Outpatient Projects: Unique partnership to open D.C.-area MOB
Adventist, Seavest and Trammell Crows are owners of 169,000 s.f. facility By John B. Mugford Within a few months after the opening of the new 180-bed White Oak Medical Center in Silver Spring, Md., in late August, a seven-story, 169,000 square foot medical office building (MOB) on the campus will begin seeing its first patients […]
News Release: Trammell Crow Company and Seavest adding major medical pavilion to new Adventist HealthCare hospital campus
FOR IMMEDIATE RELEASE The two firms and Adventist will own the 169,000 square foot Medical Pavilion at White Oak in the emerging health and life sciences hub of Silver Spring, Md. SILVER SPRING, Md., and WHITE PLAINS, N.Y., July 16, 2019 – A unique partnership of Seavest Healthcare Properties LLC, Trammell Crow Company and Adventist […]
News Release: Rare, Class A Medical Condo Sells for $11.85M – Leased to cCARE
For Immediate Release Cushman & Wakefield Private Capital and Healthcare Teams Collaborate in Sale of Class A Medical Condo for $11.85 Million Rare San Diego North County Asset Located in Desirable Project and Submarket SAN DIEGO, Calif., July 15, 2019 – Cushman & Wakefield announced today they’ve advised on the sale of a 20,230 square foot, […]
News Release: Medical Properties Trust Announces $1.75 Billion Investment in 24 Hospital Facilities
Investor Relations Press Release Medical Properties Trust Announces $1.75 Billion Investment in 24 Hospital Facilities Year-to-Date Acquisitions of $3.0 Billion Surpasses 2019 Full Year Acquisition Goal and Establishes Record Acquisitions Year Weighted Average GAAP Rate of 8.2% for 2019 YTD Acquisitions Transactions Immediately Accretive; Increases Run Rate Guidance for Net Income to $1.08 to $1.12 and NFFO to $1.54 to […]
News Release: Just Closed – On Campus MOB
CLOSED Cadence Capital Partners Healthcare Real Estate Group Secures Buyer for On-Campus Medical Office Building Cadence Capital Partners is pleased to announce the sale of Willow Grove Medical Plaza, a 42,000 SF on-campus medical office building located two hours west of New York City in Hackettstown, New Jersey. Michael Bennett Managing Principal 312.882.2200 mbennett@cadencerec.com Mike Janus Senior […]
News Release: Alex. Brown Realty and Heritage Properties Acquire Medical Office Park in Cary, NC
July 11, 2019 04:09 PM Eastern Daylight Time BALTIMORE–(BUSINESS WIRE)–Alex. Brown Realty (ABR) and their joint venture partner, Heritage Properties, are pleased to announce the acquisition of a two-building medical office park located at 101 & 105 SW Cary Parkway in Cary, North Carolina. ABR Chesapeake Fund V, a value-add real estate fund sponsored by […]
News Release: Anchor Health Properties Relocates Mid-Atlantic Office to Media, Pennsylvania
July 11, 2019 We are pleased to announce that our Wilmington, Delaware office has moved to a new location into the heart of downtown Media, Pennsylvania. Our new address is: 216 South Orange Street, Media, PA 19063 Our old office served the Anchor platform well for many years, functioning as the company headquarters prior to our […]
News Release: John Poulos to Lead CBRE National Healthcare
PRESS RELEASE John Poulos to Lead CBRE National Healthcare Los Angeles – July 11, 2019—CBRE Group, Inc. has appointed John Poulos to lead its Healthcare practice, delivering client solutions in the areas of compliance, facilities management, project management, advisory and transaction, and consulting services to healthcare systems throughout the country. In Mr. Poulos’s new role […]
News Release: Deal Announcement (CRE) | BMO acts as Sole Lender of $7.3 Million Facility
BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $7.3 Million Facility BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed a $7.3MM senior secured term loan for the acquisition of a 41,205 SF single tenant medical office building and ambulatory surgery center in Indianapolis, IN. The owners will be […]
News Release: MedProperties Realty Advisors acquires MOB portfolio in West Virginia
The medical office buildings in Vienna, W.Va., and nearby Belpre, Ohio, are subject to long-term leases with West Virginia University Health System VIENNA, W.Va.; BELPRE, Ohio; and DALLAS, July 10, 2019 – MedProperties Realty Advisors LLC announced that it has acquired a 92,212 square foot medical office building (MOB) in Vienna, W.Va., and a two-building […]
News Release: NexCore Group celebrates CHI St. Vincent Arkansas Neuroscience Institute grand opening
FOR IMMEDIATE RELEASE The 42,133 square foot medical office building (MOB) will be a center of excellence for neurology, offering advanced surgical, treatment, lab, research and education and physician practice space Top: CHI St. Vincent Arkansas Neurological Institute (ANI) at 6020 Warden Road in Sherwood, Ark., opened its doors to patients June 14. Bottom: The […]
News Release: Healthcare real estate firm Davis promotes three property management staff members
Margaret (Peggy) Schatz, Linda Tierney and Jerry Anderson of Davis’ Minneapolis, Phoenix and Bismarck offices have assumed new leadership positions and duties MINNEAPOLIS, PHOENIX and BISMARCK, July 10, 2019 – Davis announced that it has promoted three property management employees in its Minneapolis, Phoenix and Bismarck offices.The national healthcare real estate company, which is headquartered in […]
News Release: New Medical Center Coming to Plymouth Township (Mich.)
July 09, 2019 DETROIT – To meet its growing patient base in western Wayne County, Henry Ford Health System announced plans today to revitalize the site of a former Kmart in Plymouth Township with a new modern outpatient medical center. The multi-story, 120,000-square-foot medical center, located on 40855 Ann Arbor Road at Haggerty, will provide […]
News Release: Walgreens seeks to optimize its real estate
National pharmacy/retailer has big plans for delivering healthcare services By John B. Mugford After all, the company, operates a network of 9,653 stores in all 50 states and Washington, D.C., that are primarily focused on its pharmacy business as well as selling healthcare and beauty products. Astonishingly, its network of stores […]
News Release: Just Closed – Duke Health Center South Durham
JLL Healthcare Capital Markets Just closed: Duke Health Center South Durham | Durham, North Carolina The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 125,942-square-foot Duke Health Center South Durham in Durham, North Carolina. The property is the largest off-campus outpatient facility of the Duke Health enterprise. Duke Health Center South Durham […]