News Release: Montecito Medical™ Acquires Women’s Health Building in Lynchburg, VA
NASHVILLE, Tenn., Nov. 17, 2022, (BUSINESS WIRE)–Montecito Medical™ has completed the acquisition of a women’s health medical office building in Lynchburg, Virginia. The property, which offers 21,657 square feet, is 100% occupied under a long-term lease by Women’s Health of Central Virginia. “We are pleased to enter in a sale-leaseback transaction with a leading specialty practice […]
News Release: McCarthy Completes Cancer Center at CHRISTUS Mother Frances Hospital – Tyler
85,000-square-foot center brings cancer care to Northeast Texas Tyler, TX – November 16, 2022 – McCarthy Building Companies, Inc. has completed construction of the Northeast Texas Cancer and Research Institute in Tyler, Texas. A Cottonwood Development project, the 85,000-square-foot research facility is located on the CHRISTUS® Trinity Mother Frances – Tyler campus and will now […]
News Release: The RMR Group Reports Approximately 2.7 Million Square Feet of Leasing Activity for the Three Months Ended September 30, 2022
81 Leases Executed for a Weighted Average Roll Up in Rent of More Than 23% NEWTON, Mass., Nov. 17, 2022, (BUSINESS WIRE)–The RMR Group (Nasdaq: RMR) announced the execution of 81 leases for approximately 2.7 million square feet on behalf of its clients during the three months ended September 30, 2022, including 32 leases […]
News Release: Healthcare provider signs 13,369 SF medical office lease in Los Angeles suburb of Santa Clarita, California
JLL represented tenant Northeast Valley Health Corporation in the lease LOS ANGELES, November 16, 2022 – Confirming the strength of the Los Angeles area healthcare real estate market, JLL announced today that Northeast Valley Health Corporation (NVHC) has signed a 13,369 -square-foot lease at 17909 Soledad Canyon Road in Santa Clarita, California. NVHC will use […]
News Release: Holladay Properties to Redevelop Former Behavioral Health Facility in Orlando
Orlando, Fla., Nov. 16, 2022 — Holladay Properties has acquired the 71,000 SF former behavioral health facility adjacent to the Orlando Health Dr. P. Phillips Hospital for $11M. The property is located at 7450 Sandlake Commons Blvd and had previously been owned and operated by Westgate Resorts for the past twenty years for administrative uses. As […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Closes Third Investment in the Brazos Valley, Texas
Dallas, TX (November 16, 2022) – Big Sky Medical announces the closing of Texas A&M Health Science Center in Bryan, Texas. The property is conveniently located five miles southwest of the main Texas A&M University campus. The addition of the Texas A&M Health Science Center brings Big Sky’s total holdings in the Brazos Valley to […]
News Release: New Roper Hospital Medical Campus to be “paradigm for providing healthcare”
NORTH CHARLESTON, S.C., Nov. 16, 2022 — Roper St. Francis Healthcare will make an unprecedented investment in Lowcountry patients by building a new Roper Hospital Medical Campus in North Charleston. The campus will occupy 27-acres near Interstates 26 and 526 and be easily accessible for patients living in Berkeley, Charleston or Dorchester counties. The $1 billion […]
News Release: Bulfinch Leases 17,000 SF to Xenon Pharmaceuticals
BOSTON, MA – November 15, 2022 An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, today announced a new lease with Xenon Pharmaceuticals, Inc. for 17,000 SF at 117 Kendrick Street in Needham, MA. Xenon Pharmaceuticals is a clinical stage biopharmaceutical company committed to developing innovative therapeutics to improve […]
News Release: Silver Cross Hospital, Premier Suburban Medical Group Break Ground on Future Medical Building in Orland Park
November 15, 2022 Silver Cross Hospital and Premier Suburban Medical Group (PSMG) broke ground yesterday on a future 42,000-square-foot medical building at the northeast corner of 171st Street and LaGrange Road in Orland Park. Expected to open in early 2024, the new facility will take the partnership between Silver Cross and PSMG to a whole […]
News Release: Caddis Healthcare announces a new medical building in Buckeye, AZ
23330 W. Yuma Rd., Buckeye, AZ 85326 MEDICAL OFFICE DEVELOPMENT IN BUCKEYE, AZ FOR LEASE +/- 43,600 SF – 2-Story Breaking Ground Q1 2023 Tenant Ownership Opportunity at Sundance Medical Pavilion FOR LEASE Caddis Healthcare announces a new medical building in Buckeye, AZ Breaking Ground Q1 2023 +/- 43,600 SF – 2-Story 23330 W. Yuma […]
Feature Story: Atlanta stands out for MOB absorption
Houston, Chicago, Dallas and New York also saw high demand, according to Revista By John B. Mugford Although absorption of medical office building (MOB) space remains strong in the country’s top 50 markets, one market really stands out when it comes to demand for the product type. That market is Atlanta, where nearly 1.4 million […]
News Release: Goldman Sachs Asset Management and Lincoln Harris Purchase 445,000-Square-Foot Life Science Campus in the Heart of Raleigh-Durham’s Research Triangle Park Region
NEWS PROVIDED BY Lincoln Harris Nov 15, 2022, 09:00 ET DURHAM, N.C., Nov. 15, 2022 /PRNewswire/ — A fund managed by the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) and North Carolina real estate firm Lincoln Harris is acquiring a five-building life science campus that’s part of Triangle Business Center, set in the […]
News Release: Hammes Healthcare celebrates opening of The MetroHealth Glick Center in Cleveland
FOR IMMEDIATE RELEASE: Milwaukee, WI, November 15, 2022 – Hammes Healthcare, a leading provider of consulting and project management services, is proud to celebrate the opening of the new MetroHealth Glick Center in Cleveland, Ohio. The new 386-bed, 11-story Glick Center is part of a wider campus transformation program focused on healthcare equity for the […]
News Release: First Speculative Medical Office Building Constructed in Encinitas, CA in 15 Years
For Immediate Release Cushman & Wakefield handling Project Leasing for new San Diego facility to fulfill rising demand in healthcare services SAN DIEGO, Calif. – November 14, 2022 – Construction is nearing completion on a brand new Class A multi-tenant medical office building in Encinitas (San Diego), California. Located at 777 N El Camino Real, […]
News Release: CA Establishes Dedicated Life Science Practice
FOR IMMEDIATE RELEASE Alessio Tropeano will lead the division, beginning with the execution of the firm’s initial life science project in Emeryville CHICAGO (November 14, 2022) – CA Ventures (“CA”), the vertically integrated real estate investment management company, today announced the formal launch of its life science platform with the appointment of Alessio Tropeano as […]