News Release: Brackett Flagship Properties completes Gastonia, N.C. acquisition
GASTONIA, NC, November 7, 2016 – Brackett Flagship Properties has completed its latest acquisition in the Charlotte metropolitan area. 2544 Court Drive, a two building medical campus located in Gastonia, North Carolina is the most recent addition to the Flagship Healthcare Real Estate Fund II portfolio. The buildings total approximately 30,000 square feet and sit on a 4.5 […]
News Release: JLL closes sale of Twin Creeks Medical Center I & II in Allen, Texas
JLL Healthcare Capital Markets Just closed: Twin Creeks Medical Center I & II in Allen, Texas The transaction involved the investment sale of Twin Creeks Medical Center I & II in Allen, Texas. Deal highlights Property type: Medical office Sale date: October 17, 2016 Square feet: 69,196 r.s.f. Year built: 2004 and 2005 Occupancy: 87% The […]
News release: Just Sold – Medical Office Building Sells to Owner/User – Fullerton, CA
1815-1837 Sunny Crest Drive, Fullerton, Calif. CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant medical office building located at 1815-1837 Sunnycrest Drive in Fullerton, CA. The sale price was $6,500,000 or $250 PSF. Gary Stache, Brad McCarthy and Doug Mack of CBRE represented the both the seller and […]
Transactions: Big sale in the heart of Houston
Iconic twin tower and another clinical building purchased by Texas Children’s By John B. Mugford One of the most recognizable medical office buildings (MOBs) in the vast Texas Medical Center just outside of Houston recently traded hands as part of a big two-building transaction between affiliated but separate health systems. The buyer, Texas Children’s Hospital, […]
Transactions: Brackett Flagship makes joint venture MOBs acquisitions in North Carolina and Virginia
CHARLOTTE, N.C. – Flagship Healthcare Real Estate Fund II LLC, a joint venture (JV) of Brackett Flagship Properties and Broyhill Asset Management, announced Sept. 8 that it had acquired a 35,854 square foot, off-campus MOB in Greensboro, N.C.
Transactions: Six years after buying MOB in Lanham, Md., Heitman- NexCore sell the asset
LANHAM, Md. – Denver-based NexCore Group and joint JV partner Heitman LLC of Chicago recently sold a 64,261 square foot MOB in Lanham that the partnership acquired in June 2011.
Transactions: G-A REIT IV announces pending MOB deal near Charlotte, N.C., and closes on three other MOBs
MINT HILL, N.C. – Griffin-American Healthcare REIT IV Inc. (G-A REIT IV) announced Oct. 6 that it has agreed to acquire a 57,800 square foot MOB in the Charlotte, N.C., suburb of Mint Hill.
Transactions: Montecito Medical Real Estate acquires 34,000 square foot eye care facility in Portland, Maine
PORTLAND, Maine – Brentwood, Tenn.-based Montecito Medical Real Estate announced Oct. 5 that it has acquired the Maine Eye Center facility at 15 Lowell St. in Portland for an undisclosed price.
Transactions: Seavest buys Virginia MOB’s twin
Private investor acquires its second building on Fair Oaks campus in Fairfax, Va. By John B. Mugford As part of its ongoing strategy of acquiring medical properties to which it can add value, White Plains, N.Y.-based Seavest Healthcare Properties LLC recently acquired another medical office building (MOB) on the campus of the 182-bed Inova Fair […]
Transactions: HR lands MOB with off-market offer
Publicly traded REIT acquires on-campus MOB in Leesburg, Va., for $42.25M By John B. Mugford Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR), a publicly traded real estate investment trust (REIT) that focuses mostly on medical office buildings (MOBs), recently found a property in Leesburg, Va., that wasn’t necessarily on the market.
Transactions: America pays $525 PSF for fully occupied MOB in Dedham, Mass.
DEDHAM Mass. – New York-based RREEF Property Trust Inc., a non-listed REIT sponsored by RREEF America LLC, recently acquired a 66,000 square foot MOB in Dedham, about 20 miles southwest of downtown Boston.
Transactions: Tempe, Ariz., investor acquires 10-story, 92,000 square foot MOB in downtown Indianapolis
INDIANAPOLIS – Tempe, Ariz.-based SANTÉ Realty Investments in recent months closed on the acquisition of the 10-story, 92,000 square foot Meridian Medical Building at 3266 N. Meridian St. in downtown Indianapolis.
Transactions: Miller Investment acquires MOB occupied by Children’s Hospital of Philadelphia
PHILADELPHIA – West Conshohocken, Pa.-based Miller Investment Management recently acquired a 74,348 square foot MOB that is fully occupied by Children’s Hospital of Philadelphia (CHOP) for $25.5 million, or $343 PSF, according to data from RCA Inc.
News Release: Marcus & Millichap sells San Fernando Valley office and medical campus for $32 million
TARZANA, Calif., Oct. 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Tarzana Professional Center, an office and medical campus consisting of approximately 160,345 rentable square feet in Tarzana, California. The $32 million sales price […]
News Release: Just Closed – 1720 El Camino Real
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of 1720 El Camino Real in Burlingame, California. Sale Date: October 5, 2016 Sale Price: $28,500,000 Price Per SF: $312 Building Size: 91,396 SF Occupancy: 91% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]
