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Companies & People

News Release: On-campus Laguna Hills (Calif.) MOB trades for $31.335M

News Release: On-campus Laguna Hills (Calif.) MOB trades for $31.335M

JLL Capital Markets led sales efforts for The Laguna, located in the supply-constrained Laguna Hills market SAN DIEGO – Apr. 14, 2021 – JLL Capital Markets announced today that it has closed the $31.335 million sale of The Laguna, a 57,573-square-foot, medical office building in Laguna Hills, California. JLL represented the seller, Meridian, in arranging […]

Transactions: Anchor Health Properties has a big week of acquisitions

Transactions: Anchor Health Properties has a big week of acquisitions

HRE investor, developer acquired four properties in early April totaling 237,379 square feet By John B. Mugford For any medical office building (MOB) investor, there are bound to lulls in acquisition activity. Such lulls, if you will, can be attributed to any number of factors, including not finding properties to an investor’s liking or its […]

News Release: Recently Sold - On-Campus Class “A” Medical Office Building Portfolio | Bakersfield, CA

News Release: Recently Sold – On-Campus Class “A” Medical Office Building Portfolio | Bakersfield, CA

RECENTLY SOLD MEDICAL OFFICE PORTFOLIO 3 CLASS “A” MOBs SIZE: 65,140 RSF LOCATION: ON-CAMPUS healthcareREA.com ANNOUNCEMENT HREA | Healthcare Real Estate Advisors is pleased to announce the sale of a Class “A” Medical Office Building portfolio located in Bakersfield, CA. Consisting of approximately 65,140 SF, the portfolio includes three (3) multi-tenant medical office buildings that […]

News Release: Just Sold - Gresham Station Medical Plaza

News Release: Just Sold – Gresham Station Medical Plaza

APRIL 12, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD GRESHAM STATION MEDICAL PLAZA GRESHAM, OR TRANSACTION HIGHLIGHTS DATE SOLD: 4/9/2021 SIZE: ±100,419 SF OCCUPANCY: 79% Gresham Station Medical Plaza CBRE U.S. Healthcare & Life Sciences Capital Markets is pleased to announce the sale of Gresham Station Medical Plaza (the “Property”), a four-building medical […]

News Release: DuPage Medical Group Opens New Westmont Medical Office Building

News Release: DuPage Medical Group Opens New Westmont Medical Office Building

DOWN­ERS GROVE, Ill., April 12, 2021 — DuPage Med­ical Group (DMG), the largest inde­pen­dent, mul­ti-spe­cial­ty physi­cian group in Illi­nois, has opened a new med­ical office build­ing at 303 West Ogden Avenue in Westmont. The 50,000 square-foot, state-of-the-art facil­i­ty will offer a wide range of health­care ser­vices, includ­ing car­di­ol­o­gy and car­di­ol­o­gy test­ing, an imme­di­ate care cen­ter, lab­o­ra­to­ry ser­vices, […]

News Release: Anchor Health Properties Continues Targeted Investment in Philadelphia MSA with 85,242 Square Foot Portfolio Acquisition

News Release: Anchor Health Properties Continues Targeted Investment in Philadelphia MSA with 85,242 Square Foot Portfolio Acquisition

FOR IMMEDIATE RELEASE April 12, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently invested in a two-building, 85,242 square foot portfolio located in the Bala Cynwyd suburb of Philadelphia, Pennsylvania. The properties were acquired through a joint […]

News Release: Just Sold - Life Science Building in Sorrento Mesa, San Diego for $20.25 Million

News Release: Just Sold – Life Science Building in Sorrento Mesa, San Diego for $20.25 Million

JUST SOLD 5785 Oberlin Drive CBRE’s Investment Properties–California/Arizona/Nevada team is pleased to announce the sale of 5785 Oberlin Drive in San Diego, California, for $20.25 million ($322 PSF). The 62,823-square-foot, three-story property was redeveloped into a life science use in 2020. It features balconies, barbecue area, showers, lockers and 200 parking stalls. The property is […]

