News Release: WPC breaks ground for Stone Ridge Medical Center in Dulles, VA
April 2, 2018 — Washington Property Company (WPC) has started construction of a new 67,000 square foot state-of-the-art medical office building in Dulles, VA, directly across Route 50 from the recently opened HCA StoneSprings Medical Center hospital. Two medical care providers and a pharmacy already have leased at Stone Ridge Medical Center, which is scheduled […]
News Release: Ryan Companies Announces Promotion of Jim McDonald to Senior Vice President of Real Estate Development
Ryan Companies US, Inc. Great Lakes Region announced today the promotion of Jim McDonald to Senior Vice President of Real Estate Development. McDonald has demonstrated skillful delivery in challenging developments and has contributed outstanding initiative with several recent acquisitions and pursuits throughout the Chicago market. In his 19 years with Ryan, McDonald has been a […]
News Release: The Neenan Company, Castle Family Health Centers Break Ground on Replacement Clinic in Winton, Calif.
Expanded operations to add 30 jobs to the local community Fully integrated design-build firm The Neenan Company was chosen by Castle Family Health Centers to serve as the design-build partner for a 13,500-square-foot clinic in Winton, Calif. The project marks the first property Castle Family Health Centers will own, signifying a milestone for the organization […]
New Release: HCP Announces Results for the Quarter Ended March 31, 2018
First Quarter 2018 Financial Performance And Recent Highlights Net income, FFO and FFO as adjusted per common share were $0.08, $0.47 and $0.48, respectively Announced transaction to exit U.K. holdings; initial transaction structured as joint venture with exit rights to sell remaining interest by no later than 2020 Completed sale of six assets to Brookdale […]
News Release: New Medical Office Complete in Tampa Area
Cushman & Wakefield Awarded Leasing Assignment for Class A Medical Office Building in Wesley Chapel Landlord Dr. Mark Farina Retained Brian Breeding and Nina Sullivan to Market the Newly Completed 16,000 SF Property in a Booming Tampa Bay Submarket Cushman & Wakefield has been retained to handle leasing for Farina Medical Plaza, a brand new […]
News Release: NexCore Led the Nation in Outpatient Medical Real Estate Construction Starts Last Year
NexCore Led the Nation in Outpatient Medical Real Estate Construction Starts Last Year National healthcare real estate (HRE) developer earned the top spot in the Revista Outpatient HRE Development Survey “Projects Started” category with six projects totaling 301,331 square feet NexCore Group, a national healthcare real estate developer, started construction of more square feet of outpatient […]
News Release: Healthcare Trust of America, Inc. Rings NYSE Closing Bell To Celebrate Five Years As A Publicly-Traded Company
Healthcare Trust of America, Inc. (NYSE: HTA) today announced that founder, chairman and CEO Scott D. Peters, will ring the Closing Bell at the New York Stock Exchange (NYSE) April 4, 2018, at 4 p.m. EDT. HTA is celebrating over 10 years since the company was founded and the 5th year as a public company since listing on the NYSE June […]
News Release: Davis was one of the nation’s top healthcare real estate developers last year
Minneapolis-based healthcare real estate developer ranked seventh in project starts and eighth in total projects last year, says a new independent survey from Revista and HREI Davis, a national healthcare real estate (HRE) development, property management, brokerage and investment firm, was one of the nation’s leading developers of medical office buildings (MOBs) and other outpatient […]
News Release: HFF arranges $8M acquisition financing for medical office building in Southern California
HFF announces $8 million in acquisition financing for Redhawk Medical Center, a 32,471-square-foot, multi-tenant medical office in the Southern California community of Temecula. The HFF team worked on behalf of the borrower, Cypress West Partners, LLC (CWP), to place the seven-year, non-recourse, floating-rate loan with a commercial bank. Redhawk Medical Center is situated on 2.5 […]
Thought Leaders: CBRE 2018 Healthcare Real Estate Investor & Developer Survey Results
CAPITAL MARKETS CBRE’s U.S. Healthcare Capital Markets Group is pleased to present the findings of our 2018 Investor & Developer Survey. In developing the survey, our main objective was to identify trends in the healthcare real estate industry and to share this information with our clients to help them better understand the state of the […]
News Release: MedProperties and Cypress West Partners form JV for value-added acquisition of California MOB
The fully leased, 32,471 square foot Redhawk Medical Center in Temecula, Calif., was purchased at a favorable price, providing plenty of upside potential for its new owners TEMECULA, Calif., and DALLAS. March 28, 2018 – With a favorable purchase price, immediate cash flow and plenty of upside, the 32,471 square foot Redhawk Medical Center in […]
News Release: Orlando medical office portfolio sells for $16.2M
Cushman & Wakefield Negotiates Sale of Five-Building Medical Office Portfolio in Orlando for $16.2 Million Anne Spencer and Travis Ives Represented a Private Group of Investors Cushman & Wakefield has negotiated the sale of a Class A medical office portfolio for $16.2 million. The portfolio consists of five buildings totaling 59,644 square feet, which are […]
News Release: Anchor Health Properties collaborates with Main Line Health in King Of Prussia
FOR IMMEDIATE RELEASE March 27, 2018 Contact: Rachael Osberger, Anchor Health Properties rosberger@anchorhealthproperties.com; 302-655-1010 (Wilmington, DE) Anchor Health Properties, a national, full-service healthcare real estate development, management, and investment company focused solely on medical facilities, is moving forward as the development manager for Main Line Health’s state-of-the-art 94,000-square foot ambulatory healthcare center located in The […]
News Release: Meridian Purchases 2.06 Acres in Stockton, Calif.
Acquisition Represents Meridian’s 16th Single-Tenant Medical Office Development in Five Years Meridian, a full-service real estate developer and owner of the medical real estate, is pleased to announce that it has closed escrow on the purchase of a 7,500-square-foot building sitting on 2.06-acres located in Stockton, California. The purchase price was $1.25 million. Meridian […]
News Release: Who Were the Hot Buyers of Medical Office in 2017?
2017 witnessed record MOB sales and outsized portfolio sales, but a notable shift occurred in the hot money – a theme that dominates the landscape in early 2018. Medical office acquisitions by investor category Key points: The largest buyers as a class in 2017, as in 2016, were the public MOB REITs (HTA, DOC, HR), […]