News Release: LTC Completes Brookdale Portfolio Transaction
— Three New Master Leases; Net Proceeds of $23 Million; Anticipated Net Gain of $17 Million Related to Property Sales; Full Rent Replaced — January 08, 2024 05:00 PM Eastern Standard Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and […]
News Release: BGL Announces the Real Estate Sale of the Asheboro Dermatology & Skin Surgery Center
January 8, 2024 Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of the Dermatology & Skin Surgery Center of North Carolina, totaling approximately 6,746 rentable square feet in Asheboro, North Carolina, to TM Medical Properties, LLC. BGL’s Healthcare Real Estate Investment team served as consultants to the seller in […]
News Release: Simone Development Announces Acquisition Office Building in the Heart of the North Yonkers Medical Mile
133,768-Square-Foot, Four-Story Property to be Repurposed Into State-of-the-Art Medical Space YONKERS, NY (January 4, 2024) — In a major medical redevelopment that will enhance the “Medical Mile” in North Yonkers, Simone Development Companies has acquired One Executive Boulevard, a 133,768-square-foot, 4-story office building located within 1/4 mile of 879,426 square feet of existing medical office […]
News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley
Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 – ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]
News Release: Jackson Health Village trades for $24M
JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 – JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]
News Release: Newmark Secures $62 Million Sale of ODCE Core Fund’s Medical Outpatient Building Portfolio
FOR IMMEDIATE RELEASE Trading the Seattle, Washington and Charlotte, North Carolina-located assets to an institutional joint venture. New York, NY (January 2, 2024) — Newmark announces it has completed the $62 million sale of Novant & MultiCare On-Campus Collection, a portfolio of three medical outpatient buildings located in Charlotte, North Carolina and Seattle, Washington. Comprising […]
News Release: Colliers facilitates the sale of a multi-tenant medical office building in West Palm Beach for $8.25M
Colliers represented the buyer and seller in the sale of the 44,870-square-foot property. WEST PALM BEACH, FL, December 31, 2023 – Colliers is pleased to announce the sale of West Palm Medical Plaza for $8.25 million. The property is located at 4700 N Congress Avenue on a 5.11-acre parcel along a major north-south thoroughfare in […]
News Release: Big Sky Medical Secures Unanimous Approval from Dallas City Council for Rezoning of Pyramids South Tower to Accommodate Medical Tenancy
FOR IMMEDIATE RELEASE Dallas, TX – December 13, 2023. In a significant milestone for healthcare real estate, Big Sky is thrilled to announce the unanimous approval from the Dallas City Council for the rezoning of Pyramids South Tower, marking a pivotal move to include medical tenancy within this iconic structure. The original building was intended […]
News Release: JUST CLOSED: Professional Building I | Dallas, TX | 44,045 SF
JLL Investment Advisory JLL Medical Properties Group Capital Markets Just Closed: Professional Building I | Dallas, Texas JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Professional Building I, a four story, 44,045 square foot outpatient medical office building located on the campus of the 218-bed White Rock Medical Center in […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Dallas, Texas
FOR IMMEDIATE RELEASE December 18, 2023 Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the acquisition of a medical office building located at 1151 North Buckner, Dallas, Texas. The Professional Building I is an on-campus four story, 44,045 square foot […]
News Release: Fennelly Associates Negotiates Three Mercer County Medical Office Leases
For Immediate Release Robbinsville, N.J., West Windsor, N.J. and Hamilton, N.J. (December 18, 2023) – Fennelly Associates, one of New Jersey and Pennsylvania’s most experienced and successful independent full-service commercial real estate service providers, announces it has negotiated a 6,770-square-foot lease with Penn Medicine Becker ENT and Allergy at Washington Town Center in Robbinsville, N.J., […]
News Release: Sale Announcement: Award-Winning Specialty Surgical Hospital & MOB Portfolio | Shreveport, LA
SALE ANNOUNCEMENT HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of Specialists Hospital Shreveport (“Hospital”), a physician-owned surgical hospital, and four (4) affiliated medical office buildings, totaling approximately 192,640 square feet (“Portfolio”). Located in Shreveport, LA, the state-of-the-art specialty hospital is owned and operated by twenty-one (21) orthopedic, neuro […]
News Release: SRS Real Estate Partners Announces the $8.5 Million Acquisition of a Medical Property Occupied by OrthoVirginia in Ashburn, VA
McLean, VA (December 12, 2023) – SRS Real Estate Partners announced today it has completed the $8.5 million acquisition of a single-tenant, 12,580-square-foot medical office building located at 20041 Riverside Commons Plaza in Ashburn, VA. Built in 2022, the property is fully occupied by OrthoVirginia, Virginia’s largest provider of orthopedic medicine and therapy. SRS Capital […]
News Release: $9,750,000 Medical Office Building Sale
Fairfield Advisors announces sale of 2 Medical Office Building Portfolio in Illinois (OSF Health) $9,750,000 Transaction (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of two Medical Office Buildings in Illinois. The buildings total 21,500 square feet and are located in Godfrey and Dwight. […]
News Release: GI Partners Launches UDLR Healthcare to Invest in Medical Outpatient Buildings
Dec 06, 2023Real Estate Partnership with Former Healthcare Trust of America Executives Scottsdale, Arizona, December 6, 2023 – GI Partners, a leading private alternatives investment firm, today announced the establishment of a new venture focused on investments in medical outpatient buildings (MOBs). The platform, UDLR Healthcare, is a partnership between GI Partners and a team […]