News Release: Suffolk Hires Mark Fulco as VP of Business Development, Northeast Healthcare
Innovative real estate enterprise and builder hires seasoned healthcare industry executive to drive growth in the Northeast healthcare sector BOSTON, MA – Suffolk, one of the most innovative and successful builders and real estate enterprises in the country, announced it hired Mark Fulco as Vice President of Business Development, Northeast Healthcare where he will be […]
News Release: Easterly Government Properties acquires 27,569 sf Health Resources And Services Administration facility in Baton Rouge, Louisiana
WASHINGTON, D.C. – December 3, 2020 – Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 27,569-square foot Health Resources & Services Administration (HRSA) Clinical Center […]
News Release: Peak ENT to Join New Saint Joseph Medical Office Pavilion in Denver in Lease Arranged by CBRE
FOR IMMEDIATE RELEASE CBRE secures second lease at newly delivered building on Saint Joseph Hospital campus DENVER – Dec. 2, 2020 – CBRE announced that Peak ENT has leased 4,738 square feet at Saint Joseph Medical Office Pavilion, a new 99,000-square-foot medical facility just completed by Fidelis Healthcare Partners at 1818 Ogden Street in Denver, […]
News Release: Suburban office/life sciences assets get boost from Middle Eastern investments
Trend demonstrated in the recent $225M JLL-brokered recapitalization of Arborcrest Corporate Campus near Philadelphia to Saudi Arabia-based Sidra Capital PHILADELPHIA, December 2, 2020 – JLL Capital Markets announced today that it has closed the $225 million recapitalization of Arborcrest Corporate Campus to Saudi Arabia-based Sidra Capital (Sidra). The sale of the five-building, 855,600-square-foot suburban office […]
News Release: Anchor Health Properties Commences Development on Behavioral Health Inpatient Hospital in Cleveland area
FOR IMMEDIATE RELEASE December 1, 2020 (Media, PA) As the need for behavioral health programs increases throughout the United States, Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and The MetroHealth System (MetroHealth), a nationally ranked non-profit, public health care system located […]
Feature Story: Developers are seeing opportunities
HREI editorial board members say they expect growth in new projects in 2021 By John B. Mugford Although medical office buildings (MOBs) are once again showing their strength as an investment and ownership product during the COVID-19 pandemic, some professionals involved in the sector have expressed concern that there could be a slowdown in the […]
Feature Story: Pandemic prompts providers to re-examine real estate
The pandemic has shown hospitals and health systems they can get by with a lot less administrative space, a group of BOMA panelists agreed. So now what? By John B. Mugford It has always been a complex and complicated task for any health system, be it large or small, to figure out the best, most-efficient […]
News Release: Three Class A Office Buildings Hit the Market in Southwest Florida
FOR IMMEDIATE RELEASE MIAMI, Nov. 30, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing for sale of the Renaissance Center and the Bonita Bay Executive Center, two Class A office properties with a total of […]
News Release: MedSquare Health signs 21,500 sq.ft. in new leases
First Off-Campus Class “A” Medical Office Building Near Baptist Hospital Signed New Leases with Dental Care Alliance, LifeStance Health, and DermCare Management MIAMI (November 30, 2020) — MedSquare Health, the first off-campus Class “A” Medical Office Building by owners/developers AJP Ventures and Mas Group (MAS*AJP) located next to Baptist Hospital of Miami, is proud to announce […]
News Release: Southeast MOB portfolio sale
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Fresenius Medical Care Portfolio in Alabama and Mississippi Six-clinic Portfolio Draws $15.8 million Investment from Buyer American Finance Trust, Inc. CHICAGO, November 30, 2020 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $15.8 million sale […]
Cover Story: Remedy: New name, same aim
The firm has rebranded, but the former MBRE Healthcare team is sticking to the successful formula that has made it the nation’s largest private owner of MOBs By John B. Mugford The year was 2009, amid the throes of the Great Recession. Peter Westmeyer had joined MB Real Estate in Chicago a couple of years […]
News Release: WB Development Partners and New Era Companies Break Ground on a New Inpatient Rehabilitation Hospital in Greenfield, WI
Nobis Rehabilitation Partners Will Manage the Operations of the Inpatient Rehab Hospital MILWAUKEE (PRWEB) NOVEMBER 24, 2020 WB Development Partners and New Era Companies, two innovative companies partnering together in the healthcare development sector, recently purchased land at 3200 S. 103rd St., Greenfield, Wisconsin. The Milwaukee Rehabilitation Hospital at Greenfield’s design is a three-story model […]
Transactions: Community Healthcare Trust lands a 9-MOB portfolio
While the REIT typically invests less than $10M per deal, the portfolio cost $38.2 By John B. Mugford At a time when a majority of medical office building (MOB) transactions throughout the country are taking place as single-asset deals, an investor that typically acquires one building at a time for less than $10 million has […]
Feature Story: It’s boom time for life science real estate
Panelists discuss the sector’s remarkable growth during recent BOMA MOB conference By John B. Mugford Think the medical office building (MOB) sector is holding up well during the COVID-19 pandemic? (As most professionals involved in the sector are aware, it most certainly is.) But one somewhat related real estate sector, that involving life science facilities, […]
News Release: Transwestern tapped to lease and manage 351,030 sf office in Houston’s Bellaire Submarket
Corporate and Healthcare Users to Benefit from Proximity to Texas Medical Center (Nov. 23, 2020 – Houston) – Transwestern Real Estate Services (TRS) announces it has been engaged by Capital Commercial Investments Inc. to provide leasing and management services for a five-story, 351,030-square-foot building at 6500 W. Loop S. in Houston. Located only 4 miles […]