News Release: TARZANA- OFFICE BUILDING TRADES FOR $28.65 MILLION
$28.65 MILLION SAN FERNANDO VALLEY MEDICAL OFFICE BUILDING SALE ARRANGED BY MARCUS & MILLICHAP TARZANA, Calif., Jan. 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 the Tarzana Professional Center, a 160,345-rentable-square-foot office campus in Tarzana, […]
News Release: Griffin-American Healthcare REIT III Completes Property Acquisitions Totaling More Than $340 Million
Fast-growing real estate investment trust discloses additional $530 million in pending acquisitions IRVINE, Calif. (Jan. 16, 2015) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT recently completed the acquisition of 19 healthcare properties for an aggregate purchase price of approximately $340 million. […]
News Release: Just Closed-Stanly Regional West Medical Center
CBRE is pleased to announce the sale of the Stanly Regional West Medical Center in Locust, North Carolina for $7,525,000 or $359 per square foot. Lee Asher and Chris Bodnar of CBRE’s Healthcare Capital Markets Group teamed with Frank Larsen in the North Carolina market as the Seller’s exclusive advisor. Built in 2008, the Stanly Regional West Medical Center is […]
News Release: Just Closed- Children’s at North Druid Hills MOB
Sale Date: December 23, 2014 Sale Price: $6,300,000 Price PSF: $161 Building Size: 39,185 SF Year Built: 1986 Occupancy: 100% CBRE is pleased to announce the sale of Children’s at North Druid Hills MOB in Atlanta, Georgia for $6,300,000 or $161 per square foot. Lee Asher and Chris Bodnar of CBRE’s Healthcare Capital Markets Group […]
News Release: UC Merced Selects Three Teams to participate in 2020 Project RFP
Quick Facts • Three multi-faceted development teams have been shortlisted to submit proposals for next major phase of campus construction. • The three successful teams emerged through a Request for Qualifications (RFQ) process. • The teams now enter the Request for Proposals (RFP) phase, with proposals expected in late 2015. MERCED, CA – The University […]
News Release: Reed Construction to Complete Addition for Cadence Health in Western Suburbs
REED CONSTRUCTION TO COMPLETE REMODEL/ADDITION FOR CADENCE HEALTH CHICAGO – Reed Construction is pleased to announce that the firm has been selected to complete a 15,000 square foot renovation and addition for Cadence Health-Central DuPage Hospital at 25 N. Winfield Road in Winfield, Illinois. The project for Cadence Health features an addition to the existing […]
News Release: Johnson Development Awarded Build-To-Suit Lease For New Savannah, GA Veteran’s Affairs Medical Facility
BIRMINGHAM, Ala. (January 7, 2015) – Johnson Development has been awarded the lease to develop a new VA medical facility in Savannah, GA. When complete, this new 69,000 square foot state-of-the-art healthcare clinic will replace the existing 25-year-old VA clinic. According to the Senior Vice President of Federal Property Development, Derek Weaver, Johnson Development will […]
News Release: Akron General, Rendina to Partner on National Health & Wellness Campaign
AKRON, Ohio, Jan. 8, 2014 – The successful partnership between Akron General and Rendina Healthcare Real Estate, one that produced the 140,000-square-foot Health & Wellness Campus in Green, Ohio, is poised to expand across the nation. Building on the industry’s gravitation toward consolidated and preventative services, Akron General has created a new subsidiary to expand […]
News Release: Carter Validus Mission Critical REIT II Acquires $6,254,000 Integrated Medical Facility Property
Carter Validus Mission Critical REIT II, Inc. (“CVMCR II”) announced that it acquired the Winston-Salem North Carolina Integrated Medical Facility (“IMF”) property for $6,254,000. This property, which measures approximately 22,200 square feet in net rentable area, is located in Winston-Salem, North Carolina. The facility is also within close proximity to the region’s two largest hospitals […]
News Release: Just Closed – 32,992 SF Professional Office Building in Cincinnati, Ohio
Red Bank Professional Office Building Property Type: Medical Office Sale Date: December 14, 2015 Sale Price: $10,610,000 Price PSF: $322 Building Size: 32,992 SF Year Built: 2001 Occupancy: 100% The transaction included the investment sale of Red Bank Professional Office Building located in Cincinnati, Ohio. The JLL Healthcare Capital Markets Group is pleased to announce the […]
News Release: Transwestern to lease 29,000 SF medical office development
(JANUARY 6, 2015 – HOUSTON) – Transwestern’s Houston headquarters today announces it has been awarded the leasing assignment by Mischer Investments, LP for Cypress Creek Lakes, a 29,000-square-foot medical and office development that will be located in Cypress, just northwest of Houston. Construction will commence at 19414 Cypress N. Houston Road when the project is […]
News Release: Paradise Valley Medical Plaza in Phoenix Sold in $28.3 Million Transaction
Plaza Companies Will Continue to Provide Leasing, Construction & Property Management For Class-A Facility on Paradise Valley Hospital Campus PHOENIX, Arizona (December 31, 2014) — Plaza Companies and USAA Real Estate Company have sold a signature medical office building in Phoenix to American Realty Capital Healthcare Trust in a $28.3 million transaction. Paradise Valley Medical Plaza, an […]
News Release: Accretive Realty Sells La Quinta Medical Center for $25 Million
Transaction Marks NGKF Global Healthcare Services’ Fourth Medical Office Sale for the Orange County-Based Investment Firm in 12 Months La Quinta, Calif.—Newmark Grubb Knight Frank (NGKF) Global Healthcare Services completed the $25 million sale of La Quinta Medical Center in Riverside County, Calif., on behalf of Accretive Realty Investment, LLC (Accretive Realty). The buyer was […]
News Release: Omega Communities Expands Southwest Florida Footprint
New Assisted Living & Memory Care Community to Add More Than 300 Jobs by 2016 Opening FORT MYERS, FLORIDA – December 23, 2014 – Omega Communities, a Birmingham, Alabama-based senior living developer, announced today that it has acquired a nine-acre site at the intersection of Daniels Parkway and Six Mile Cypress Parkway in Fort Myers, […]
