News Release: JLL Capital Markets arranges $75M credit facility for Sendero Capital and Angelo Gordon joint venture
The credit facility is seeded by a four-asset portfolio of medical properties in New England BOSTON, Nov. 6, 2023 – JLL Capital Markets announced today that it arranged a $75 million credit facility on behalf of a joint venture between Sendero Capital and Angelo Gordon that was formed to target the medical property sector. The […]
News Release: Newmark Facilitates Sale of 2.2 Million-Square-Foot Mixed-Use Corporate Campus in Dallas/Fort Worth
Transaction Marks Largest Office Sale1 by Consideration and Square Footage in North America Year-To-Date2 DALLAS, Nov. 1, 2023 /PRNewswire/ — Newmark announces the sale of CityLine, a 2.2 million-square-foot mixed-use property comprised of four purpose-built office buildings, occupied by State Farm (S&P: AA), 120,000 square feet of retail space and a 42,000-square-foot medical office building […]
Feature Story: Despite slow MOB sales, HRE-MOB is a good place to be
Q3 data from Revista indicates occupancy rates and demand for space are strong By John B. Mugford As noted in a short report in last week’s edition of HREI, medical office building (MOB) sales volume in the third quarter (Q3) was $1.1 billion – the lowest quarterly dollar volume since Revista began compiling such information […]
News Release: Healthpeak Properties and Physicians Realty Trust to Combine in an All-Stock Merger of Equals to Create the Pre-Eminent Owner, Operator and Developer of Real Estate for Healthcare Discovery and Delivery, an Attractive and Growing Market
Immediately Accretive Transaction that Positions Combined Company for Offense Scott Brinker to Serve as President and Chief Executive Officer of Combined Company; John Thomas to Serve as Vice Chair of the Board Companies to Host Conference Call Today at 8:30 a.m. ET DENVER & MILWAUKEE–(BUSINESS WIRE)— Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak” or “PEAK”) […]
News Release: HREA Announces 7-Property Medical Office and Outpatient Surgery Center Portfolio
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of seven (7) single-specialty medical office and outpatient surgery centers located throughout northwest South Carolina. The Portfolio, consisting of approximately 88,385 square feet, is occupied by Clemson Eye, a wholly owned subsidiary of Eye Health America (EHA). With more than 32 physicians […]
News Release: Thomas Park and Welltower acquire an ambulatory surgery center/outpatient medical building in a sale-lease back
Colliers represented the buyer and seller in the sale-leaseback of the two-story ambulatory surgery center/medical outpatient building in Lawrenceville. LAWRENCEVILLE, NJ, October 24, 2023 – Colliers is pleased to announce the $8 million-dollar sale of a 20,000-square-foot core asset located at 2A Princess Road in Lawrenceville, NJ. Colliers Senior Vice President Kim Kretowicz of USA […]
News Release: Fairfield Advisors announces sale of 2 Medical Office Building Portfolio in Columbus, OH.
$11,800,000 Transaction (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of two adjacent Medical Office Buildings in Columbus, OH. The buildings total 51,429 square feet and are located at 4885-4895 Olentangy River Rd in Columbus. The buildings are occupied by Central Ohio Primary Care […]
News Release: Montecito Medical Acquires Women’s Health Office Property in Minnesota
October 24, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 32,711-square-foot medical office building in Woodbury, MN. The building is home to Minnesota Women’s Care, a leading specialty group in the Twin Cities area. “We are very pleased to acquire this outstanding […]
News Release: Newmark Completes Sale of Harrison Street’s 200,000-SF Medical Outpatient Building Collection in Maryland
FOR IMMEDIATE RELEASE Marking first MOB acquisition in Hines’ flagship commingled U.S. core plus fund, Hines U.S. Property Partners Fund. New York, NY (October 00, 2023) — Newmark announces it has completed the sale of a medical outpatient building collection comprising two properties located in Rockville and Pikesville, Maryland. Totaling a combined 200,000 square […]
News Release: Newmark Arranges Sale of 110,000 Square Foot Memorial Hermann Convenient Care Center Portfolio
Assets are located throughout the Houston MSA New York, NY (October 20, 2023) — Newmark announces it has facilitated the sale of the 100% leased Memorial Hermann Convenient Care Center Portfolio of Class A, build-to-suit MOBs. Newmark Senior Managing Director Jay Miele, Executive Managing Director Ben Appel, and Senior Managing Directors John Nero and Michael […]
News Release: Just Closed: Naperville MOB Portfolio Portfolio | Naperville, IL | 69,021 S.F.
JLL Investment Advisory Medical Properties Group Capital Markets Just Closed: Naperville MOB Portfolio Naperville, IL JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of the Naperville MOB Portfolio comprised of two, off-campus, medical office buildings totaling 69,021 square feet with an average occupancy of 88%. Both buildings are located in the […]
News Release: Montecito Medical Completes Acquisition of Seven-Building Portfolio in South Carolina
NASHVILLE, Tenn., Oct. 18, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of seven medical office buildings in upstate South Carolina. Concentrated in the Greenville and Clemson market areas, the seven properties represent a combined total of more than 88,000 square feet and are 100% occupied. “We […]
News Release: Just Refinanced – Everest Healthcare Portfolio
Capital Markets | Healthcare & Life Sciences Just Financed Nine Medical Office Building Portfolio Located in Top U.S. Markets CBRE Transaction Highlights Date Closed: 10/02/2023 Size: 435,179 RSF NJ, IL, VA, TX, SC, AZ CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of the Everest Healthcare Portfolio, a nine-property medical office portfolio […]
News Release: Big Sky Completes the Final Close of its Second Medical Real Estate Fund with $392 Million of Equity
FOR IMMEDIATE RELEASE Dallas, TX – (October 17, 2023) – Big Sky Asset Management (“Big Sky”), a leading healthcare real estate investment firm, is thrilled to announce the successful closure of its second medical real estate fund. Big Sky Medical Income Fund, LP (“Fund II” or “the Fund”), initiated in October 2021, reached its final […]
News Release: Medical Office Building M&A Activity Decreases 23% in Q3:23, According to Data from LevinPro HC
Activity in the Medical Office Building M&A market decreased in the third quarter of 2023, with 44 publicly announced transactions, according to data captured by LevinPro HC. NEW CANAAN, Conn., Oct. 10, 2023 /PRNewswire-PRWeb/ — Merger and acquisition activity in the Medical Office Building (MOB) sector decreased by 23% in Q3:23 compared with the previous quarter, […]
