News Release: Elliott Bay Acquires MOB in Jackson, Michigan
SEATTLE — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and Pantheon has announced the acquisition of a medical office building in Jackson, MI leased to a leading health system providing specialty services. Elliott Bay and Pantheon established a joint venture to acquire healthcare properties across the U.S in February 2023. The property […]
News Release: Just Closed! Single-Tenant Investment Grade MOB in LA County
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT Providence BUILT-TO-SUIT MEDICAL OFFICE BUILDING FACEY MEDICAL GROUP – CANYON COUNTRY SANTA CLARITA, CA | APRIL 2023 Newmark Healthcare Capital Markets Group announces the sale of 14550 Soledad Canyon Road in Santa Clarita, CA. The 37,165 square-foot, built-to-suit medical office building is 100% leased to Providence Health System and […]
News Release: Vanbarton Healthcare Group and Tramview Complete Second Florida Healthcare Investment
FOR IMMEDIATE RELEASE NEW YORK, New York (April 17, 2023) – The healthcare division of Vanbarton Group recently completed its second Florida investment with a pair of medical office buildings totaling 33,500 square feet located in St. Augustine, Florida. The property, commonly known as the Medical Office Building of St. Augustine, is leased to five […]
News Release: Anchor Health Properties Builds Upon Existing Florida Portfolio with a 35,000 Square Foot MOB Off-Market Transaction in Sebastian
FOR IMMEDIATE RELEASE April 17, 2023 (Sebastian, FL) Continuing to expand the company’s owned and managed portfolio across Florida, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a stabilized, two story, 34,681 square foot Class A medical office building […]
News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio and to build on the relationship […]
News Release: Echo Real Estate Capital, Inc. Acquires Medical Office Building in Morton Grove, Illinois
FOR IMMEDIATE RELEASE Chicago, IL (April 2023) – Echo Real Estate Capital, Inc. announces it has acquired a single-tenant medical office building leased to Advocate Health Care (www.advocatehealth.com). The property is 7,550 square feet and is located at 6131 W. Dempster Street in Morton Grove, IL – a suburb of Chicago approximately 15 miles northwest […]
News Release: Just Closed – 3rd Street Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office in Downtown LA CBRE Transaction Highlights Date Closed: 3/31/2023 Size: 147,078 SF Occupancy: 100% 3rd Street Medical Center | Los Angeles, CA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of 3rd Street Medical Center (the “Property”), […]
News Release: Fennelly Associates Negotiates $11 Million Medical Office Portfolio Sale
April 12, 2023 Completed transactions mark the conclusion of 33-year relationship between the firm and Neuman family Hamilton, N.J. (April 12, 2023) – Fennelly Associates announces the $8M sale of 3575 Quakerbridge Road, a 59,000-square-foot medical office building in Hamilton, N.J. and the $3.1M sale of 72,500 square feet of medical office condos at White […]
News release: Newly renovated 411 N. Washington (Dallas) experiences surge in new healthcare tenants
Transwestern Provides Leasing Services for Former Landry Tower (APRIL. 12, 2023 – DALLAS) – Transwestern Real Estate Services (TRS) announces the recently renovated and rebranded 411 N. Washington Ave., formerly known as Landry Tower, leased more than 50,000 square feet in recent months, with four new tenants committing to the building. Notable leases and expansions […]
News Release: Flagship Healthcare Properties acquires MOB and ASC in Jackson, Tennessee
Property is anchored by the area’s leading gastroenterology clinic CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), a Charlotte-based outpatient healthcare real estate firm, has acquired a Class A, 100% leased medical office building (MOB) and ambulatory surgery center (ASC) in Jackson, Tennessee. The 14,445-square-foot building is located at 9 Physicians Drive and is anchored by […]
News Release: H2C Advises Summit Development on monetization of Westchester medical office building
NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as advisor to Summit Development LLC (“Ownership”) on the monetization of The Medical Offices at Chappaqua Crossing (the “Property”). In a transaction led by H2C Executive Director Matthew Tarpley, the Property sold for $40.0 Million. The ±490,000-square foot Property, which originally served […]
News Release: Office Properties Income Trust and Diversified Healthcare Trust Announce Agreement to Merge in All-Share Transaction
Creates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Gains Access to an Attractive Portfolio of Medical Office and Life Science Properties and Provides Access to National, Private Pay Senior Living Communities Benefitting from Strategic Turnaround Expected to be Accretive to OPI Normalized Funds from Operations (NFFO) and Cash […]
News Release: Diversified Healthcare Trust and Office Properties Income Trust Announce Agreement to Merge in All-Share Transaction
Creates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Ensures Immediate Debt Covenant Compliance, Enhances Access to Capital and Financial Flexibility to Execute the SHOP Recovery and Capital Plan, and Enables the Refinancing of 2024 Debt Maturities DHC Shareholders to Receive 0.147 Shares of OPI Common Stock for Each […]
News Release: Fairfield Advisors announces sale of Elkhart Clinic Medical Office Building Portfolio
– $40,000,000 Transaction (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Elkhart Clinic Medical Office Building portfolio. The portfolio of 6 buildings, totals 124,000 square feet, and is located in 3 separate cities in Northern Indiana. The anchor tenant is the Elkhart […]
News Release: Montecito Medical Acquires Medical Office Building in Columbia, SC
April 10, 2023 01:43 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a large medical office property in Columbia, South Carolina. The 119,945 square-foot building is home to South Carolina Oncology Associates, the dominant provider in the Columbia area. “We are very […]
