News Release: One Medical expands in ATL market
Franklin Street Represents One Medical in Securing Third Atlanta Office The tech-powered, human centered primary care practice will open at Terminus Atlanta in Buckhead in December ATLANTA (December 10, 2020) – Franklin Street has represented One Medical, a national, technology-powered and human-centered modern primary care practice, in securing space for its third primary care office […]
News Release: Easterly Government Properties acquires 27,569 sf Health Resources And Services Administration facility in Baton Rouge, Louisiana
WASHINGTON, D.C. – December 3, 2020 – Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 27,569-square foot Health Resources & Services Administration (HRSA) Clinical Center […]
News Release: Peak ENT to Join New Saint Joseph Medical Office Pavilion in Denver in Lease Arranged by CBRE
FOR IMMEDIATE RELEASE CBRE secures second lease at newly delivered building on Saint Joseph Hospital campus DENVER – Dec. 2, 2020 – CBRE announced that Peak ENT has leased 4,738 square feet at Saint Joseph Medical Office Pavilion, a new 99,000-square-foot medical facility just completed by Fidelis Healthcare Partners at 1818 Ogden Street in Denver, […]
News Release: Suburban office/life sciences assets get boost from Middle Eastern investments
Trend demonstrated in the recent $225M JLL-brokered recapitalization of Arborcrest Corporate Campus near Philadelphia to Saudi Arabia-based Sidra Capital PHILADELPHIA, December 2, 2020 – JLL Capital Markets announced today that it has closed the $225 million recapitalization of Arborcrest Corporate Campus to Saudi Arabia-based Sidra Capital (Sidra). The sale of the five-building, 855,600-square-foot suburban office […]
News Release: MedSquare Health signs 21,500 sq.ft. in new leases
First Off-Campus Class “A” Medical Office Building Near Baptist Hospital Signed New Leases with Dental Care Alliance, LifeStance Health, and DermCare Management MIAMI (November 30, 2020) — MedSquare Health, the first off-campus Class “A” Medical Office Building by owners/developers AJP Ventures and Mas Group (MAS*AJP) located next to Baptist Hospital of Miami, is proud to announce […]
News Release: Southeast MOB portfolio sale
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Fresenius Medical Care Portfolio in Alabama and Mississippi Six-clinic Portfolio Draws $15.8 million Investment from Buyer American Finance Trust, Inc. CHICAGO, November 30, 2020 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $15.8 million sale […]
Transactions: Community Healthcare Trust lands a 9-MOB portfolio
While the REIT typically invests less than $10M per deal, the portfolio cost $38.2 By John B. Mugford At a time when a majority of medical office building (MOB) transactions throughout the country are taking place as single-asset deals, an investor that typically acquires one building at a time for less than $10 million has […]
News Release: Transwestern tapped to lease and manage 351,030 sf office in Houston’s Bellaire Submarket
Corporate and Healthcare Users to Benefit from Proximity to Texas Medical Center (Nov. 23, 2020 – Houston) – Transwestern Real Estate Services (TRS) announces it has been engaged by Capital Commercial Investments Inc. to provide leasing and management services for a five-story, 351,030-square-foot building at 6500 W. Loop S. in Houston. Located only 4 miles […]
News Release: Announcement – $13.6M Medical Office Sale (New Bern and Jacksonville, N.C.)
Fairfield Advisors announces sale of 2 Medical Office Buildings in New Bern, NC. and Jacksonville, NC. – $13,600,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 2 Medical Office Buildings in Coastal North Carolina. The buildings, totaling 40,000 square feet, are […]
News Release: Marcus & Millichap Brokers Northern California Medical Office Building Sale
FOR IMMEDIATE RELEASE WALNUT CREEK, Calif., Nov. 19, 2020 – 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 2625 Shadelands Drive, a 60,000-square-foot medical office building in Walnut Creek, California. “The property is the buyer’s first healthcare […]
News Release: Recent Sale | 99,000 SF On-campus medical office building (Carmichael, CA)
Recent Sale Swettenham Ortiz Healthcare Team COLLIERS INTERNATIONAL | SACRAMENTO November 19, 2020 On-campus medical office building in Carmichael sold Swettenham Ortiz Healthcare Team brokers sale of 99,000 SF medical office building on the Mercy San Juan Medical Center campus The Swettenham Ortiz Healthcare Team is pleased to announce the closing of 6555 Coyle Avenue […]
News Release: MetLife Investment Management provides $52.76M loan for Research Triangle lab conversion (Morrisville, N.C.)
Life science capital markets well positioned for continued growth in 2020 notes JLL Capital Markets BOSTON, November 19, 2020 – JLL Capital Markets announced today that it has arranged $52.76 million in financing for Perimeter’s Edge, a flex/office, lab-convertible portfolio totaling 341,547 square feet across four buildings in Morrisville, North Carolina. JLL worked on behalf […]
News Release: Montecito Medical Acquires Minneapolis Area Medical Office Complex
FOR IMMEDIATE RELEASE November 19, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Ridges Pondview Medical Office Building, a high-profile medical complex in the Greater Minneapolis area. The two-story facility is situated on the campus of M Health Fairview Ridges […]
News Release: It’s a Done Deal: Maine HHEFA (ADV)
Raymond James Healthcare Finance It’s a done deal Raymond James serves as Sole Manager for Maine Health and Higher Educational Facilities Authority’s $13.105 million revenue bonds MHHEFA was able to yield a positive result and capitalize on very favorable market conditions, with an all-in TIC of 2.66%. To learn more about this transaction, please view the […]
Transactions: MOB sales were $7.2B through Q3
Five-year streak of at least $10 billion per year is in jeopardy after weak third quarter By John B. Mugford With medical office building (MOB) sales volume of about $7.2 billion through Sept. 30, it’s going to take a big fourth quarter (Q4) to top $10 billion for the sixth consecutive year. According to nationwide […]