Transactions

Transactions: More Healthcare Real Estate Sales Transactions

Harrison Street Real Estate Capital recently paid $15.9 million for the Community Medical Center, a 58,455 square foot MOB at 23101 Sherman Place in West Hills, Calif. West Hills is about 30 miles northwest of Los Angeles, near Thousand Oaks. The five-story building is in an area of medical facilities surrounding the 225-bed West Hills […]

Transactions: Hammes acquires two MOBs in Kitsap County, Wash., for $33.7 million

KITSAP COUNTY, Wash. – Brookfield, Wis.-based The Hammes Co., a longtime HRE development firm that launched an equity investment fund to acquire medical facilities in 2014, recently purchased a two-MOB portfolio in Kitsap County, Wash. Hammes paid $33.7 million for properties in the cities of Port Orchard and Silverdale, both of which are about 13 […]

Transactions: The Sanders Trust enters its 20th state with $12M buy outside of Albany, N.Y.

CLIFTON PARK, N.Y. – For Birmingham, Ala.-based The Sanders Trust (TST), a recent MOB acquisition has increased the company’s presence to 20 states nationwide.

833 Chestnut is a 12-story office building across the street from Thomas Jefferson University Hospital in the heart of Philadelphia’s Center City district. (
Photo courtesy of HFF)

Transactions: Largest single-asset MOB sale ever?

HFF brokers sale of 705,601 square foot Philadelphia building to HCP Inc. for $160.5 million PHILADELPHIA – In what looks to be the highest price ever paid in the United States for a single medical office building (MOB), Long Beach, Calif.-based HCP Inc. (NYSE: HCP) has closed on the acquisition of a 12-story facility in […]

ARC Healthcare Trust II Inc. paid $15 million for the two-story, 48,606 square foot Adventist Health Lacey Medical Plaza at 1524 W. Lacey Blvd. in Hanford, Calif. 
Photo courtesy of LoopNet.com

Transactions: ARC Healthcare Trust II pays $15 million for MOB in central California

  HANFORD, Calif. – Aggressive buyers are looking far and wide for MOBs, as evidenced by New York-based ARC Healthcare Trust II Inc.’s recent acquisition in Hanford, a city of about 55,000 people in central California.

Transactions: Selected largest Q1 2015 MOB sales

Transactions: Selected largest Q1 2015 MOB sales

Transactions: CNL Healthcare Properties acquires 105,000 square foot medical clinic in Bend, Ore.

BEND, Ore. – Orlando, Fla.-based CNL Health Properties recently acquired the home of a large, independent group practice in Bend, a city of about 170,000 residents in the central part of Oregon.

Griffin-American Healthcare REIT III recently acquired the 54,545 square foot Medical Village at Mount Dora (Fla.) for $16.3 million, or $299 per square foot.
Photo courtesy of Sperry Van Ness

Transactions: G-A REIT III lands a ‘medical village’

MOB in Mount Dora, Fla., was sold by Central Florida HRE development firm By John B. Mugford Irvine, Calif.-based Griffin-American Healthcare REIT III Inc. continues to add to its portfolio, as it recently acquired what is labeled as a “medical village” in Mount Dora, Fla.

Transactions: Rendina acquires MOB in San Antonio’s South Texas Medical Center

SAN ANTONIO – Rendina Healthcare Real Estate, long known as an HRE development firm, is also on the lookout for properties to add to its portfolio through acquisitions.

833 Chestnut is a 12-story, 705,601 square foot office building across the street from Thomas Jefferson University Hospital in the heart of Philadelphia’s Center City district. The portion leased to medical tenants to about 60 percent and rising steadily.
Photo courtesy of HFF

Transactions: Largest single-asset MOB sale ever?

HFF brokers sale of 705,601 s.f. foot Philadelphia building to HCP for $160.5M By John B. Mugford In what looks to be the highest price ever paid in the United States for a single medical office building (MOB), Long Beach, Calif.-based HCP Inc. (NYSE: HCP) has closed on the acquisition of a 12-story facility in […]

One of the assets acquired by Griffin-American Healthcare REIT III during the first quarter was the 31,070 square foot Keller (Texas) Medical Plaza. The MOB, which was acquired from Caddis Partners, was 94 percent leased at the time of the sale. (Photo courtesy of Caddis)

Transactions: G-A Healthcare REIT III caps $353.7 million Q1

Non-traded healthcare real estate trust says it has about $509 million more in the pipeline By Murray W. Wolf Griffin-American Healthcare REIT III Inc. acquired $353.7 million worth of healthcare real estate (HRE) during the first quarter (Q1) and has about $509 million of additional transactions in the pipeline. That’s according to American Healthcare Investors […]

The five-story, 122,479 square foot Northwest Specialty Clinics building in Springfield, Ore., recently sold for $61.4 million, or slightly more than $500 per square foot. Harrison Street was the buyer and a partnership of physicians was the seller. (Photo courtesy of JLL)

Transactions: Harrison Street buys Oregon MOB

JLL represents seller in $61.4 million sale of 122,479 square foot med building By Murray W. Wolf An affiliate of Harrison Street Real Estate Capital has acquired the five-story, 122,479 square foot Northwest Specialty Clinics MOB in Springfield, Ore., for a reported $61.4 million, or slightly more than $500 per square foot (PSF).

Transactions: Colliers closes on two MOB transactions totaling more than $20 million

MT. JULIET and JOHNSON CITY, Tenn. – The Nashville office of the Healthcare Investment Services Group of Colliers International recently brokered the sales of two Tennessee MOBs.

Transactions: Foreclosed medical facility in El Paso, Texas, gets new owners

EL PASO, Texas. – A vacant El Paso medical/oncology facility that was foreclosed on in 2010 has been sold. CBRE Capital Markets announced March 16 that it has brokered the sale of the three-story, 42,750 square foot facility on about three acres at 4532 N. Mesa in the western part of the city. Scott Herbold […]

Transactions: More Transaction News

■ Jabbel Holdings LLC, which is affiliated with Lakeview Village Corp. of Garden Grove, Calif., has acquired the 46,286 square foot Harbor Shores Medical Center I at 3921 E. Baseline Road in Gilbert, Ariz., for $4.25 million. Eric Wichterman and Mike Coover of DTZ in Phoenix represented the seller. The buyer was self-represented. The property had been foreclosed on […]