News Release: Avison Young negotiates sale of four-building Chicago/Milwaukee area MOB portfolio
99% leased portfolio anchored by Advocate Aurora Health April 27, 2020 — Chicago, IL – Avison Young announced today that it represented HSA Primecare in its sale of a 107,828-square-foot (sf), four-building medical office portfolio in the Chicago and Milwaukee markets. The Core Plus, hospital anchored portfolio is 99% leased, primarily to Advocate Aurora Health. The buildings are […]
News Release: SVN | Angelic closes on multi-state VA outpatient clinic property package
Boston, April 27, 2020 (GLOBE NEWSWIRE) — SVN | Angelic, one of the SVN® brand’s premier commercial real estate brokerage firms, has closed on a $175,000,000 multi-state property financing of five VA Outpatient Clinics totaling 303,334 SF within Texas, Florida, Michigan and Missouri. The financing funds all costs of construction and remains in place as […]
Cover Story: The invincible MOB
No investment is recession-proof – or pandemic-proof. But medical office buildings come pretty close. By John B. Mugford As the Great Recession of 2007-09 dragged on, the hot topic of discussion in healthcare real estate (HRE) circles was, “Are medical office buildings (MOBs) recession-proof?” Developers, investors, brokers, lenders and others speculated about whether the HRE […]
News Release: Montecito Acquires Fresenius Medical Office Property in Anchorage
FOR IMMEDIATE RELEASE April 24th, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has announced that it has acquired a prime medical office building and surgery center in Anchorage, AK. The property, which is 100-percent leased to affiliates of Fresenius Medical Care, encompasses nearly 18,000 square […]
News Release: Lillibridge taps Transwestern to lease Doctors Center I, II and III in Metro Atlanta
Renovated 370,000 SF Complex Part of Emory Saint Joseph’s Hospital Campus (April 22, 2020 – atlanta) – Transwestern Real Estate Services (TRE) announces its Atlanta Healthcare Advisory Services team has been selected to exclusively lease Doctors Center I, II and III, totaling 370,000 square feet. The three Class A medical office buildings are located on […]
Feature Story: A coronavirus conversation for the HRE space
InterFace webinar panelists discuss COVID-19’s impact on the industry By John B. Mugford “Necessity really is the mother of invention.” Lorie Damon, who leads Cushman & Wakefield’s Healthcare Practice Group, reiterated the well-known proverb while moderating a webinar on April 14 focused on how health systems and companies involved in healthcare real estate (HRE) are […]
Transactions: Sale near D.C. is a ‘great story’
A Virtus-led partnership acquired the outpatient campus for about $36 million By John B. Mugford The recent sale of the Colesville Medical Campus in suburban Washington, D.C., represents a “great story” in the medical office building (MOB) acquisitions sector, according to the broker who led a team representing the seller. The broker, Ben Appel, a […]
News Release: CMS Issues Guidance Allowing Independent FEDs to Provide Care to Medicare and Medicaid Beneficiaries during COVID-19 Emergency
CMS Issues Guidance Allowing Independent Freestanding Emergency Departments to Provide Care to Medicare and Medicaid Beneficiaries during the COVID-19 Public Health Emergency Apr 21, 2020 Today, the Centers for Medicare & Medicaid Services (CMS) issued critical guidance allowing licensed, independent freestanding emergency departments (IFEDs) in Colorado, Delaware, Rhode Island, and Texas to temporarily provide care […]
News Release: Colliers International announces the University of St. Thomas has leased 20,000 square feet at Vision Park Medical
APR 15, 2020 Medical Office Lease. Colliers International is pleased to announce the University of St. Thomas has leased 20,000 square feet at the Vision Park Medical office building located at 121 Vision Park Boulevard in Shanandoah, Texas. The owner, Everson Developments and VP2 Partners, was represented by Lisa Hughes and Pamela Sprouse of J. Beard […]
News Release: IRA Capital Acquires 22,000 SF Medical Office Building Leased To Cleveland Clinic
April 20, 2020: IRA Capital “IRA” is pleased to announce the acquisition of a medical office building in Dover, OH that is 100% leased to Cleveland Clinic Union Hospital. The 22,000 sq. ft. building was built for Union Hospital in 2016 as an off-campus urgent care facility located approximately 3 miles from Union Hospital. Union […]
News Release: Flagship Healthcare Properties Increases its Presence in Greater Richmond, Virginia Region with New Acquisition
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm acquires medical office building in Prince George, Virginia CHARLOTTE, N.C. (April 17, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, expands its Virginia footprint with the acquisition of a 15,457-square-foot, newly-constructed medical office building (MOB). The MOB is located at 1775 Lake […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Apr 17, 2020, 08:00 ET TOLEDO, Ohio, April 17, 2020 /PRNewswire/ — (NYSE: WELL) Welltower® Inc. today issued the following statement regarding the ongoing COVID-19 pandemic: “Welltower’s primary focus is on the ongoing support of our operating partners through these unprecedented times,” commented Thomas J. DeRosa, Chairman and CEO. “We have made progress on the […]
News Release: JLL completes sale, financing of Colesville Medical Campus
Located in a dense medical corridor in the Washington, D.C. metropolitan area WASHINGTON, D.C., DRAFT – JLL Capital Markets announced today that it has closed the sale and financing of Colesville Medical Campus, a three-building medical office campus totaling 212,153 square feet in Silver Spring, Maryland. JLL represented the seller, Beckham Gumbin Ventures, and procured […]
News Release: NexCore Led the Nation in 2019 Outpatient Medical Real Estate Projects Completed
FOR IMMEDIATE RELEASE National healthcare real estate (HRE) developer earned the top spot in the Revista Outpatient HRE Development Report “Projects Completed” category with seven projects totaling 403,652 square feet Some of NexCore’s largest completed developments of 2019 were four micro-hospital projects for Oklahoma City-based INTEGRIS Health and Emerus (top), and a three-building outpatient campus […]
Feature Story: Even some MOBs are feeling the pain
Yet the asset class could be the first to recover due to pent-up demand By John B. Mugford This time, things are different for medical office buildings (MOBs) — and yet, there is still a light at the end of the tunnel. During the Great Recession, MOBs gained their well-known reputation as being “recession-resistant,” in […]




