News Release: Stage Equity Partners Launches New Healthcare Property Management Division with Two New Hires
Stage Equity Partners Announces New Property Management Division and Two New Hires Veterans of Sterling Bay Companies and General Growth Properties to lead the new division CHICAGO (February 23, 2016) – Chicago-based healthcare real estate investment company Stage Equity Partners LLC (“Stage”) has announced the addition of a new Property Management division along with two […]
News Release: Just Closed: Class A Medical Office Building
LAKEBROOK MEDICAL CENTER WESTBROOK, CONNECTICUT Westbrook, CT – Lisa Menin of Jacobson Properties, New York, and John LaBella of RE/MAX Right Choice, Trumbull, Connecticut are pleased to announce the sale of Lakebrook Medical Center in Westbrook, Connecticut. The Class A medical office building, which totals 24,500 square feet, was purchased by an institutional healthcare real […]
News Release: Another Pasadena Medical Office Trades
The 22,000 sf medical building at, one block from Huntington Hospital, has been acquired by Huntington Orthopedics Institute. The building, built in 1962, was 100% occupied on the date of close but with expiring leases in the next year, the medical group will occupy much of the building soon afterward. The sale price was $9,250,000 […]
News Release: The Missner Group Completes Renovations for Illinois Bone & Joint
FOR IMMEDIATE RELEASE: Friday, February 19, 2016 THE MISSNER GROUP COMPLETES RENOVATIONS FOR ILLINOIS BONE & JOINT IN MORTON GROVE (Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has completed renovations for Illinois Bone & Joint Institute’s (IBJI) Morton Grove, Illinois location at 9000 Waukegan Road. The facility remained […]
News Release: Duke Realty’s John Marshall to speak at InterFace Healthcare Real Estate West
Vice President and panel will explore the topic ‘How a Changing Healthcare Environment is Changing Healthcare Real Estate Development’ March 2 at the Omni Los Angeles INDIANAPOLIS, Feb. 18, 2016 – Indianapolis-based commercial real estate developer Duke Realty announced that John Marshall, Vice President, National Healthcare Strategy and Development, will serve as an expert panelist at the […]
News Release: Population & Employment Growth to Spark Medical Office Demand in 2016
Colliers International Releases 4Q 2015 Medical Office Market Report for Greater Phoenix Phoenix, February 17, 2016 – Colliers International in Greater Phoenix released its fourth quarter 2015 Medical Office Market Report. Report highlights are outlined below. For more details, refer to the attached report or click here to view online. The Greater Phoenix medical office […]
News Release: Griffin-American Healthcare REIT IV poised for $3.15 billion IPO
Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission […]
News Release: HCP Breaks Ground on the Second Phase of the Cove at Oyster Point in South San Francisco, Fueled by Strong Demand and Record Low Vacancy Rates
IRVINE, Calif. and SAN FRANCISCO, Jan. 29, 2016 /PRNewswire/ – HCP (NYSE: HCP) and CBRE Group, Inc. announced today that HCP will break ground on the second phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in South San Francisco. For more information on The Cove, visit www.CoveSSF.com. “We are […]
News Release: Meridian Buys Medical Office Building in Pasadena, Calif. for $37.5 Million
Purchase Represents Meridian’s Largest Acquisition at 115,000 SF and Company’s 8th MOB Transaction in Last 12 Months SAN RAMON, CALIF. – Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of Cotton Medical Center, a 115,000-square-foot medical office complex in […]
News Release: HDR’s project architect promoted to associate
Denver, CO – Congratulations to Amanda Owens, project architect in HDR’s Denver architecture office, for her recent promotion to Associate. A nomination-based annual internal program, existing officers and professional associates are asked to nominate employees who demonstrate enthusiastic leadership qualities. Owens, who has been with HDR for five years, has worked on high-profile projects including […]
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 […]