News Release: Stan Johnson Company completes sale leaseback of a medical office building portfolio in South Carolina for $30.5 Million
FOR IMMEDIATE RELEASE August 31, 2020 Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale leaseback of a four-building medical office portfolio totaling 110,052 square feet. The properties are located at 5 Stevens Street and 601 Halton Road in Greenville, South Carolina, 220 South Pendleton Street in […]
News Release: Cushman & Wakefield Secures Two Leases Totaling 7,000 SF on behalf of The Loudermilk Companies at 371 East Paces in Atlanta
Building Reaches 70% Occupancy with One Full Floor Remaining ATLANTA, August 28, 2020 – Cushman & Wakefield has arranged one new lease and one lease expansion totaling 7,000 square feet at 371 East Paces, a premier medical office building located in the heart of Atlanta’s Buckhead submarket. George Olmstead and Brandon Wallace of Cushman & […]
News Release: H2C Advises Catholic Health Services of Long Island on $400,000,000 Taxable, Fixed-Rate Bonds
H2C CAPITAL MARKETS August 27, 2020 On Wednesday, August 26, Catholic Health Services of Long Island (NR/A-/A-) (“CHS”) priced $400,000,000 taxable 30-year, fixed-rate bonds (“Series 2020 Bonds”). The proceeds of the bonds will be used to fund strategic investment in CHS facilities. H2C acted as financial advisor to CHS on the transaction. Pricing Summary $400,000,000 taxable, 30-year […]
News Release: Montecito Medical Acquires MPoA Medical Office Portfolio
FOR IMMEDIATE RELEASE August 27th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of six medical office buildings that were part of the portfolio of Medical Properties of America (MPoA). The six properties span four states and include: Four facilities operated by Outpatient […]
News Release: CBRE Represents California-based REIT in Sale of 4100 Bangerter
Salt Lake City, UT | August 26, 2020 The Salt Lake City office of CBRE has announced the sale of 4100 Bangerter, a medical office building located in West Valley City. Marty Plunkett, Vickey Walker, Craig Thomas and Melissa McIntyre of CBRE represented the seller in the transaction. 4100 Bangerter is located at the intersection of 4100 […]
News Release: Montecito Medical Acquires Two Imaging Centers in Corpus Christi
FOR IMMEDIATE RELEASE August 20th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two outpatient imaging facilities in Corpus Christi, Texas. The two properties, both 100% leased by Radiology & Imaging of South Texas, have a combined square footage of 28,517. […]
News Release: Associated Bank finances $9.6M for construction of Arvada, Colorado medical office building
Associated Bank finances $9.6M for construction of Arvada, Colorado medical office building MINNEAPOLIS – August 19, 2020 – Associated Bank recently completed a $9,641,000 loan for Mortenson Development, Inc. / Seavest Healthcare Properties, LLC, for construction of a Class A medical office building. The 42,425-square-foot Candelas Medical Office Building will be located at the intersection of […]
Transactions: A closer look at Tower Health’s $203.7M monetization
Amid the pandemic, the Pa.-based system sold 23 assets to Oak Street Real Estate Capital By John B. Mugford Just as June was coming to a close, a Pennsylvania-based health system’s sale of a 23-property, mostly medical office building (MOB) portfolio in southeastern Pennsylvania garnered a strong price of $203.7 million at a capitalization (cap) […]
News Release: Children’s Medical Center to Join New Saint Joseph Medical Office Pavilion in Denver in Lease Arranged by CBRE
FOR IMMEDIATE RELEASE The pavilion, which totals almost 97,000 sq. ft. of Class A medical office space, is the first new development on the St. Joseph campus since the hospital opened four years ago DENVER – Aug. 18, 2020 – CBRE announced that Children’s Medical Center (CMC) has pre-leased 8,699 sq. ft. at Saint Joseph […]
News Release: Just Closed – Huntersville (N.C.) Medical Plaza
CBRE Capital Markets | Healthcare and Life Sciences Just Closed Huntersville Medical Plaza Huntersville, North Carolina Sale Date: 8/12/2020 Property Size: 26,166 SF Occupancy: 50% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Huntersville Medical Plaza (the “Property”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley and Sabrina Solomiany partnered with Patrick […]
News Release: Acquisition of a Four Building, 62,388 SF, Medical Office Portfolio, in North Carolina Finalized
August 13, 2020 12:02 ET | Source: Block Real Estate Services, LLC Kansas City, Missouri, Aug. 13, 2020 (GLOBE NEWSWIRE) — North Carolina — August 13, 2020 — Block Real Estate Services, LLC (“BRES”) announces the acquisition of a 4-property ophthalmology portfolio located on the eastern coast of North Carolina via a 12-year sale/leaseback with Albemarle Eye Center/Precision Eye Care […]
News Release: Flagship Healthcare Properties Acquires Medical Office Building in Huntersville, N.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm expands Metro Charlotte, N.C. presence Charlotte, N.C. (August 13, 2020) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, continues to expand its Charlotte footprint with the acquisition of Huntersville Medical Plaza, a Class A, two-story, 26,166-square-foot outpatient medical office building (MOB), located at […]
News Release: Just Closed – 400 Tower Road (Marietta, Ga.)
CBRE Capital Markets | Healthcare and Life Sciences Just Closed 400 Tower Road (Marietta, Ga.) Sale Date: 7/31/2020 Property Size: 48,145 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of 400 Tower Road (the “Property”), located in Marietta, Georgia. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan […]
News Release: Maryland Oncology plans to open major practice in the Seavest-owned Medical Pavilion at White Oak
FOR IMMEDIATE RELEASE The state’s largest cancer group has leased 23,500 square feet in the building located on the campus of Adventist Healthcare White Oak Medical Center in Silver Spring The Medical Pavilion at White Oak at 11886 Healing Way will be home to Maryland Oncology Hematology’s new 23,500-square-foot cancer practice. SILVER SPRING, Md., and […]
News Release: Caddis acquires 44,201-square-foot Gateway Medical Plaza II near Nashville, Tenn.
FOR IMMEDIATE RELEASE This is the 27th property purchased by the firm’s inaugural medical office acquisition fund, which is expected to be fully deployed early in the fourth quarter of 2020 MURFREESBORO, Tenn., and DALLAS, Aug. 12, 2020 – Caddis® has acquired the 44,201-square-foot, Class A Gateway Medical Plaza II in Murfreesboro, near Nashville. The […]
