Transactions: HTA enters Chicago market
REIT pays $40 million for 8 floors of tower across from Northwestern Memorial By John B. Mugford Aside from Welltower Inc.’s (NYSE: WELL) $1.25 billion purchase of 55 medical office buildings (MOBs) from CNL Healthcare Properties on May 15, there has been a bit of a dearth of large healthcare real estate (HRE) deals in […]
News Release: Adena Health System $83,270,000 Financing (Series 2019)
Cain Brothers is pleased to announce Adena Health System $83,270,000 Financing (Series 2019) June 25, 2019 Cain Brothers served as the Sole Manager in the public issuance of $83,270,000 of fixed rate revenue bonds on behalf of Adena Health System (“Adena”). Adena is a not-for-profit, three-hospital system headquartered in Chillicothe, Ohio. The System includes a […]
News Release: Capital Square 1031 Takes Medical Office Building DST Full Cycle, Resulting in Nearly 190 Percent Return on Equity in Five Years*
Sale marks the sixth DST offering Capital Square has taken full cycle in 12 months NEW YORK (June 25, 2019) – Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust (DST) offerings, announced today the sale of an approximately 18,000-square-foot medical office building in the New York hamlet […]
News Release: Just Closed – Towne Lake Overlook
JUST CLOSED TOWNE LAKE OVERLOOK Woodstock, Georgia Sale Date: 6/18/2019 Property Size: 52,297 SF Occupancy: 85% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Towne Lake Overlook (the “Property”), located in Woodstock, Georgia. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. The […]
News Release: 3367 S. Mercy Road, Gilbert, AZ – Just Sold
JLL Sold! Spectrum Medical Commons 3367 South Mercy Road Gilbert, AZ 85297 $17,750,000 43,354 square feet $409.42/SF Buyer: Hammes Partners Seller: Irgens Brian Ackerman | +1 602 282 6247 | brian.ackerman@jll.com
News Release: Just Closed – Pasadena Retail & Medical Center | Sold All Cash Above List Price
Just Closed Multi-Tenant Medical/Retail Investment 777 S. Arroyo Pkwy Pasadena, CA Closing Highlights PURCHASE PRICE: $5,175,000 OM DOWNLOADS: 150+ TOTAL GLA: 8,050 SF TRAFFIC COUNTS: 40,000 CPD All Cash International Buyer Sold Over $450K Above List Price Procured 15 Offers First Two Weeks of Marketing – Competitive Bidding Process Excellent Freeway Adjacent Location, Located Along Historic Route 66 National […]
News Release: Just Closed – Center for Minimally Invasive Surgery
JUST CLOSED CENTER FOR MINIMALLY INVASIVE SURGERY Mokena, Illinois Sale Date: 6/13/2019 Property Size: 28,834 SF Sale Price: $19.25M Price Per SF: $685 % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Center for Minimally Invasive Surgery (the “Property”), located in Mokena, Illinois, an affluent village located approximately 30 miles […]
News Release: HSA PrimeCare Breaks Ground on 40,000 SF Medical Office Building on Silver Cross Hospital Campus in New Lenox, Ill.
FOR IMMEDIATE RELEASE: CHICAGO (June 18, 2019) — HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, last week broke ground on a 40,000-square-foot medical office pavilion on Silver Cross Hospital’s campus in New Lenox, Ill., immediately west of the I-355/I-80 interchange. Scheduled for completion in December 2019, the state-of-the-art […]
News Release: Tampa General Hospital leases space in new USF Health Morsani College of Medicine building in downtown Tampa
Tampa General Hospital leases space in new USF Health Morsani College of Medicine building in downtown Tampa, offering stronger ties to help advance academics, patient care and research TAMPA, Fla. (Jun 18, 2019) — Tampa General Hospital is leasing up to 25,000 square feet of space in the new USF Health Morsani College of Medicine and […]
News Release: Ridgeline Capital Partners Sells Fort Worth Medical Office Building
FOR IMMEDIATE RELEASE June 18, 2019 Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a private real estate investment firm, has sold Magnolia Medical Tower, an 89,990 square foot medical office building located in the Fort Worth Medical District. HR Acquisition of San Antonio, Ltd. purchased the property for an undisclosed price. Ridgeline purchased the property in 2016 […]
New Release: Just closed: Magnolia Medical Tower | Fort Worth, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Magnolia Medical Tower in Fort Worth, Texas. The 89,990 rentable square foot medical office building is directly adjacent to Baylor Scott & White All Saints Medical Center within the vibrant Fort Worth Medical District, home to five acute care hospital campuses with approximately […]
News Release: HFF Closing Announcement | 1740 South Street Philadelphia
HFF is pleased to announce the sale of 1740 South Street, Philadelphia Holliday Fenoglio Fowler, L.P. (HFF) announced that it has closed the sale of 1740 South Street, a 45,459 SF multi-specialty outpatient medical office building, adjacent to the Penn Medicine Rittenhouse Campus in the Philadelphia, PA FOR DETAILED INFORMATION ON THIS TRANSACTION PLEASE CONTACT: […]
News Release: Lincoln Harris CSG acquires services platform from HealthAmerica Realty Group
Transaction gives Lincoln Harris CSG an expanded leasing, property and project management presence in Georgia and Northern Florida; HARG will focus on acquisitions and development FOR IMMEDIATE RELEASE DALLAS and ATLANTA, June 12, 2019 – Lincoln Harris CSG and HealthAmerica Realty Group (HARG) announce the acquisition of HARG’s healthcare real estate services group by Dallas-based Lincoln […]
News Release: HFF closes sale of 50,000 SF Downtown Philadelphia medical office building in the Rittenhouse Square submarket
PHILADELPHIA, PA – June 12, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of 1740 South Street, a 50,000-square-foot, medical office building in the highly-coveted Rittenhouse Square submarket of Philadelphia, Pennsylvania, on behalf of the seller, Chestnut Funds and Anchor Health Properties. 1740 South Street is adjacent to […]
News Release: KBS Announces 30,079 SF Medical Office Leases in DC/Northern Virginia area
June 12, 2019 06:00 AM Eastern Daylight Time NEWPORT BEACH, Calif.–(BUSINESS WIRE)–KBS, one of the largest owners of commercial real estate, announced today that the following three businesses have signed 30,739 square feet in leases at Willow Oaks Corporate Center in Merrifield, Virginia: Fairfax Radiological Consultants, the largest private radiology practice in the Washington, D.C. […]