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ARC Healthcare Trust II Inc. paid $15 million for the two-story, 48,606 square foot Adventist Health Lacey Medical Plaza at 1524 W. Lacey Blvd. in Hanford, Calif. 
Photo courtesy of LoopNet.com

Transactions: ARC Healthcare Trust II pays $15 million for MOB in central California

  HANFORD, Calif. – Aggressive buyers are looking far and wide for MOBs, as evidenced by New York-based ARC Healthcare Trust II Inc.’s recent acquisition in Hanford, a city of about 55,000 people in central California.

Transactions: Selected largest Q1 2015 MOB sales

Transactions: Selected largest Q1 2015 MOB sales

The future Healthcare Partners Investments (HPI) Mediplex in northern Oklahoma City is part of a four-building, 245,658 square foot portfolio offering being marketed by the healthcare team with Brown Gibbons Lang | Real Estate Partners.
Rendering courtesy of HPI

Hot Property: OKC portfolio offers MOBs, hospitals

Also available, in a separate deal, is a portfolio of four MOBs with 97,238 s.f. Name: HPI Healthcare Portfolio Location: Oklahoma City, Okla. Number of buildings: Four Square footage: 245,658 Leased: 100% Tenant: Healthcare Partners Investments LLC (HPI) First-year NOI: $5.875 million Brokers: Christopher Stai , Clinton Parker Brokerage: Brown Gibbons Lang In Greater Oklahoma […]

Transactions: CNL Healthcare Properties acquires 105,000 square foot medical clinic in Bend, Ore.

BEND, Ore. – Orlando, Fla.-based CNL Health Properties recently acquired the home of a large, independent group practice in Bend, a city of about 170,000 residents in the central part of Oregon.

Griffin-American Healthcare REIT III recently acquired the 54,545 square foot Medical Village at Mount Dora (Fla.) for $16.3 million, or $299 per square foot.
Photo courtesy of Sperry Van Ness

Transactions: G-A REIT III lands a ‘medical village’

MOB in Mount Dora, Fla., was sold by Central Florida HRE development firm By John B. Mugford Irvine, Calif.-based Griffin-American Healthcare REIT III Inc. continues to add to its portfolio, as it recently acquired what is labeled as a “medical village” in Mount Dora, Fla.

Transactions: Rendina acquires MOB in San Antonio’s South Texas Medical Center

SAN ANTONIO – Rendina Healthcare Real Estate, long known as an HRE development firm, is also on the lookout for properties to add to its portfolio through acquisitions.

833 Chestnut is a 12-story, 705,601 square foot office building across the street from Thomas Jefferson University Hospital in the heart of Philadelphia’s Center City district. The portion leased to medical tenants to about 60 percent and rising steadily.
Photo courtesy of HFF

Transactions: Largest single-asset MOB sale ever?

HFF brokers sale of 705,601 s.f. foot Philadelphia building to HCP for $160.5M By John B. Mugford In what looks to be the highest price ever paid in the United States for a single medical office building (MOB), Long Beach, Calif.-based HCP Inc. (NYSE: HCP) has closed on the acquisition of a 12-story facility in […]

Outpatient Projects: More Outpatient Real Estate Project News

Phoenix-based LGE Design Build recently completed a 47,863 square foot, $9.5 million building in Tempe, Ariz., for the Southwest College of Naturopathic Medicine. The two-story Community Commons, is home to classrooms with study areas, exercise spaces and a library expansion four times larger than the previous space. Also included is a 6,100 square foot regenerative pain […]

Outpatient Projects: Trammell Crow finishes MOB on growing hospital campus west of Houston

KATY, Texas – Demand for healthcare services continues to grow at the campus of the 142-bed – and expanding – Memorial Hermann Katy Hospital in the western Houston suburbs.

Outpatient Projects: Pacific Medical Buildings starts 52,000 s.f. medical office in Goleta, Calif.

GOLETA, Calif. – Within a year after a new replacement facility opens for Goleta Valley Cottage Hospital in this Pacific Coast city just north of Santa Barbara, Calif., a new MOB will soon follow.

Developed by Austin, Texas-based Hat Rick Development, the future three-story, 37,000 square foot Medical Towers at Sawyer Ranch is schedule to open in spring 2016 on a 4.5-acre site in Dripping Springs, Texas, outside of Austin.
Rendering courtesy of Hat Trick Development

Outpatient Projects: Growing Texas town to get new MOB

Hat Trick Development helps meet demand for new space in Dripping Springs By John B. Mugford According to a local development firm, the small but growing area in and around Dripping Springs, about 25 miles west of Austin, is in dire need of a multi-tenant medical office building (MOB) space.

Outpatient Projects: Rendina completes work, as project manager, on new cancer center in hometown

JUPITER, Fla. – As the project manager, Rendina Healthcare Real Estate recently completed the new Margaret W. Niedland Breast Center for Jupiter Medical Center.

Outpatient Projects: Shriners Hospitals starts $47M ambulatory center near UK in Lexington, Ky.

LEXINGTON, Ky. – A $47 million ambulatory center for Shriners Hospitals for Children is under construction on the campus of the University of Kentucky (UK), with the facility being built across the street from the UK Albert B. Chandler Hospital and Kentucky Children’s Hospital.

Outpatient Projects: N.Y. developer opens $22 million MOB

Outpatient Projects: N.Y. developer opens $22 million MOB

Simone Healthcare’s new facility in its office park houses large physician group By John B. Mugford Thanks to Simone Healthcare Development, an area once known as the Platinum Mile in Westchester County, N.Y., is quickly turning into the “Medical Mile.”

Outpatient Projects: CHI Creighton Medical Center in Omaha starts work on $35M ambulatory facility

OMAHA, Neb. – Construction started recently on the future CHI Ambulatory Building as part of a new academic complex for Creighton University Medical Center in Omaha.