliates of Global Medical REIT and Carter Validus Mission Critical REIT each purchased three […]
News Release: Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction
Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction to Create a Premier Healthcare REIT May 07, 2017 21:15 ET | Source: Sabra Health Care REIT, Inc. Combined company to have a diversified portfolio of 564 investments across 43 states and Canada Transaction expected to be immediately accretive Credit enhancing to all stakeholders IRVINE, Calif. […]
News Release: MedCraft completes 60,000 square-foot outpatient facility for Ascension Health in Howell, Mich.
MedCraft just completed another major project for Ascension Health. The Ascension Medical Center, a $13.5 million, 60,000 square-foot outpatient facility in Howell, Mich., (outside of Detroit) opened Friday. The new outpatient center will offer primary care services of family practice, internal medicine, obstetrics/gynecology and pediatrics. Specialties include cardiology, pulmonology and audiology. Other services include diagnostic […]
News Release: Catalyst CRE Acquires White-Wilson Real Estate Holdings for $30.3M
Catalyst CRE Acquires White-Wilson Real Estate Holdings (FORT WALTON BEACH, Fla.) May 5, 2017 — Healthcare real estate development firm Catalyst CRE recently acquired the real estate holdings of northwest Florida-based White-Wilson Medical Center. The acquisition-leaseback deal includes 8 buildings and more than 144,000 square feet, purchased for nearly $31.3 million. The facilities will be […]
News Release: Ryan Companies Names New Senior Vice President of North Region
Ryan Companies US, Inc. Promotes Mike Ryan to Executive in Charge of its North Region Minneapolis, MN (May 3, 2017) — Ryan Companies US, Inc. announced today the promotion Mike Ryan to Senior Vice President – North Region Market Leader and executive in charge of its largest business unit (North Region) based in Minneapolis, MN. “Mike […]
News Release: MBRE Healthcare Names Martin SVP of Development
CHICAGO – MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division. MBRE Healthcare is a national, full-service real estate company that acquires, develops, leases, and manages healthcare facilities, along with its affiliated fund manager, ROA Holdings. “We’re very happy to have someone with David’s experience helping lead […]
News Release: Construction Begins on Superior Medical Center in Colorado
Pacific Medical Buildings and Sawtooth Development Group Start Construction on 60,000-Square-Foot Medical Office Building in Superior, CO Superior, CO (May 3, 2017) – Pacific Medical Buildings (PMB) and Sawtooth Development Group, LLC have broken ground on a four-story, 60,000-square-foot medical office building in downtown Superior, Colorado. The new development, Superior Medical Center, includes a four-story, 229 […]
News Release: Dallas: Office/Medical Complex Changes Hands
Office/Medical Complex Changes Hands in Dallas DALLAS, May 2, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Forest Green Office/Medical Complex, a four-building, 173,790-square-foot office complex in Dallas. “The asset was previously listed by multiple […]
News Release: CHI Franciscan Health Receives Certificate of Need (CON) for Harrison Medical Center-Silverdale Expansion
News and Information May 2, 2017 The half-billion dollar investment will transform the quality of care for patients and families across Kitsap County CHI Franciscan Health, a premier health care provider in the Pacific Northwest, announced that the Washington State Department of Health (DOH) approved CHI Franciscan’s Certificate of Need (CON) requesting regulatory approval to […]
News Release: Institutional Property Advisors Brokers $10.65 Million Sale of Single-Tenant Medical Office Building in Rural Kentucky
POWDERLY, Ky., May 2, 2017– Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of a 56,500-square-foot, single-tenant medical office building in Powderly, Ky., for $10.65 million. Located at 1010 Medical Center Drive, the facility will continue to operate as a […]
News Release: The Sanders Trust Expands Footprint into 22nd State with $21 Million Acquisition in Maryland
BIRMINGHAM, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has completed the $21 million acquisition of a Class A medical center in Hagerstown, Maryland. The deal marks the expansion of The Sanders Trust footprint into its 22nd state. The Parkway Professional Center is a 71,000-square-foot ambulatory care center located on […]
News Release: Bradley Company Promotes Market Leaders to Managing Directors in their Indianpolis, Grand Rapids and Fort Wayne offices
Indianapolis & Fort Wayne, IN and Grand Rapids, MI – May 1, 2017 – Bradley Company is pleased to announce our three Market Leaders; Tom Deitche, Sally Tucker and Jim Logan have been promoted to Managing Director for each of their respective offices in Fort Wayne, IN; Grand Rapids, MI; and Indianapolis, IN. Each of […]
News Release: Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion
Creates the Dominant Medical Office Platform with Significant Scale in Key, Gateway Markets Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it entered into a definitive […]
News Release: Duke Realty to sell medical office business to Healthcare Trust Of America for $2.8 billion
Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT INDIANAPOLIS, IN — (Marketwired) — 05/01/17 — Duke Realty Corporation (NYSE: DRE) (the “Company”) entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical […]
News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project
Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]