News Release: Vitalis advises on Sale of $38M 100,000 SF South Florida Medical Office Portfolio
FOR IMMEDIATE RELEASE Both assets were sold off-market, located at 10151 Enterprise Center Blvd, Boynton Beach, FL and 7593 W Boynton Beach Blvd, Boynton Beach. Boynton Beach, FL (December 21, 2021) Elliot LaBreche and Abigail Kind of Vitalis arranged the sale of a ~100,000-square-foot medical office portfolio in Boynton Beach, FL. ShareMD’s George Scopetta and […]
News Release: Chicago-based Walz Capital Acquires Hospital Adjacent, 12,196 Square Foot Medical Office Building
CHICAGO, IL; JACKSON, TN (MEMPHIS) (December 20, 2021) – Chicago-based Walz Capital announced today their acquisition of the Eye Clinic, P.C., a 12,196 square foot net leased property located in Jackson, TN. The building is strategically located next to the 642 bed Jackson Madison Hospital and Eye Clinic, P.C. and has been an active ophthalmology […]
News Release: Booming life sciences demand supports $246M construction loan for Somerville project
JLL Capital Markets led financing efforts for 808 Windsor, a 353,000-square-foot lab development located in the Boynton Yards neighborhood of Somerville BOSTON, Dec. 22, 2021 – JLL Capital Markets announced today that it has arranged $246 million in construction financing for 808 Windsor, a to-be-built, state-of-the-art life sciences development totaling 353,000 square feet in Somerville, […]
News Release: JLL facilitates sale of medical office near Salt Lake City
The build-to-suit property is fully leased to Granger Medical Clinic SALT LAKE CITY – December 21, 2021 – JLL Capital Markets announced today that it has facilitated the sale of and arranged acquisition financing for Granger Medical Clinic, a newly constructed, 94,834-square-foot, Class A medical office building in West Valley City, Utah. JLL marketed the […]
News Release: Flagship Healthcare Trust acquires a medical office in Rocky Mount, NC
English Road Medical Center is home to the premier Rocky Mount Family Medical Center CHARLOTTE, N.C. (December 21, 2021) — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has acquired English Road Medical Center (ERMC) in Rocky Mount, North Carolina, a Class A and 96% leased medical office building (MOB). The […]
Feature Story: Headwinds aside, the economy and HRE sector look strong
John Chang, MMI’s director of research, shares his forecast for 2022 and beyond By John B. Mugford SCOTTSDALE, Ariz. – For a number of years now, executives with leading firms in the healthcare real estate (HRE) sector have tried in vain to predict whether the historically low interest rates of recent years will be on the […]
News Release: ShareMD tops 1.1 million square feet healthcare facilities with latest three purchases
FOR IMMEDIATE RELEASE Alpharetta, GA December 20, 2021– ShareMD, a healthcare real estate and physician practice solution company with corporate office in Alpharetta, Georgia, has closed escrow on three healthcare facilities including two multi-tenant medical office buildings in Boynton Beach, Florida totaling approximately 100,000 sq.ft, and an approximately 35,000 sf multi-tenant medical office building in […]
News Release: KKR Adds Healthcare Real Estate Assets to KREST Portfolio
Completes Purchase of Montecito’s Southern Core Medical Office Portfolio KKR Adds Healthcare Real Estate Assets to KREST Portfolio Completes Purchase of Montecito’s Southern Core Medical Office Portfolio NEW YORK – December 20, 2021 – KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (“KREST”) has acquired a portfolio of […]
News Release: Medcore Partners Announces the sale of Texas Health Professional Building II in Fort Worth, Texas
NEWS PROVIDED BY MedCore Partners Dec 20, 2021, 11:49 ET Texas Health Professional Building IIFORT WORTH, Texas, Dec. 20, 2021 /PRNewswire/ — MedCore Partners announced today that it has successfully brokered the sale of Texas Health Professional Building II to an institutional buyer for an undisclosed purchase price. This state-of-the art, two-story office building, constructed in 2019, consists of […]
News Release: Montecito Completes Medical Office Portfolio Acquisition in Dallas/Fort Worth Area
FOR IMMEDIATE RELEASE December 16, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a seven-building medical office portfolio in the Dallas-Fort Worth Metroplex. The properties, whose medical tenants range from gastroenterology practices to ambulatory surgery centers, collectively have approximately 115,000 square feet […]
News Release: Physicians Realty Trust Announces Closing of the Landmark Portfolio Acquisition with a Total Investment of $750 Million
14 Medical Office Facilities Acquired in 11 Metro Markets, Totaling over 1,400,000 Rentable Square Feet December 20, 2021 05:37 PM Eastern Standard Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, announced today that it closed the previously announced pending purchase […]
News Release: UC San Diego Breaks Ground on Revitalization of Hillcrest Campus
Project includes a 250,000-square-foot outpatient pavilion, adding more health care services to the region and addressing growing demand for specialized diagnostic, treatment and surgical services 17-Dec-2021 4:45 PM EST, by University of California San Diego Health Contact Patient Services A celebratory groundbreaking event today marks the beginning of a comprehensive revitalization project of UC San […]
News Release: Recent Sale | Fort Sutter Medical Complex
Recent Sale Colliers | Sacramento | December 16, 2021 Colliers’ Swettenham Ortiz Healthcare Team Arranges Sale of On-Campus, Medical Office Project in Sacramento, California Colliers is pleased to announce the closing of two institutional quality medical office buildings totaling nearly 130,000 square feet in Sacramento, CA. The Swettenham Ortiz Healthcare Team represented the Seller of […]
News Release: Life sciences demand propels another Durham, NC, property sale and financing
JLL Capital Markets led sales and financing efforts for the 5-building Research Commons, which attracted significant investor interest from domestic and foreign investors Raleigh, Dec. 16, 2021 – JLL Capital Markets announced today that it has closed the $138 million sale and arranged $127.55 million in financing for Research Commons, a five-property office portfolio totaling […]
News Release: Remedy Medical Properties’ The Steadman Clinic Named a Winner in the 2021 HREI Insights Awards
FOR IMMEDIATE RELEASE HREI magazine’s national, annual awards program honored the Chicago-based firm’s 62,768-square-foot orthopedic care clinic and ambulatory surgery center in Basalt, Colo. CHICAGO and BASALT, Colo., Dec. 16, 2021 – Chicago-based Remedy Medical Properties has won the 2021 HREI Insights Award for the Best New Medical Office Building of 50,000 to 99,999 square feet. The […]