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, […]
News Release: Closing Announcement – New Orleans – $10.5M Medical Office Sale – Fairfield Advisors
Fairfield Advisors announces successful closing of Napoleon Medical Building in New Orleans, LA. – $10,500,000 Sale – Denver CO & New Orleans LA (December 19, 2014)- Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Napoleon Medical Building located at 2633 Napoleon Avenue in […]
News Release: GE Capital Agents $500 Million Credit Facility for Brookdale Senior Living
BETHESDA, Md., Dec 22, 2014 (BUSINESS WIRE) — GE Capital’s Healthcare Financial Services (HFS) business announced today that it has agented a $500 million credit facility for Brookdale Senior Living Inc. HFS is administrative agent and GE Capital Markets is sole lead arranger on the transaction. The funds may be used to finance acquisitions, to […]
News Release: Baptist Health System Signs Letter of Intent with Tenet Healthcare
Companies begin exclusive non-binding discussions to form new joint venture to provide care in central Alabama BIRMINGHAM, Ala. – Dec. 15, 2014 – Baptist Health System today announced that it has signed an exclusive, non-binding Letter of Intent (LOI) with a subsidiary of Tenet Healthcare Corporation (NYSE: THC), the parent company of Brookwood Medical Center, […]
News Release: NGKF Global Healthcare Services Negotiates Sale of Columbus Regional Healthcare System Medical Office Portfolio
Atlanta (December 2014)—Newmark Grubb Knight Frank (NGKF) Global Healthcare Services has negotiated the sale of the Columbus Regional Healthcare System (CRHS) medical portfolio, which comprises 12 medical office buildings located in Columbus, Ga., and one medical office property in Phenix City, Ala. Physicians Realty Trust (NYSE:DOC), a self-managed healthcare real estate investment trust (REIT), purchased […]
News Release: Berkeley Investments Taps Transwestern | RBJ To Lease Vacant Building Near Boston Medical Center
801 Albany St. in South End Ideal for Office, Medical Office Users (December 19, 2014 – Boston) – Transwestern | RBJ today announces the firm has been hired by Berkeley Investments Inc. as the exclusive leasing agent for 801 Albany St., a 42,000-square-foot, brick-and-beam building located in Boston’s South End neighborhood. The four-story building formerly […]
News Release: JLL Drives Growth with Capital Markets Hire in Mid-Atlantic
Paul Spellman joins firm as Senior Vice President WASHINGTON, D.C., Dec. 18, 2014 – To drive further growth in its overall Capital Markets business, JLL today announced the firm is expanding its Mid-Atlantic platform with the addition of Paul Spellman as a Senior Vice President. Spellman, based in the Washington, D.C. office, will have a […]
