News Release: Just Closed – Dry Creek Medical Campus
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office Portfolio Anchored by SCA Health Ortho & Spine ASC in the Denver MSA CBRE Transaction Highlights Date Closed: 4/12/2023 Size: 68,195 SF Occupancy: 100% Dry Creek Medical Campus | Englewood, CO CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce […]
News Release: Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength
Despite economic woes and bank failures, construction shows strength across Q1 HAMILTON, N.J, April 20, 2023 — (BUSINESS WIRE)–Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential starts rose 33%, nonbuilding starts increased 17%, and residential starts moved 5% […]
News Release: McCarthy Building Companies Breaks Ground for Extensive Expansion and Renovation for Saint Luke’s East Ambulatory Surgery Center (Lee’s Summit, Mo.)
Highlight is the 62,000-square-foot vertical addition above existing facility April 18, 2023, Lee’s Summit, Mo. – McCarthy Building Companies in Kansas City recently broke ground on the 113,913-square-foot expansion and renovation of Saint Luke’s East Ambulatory Surgery Center in Lee’s Summit, Missouri. The ambulatory surgery center was founded in 2006 to meet the growing needs […]
News Release: McLeod Health Opens Third Medical Office Building in Carolina Forest
Myrtle Beach, SC, April 19, 2023 — McLeod Health has opened their third building in the 43-acre expansion designed to provide services to meet the healthcare needs of residents within and around the Carolina Forest area. An Open House and Ribbon Cutting Celebration was held at the new McLeod Health Medical Office Building in Carolina Forest […]
News Release: Elliott Bay Acquires MOB in Jackson, Michigan
SEATTLE — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and Pantheon has announced the acquisition of a medical office building in Jackson, MI leased to a leading health system providing specialty services. Elliott Bay and Pantheon established a joint venture to acquire healthcare properties across the U.S in February 2023. The property […]
News Release: Crown Tenant Advisors Names New Senior Director
FOR IMMEDIATE RELEASE Atlanta, GA, April 18, 2023 – Crown Tenant Advisors, a boutique healthcare real estate firm, has promoted Latrice T. Smith, Esquire, MPH to Senior Director for its corporate office. Smith will be responsible for serving the real estate interests of healthcare providers in Georgia through tenant- and buyer-only representation. Since joining the […]
News Release: Just Closed! Single-Tenant Investment Grade MOB in LA County
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT Providence BUILT-TO-SUIT MEDICAL OFFICE BUILDING FACEY MEDICAL GROUP – CANYON COUNTRY SANTA CLARITA, CA | APRIL 2023 Newmark Healthcare Capital Markets Group announces the sale of 14550 Soledad Canyon Road in Santa Clarita, CA. The 37,165 square-foot, built-to-suit medical office building is 100% leased to Providence Health System and […]
News Release: Vanbarton Healthcare Group and Tramview Complete Second Florida Healthcare Investment
FOR IMMEDIATE RELEASE NEW YORK, New York (April 17, 2023) – The healthcare division of Vanbarton Group recently completed its second Florida investment with a pair of medical office buildings totaling 33,500 square feet located in St. Augustine, Florida. The property, commonly known as the Medical Office Building of St. Augustine, is leased to five […]
News Release: New state psychiatric hospital to be built on existing Hawthorn Center location in Northville Township
State-of-the-art facility will serve both adults and youth as part of state’s continued commitment to provide behavioral health services to Michigan families LANSING, Mich., April 17, 2023 – Today, as part of the state’s continued commitment to providing behavioral health services to Michigan families, the Michigan Department of Health and Human Services (MDHHS) and the Department […]
News Release: Anchor Health Properties Builds Upon Existing Florida Portfolio with a 35,000 Square Foot MOB Off-Market Transaction in Sebastian
FOR IMMEDIATE RELEASE April 17, 2023 (Sebastian, FL) Continuing to expand the company’s owned and managed portfolio across Florida, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a stabilized, two story, 34,681 square foot Class A medical office building […]
News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio and to build on the relationship […]
News Release: Echo Real Estate Capital, Inc. Acquires Medical Office Building in Morton Grove, Illinois
FOR IMMEDIATE RELEASE Chicago, IL (April 2023) – Echo Real Estate Capital, Inc. announces it has acquired a single-tenant medical office building leased to Advocate Health Care (www.advocatehealth.com). The property is 7,550 square feet and is located at 6131 W. Dempster Street in Morton Grove, IL – a suburb of Chicago approximately 15 miles northwest […]
News Release: Just Closed – 3rd Street Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office in Downtown LA CBRE Transaction Highlights Date Closed: 3/31/2023 Size: 147,078 SF Occupancy: 100% 3rd Street Medical Center | Los Angeles, CA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of 3rd Street Medical Center (the “Property”), […]
News Release: Fennelly Associates Negotiates $11 Million Medical Office Portfolio Sale
April 12, 2023 Completed transactions mark the conclusion of 33-year relationship between the firm and Neuman family Hamilton, N.J. (April 12, 2023) – Fennelly Associates announces the $8M sale of 3575 Quakerbridge Road, a 59,000-square-foot medical office building in Hamilton, N.J. and the $3.1M sale of 72,500 square feet of medical office condos at White […]
News Release: Cross Region Group Breaks Ground On Duval Station
Medical and retail center coming soon to North Jacksonville JACKSONVILLE, Fla. (April 12, 2023) – Cross Regions Group, a multifaceted company specializing in commercial real estate services, proudly announces construction is underway at Duval Station, a mixed-use development offering more than 100,000 square feet of professional and medical offices and retail space on 9 acres […]