News Release: Snyder Langston Completes 70,000 SF LEED MOB in Los Alamitos
IRVINE, Calif. (January 26, 2015)— Snyder Langston, one of Southern California’s largest and most respected builders, recently completed construction of a three-story, 70,000-square-foot multi-tenant medical office building (MOB) and a six-level parking structure within Los Alamitos Medical Center. Located at 3751 Katella Avenue, construction began summer of 2013 with completion late 2014. All told, the […]
News Release: Paris Regional Medical Center to Add 40,000 SF Medical Pavilion to Campus
PARIS, Texas, Jan. 22, 2015 – A new addition is coming soon to the campus of Paris Regional Medical Center (PRMC). Groundbreaking for the Paris Regional Medical Pavilion – a 40,000 square foot medical office building – is slated to occur this summer. The new facility, which will connect to the main hospital, is designed […]
News Release: Carter Validus Mission Critical REIT II Acquires Three Medical Facility Properties in December 2014
(Tampa, FL) – Carter Validus Mission Critical REIT II, Inc. (the “Company”) announced that it acquired three medical facility properties, the Baylor Surgical Hospital at Fort Worth, the Baylor Surgical Hospital Integrated Medical Facility and the New England Sinai Medical Center, for a combined purchase price of $76.8 million. The Baylor Fort Worth Medical Center […]
News Release: Transwestern│RBJ Advises Shire in 202,000 SF Lease, Creating Boston’s Largest Suburban Biotech Campus
(January 22, 2015 – Boston) – Transwestern | RBJ today announces the firm brokered a long-term lease totaling 202,492 square feet of office space for Shire a leading biopharmaceutical company, at Two Ledgemont Center in Lexington, Massachusetts. Transwestern | RBJ’s Robert Richards, president, and Brian Cohen, senior vice president, represented Shire in the lease for […]
News Release: MedProperties launches, funds and fully deploys third investment fund
Private equity firm MedProperties Holdings LLC is partnering with The LaSalle Group Inc. to develop four memory care communities in Kansas, Georgia, South Carolina and Florida DALLAS, Jan. 21, 2015 – Most real estate investment funds take months or even years to be fully funded and deployed. But if the fund sponsor has a winning […]
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 […]