News Release: Medical Center of Tomball (Texas) sells to new investor
JLL Capital Markets assists in sale of a Class A, medical office building in Tomball, Texas DALLAS, June 21, 2023 – JLL Capital Markets announced today that it arranged the sale of Medical Center of Tomball, a newly constructed, Class A medical office building totaling 61,660 square feet in the northern Houston suburb of Tomball, […]
News Release: JLL Capital Markets arranges the sale of the Methodist Southlake Medical Office Building
DALLAS, June 21, 2023 – JLL Capital Markets announced today that it arranged the sale of the Methodist Southlake Medical Office Building, a Class A, on-campus medical office property totaling 82,238 square feet in Southlake, Texas, one of Dallas-Fort Worth’s most affluent suburbs. JLL represented the seller, Southlake Texas Medical Building I, LP, a partnership […]
News Release: Elliott Bay Acquires MOB in Cedar Falls, IA
SEATTLE — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and Pantheon has announced the acquisition of a medical office building in Cedar Falls, IA leased to a leading health system providing specialty services. The property is 14,434 square feet, 100% leased to UnityPoint Health and provides occupational health services including lab, imaging, […]
Transactions: Montecito remains bullish on MOBs
Firm recently acquired seven MOBs totaling more than 239,000 s.f. in six states By John B. Mugford A slow medical office building (MOB) sales market during the past six months or so has not slowed one of the sector’s most prolific private investors. Nashville, Tenn.-based Montecito Medical Real Estate has acquired 68 MOBs for a […]
News Release: Montecito Medical Acquires Medical Office Property in Gainesville, GA
FOR IMMEDIATE RELEASE June 19, 2023 Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 20,400 square-foot medical office property in Gainesville, GA. The building is 100% occupied and tenanted under long-term lease by three provider groups that include a nationally renowned imaging group, the region’s dominant physical […]
News Release: Montecito Medical Acquires Surgery Center Property in Upstate New York
FOR IMMEDIATE RELEASE June 20, 2023 Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a surgery center property in Halfmoon, New York. The 10,000 square-foot building is tenanted by Northway Surgery and Pain Management Center. The group’s physicians opted to retain 30% ownership in the property through Montecito’s […]
News Release: Montecito Medical Acquires Medical Office Property in California
FOR IMMEDIATE RELEASE June 19, 2023 Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 32,300-square-foot medical office property in Visalia, California. The multi-story building is 100% leased by Kaweah Health. The facility is situated on the campus of the 581-bed Kaweah Delta Medical Center, the area’s largest […]
News Release: Montecito Medical Acquires Two Medical Properties in Greater NYC Area
FOR IMMEDIATE RELEASE June 19, 2023 Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office properties in northern New Jersey. The fully leased buildings in Livingston and New Providence, New Jersey, offer more than 131,000 combined square feet of space. Summit Health is the anchor tenant […]
News Release: Montecito Medical Acquires Another Medical Office Property in Virginia
June 19th 2023 Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 20,724-square-foot medical office property in Harrisonburg, Virginia. The two-story building, which includes an outpatient surgical suite, is tenanted by Hess Orthopaedic Center and Sports Medicine. “We are thrilled to acquire this outstanding medical property and to enter into a […]
News Release: Montecito Medical Acquires Medical Office Property in Murray, KY
FOR IMMEDIATE RELEASE June 19, 2023 Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 24,900-square-foot medical office property in Murray, KY. Village Medical Primary Care is the anchor tenant for the property, which is 100% leased. “We are very pleased to add with this outstanding medical office […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of West Palm Beach Medical Office Building for $9.85 Million
June 16, 2023 10:23 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a 25,150 square foot medical office building located in West Palm Beach, Florida (the […]
News Release: The S. Hekemian Group lands financing to develop Valley Hospital Surgery Center at “the District”
JLL Capital Markets led financing efforts for the District Building 4 development in Montvale, New Jersey MORRISTOWN, N.J., June 15, 2023 – JLL Capital Markets announced today that it has arranged construction financing and mezzanine equity for the District Building 4, a three-story, mixed-use building totaling 25,000 square feet of ground-floor retail space and 58,372 […]
News Release: MedProperties Realty Advisors acquires 61,660-square-foot medical office building near Houston
FOR IMMEDIATE RELEASE The newly constructed, Class A Medical Center of Tomball is located in a suburb of fast-growing, prosperous Houston, one of the top five largest U.S. metropolitan markets TOMBALL and DALLAS, Texas, June 14, 2023 – MedProperties Realty Advisors has acquired the 61,660-square-foot, Class A Medical Center of Tomball, located within the fast-growing […]
News Release: Just Closed! Connecticut Coast Portfolio
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT 81% LEASED, VALUE-ADD MOB PORTFOLIO CONNECTICUT COAST PORTFOLIO WESTBROOK, STRATFORD & NEW LONDON | JUNE 2023 Newmark’s Healthcare Capital Markets Group announces the sale of the Connecticut Coast Portfolio, a 78,348 square foot, three-property medical office building portfolio. The portfolio is 81% occupied, nearly 90% Of which is leased […]
News Release: SRS Real Estate Partners’ National Net Lease Group Completes $10.65 Million Sale of a Newly Developed Single-Tenant Property Occupied by Optima Dermatology in Macedonia, OH
Troy, MI (June 12, 2023) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $10.65 million sale of a newly developed, 15,500-square-foot (sf) medical property fully leased to Optima Dermatology. Located at 8183 Golden Link Boulevard in Macedonia, OH, the property has a 15-year, absolute triple-net lease in […]
