News Release: Cushman & Wakefield Completes Nearly $14M Sale of Chicago MOB
For Immediate Release Multi-tenant Property on Former Ravenswood Hospital Campus is Anchored by Advocate Health Care and Anixter Center CHICAGO, April 13, 2020 – Cushman & Wakefield’s Healthcare Capital Markets team has represented owner 1945 W. Wilson LLC in the $13,850,000 sale of a multi-tenant, 68,070-square-foot six-story medical office building at 1945 W. Wilson Ave. […]
News Release: La Porte Hospital Announces New Office Building Added to New Hospital Project
La Porte Hospital has finalized plans to break ground on a Medical Office Building to be constructed adjacent to the new hospital being built on State Street in Downtown La Porte. The approximately 55,000 square feet, four-story building will be constructed on State Street adjacent to the new hospital. It is expected to be completed […]
News Release: Newmark Knight Frank Orchestrates $3.5 Million Sale of 111 Plain Street in Providence, RI
LEGACY REAL ESTATE VENTURES SELLS ON-CAMPUS MEDICAL OFFICE BUILDING TO EASTIE REALTY, LLC Boston, MA (04/09/2020) 8:30 AM Newmark Knight Frank (NKF) announces the successful completion of the $3.5 million sale of 111 Plain Street in Providence, Rhode Island on behalf of Legacy Real Estate Ventures to Eastie Realty, LLC. Associates Joseph Alvarado, George Demoulas and Casey Valente of […]
News Release: MedProperties and Cypress West acquire Las Vegas healthcare facility in their 8th joint venture
FOR IMMEDIATE RELEASE MacFarlane Medical Center is 94 percent leased by a strong, diverse tenant mix; is located adjacent to the 147-bed Dignity – San Martin Hospital campus; and offers significant upside LAS VEGAS and DALLAS, April 8, 2020 – MedProperties Realty Advisors LLC has teamed up for the eighth time in a joint venture […]
Feature Story: HREI survey shows COVID-19 is taking a toll on the sector
Activity has slowed, but some developments, investments and leases are still moving forward By John B. Mugford Even the “recession-resistant” healthcare real estate (HRE) space is feeling the negative impact of the COVID-19 pandemic. An exclusive new Healthcare Real Estate Insights™ survey released April 8 indicates that although about one-third of HRE deals and developments […]
News Release: MedCore Partners Breaks Ground on New Multi-Tenant, On-Campus Medical Office Building in Cedar Park, TX
NEWS PROVIDED BY MedCore Partners Apr 08, 2020, 10:03 ET DALLAS, April 8, 2020 /PRNewswire/ — MedCore Partners, a national healthcare real estate development and brokerage firm headquartered in Dallas, TX, just announced the groundbreaking of its latest development, “Hill Country Medical Plaza.” Located at the entrance of Cedar Park Regional Medical Center at Medical Parkway and C-bar Ranch […]
Feature Story: Third-party developers had a big year in 2019
VA facility-focused U.S. Federal Properties tops Revista’s annual survey By John B. Mugford Who was the big winner in this year’s Revista Outpatient Real Estate Development Report? One might say that it was the third-party outpatient facility development sector itself. Third-party development volumes not only increased significantly from a year earlier. Third-party healthcare real estate […]
News Release: Montecito Closes on Two Outpatient Facilities in NW Arkansas
Montecito Medical Continues to Actively Acquire Medical Office Assets, Helping Providers Redeploy Capital amid Covid-19 Pandemic Company Closes on Two Outpatient Facilities in NW Arkansas FOR IMMEDIATE RELEASE April 8th, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two outpatient facilities […]
News Release: Atkins Companies Sells 38,500-Square-Foot Medical Office Building in West Orange, N.J. to Private Buyer
For Immediate Release West Orange, N.J. (April 6, 2020) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces the sale of Atkins Medical Plaza, a 38,500-square-foot medical office building located at 1500 Pleasant Valley Way in West Orange, N.J. The private buyer was represented by Marcus & Millichap Vice […]
News Release: Easterly Government Properties Acquires 79,212 Sf Department Of Veterans Affairs Outpatient Facility In Mobile, Al Washington, D.C.
WASHINGTON, D.C. – April 6, 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 79,212-square foot Department of Veterans Affairs (“VA”) Outpatient Clinic in […]
News Release: Diversified Healthcare Trust Completes the Sale of Four Assets for a Combined Sales Price of Approximately $56 Million
Sales Include Three Communities from the Senior Housing Operating Portfolio and One Medical Office Building April 02, 2020 04:30 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq:DHC) has completed the previously announced sale of four assets for a combined sales price of approximately $56 million. These sales include: A portfolio of three senior living […]
News Release: Flagship Healthcare Properties Expands REIT Portfolio with Charlotte Acquisition
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm acquires surgery center CHARLOTTE, N.C. (April 2, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, expands its Charlotte, North Carolina portfolio with the acquisition of Charlotte Surgery Center – Museum Campus. The 19,767-square-foot ambulatory surgery center (ASC) is located at 2825 Randolph Road, less […]
Industry Pulse: “How is COVID-19 affecting your business?”
Please take HREI’s quick, easy, one question survey: “How is COVID-19 affecting your business?” Healthcare Real Estate Insights would like to know how the COVID-19 crisis and all its associated repercussions are affecting your business. Please take our easy, quick, anonymous survey below. You will be able to see the exclusive results so far when […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Apr 01, 2020, 18:06 ET TOLEDO, Ohio, April 1, 2020 /PRNewswire/ — (NYSE: WELL) Welltower® Inc. today issued the following statement regarding the ongoing COVID-19 pandemic: “During these extraordinary times, we remain inspired by the resolve and fortitude of all individuals who are on the front lines in combating the impact of the COVID-19 […]
News Release: Announcement – $5,900,000 Medical Office Sale in Canton, GA. – Fairfield Advisors
Fairfield Advisors announces sale of AHI Medical Office Building in Canton, GA. – $5,900,000 Transaction – ( Denver, CO and Atlanta, GA.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Medical Office Building located at 100 Liberty Blvd in Canton, GA., a suburb of Atlanta. The […]