News Release: Strawberry Fields Sells The Glendale Medical Center for $6.1 Million
SOUTH BEND, Ind.— June 11, 2019—Strawberry Fields REIT, LLC (Strawberry Fields), an owner and lessor of nursing homes and long-term acute care hospital facilities in the Midwestern and Southern U.S., announced it has sold The Glendale Medical Center for $6.1 million. Located at 1101 Glendale Boulevard in Valparaiso, Indiana, The Glendale Medical Center is a […]
News Release: Meridian Announces New Major Tenant at Cotton Medical Center in Pasadena, Calif.
FOR IMMEDIATE RELEASE: WelbeHealth to open in 14,200 SF at the 115,000 SF medical office complex adjacent to Huntington Memorial Hospital PASADENA, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot […]
News Release: Deal Announcement: CNL Healthcare Properties
KeyBanc Capital Markets CNL Healthcare Properties CNL Healthcare MOB Portfolio A Portfolio of 55 Medical Office Building Assets Owned By CNL Healthcare Properties has been acquired by Welltower. $1.25 Billion. Financial Advisor. A Portfolio of 4 Outpatient Rehab Facilities Owned By CNL Healthcare Properties has been acquired by Global Medical REIT. $94 million. Financial Advisor. About […]
News Release: HFF closes $10.18M sale of medical office building in Davidson, North Carolina
CHARLOTTE, NC – June 5, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $10.18 million sale of the 35,157-square-foot Davidson Medical Office Building in the Charlotte-area community of Davidson, North Carolina. HFF marketed the property on behalf of the seller, Canvass Capital, a real estate private equity firm, and procured the […]
Industry Pulse: MOBs are going Godzilla. We’re talking big. Really big.
JLL, with data from Revista, says 44 future monster MOBs will top 150,000 square feet NATIONWIDE — The movie Godzilla: King of the Monsters opened May 31, with some film reviewers saying that the CG-generated “Beast from the East” seems to be getting bigger with every sequel. The same might be said of medical office buildings […]
News Release: Capital One Provides $42.5 Million Commitment to Finance San Francisco Life Science Campus
FOR IMMEDIATE RELEASE New York (June 4, 2019) – Capital One announced today that it participated in a $430 million syndicated loan to finance Phase 1 of the Gateway of Pacific campus in San Francisco for BioMed Realty, a Blackstone portfolio company. The financing was provided by a syndicate of banks led by JPMorgan Chase Bank. […]
News Release: MLL Capital Acquires Medical Office Property in Woburn, Massachusetts
FOR IMMEDIATE RELEASE Plans to transform 112,000 square foot, two-building campus into world-class clinical healthcare property BOSTON (June 4, 2019) – MLL Capital, a Boston-based commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, announced today the acquisition of two medical office buildings, totaling 112,228 square feet, in Woburn, […]
News Release: Anchor Health Properties Expands Atlanta Investments
FOR IMMEDIATE RELEASE June 3, 2019 (Wilmington, DE) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, continues to expand the Company’s presence across the Atlanta MSA with the acquisition of a 43,000 square foot Class A medical outpatient facility in the Johns Creek […]
News Release: Liberty Property Trust Announces Sale of Medical Office Tower in Center City Philadelphia for $99.25 Million
July 02, 2019 WAYNE, Pa., July 02, 2019 (GLOBE NEWSWIRE) — Liberty Property Trust has sold 800 Walnut Street in Philadelphia, Pennsylvania, for $99.25 million. Liberty developed the 12-story, 153,242 square foot medical office building in 2013 for an investment of $48.5 million. The property was purchased by University of Pennsylvania Health System. The Company […]
News Release: Hammond Hanlon Camp LLC Advises WakeMed on Issuance of $365.7 Million in Bond Financing
FOR IMMEDIATE RELEASE NEW YORK— May 30, 2019 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to WakeMed Health & Hospitals, a Raleigh, N.C.-based health system (“WakeMed” or the “System”), in the issuance of $207.7 million in […]
News Release: Montecito Medical Acquires Medical Office Building in Ohio
FOR IMMEDIATE RELEASE Montecito Acquires Medical Office Building and Surgery Center in Central Ohio May 30th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired a prime medical office property and surgery center in suburban Columbus, Ohio, that is home to one of the largest urology […]
News Releases: Anchor Health Properties Increases Philadelphia MSA Footprint with Key Crozer-Keystone Investment
FOR IMMEDIATE RELEASE May 28, 2019 (Wilmington, DE) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently acquired a modern, mission-critical medical office building master leased by Crozer-Keystone Health System, through a joint venture with an affiliate of the Carlyle Group. The building, […]
News Release: Atkins Companies and Woodmont Properties Partner with Rothman Orthopaedic Institute to Bring State-of-the-Art Medical Office Building to Washington Township
For Immediate Release Announce full occupancy with three lease deals Washington Township, N.J. (May 28, 2019) – Atkins Companies and Woodmont Properties, both multigenerational commercial real estate development, investment, and property management firms, announce that they have negotiated three medical office leases totaling over 20,000 square feet at their new Rothman Medical Building located at 243 […]
News Release: HFFS advises on $1.25B sale of 55-building national medical office portfolio
NEW YORK, NY – May 22, 2019 – HFF Securities, L.P. (HFFS) and Holliday Fenoglio Fowler, L.P. (HFF) announced today that they have advised CNL Healthcare Properties, Inc. on its $1.25 billion sale to Welltower Inc. of a Class A medical office portfolio totaling 55 buildings across 16 states. HFFS was engaged in 2018 to […]
News Release: HFF closes $25.35M sale of Philadelphia-area medical office building leased to Crozer-Keystone Health System
PHILADELPHIA, PA – DRAFT – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Crozer-Keystone at Broomall, a 57,320-square-foot, Class A cancer center and multi-specialty outpatient facility in the Philadelphia-area community of Broomall, Pennsylvania. HFF marketed the property on behalf of the seller, Capital Solutions. Anchor Health Properties purchased the […]