Transactions

Transactions: Meridian acquires value-add MOB in Phoenix, paying nearly $5 million for ‘landmark’ facility

Transactions: Meridian acquires value-add MOB in Phoenix, paying nearly $5 million for ‘landmark’ facility

PHOENIX – Santa Rosa Calif.-based Meridian, which often acquires and upgrades medical facilities, has purchased Grunow Memorial Medical Center, a “landmark” 51,150 square foot MOB at 926 East McDowell Road in Phoenix.

Transactions: Pisula Development Company, Harrison Street JV acquires Texas, transitional care facility

Transactions: Pisula Development Company, Harrison Street JV acquires Texas, transitional care facility

THE WOODLANDS, Texas – The Woodlands-based Pisula Development Company announced Aug. 23 the acquisition of Brightpointe at Rivershire, a 62,000 square foot, 150-bed transitional care facility in the Houston suburb of Conroe, Texas.

Transactions: Ventas was seller in previously announced sale of four-building San Antonio MOB portfolio

Transactions: Ventas was seller in previously announced sale of four-building San Antonio MOB portfolio

SAN ANTONIO – On Aug. 9, Healthcare Real Estate Insights™ reported that a portfolio of four large MOBs in San Antonio had been acquired by a partnership comprised of MLL Capital, Artemis Real Estate Partners and Ackerman & Co.

Transactions: Urgent care center in Dallas changes hands; Sun Commercial represents buyer

Transactions: Urgent care center in Dallas changes hands; Sun Commercial represents buyer

DALLAS – The Investment Services Group at Las Vegas-based Sun Commercial Real Estate recently represented the buyer of a single-tenant, double-net leased CareNow Urgent Care Center in Dallas. 

Transactions: MOB changes hands in Long Beach, Calif.; CBRE’s Southern California team represents the seller

Transactions: MOB changes hands in Long Beach, Calif.; CBRE’s Southern California team represents the seller

LONG BEACH, Calif. – The Investment Properties Southern California team of CBRE Group Inc. (NYSE CBG) recently brokered the sale of 3530 Atlantic Ave. in Long Beach, for $4.056 million. 

Transactions: Local firm acquires two MOBs for a total of $11.9 million in affluent suburbs of Atlanta

Transactions: Local firm acquires two MOBs for a total of $11.9 million in affluent suburbs of Atlanta

ATLANTA – Atlanta-based SG Property Services, a real estate firm focused on healthcare and professional office developments, recently acquired two MOBs in affluent Atlanta suburbs for a total of $11.9 million.

Transactions: Health complex in Phoenix sells for $12.1 million; local office of Avison Young brokers sale

Transactions: Health complex in Phoenix sells for $12.1 million; local office of Avison Young brokers sale

PHOENIX – Foothills Health Center, a two-building, 53,310 square foot medical office property in the Ahwatukee submarket of Phoenix, recently changed hands for $12.1 million. Nicholas Pelusio and Kevin Helland of the Phoenix office of Toronto-based Avison Young represented the seller, Chicago-based United Insurance Company of America.

Transactions: Anchor Health Properties acquires Norwalk, Conn., MOB for $23 million; NKF handles sale

Transactions: Anchor Health Properties acquires Norwalk, Conn., MOB for $23 million; NKF handles sale

NORWALK, Conn. – Newmark Knight Frank (NKF) announced Sept. 11 that it represented Bostonbased Marcus Partners in the sale of the four-story, 71,401 square foot Cross Street Medical Center at 40 Cross St. in Norwalk to Anchor Health Properties for $23 million.

Transactions: Norvin Healthcare acquires three-MOB, 83 percent leased complex near Houston

SUGAR LAND, Texas – The Healthcare Capital Markets Group of Jones Lang LaSalle (NYSE: JLL) announced Sept. 7 the sale of the Sugar Land Medical Pavilion, a complex of three multi-tenant MOBS just outside of Houston in Sugar Land. 

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News Release: Montecito Medical Acquires the Weston Medical Surgical Pavilion 

which houses the Weston Outpatient Surgical Center and other medical providers in South Florida NASHVILLE, TENN., October 25th, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the Weston Medical Surgical Pavilion building, a Class-A, two-story 30,000-square-foot facility located within an affluent medical […]

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News Release: Just Closed: Fully-Occupied Medical Office Building and Ambulatory Surgery Center

Just closed: Legends Park The JLL Healthcare Capital Markets Group is pleased to announce the sale of Legends Park, a Class A medical office building and ambulatory surgery center totaling 64,020 rentable square feet in Midland, Texas.  The property consists of an institutional quality, purpose-built medical office building and an attached ambulatory surgical center with a […]

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News Release: Meridian Buys Medical Office Building in Laguna Hills, Calif.

Acquisition Expands Meridian’s Southern California Presence SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of The Laguna, a 57,057-square-foot medical office building in Orange County, California. This acquisition expands Meridian’s footprint in Southern California […]

National Pain Institute, Winter Park, Fla. (Photo courtesy of Wallace Associates)

News Release: Fort Lauderdale, Fla.: $24.9M Medical Office Portfolio Hits the Market

FOR IMMEDIATE RELEASE         FORT LAUDERDALE, Fla., Oct. 23, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) is the exclusive advisor for the sale of Prospira National Pain Institute portfolio, a six-property assemblage of outpatient medical centers that features five free-standing, single-tenant, net-leased buildings and one single-tenant, net-leased condominium. The […]

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News Release: Just Closed – Medical Office Portfolio

News Release: Jacobson Properties, Re/Max Right Choice and Cushman & Wakefield/Pyramid Brokerage Company announce the sale of the Day Kimball Healthcare Medical Office Portfolio Plainfield, Connecticut (October 18, 2017) – Lisa Menin of Jacobson Properties, New York, New York, John LaBella of RE/MAX Right Choice, Trumbull, Connecticut and Leo Jones of Cushman & Wakefield/Pyramid Brokerage […]

News Release: HFF Healthcare Capital Markets Sold: On-Campus Value-add Southern California MOB, Laguna Hills, CA

News Release: HFF Healthcare Capital Markets Sold: On-Campus Value-add Southern California MOB, Laguna Hills, CA

Announcing the closing of Saddleback Financial Center. Southern California on campus medical office value-add opportunity. Closed: October 2017 Sale price: $15.9 million Size: 72,928 square feet Location: Saddleback Memorial Medical Center in Laguna Hills, Calif..         Transaction team:   Evan Kovac HFF Managing Director (858) 812-2365 ekovac@hfflp.com Andrew Milne Trent Jemmett Derreck […]