News Release: Flagship Healthcare Properties’ REIT Acquires Medical Office Building in Memphis
Property is home to two premier medical clinics CHARLOTTE, N.C., Dec. 21, 2022 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a fully-leased, Class A medical office building (MOB) in Memphis, Tennessee. The 26,913-square-foot property is located at 1727 Kirby Parkway and was originally built in 1984 but fully […]
News Release: Buchanan Street Partners Acquires Laguna Hills (Calif.) Medical Office Conversion Property For $28,100,000
Laguna Hills, CA (December 20, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Oakbrook Plaza, a four-story, 120,354 square foot office property in Laguna Hills, California. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a New York City-based fund manager for $28,100,000 in an […]
Feature Story: Outpatient is the place to be as demand rises
MOBs remain a haven for investors, Cushman webinar panelists say By John B. Mugford The COVID-19 pandemic brought about many changes in how people go about their lives and conduct business. One well-known trend that was already underway long before the pandemic is the rising proportion of patient care delivered in outpatient facilities. That change […]
News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project
News Release The state-of-the-art building at 3201 Cuthbert Street will be the largest life sciences research and lab facility in the city PHILADELPHIA, Dec. 19, 2022 – JLL’s Capital Markets group announced today that it has arranged a $290 million construction loan that will allow project partners Gattuso Development Partners and Vigilant Holdings of New […]
News Release: Recent Sale | Medical Office Building | California
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | December 19, 2022 1050 Iron Point Road, Folsom, CA 16,138 SF Medical Office Building We are pleased to announce the sale and lease of a single tenant medical clinic and imaging center building. The building is situated in a high demographic, Class A neighborhood, and […]
News Release: Anchor Health Properties Expands Multi-Asset Pacific Northwest Portfolio with Portland MSA Off Market Transaction
FOR IMMEDIATE RELEASE December 19, 2022 (Portland, OR) Continuing to target the Pacific Northwest as a key investment market, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a 19,916 square foot Class A medical office building in the Clackamas […]
News Release: Planning Application Submitted at Canary Wharf for Europe’s Largest and most Technologically Advanced Life Sciences Building
THURSDAY 15 DECEMBER 2022 Joint Venture between Canary Wharf Group and Kadans Science Partner plans to establish a unique 23- storey vertical campus at the heart of a new world class life sciences ecosystem Canary Wharf Group (“CWG”) and Kadans Science Partner (“Kadans”) are submitting a detailed planning application for a state-of-the-art commercial health and […]
Feature Story: Expert advice – Be patient and proactive
GlobeSt panel remains upbeat about the prospects for LSRE By Murray W. Wolf As we all know, we’re in a period of economic uncertainty that is resulting in a slowdown of life sciences real estate (LSRE) transactions, financing, development and leasing activity. So what’s a LSRE professional to do? A panel of industry experts that […]
News Release: Montecito Medical Acquires Four-Building Medical Office Portfolio in Indiana and Ohio
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a four-building portfolio in eastern Indiana and western Ohio. All four buildings, which offer a combined total of nearly 32,000 square feet, are tenanted by Whitewater Eye Centers. The properties acquired by Montecito include the group’s headquarters in Richmond, IN. […]
News Release: CBRE Arranges $12.6M Sale of 30,677-SF Medical Office Building in Charleston (S.C.)
Press Release December 14, 2021 CBRE has arranged the sale of a 30,677-square-foot medical office building at 615 Wesley Drive in Charleston, S.C. JEMO – Wesley, LLC purchased the property from 615 Wesley Drive, LLC for $12.6 million. CBRE’s Charles Carmody and Ryan Carmody represented the seller in the transaction. “While office product was an […]
News Release: CIT Provides $27.8 Million for Acquisition of Medical Office Buildings in Wichita, Kansas
NEW YORK, Dec. 14, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, Kansas. The portfolio includes […]
News Release: Fairfield Advisors announces sale of Delray Beach Medical Office Building and Surgery Center
– $14,925,000 Transaction – Denver, Colo., Dec. 14, 2022 – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Medical Office Building and Surgery Center located at 4675 Linton Blvd. in Delray Beach, FL. The 32,500 square foot building was built in 2005. The anchor tenant in […]
News Release: The Howard Hughes Corporation® Breaks Ground On Medical Office Building Launching Rejuvenation Of Lakefront District In Downtown Columbia®
NEWS PROVIDED BY The Howard Hughes Corporation Dec 14, 2022, 07:17 ET New 86,000-Square-Foot, Premier Medical Office Building Solidifies Next Phase of Development in Downtown Columbia® COLUMBIA, Md., Dec. 14, 2022 /PRNewswire/ — The Howard Hughes Corporation® (NYSE: HHC) has broken ground on a four-story, $45.8 million medical office building in the Lakefront District in Downtown Columbia®, Maryland, signifying the next phase in the revitalization […]
News Release: Texas Biomed added to national readiness and preparedness network
Posted: 12.13.2022 Move Positions Texas as Top Provider of Medical Countermeasures for Public Safety and National Security SAN ANTONIO (December 13, 2022) – The federal agency that protects against pandemics and bioterrorism has elevated Texas Biomedical Research Institute into the top ranks of its national readiness and preparedness network. The new designation as a prime […]
News Release: HonorHealth breaks ground on new wellness campus
The new facility in Scottsdale will bridge gap between medical and whole-body wellness Scottsdale, Ariz. (Dec. 13, 2022) – HonorHealth, a leading Valley healthcare system serving 1.6 million people in the greater Phoenix and Scottsdale area, broke ground today on a new facility to bring together outpatient care, along with fitness, nutrition and other preventive […]