Transactions

News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota

News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota

March 12th 2024 Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in Minnesota that are home to a leading provider of women’s health services in the Twin Cities area. The two buildings, which encompass a total of 13,100 square feet, are located in the suburban communities of Maplewood and […]

News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island

News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island

JLL Capital Markets advised on the purchase of 227 Centerville Rd. in Warwick, RI, the fifth acquisition in Sendero Capital and TPG Angelo Gordon’s programmatic joint venture. BOSTON, Mar. 11, 2024 – JLL Capital Markets announced today that it advised Sendero Capital and TPG Angelo Gordon on the acquisition of 227 Centerville Rd., a 30,000-square-foot […]

News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO

News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO

STAMFORD, CT March 11, 2024 – Webster Bank is pleased to announce that it has provided a five-year, permanent loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion which is a 100% leased, class-A, state-of-the-art medical office building located in Macomb County, Michigan. “KIRCO is an award-winning commercial real […]

News Release: Simone Development Announces SightMD, a Fast Growing Eye Care Provider, Leasing 9,409 SF of Medical Space at One Executive Boulevard, Yonkers

News Release: Simone Development Announces SightMD, a Fast Growing Eye Care Provider, Leasing 9,409 SF of Medical Space at One Executive Boulevard, Yonkers

First Medical Lease Since Recently Acquiring the Building YONKERS, NY (March 2024) – In its first medical lease since recently acquiring the property, Simone Development Companies has announced that SightMD, a rapidly-growing integrated ophthalmic provider group, has leased 9,409 square feet at One Executive Boulevard in Yonkers. The property has a remaining 48,525 square feet […]

News Release: Cushman & Wakefield Advises Sale of New Las Vegas Healthcare Building acquired by Clark County for $10.4 Million

News Release: Cushman & Wakefield Advises Sale of New Las Vegas Healthcare Building acquired by Clark County for $10.4 Million

For Immediate Release Turn-key Class A facility located south of Nellis Air Force Base LAS VEGAS, Nev. – March 5, 2024 – Cushman & Wakefield announced the firm has advised the sale of a recently constructed 17,066-square-foot, 24-bed psychiatric hospital building located in Las Vegas, Nevada. The building was completed in 2021 but has never […]

News Release: Simone Development Signs UrgentWay to Long-Term Lease for Urgent Care Center at 2826 Westchester Ave. in Pelham Bay Section of the Bronx

News Release: Simone Development Signs UrgentWay to Long-Term Lease for Urgent Care Center at 2826 Westchester Ave. in Pelham Bay Section of the Bronx

BRONX, NY – February 22, 2024 – Simone Development Companies has announced UrgentWay, a leading provider of walk-in medical services with locations throughout New York City and Long Island, has signed a long-term, 2,000-square-foot lease for an urgent care center at 2826 Westchester Avenue in the Pelham Bay section of the Bronx. The property is […]

News Release: Simone Development Companies Signs Expansion and Welcomes New Medical Tenant to Flushing, NY Property

News Release: Simone Development Companies Signs Expansion and Welcomes New Medical Tenant to Flushing, NY Property

FLUSHING, NY (February 21, 2024) – Simone Development Companies has signed a new lease and an expansion for a combined total of nearly 16,000 square feet of prime medical space at 35-30 Francis Lewis Blvd in the Flushing section of Queens, NY. The two-story, 37,421 square-foot retail and medical center now has only three remaining […]

News Release: Just Closed - Baylor Irving MOB III

News Release: Just Closed – Baylor Irving MOB III

Capital Markets | Healthcare & Life Sciences Just Closed Medical Outpatient Building in Dallas-Fort Worth MSA On-Campus of the Baylor Scott & White Medical Center – Irving CBRE Transaction Highlights Date Closed: February 8, 2024 Size: 54,941 SF Occupancy: 68% Baylor Irving MOB III | 2005 West Park Drive | Irving, Texas CBRE U.S. Healthcare […]

News Release: Phoenix medical building portfolio sells for $32 million

News Release: Phoenix medical building portfolio sells for $32 million

JLL Capital Markets facilitates the sale and $25 million acquisition financing of the portfolio PHOENIX, Feb. 13, 2024 – JLL Capital Markets announced today that it arranged the $32 million sale and the $25 million financing of a strategically located outpatient medical building portfolio totaling 80,315 square feet. The portfolio consists of three Banner Health […]

News Release: Just Closed - University Hospitals Wellness Campus (Mentor, Ohio)

News Release: Just Closed – University Hospitals Wellness Campus (Mentor, Ohio)

Capital Markets | Healthcare & Life Sciences Just Closed Purpose Built Medical Outpatient Facility Serving as Medical Hub for University Hospitals CBRE Transaction Highlights Date Closed: February 5, 2024 Size: 85,977 SF Occupancy: 100% University Hospitals Wellness Campus | 8655 Market St., Mentor, OH CBRE U.S. Healthcare Capital Markets is pleased to announce the closing […]

News Release: Marcus & Millichap Arranges $7.3 Million Sale of Medical Office Property in Florida

News Release: Marcus & Millichap Arranges $7.3 Million Sale of Medical Office Property in Florida

MIAMI, Feb. 12, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 3540 N. Pine Island Road, a 16,801-square-foot office property occupied by Steward Medical Group in Sunrise, Florida. The asset sold for $7.3 million, or […]

News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building

News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building

JACKSONVILLE, FL — Feb. 7, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over 200,000 rentable square feet and is located on the Grandview […]

News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley

News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley

Outpatient clinics in Mesa, Queen Creek, and Gilbert have opportunities for expansion to meet rising demand for outpatient healthcare LOS ANGELES – February 7, 2024 –Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired three Banner Health properties in the Phoenix metro area. The three medical office buildings, located […]

News Release: Medical building portfolio trades for $86M

News Release: Medical building portfolio trades for $86M

JLL Capital Markets facilitates the sale of four medical properties in high-growth markets BOSTON, Feb. 5, 2024 – JLL Capital Markets announced today that it arranged the $86 million sale of a collection of four mission-critical medical properties totalling over 181,000 square feet located in Phoenix, Arizona, Southern Florida and Chicago, Illinois area. JLL worked […]

News Release: First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center

06 Feb, 2024, 09:00 ET RALEIGH, N.C. — Feb. 6, 2024 — First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics, […]