News Release: Carter Validus Mission Critical REIT II, Inc. Completes a Tampa, FL, Healthcare Acquisition
September 14, 2020 09:53 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc., or the Company, a public, non-traded real estate investment trust focused on assembling a diversified portfolio of net-leased data center and healthcare properties, today announced the acquisition of Tampa Healthcare Facility. Tampa Healthcare Facility is a 33,822 rentable […]
News Release: Heritage Partners Sells Children’s National Prince George’s County (Md.) at Woodmore Towne Center to Municipal Acquisitions
Children’s National Now Owner of 60,000-Square-Foot Medical Facility and Underlying Real Estate in Glenarden WASHINGTON, DC. (Sept. 11, 2020) – Heritage Partners, a national full-service real estate development firm with a strong focus in the Mid-Atlantic markets, announced today the sale of Children’s National Prince George’s County at Woodmore Towne Centre in Glenarden, Maryland to Municipal […]
News Release: Avison Young brokers sale of Children’s National Prince George’s County (Md.) at Woodmore Town Center
For Immediate Release Friday, September 11, 2020 Jonathan Hipp, Principal, represented the seller, Heritage Partners Washington, D.C. – Jonathan Hipp, Avison Young Principal and Head of the U.S. Net Lease Group, today announced the sale of Children’s National Prince George’s County at Woodmore Towne Center in Glenarden, Maryland to Municipal Acquisitions. On behalf of […]
News Release: Stockdale Capital Partners Leases 9,727 S.F. at Ilume Innovation Center (Scottsdale, Ariz.) to CommonSpirit Health’s Reference Lab
LOS ANGELES – September 11, 2020 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, leased nearly 10,000 square feet of wet lab and research and development space at its Ilume Innovation Center in Scottsdale, Arizona to CommonSpirit Health, a national health system serving communities in 21 states. CommonSpirit Health’s Reference […]
News Release: Ilume Innovation Center Partners with Commonspirit Health in North Scottsdale
Transwestern Secures Lease in Record Time to Perform SARS-COV-2 Testing (Sept. 10, 2020 – PHOENIX) – Transwestern Real Estate Services (TRS) announces CommonSpirit Health has signed a lease for 9,727 square feet on the ground floor of Ilume Innovation Center at 19001 N. Scottsdale Road in Scottsdale, Arizona. Ilume Innovation Center is a 371,937-square-foot property […]
News Release: Ensemble Real Estate Investments acquires three building Wuxi Advanced Therapies Portfolio in Philadelphia’s Navy Yard
Ensemble signals commitment to the Navy Yard’s world-class Life Sciences hub 09.10.2020 PHILADELPHIA, PA – Today Ensemble Real Estate Investments announced that it closed on the purchase of three large Life Sciences facilities occupied by WuXi Advanced Therapies, Inc. (“WuXi”), in Philadelphia’s Navy Yard. The properties, located at 4701 and 4751 League Island Boulevard and 400 […]
News Release: Generation Park Expands Offerings with New Medical Offices at Redemption Square (Houston)
September 10, 2020 Medical Offices to Offer an Emphasis on Patient and Provider Wellness HOUSTON, September 10, 2020 – Generation Park revealed plans today for the construction of a 101,000 square-foot, Class-A medical office space within its mixed-use lifestyle district Redemption Square. The medical offices join a growing number of curated restaurants, hotels, boutiques, and luxury […]
News Release: CBRE completes Wellstar deal
FOR IMMEDIATE RELEASE Wellstar Health System Lease Brings 400 Tower Road to 100% Occupancy Just Before Building Sale Atlanta – September 10, 2020 – CBRE is pleased to announce that Wellstar Health System has leased 26,018 square feet of medical office space at 400 Tower Road in Marietta, Georgia. This lease brought the building to […]
News Release (UPDATED): HREI opens nominations for HREI Insights Awards as scheduled, despite COVID
(This news releases has been updated to reflect more recent information.) Healthcare Real Estate Insights™ magazine announces the eighth annual awards program recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 28, 2020. MINNETONKA, Minn., Aug. 27, 2020 – Minnetonka-based Healthcare Real Estate Insights™ is proceeding with the 2020 HREI Insights Awards™ despite the COVID-19 […]
News Release: MedProperties gets approval to build MOB within Hines’ 1.2 Million SF development near Chicago
NEWS RELEASE The 78,000 square foot medical office building will be located within Oak Brook Commons, the 17.5-acre master-planned redevelopment of the former McDonald’s Headquarters OAK BROOK, Ill., and CHICAGO, Sept. 9, 2020 – The Oak Brook Village Board of Trustees voted last night to approve a Planned Development Amendment application, clearing the way […]
Transactions: Salt Creek campus in Chicago suburb sold for $50.9 million
MBRE/Kayne Anderson land the four-MOB complex; CBRE says demand was ‘strong’ By John B. Mugford As a number of other real estate sectors continue to feel the sting of the COVID-19 pandemic, an even more-intense spotlight is now shining on MOBs, especially those with strong tenants, as an investment vehicle. This is why investor demand was […]
Outpatient Projects: Patience pays off for Minneapolis-based Davis
Xchange Medical in St. Louis Park, Minn., will occupy a site assembled in 2015 By John B. Mugford In the highly competitive world of medical office building (MOB) development, it can, in some instances, pay off for a developer to assemble, control and then perhaps hold on to a parcel of land it is confident […]
News Release: Davis to develop 78,000-square-foot Xchange Medical building in St. Louis Park, Minn.
News Release The firm assembled four parcels in a prime location to create a 4.58-acre site for a facility that will house ENT Specialty Care, Surgical Care Affiliates and other leading providers MINNEAPOLIS, Sept. 2, 2020 – Seeking a more centralized location to better serve patients throughout the metro area, two of the Twin Cities […]
News Release: Atkins Companies Welcomes Atlantic Health System to 95,000-Square-Foot Bridgewater, N.J. Class-A Medical Office Building
For Immediate Release Bridgewater, N.J. (September 8, 2020) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces it has signed a lease with Atlantic Health System. The New Jersey healthcare provider will lease 37,030 square feet of space at Atkins’ Bridgewater Medical Building located at 1125 Route 22 […]
News Release: Penn State Health makes progress on two Lancaster County projects
New outpatient site, ongoing acute care hospital construction solidify Penn State Health’s commitment to Lancaster County September 08, 2020 Penn State Health’s plans for significant expansion to support Lancaster County and the surrounding region are moving ahead with the development of a new outpatient site and the continued construction of Penn State Health Lancaster Medical Center. […]