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Outpatient Projects

Medical Office Buildings

News Release: Recent Sale Swettenham Ortiz Healthcare Team

News Release: Recent Sale Swettenham Ortiz Healthcare Team

87 Scripps Drive, Sacramento, CA SACRAMENTO, Aug. 31, 2022 — Colliers is pleased to announce the closing of 87 Scripps Drive, a 30,998  SF Medical Office Building located in Sacramento, California. The property is located in the prominent Scripps Drive medical hub in Sacramento, CA. Congratulations to both Buyer and Seller in this transaction.   Swettenham […]

News Release: Fairfield Advisors announces sale of Tucson Orthopedic Medical Building in Tucson, AZ.

News Release: Fairfield Advisors announces sale of Tucson Orthopedic Medical Building in Tucson, AZ.

– $5,500,000 Transaction – DENVER, Aug.30, 2022 – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Tucson Orthopedic Institute’s Medical Building located at 12315 North Vistoso Park Drive in Oro Valley, Arizona. The Medical Office Building is 10,500 square feet and was built in 2017. […]

News Release: Owner of surgery center building in Hendersonville, TN, chooses Montecito Medical

News Release: Owner of surgery center building in Hendersonville, TN, chooses Montecito Medical

HENDERSONVILLE, Tenn., Aug. 29, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a surgery center building in the Nashville suburb of Hendersonville, Tennessee. The Indian Lake Surgery Center property, which offers approximately 7,300 square feet of space, is 100% leased. “We are excited to […]

News Release: Memorial Health Announces New Memorial Jerome Medical Center (Ohio)

News Release: Memorial Health Announces New Memorial Jerome Medical Center (Ohio)

Facility to Meet Patient Needs of Developing Jerome Area MARYSVILLE, Ohio, Aug. 26, 2022 — At its May monthly meeting, the Board of Trustees of Memorial Health approved the purchase of six acres of land near the intersection of Routes 42 and 33, with frontage along the busy highway that runs from Dublin to Marysville […]

News Release: Montecito Medical Acquires Two Medical Office Properties in Lake Charles, LA

News Release: Montecito Medical Acquires Two Medical Office Properties in Lake Charles, LA

Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired two medical office buildings in Lake Charles, Louisiana. The buildings offer a combined total of 54,417 square feet and are 100% leased. The larger of the two properties, with 41,000 square feet, is occupied by the Center for Orthopaedics. The Center […]

News Release: Fairfield Advisors Announces $5,500,000 Sale of Tucson Orthopedic Institute MOB

News Release: Fairfield Advisors Announces $5,500,000 Sale of Tucson Orthopedic Institute MOB

TUCSON, Aug. 23, 2022 — Fairfield Advisors announced that it has facilitated the sale of the Tucson Orthopedic Institute Medical Office Building located at 12315 N. Vistoso Park Drive in Oro Valley, AZ. Fairfield represented the seller in the transaction. The building was built in 2017 and totals 10,500 square feet. Tucson Orthopedic Institute is the […]

News Release: Newmark Completes Sale of Hermosa Beach Office Building for $19.5 Million

News Release: Newmark Completes Sale of Hermosa Beach Office Building for $19.5 Million

HERMOSA BEACH, Calif., Aug. 23, 2022 — Newmark[1] announces it has completed the $19.5 million sale of 2200 Pacific Coast Highway, a three-story, executive office building in Hermosa Beach, California. Newmark Private Capital Group’s Vice Chairman Sean Fulpand Managing Directors Ryan Plummer and Mark Schuessler in partnership with Executive Managing Directors Geoff Ludwig and Eric Lastition […]

News Release: Birmingham-Developed VA Clinic Opens in Des Moines, Iowa

News Release: Birmingham-Developed VA Clinic Opens in Des Moines, Iowa

Birmingham, Ala., Aug. 19, 2022— Johnson Healthcare Real Estate, a Birmingham, Alabama-based development and management firm, recently celebrated the opening of the newest outpatient clinic for the U.S. Department of Veterans Affairs (VA) in Des Moines, Iowa. The clinic features primary care, mental health, physical medicine and rehabilitation, prosthetics and sensory aids, radiology, pathology and […]

News Release: PMB & Beach City Health District’s Healthy Living Campus Modernization Moves Forward

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

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

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

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

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

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 […]