News release: HFF closes $14.75M sale of build-to-suit medical office property for Joe DiMaggio Children’s Hospital in South Florida
ORLANDO, FL – APRIL 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.75 million sale of a build-to-suit medical office property in Wellington, FL, totaling 31,830 square feet and fully leased to Joe DiMaggio Children’s Hospital. The tenant’s parent health system, Memorial Healthcare System, exercised its right of first […]
News Release: JLL completes sale of Indianapolis-based Methodist Professional Center II to Healthcare Realty Trust
JLL’s Healthcare Capital Markets experts have completed the sale of a 143,499-square-foot Class A outpatient facility on the academic medical campus of Indiana University Health’s Methodist Hospital in downtown Indianapolis. It is the largest hospital complex in the state of Indiana with 1,411 staffed beds. Methodist Professional Center II (MPC II) is fully occupied by […]
News Release: Recent Closing | Acquisition Loan
CLOSED: Cadence Capital Partners Healthcare Real Estate Group Secures $27,000,000 Acquisition Loan Cadence Capital Partners is pleased to announce the closing of a $27,000,000 non-recourse, bridge loan for the acquisition of a Class A, 125-bed, behavioral health facility in Texas. Cadence sourced the loan through a local Texas bank With deep market knowledge and shared […]
News Release: Avison Young brokers sale of medical office building in Maryland for $20.6 million
For Immediate Release Monday, April 22, 2019 WASHINGTON – Avison Young announced today that it has negotiated the sale of a Class A medical office building in a growing suburb of Washington, DC. Foulger-Pratt, based in Potomac, Maryland, sold the building located at 7704 Matapeake Business Drive in Brandywine, Md. to Hammes Partners for $20.595 […]
News Release: Meridian Sells New 9,200 SF Dialysis Clinic in Downtown Long Beach for $8.4 Million
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 9,200-square-foot dialysis clinic in Long Beach, Calif. The purchase price was $8,421,580, representing a cap rate of 5.0 percent. The […]
News Release: Just Sold: Springs Professional Center
Marcus & Millichap Springs Professional Center 679 Douglas Avenue, Altamonte Springs, FL 32714 22,363 SF | 2.30 Acres Just Sold in Altamonte Springs, FL: Krone Weidler, with LJ Tsunis, are pleased to announce the successful sale of Springs Professional Center in Altamonte Springs, Florida. Transaction Summary Price: $1,774,500 Price per SqFt: $79.34 Type: Professional Office […]
News Release: Atkins Companies Inks Six Lease Renewals at Atkins Medical Plaza in West Orange, N.J.
For Immediate Release Class A Medical Office Building Continues to See High Occupancy in One of New Jersey’s Most Competitive Markets West Orange, N.J. (April 15, 2019) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, has signed six lease renewals totaling approximately 13,000 square feet at Atkins Medical […]
News Release: Just closed: HSA PrimeCare Medical Office Portfolio
JLL Healthcare Capital Markets The JLL Healthcare Capital Markets Group is pleased to announce the sale of the HSA PrimeCare Medical Office Portfolio. The multi-state portfolio consists of four outpatient facilities totaling 143,228 square feet located across desirable and growing submarkets within the Chicago and Minneapolis metropolitan areas. The institutional quality assets were 94% occupied at the time […]
News Releases: Virtus Real Estate Capital, Ryan Companies Acquire Richfield Medical Office Property
APRIL 15, 2019 AUSTIN, Texas – Virtus Real Estate Capital (“Virtus”), a leading asset manager of alternative real estate property types, and its partner, Ryan Companies, today announced the acquisition of Woodlake Centre (“Woodlake”), a hybrid medical office and traditional office property in Richfield, MN. The partnership plans to focus its efforts on repositioning the […]
News Release: CBRE Completes Sale of $90 Million Medical Buildings Portfolio Across Four States
Atlanta – CBRE announced today the closing of 23 medical buildings through three separate transactions totaling approximately $90 million. The deals, sold to separate buyers over the last week, totaled over 300,000 square feet across four states. Properties include the Greenleaf Center Medical Portfolio in the Chicago Metropolitan Area, the Dermatology Solutions Group Portfolio in […]
News Release: CIT Arranges $14.8 Million Financing for Acquisition of Dallas Medical Office Building
NEW YORK, April 12, 2019 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit arranged $14.8 million in financing for the acquisition of Greenville Medical Tower in Dallas, Texas. The financing was arranged on behalf of a joint venture managed by Catalyst Healthcare Real Estate and Bain Capital Real […]
News Release: Carter Validus Mission Critical REIT, Inc. to Merge with Carter Validus Mission Critical REIT II, Inc.
TAMPA, FL – Carter Validus Mission Critical REIT, Inc. (“CVMC REIT I”) and Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”), both registered, non-traded real estate investment trusts focused on investing in income producing commercial real estate, announced today that the companies have entered into a definitive agreement to merge in a stock […]
News Release: Harrison Street and HealthAmerica Welcome Piedmont Internal Medicine to Newly-Renovated Northwest Medical Center in Atlanta
Private internal medicine practice to occupy 16,000-square-foot, custom-built space in premier, multi-tenant medical office building ATLANTA – April 11, 2019 – Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, and HealthAmerica Realty Group (“HealthAmerica”), an Atlanta-based health care real estate firm with more than 25 years […]
News Release: Marvin Crossing Medical Office Building Sold
April 10, 2019 | Press Release Charlotte, NC (April, 2019) – MPV Properties (MPV) is pleased to announce the sale of 16817 Marvin Road, Charlotte, North Carolina. This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Eighteen doctors will practice at this well-located office that sits at the signalized intersection of Ardrey Kell […]
News Release: The Sanders Trust acquires $49 million facility occupied by Bakersfield Heart Hospital in California
FOR IMMEDIATE RELEASE April 9, 2019 Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced its real estate acquisition of the Bakersfield Heart Hospital (BHH) an award-winning hospital located in Bakersfield, California. The 85,971 square foot, Class “A” facility was built in 2000 and adds California as the […]