Transactions: Boulder Group brokers MOB sales
Transactions included properties in Chicago, Milwaukee and Vincennes, Ind. By Connie M. McCaffrey The Boulder Group, a Northbrook, Ill.-based boutique investment real estate service firm specializing in single-tenant net-lease properties, recent brokered the separate sales of three medical facilities in Milwaukee, Chicago and Vincennes, Ind.
Hot Property: Cap rate tops 8% for Kent, Wash., asset
Benson Business Park boasts a stable roster of medical and professional tenants Name: Benson Business Park Address: 25012-25022 104th Ave. City: Kent, Wash. Total leasable square feet: 24,411 Number of buildings: 3 Number of floors: 1 Land Area: 1.54 Acres Occupancy: 89% Year built: 1985-87 Parking ratio: 3.28/1,000 square feet Brokerage: CBRE Brokers: Craig Wilson, […]
Transactions: SIG brokers institutional investment firm’s $4.41 million acquisition of two Pennsylvania
SANTA MONICA, Calif. – Sands Investment Group (SIG) announced the net-lease sale of two Pennsylvania MOBs.
Transactions: Private equity firm acquires Kindred MOB for $25.16 million
Healthcare Real Estate Insights™ has learned that Syndicated Equities, a private real estate investment firm with offices in Chicago and Washington, recently closed on the $25.16 million acquisition of the Kindred Healthcare Transitional Care Center (TCC), a three-story, 81,371 square foot, single-tenant medical office building (MOB) in Phoenix. The sale price works out to $309 per […]
News Release: Just Sold : One Wisteria Place
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of One Wisteria Place in Snellville, Georgia. Sale Date: February 5, 2016 Building Size: 43,558 SF Year Built: 2005 Occupancy: 90.8% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of One Wisteria Place. Lee Asher […]
Thought Leaders: H2C Fourth Quarter Medical Office Building Report
THE LATEST H2C MEDICAL OFFICE BUILDING QUARTERLY UPDATE IS NOW AVAILABLE Hammond Hanlon Camp LLC Fourth Quarter Medical Office Building Report: Medical Office 2015 Year in Review NEW YORK — February 23, 2016 — 2015 medical office transaction volume was the highest recorded in U.S. history. Approximately $10.0 billion in transactions were recorded during the year, a 14 […]
News Release: Just Closed: Class A Medical Office Building
LAKEBROOK MEDICAL CENTER WESTBROOK, CONNECTICUT Westbrook, CT – Lisa Menin of Jacobson Properties, New York, and John LaBella of RE/MAX Right Choice, Trumbull, Connecticut are pleased to announce the sale of Lakebrook Medical Center in Westbrook, Connecticut. The Class A medical office building, which totals 24,500 square feet, was purchased by an institutional healthcare real […]
News Release: Another Pasadena Medical Office Trades
The 22,000 sf medical building at, one block from Huntington Hospital, has been acquired by Huntington Orthopedics Institute. The building, built in 1962, was 100% occupied on the date of close but with expiring leases in the next year, the medical group will occupy much of the building soon afterward. The sale price was $9,250,000 […]
News Release: Meridian Buys Medical Office Building in Pasadena, Calif. for $37.5 Million
Purchase Represents Meridian’s Largest Acquisition at 115,000 SF and Company’s 8th MOB Transaction in Last 12 Months SAN RAMON, CALIF. – Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of Cotton Medical Center, a 115,000-square-foot medical office complex in […]
Transactions: More Healthcare Real Estate Transactions
Wealth Migrate Medical 3 Holdings LLC, part of crowdfunding investment firm Wealth Migrate, which has nine offices worldwide, including one in Atlanta, recently acquired the Swan Building MOB in Alpharetta, Ga. The investor paid $8.5 million for the 44,893 square foot building at 4165 Old Milton Parkway, or $189 PSF. The seller was Alpharetta Aesthetics […]
Transactions: MOB sets PSF price record in Seattle
Heitman, NexCore JV acquires First Hill Medical Pavilion for $884 per square foot By John B. Mugford Leave it to healthcare real estate (HRE), which has been on a record-setting ride when it comes to facility sales in recent years, to generate the highest price per square foot (PSF) ever paid for a commercial office […]
Transactions: Sale of Fort Wayne MOBs
In more news from Fairfield Advisors, the firm also recently represented the seller, an ophthalmology group, in the sale of a two-building MOB portfolio in Fort Wayne, Ind.
Transactions: Urology center in Denver trades for $35.15 million, for a record $624 PSF
DENVER – Olympus Ventures, which in fall 2014 paid what was believed to be the highest price per square foot (PSF) ever for a Colorado MOB, appears to have topped its own record.
Transactions: Griffin-American III lands pair of MOBs from developer in affluent Chicago suburb
NAPERVILLE, Ill. – Irvine, Calif.-based Griffin-American Healthcare REIT III, which in 2015 terminated its public offering of stock after raising more than $1.8 billion, recently acquired a two-building portfolio of MOBs in Naperville, Ill., an affluent suburb of Chicago.
Transactions: Flagship Healthcare fund buys building in Tennessee to close out its first fund
KNOXVILLE, Tenn. – Charlotte, N.C.-based Flagship Healthcare Real Estate Fund recently made its 14th and final acquisition in its first private equity fund, according to Brannen Edge, president of Brackett Flagship Properties, which started the private equity fund.
