News Release: Vitalis Acquires Campus Adjacent MOB in Cincinnati, Ohio for $6,400,000.
The transaction closed on September 22nd, 2022. Vitalis closed on a 16,500 SF campus adjacent medical office building located at 4665 E. Galbraith Road in Cincinnati, OH. The building sold for $6,400,000 or $387 / SF and closed off-market. Infiniti Dialysis, Nephrology Associates of Greater Cincinnati, Bernstein Allergy & Bernstein Clinical Research occupy 100% of […]
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: 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: 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: 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: 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: NexCore Group orthopedic medical office building opens in Omaha, Neb. suburb
OrthoNebraska Council Bluffs facility now open in Iowa DENVER, Sept. 14, 2022 /PRNewswire/ — Just over a year after breaking ground in Council Bluffs, Iowa, Denver-based health care real estate developer NexCore Group is celebrating the grand opening of a new orthopedic medical office building (MOB) located at 1260 Valley View Drive in Council Bluffs. […]
News Release: Realty Trust Group Helps Develop and Manage New UT Medical Center Orthopaedic Institute
KNOXVILLE, Tenn., Sept. 15, 2022 — Realty Trust Group (RTG) partnered with leaders from The University of Tennessee (UT) Medical Center, OrthoTennessee, and UT Research Park at Cherokee Farm to develop a new orthopaedic institute in Knoxville, TN. For a video on the project, please click here. “This joint venture facility provides the opportunity to better […]
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: 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: 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: 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 […]