Cornerstone Companies, Inc. Completes Purchase of Lakeview
Indianapolis, IN – January 27, 2016 – Cornerstone Companies, Inc. recently announced the closing on Lakeview Medical Office Plaza, located in the 9000 block of North Meridian Street in Indianapolis, Indiana. The plaza is the latest purchase by the company, which continues to rapidly expand its portfolio of owned and managed medical office buildings, both locally […]
News Release: Winnie Fritz Appointed to Rendina Healthcare Real Estate’s Advisory Board
JUPITER, Fla., Jan. 27, 2016 – Rendina Healthcare Real Estate is pleased to announce the appointment Winnie Fritz its Advisory Board. Ms. Fritz has held positions as a CEO, Chief Clinical Officer, and Chief Nursing Officer in a variety of U.S. and international hospitals and healthcare organizations including for-profit & non-profit care providers. She was […]
News Release: Avison Young completes sale of 70,000-sf core medical office portfolio in active Chicago market
Quadrangle sells two multi-tenant, well-leased buildings in prime Naperville, IL location Chicago, IL – Avison Young announced today that it has negotiated the sale of a two-building, 70,000-square-foot (sf) core medical office portfolio in Chicago’s growing western suburban healthcare market. Avison Young Principals Erik Foster and Mike Wilson, who lead the firm’s capital markets team […]
News Release: Prime Healthcare Services, Inc. Announces Closing of $700 Million Financing Transaction
ONTARIO, Calif., Jan. 26, 2016 /PRNewswire/ — Prime Healthcare Services, Inc. (“Prime”) today announced that it has closed a $700 million senior secured credit facility (“Facility”) lead jointly by Wells Fargo Bank, N.A. (“Wells Fargo”) and Barclays Bank, PLC (“Barclays”) The Facility, which was increased from its original amount due to strong demand, is comprised […]
News Release: Just Closed – The Swan Building
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of The Swan Building in Alpharetta, Georgia. Sale Date: January 15, 2016 Sale Price: $8,500,000 Price PSF: $189 Building Size: 44,893 SF Year Built: 2000 Occupancy: 71.5% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of The Swan Building […]
News Release: HDR Selected to Design the New Rhine Ordinance Barracks (ROB) Medical Center Replacement (MCR) in Germany
Omaha, NE – HDR has been selected by the German government Landesbetrieb Liegenschafts- und Baubetreuung Weilerbach (LBB) to design the new Rhine Ordinance Barracks (ROB) Medical Center Replacement (MCR) project adjacent to the Ramstein US Air Force Base in Germany. The team will work with the LBB, the US Army Corps of Engineers and with […]
News Release: Morgan / Harbour Completes New Medical Office Building for Presence Health Group
(Woodridge, Ill.) – Morgan / Harbour is pleased to announce that the firm completed a new ground-up, 25,000 square foot medical office building for Presence Health. The new Presence Healing Arts Pavilion is located at 16615 S. Route 59 in Plainfield, Illinois. Irgens Partners, LLC is the project developer and owner of the new facility. […]
News Release: Brackett Flagship Properties Expands Footprint in Eastern Tennessee
Flagship Healthcare Real Estate Fund Acquires Parkside Medical Plaza in Knoxville, Tennessee January 21st, 2016 – Flagship Healthcare Real Estate Fund is pleased to announce its acquisition of Parkside Medical Plaza in Knoxville, Tennessee. Parkside sits in the heart of Knoxville’s affluent suburb of Farragut. The prominent building’s central location in the Turkey Creek development […]
News Release: Heitman-NexCore acquires ‘trophy’ medical office building in Seattle
The First Hill Medical Pavilion is a newly constructed, Class-A, fully leased building, 65% by Swedish Medical Center SEATTLE and DENVER, Jan. 21, 2016 – Heitman LLC, a multi-national real estate investment management firm, and NexCore Group LLC, a top-ranked national healthcare real estate firm, have acquired the First Hill Medical Pavilion, a Class A, […]
News Release: Bradley Company Names Jim Logan Director of Property Management
South Bend, IN – January 21, 2016 – Bradley Company is pleased to welcome Jim Logan, CPM, Director of Property Management for its Central Indiana region. With a commercial real estate career spanning more than 30 years, Logan brings a wealth of experience in property management and excels in sales, operations and leadership. He will […]
News Release: Clara Maass Medical Center Celebrates With Beam Signing Ceremony
BELLEVILLE, N.J., Jan. 20, 2016 – A beam signing ceremony was held recently to commemorate another construction milestone of the new 87,000 square foot expansion to Clara Maass Medical Center. Representatives from Barnabas Health, Rendina Healthcare Real Estate and city officials gathered to celebrate this benchmark and sign a beam that was later integrated into […]
News Release: Frauenshuh HealthCare Real Estate Solutions unveils new corporate name
Moving forward, the company will be known as MedCraft Healthcare Real Estate, LLC MINNEAPOLIS (Jan. 20, 2016) – Frauenshuh HealthCare Real Estate Solutions – a national leader in the development, financing and management of ambulatory care and medical office buildings – announced a new corporate name to more precisely reflect the services it provides to its […]
News Release: Sands Investment Group Closes Two MOB Net Lease Transactions
Santa Monica, CA (January 19, 2016) – Sands Investment Group, (SIG), one of the fastest growing net lease firms in the nation, has announced the net lease sale of two Pennsylvania medical office buildings located in the cities of Whitehall and Bethlehem. The transactions include: The $4,415,658 million sale of a 22,742-square-foot, three-tenant medical office property […]
Cypress West Partners Awarded Management Assignment for NV Medical Office Campus
Orlando-based CNL Healthcare Properties has awarded Cypress West Partners with the management assignment for a three-building, 140k sf medical office campus in Henderson, NV. The properties, located at 2825-2865 Siena Heights Dr, just south of the intersection of Saint Rose Pkwy and Eastern Ave, are 80 percent occupied. Major tenants in the buildings include Dignity […]
News Release: MSP Commercial hires RJM Construction for Eagan Project
Plans to break ground in Spring MINNEAPOLIS (January 19, 2016) — RJM Construction, a Minneapolis-based general contractor, has been selected by MSP Commercial to build their new 90,000 sq.-ft. medical center in Eagan. RJM Construction has also been selected by Summit Orthopedics for the interior construction of the clinic and surgery center. The three-story building […]
