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 […]
News Release: Fairfield Advisors announces sale of Renewal Medical Office Building in Denver, CO.
– $13,150,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Renewal Medical Office Building in the Denver metro-area. The building totals 36,500 square feet and is located at 9777 S. Yosemite Street in Lone Tree, CO. The multi-tenant building is […]
News Release: Jacobson Properties Arranges Sale Of Western Connecticut Medical Center South
May 31, 2023 (Danbury, CT) Lisa Menin of Jacobson Properties is pleased to announce the sale of Western Connecticut Medical Center South, a 39,566 square foot Class A medical office building located at 69 Sand Pit Road, Danbury, Connecticut. Western Connecticut Medical Center South was sold by Western Connecticut Medical Center South, LLP to an […]
News Release: Just Financed. Seven-Story Medical Office and Biomedical Building in Downtown Grand Rapids, MI
Doug Meijer Medical Innovation Building 109 Michigan St. NW | Grand Rapids, MI 49503 Berkadia Medical and Life Sciences secured a non-recourse permanent loan at 65% LTV for the Doug Meijer Medical Innovation Building in downtown Grand Rapids, Michigan. The Sponsor is a JV between Harrison Street, Walsh Construction, Murphy Development, and Rockford Construction. Harrison […]
News Release: Medical Properties Trust Announces Closing of Sale of Seven Australian Hospitals
BIRMINGHAM, Ala., May 24, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has completed, as expected, the sale of seven Australian hospitals for AUD$730 million, with proceeds used to reduce its Australian term loan. MPT additionally settled the pro rata portion of its interest rate swap for a […]
News Release: MedProperties Realty Advisors acquires a 51,591-square-foot kidney care center in Utah
FOR IMMEDIATE RELEASE The Class A Wasatch Renal Center in South Salt Lake houses practices affiliated with Fresenius Medical Care, a worldwide leader in the research and treatment of kidney disease SOUTH SALT LAKE, Utah, and DALLAS, May 17, 2023 – MedProperties Realty Advisors has acquired the 51,591-square-foot, Class A Wasatch Renal Center In the […]
News Release: Cypress West Partners Acquires 30,000-Square-Foot Medical Office Building in Mesa, AZ for Major Repositioning and New Lease
For Immediate Release: Mesa, AZ (May 16, 2023) – Cypress West Partners has completed the acquisition of a 30,000- square-foot single-story medical office building located at 6309 East Baywood in Mesa, Arizona. The firm acquired the 100% vacant building from a group of local physicians who originally developed the building in 2002 and have operated […]