News Release: KBS Announces 30,079 SF Medical Office Leases in DC/Northern Virginia area
June 12, 2019 06:00 AM Eastern Daylight Time NEWPORT BEACH, Calif.–(BUSINESS WIRE)–KBS, one of the largest owners of commercial real estate, announced today that the following three businesses have signed 30,739 square feet in leases at Willow Oaks Corporate Center in Merrifield, Virginia: Fairfax Radiological Consultants, the largest private radiology practice in the Washington, D.C. […]
Feature Story: Micro-hospitals like high-visibility retail locations
Emerus exec’s motto is ‘See me a thousand times before you need me once’ By John B. Mugford Certainly, in this age of the “retailization” of healthcare delivery, finding convenient, highly visible locations in areas with “good demographics” is as important as ever for those planning new medical facilities. Even so, one professional who has […]
News Release: Strawberry Fields Sells The Glendale Medical Center for $6.1 Million
SOUTH BEND, Ind.— June 11, 2019—Strawberry Fields REIT, LLC (Strawberry Fields), an owner and lessor of nursing homes and long-term acute care hospital facilities in the Midwestern and Southern U.S., announced it has sold The Glendale Medical Center for $6.1 million. Located at 1101 Glendale Boulevard in Valparaiso, Indiana, The Glendale Medical Center is a […]
News Release: First new medical office bldg in 25 years on Providence Cedars-Sinai Tarzana Medical Center campus heads towards completion
FOR IMMEDIATE RELEASE Tarzana Medical Atrium Celebrates Topping-Off with Beam Signing Ceremony Final beam of the steel structure is in place as the project across from Providence Cedars-Sinai Tarzana Medical Center heads towards completion TARZANA, Calif. (June 4, 2019) – The new Tarzana Medical Atrium (TMA), on the campus of Providence Cedars-Sinai Tarzana Medical Center, […]
News Release: JLL grows Houston healthcare practice with new addition
National healthcare property management expert, Connie O’Murray, joins JLL’s Houston office as managing director HOUSTON, June 10, 2019 — JLL announced today that Connie O’Murray has joined the Houston office as Managing Director for the company’s property management group, overseeing operations in Houston and Louisiana. O’Murray, who has held leadership positions with JLL for more […]
News Release: Meridian Announces New Major Tenant at Cotton Medical Center in Pasadena, Calif.
FOR IMMEDIATE RELEASE: WelbeHealth to open in 14,200 SF at the 115,000 SF medical office complex adjacent to Huntington Memorial Hospital PASADENA, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot […]
News Release: Deal Announcement: CNL Healthcare Properties
KeyBanc Capital Markets CNL Healthcare Properties CNL Healthcare MOB Portfolio A Portfolio of 55 Medical Office Building Assets Owned By CNL Healthcare Properties has been acquired by Welltower. $1.25 Billion. Financial Advisor. A Portfolio of 4 Outpatient Rehab Facilities Owned By CNL Healthcare Properties has been acquired by Global Medical REIT. $94 million. Financial Advisor. About […]
News Release: Mohr Partners Hires Ann Coggeshall as Managing Partner to Lead the Denver Office
Mohr Partners, Inc. the world’s largest wholly-owned commercial real estate advisory firm exclusively focused on representing businesses, has recruited Ann Coggeshall as Managing Partner to lead its newly established Denver office. DENVER (PRWEB) JUNE 06, 2019 Mohr Partners, Inc. the world’s largest wholly-owned commercial real estate advisory firm exclusively focused on representing tenants, has recruited Ann […]
Thought Leaders: Just Released – Davis MOB Market Pulse – Spring 2019
JUST RELEASED Davis MOB Market Pulse Spring 2019 Market Overview Following a mild ending to 2018 for the Minneapolis/St. Paul healthcare real estate market, leasing activity via new construction has picked up considerably in 2019. Eight new medical office buildings (MOBs) and well over 200,000 square feet of space will be completed by the end of 2019. New off-campus build-to-suit […]
News Release: HFF closes $10.18M sale of medical office building in Davidson, North Carolina
CHARLOTTE, NC – June 5, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $10.18 million sale of the 35,157-square-foot Davidson Medical Office Building in the Charlotte-area community of Davidson, North Carolina. HFF marketed the property on behalf of the seller, Canvass Capital, a real estate private equity firm, and procured the […]
Industry Pulse: MOBs are going Godzilla. We’re talking big. Really big.
JLL, with data from Revista, says 44 future monster MOBs will top 150,000 square feet NATIONWIDE — The movie Godzilla: King of the Monsters opened May 31, with some film reviewers saying that the CG-generated “Beast from the East” seems to be getting bigger with every sequel. The same might be said of medical office buildings […]
News Release: Capital One Provides $42.5 Million Commitment to Finance San Francisco Life Science Campus
FOR IMMEDIATE RELEASE New York (June 4, 2019) – Capital One announced today that it participated in a $430 million syndicated loan to finance Phase 1 of the Gateway of Pacific campus in San Francisco for BioMed Realty, a Blackstone portfolio company. The financing was provided by a syndicate of banks led by JPMorgan Chase Bank. […]
News Release: MLL Capital Acquires Medical Office Property in Woburn, Massachusetts
FOR IMMEDIATE RELEASE Plans to transform 112,000 square foot, two-building campus into world-class clinical healthcare property BOSTON (June 4, 2019) – MLL Capital, a Boston-based commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, announced today the acquisition of two medical office buildings, totaling 112,228 square feet, in Woburn, […]
Feature Story: How to land business with health systems
Health system execs talk about what they expect from third-party firms By John B. Mugford MINNEAPOLIS – It is likely that any professional or company involved in healthcare real estate (HRE) has a goal of providing services or capital for, or establishing a client relationship with, strong healthcare systems and providers. One very well-attended panel […]
News Release: CVS Health Outlines Strategy to Accelerate Growth
Tuesday, June 4, 2019 Help Drive Differentiated, Consumer-Centric Health Experience; 1,500 Expected to Open by End of 2021 Strong Execution on Aetna Integration Projected to Drive Approximately $300 – $350 Million of Synergies in 2019; Synergies of Approximately $800 Million Projected in 2020 Reaffirming 2019 Full Year Guidance; Consolidated Revenues $251.2 to $254.4 Billion, GAAP […]