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 […]
News Release: Just Sold – Linden Oaks Behavioral Health Outpatient Center
November 16, 2020 CBRE Healthcare & Life Sciences Capital Markets Just Sold Linden Oaks Behavioral Outpatient Center Naperville, Il Transaction Highlights Date Sold: 11/13/2020 Size: 43,340 Sf Occupancy: 100% Linden Oaks Behavioral Outpatient Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Linden Oaks Behavioral Health Outpatient Center […]
News Release: Marcus & Millichap Brokers Multi-Tenant Medical Office Building Sale in Amarillo Texas
AMARILLO, Texas, Nov. 16, 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 3501 MedCenter, a 145,096-square-foot multi-tenant medical office property in Amarillo, Texas. “We marketed this asset to a deep buyer pool and generated multiple […]
News Release: IRA Capital Acquires Illinois and North Carolina Medical Office Buildings
November 16th, 2020 – Southern California private equity firm IRA Capital “IRA” is pleased to announce the acquisition of two single-tenant medical office buildings in Oswego, Illinois and Raleigh, North Carolina. The Oswego property is 100% occupied by Edward-Elmhurst Healthcare, one of the larger integrated health systems in Illinois which was created by the merger […]
News Release: Just Sold – Mercy Healthcare Center
CBRE Healthcare & Life Sciences Capital Markets Just Sold Mercy Healthcare Center Coon Rapids, MN TRANSACTION HIGHLIGHTS DATE SOLD: 11/12/2020 SIZE: 91,767 SF OCCUPANCY: 70.4% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Mercy Healthcare Center (the “Property”). Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger, Sabrina Solomiany […]
News Release: Medical Office Building Sale in Inland Empire (Calif.) for $7.85 Million
Latham Medical Plaza 4361 Latham St., Riverside, CA Just Sold CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of Latham Medical Plaza, at 4361 Latham Street in Riverside, California, for $7.85 million. The 31,201 square-foot, two-story building was originally built in 1991. DaVita Dialysis, who occupies nearly half of the rentable area and has […]
News Release: Avison Young negotiates 12K SF Lease with L.A. Care Health Plan in El Monte, CA
Avison Young negotiates 12,000-sf retail lease with L.A. Care Health Plan at Santa Fe Plaza in El Monte, CA Los Angeles, CA – Avison Young announced today it has negotiated a 12,000 square-foot retail lease at Santa Fe Plaza, a retail center located at 3570 Santa Anita Avenue in El Monte, CA. The 10-year lease […]
