News Release: Phoenix-area medical office building trades for $29 million sale
JLL Capital Markets led the sales efforts for the mission-critical Banner Health Center in Peoria, Arizona PHOENIX, Mar. 22, 2023 – JLL Capital Markets announced today that it closed the $29 million sale of Banner Health Center – Peoria, a fully leased, 68,000-square-foot medical building in Peoria, Arizona. JLL represented the seller, Banner Health, and […]
News Release: Axiom Capital Corp. Announces A Closing In Utica, N.Y.
Posted by Lisa Morales on March 15, 2023 Axiom Capital Corp. has structured and arranged a $25,356,396 construction to permanent loan for a Class A, multi-tenant medical office building located in Utica, New York. The project entails the construction of a 3-story, 76,393 rentable square foot building situated on approximately 1.46 acres and will offer […]
News Release: Quantum Real Estate Advisors, Inc. Brokers Sale-Leaseback of a Single-Tenant Medical Office Asset in Byron, MN
Chicago, IL (March 13th, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 221 2nd Ave. SW, Byron, MN. The property is occupied by Bluestem Center for Autism who signed a long-term lease upon closing. The seller of the property was looking for a capital […]
News Release: Franklin Street Arranges $11.2M Sale of Class A Medical Office Building in Winter Garden
Flagship Healthcare Properties acquired the 100% occupied multi-tenant property ORLANDO, FL (March 10, 2023) – Franklin Street has arranged the sale of a newly built, 23,241-square-foot Class A medical office building in the Orlando suburb of Winter Garden for $11.2 million, or $481.90 per square foot. Franklin Street Director Matthew Weinberger, who specializes in healthcare […]
News Release: Partners Real Estate brokers sale of 10,243-sq.-ft. office building in Phoenix, Arizona
Phoenix, AZ, March 9, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 10,243-sq.-ft. Medical office building located at 8410 W Thomas Road – Bldg 3 in Phoenix, Arizona. Partners’ Ryan McCullough and Tyler Jaynes represented the Seller in the transaction. For […]
News Release: MCLAREN ST. LUKE’S TO WIND DOWN OPERATIONS THIS SPRING
Hospital will discontinue operations and transition ownership of facilities, land and physical assets to Mercy Health MAUMEE, Ohio (March 3, 2023) – Following years of declining revenues and an unstable reimbursement environment, the McLaren St. Luke’s Board of Directors has made the difficult, but unanimous, decision to close the hospital and related outpatient services. The […]
News Release: LTC Generates $20.8 Million in Proceeds From Sale of Two Skilled Nursing Centers
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has sold two skilled nursing centers in New Mexico. The two centers, totaling 235 beds, were sold for $21.3 million, generating proceeds of $20.8 million. The proceeds will […]
News Release: CREG Announces Sale of Four-Building MOB Portfolio in Salem, Ore.
RECENT CLOSING CLOSING DATE – MARCH 2023 TYPE – 4-BUILDING ORTHOPEDICS PORTFOLIO LOCATION – SALEM, OREGON PRICE – $20,000,000 TOTAL SF – 54,606 SF $/SF – $366/SF Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a four-building medical office portfolio located in Salem, Oregon and totaling […]
News Release: DigitalBridge Closes Sale of Wellness Infrastructure Business
February 28, 2022 05:44 PM Eastern Standard Time BOCA RATON, Fla.–(BUSINESS WIRE)–DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) today announced it has completed the previously announced sale of its Wellness Infrastructure business (the “Wellness Sale”) to an investment group comprised of two leading real estate investment firms, Highgate and Aurora Health Network. The […]
News Release: Newmark Facilitates $72.7 Million Sale of Medical Office Building Portfolio
FOR IMMEDIATE RELEASE The five assets total 179,000 square feet and span four states New York, NY (February 28, 2023) — Newmark announces the $72.7 million sale of a fivebuilding, Class A medical office building portfolio. The 179,000-square-foot portfolio comprising outpatient medical office buildings and surgery centers spans four states—Pennsylvania, Connecticut, Georgia and Texas. Newmark […]
News Release: Newmark Awarded Leasing Assignment for Park 10 Commons, Mixed-Use Medical Office and Retail Development in Houston, Texas
Newmark announces it has been awarded the leasing assignment for Park 10 Commons, a mixed-use, multi-tenant medical office building and retail project in Houston, Texas, totaling over 260,000 square feet. Newmark Director Richard Barbles and Associate Director Noelle Hsieh-Schinas are exclusively representing the landlord and owner, 4M Investments, LLC, in the project leasing. Park 10 […]
News Release: Just Closed – Union Park (Atlanta)
Capital Markets | Healthcare & Life Sciences Just Closed Medical Conversion Opportunity Near Major Medical Hub Transaction Highlights Date Closed 2/17/2023 Size 178,739 SF Occupancy 65% Union Park | Atlanta, GA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Union Park (the ‘Property’) in Atlanta, Georgia. Lee Asher, […]
News Release: Pantheon Expands Real Estate Strategy With Investment in Healthcare Platform; Adds Senior Hire to Real Estate Team
Healthcare real estate platform created alongside Elliott Bay, a leading investor and manager of mission-critical healthcare facilities across the US Exclusive partnership will assemble a diversified portfolio of outpatient healthcare assets leased to leading specialty providers, hospitals, and health systems nationwide Marks the third real estate platform established by Pantheon since inception of its real […]
News Release: Newmark announces the successful closing of a $50.4 million financing secured for a national medical office building portfolio
Newmark acted as exclusive advisor to the portfolio owner and borrower, Montecito Medical Real Estate Newmark Senior Managing Director John Nero, Executive Managing Director Ben Appel and Senior Managing Directors Jay Miele and Michael Greeley of Newmark’s Healthcare Capital Markets group led the transaction. Associate Ron Ott provided transactional support. The portfolio consisted of seven […]
News Release: RX Health & Science Trust Enters Atlanta Market thru Acquisition of Union Park
FOR IMMEDIATE RELEASE Chicago, IL (February 20, 2023) – RX Health and Science Trust (“RXHST”), an internally managed, real estate investment trust (REIT) focused on the acquisition and development of medical office facilities across the U.S., announced today the acquisition of Union Park in the Atlanta, GA MSA. The property consists of over 178,000 square […]
