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.
Transactions: Hammes Partners buys Baltimore MOB from Caves Valley Partners for $23 million
BALTIMORE – Hammes Partners has acquired the three-story, 45,000 square foot Riverside Wharf MOB at 1420 Key Highway in Baltimore from Caves Valley Partners for $23 million, the Baltimore Business Journal reports.
Transactions: CBRE arranges $5.29 million sale/leaseback of 15,090 square foot Raleigh, N.C., MOB
RALEIGH, N.C. – A division of Glen Allen, Va.-based Capital Square Holdings has acquired an MOB in Raleigh for $5.29 million, according to a Jan. 20 news release from CBRE’s Raleigh office.
Transactions: Hammes Partners was MOB buyer
HREI™ learns that investment firm was behind recent acquisitions in Waco, Texas By Connie M. McCaffrey Healthcare Real Estate Insights™ has learned that HP Waco Six Medical LLC, the buyer of a two-building medical office portfolio that changed hands in October 2015, is an affiliate of Hammes Partners, a national healthcare real estate private equity […]
Transactions: Marcus & Millichap brokers MBRE’s acquisition of 48,225 s.f. cardio institute near Chicago
ROCKFORD, Ill. – Marcus & Millichap has brokered the sale of a 48,225 square foot MOB in Rockford to a joint venture fund managed by MBRE Healthcare, according to Heartland Real Estate Business magazine.
Transactions: Orthodontic practice acquires 10,040 square foot MOB in San Diego suburbs for $3.8 million
ENCINITAS, Calif. – Powder Days LLC, a partnership affiliated with an orthodontic practice, has acquired a two-story, 10,040 square foot MOB in the San Diego sub-market of Encinitas for $3.8 million, the San Diego Business Journal reports.
Transactions: Buyer acquires distressed three-story, 105,717 square foot MOB north of Detroit for $6.6 million
CLARKSTON, Mich. – The three-story, 105,717 square foot Mid-Oakland Medical Center at 6770 Dixie Highway in Clarkston, about 40 miles north of Detroit, has been sold.
Transactions: MOB sales stay strong in Q4
But as 2015 came to an end, volume showed signs of slowing, if ever so slightly By John B. Mugford On the surface, medical office building (MOB) sales remained strong throughout the record-setting year of 2015. But by the end of the year, the total sales volume in the fourth quarter (Q4) showed some signs […]
