News Release: Marcus & Millichap Names Alan L. Pontius National Director, Specialty Divisions
CALABASAS, Calif., April 25, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced that Alan L. Pontius, a senior vice president, has been named national director of the firm’s specialty divisions. Pontius, an industry veteran, joined Marcus & Millichap […]
News Release: Montecito Medical Acquires Two Class A Medical Office Buildings in Johnson City
NASHVILLE, TN (April 25, 2016) – Montecito Medical, a premier owner of medical office buildings throughout the U.S., announced that it recently acquired two Class A medical office buildings, located in the “Med Tech Corridor” of Johnson City, TN that serves as a regional medical center for northeast Tennessee and southwest Virginia. The properties sit […]
News Release: The Missner Group Completes Build-Out in Glenview for Illinois Bone & Joint Orthoaccess
(Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has completed a medical office build-out on behalf of Illinois Bone & Joint Institute (IBJI) OrthoAccess located at 2401 Ravine Way in Glenview, Illinois. IBJI OrthoAccess is a walk-in clinic designed to treat injuries such as fractures, sprains, strains, work and […]
News Release: Just Closed – Emerson Medical Building
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Emerson Medical Building. Sale Date: March 24, 2016 Price: $14,250,000 Price Per SF: $364 Building Size: 39,184 SF Year Built: 1989, Fully Renovated 2013-2015 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale […]
News Release: NGKF Healthcare Duo Talbot and Morgan Named 2016 Arizona Sales Brokers of the Year
Phoenix, AZ (April 14, 2016) –Newmark Grubb Knight Frank (NGKF), announces that Trisha Talbot, CCIM, and Kathleen Morgan, CCIM, both managing directors and a part of the firm’s Global Healthcare Services platform, were awarded the AZRE Sales Broker of the Year 2015. The healthcare-focused team received the covetous award for the completion last August of […]
News Release: Duff & Phelps Strengthens Healthcare M&A Team
Appoints Eric Coburn Managing Director New York, April 13, 2016 – Duff & Phelps, the premier global valuation and corporate finance advisor, announced that Eric Coburn has joined the firm as a managing director in the Healthcare M&A Advisory Practice. Eric has more than 25 years of experience in the healthcare sector working with payors […]
News Release: Downtown Orlando Medical Office Building Brings $10.6 Million
ORLANDO, Fla., April 13, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of Lake Lurna Professional Center, a 45,458-rentable-square-foot medical office property in downtown Orlando. The asset sold for $10.6 million. “The property has been substantially […]
News Release: Meadowcrest MOB – Closing Announcement
Holliday Fenoglio Fowler, L.P. (“HFF”) exclusively represented the Seller on Meadowcrest MOB, a strategic and mission critical medical office building located in Gretna, Louisiana. Investment Highlights 95% occupied On the campus of Ochsner Medical Center – West Bank Campus (180-beds) and connected via a covered walkway. Fee Simple Ownership; No restrictions Investment-grade credit health system, […]
News Release: Baptist Health opens new freestanding pediatric and adult emergency center at St. Johns Town Center
Jacksonville, Fla., April 11, 2016 – With the demand for emergency services continuing to grow, Baptist Health on Tuesday, April 12, is opening a new freestanding emergency center, Baptist Emergency Town Center. The new 16-bed emergency center at the St. Johns Town Center, 4085 Town Center Parkway, near the intersection of Interstate 295 and Town […]
News Release: Duke Realty’s Sharon Lleva-Carter to speak at Chicago & Midwest Healthcare Real Estate Summit
Vice President and panel will explore the topic ‘Financing for and Investment in the Regional Healthcare Real Estate & Medical Facilities Marketplace’ CHICAGO and INDIANAPOLIS, April 8, 2016 – Indianapolis-based commercial real estate developer Duke Realty announced that Sharon Lleva-Carter, Vice President, Business Development, will serve as an expert panelist at the Third Annual Chicago […]
News Release: Opus Deepens Phoenix Team with 20-Year Industry Vet
Slack Brings Development Experience to Southwest Market Opus is proud to welcome Dustin Slack to our team as vice president of real estate development. Dustin has 20 years of development experience with primary focus on multifamily and senior housing properties. Dustin will work on new development opportunities throughout the southwest and will be part of the Phoenix […]
News Release: MedProperties Holdings and Cypress West add to Scottsdale, Ariz., medical office portfolio
The three-building, 72,252 square foot Mountain View Medical Plaza is the partners’ second joint acquisition and the 12th investment by MedProperties Investment Partners Fund SCOTTSDALE, Ariz., and DALLAS, April 5, 2016 – MedProperties Holdings LLC has entered into a joint venture with Cypress West Realty Partners LLC for the value-added acquisition of Mountain View Medical […]
News Release: Hammond Hanlon Camp LLC Congratulates Ciminelli Real Estate Corporation on its Award for Excellence in Office Development
NEW YORK (April 6, 2016) — Hammond Hanlon Camp LLC (“H2C”) would like to congratulate Ciminelli Real Estate Corporation (“Ciminelli”) and Seavest Healthcare Properties, LLC as the 2016 winner of the Excellence in Office Development Award from the Urban Land Institute New York (ULI) for their project, Conventus, a 350,000 square foot medical office and […]
News Release: Commercial Property Transaction Volume Expected to Decline Over Next Three Years, According to a New Urban Land Institute Semi-Annual Real Estate Market Forecast
WASHINGTON (April 6, 2016) – Commercial property transaction volume is expected to decline over the next three years to $475 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. However, this volume forecast over the next three years is surpassed only […]
News Release: Poskanzer Skott Architects Designs New Facility for BVMI in Hackensack, N.J.
Relocation will Enable Expansion of Free Medical Services to Bergen County Residents HACKENSACK, N.J., April 6, 2016 – Bergen Volunteer Medical Initiative (BVMI) will be relocating this summer, and the healthcare center has hired Poskanzer Skott Architects of Ridgewood, N.J., to design its new facility at 75 Essex Street in Hackensack. “Despite healthcare reform, there […]