Breaking News

News Release: New Vision, New Leader for FKP Architects’ Dallas Office

Former UT Southwestern Director of Planning and Design Holly Ragan will bring client perspective to practice DALLAS, TX, May 22, 2015 – “I have walked a mile in your shoes” may be the mantra of Holly Ragan, the new Managing Principal for the Dallas office of FKP Architects. Ragan rejoins the firm after serving 8.5 […]

News Release: Metalwërks Project – Nemours/Alfred I. duPont Hospital for Children

Project: Nemours/Alfred I. duPont Hospital for Children Project Details: Location: 1800 Rockland Road Wilmington, DE 19803 Facility Size: 450,000 SF Product Size: 87,400 SF Budget: $256 Million Contract Amount: $4 Million Completion Date: October 2014 Metal Installer: Metalwërks Metal Specs: Metalwërks® Custom 3D Glazing Panels supplied to CW Installer, Exterior Walls: Metalwërks® Arcwall ACM DBV System, Metalwërks® Metal-Lok […]

FKP Architects hires Jon Franklin in Houston

FKP Architects hires Jon Franklin in Houston

FKP Architects adds project veteran for Texas Children’s Hospital Expansion: Jon Franklin rejoins FKP as Senior Vice-President HOUSTON, TX, May 20, 2015 – FKP Architects is pleased to announce Jon Franklin has rejoined the firm as Senior Vice-President and Senior Architect. He will manage FKP’s team producing construction documents for the shell and core of […]

News Release: Rendina Acquires On-Campus MOB in San Antonio

News Release: Rendina Acquires On-Campus MOB in San Antonio

San Antonio, Texas, and Jupiter, Fla., May 20, 2015 – Rendina Healthcare Real Estate has acquired Physicians Plaza II, a 63,905-square-foot medical office building on the campus of the Methodist Specialty & Transplant Hospital (MSTH) in San Antonio. The facility is located within the 900-acre South Texas Medical Center, one of the nation’s largest healthcare […]

News Release: $131 Million Office Building Sold by Marcus & Millichap in Chicagoland

News Release: $131 Million Office Building Sold by Marcus & Millichap in Chicagoland

$131 Million Medical Office Building Portfolio Sold by Marcus & Millichap CHICAGO, May 20, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a nine-building, 401,428-square-foot medical office portfolio. The portfolio sold for $131 million. The portfolio is […]

News Release: Just Closed - Pinnacle Orthopaedics Medical Office Building - Marietta

News Release: Just Closed – Pinnacle Orthopaedics Medical Office Building – Marietta

Sale Summary The U.S. CBRE Healthcare Capital Markets Group acted as the advisor for the sale of the Pinnacle Orthopaedics Medical Office Building in Marietta, Georgia. The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Pinnacle Orthopaedics Medical Office Building in Marietta, Georgia for $13,050,000 or $320 per square […]

News Release: MB Real Estate Healthcare Group and McWhirter Realty Partners Break Ground on 30,000 SF Medical Office Building in Conyers Medical Park

Rockdale Medical Center is Lead Tenant ATLANTA, Ga., May 19, 2015 – McWhirter Realty Partners, a comprehensive real estate services firm offering brokerage, property management and development service, along with MB Real Estate Healthcare Group, today announced they have broken ground on the second medical office building in the Conyers Medical Park. McWhirter Realty Partners […]

News Release: The Sanders Trust Acquires $12M Medical Building

News Release: The Sanders Trust Acquires $12M Medical Building

The Sanders Trust Enters 20th State, Acquires New $12M Facility in New York Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala., has acquired a new $12M cancer center located near Albany, N.Y. in Clifton Park. This property is the first New York acquisition for TST, […]

News Release: Urban Land Institute – Millennials Not Living in Downtowns, But in More Affordable Neighborhoods

Young, Hip and Not Living It Up In the City: New Urban Land Institute Report Shows Gen Y Living Frugally In More Affordable Locations, Sharing Housing With Friends, Family HOUSTON (May 13, 2015) – New research sponsored by UDR, Inc. and published by the Urban Land Institute (ULI) shows that contrary to popular belief, most Millennials are not living the high life in the downtowns of large […]

News Release: Array Welcomes Fady Barmada, Practice Leader of Asset Advisory Services

News Release: Array Welcomes Fady Barmada, Practice Leader of Asset Advisory Services

Array Architects is pleased to announce that Fady Barmada, AIA, LEED AP, Lean Six Sigma Green Belt, has joined the firm as our Practice Leader of Asset Advisory Services. Fady’s experience analyzing, advising and designing healthcare expansion plans provides Array’s clients with expertise and focus on the rapidly growing field of managing the real estate […]

News Release: Old Orchard Woods - Medical Office – Investment Sale

News Release: Old Orchard Woods – Medical Office – Investment Sale

  Seller:  Development Resources, Inc., Oaktree Capital Management, LLC Buyer:  MB Real Estate Market Reception:  Well received with 15 serious offers. Lack of 100% medical use was a small issue, but NorthShore investment credit and long lease term provided major upside. Competitive Bid Profile:  Public and Private REITs, private equity Property Overview Location: Skokie, IL […]

News Release: HighStreet Net Lease Group Represents Owner in Disposition of Single Tenant Net Leased Asset in Austin

Affordable Dentures medical property sold to out-of-state exchange buyer AUSTIN – May 11, 2015 – HighStreet Net Lease Group, a Texas-based company specializing in the disposition and acquisition of net leased investment properties throughout the United States, recently represented a private group in the disposition of a single tenant net leased (STNL) medical asset located […]

News Release: ARCO/Murray Breaks Ground on New Suncoast Community Health HQ

News Release: ARCO/Murray Breaks Ground on New Suncoast Community Health HQ

ARCO/Murray Construction just broke ground on a new 31,200 square foot facility on 2.2 acres for Suncoast Community Health Centers in Brandon, Florida. They’ve been building several new clinics throughout the area, drastically increasing their footprint, but this location will also serve as their corporate headquarters in addition to providing pediatric dentistry, general pediatrics, pharmacy, […]

News Release: Closing Announcement - $9.25M Medical Office Sale - Fairfield Advisors

News Release: Closing Announcement – $9.25M Medical Office Sale – Fairfield Advisors

  Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale the Medical Office Building located at 2828 E Barnett Road in Medford, Oregon. The Medical Building is located next to Asante Health’s Rogue Valley Hospital. US Oncology, which is a subsidiary of McKesson Corporation, is the anchor tenant […]

News Release: MMCC Arranges $11M in Financing for Medical Office Building

News Release: MMCC Arranges $11M in Financing for Medical Office Building

LOS ANGELES, May 8, 2015 – Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged $11 million in financing for a 75,000-square-foot medical office building in Los Angeles. Sharone Sabar, first vice president capital markets in MMCC’s Encino office, arranged the debt placement. “The […]