News Release: Just Closed – PennMarc Centre (Memphis, TN)
JUST CLOSED PENNMARC CENTRE Memphis, TN Sale Date: 11/9/20 Building Size: 135,270 SF Occupancy: 81% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the PennMarc Centre (the “Property”), located in Memphis, Tennessee. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman partnered with Johnny […]
News Release: Just Closed – Church Street Medical Center I, II & III (Greensboro, N.C.)
JUST CLOSED CHURCH STREET MEDICAL CENTER I, II & III Greensboro, NC Sale Date: 11/9/20 Portfolio Size: 149,351 SF Occupancy: 89% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Church Street Medical Center I, II & III (the “Portfolio”), located in Greensboro, North Carolina. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan […]
Feature Story: Wall Street analysts laud sector during BOMA MOB conference
Despite COVID, total MOB sales volume is likely to top 2019, according to panelists By John B. Mugford With medical office buildings (MOBs) continuing to show their resiliency amid the COVID-19 pandemic, it would only make sense that the product type continues trading at strong pricing and attracting an even wider range of investor types. […]
Transactions: Healthpeak acquires a seven-MOB portfolio for $169M
Purchase is part of strategy focused on MOBs, life science, CCRCs; JLL brokered the deal By John B. Mugford As Irvine, Calif.-based Healthpeak Properties Inc. carries out a four-year-old strategy that involves selling much of its senior housing and senior housing operating portfolio (SHOP) properties, it continues to invest the proceeds from such sales into […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of GenesisCare Portfolio
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of GenesisCare (formerly 21st Century Oncology) Portfolio Nine-Property Portfolio with Locations in Premier Medical Pockets Around U.S. Attracts $37.9M Investment CHICAGO, November 9, 2020 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the sale of the GenesisCare […]
News Release: Midwest core medical office building portfolio totaling 439,000 square feet trades
JLL Capital Markets predicts MOB asset class will remain strong through and post-COVID BOSTON, November 9, 2020 – JLL Capital Markets announced today that it has completed the sale of a core medical office (MOB) portfolio totaling 439,000 square feet across seven properties, primarily located on hospital campuses in top metro areas in Indiana, Illinois […]
News Release: Just Sold – Value Add Medical Office Project Transacted for $10.25M in Upland, CA
Stewart Plaza Upland, California JUST SOLD CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of Stewart Plaza, at 400 and 440 Mountain Avenue in Upland, California for $10.25 million. The two-building, 84,498-square-foot multi-tenant office and medical office project was 56 percent leased at the time of sale. Gary Stache, Sammy Cemo, Anthony DeLorenzo, […]
News Release: Mission Accomplished: Physician-Owned Medical Office Building Sold in Texas
Recently Sold Dallas/Fort Worth Class “A” Physician-Owned MOB healthcareREA.com HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of a 40,000 SF Class “A” Physician-Owned Medical Office Building located in the greater Dallas/Fort Worth MSA. The Class “A” medical office building was recently developed to consolidate multiple physician practice groups and […]
News Release: Montecito Medical Acquires Trophy Asset Involving Advocate Aurora Health
FOR IMMEDIATE RELEASE November 5th, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a large, state-of-the-art medical complex tenanted by the leading health system in the Milwaukee marketplace. The facility, Aurora Health Center – 84 South, is a five-story surgical […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2020 Results
Third Quarter Net Loss Attributable to Common Shareholders of $0.45 Per Share Third Quarter Normalized FFO Attributable to Common Shareholders of $0.06 Per Share November 05, 2020 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter and nine months ended September 30, 2020. “While the […]
News Release: Healthcare Realty Trust Reports Results for the Third Quarter
November 04, 2020 17:00 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Nov. 04, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the third quarter ended September 30, 2020. The Company reported net income of $8.2 million, or $0.06 per diluted common share, for the quarter ended September 30, 2020. Normalized FFO for the […]
Transactions: TST, Harrison Street sell 11-property portfolio for $240M
Lincoln Advisors acquires the 474,100 square feet of MOBs, IRFS for pension fund client By John B. Mugford At this point during the COVID-19 pandemic, there are plenty of investors looking to deploy “pent up” capital into stable investments amid a time of continued uncertainty. This was certainly evident during the recent marketing and sales […]
News Release: H2C Advises Health System on $135 Million of Real Estate Acquisitions
NEW YORK — Nov. 3, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive real estate and financial advisor to a nationally recognized, not-for-profit health system based in the Midwest (“System”) in connection with its $135 million acquisition of seven medical office buildings (“MOB”) throughout its primary market […]
News Release; Anchor Health Properties Closes Three Class A MOB Transactions in Key Target Market
FOR IMMEDIATE RELEASE November 03, 2020 Anchor Health Properties Closes Three Class A MOB Transactions in Key Target Market (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently closed on a portfolio of three Class A medical office assets […]
News Release: Woodside Health Announces Acquisition of Fleming Island Medical Plaza – Jacksonville, FL
FOR IMMEDIATE RELEASE CLEVELAND, OH (October 28, 2020) – Woodside Health is pleased to announce its acquisition of Fleming Island Medical Plaza, located at 1675-1679 and 1681-1689 Eagle Harbor Parkway in Fleming Island, Florida, part of the Jacksonville MSA. The buildings comprise 46,300 square feet and feature a synergistic mix of 13 medical tenants. Existing […]
