News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area
Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area (Summa Health, Akron Children’s, Crystal Clinic Orthopaedics) – $8,400,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of three fully occupied Medical Office Buildings in the Akron area. The buildings are anchored by some […]
News Release: First post-incubation life science facility in Orange County completed by NexCore Group & HATCHspaces
NEWS PROVIDED BY NexCore Group Sep 22, 2022, 16:42 ET DENVER & LOS ANGELES, Sept. 22, 2022 /PRNewswire/ — NexCore Group, a leading health care developer, and HATCHspaces®, a real estate development platform focused on creating purpose-built life sciences facilities, have completed a full building transformation of an office building in Irvine, Calif. to a specialized, […]
News Release: Lendlease and Ivanhoé Cambridge Break Ground on FORUM, First Purpose-Built Life Science Development in Boston Landing
Drawing inspiration from surrounding athletic facilities, $500 million building to be an arena for innovation, strengthening emerging life sciences cluster in Boston’s Allston-Brighton neighborhood BOSTON (Sept. 22, 2022) — Lendlease and Ivanhoé Cambridge, global real estate leaders, today announced the start of construction on the partnership’s $500 million life science development at 60 Guest St. […]
News Release: NAI James E. Hanson Helps Major Regional Healthcare Expand in Northern New Jersey
Clifton, N.J. (September 22, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 63,000-square-foot medical office building at 855 Valley Road in Clifton, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented […]
News Release: Vitalis Acquires Henry Ford Health Build-to-Suit for $9,400,000 in Rochester Hills, MI.
The transaction closed on September 22nd, 2022. Vitalis closed on a 31,200 SF specialty pharmacitcal facility located at 1191 E South Blvd, Rochester Hills, MI for $9,400,000. Henry Ford Health is on a multi-decade Absolute NNN Lease and the transaction sold off-market for $301 / SF. The build to suit delivered in 2017, however was […]
News Release: Cornerstone Hires Executive Vice President, Development
FOR IMMEDIATE RELEASE INDIANAPOLIS – Cornerstone Companies, Inc. (Cornerstone) is excited to announce that Julia Ehret has joined the Indianapolis-based healthcare real estate firm as Executive Vice President, Development. In this new role, Ehret will focus on leading and driving the growth of Cornerstone’s development platform. To date, Cornerstone has successfully completed more than $1 […]
News Release: Alliance Consolidated Group of Companies Acquires Net-Leased Medical Office Building in Las Vegas
Deal marks first acquisition made by Alliance’s $50 million healthcare real estate investment fund CHICAGO (Sept. 21, 2022) — Alliance Consolidated Group of Companies (Alliance) today announced it has acquired a net-leased medical office building at 6120 S. Fort Apache Road in southwest Las Vegas. The $6.8 million transaction was a sale-leaseback of the facility, […]
News Release: GI Partners Announces the Acquisition of Premier Life Sciences Properties in Leading Coastal Markets
SCOTTSDALE, AZ, September 21, 2022 – GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology and science real estate by announcing the acquisition of four life sciences properties totaling over 407,000 square feet on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund LP, the “ETS […]
News Release: Catalyst and National Announce Ocala Eye’s Expansion in The Villages
PENSACOLA, Fla., September 21, 2022 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, announce the development of a 22,500 square foot (SF) medical office building and ambulatory surgery […]
News Release: MidCap Financial Closes First Mortgage on a 72,538 Square Foot Office Condominium in UCity Square, Philadelphia, PA to be Repurposed for Life Sciences and Medical Uses.
BETHESDA, MD, September 21, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $24,660,000 transaction with Sounding Capital Partners. The floating rate first mortgage loan facilitated the acquisition and repositioning of a 72,538 square foot office condominium located at 3624 Market Street in UCity […]
News Release: Montecito Acquires Orthopedic Property in Mississippi
FLOWOOD, Miss., Sept. 21, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi. The building, which opened in 2018, is 100% leased to Capital Ortho, a practice group with locations across the Jackson area. The property […]
News Release: Thermo Fisher Scientific Partners with Pennsylvania Biotechnology Center to Support Life Sciences Growth in Philadelphia
Lab incubators offer biotech residents flexible, plug & play lab and research space within a specialized network of resources, programming, and expertise WALTHAM, Mass., Sept. 21, 2022, (BUSINESS WIRE)–The Pennsylvania Biotechnology Center (PABC) announced that Thermo Fisher Scientific has become a founding sponsor supporting the PABC campus in Doylestown, Pa., and their new B+Labs incubator […]
News Release: Cooperman Barnabas Medical Center Breaks Ground on $225 Million Comprehensive Cancer Center on Livingston Campus
Five-story, multidisciplinary outpatient center will be RWJBarnabas Health’s northern hub for world-class cancer care LIVINGSTON, N.J., Sept. 21, 2022 /PRNewswire/ — Cooperman Barnabas Medical Center (CBMC), an RWJBarnabas Health facility, broke ground this week on a five-story, 137,000 square-foot cancer center on its Livingston Campus. The $225 million, freestanding outpatient facility, scheduled for 2025 completion, […]
News Release: Entries now open for 2022 HREI Insights Awards™
Entries are due Nov. 30, 2022. The 10th annual awards will be presented at a new venue: the RevistaMed Medical Real Estate Investment Forum (MREIF) March 1, 2023. MINNEAPOLIS, Sept. 21, 2022 – Entries are now open for the 2022 HREI Insights Awards™, the first and only comprehensive national awards program totally dedicated to recognizing […]
News Release: Kindred Behavioral Health and Dignity Health Announce Plans for New Inpatient Behavioral Health Hospital in Glendale
The free-standing 96-bed facility will help meet the region’s rapidly growing need for mental health services BRENTWOOD, Tenn. & PHOENIX, Sept. 20, 2022, (BUSINESS WIRE)–Kindred Behavioral Health (KBH), a business unit of LifePoint Health, and Dignity Health today announced the signing of a letter of intent to build and operate a new inpatient behavioral health […]