News Release: New Class-A medical and research facility is the first to be delivered in West Los Angeles in over two decades
FOR IMMEDIATE RELEASE Stockdale Capital Partners’ Newest Development, 656 S. San Vicente Boulevard, Brings 145,000 Square Feet of State-of-the-Art Medical and Life Sciences Space to L.A.’s Golden Triangle LOS ANGELES – October 2, 2023 – Los Angeles-based Stockdale Capital Partners (Stockdale) announces its highly-anticipated new medical office and life sciences development in L.A.’s Golden Triangle. […]
News Release: Inspira Health Unveils Inspira Medical Center Mannington
The integration of Salem Medical Center, an affiliate of Inspira Health is now complete, marking the health system’s expansion with a fourth hospital in South Jersey by rebranding as IMC Mannington SALEM, N.J., Oct. 2, 2023 –(BUSINESS WIRE)—Inspira Health announced that the integration Salem Medical Center, an affiliate of Inspira Health, into the health […]
News Release: The Sanders Trust Breaks Ground on Inpatient Rehabilitation Hospital
Groundbreaking for 66,000-sq. ft. Facility in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for Mercy Health Youngstown Rehabilitation Hospital located in Youngstown, Ohio. The groundbreaking took place on August 31, 2023. The Sanders Trust was selected as the developer […]
News Release: High-profile medical office building trades for $23.3M in the greater Phoenix area
News release JLL Capital Markets led sales efforts for on-campus Ironwood Medical Pavilion II in Queen Creek, Arizona October 02, 2023 PHOENIX, Oct. 2, 2023 – JLL Capital Markets, Medical Properties Group, announced today that it arranged the $23.3 million sale of Ironwood Medical Pavilion II, an on campus 61,302 square foot medical office building […]
News Release: First Citizens Bank Extends Its Brand to Legacy CIT Business Verticals
RALEIGH, N.C., Oct. 2, 2023 /PRNewswire/ –– First Citizens Bank today announced that it is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens’ CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022 merger. The First Citizens name and logo will […]
News Release: Medical Properties Trust Posts New Video Message to Shareholders
BIRMINGHAM, Ala., Oct. 2, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a new video message to shareholders has been posted to its website. In the video, Edward K. Aldag, Jr., MPT’s Chairman, President and Chief Executive Officer, describes the Company’s business model, levers for shareholder value creation, capital […]
News Release: Just Closed – Ironwood Medical Pavilion II | Phoenix MSA | 60K+ SF | On Campus
JLL Investment Advisory JLL Medical Properties Group Capital Markets Just Closed: Ironwood Medical Pavilion II – Queen Creek, AZ JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Ironwood Medical Pavilion II, a trophy 61,302 square foot medical building delivered in 2019 and is 99% leased to a variety of healthcare […]
News Release: Flagship Healthcare Properties acquires medical office building and ambulatory surgery center in Fredericksburg, Virginia
Property is home to several esteemed medical practices CHARLOTTE, N.C., Sept. 29, 2023 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) and ambulatory surgery center (ASC) in Fredericksburg, Virginia. Built in 2011, the 96% leased multi-tenant property is located at 1500 Dixon Street. […]
News Release: JLL arranges $1.3B medical office loan portfolio on behalf of Synovus Financial Corp.
JLL’s Loan Sales and M&A teams led sales efforts for the medical office portfolio spanning 33 states across the U.S. NEW YORK, Sept. 19, 2023 – JLL’s Capital Markets group announced today that as exclusive advisor to Synovus Financial Corp., it worked to arrange the sale of a $1.3 billion medical office loan portfolio to Kayne […]
News Release: Survey Results: Medical Office Buildings Remain an Attractive and Stable Investment Despite Volatile Capital Markets
Executive Summary Despite significant volatility in the capital markets and operating and financial headwinds in the healthcare industry, medical office buildings (MOBs) are holding their own as attractive investment opportunities, according to our survey of a diverse range of real estate investors. The survey’s key findings include the following: Almost 90% of our survey respondents […]
News Release: Jeremy Bartz, AIA, NCARB named President of E4H Environments for Health Architecture
Jeremy brings over 22 years of experience at E4H to the role Washington, DC (September 28, 2023) – E4H Environments for Health Architecture, the leading architecture firm specializing in healthcare and health science + technology facility design, announced that Jeremy Bartz, AIA, NCARB has been appointed President. Jeremy has over 22 years of experience in […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Burr Ridge Medical Office Building for $59.95 Million
TAMPA, Fla., September 28, 2023–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a 104,912 square foot medical office building located in Burr Ridge, Illinois (the “Burr Ridge Healthcare Facility”) for $59.95 […]
News Release: Retina Consultants of Minnesota expands and relocates in St. Cloud and Blaine
Retina Consultants of Minnesota (“RCM”), an independent eye practice specializing in the medical and surgical treatment of eye disorders involving the retina, macula and vitreous, announces the expansion of two clinic locations in Blaine and St. Cloud. Both clinics are expanding due to the addition of physicians to accommodate their patients. In St. Cloud, RCM […]
News Release: McCARTHY SELECTED TO BUILD NEW STATE-OF-THE-ART HEALING FACILITY FOR SSM HEALTH’S CARDINAL GLENNON CHILDREN’S HOSPITAL
Scheduled for completion in 2027, the new hospital is to be built at Chouteau Avenue and Grand Boulevard in the St. Louis Midtown area McCarthy Building Companies, Inc., the oldest, privately held national construction firm in the U.S. and a leading national healthcare construction manager, has been selected to lead the design-build team for a […]
News Release: FLAGSHIP HEALTHCARE PROPERTIES ACQUIRES MEDICAL OFFICE BUILDING AND AMBULATORY SURGERY CENTER IN FREDERICKSBURG, VIRGINIA
CHARLOTTE, N.C., Sept. 27, 2023 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) and ambulatory surgery center (ASC) in Fredericksburg, Virginia. Built in 2011, the 96% leased multi-tenant property is located at 1500 Dixon Street. The building is anchored by Surgi-Center of Central Virginia, […]