News Release: Vitalis Acquires Henry Ford Health MOB for $15 million
The transaction closed on April 22nd, 2022. Vitalis and Advenir, acquired a 37,562 SF medical office building in West Bloomfield, MI, 100% occupied by Henry Ford Health on a NNN lease. The building sold for $15,050,000 on April 22nd. Henry Ford Medical Center is strategically located on a heavily trafficked corner 1.5 miles from the […]
News Release: MedCraft Investment Partners Acquires 37,643 SF MOB in Michigan
Multispecialty building located next to destination health campus Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the three-story, 37,643 square foot MOB located at 11885 E. 12 Mile Road in Warren, Michigan. The newly renovated building sits on 2.78 acres and is […]
News Release: MedCraft Investment Partners Acquires 31,152 SF MOB in Columbia, MO
Continuing to add specialist-focused medical office buildings to their portfolio Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the two story, 31,152 SF MOB in Columbia, Missouri. The building at 105 N. Keene Street sits on 4 acres and is located in […]
News Release: PMB & Dignity Health Break Ground on a 45,000 SF Medical Building in Gilbert, AZ
NEWS PROVIDED BY PMB Apr 21, 2022, 14:49 ET As its 3rd project together, the new facility will bring much-needed health care services alongside a graduate medical education program to the East Valley. GILBERT, Ariz., April 21, 2022 /PRNewswire/ — A celebratory groundbreaking ceremony took place on Wednesday, April 20, 2022 to mark the commencement of […]
News Release: Brandywine Realty Trust Announces First Quarter (2022) Results
Press Release Apr 20, 2022 PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2022. Management Comments “We continue to experience increased levels of physical occupancy and traffic as tenants focus on higher quality, well amenitized buildings,” stated Gerard […]
News Release: Brasfield & Gorrie Completes Roxboro at Venable Center (Durham, N.C.)
April 20, 2022 The Research Triangle’s presence in the in-demand life sciences market has increased with the completion of the Roxboro at Venable Center in Durham, North Carolina, by general contractor Brasfield & Gorrie. The eight-story, mixed-use building includes 213,000 sq ft of shell office and lab space, including: Efficient floorplates Two independent sky deck lounges A […]
News Release: Healthcare M&A Market Remains Strong in Q1:22 Despite Slowdown, According to Acquisition Data from Irving Levin Associates
Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according to new acquisition data from Irving Levin Associates NEW CANAAN, CONN. (PRWEB) APRIL 20, 2022 Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according […]
Transactions: Canadian REIT closes on $601.9M U.S. portfolio acquisition
Deal included 27 assets totaling 1.2M s.f.; Harrison Street was the seller, JLL the broker By Murray W. Wolf Toronto-based NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) confirmed yesterday (April 19) that it has closed on its previously announced $601.9 million (U.S.) / $764.3 million (Canadian) acquisition of 27 healthcare properties totaling about […]
News Release: Meridian Sells Historic 53,000 SF Medical Office Building in Phoenix for $17.9 Million
FOR IMMEDIATE RELEASE: PHOENIX, Ariz. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has closed escrow on the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000-square-foot medical office building in Phoenix, Arizona, Meridian has sold the building to a private […]
News Release: Harrison Street Sells $600 Million Portfolio Of Medical Office Properties
Highly Complex Transaction Comprises 27 Assets Held in Multiple Funds and More Than 1.2 Million Rentable Square Feet Across 10 States CHICAGO — April 19, 2022 — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the sale of 27 medical office building assets valued at approximately […]
News Release: Pinnacle Financial Partners Announces 1Q22 Dividend
April 19, 2022 05:35 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 27, 2022 to common shareholders of record as of the close of business on May 6, 2022. Additionally, the […]
News Release: Banner Health to build new hospital in Buckeye (Ariz.)
Apr 19, 2022 11:55 AM MST New facility will support Phoenix area’s growing Southwest Valley PHOENIX (April 19, 2022) – Banner Health is planning construction for a new, comprehensive medical center in the Southwest Valley of metro Phoenix. Banner Health is the leading health care provider across metro Phoenix, recognized for building new hospitals and […]
News Release: Clarion Partners Real Estate Income Fund Inc. (CPREIF) Enters San Diego Life Sciences Market with New Acquisition in Carlsbad, CA
Investors see booming demand for life sciences R&D and laboratory facilities April 19, 2022 09:00 AM Eastern Daylight Time SAN MATEO, Calif.–(BUSINESS WIRE)–Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically expanded its property portfolio with the acquisition of Fusion Life Science HQ*, a 121,541 square foot hybrid creative office and research and development […]
News Release: Northwest Healthcare Properties Real Estate Investment Trust Announces Closing Of $765 Million Us Portfolio Acquisition
April 19, 2022 at 7:00 AM EDT TORONTO, April 19, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the (TSX: NWH.UN) (“NorthWest” or the “REIT”), Canada’s leading global diversified healthcare real estate investment trust, announced today the closing of its previously announced $765 million (US$601.9 million) acquisition of 27 cure-focused healthcare properties located in the United States is now closed (the “US Portfolio”). […]
News Release: JLL arranges $600M sale of healthcare property portfolio across 10 states
NEWS PROVIDED BY JLL Apr 19, 2022, 16:30 ET NorthWest Healthcare Properties REIT acquired the 27-property portfolio totaling 1.2M SF of medical office and hospital buildings CHICAGO, April 19, 2022 /PRNewswire/ — JLL’s Healthcare Capital Markets group announced today that it has closed the $600 million sale of a 27-property, best-in-class, core-quality healthcare real estate […]