News Release: Kimberly Querrey, Louis Simpson Trust give $121 million to Northwestern
Transformational gift will significantly expand the University’s biomedical research and executive education program October 18, 2022 3:00 PM CHICAGO — Northwestern University Trustee Kimberly K. Querrey (’22, ’23 P) and the Louis Simpson Trust have made a new $121 million gift to Northwestern to advance biomedical discovery at the Feinberg School of Medicine, reinforce the […]
News Release: Longfellow Announces Agreement to Enter in Joint Venture with PSP Investments & Norges Bank Investment Management
October 18, 2022 New joint venture set to invest in and develop innovative life science real estate in key UK markets London, UK (18/10/2022) – Longfellow Real Estate Partners announced today it has exchanged agreements to enter into a partnership with the Public Sector Pension Investment Board (PSP Investments) and Norges Bank Investment Management (NBIM). […]
Feature Story: The private equity effect
Colliers panelists discuss how PE investments in physician groups affect HRE By John B. Mugford As recently as 2001, about 60 percent of U.S. physicians were independent, meaning they owned and operated their own practice. In those days, most medical office buildings (MOBs) were multi-tenant, and most healthcare real estate (HRE) developers, owners and brokers […]
News Release: CIT Provides $39.25 Million for Acquisition of Medical Office Buildings
NEW YORK — Oct. 18, 2022 — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and Idaho. The properties were acquired by affiliates of Ridgeline Capital […]
News Release: Catalyst and National Celebrate the Completion of Lutheran Health Networks Newest Facility
PENSACOLA, FL – 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, celebrate the completion of a 24,000-square foot healthcare facility in Fort Wayne, Ind. Lutheran Health Network and Catalyst […]
News Release: NAI James E. Hanson Negotiates 406,437-Square-Foot Industrial Renewal in Carteret, N.J.
Carteret, N.J. (October 18, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a 406,437-square-foot full building lease renewal with Continental Terminals at 200 Middlesex Avenue in Carteret, N.J. James E. Hanson’s Scott Perkins, SIOR, Chris Todd, SIOR, Andrew Somple, SIOR, Greg James and […]
News Release: JLL Healthcare expands Integrated Facilities Management offerings
JLL’s new Performance Optimization Program is a data-driven advisory service focused on improving patient experiences and facility quality while reducing risks and costs CHICAGO, Oct. 18, 2022 – JLL announced today the addition of its new Performance Optimization Program (POP) to its Integrated Facilities Management Healthcare offerings. The data-driven approach provides visibility into acute […]
News Release: JLL Capital Markets has closed the sale of five medical office properties in Atlanta, East Point and Macon, Georgia; Pasco, Washington; and Twin Falls, Idaho.
Medical office buildings in Georgia, Washington and Idaho trade for $22.5M JLL Capital Markets closed the sale of the 5-property healthcare portfolio occupied by DaVita Dialysis BOSTON, October 12, 2022 – JLL Capital Markets announced today that it has closed the $22.5 million sale of five, fully leased medical office properties totaling 72,158 square feet […]
News Release: Agora Acquires Tarzana MOB in Off-Market Deal
For Immediate Release: Tarzana, CA (October 17, 2022) — Agora Realty & Management (Agora) has announced the acquisition of a 75,000-square-foot medical office building, Tarzana Medical Plaza, located at 5525 Etiwanda Ave. in the city of Tarzana, in San Fernando Valley. The three-story building is 90 percent occupied, with tenants that include Providence Healthcare Systems, […]
News Release: Anchor Health Properties Structures Unique Transaction to Lease and Convert 97,000 Square Foot Asset to Class A Medical Office Space
FOR IMMEDIATE RELEASE October 17, 2022 (Atlanta, GA) Demonstrating the company’s institutional level capabilities to deliver tailored, innovative financial solutions, 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 four story, 96,357 square foot, Class A medical office building […]
News Release: BGL Announces the Real Estate Sale of Gastroenterology Health Partners (New Albany, Ind.)
October 17, 2022 Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of Gastroenterology Health Partners, totaling approximately 20,544 rentable square feet in New Albany, Indiana, to Flagship Healthcare Properties. BGL’s Healthcare Real Estate team served as consultants to the seller in the transaction. Gastroenterology Health Partners, a division of […]
News Release: Northmarq Completes Stan Johnson Company Acquisition
The merger provides clients with increased opportunities within all domestic commercial real estate markets October 17, 2022 09:00 AM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–Northmarq, a leader in commercial real estate capital markets, announced today the completion of its acquisition of Stan Johnson Company (SJC), a real estate brokerage and advisory firm that focuses on investment […]
News Release: Montecito Medical Acquires Digestive Health and Surgery Center Property Near Pittsburgh, PA
PITTSBURGH, Oct. 14, 2022 — Montecito Medical, a premier owner of medical office properties nationwide, has completed the acquisition of a 17,865-square foot medical building in the Pittsburgh area. The building is fully occupied under long-term lease by two medical tenants: U.S. Digestive Health and Southwestern Endoscopy Center. “We are excited about the opportunity to […]
News Release: Mayor Adams, Governor Hochul Unveil Plan for First-of-Its-Kind Job and Education Hub for Growing Health Sector
October 13, 2022 Video available at: https://youtu.be/nMvukya07Bc Historic Investment from City and State, in Partnership With CUNY, Will Ensure New York City Becomes Global Leader in Accessible Life Science and Public Health Careers New, State-of-the-Art Brookdale Campus Will Create Career Pipeline for New York City Students and Anchor Life Sciences Industry New Project Delivers on […]
News Release: Compass Health Announces $14 Million Capital Campaign for Broadway Campus Redevelopment
Northwest Washington’s behavioral healthcare leader has already raised more than 70 percent of the campaign’s goal, invites community to invest in regional center to meet intensive mental health needs October 13, 2022 12:12 PM Eastern Daylight Time EVERETT, Wash.–(BUSINESS WIRE)–Compass Health is building the future of behavioral health care in the region and community members […]