News Release: SF-based Curology Continues Growth in San Diego with 54,200 SF Lease in Sorrento Mesa
Curology Continues Local Growth with 54,200 SF Lease at Montana Avenue Capital Building in Sorrento Mesa San Diego, Calif., November 6, 2018 – Curology, a San Francisco-based custom skin care company, is expanding its presence in San Diego to 54,232 square feet at a newly renovated office building at 5717 Pacific Center in Sorrento Mesa, which […]
News Release: Just closed: Trilogy Medical Office Building, Mars, PA
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 30,076 square foot Trilogy Medical Office Building located in Mars, Pennsylvania, a suburb of Pittsburgh. Completed in 2006, the property is 93 percent occupied by Pittsburgh’s largest healthcare providers including the University of Pittsburgh Medical Center, Allegheny Health Network, Butler Health System […]
News Release: Orthopedic Clinic to Anchor New Woodbury Development
FOR IMMEDIATE RELEASE Orthopedic Clinic to Anchor Development at Tamarack and I-494 SAINT PAUL (November 5th, 2018) – Construction is currently underway on a 41,000 medical office building, just off Interstate 494 in Woodbury at the intersection of Tamarack Road and Weir Drive. The south-facing building will be constructed as Phase II on the remaining […]
News Release: Montecito Medical Acquires Medical Office Building and Surgery Center in Cleveland Market
November 5, 2018 Nashville, TN — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Chardon Surgery Center, a Class-A medical office and surgery center in the Cleveland metropolitan area. The nearly 24,000-square-foot facility is located in Chardon, a community approximately 30 miles northeast of downtown Cleveland. The […]
News Release: Beaumont Health, Universal Health Services partner on significant, comprehensive new project to enhance mental health services in Michigan
Monday, November 05, 2018 Specialty hospital, psychiatric clinical training and expanded outpatient programs to create environment for full continuum of mental health care Beaumont Health and Universal Health Services (NYSE: UHS) have formed a joint venture to address the growing, unmet need for accessible, high-quality and advanced mental health services in Southeast Michigan and across the state. Beaumont […]
News Release: Jacobson Properties and Crisafulli Associates sell Albany Med at Niskayuna in New York State’s Capital Region
Jacobson Properties And Crisafulli Associates Announce The Sale Of Albany Med At Niskayuna Medical Office Building In Niskayuna, (Capital Region), New York Niskayuna, New York (October 17, 2018) – Lisa Menin of Jacobson Properties, New York, New York and Michael Crisafulli of Crisafulli Associates, Loudonville, New York are pleased to announce the sale of Albany […]
News Release: The MMRE Portfolio
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of The MMRE Portfolio. Sale Date October 12, 2018 Property Size 837,603 SF Occupancy 97% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of The MMRE Portfolio (the “Portfolio”). Lee Asher and Chris Bodnar of the U.S. Healthcare Capital […]
News Release: Capital Square 1031 Completes Diversified DST Offering of Nine Medical Office Buildings in Five States
Richmond, Va. (Nov. 1, 2018) – Capital Square 1031, a leading sponsor of Delaware statutory trust investments, announced today that CS1031 Diversified Dialysis Portfolio, DST, comprised of nine medical office buildings in five states, has been fully subscribed by a total of 45 investors. Each property in the portfolio is 100 percent leased to Fresenius […]
News Release: Crown Tenant Advisors Extends Market Reach Into The Carolinas
Michael Slattery leads healthcare real estate firm expansion Atlanta, GA, November 1, 2018 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today the appointment of new Managing Director, Michael Slattery. Slattery is a licensed commercial real estate broker and will be responsible for dental, medical, and veterinary tenant and buyer representation in […]
News Release: Caddis breaks ground for new Class A multi-tenant medical clinic near Dallas
The Frisco Medical Pavilion is being developed in Frisco, one of the fastest growing cities in the nation, and near the new Texas Health Hospital Frisco Dallas, Nov. 1, 2018 – Caddis®, a national healthcare real estate firm headquartered in Dallas, recently broke ground for the 34,650 square foot, multi-tenant Frisco Medical Pavilion in the […]
News Release: MedProperties Realty Advisors acquires two-building MOB portfolio near Philadelphia
The medical office buildings in Oaks, Pa., are 91 percent leased by a strong, diverse tenant mix that includes Axia Women’s Health, Temple University Health System and Alliance Health OAKS, Pa., and DALLAS, Oct. 31, 2018 – MedProperties Realty Advisors LLC is pleased to announce its newest investment: the Oaks Medical Office Building (MOB) portfolio in […]
News Release: Former Trammell Crow/CBRE executives O’Neil and Allyn start new healthcare venture
Fidelis Healthcare Partners, which will concentrate on new development and acquisitions, has also secured a prominent capital partner: a state retirement fund advised by Bentall Kennedy DALLAS and HOUSTON, Oct. 31, 2018 – Kevin O’Neil and Mark C. Allyn, who each have more than 30 years of diverse commercial real estate experience, have launched Fidelis […]
News Release: Capital One Closes $11 Million Loan to Fund Acquisition of South Carolina Medical Office Building
New York (October 31, 2018) – Capital One announced today that it provided an $11 million adjustable-rate loan to Altera Development, a Dallas-based real estate development company that develops and manages properties including medical office, hospital, multifamily, and industrial projects across the U.S. Altera used these funds to acquire a 109,000-square-foot medical office building in Spartanburg, […]
News Release: HCP Upgraded by S&P Global Ratings to BBB+ with Stable Outlook
Irvine, Calif., Oct. 31, 2018 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced that S&P Global Ratings (“S&P”) upgraded its corporate credit rating to BBB+ from BBB, with a stable outlook. S&P based the ratings upgrade on HCP’s repositioning efforts which have improved the quality of the portfolio, reduced tenant concentration and significantly lowered leverage. “We […]
News Release: HCP Reports Third Quarter 2018 Results
Irvine, Calif., Oct. 31, 2018 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced results for the third quarter ended September 30, 2018. For the quarter, we generated net income of $0.21 per share, FFO of $0.33 per share and FFO as adjusted of $0.44 per share. Quarterly and Recent Highlights – Under contract to sell our […]