News Release: U.S. Senior Housing Occupancy Reaches New Low

News Release: U.S. Senior Housing Occupancy Reaches New Low

4:30 p.m. EDT Thurs., April 8 Senior housing occupancy in the United States reached a record low of 78.8 percent in the first quarter of 2021, falling 1.8 percentage points from the last quarter of 2020 and 8.7 percentage points from a year ago, according to new NIC MAP® data, powered by NIC MAP Vision. […]

News Releases: Meridian Sells 57,000 SF Medical Office Building in Orange County, California

News Releases: Meridian Sells 57,000 SF Medical Office Building in Orange County, California

Meridian Sells 57,000 SF Medical Office Building in Orange County, California NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, announced that it has completed the sale of The Laguna, a 57,573-square-foot medical office building located at 24022 Calle de la Plata, on the Memorial Care Saddleback […]

News Release: Avison Young Dallas awarded 167,000 SF four-building medical office property portfolio in Carrollton, TX

News Release: Avison Young Dallas awarded 167,000 SF four-building medical office property portfolio in Carrollton, TX

Avison Young’s Dallas Property Management Division awarded four-building medical office property portfolio in Carrollton, TX 167,397-sf assignment brings property management portfolio to more than 685,000-sf over the past 12 months Dallas, TX – Avison Young’s Property Management Division within the Dallas office has been awarded a four-building, medical office portfolio totaling 167,397 square feet (sf) […]

News Release: Transwestern grows Healthcare Advisory Team in Dallas with three experts

News Release: Transwestern grows Healthcare Advisory Team in Dallas with three experts

New Hires Solidify Healthcare Advisory Services Team As Country’s Largest (APRIL 8, 2021 – DALLAS) – Transwestern Real Estate Services (TRS) announces the expansion of its Healthcare Advisory team in Dallas with three new additions to the firm: Vice President Laura Lea, Vice President Evan Saks, and Associate Bob Krass. As part of the team’s […]

News Release: Kerry Swanson Joins ERDMAN’s Advisory Services Group as Managing Director

News Release: Kerry Swanson Joins ERDMAN’s Advisory Services Group as Managing Director

FOR IMMEDIATE RELEASE April 7, 2021 Madison, Wis. – Kerry Swanson is ERDMAN’s new managing director for our Advisory Services group. Kerry most recently served ERDMAN as an executive advisor. In her new role, Kerry will leverage her unique background in clinical operations, program development, and healthcare construction to create and implement effective systems of […]

News Release: The Neenan Company breaks ground on new community health center in El Dorado County (Placerville, Calif.)

News Release: The Neenan Company breaks ground on new community health center in El Dorado County (Placerville, Calif.)

FOR IMMEDIATE RELEASE April 07, 2021  El Dorado Community Health Centers to centralize and expand services in greater Placerville FORT COLLINS, Colo. — The Neenan Company announced a new project in Placerville, Calif. to design and construct El Dorado Community Health Centers’ (EDCHC) new medical clinic, which will serve residents throughout El Dorado County. Neenan […]

News Release: BGL Announces the Sale of the Real Estate Portfolio of Precision Spine Care

News Release: BGL Announces the Sale of the Real Estate Portfolio of Precision Spine Care

Brown Gibbons Lang & Company Deal Announcement Precision Spine Care 39,814 RSF MOB & ASC Acquired by Montecito Medical Real Estate Chicago, IL – April 6, 2021 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of the real estate portfolio of Precision Spine Care, totaling approximately 39,814 rentable square feet across two […]

News Release: CIT Serves as Sole Lead Arranger on $18.5 Million Financing for Alabama Cancer Center

News Release: CIT Serves as Sole Lead Arranger on $18.5 Million Financing for Alabama Cancer Center

NEW YORK — April 6, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama. The borrower, Cypress West Partners is an experienced and successful owner and manager […]