News Release: Medical Properties Trust Announces Acquisition of 10 LifePoint Acute Care Hospitals for $700 Million
Investor Relations Press Release Total Assets Grow 47% Year-to-Date Additional Near-term Investments Anticipated BIRMINGHAM, Ala.–(BUSINESS WIRE)–Nov. 5, 2019— Medical Properties Trust, Inc. (“MPT” or the “Company”) (NYSE:MPW) today announced that it has entered into a definitive agreement with affiliates of LifePoint Health, Inc. (“LifePoint”), one of the largest acute care operators in the United States, under which MPT will acquire […]
News Release: Just Closed – Las Colinas Cancer Center
JUST CLOSED LAS COLINAS CANCER CENTER Irving, TX Sale Date: 10/28/2019 Property Size: 14,900 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Las Colinas Cancer Center (the “Property”), located in Irving, Texas. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Sabrina Solomiany partnered with Austin Barrett in the Texas market […]
News Release: Flagship Healthcare Properties Acquires Medical Office Building Anchored by Prisma Health in Columbia, South Carolina
NEWS RELEASE FOR IMMEDIATE RELEASE CHARLOTTE, N.C. (November 4, 2019) – Flagship Healthcare Trust (Flagship REIT), a private healthcare real estate investment trust managed by Flagship Healthcare Properties (Flagship), has announced its acquisition of a 57,375-square-foot medical office building (MOB) in Columbia, South Carolina’s northeast submarket, one of the fastest […]
News Release: Griffin-American Healthcare REITs Acquire $100 Million of Properties Thru Third Quarter
American Healthcare Investors Completed Acquisitions Totaling Nearly $100 Million During the Third Quarter 2019 on Behalf of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV IRVINE, Calif. (Oct. 29, 2019) — American Healthcare Investors, the co-sponsor of Griffin-American Healthcare REIT III, Inc. and Griffin-American Healthcare REIT IV, Inc., announced today that the company completed the […]
News Release: Just Closed – 500 University Avenue Medical Office Building
JLL Healthcare Capital Markets Investment Just closed: 500 University Avenue Medical Office Building Sacramento, California The JLL Healthcare Capital Markets Group is pleased to announce the sale of 500 University Avenue, a 47,724 square foot Class A medical office building in Sacramento, California. The two-story building is 100 percent occupied and is anchored by Sacramento Heart […]
News Release: JLL Closes Sale of 107 South St. in NYC’s Seaport District
Historic 4½-story, mixed-use property sells to Tribeca Pediatrics for $6M October 29, 2019 NEW YORK, October 29, 2019 — JLL Capital Markets experts completed the sale of the historic 107 South Street, located in the heart of New York’s revitalized Seaport District, for an unnamed seller. The buyer, Dr. Michel Cohen, founder of Tribeca Pediatrics, a New […]
News Release: Western PA Hand and Surgery Center receives $12.85M in financing
JLL places the construction/permanent loan with Tristate Capital Bank PITTSBURGH, October 23, 2019 – JLL announced today that it has secured a $12.85 million construction/permanent loan for the development of the Western Pennsylvania Surgery Center, Beaver County Branch LLC, a free-standing Ambulatory Surgical Center, Shoulder-to-Hand Orthopedic Center and medical office building totaling 47,432 square feet […]
News Release: Meridian Purchases 53,500-SF Building in Orange County, Calif., for $20.35 Million for MOB Conversion
NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 53,500-square-foot, two-story medical office building in Santa Ana, California. The purchase price was $20.35 million and Meridian plans to invest an additional $5 million […]
News Release: 227,113 SF biomedical building in Phoenix to be leased by Transwestern team
Wexford Science & Technology Taps Transwestern To Lease 227,113 Sf Biomedical Campus Building In Phoenix (OCT. 18, 2019 – PHOENIX, ARIZ.) – Transwestern Commercial Services (TCS) today announces it has been selected by Wexford Science & Technology LLC to provide Agency Leasing services for the new Wexford Innovation Center at 850 N. Fifth St. in […]
News Release: Closed – Desert Mirage Medical Plaza
CLOSED: Our team is proud to have recently negotiated the sale 12361 W Bola Drive, Surprise, AZ. This ±37,424 SF medical plaza, which includes Northwest Valley’s only off-campus ambulatory surgery center, offered the buyer outstanding cost savings at a dramatic discount to reproduction cost and a strategic investment within the fastest growing community in Arizona. […]
News Release: $8,600,000 Medical Office Building Sale
Fairfield Advisors announces sale of Medical Office Building Portfolio in Tennessee and Illinois – $8,600,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 3 Medical Office Building portfolio in Tennessee and Illinois. The buildings were located in Jackson, TN., […]
News Release: Capital Square 1031 Completes DST Offering of a Medical Portfolio in Southern California
Each property is 100 percent leased on an absolute triple net basis LOS ANGELES (Oct. 15, 2019) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today that CS1031 So Cal MOB, DST, comprised of three medical facilities located in Pasadena, Rancho Mirage and Azusa, California, has been fully subscribed […]
News Release: Flagship Healthcare Properties Fully Leases Medical Office Building in Charlotte, North Carolina
NEWS RELEASE FOR IMMEDIATE RELEASE CHARLOTTE, N.C. (October 15, 2019) – Flagship Healthcare Properties (Flagship) has secured two leases for its medical office building (MOB) at 1900 Scott Avenue that return it to 100% occupancy. Located […]
News Release: LaSalle Acquires Partial Interest in Illumina World Headquarters and Life Sciences Campus in San Diego
SAN DIEGO and CHICAGO – LaSalle Investment Management (“LaSalle”) announced that it has acquired partial interest in the world headquarters and life sciences campus of Illumina (Nasdaq: ILMN), a global leader in DNA sequencing and array-based technologies. LaSalle made the investment on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”) […]
News Release: Meridian Sells Cotton Medical Center in Los Angeles County
FOR IMMEDIATE RELEASE: With more than 500,000 SF currently in development/redevelopment and another 500,000+ SF in the pipeline, Meridian is aggressively pursuing more value-add general and medical office opportunities throughout California and the Pacific Northwest NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to […]