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 […]
News Release: Cornerstone Awarded 675,000+ Sq Ft Contract
Cornerstone Companies, Inc. Awarded 675,000+ Square Foot Management Contract Indianapolis, IN – December 15, 2014 – Local real estate development company, Cornerstone Companies, Inc. has been hired by American Healthcare Investors Management Services, Inc. (AHI) to act as the exclusive leasing and management agent for a 676,473 square foot portfolio of medical office buildings. NorthStar […]
News Release: CBRE GROUP, INC. HEALTHCARE PRACTICE ACHIEVES STRONG GROWTH IN 2014
Los Angeles, CA – December 18, 2014—CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients. Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and […]
News Release: Destination Medical Center Hits Milestone
Destination Medical Center (DMC) Draft Development Plan Presented to DMCC Board ROCHESTER, Minn. (December 17, 2014) – The Destination Medical Center (DMC) initiative reached a major milestone today with the submittal of the draft Development Plan to the Destination Medical Center Corporation (DMCC) Board. The draft Plan outlines private and public investments and strategies to […]
News Release: HFF closes sale of and arranges acquisition financing for Class A office and medical office campus in San Diego’s University Town Center
SAN DIEGO, CA – HFF announced today that it has closed the sale of and arranged acquisition financing for Genesee Plaza, a 161,184-square-foot, multi-tenant office and medical office campus located in San Diego’s “strongest institutional submarket”, University Town Center. HFF marketed the property on behalf of the seller, DivcoWest. Polidev Investments, Inc. purchased the complex […]