News Release: Davis adds to growing MOB investment fund with $18 million purchase in Woodbury, Minn.
News Release With this most recent acquisition, the fast-growing Davis Medical Investors portfolio now includes 13 buildings totaling 567,356 s.f. with a total acquisition cost of $230 million MINNEAPOLIS and WOODBURY, Minn., Dec. 7, 2022 – Minneapolis-based Davis has acquired the two-story, 42,467 square foot Woodlake Medical Building in Woodbury, an east St. Paul suburb. […]
News Release: Medcore Partners Has Been Awarded the Exclusive Leasing Assignment for Five Assets Totaling over 550,000 SF of Healthcare Realty’s Plano and Carrollton Portfolio
NEWS PROVIDED BY MedCore Partners Dec 06, 2022, 10:00 ET DALLAS, Dec. 6, 2022 /PRNewswire/ — MedCore Partners, LLC (“MedCore”) has been awarded the exclusive leasing assignment for Healthcare Realty’s (“HRT”) Plano/Carrollton portfolio consisting of more than 550,000 square feet across five medical assets. Kyle Libby, Michael Collins, and Thomas Byers will market the properties on […]
News Release: Sold – Award-Winning Specialty Hospital & MOB – Wichita, KS
SOLD WICHITA, KANSAS AWARD-WINNING SPECIALTY HOSPITAL & ADJACENT MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning Kansas Spine & Specialty Hospital (KSSH) and the adjacent medical office building (collectively, the Portfolio). Located in Wichita, KS, Kansas Spine & Specialty Hospital is […]
News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Class A Office/Medical Building in San Diego for $8.1 Million
For Immediate Release SAN DIEGO, Calif. – November 30, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding office/medical project of 26,945 square feet in Escondido (San Diego), California. Located at 800 W Valley Pkwy, the two-story property sold for $8.1 million to an owner/occupier. The buyer was The […]
News Release: Thomas Park Investments Launches $75 Million Value-Add Fund
Partners with insurance company to lead the investment vehicle November 30, 2022 10:25 AM Eastern Standard Time ANNAPOLIS, Md.–(BUSINESS WIRE)– – Thomas Park Investments today announced it has secured commitments for a $75 million value-add fund. The Fund, known as Thomas Park Growth Fund I, has the capacity to acquire $250 million of real estate. […]
News Release: AEW Capital Management and Flagship Healthcare Trust form joint venture and acquire eight ambulatory surgery centers across the country
CHARLOTTE, N.C. — AEW Capital Management L.P. (AEW) and Flagship Healthcare Trust (Flagship REIT), a Charlotte-based healthcare real estate investment trust, are pleased to announce the formation of a joint venture and subsequent acquisition of eight ambulatory surgery centers (ASCs) across seven states in a series of successive transactions. This portfolio of ASCs includes 145,561 […]
News Release: Urban Growth Capital Announces New Indianapolis – Chicago Commercial Real Estate Investment Partnership
New Partnership Acquires Shore Terrace Medical Center on Indy’s Northwest Side November 29, 2022 09:00 ET | Source: Urban Growth Capital INDIANAPOLIS, Nov. 29, 2022 (GLOBE NEWSWIRE) — A partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies recently acquired the Shore Terrace Medical Center, a 42,627-square-foot Class A Medical Office […]
News Release: Woodside Health Announces Acquisition of Blake Park – Tampa/Sarasota Area
FOR IMMEDIATE RELEASE CLEVELAND, OH (November 18, 2022) – Woodside Health is excited to announce its acquisition of Blake Park, a six-building medical and office property located at 1802-1894 59th Street West and 5939-5959 17th Avenue West in Bradenton, FL, just south of Tampa and part of the Sarasota MSA. The buildings total 55,517 square […]
News Release: Easterly Government Properties completes acquisition of VA – Phoenix, the eighth of 10 properties in the VA Portfolio
WASHINGTON, D.C. – November 28, 2022 – Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the previously announced […]
News Release: Pipeline Health and Resilience Healthcare Reach Agreement for Sale of Two Chicago Hospitals
Pipeline Health System, LLC, has reached an agreement with Resilience Healthcare and Ramco Healthcare Holdings, LLC, to purchase Pipeline’s two Chicago hospitals, West Suburban Medical Center in Oak Park and Weiss Memorial Hospital in Chicago’s Uptown neighborhood. Pending approval of a motion submitted late Tuesday to the U.S. Bankruptcy Court for the Southern District of […]
News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Renovated Office/Medical Project in San Diego for $7.4 Million
For Immediate Release Crown Point Systems Inc. acquires Midway District asset and will occupy part of project SAN DIEGO, Calif. – November 22, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a two-building office/medical project totaling 28,630 square feet in San Diego, California. Known as Loma Starr, the pair of […]
News Release: $180,000,000 VA Raleigh
November 21, 2022 Fixed Rate Construction-to-Permanent Loan Set for 22-Year Term with VA’s Credit Tenant Lease; Marks Gantry’s Fifth Long-Term Loan Secured this Year for Real Estate Developer Specializing in Construction of New VA Facilities, with Nearly $500 million of Developments Funded in 2022 Raleigh, N.C. – Gantry, the largest independent commercial mortgage banking firm […]
News Release: Bare Dermatology Signs 11,500 SF Lease at Frisco Medical Pavilion II
Building to Officially Break Ground in Early 2023 (NOV. 21, 2022 – DALLAS) – Transwestern Real Estate Services (TRS) announces Bare Dermatology has signed an 11,500-square-foot lease at Frisco Medical Pavilion II, a planned 60,000-square-foot medical office building located at 12950 Dallas Parkway in Frisco, Texas. Bare Dermatology will occupy space on the third floor […]
News Release: Fairfield Advisors announces sale of MercyOne Health Medical Building in Des Moines, IA.
– $4,350,000 Transaction – DENVER, Nov. 9, 2022 – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the MercyOne Health Medical Office Building in Des Moines, IA. The 17,000 square foot building was built in 2009. The anchor tenant in the building is MercyOne Health which is […]
Transactions: JV of Rendina, Artemis lands a 12-MOB portfolio
Industry sources indicate the price was $112 million; Newmark represented the seller EIGHT STATES – In recent months, getting transactions done in the medical office sector, or perhaps any real estate sector for that matter, has often been quite difficult. With inflation in the high single digits and the federal funds rates rising steadily, as […]
