News Release: Just Closed: 201 Dale Earnhardt Boulevard, Kannapolis NC
October 10, 2022 Charlotte-based, Insite Properties and BentalGreenOak are pleased to announce the acquisition of the medical office building at 201 Dale Earnhardt Boulevard in downtown Kannapolis, NC. The Class A multi-tenant medical office building, totaling 60,000 SF rentable square feet, is 65% occupied by tenants including Atrium Health and Duke University. The three-story building […]
News Release: Avison Young brokers sale of 4.18-acre land parcel for medical office property development in Buckeye, AZ
Avison Young brokers sale of 4.18-acre land parcel for medical office property development in Buckeye, AZ Phoenix, AZ – Avison Young announced today the $3.975 million sale of a 4.18-acre land parcel for the development of a medical office project located at the northeast corner of Watson Road and Sundance Parkway in Buckeye, AZ. Avison […]
News Release: Ridgeline Capital Partners Acquires Medical Office Buildings in 3 States
News Release: FOR IMMEDIATE RELEASE October 7, 2022 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 portfolio of medical office buildings in Georgia, Washington, and Idaho. The portfolio includes five (5) medical office buildings totaling 72,158 […]
News Release: Anchor Health Properties Grows Presence in South Florida with 31,886 Square Foot Class A MOB Acquisition
FOR IMMEDIATE RELEASE October 07, 2022 (Delray Beach, FL) Continuing to expand the company’s footprint in South Florida, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a two story, 31,886 square foot, Class A medical office building in the […]
News Release: Matthews Completes $5.65M Sale of CA DaVita Dialysis Facility
06 October Completed in a 1031 Exchange Transaction Stockton, CA— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $5.65M sale of a DaVita Dialysis facility at 1810 South Fresno Ave, Stockton, CA. DaVita is a leading provider of kidney care in the United States with over 2,600 […]
News Release: Medical Properties Trust Announces Agreement to Sell Connecticut Hospitals
Total Expected Consideration of Approximately $457 Million October 06, 2022 08:53 AM Eastern Daylight Time BIRMINGHAM, AL–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into definitive agreements for the sale of three Connecticut hospitals to Prospect Medical Holdings (“Prospect”), the current lessee. Separately, Yale New Haven […]
News Releaswe: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires Nation’s Largest Medical Office Asset in 2022
FOR IMMEDIATE RELEASE Dallas, TX (October 4, 2022) – Big Sky Medical announces the closing of Pyramid Towers, a two-building office facility located in the heart of Dallas, Texas. Comprised of 291,328 rentable square feet, the acquisition marks the largest medical office asset to trade hands in the United States since 2018. Located due south […]
News Release: Woodside Health sells 23,328-square-foot medical office building in Novi
JLL closes sales on 97 percent occupied Novi Wellness Center DETROIT, October 3, 2022 — JLL is pleased to announce that Woodside Health sold the Novi Wellness Center, a 23,328-square-foot office building located at 39500 West Ten Mile Rd. in Novi, Michigan, to private equity firm Excelsior Capital. The property, which is 97 percent occupied, […]
News Release: EyeSouth Partners, the largest comprehensive ophthalmology platform in North America, continues its accelerating growth with a new Capital Partner, Olympus Partners
Olympus Partners replaces Shore Capital as EyeSouth primary investor ATLANTA, September 30, 2022, (BUSINESS WIRE)–EyeSouth Partners (“EyeSouth” or the “Company”), the largest comprehensive ophthalmology platform in North America, is proud to announce and welcome its new private equity firm investor, Olympus Partners. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries […]
News Release: Shore Capital Partners Announces Sale of EyeSouth Partners
CHICAGO, Sept. 30, 2022, (BUSINESS WIRE)–Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of EyeSouth Partners (“EyeSouth”), an eye care management services organization committed to partnering with leading doctors, to Olympus Partners. Shore formed EyeSouth in 2017 with the goal of […]
News Release: Phoenix medical office building acquired for $14.85M
JLL Capital Markets led financing efforts for the fully leased Simon Medical Plaza PHOENIX – September 27, 2022 – JLL Capital Markets announced today that it has sourced acquisition financing of $7.58 million for Simon Medical Plaza, a fully leased medical office building in Phoenix, Arizona. JLL worked on behalf of the borrower, a joint […]
News Release: CIT Arranges $58.9 Million Financing for Micro-Hospital Portfolio
NEW YORK, Sept. 27, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly […]
Transactions: Investor buys into Anchor’s operating platform
A ‘large international pension fund’ acquires a share of the firm; JLL helps facilitate By John B. Mugford One of the healthcare real estate (HRE) sector’s most prolific private development, management and acquisition firms has sold a share of ownership in its operating platform. In what is being described as a “win-win” transaction for the […]
News Release: StepStone Real Estate to Make a Significant Investment in Anchor Health Properties
September 26, 2022 (Charlottesville, VA & Media, PA) StepStone Real Estate (“SRE”), the real estate arm of private markets investment firm StepStone Group Inc. (NASDAQ: STEP), has made a significant strategic equity investment in Anchor Health Properties (“Anchor”), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was […]
News Release: Medical office plaza near Palm Beach, FL trades
JLL Capital Markets closed the sale of the two-building Woolbright Medical Plaza in Boynton Beach, FL MIAMI, September 26, 2022 – JLL Capital Markets announced today that it has closed the sale of Woolbright Medical Plaza, two institutional-grade medical office buildings totaling 33,154 square feet in Boynton Beach, Florida. JLL represented the seller, TopMed Realty, […]
