News Release: Vitalis Acquires Off-Market MOB for $6,250,000 in Rochester, NY.
The transaction closed on September 15th, 2022. Vitalis closed on a 19,000 SF campus adjacent medical office building located at 1255 Portland Ave in Rochester, NY. The building sold for $6,250,000 or $328 / SF. Rochester Radiology, Rochester Colon and Rectal Surgeons and Rochester Podiatry lease 100% of the facility on long term NNN leases. […]
News Release: Vitalis Acquires Off-Market MOB for $7,050,000 in Columbus, OH.
COLUMBUS, Ohio, Sept. 15, 2022 — Vitalis acquired a 19,210 SF Surgical Dermatology and ASC facility located at 428 County Line Rd W, Westerville, OH 43082. The building sold for $7,050,000 or $367 / SF. The Tenant, Qualderm Partners, occupies 100% of the facility on a long term NNN lease. The purpose built facility offers […]
News Release: STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
STORE Capital Stockholders to Receive $32.25 Per Share in Cash September 15, 2022 08:00 AM Eastern Daylight Time SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO–(BUSINESS WIRE)–STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, and GIC, a global […]
News Release: Heitman Acquires Dallas-Fort Worth Baylor Micro-Hospital Medical Office Portfolio
Chicago, Sept. 14, 2022 – Heitman LLC (Heitman), a global real estate investment management firm, today announced the acquisition of a six building portfolio of Baylor-anchored micro-hospital locations totaling approximately 190,000 square feet. Heitman acquired the Baylor Scott & White Health System (Baylor) Medical Office Building portfolio on behalf of its global strategy in a […]
News Release: Doheny Eye Institute Opens its Headquarters in Pasadena (Calif.)
NEWS PROVIDED BY Abbott Construction Sep 14, 2022, 10:37 ET Life Science Proves a Powerful Answer to Vacant Office Space PASADENA, Calif., Sept. 14, 2022 /PRNewswire/ — The new headquarters for Doheny Eye Institute, affiliated with UCLA Stein Eye Institute, are now open. Located at the former Avery Dennison campus on North Orange Grove Boulevard, […]
News Release: MDH finds proposed Fairview Health Services and Acadia Healthcare mental health hospital in the public interest
ST. PAUL, Minn., Sept. 12, 2022 — The Minnesota Department of Health (MDH) has found that moving forward with a new, free-standing mental health hospital in Saint Paul is in the public interest due to a lack of inpatient mental health beds. Despite this conclusion, MDH acknowledged significant concerns about the new facility as proposed. […]
News Release: CBRE Arranged Sale of Silicon Valley Medical Office Building for $19.5 Million
SAN JOSE, CALIF. – September 14, 2022 – CBRE arranged the $19.5 million sale of 625 Lincoln Avenue in San Jose from The Sobrato Organization to the property’s tenant, El Camino Health. Scott Prosser, Joe Moriarty, Jack DePuy, Mike Taquino, Kyle Kovac, and Alec Haley of CBRE represented the seller, The Sobrato Organization. “The property […]
News Release: HREA Purchases Retail Property in Huntingdon (N.Y.)
Hildreth Real Estate Advisors recently announced that they had acquired a new retail property in Huntington, Long Island, for over 4 million dollars. NEW YORK, September 14, 2022 (Newswire.com) – New York City-based real estate company Hildreth Real Estate Advisors recently announced that they had acquired a new retail property in Huntington, Long Island. This […]
News Release: Seavest acquires six emergency hospitals in Dallas-Forth Worth metroplex
This acquisition, totaling 190,000 square feet, is the firm’s latest addition to its medical real estate investment portfolio. DALLAS-FORT WORTH, TX., and WHITE PLAINS, N.Y., September 14, 2022 – Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has announced their recent acquisition of six Baylor Scott […]
News Release: MH Deschaumes is Real Estate Advisor of Record for Calko Medical Center, Brooklyn, NY
Maarten Deschaumes arranged the transaction and negotiated the deal for over a year between the two parties. About MH Deschaumes: Maarten Deschaumes is a real estate investment advisor and capital markets professional focusing exclusively on alternative real assets including healthcare real estate. In this capacity, his responsibilities include the execution of investment advisory and joint […]
News Release: Physicians Realty Trust Announces Acquisition of Calko Medical Center, in Brooklyn, New York, for $81.5 Million
September 13, 2022 05:48 PM Eastern Daylight Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE:DOC) (the “Company”), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC (“MedProperties”) is proud to announce the closing of the acquisition of Calko Medical Center. This Class-A, free-standing facility, built in 2013, contains 85,567 rentable square feet, anchored by […]
News Release: Crown Tenant Advisors Hires New Director
FOR IMMEDIATE RELEASE Jim Minuto increases representation in North Carolina for healthcare real estate firm Atlanta, GA September 13, 2022 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today Jim Minuto has joined the company as a new Director of its regional office in North Carolina. Minuto is a licensed commercial real […]
News Release: OGA Partners with Heritage Medical Associates, Opens New Mt. Juliet Medical Office Building
New facility provides patients access to primary care and six specialties NASHVILLE, Tenn., Sept. 13, 2022 – Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, recently completed construction on a medical office building in partnership with Heritage Medical Associates. The 87,000 square foot building, which is home to more than […]
News Release: CIT Provides $50.8 Million to Seavest Healthcare Properties
NEW YORK, Sept. 13, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $50.8 million to Seavest Healthcare Properties, LLC for the refinancing of Providence Family Wellness Center and Medical Office Building. Providence Family Wellness Center is a newly delivered 118,000 square foot medical office building […]
News Release: OGA Partners with Heritage Medical Associates, Opens New Mt. Juliet (Tenn.) Medical Office Building
NEWS PROVIDED BY Oman-Gibson Associates Sep 13, 2022, 09:00 ET New facility provides patients access to primary care and six specialties NASHVILLE, Tenn., Sept. 13, 2022 /PRNewswire/ — Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, recently completed construction on a medical office building in partnership with Heritage Medical Associates. The […]