News Release: MedProperties Realty Advisors acquires MOB portfolio in West Virginia
The medical office buildings in Vienna, W.Va., and nearby Belpre, Ohio, are subject to long-term leases with West Virginia University Health System VIENNA, W.Va.; BELPRE, Ohio; and DALLAS, July 10, 2019 – MedProperties Realty Advisors LLC announced that it has acquired a 92,212 square foot medical office building (MOB) in Vienna, W.Va., and a two-building […]
News Release: Just Closed – Duke Health Center South Durham
JLL Healthcare Capital Markets Just closed: Duke Health Center South Durham | Durham, North Carolina The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 125,942-square-foot Duke Health Center South Durham in Durham, North Carolina. The property is the largest off-campus outpatient facility of the Duke Health enterprise. Duke Health Center South Durham […]
News Release: Sanford Health $655,006,000 Taxable Bridge Loan
Cain Brothers is pleased to announce Sanford Health $655,006,000 Taxable Bridge Loan July 8, 2019 Cain Brothers served as Structuring and Sales Officer for a $655,006,000 taxable bridge loan for Sanford Health, a long-time client of Cain Brothers. Sanford, an ‘A1’/‘A+’ rated health system headquartered in Sioux Falls, SD owns or manages 40 hospitals in […]
News Release: Colliers Negotiates Lease for Largest Block of Existing Medical Office Space Available in Orange County (Calif.)
BY KEITH KARPÉ JUL 3, 2019 Harvard Eye Associates Leases 27,000 Square Feet at Saddleback Memorial Medical Center in Laguna Hills Colliers International has negotiated the lease of a 27,000-square-foot block of medical office space in the Saddleback Medical Building located on the campus of Saddleback Memorial Medical Center (SMMC) to Harvard Eye Associates, a […]
News Release: JLL Income Property Trust Acquires Medical Office Buildings in San Diego
Chicago (July 3, 2019) – JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the acquisition of Genesee Plaza, a Class A, two-building medical office campus in San Diego, California. The property was acquired below its estimated replacement cost for approximately $90 million. The medical office sector […]
News Release: HCA Healthcare Completes Purchase of 24 MedSpring Urgent Care Centers in Texas
Monday, July 1, 2019 3:30 pm CDT NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare (NYSE: HCA) today announced the purchase of 24 MedSpring urgent care centers from Fresenius Medical Care. The urgent care centers, located in Austin, Dallas and Houston, will be rebranded to CareNow Urgent Care, which is operated by HCA Healthcare and represents one of the […]
News Release: JLL Completes Acquisition of Leading Capital Markets Firm HFF
Acquisition significantly strengthens JLL’s Capital Markets business July 01, 2019 CHICAGO, July 1, 2019 – Jones Lang LaSalle Incorporated (NYSE: JLL) announced today that it closed its acquisition of HFF, greatly expanding JLL’s ability to provide world-class capital markets services and expertise to its clients. HFF, regarded as one of the premier capital markets advisors […]
News Release: Flagship Healthcare Trust Acquires Little Rock Medical Office Building
NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Trust Acquires Little Rock Medical Office Building Healthcare real estate firm expands its property portfolio to Arkansas CHARLOTTE, N.C. (July 1, 2019) – Flagship Healthcare Trust (Flagship REIT), a private healthcare real estate investment trust managed by Flagship Healthcare Properties (Flagship), has announced its acquisition of the Little Rock Diagnostic […]
News Release: Just Sold – Medical Office Project Trades for $390 PSF in Norco, CA
Norco Medical CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Norco Medical, located at 1901 Town & Country Drive in Norco, California. At a gross price of $6,250,000 ($390 PSF), the transaction reflected a year one cap rate of 6.12%. The three-tenant project totals 16,036 square feet and was 100% leased […]
News Release: Sanford, UnityPoint announce plans to join trusted brands
June 28, 2019 Sioux Falls, S.D. and Des Moines, Iowa – UnityPoint Health and Sanford Health have signed a letter of intent to explore joining their trusted brands as they seek to become the destination for personalized primary care in America’s Heartland. The decision follows considerable exploration between leadership teams from each organization. The two organizations will […]
News Release: Just Closed – Dry Creek Medical Office Building
CBRE Capital Markets | Healthcare Just Closed Dry Creek Medical Office Building Centennial, Colorado Sale Date: 6/26/2019 Property Size: 57,257 SF Occupancy: 79% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Dry Creek Medical Office Building (the “Property”), located in the affluent Denver suburb of Centennial, Colorado. Chris Bodnar, Lee Asher, […]
News Release: Just Sold – Indian River Medical Office & Apartments
Marcus & Millichap Recently Closed Indian River Medical Office & Apartments 1485 37th Street, Vero Beach, FL 32960 23,580 SF | 1.25 Acres Just Sold in Vero Beach, FL: L.J. Tsunis & Jason Hague, along with their teams, are pleased to announce the successful sale of Indian River Medical Office & Apartments in Vero Beach, […]
News Release: Bear Real Estate Advisors Represents Eye Surgery Associates in Sale of South Carolina Medical Office Building for $7.35 Million
NEWS PROVIDED BY Bear Real Estate Advisors Jun 25, 2019, 11:13 ET FLORENCE, S.C., June 25, 2019 /PRNewswire/ — Bear Real Estate Advisors announced today that the national real estate investment services firm represented Dr. Sam Seltzer of Eye Surgery Associates in the sale of a nearly 20,000-square-foot medical office building in Florence, South Carolina. The property was purchased by Block Funds […]
News Release: Just Closed – Scottsdale Medical Office Portfolio
CBRE Capital Markets | Healthcare JUST CLOSED SCOTTSDALE MEDICAL OFFICE PORTFOLIO Scottsdale, Arizona Sale Date : 6/24/2019 Portfolio Size: 140,448 SF Occupancy: 90% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Scottsdale Medical Office Portfolio (the “Portfolio” or “Properties”), located in Scottsdale, Arizona. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany […]
Transactions: MOB sales rebound in Q2 to $3.06 billion
That total came after a slow Q1, when sales totaled $1.5 billion By John B. Mugford Prior to the start of 2019, a number of professionals involved in the medical office building (MOB) sector predicted that sales of the facility type would once again, for the fifth year in a row, be right around — […]