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
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
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
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 […]
News Release: Medical Office Building Changes Hands in Dallas
DALLAS, May 7, 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 Northpoint Medical Arts, a 116,875-square-foot multi-tenant medical office building in Dallas. The terms of the sale were not released. Ron Hebert, vice president investments […]
News Release: Nemours duPont Pediatrics breaks ground
Anchor Health Properties Set to Develop 65,000 sq. ft. Pediatrics Facility in Deptford, NJ Wilmington, DE (May 6, 2015) – Anchor Health Properties, a full-service healthcare development company, has been named developer of Nemours duPont Pediatrics, Deptford, a 65,000 sq. ft. pediatric healthcare facility located in Deptford, New Jersey. The project, which broke ground on April […]
News Release: Rendina Completes LEED Silver Margaret W. Niedland Breast Center
JUPITER, Fla., May 6, 2015 – Rendina Healthcare Real Estate is pleased to announce the completion of the Margaret W. Niedland Breast Center located in Jupiter. The center officially opened for patient use April 22. The facility is LEED Silver Certified, a credential awarded to projects that must meet specific criteria related to maximizing efficiency, […]
News Release: Nemours duPont Pediatrics breaks ground
Anchor Health Properties Set to Develop 65,000 sq. ft. Pediatrics Facility in Deptford, NJ Wilmington, DE (May 6, 2015) – Anchor Health Properties, a full-service healthcare development company, has been named developer of Nemours duPont Pediatrics, Deptford, a 65,000 sq. ft. pediatric healthcare facility located in Deptford, New Jersey. The project, which broke ground on April […]
News Release: Bradley Company Adds Eight to Grand Rapids Team
Grand Rapids, MI – May 5, 2015 – As we continue to expand our footprint in the Grand Rapids market, Bradley Company is pleased to announce the addition of eight new dynamic team members. In 2014, Bradley Company launched its Grand Rapids office, naming seasoned 27-year veteran in commercial real estate, John A. Mundell III, CPM, SIOR, as […]
News Release: U.S. Bank names Rex Rudy head of commercial real estate division
MINNEAPOLIS (May 4, 2015) – U.S. Bank has hired industry veteran Rex Rudy to head its commercial real estate division, succeeding Joe Hoesley, who retired in March. Rudy brings more than 20 years of experience in the industry, most recently as managing director and group head of real estate investment trust (REIT) finance at Wells […]
News Release: Red Oak Professional Bldg – Houston, TX
17320 Red Oak Dr, Houston, Texas 77090 The Offering Colliers International has been exclusively retained by the Owner to offer for sale and lease the Red Oak Professional Building in Houston, Texas. The Class B, 40,321 square foot Property provides attractive office and/or medical office space, located in close proximity to the Northwest Medical Center, south […]
News Release: PMB Kicks Off Construction of Goleta Valley Medical Plaza
Pacific Medical Buildings begins construction of a 52,000 square foot, two-story medical office building in Goleta, Calif. GOLETA, Calif., May 1, 2015 – Construction is under way for the new 52,000 square foot, two-story medical office building on the Goleta Valley Cottage Hospital campus in Goleta, California. PMB is providing program management, development, leasing and […]
News Release: Norvin Healthcare Properties announces Long Island City project with NYU Langone Medical Center
NYU Langone to transform a 45,000 square foot industrial building into a multi-specialty ambulatory care facility to serve one of Queens’ hottest neighborhoods NEW YORK, April 30, 2015 – An affiliate of New York-based Norvin Healthcare Properties has acquired a two-story, 45,000 square foot property at 21-21 44th Drive in Long Island City in a […]
News Release: Destination Medical Center’s Economic Development Agency Readies for Next Phase of DMC Initiative
ROCHESTER, Minn. (April 30, 2015) –The DMC Economic Development Agency (EDA) is moving quickly to formalize the operations of the EDA following the final approval of the Destination Medical Center (DMC) Development Plan by the Destination Medical Center Corporation (DMCC) Board of Directors at its April 23 meeting. This allows the EDA to effectively launch […]