Transactions: Gyrodyne sells MOB in Fairfax, Va., to JAG Associates LLC for $14 million
FAIRFAX, Va. – St. James, N.Y.-based Gyrodyne LLC (Nasdaq: GYRO) recently sold a 57,621 square foot MOB in Fairfax for $14 million, or $243 per square foot (PSF), according to information from Real Capital Analytics (RCA) Inc.
Transactions: Hammes Partners II makes a pair of separate buys for a total of $48.9M
BROOKFIELD, Wis. – Brookfield, Wis.-based Hammes Co.’s second healthcare real estate fund, Hammes Partners II, recently made a couple of separate acquisitions of more than $20 million apiece.
Transactions: Montecito Medical acquires MOB in Kingston, Tenn., in a $55.9 million sale-leaseback
KINGSPORT, Tenn. – Brentwood, Tenn.-based Montecito Medical recently acquired a large, fully occupied MOB in Kingsport, in the far northeastern part of the state, in a sale-leaseback transaction.
Transactions: More Healthcare Real Estate Transaction News
HSA PrimeCare, the healthcare real estate division of Chicago-based HSA Commercial Real Estate, recently acquired Elizabeth Park South Medical Center, a 42,040 square foot MOB at 70th Street and Pioneers Boulevard in Lincoln, Neb. HSA did not disclose the price, but county records indicate that it was about $8.8 million. The facility is occupied by […]
Transactions: Global Medical REIT making inroads
Founded in 2014, HRE buyer is focused on American and international markets By John B. Mugford A relative newcomer to the healthcare real estate (HRE) space – a publicly traded real estate investment trust (REIT) that says it looks to acquire “healthcare providers’ core real estate assets worldwide” – recently made another purchase in the […]
Transactions: Harrison Street acquires Chicago MOB for $31.4M from MedProperties Group
CHICAGO – Harrison Street Real Estate Capital LLC has been quite busy lately, as it recently completed the $1.9 billion acquisition of Campus Crest Communities Inc. (NYSE: CCG).
Transactions: HFF brokers sale of MOB near New Orleans; closes others as well
GRETNA, La. – The Feil Organization, an investment, development and management firm based in New York City, recently acquired the Meadowcrest Professional Building on the campus of the 180-bed Ochsner Medical Center – West Bank Campus in Gretna, La.
Transactions: Farley White affiliate acquires two-building MOB complex in Naples, Fla., for $15.8 million
NAPLES, Fla. – An affiliate of Farley White Interests, a Boston-area owner of commercial real estate, closed in February on the acquisition of a two-building MOB complex in Naples for about $15.8 million, or about $207 PSF.
Transactions: New private equity fund Prime Property Investors I launches and makes first acquisitions
NORTHBROOK, Ill. – Prime Property Investors Ltd. has launched Prime Healthcare Investors (PHI), a group of private equity funds created to acquire triple net-leased healthcare real estate (HRE) nationwide.
Transactions: HTA buys six assets for nearly $162M
Public REIT acquires medical and office buildings in three separate transactions By Murray W. Wolf Healthcare Trust of America Inc. (NYSE: HTA) acquired six medical and office buildings in three separate transaction totaling nearly $162 million and 726,525 square feet during the first quarter (Q1) of 2016.
Transactions: Meridian acquires MOBs for $37.5M
Two-building Pasadena, Calif., complex is the firm’s biggest purchase so far By Murray W. Wolf Meridian Property Co. recently closed on the $37.5 million acquisition of the 115,000 square foot Cotton Medical Center complex in Pasadena, Calif. It was the San Ramon, Calif.-based healthcare real estate developer-owner’s largest acquisition to date and its eighth medical […]
Transactions: Universal Health Realty Income Trust acquires Alabama MOB for about $10.1 million
MADISON, Ala. – Universal Health Realty Income Trust (NYSE: UHT) of King of Prussia, Pa., closed in March on the acquisition of the three-story, 30,096 square foot Madison MOB for about $10.1 million, or about $336 per square foot.
Transactions: Greenlaw Partners and UBS acquire California MOB from Ventas for $34.5 million
LAGUNA HILLS, Calif. – A joint venture (JV) of Greenlaw Partners and a fund advised by UBS Realty Investors LLC recently acquired Saddleback Valley Medical Center in Laguna Hills for $34.5 million, or $256 per square foot (PSF).
Transactions: MedProperties Holdings acquires Illinois surgery center for $17.1 million
MOKENA, Ill. – Dallas-based MedProperties Holdings LLC closed Feb. 29 on the acquisition of a Chicago-area ambulatory surgery center (ASC), the Center for Minimally Invasive Surgery (CMIS) in Mokena.
Transactions: Welltower acquires Wisconsin MOB for $18 million from Ministry Health Care
MENASHA, Wis. – Welltower Inc. (NYSE: HCN), the nation’s largest publicly traded healthcare REIT, acquired the three-story, 71,648 square foot 1550 Midway Place MOB in Menasha from Ministry Health Care in January for $18 million, or $251 PSF, according to RCA data.