News Release: Abrazo continues Buckeye Campus development planning
BUCKEYE, Ariz., Sept. 27, 2022 – Abrazo Health continues development planning for its new Buckeye campus, releasing a conceptual rendering of a 65,000 sq. ft. medical office building. Construction on the site is expected to begin in the coming months. Abrazo Health acquired 27 acres for its Buckeye medical campus near the southwest corner of […]
News Release: CBRE Investment Management Closes $45 Million Mortgage Loan for Medical Office Property Outside Denver
DENVER, Sept. 22, 2022 — A fund sponsored by CBRE Investment Management closed on a $45.2 million mortgage loan for the refinancing of the Synergy Medical Center. The floating-rate loan has an initial term of three years and can extend for up to two years. Synergy Medical Center is a newly constructed, Class A, 104,000-square-foot medical […]
News Release: New 45,000 SF Medical Office Building Takes Shape at Mercy Medical Commons
NEWS PROVIDED BY PMB Sep 27, 2022, 07:58 ET New Construction of Gilbert, AZ medical facility will host much-needed graduate medical education program in the East Valley. GILBERT, Ariz., Sept. 27, 2022 /PRNewswire/ — The first frame panels for the third Mercy Gilbert Medical Office Building have been lifted into place, keeping the project on schedule […]
News Release: Montecito Medical Acquires Portfolio of Orthopedic Properties in Southeast Pennsylvania
EAST NORRITON and POTTSVILLE, Pa., Sept. 26, 2022 — Montecito Medical has completed the acquisition of two orthopedic medical office properties in East Norriton and Pottsville, PA. The buildings are fully occupied under long-term lease by Premier Orthopaedics. The newly constructed East Norriton property opened earlier this year. With over 35 locations in the Greater Philadelphia […]
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 […]