News Release: Blue West Capital Arranges the Sale of New Construction Single Tenant UCHealth in Erie, CO
ERIE, CO – [February 3, 2022] – Blue West Capital has completed the sale of the single tenant net lease UCHealth medical office building located at 2970 Arapahoe Road in Erie, CO for $5,650,000. Tom Ethington, of Blue West Capital, represented the 1031 exchange buyer, an Arizona-based family. The seller was a local developer. The […]
News Release: Sale Announcement: Closing of $12.05M Single Tenant Absolute NNN 15-Year SLB Portfolio (4)
Whitewater Eye Centers Real Estate Portfolio: Madison Street Group is pleased to announce the sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: § The Portfolio consists of three (3) MOBs with one (1) ambulatory surgery center (ASC), and one (1) […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 02, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 2, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Montecito Medical Acquires Medical Office Building in Dallas
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas suburb of Plano, TX. The 31,247 square-foot building tenanted by five medical providers and anchored by Dallas Neurological and Spine. “We are delighted to acquire yet another high-quality medical office asset in the DFW […]
News Release: Mediplex Property Group Begins Construction on New Medical Office Building in Newtown, PA
FORT WASHINGTON, Pa., Feb. 1, 2023 /PRNewswire/ — Mediplex Property Group (MPG) has begun a build-to-suit renovation on a single-story, 12,800 square foot building at 101 Pheasant Run Road in Newtown, PA. Upon completion in late 2023, Mediplex Newtown will house a combination of outpatient healthcare modalities, including: clinical offices, a physical therapy center, imaging […]
News Release: SAC Health Acquires Former Wells Fargo Building in San Bernardino to Expand Services in the Region.
SAC Health completed the purchase of former Wells Fargo regional headquarters building on 1003 E. Brier in the city of San Bernardino to provide expanded services and clinics in the region. SAN BERNARDINO, Calif. (PRWEB) January 31, 2023 — SAC Health, a community-based health center, completed the purchase of the former Wells Fargo regional headquarters […]
News Release: First Citizens Bank Provides $52.4 Million to Finance Portfolio of Medical Office Building Properties
NEW YORK, Jan. 31, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. The portfolio consists of an aggregate of more than 300,000 […]
News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati
Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two orthopedic medical office buildings in the Cincinnati area. The buildings, which have a combined total of more than 130,000 square feet, are fully leased to Beacon Orthopedics, the Cincinnati area’s dominant orthopedic practice. Each of the properties […]
News Release: Wolf Capital Partners buys medical office building in the Heights
A 120,000-square-foot medical office building in the Heights has traded hands. Houston-based Wolf Capital Partners paid an undisclosed amount to acquire Heights Medical Tower at 427 W. 20th St. Harris County Appraisal District records said the building was valued at $786,000 as of Jan. 1, 2021. Wolf Capital Partners said it plans to rebrand the […]
News Release: MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio
Kinston, NC and Jacksonville, NC – MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio of properties located at 2541 N. Queen St., and 4 Josh Court. Both properties are occupied by the Atlantic Medical Group. The properties have been acquired as a sale leaseback transaction under a long-term, […]
News Release: Balcor Commercial Announces Parc Binz II
HOUSTON–(BUSINESS WIRE)–Following the success of Parc Binz I, a mixed-use development featuring offices and restaurants in the heart of Houston’s museum district, Balcor Commercial announces phase two: Parc Binz II. “As Park Binz I is fully leased, we look forward to providing another high-quality development in this area of town,” says Chris Balat, Founder and […]
News Release: Matthews™ Closes $8,817,500 Portfolio Sale of Emory at LaGrange
Transaction Included Numerous Properties LaGrange, GA— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $8,817,500 seven-property portfolio sale of multiple Emory at LaGrange facilities. Senior Associate Ryan Burke and First Vice Presidents and Senior Directors Michael Moreno and Rahul Chhajed represented the seller in the transaction. . The seller, a large physician group, […]
News Release: Healthcare provider signs 13,369 SF medical office lease in Santa Clarita suburb of Los Angeles, California
JLL represented tenant Northeast Valley Health Corporation in the lease LOS ANGELES, January 18, 2023 – Confirming the strength of the Los Angeles area healthcare real estate market, JLL announced today that Northeast Valley Health Corporation (NEVHC) has signed a 13,369 -square-foot lease at 17909 Soledad Canyon Road in Santa Clarita, California. NEVHC will use […]
News Release: WOODSIDE HEALTH SEEDED PROGRAMMATIC JOINT VENTURE ARIZONA, TEXAS, FLORIDA & GEORGIA | JANUARY 2023
Newmark’s Healthcare Capital Markets practice announces the recapitalization of a 10-property, 423,000-square-foot medical office portfolio that spans four states. The recapitalization will seed a joint venture between Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC and an affiliate of Heitman LLC, a global real estate investment management firm with $53 […]