News Release: Cushman & Wakefield Advises Sale of Freshly Renovated Office/Medical Complex totaling 100,203 SF in Phoenix for $20.9 Million
Three-building, multi-tenant property acquired by Cleveland based Woodside Health PHOENIX, Ariz. – November 13, 2024 – Cushman & Wakefield announced the firm has advised the sale of Paradise Valley Plaza, a three-building, multi-tenant office and medical complex totaling 100,203 square feet in Phoenix, Arizona. Located at 5010, 5020 and 5040 E Shea Boulevard, the suburban property […]
News Release: Woodside Health acquires Paradise Valley Plaza, the 14th transaction of the year.
Cleveland, OH and Phoenix, AZ, (November 12, 2024) Woodside Health is excited to announce the acquisition of Paradise Valley Plaza located on 5010, 5020, 5040 East Shea Boulevard. This marks the company’s 60th acquisition and its 14th property in the Phoenix metropolitan area. The property is strategically located at the high-traffic intersection of Tatum Boulevard […]
News Release: Plano medical office building attracts five new physician groups in last six months
Transwestern Real Estate Services (TRS) and US REO Fund, a Plano-based real estate investment firm, are pleased to announce the signing of five new medical leases at Prestonwood Medical Center, located at 7000 W. Plano Parkway. The new leases represent a significant expansion of medical services in the West Plano area totaling more than 16,000 […]
News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Florida, Michigan, and Ohio
– $15,700,000 Sale – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 3 Medical Office Buildings in Tampa, FL., Battle Creek, MI., and Akron, OH. The anchor tenants the buildings are some of the most preeminent health sysetms in their respective regions including […]
News Release: Onicx Group Acquires On-Campus Medical Outpatient Building in Tampa Bay Area
Trinity, Fla. – November 11, 2024 – Tampa-based Onicx Group (Onicx) is pleased to announce the acquisition of Trinity Oaks Medical Arts Building, a two-story, 31,000-square-foot Class A medical outpatient building in Trinity, a high-growth suburb within the Tampa Bay region. This acquisition marks the second investment in Onicx’s Healthcare Real Estate Fund since its […]
News Release: CBRE Negotiated $7.5 Million Sale of Medical Office Building in Folsom
Folsom, CA November 8, 2024 CBRE facilitated the $7.5 million sale of 1743 Creekside Drive, a 20,086-sq.-ft. medical office building in Folsom, Calif. CBRE Investment Properties’ Matt Post, Sammy Cemo and Anthony DeLorenzo represented the seller, a private investor, in the transaction. “This attractive property is leased to an excellent set of tenants and situated […]
News Release: Medical Properties Trust Announces Prospect’s Binding Agreement to Sell Managed Care Business to Astrana Health
MPT Expects Approximately $200 Million in Cash Proceeds November 08, 2024 08:08 AM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Astrana Health, a leading provider-centric healthcare company based in California, entered into a binding agreement on November 8 to purchase the majority of Prospect’s managed care platform for approximately $745 million and the assumption of certain liabilities. […]
News Release: Recently Closed – West Virginia Eye Consultants Portfolio
Capital Real Estate Group is proud to announce the successful completion of the Sale & Leaseback of the WV Eye Consultants Portfolio, a premier 32,698-square-foot medical outpatient portfolio comprising facilities in Charleston and Beckley, West Virginia. Founded in 2011, WV Eye Consultants has become one of the most respected Ophthalmology practices in West Virginia, known […]
Transactions: AW Property Co. buys three MOBs
Firm paid $54.56 million for the 162,000 s.f. portfolio with a cap rate of 6.6% By John B. Mugford North Palm Beach, Fla.-based AW Property Co. has acquired a three-MOB portfolio with 162,000 square feet of space in Jupiter, where two buildings are located, and Baco Raton for $54.56 million, or about $337 per square […]
News Release: Programmatic Joint Venture and Recapitalization Announced Between Woodside Health and Heitman
For Immediate Release: Cleveland, OH (November 4, 2024) Woodside Health and Heitman announce the recapitalization of a four-property, 315,000-square-foot medical outpatient portfolio, which is part of a $350m programmatic joint venture. This recapitalization will seed the second joint venture between the Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC (“Woodside”) and […]
News Release: JLL completes recapitalization of $725M seniors housing portfolio
News release The 20-asset portfolio is in high-growth markets across the Sunbelt, Northeast and Midwest markets BOSTON, Nov. 4, 2024 – JLL’s Seniors Housing Capital Markets and M&A teams announced today that they have arranged the recapitalization of a $725 million, 20-asset seniors housing portfolio spanning the Sunbelt, Northeast and Midwest markets. Working on behalf […]
News Release: Marcus & Millichap Arranges Sale of St. Louis Heart and Vascular Building in Bridgeton (Mo.)
Press Releases November 04, 2024 BRIDGETON, Mo., Nov. 4, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 22,097-square-foot, single-tenant medical office in Bridgeton, Missouri. The property sold for $8,837,768. “This listing generated significant interest […]
News Release: Novant Health completes purchase of UCI Medical Affiliates Inc., becomes largest urgent care provider in South Carolina and adds 20 physical therapy clinics
WINSTON-SALEM, N.C. – As part of its commitment to building a healthier future, Novant Health has closed on the purchase of UCI Medical Affiliates, Inc. (UCI) from BlueCross BlueShield of South Carolina, extending Novant Health’s remarkable care to more communities across South Carolina. “Expanding access to high-quality, remarkable outpatient care is a key part of our […]
News Release: Matthews™ Executes Sale of Chicago, Illinois Class A Condo
31 October Sale of 41,600-Square-Foot Medical Outpatient Facility in South Loop Chicago, IL – Senior Vice Presidents Rahul Chhajed and Michael Moreno of Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, sourced a buyer for the sale of an approximately 41,600-square-foot Class A condo leased to Rush University Medical […]
News Release: MedProperties Realty Advisors Acquires Recently Completed On-Campus Medical Outpatient Building in Houston;
TX-based Investment Firm is Bullish on Healthcare Real Estate in 2025 DALLAS (October 30, 2024) MedProperties Realty Advisors, LLC continues to view the challenging capital market and general business conditions as an opportunity to acquire high-quality, best-in-class healthcare assets. Last month the firm acquired a 44,659-square-foot medical office building in Cypress (Houston), Texas on the […]