News Release: Franklin Street Brokered Financing of Physicians Medical Center in Baton Rouge, La.
PUBLISHED: JUN 24, 2020 Medical Office and Hospital Financing for $12.4MM Tampa, FL (June 16, 2020) – Franklin Street has brokered the acquisition and renovation financing of Physicians Medical Center, a hospital and medical office building located in Baton Rouge, LA. Franklin Street’s Capital Advisory team Ben Miller and Casey Siggins represented the buyer New Era Companies, in the $12.4MM […]
News Release: Just Closed – The Everett Clinic Founders Building
CBRE Capital Markets | Healthcare and Life Sciences Just Closed The Everett Clinic Founders Building Everett, WA Sale Date: 6/12/2020 Property Size: 69,169 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of The Everett Clinic Founders Building (the “Property”), located in Everett, Washington. Chris Bodnar, Lee Asher, Ryan Lindsley, […]
News Release: Johnson Healthcare Real Estate Begins 101,000-Square-Foot Medical Office Building in Austin, TX
FOR IMMEDIATE RELEASE June 23, 2020 Birmingham, Ala. — Johnson Healthcare Real Estate, a Birmingham, Alabama-based development, project management, and real estate services firm, recently broke ground on a new 101,000 medical office building in Austin, Texas. The building, along with a 290-space parking garage, will be located at Lamar Boulevard and 32nd Street on the […]
Feature Story: Encouraging signs for development
InterFace webinar panelists say they’re seeing opportunities pick up again By John B. Mugford Since the onset of the COVID-19 pandemic, most health systems have been forced to put most their efforts into surviving the crisis, leaving little time to think about growing their ambulatory networks and initiating new medical office building (MOB) development projects. […]
News Release: Just Closed – Hughston Clinic Orthopaedics & Surgery Center
CBRE Healthcare Capital Markets | Healthcare JUST CLOSED HUGHSTON CLINIC ORTHOPAEDICS & SURGERY CENTER Nashville, TN Sale Date: 6/15/20 Building Size: 23,606 SF Occupancy: 100% CBRE is pleased to announce the sale of Hughston Clinic Orthopaedics & Surgery Center (the “Property”). Morgan Hillenmeyer, Roscoe High, Douglass Johnson and Nicole Filkins partnered with Lee Asher, Chris Bodnar, Ryan Lindsley, Jordan Selbiger and Sabrina […]
News Release: Concord Hospital Memorial Medical Office Building West
Published on June 22, 2020 On June 29, Concord Hospital will be cutting the ceremonial ribbon to open a new wing to its Memorial Medical Office Building, offering an efficient layout to support team-based care, enhanced exam and procedure rooms, centralized registration on each floor and a new café. The state-of-the-art Memorial Medical Office Building West […]
News Release: CBRE Announces Sale of Medical Office in Orange County to Local Exchange Buyer for $8.4 Million
Orange County, CA | June 22, 2020 The deal generated multiple offers from local investors Newport Beach, Calif. – CBRE announced the sale of a 11,499 square-foot medical office in Tustin, Calif. for $8.4 million to an unidentified local 1031-exchange buyer. CBRE’s Ian Schroeder, Melissa Ley and Allison McDuffie represented the seller, CREST Properties LLC. The infill […]
News Release: New medical office project at the Woman’s Hospital of Texas breaks ground
116,500 SF Building will be First New Medical Office on Campus in 17 Years (June 22, 2020 – Houston) – Healthpeak Properties, Inc. announces the development of a new 116,500-square-foot medical office development at 7500 Fannin St. in Houston. The building is on the campus of The Woman’s Hospital of Texas, less than a mile […]
News Release: Gantry Secures $33.3 Million in Financing for Adjacent Buildings in the San Francisco East Bay
Bay Area Special Purpose Office & MOB assets receive $33.3 million in permanent financing. FOR IMMEDIATE RELEASE Transaction Details Loan Amount: $33,300,000 Loan Type: Fixed-Rate Financing Loan Term: 10-Year Term Loan Amortization: 30-Year Amortization Property Type: Special Purpose Office Building & Medical Office Building San Francisco, CA, June 22, 2020 – Gantry, Inc., the largest […]
News Release: Stevens Construction begins Executive Medical Center, General Contractor adds new surgical center to existing building
NAPLES, Fla. (June 18, 2020) – Stevens Construction has started construction of Executive Medical Center, a 27,773-square-foot three-story addition with ambulatory surgery center and MRI, announced Mark Stevens, president, Stevens Construction, Inc. Located at 4513 Executive Drive, the first floor of the addition will include medical offices, exam rooms and a new state-of-the-art MRI. The […]
News Release: Hammes Company Healthcare celebrates groundbreaking of Moffitt Cancer Center hospital expansion
Milwaukee, WI, June 18, 2020 – Hammes Company Healthcare, a leading provider of consulting and project delivery services to the healthcare industry, was honored to participate in the June 16th groundbreaking ceremony for the Moffitt Cancer Center hospital expansion in Tampa, Florida. Hammes is serving as program manager for the development of a new, 20-acre property […]
News Release: Intermountain Spanish Fork Hospital Opening Rescheduled to Spring 2021
Jun 18 Intermountain Healthcare’s Spanish Fork Hospital, which was originally slated to open in October 2020, is now scheduled to open in April 2021. Two main factors contributed to rescheduling the opening: The COVID-19 pandemic and related economic slow-down have had a significant impact on the healthcare industry. Patient volumes throughout the Intermountain system dipped […]
News Release: Stan Johnson Company Brokers Sale of Indiana Healthcare Facility for $2.7 Million
June 18, 2020 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a single-tenant, 10,000-square-foot healthcare facility leased to Advanced Medical Imaging. The property is located at 2008 West Boulevard Street in Kokomo, Indiana. Rachel Walz of Stan Johnson Company exclusively represented the buyer, a Chicago, Illinois-based individual […]
News Release: IRA Capital expands Southern California portfolio with life science campus purchase
June 9, 2020 — Southern California‐based private equity firm IRA Capital is pleased to announce the acquisition of a three‐building 160,000 square foot corporate campus in Aliso Viejo, CA (Orange County). The project sits on 12 acres and is 100% leased to Glaukos Corporation (NYSE: GKOS), which shall serve as the company’s new global headquarters. Glaukos focuses on […]
Thought Leaders: Seniors Housing sector is positioned for continued favorable performance in 2020
In a sector already poised for disruption, new innovations such as technology, infrastructure and design are vital to the well-being and safety of residents. The COVID-19 pandemic continues to impact the real estate industry in new ways. Owners and operators in the Seniors Housing sector are facing unprecedented challenges head-on, and have adjusted to apply […]