Companies & People

News Release: Just Closed Carrollton Medical Office Building

News Release: Just Closed Carrollton Medical Office Building

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Carrollton Medical Office Building in Carrollton, Texas. Sale Date: December 16, 2016 Building Size: 38,648 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Carrollton Medical Office Building (the “Property”) in Carrollton, Texas. Lee Asher and […]

Marcus & Millichap announced the sale of the Baltimore VA Annex. (Photo courtesy of Marcus & Millichap)

News Release: $12.25M Veteran’s Affairs Medical Office Property Sold

$12.25 Million Veteran’s Affairs Medical Office Property Sold by Marcus & Millichap BALTIMORE, Dec. 29, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Baltimore VA Annex, a 74,000-square-foot medical office fully leased to the Department […]

Brown Gibbons Lang & Company | Real Estate Partners (BGLREP) represented the physician owners in the sale of the 164,661 square foot Texas Spine & Joint Hospital in Tyler, Texas, which BGLREP says was one of the firm’s top transactions of 2016. Photo courtesy of BGLREP

Companies & People: BGL’s healthcare team is on the rise

2016 is best year yet for new investment banking group, with volume up 50% By John B. Mugford While 2016 certainly will turn out to be one of the best years in the history of medical office buildings (MOB) sales here in the United States, it won’t top the remarkable total dollar volume posted in […]

Comapnies & People: HCP’s board elects Tom Herzog as CEO and Justin Hutchens as president

Comapnies & People: HCP’s board elects Tom Herzog as CEO and Justin Hutchens as president

IRVINE, Calif. – HCP (NYSE: HCP) recently announced that its board of directors chose Tom Herzog, the company’s current chief financial officer (CFO), to be CEO and a member of the board.

Companies & People: Transwestern hires former HealthAmerica executive Steve Hall as senior VP in Atlanta

Companies & People: Transwestern hires former HealthAmerica executive Steve Hall as senior VP in Atlanta

ATLANTA – Transwestern recently announced that its healthcare advisory services team has hired Steve Hall as senior VP. In his new role, Mr. Hall advises owners and users of medical office space on portfolio management, asset acquisition and disposition, build-to-suit development, and lease negotiation and administration.

Companies & People: Duke Realty hires former health system exec Jared Stark as VP of healthcare development

Companies & People: Duke Realty hires former health system exec Jared Stark as VP of healthcare development

INDIANAPOLIS – Jared L. Stark, who has served in executive leadership positions with several healthcare organizations and hospitals, has been named senior VP of healthcare development at Indianapolis-based Duke Realty Corp. (NYSE: DRE).

Companies & People: Kevin Tyler joins Welltower REIT’s West Coast office as VP-investments

Companies & People: Kevin Tyler joins Welltower REIT’s West Coast office as VP-investments

TOLEDO, Ohio – Kevin Tyler recently joined the West Coast office of Toledo-based Welltower Inc. (NYSE: HCN) as VP–investments.

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Flower Mound Medical Portfolio in Flower Mound, Texas. (Photo courtesy of Stae Equity Partners)

News Release: Just Closed – Flower Mound Medical Portfolio

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Flower Mound Medical Portfolio in Flower Mound, Texas. The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Flower Mound Medical Portfolio (the “Property”) in Flower Mound, Texas. Lee Asher and Chris Bodnar of the U.S. Healthcare […]

Community Health Systems locations (Map courtesy of CHS)

News Release: Community Health Systems Completes Sale and Leaseback of Ten Medical Office Buildings

December 22, 2016 04:15 PM Eastern Standard Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have completed the sale and leaseback of ten (10) medical office buildings for $163 million to HCP, Inc. (NYSE:HCP). The buildings, with a combined total of 756,183 square feet, are located in five […]

News Release: Embree closes on Fresenius locations in Texas and Colorado

News Release: Embree closes on Fresenius locations in Texas and Colorado

EL PASO, TX & FORT COLLINS, CO Just Closed Embree Capital markets Group Inc. is pleased to announe the closing of two newly-built Fresenius locations in El Paso, Texas & Fort Collins, Colorado. New 2016 Construction 15-Year NN Lease 1.7% Annual Escalations Three, 5-Year Options Sold at 98% of Asking Price Buyers Committed 7 Months before […]

News Release: Embree closes on the sale of three Memory Care America communities in Texas and Arkansas

News Release: Embree closes on the sale of three Memory Care America communities in Texas and Arkansas

SAN ANTONIO, TX | NEW BRAUNFELS, TX | LITTLE ROCK, AR Just Closed Embree Capital markets Group Inc. is pleased to announe the closing of three newly-built Memory Care Americas located in El San Antonio, Texas, New Braunfels, Texas & Little Rock, Arkansas. New 2016 Construction 15-Year Absolute NNN Leases 2.0% Annual Escalations 146,207 Total Sq. […]

Chino Hills Professional Plaza in Chino Hills, Calif. (Photo courtesy of CBRE)

News Release: JUST SOLD – Inland Empire Medical Property Trades for $401 PSF

CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a 40,041 square foot multi-tenant medical/office project located at 2140 Grand Avenue, Chino Hills, CA.  The sale price was $16,056,560 or $401 PSF. Gary Stache, Mark Shaffer, Anthony DeLorenzo, Chris Bodnar, Lee Asher and John Oien of CBRE represented the seller, Stonecreek Company, […]

Ryan Companies US Inc. and Park Nicollet Health Services recently celebrated the grand opening of Park Nicollet Rehabilitation Services and Physicians Neck & Back Center. (Photo courtesy of Ryan Companies)

News Release: Ryan Companies’ Newest Medical Office Building Opens in Maple Grove, MN

Park Nicollet Health Services opens Park Nicollet Rehabilitation Services and Physicians Neck & Back Center Minneapolis, MN (December 20, 2016) — Ryan Companies US, Inc. and Park Nicollet Health Services celebrated the grand opening of Park Nicollet Rehabilitation Services and Physicians Neck & Back Center.  The 26,000-square foot, one-story, retail medical office building is located […]

The 178-unit Heartis MidCities senior community is underway in Bedford, Texas. (Rendering courtesy of Caddis)

News Release: Caddis breaks ground on Heartis MidCities, a senior living community

The national healthcare real estate firm is building an amenity-filled independent living, memory care and assisted living residence in Bedford DALLAS and FORT WORTH, Texas, Dec. 21, 2016 – Caddis is moving full speed ahead with its newest Heartis® senior living community in Texas – the 178,530 square foot Heartis MidCities in Bedford, about 14 […]

Heartis Fayetteville is scheduled to be completed in late 2017. (Rendering courtesy of Caddis)

News Release: Heartis breaks ground on its first senior housing community in Georgia

Caddis, a national healthcare real estate firm, plans to develop independent living, assisted living and memory care senior communities across the region FAYETTEVILLE, Ga., and DALLAS, Dec. 20, 2016 – As part of a major expansion into the Southeastern United States, Caddis, a national healthcare real estate firm headquartered in Dallas, recently broke ground on […]