News Release: The Sanders Trust Completes Development of 40-Bed Rehabilitation Hospital
New 56,000-sq. ft. Facility Located in Arizona Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Dignity Health East Valley Rehabilitation Hospital – Gilbert located in Gilbert, Arizona. The Sanders Trust was selected as the owner and developer of […]
News Release: Walz Capital Acquires Medical Office Building through Physician Group Sale Leaseback in Myrtle Beach, South Carolina
FOR IMMEDIATE RELEASE MYRTLE BEACH, SC., February 13, 2023 – Chicago-based Walz Capital today announced their acquisition of a 9,546 square foot Medical Office Building in Myrtle Beach, SC. The two-story building, which is located at 1945 Glenns Bay Road, is master leased by South Strand Internists, with a 1,600 square foot sublease LabCorp. This […]
News Release: $12,050,000 Sale Announcement
15-Year STNL Medical Office Building Portfolio (4) with Leading Independent Midwest Eye Care Provider Madison Street Group is pleased to announce the investment sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: Three (3) MOBs with one (1) ambulatory surgery center (ASC), and one […]
News Release: Newmark Facilitates $72.7 Million Sale of Medical Office Building Portfolio
The five assets total 179,000 square feet and span four states New York, NY (February 8, 2023) — Newmark announces the $72.7 million sale of a five-building, 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 represented the seller […]
News Release: CVS Health to Acquire Oak Street Health
Acquisition further advances CVS Health’s care delivery strategy for consumers WOONSOCKET, R.I. and CHICAGO, Feb. 8, 2023 /PRNewswire/ — CVS Health® (NYSE: CVS) and Oak Street Health (NYSE: OSH) have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value […]
News Release: Medical Properties Trust Announces Closing of Lifepoint Health’s Acquistion of Majority Ownership Interest in Springstone
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that Lifepoint Health (“Lifepoint”) has completed its previously announced acquisition of a majority ownership interest in Springstone Health Opco, LLC (“Springstone”) from Springstone’s management group. In conjunction with Lifepoint’s acquisition, MPT sold for approximately $205 million in cash its approximately $190 […]
News Release: Lifepoint Health Acquires Majority Ownership Interest in Springstone
Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoint’s diversified healthcare delivery network, bolstering expertise, resources and facilities BRENTWOOD, Tenn.–(BUSINESS WIRE)-–Lifepoint Health announced today that it has completed the transaction to acquire a majority ownership interest in the operating company of Springstone, a national behavioral health provider. The transaction expands […]
News Release: Avison Young negotiates 45,257-sf office lease for Barton Associates in Las Vegas
Las Vegas, NV – Avison Young announced today it has negotiated a five-year, 45,257-square-foot (sf) office lease on behalf of the tenant, Barton Associates, the fourth largest locum tenens staffing company in the U.S. and its subsidiary, Barton Healthcare Staffing, a leading travel allied health and specialty nursing staffing firm. The companies will occupy the […]
News Release: MSP Commercial Purchase on Penn Ave for Relocation
NEWS RELEASE FOR IMMEDIATE RELEASE MINNEAPOLIS (Tuesday, February 28, 2023) – After receiving a Valentine’s Day approval from the City of Richfield, MSP Commercial finalized the purchase of the building at 6436 Penn Ave South last week, with plans to relocate their headquarters from Eagan. Previously zoned as wholesale warehouse, the project required a change […]
News Release: Sale Announcement: Closing of $12.05M Single Tenant Absolute NNN 15-Year SLB Portfolio (4)
Whitewater Eye Centers Real Estate Portfolio: Madison Street Group is pleased to announce the sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: § The Portfolio consists of three (3) MOBs with one (1) ambulatory surgery center (ASC), and one (1) […]
News Release: Rethink Healthcare Real Estate expands portfolio of emergency hospitals in Dallas-Fort Worth metroplex
The 36,101 square foot acquisition is Rethink/Heitman venture’s seventh investment. DALLAS-FORT WORTH, TX., and WHITE PLAINS, NY., February 1, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), has announced its recent acquisition of the real estate leased to an emergency hospital. […]
News Release: Matthews™ Closes $10M Sale of Tampa Reproductive Healthcare Facility
Sale Represents One of the Highest Price Per SF Acquisitions in Market Tampa, FL — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of The Reproductive Medicine Group, a fertility clinic located at 5249 East Fletcher Ave, Tampa, FL. The property sold for more than $600 […]
News Release: Matthews™ Healthcare Division Closes SignatureCare Emergency Center Sale
Agents Generated 10+ Offers for Houston Healthcare Facility Houston, TX — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, represented the seller in the disposition of a SignatureCare Emergency Center located at 5835 Highway 6 North, Houston, TX. The transaction was handled by Associate Josh Cordray, along with First […]
News Release: First Citizens Bank Provides $52.4 Million to Finance Portfolio of Medical Office Building Properties
NEW YORK, Jan. 31, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. The portfolio consists of an aggregate of more than 300,000 […]
News Release: Bull Realty Arranges Sale of ±8,700 Square Foot Medical Office Building in Evans, GA
ATLANTA– Bull Realty has arranged the $3,600,000 sale of a ±8,770 square foot, single tenant net leased medical office building located at 1203 Town Park Lane in Evans, Georgia. The property is fully occupied by Anne Arundel Dermatology. This Dermatology Group has over 114 locations and have assembled the finest group of medical, surgical and […]