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News Release: IRA Capital acquires 237,000 life science/R&D campus in Columbus

News Release: IRA Capital acquires 237,000 life science/R&D campus in Columbus

PRESS RELEASE FOR IMMEDIATE RELEASE 3435 Stelzer Road in the Easton Submarket of Columbus is home to Sarepta Therapeutics’ Gene Therapies Center of Excellence Irvine, CA – April 11, 2024 – IRA Capital (“IRA”), a Southern California-based real estate private equity firm, is pleased to announce the acquisition of a 237,000 square-foot life science campus […]

News Release: Highwoods Announces Recent Disposition Activity

News Release: Highwoods Announces Recent Disposition Activity

FOR IMMEDIATE RELEASE Sells $79.4M of Non-Core Assets RALEIGH, NC – April 4, 2024 – Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing […]

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Transactions: Evergreen buys seven Raleigh, N.C., medical assets

Highwoods Properties sold the portfolio for $62.5 million; JLL was the broker By Murray W. Wolf RALEIGH, N.C. – Highwoods Properties Inc. (NYSE: HIW) announced last Thursday, April 4, that it has sold eight Raleigh-area properties – including seven medical buildings – for a total of $79.4 million. The medical outpatient buildings (MOBs), plus one […]

Transactions: Remedy buys Rochester, N.Y., area MOB for $43 million

Transactions: Remedy buys Rochester, N.Y., area MOB for $43 million

Broadstone Net Lease sold the 119,983 s.f. facility in the suburb of Greece, N.Y. By Murray W. Wolf GREECE, N.Y. – An affiliate of Chicago-based Remedy Medical Properties has acquired a four-story, 119,983 square foot MOB in the Rochester, N.Y., suburb of Greece from Broadstone Net Lease (NYSE: BNL) for $43 million. That’s according to […]

News Release: Sila Realty Trust, Inc. to Pursue a Listing on the New York Stock Exchange

April 08, 2024 09:03 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce that management and the Board of Directors […]

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Life Sciences: LSRE developers are still developing

There are still opportunities if you have the right ingredients, Revista panelists agree By Murray W. Wolf Editor’s note: This article is part two of our coverage of a recent panel discussion on life sciences real estate (LSRE) development. Part one appeared last week. PASADENA, Calif. – In light of a 43.8 percent decline in […]

News Release: JLL Capital Markets arranged the sale and financing for an eight-building medical property portfolio in Raleigh, North Carolina

News Release: JLL Capital Markets arranged the sale and financing for an eight-building medical property portfolio in Raleigh, North Carolina

JLL Capital Markets represented Highwoods in the sale of the non-core assets April 05, 2024 CAROLINAS, Apr. 5, 2024 –  JLL Capital Markets announced today that it arranged the sale of eight buildings totaling 338,000 square feet across from UNC-REX Hospital in the West Raleigh submarket to two separate buyers. One buyer purchased seven of the […]

News Release: Gov. Kemp: Life Sciences Manufacturer Meissner to Create 1,700 Jobs in Athens-Clarke County

Atlanta, GA – Governor Brian P. Kemp today announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems, will invest nearly $250 million in a new facility in Athens-Clarke County. The project will create more than 1,700 jobs over the next eight years. “As the No. 1 state for business, Georgia remains […]

News Release: Margulies Perruzzi Completes Innovation & Conference Center for Boston Scientific

News Release: Margulies Perruzzi Completes Innovation & Conference Center for Boston Scientific

BOSTON – April 4, 2024 – Margulies Perruzzi (MP), one of New England’s most innovative architectural and interior design firms, announced today that it has completed renovations to create an Innovation & Conference Center for Boston Scientific Corporation, a global medical technology leader. The centralized training center creates a 20,000 SF area featuring state-of-the-art technology […]

News Release: Boston Real Estate Inclusion Fund Launches Investment Offering on Small Change Crowdfunding Platform

News Release: Boston Real Estate Inclusion Fund Launches Investment Offering on Small Change Crowdfunding Platform

Equity Raise for $400M Life Sciences Building In Boston Seaport Focuses on BIPOC Investors April 04, 2024 11:30 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Small Change, an investment crowdfunding platform for real estate development with social impact, and Boston Real Estate Inclusion Fund (BREIF), an investment fund created by Black Boston developers, announce an investment opportunity […]

News Release: Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million

Financing will support development of a comprehensive health clinic set to serve an additional 20,000 patients, increasing Fair Haven CHC’s capacity by 45 percent April 04, 2024 10:08 AM Eastern Daylight Time CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that […]

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News Release: Montecito Continues Fast Pace in Q1 Medical Office Acquisitions with 11 MOB Deals

April 04, 2024 08:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic / Peoria, […]

News Release: LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and […]

News Release: Broadstone Net Lease Provides First Quarter 2024 Business Update

News Release: Broadstone Net Lease Provides First Quarter 2024 Business Update

Press Release Company Release – 4/3/2024 4:10 PM ET VICTOR, N.Y.–(BUSINESS WIRE)– Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided a business update for the quarter ended March 31, 2024. Additionally, the Company announced that it will be participating in the Morgan Stanley Triple Net REIT Day […]

To serve the rapidly growing community, BayCare is bringing a full array of services to Manatee County, including BayCare Hospital Manatee which is scheduled to break ground in October 2024.

News Release: BayCare Reveals Plans for New Hospital in Manatee County

Hospital will be county’s first not-for-profit hospital and only one north of Manatee River CLEARWATER, Fla., April 3, 2024 /PRNewswire/ — BayCare Health System announced construction plans today for its newest hospital, a comprehensive acute care facility to serve the rapidly growing community of Manatee County. BayCare Hospital Manatee will be the county’s first not-for-profit […]