News Release: Griffin-American Healthcare REIT IV Acquires Class A Medical Office Building in Reno, Nevada
NEWS PROVIDED BY American Healthcare Investors, LLC Mar 17, 2017, 15:00 ET RENO, Nev., March 17, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Reno Medical Office Building (commonly known as Saint Mary’s Center for Health), an […]
Thought Leaders: HH2C Q4 MOB Report: Large Portfolio Activity Drives 2016 Transaction Volume
Hammond Hanlon Camp LLC Fourth Quarter Medical Office Building Report: Large Portfolio Activity Drives 2016 Transaction Volume posted on March 14, 2017 NEW YORK — Investor appetite remained strong for medical office buildings in 2016 with a total of $8.5 billion in reported transaction volume. It was a year marked by large portfolio sales, fueled by institutional capital. […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Battle Creek, MI
NEWS PROVIDED BY American Healthcare Investors, LLC Mar 13, 2017, 16:30 ET BATTLE CREEK, Mich., March 13, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Battle Creek Medical Office Building, an approximately 46,000-square-foot property located on 7.34 acres […]
News Release: HFF Sold: Gresham Station Medical Plaza In Portland, Oregon
Announcing the closing of Gresham Station Medical Plaza, Portland, Ore. Adventist Health-anchored value-add medical office building in the bustling Portland MSA Closed: February 2017 Sale Price: $23.5 million Size: 100,419 square feet Major Tenants: Adventist Health, Providence Health &Services, DaVita Broker: HFF Healthcare Capital Markets
Transactions: MOB sales strong in Q4 2016
Bolstered by a big portfolio sale, quarter’s MOB volume hit $3.33 billion By John B. Mugford Commercial real estate brokers are known to say that sales of medical office buildings (MOBs), as well as other types of commercial real estate, typically pick up in the final quarter of most years. That was certainly the case […]
Transactions: Welcome back, TopMed team
Former ProMed Properties executives make first acquisition as new company By John B. Mugford For a time, between 2006 to 2012, New York-based ProMed Properties was a significant owner of medical office and healthcare properties up and down the East Coast. During that half dozen years or so, ProMed, a subsidiary of Tel Aviv, Israel-based […]
Transactions: LaSalle acquires 150,000 s.f. MOB
Price was $81.8 million for repurposed former retail store in Cherry Hill, N.J. By John B. Mugford When Bethesda, Md.-based Finmarc Management Inc. acquired a vacant Syms department store building on an 11-acre in a heavily trafficked area of Cherry Hill, N.J., for $4.75 million in 2013, it had a number of options for transforming […]
Transactions: LaSalle acquires 150,000 s.f. MOB
Price was $81.8 million for repurposed former retail store in Cherry Hill, N.J. By John B. Mugford When Bethesda, Md.-based Finmarc Management Inc. acquired a vacant Syms department store building on an 11-acre in a heavily trafficked area of Cherry Hill, N.J., for $4.75 million in 2013, it had a number of options for transforming […]
Hot Property: Miami MOB is in high barrier market
Mercy Medical Arts Building, completed in late 2016, is a value-add offering Name: Mercy Medical Arts Building Address: 3683 S. Miami Ave. Location: Miami Year built: 2016 Square feet: 115,920 Occupancy: Vacant Stories: 5 Seller: Undisclosed Brokerage: JLL Brokers: Steve Leathers, Mindy Berman, Daniel Turley and Brian Bacharach The campus of the 488-bed Mercy Hospital […]
Transactions: Flagship Healthcare Properties buys MOB for $13.9M in Rome, Ga.
ROME, Ga. – Charlotte, N.C.-based Flagship Healthcare Properties recently acquired a fully occupied MOB in Rome, a city of about 40,000 residents at the foot of the Appalachian Mountains some 60 miles northwest of Atlanta.
Transactions: Welcome back, TopMed team
Former ProMed Properties executives make first acquisition as new company By John B. Mugford For a time, between 2006 to 2012, New York-based ProMed Properties was a significant owner of medical office and healthcare properties up and down the East Coast.
Transactions: Physicians Realty Trust makes a number of buys in late 2016, early 2017
MILWAUKEE – Milwaukee-based Physicians Realty Trust (NYSE: DOC) made big headlines in mid-2016, closing on the largest health system monetization, or sale, of an MOB portfolio ever recorded.
Transactions: Starwood’s $796.6M deal closes
Transaction was finalized just before year-end, making it the biggest deal of 2016 By John B. Mugford Just days before the end of 2016, the largest medical office building (MOB) deal of the year closed with a few days to spare.
News Release: Hanley Investment Group arranges sale of 156,000 sf mixed-use retail center for $62 million in Arcadia, Calif.
Posted on February 24, 2017 Retail, Office and Medical Complex Sells for Nearly 98% of Asking Price CORONA DEL MAR, CALIF. – Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, […]
News Release: HFF closes $17 million sale of Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital
PHILADELPHIA, PA – February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate of George Comfort […]