News Release: Montecito acquires Wisconsin portfolio
Montecito acquires medical office portfolio in Milwaukee area Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in the Milwaukee suburb of Germantown, Wisconsin. The two adjacent properties, which encompass a total of 92,573 square feet, are 100% occupied by Advocate Aurora Health. “We are excited to acquire these two […]
News Release: Maple Grove Executive Plaza sells in Minneapolis-St Paul Metro
Transwestern Brokers $8M Sale of the Medical Office Building (MAR. 19, 2024 – MINNEAPOLIS) – Transwestern Real Estate Services (TRS) announces the sale of Maple Grove Executive Plaza to an entity linked to MSP Commercial, a real estate firm focused on developing, acquiring and managing healthcare properties in the Twin Cities. The asset, located at […]
News Release: Avison Young closes $9M sale of 25,482-SF office building in Weston, Florida
For Immediate Release Tuesday, March 12, 2024 Sale closes at peak pricing of $353-per-square-foot despite challenging office market conditions Weston, Fla. – Avison Young’s Florida Capital Markets Group completed the $9 million sale of a three-story, ±25,482-square-foot, multi-tenant office building at 1040 Weston Road in Weston, Florida. The $353-per-square-foot transaction far surpassed the current $225-per-square-foot […]
News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota
March 12th 2024 Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in Minnesota that are home to a leading provider of women’s health services in the Twin Cities area. The two buildings, which encompass a total of 13,100 square feet, are located in the suburban communities of Maplewood and […]
News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island
JLL Capital Markets advised on the purchase of 227 Centerville Rd. in Warwick, RI, the fifth acquisition in Sendero Capital and TPG Angelo Gordon’s programmatic joint venture. BOSTON, Mar. 11, 2024 – JLL Capital Markets announced today that it advised Sendero Capital and TPG Angelo Gordon on the acquisition of 227 Centerville Rd., a 30,000-square-foot […]
News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO
STAMFORD, CT March 11, 2024 – Webster Bank is pleased to announce that it has provided a five-year, permanent loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion which is a 100% leased, class-A, state-of-the-art medical office building located in Macomb County, Michigan. “KIRCO is an award-winning commercial real […]
News Release: Simone Development Announces SightMD, a Fast Growing Eye Care Provider, Leasing 9,409 SF of Medical Space at One Executive Boulevard, Yonkers
First Medical Lease Since Recently Acquiring the Building YONKERS, NY (March 2024) – In its first medical lease since recently acquiring the property, Simone Development Companies has announced that SightMD, a rapidly-growing integrated ophthalmic provider group, has leased 9,409 square feet at One Executive Boulevard in Yonkers. The property has a remaining 48,525 square feet […]
News Release: Just Financed – 4900 Barranca Parkway (Irvine, Calif.)
Capital Markets | Healthcare & Life Sciences Just Financed 100% Leased to Hoag Memorial Hospital Presbyterian (Fitch ‘AA’) CBRE Transaction Highlights Date Closed: 2/29/2024 Size: 16,074 RSF Occupancy: 100% 4900 Barranca Parkway | Irvine, CA CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of 4900 Barranca Parkway (the “Property”), a single-tenant, net-leased […]
News Release: Cushman & Wakefield Advises Sale of New Las Vegas Healthcare Building acquired by Clark County for $10.4 Million
For Immediate Release Turn-key Class A facility located south of Nellis Air Force Base LAS VEGAS, Nev. – March 5, 2024 – Cushman & Wakefield announced the firm has advised the sale of a recently constructed 17,066-square-foot, 24-bed psychiatric hospital building located in Las Vegas, Nevada. The building was completed in 2021 but has never […]
News Release: Montecito acquires Illinois medical building
Montecito acquires Peoria medical property Montecito acquires Illinois medical building occupied by Springfield Clinic Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,000-square-foot medical building in Peoria, Illinois. The building is 100% occupied under a long-term lease by Springfield Clinic, a leading health provider in north central Illinois. “We are […]
News Release: Simone Development Signs UrgentWay to Long-Term Lease for Urgent Care Center at 2826 Westchester Ave. in Pelham Bay Section of the Bronx
BRONX, NY – February 22, 2024 – Simone Development Companies has announced UrgentWay, a leading provider of walk-in medical services with locations throughout New York City and Long Island, has signed a long-term, 2,000-square-foot lease for an urgent care center at 2826 Westchester Avenue in the Pelham Bay section of the Bronx. The property is […]
News Release: Simone Development Companies Signs Expansion and Welcomes New Medical Tenant to Flushing, NY Property
FLUSHING, NY (February 21, 2024) – Simone Development Companies has signed a new lease and an expansion for a combined total of nearly 16,000 square feet of prime medical space at 35-30 Francis Lewis Blvd in the Flushing section of Queens, NY. The two-story, 37,421 square-foot retail and medical center now has only three remaining […]
News Release: Just Closed – Baylor Irving MOB III
Capital Markets | Healthcare & Life Sciences Just Closed Medical Outpatient Building in Dallas-Fort Worth MSA On-Campus of the Baylor Scott & White Medical Center – Irving CBRE Transaction Highlights Date Closed: February 8, 2024 Size: 54,941 SF Occupancy: 68% Baylor Irving MOB III | 2005 West Park Drive | Irving, Texas CBRE U.S. Healthcare […]
News Release: Phoenix medical building portfolio sells for $32 million
JLL Capital Markets facilitates the sale and $25 million acquisition financing of the portfolio PHOENIX, Feb. 13, 2024 – JLL Capital Markets announced today that it arranged the $32 million sale and the $25 million financing of a strategically located outpatient medical building portfolio totaling 80,315 square feet. The portfolio consists of three Banner Health […]
News Release: Just Closed – University Hospitals Wellness Campus (Mentor, Ohio)
Capital Markets | Healthcare & Life Sciences Just Closed Purpose Built Medical Outpatient Facility Serving as Medical Hub for University Hospitals CBRE Transaction Highlights Date Closed: February 5, 2024 Size: 85,977 SF Occupancy: 100% University Hospitals Wellness Campus | 8655 Market St., Mentor, OH CBRE U.S. Healthcare Capital Markets is pleased to announce the closing […]
