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 […]
News Release: NAI Hallmark Brokers $10,350,000 Sale of a Medical Office Complex in St. Augustine, FL
FOR IMMEDIATE RELEASE NAI Hallmark Brokers $10,350,000 Sale of a Medical Office Complex in St. Augustine, FL JACKSONVILLE, FL., – April 10, 2023 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 190 & 200 Southpark Boulevard, St. Augustine, FL (the “Property”). Managing Partner Keith […]
News Releases: Partners Real Estate arranges sale of 40,000-sq.-ft. medical office/professional building in Stafford, Texas
Apr 6, 2023 Stafford, TX, April 6, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 40,000-sq.-ft. medical office/professional building on 3.4 acres of land located at 4915 South Main in Stafford, Texas. Partners’ Chris Caudill and Devin Hawkins represented the seller, […]
News Release: Stockdale Capital Partners Announces The Launch Of Its Open-Ended Healthcare Fund And Its Initial Acquisition, 2100 West 3rd Street Medical Center In Los Angeles
FOR IMMEDIATE RELEASE SCP Healthcare Real Estate Income Fund to focus on core-plus, healthcare real estate opportunities across the U.S. LOS ANGELES – April 04, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it completed its acquisition of 2100 West 3rd Street Medical Center in Los Angeles […]
Transactions: The year’s biggest MOB deal could be a foreclosure
Ventas plans to take ownership of an 88-asset medical portfolio, plus senior and hospital assets By Murray W. Wolf Most healthcare real estate (HRE) professionals seem to agree that, primarily due to higher interest rates, 2023 medical office building (MOB) sales volume will pale in comparison to recent years. So Friday’s announcement that an 88-asset […]
News Release: Meridian Purchases 18 Acres in Santa Fe, NM
FOR IMMEDIATE RELEASE: Construction Commences on 95,000 SF Medical Office Building WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator, and developer of healthcare and life science real estate, is pleased to announce that the firm has closed escrow on the purchase of an 18-acre parcel of vacant land in Santa Fe, New […]
News Release: Community Health Systems Completes Divestiture of Hospital Located in Oak Hill, West Virginia
April 03, 2023 08:00 AM Eastern Daylight Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Apr. 3, 2023– Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia […]
