News Release: MedProperties and Cypress West Partners form JV for value-added acquisition of California MOB
The fully leased, 32,471 square foot Redhawk Medical Center in Temecula, Calif., was purchased at a favorable price, providing plenty of upside potential for its new owners TEMECULA, Calif., and DALLAS. March 28, 2018 – With a favorable purchase price, immediate cash flow and plenty of upside, the 32,471 square foot Redhawk Medical Center in […]
News Release: Orlando medical office portfolio sells for $16.2M
Cushman & Wakefield Negotiates Sale of Five-Building Medical Office Portfolio in Orlando for $16.2 Million Anne Spencer and Travis Ives Represented a Private Group of Investors Cushman & Wakefield has negotiated the sale of a Class A medical office portfolio for $16.2 million. The portfolio consists of five buildings totaling 59,644 square feet, which are […]
News Release: Meridian Purchases 2.06 Acres in Stockton, Calif.
Acquisition Represents Meridian’s 16th Single-Tenant Medical Office Development in Five Years Meridian, a full-service real estate developer and owner of the medical real estate, is pleased to announce that it has closed escrow on the purchase of a 7,500-square-foot building sitting on 2.06-acres located in Stockton, California. The purchase price was $1.25 million. Meridian […]
News Release: Cypress West Partners continues to grow its portfolio adding a 100 percent occupied 32,471 SF medical office property in Temecula.
Cypress West Partners Acquires Redhawk Medical Plaza Cypress West Partners has announced the acquisition of Redhawk Medical Plaza, a 32,471-square-foot two-story medical office property located at 44274 George Cushman Court in Temecula, CA. Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, acquired the high-profile medical office building in a joint […]
Transactions: Caddis acquires MOBs in Texas and Georgia for its newly closed investment fund
Dallas-based Caddis recently acquired three MOBs with more than 120,000 square feet of space, adding them to its first investment
Transactions: Harrison Street pays $141.9 million for 327,160 square foot MOB in Durham, N.C.
Chicago-based Harrison Street Real Estate in recent weeks acquired the 327,160 square foot Hock Plaza I in Durham for $141.9 million, according to a transaction listing posted by Real Capital Analytics
Transactions: Healthcare Realty Trust pays $26.6 million for 99,526 square foot MOB near Chicago
Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) recently acquired the 99,526 square foot Doctors Office Building III
Transactions: After increasing MOB’s occupancy, partnership sells facility in Fredericksburg, Va.
In a “value add” opportunity, a partnership of Charlotte, N.C.-based Flagship Healthcare Properties and New York-based Drake Real Estate Partners acquired the off campus, 72,255 square foot Lee’s
Transactions: MedProperties Holdings, Equity LLC acquire MOB in Bastrop, Texas, outside of Austin
A pair of experienced HRE investors recently teamed up on the acquisition of the 32,987 square foot Lakeside Professional Building in Bastrop, about 34 miles south of Austin. The partnership
Transactions: Norvin makes big buy in Bellaire
Firm acquires the 505,000 square foot Pin Oak complex in suburban Houston By John B. Mugford During the past couple of decades, New York-based Norvin Healthcare Properties has built a strong portfolio of medical office buildings (MOBs) in Greater Houston, where its numerous facilities house services offered by the area’s largest health systems and group […]
Transactions: Seavest and Fleisher Smyth Brokaw acquire a fully leased, on-campus MOB in Littleton, Colo.
White Plains, N.Y.-based Seavest Healthcare Properties LLC recently formed a partnership with Denver-based Fleisher Smyth Brokaw LLC for the purchase of an 18,417 square foot on-campus
News Release: Avison Young Arranges Sale of Skilled Nursing Facility near Washington, DC
Mt. Vernon Nursing & Rehab Center in Virginia sells for more than asking price Avison Young announced today that it has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in an affluent submarket of Washington, DC. A publicly traded REIT purchased the full-service rehabilitation center at 8111 […]
News Release: Montecito Medical Acquires Virginia Eye Consultants
Montecito Medical Acquires Flagship Medical Office Building of Virginia Eye Consultants Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Virginia Eye Consultants medical office building and ambulatory surgery center in Norfolk, Virginia. The 34,177 square-foot building serves as headquarters for Virginia Eye Consultants (VEC), one of the most […]
News Release: Avison Young Negotiates MOB Sale in Houston
Texas Children’s Hospital Medical Office Building sells to Healthcare Trust, Inc. Avison Young announced today that it has negotiated the sale of the Texas Children’s Hospital Medical Office Building, a 25,000-square-foot, Class A multi-tenant medical building at 5650 East Sam Houston Parkway North on the east side of Houston, TX. Avison Young Principals Mike Wilson, […]
News Release: HCP Closes on the Sale of Its Tandem Mezzanine Loan Investment
HCP (NYSE: HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. “We are pleased to close on the disposition of our last mezzanine loan investment,” said Scott Brinker, HCP’s Chief Investment Officer. “With this sale, and the […]
