News Release: PMB & Beach City Health District’s Healthy Living Campus Modernization Moves Forward
FOR IMMEDIATE RELEASE BCHD Board votes 5-0 to select developer, operator and design-build team. With campus remodel focused on preventive wellness for all ages, goal is to address everything from the need for assisted living to teen mental health REDONDO BEACH, CA., Aug 18, 2022 – In a 5-0 vote, the Beach Cities Health District […]
News Release: Medical office building in northern New Jersey trades
JLL Capital Markets led the sales effort for the 95%-leased Patriot Plaza in Hackettstown, NJ MORRISTOWN, N.J., August 11, 2022 – JLL Capital Markets announced today that it has closed the sale of Patriot Plaza, a 65,658-square-foot, multi-tenanted medical office building in Hackettstown, New Jersey. JLL represented the seller, a private company, in the sale […]
News Release: PMB & UChicago Medicine break ground on $121 million multispecialty care facility in Crown Point, Indiana
This new 130,000 SF multispecialty care center and micro-hospital in Northwest Indiana will be the largest off-site facility for the academic health system. CROWN POINT, Ind., Aug. 10, 2022 /PRNewswire/ — PMB along with The University of Chicago Medicine broke ground on a new two-story, 130,000-square-foot multispecialty care center and micro-hospital in Northwest Indiana for […]
News Release: BGL Healthcare Real Estate Medical Office Market Update Q2 2022
The BGL Medical Office Market Update is a quarterly research publication highlighting national medical office building transactions and industry trends within the medical office building real estate market. Medical office transactions slowed in Q2 2022 compared to Q2 2021 levels. Year-over-year transaction volume dropped to $2.94 billion from $3.28 billion, a 10.4% decrease. Even though […]
News Release: Newmark Arranges Sale of Net-Leased Medical Office Building in Los Angeles’ Eagle Rock Neighborhood for $18.25 Million
Los Angeles, Calif., Aug. 9, 2022 — Newmark[1] announces the sale of a single-tenant net-leased medical office building in the Eagle Rock neighborhood of Los Angeles, California. Leased by Adventist Health Glendale since 2003, the critical outpatient facility is located one mile from Adventist Health Glendale hospital. Newmark Vice Chairmen Sean Fulp and Bill Bauman, Executive […]
News Release: Montecito Medical Acquires Medical Office Property in Las Vegas
LAS VEGAS, Nev. Aug. 5, 2022 — Montecito Medical has completed the acquisition of a medical office building occupied by a leading specialty provider in Las Vegas, Nevada. The 7,006 square-foot building is fully leased to Shepherd Eye Center. “As we continue to build a strong presence in Las Vegas, we are pleased to be […]
News Release: Tryon Medical Partners Signs Lease at the Park 51 Center
Pineville, NC, August 4 2022 – MPV Properties (“MPV”) and Tryon Medical Partners (“Tryon”) are pleased to announce that Tryon has signed a lease for 25,000 SF at the Park 51 Center in the building that will be vacated by Blacklion in early 2023. When it is open, Tryon will relocate its current Pineville office […]
News Release: TRYON MEDICAL PARTNERS SIGNS LEASE AT THE PARK 51 CENTER
Pineville, NC (August 2022) – MPV Properties (“MPV”) and Tryon Medical Partners (“Tryon”) are pleased to announce that Tryon has signed a lease for 25,000 SF at the Park 51 Center in the building that will be vacated by Blacklion in early 2023. When it is open, Tryon will relocate its current Pineville office to […]
News Release: A&G Markets Medical Office Investment Opportunity in Northern New Jersey, Florida and New York
11-property portfolio boasts potential for strong returns via an equity infusion and more focused approach to management and leasing, says A&G Co-President Emilio Amendola MELVILLE, N.Y., Aug. 4, 2022 /PRNewswire/ — A&G Real Estate Partners is marketing an 11-property medical office portfolio that includes nine properties in northern New Jersey, along with individual assets in […]
News Release: Catalyst and National Acquire a 244,500 Square-Foot Clinic Campus in Great Falls, Montana
PENSACOLA, FL, August 4, 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, are excited to announce the acquisition of the Great Falls Clinic Campus, a 244,500 square foot, three-building portfolio […]
News Release: Topping-Off Ceremony Held for 15-Story State-of-the-Art Robert Wood Johnson Medical Pavilion in New Brunswick
Developed by AST, the 229,000-square-foot building will increase access to comprehensive care in the region New Brunswick, N.J. (August 2, 2022) – AST, RWJBarnabas Health and New Brunswick Mayor James Cahill celebrated a topping-off ceremony and beam signing on what will be the ceremonial final beam of the 15-story steel frame of a state-of-the-art ambulatory medical pavilion […]
News Release: Montecito Medical Acquires Medical Office Property in Tampa Area
NASHVILLE, Tenn., Aug. 3, 2022 –(BUSINESS WIRE)–Montecito Medical has completed the acquisition of a 37,000-square-foot medical office building in Lithia, Florida. The building, which opened in 2021, is fully occupied under long-term lease by Orthopaedic Medical Group (OMG) of Tampa Bay. “This is an outstanding asset in a very attractive submarket, and we are especially […]
News Release: Topping-Off Ceremony Held for 15-Story State-of-the-Art Robert Wood Johnson Medical Pavilion in New Brunswick
Developed by AST, the 229,000-square-foot building will increase access to comprehensive care in the region New Brunswick, N.J. (August 2, 2022) – AST, RWJBarnabas Health and New Brunswick Mayor James Cahill celebrated a topping-off ceremony and beam signing on what will be the ceremonial final beam of the 15-story steel frame of a state-of-the-art ambulatory […]
News Release: Owner of Tampa-area medical office chooses Montecito Medical
LITHIA, Fla., August 2, 2022 — Montecito Medical has completed the acquisition of a 37,000-square-foot medical office building in Lithia, Florida. The building, which opened in 2021, is fully occupied under long-term lease by Orthopaedic Medical Group (OMG) of Tampa Bay. “This is an outstanding asset in a very attractive submarket, and we are especially […]
News Release: CBRE Facilitates Sale of 28,700-SF Office and Medical Building in Chula Vista for $8.8 Million ($318/PSF)
CHULA VISTA, Calif., Aug. 2, 2022 — CBRE arranged the sale of a 28,700-sq.-ft. office and medical building in Chula Vista for $8.8 million, or $318 per square foot, to an out-of-town private investor. CBRE’s Matt Pourcho, Anthony DeLorenzo, Matt Harris, Chris Williams and Ramin Salehi represented the seller, Coseo Properties Inc. “We continue to […]
