News Release: Flagship Healthcare Trust acquires MOB in Richmond, Va
NEWS PROVIDED BY Flagship Healthcare Properties, LLC Apr 28, 2022, 13:56 ET Property located near HCA Henrico Doctor’s Hospital CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has acquired the Blair Building, a Class A, fully leased medical office building (MOB) in fast-growing Richmond, VA. […]
News Release: Montecito Medical Acquires Medical Office Property in Hazelton, PA
Facility tenanted by market-dominant Lehigh Valley Health System FOR IMMEDIATE RELEASE April 28, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Lehigh Valley Health – Health and Wellness Center in Hazelton, Pennsylvania. The 73,255 square-foot, multi-tenant building is 100% leased to Lehigh Valley Health System. […]
Feature Story: MOB sales are off to a hot start: $3.8 billion in Q1 2022
It will likely be the biggest quarter ever by the time all the data is in, Revista says By John B. Mugford The year 2021 got off to what could certainly be described as a lackluster start in terms of medical office building (MOB) sales. In fact, the first quarter (Q1) of 2021 saw an […]
News Release: Newmark Facilitates Sale of High Volume Surgery Partners Outpatient Surgery Center in Wichita, Kansas
FOR IMMEDIATE RELEASE Wichita, KS (April 27, 2022) — Newmark announces it has completed the $15.3 million sale of Cypress Surgery Center, a 33,620-square-foot outpatient surgery center located within the Cypress Medical Park in Wichita, Kansas. Newmark Executive Managing Director Ben Appel, in cooperation with Vice Chairman Bert Sanders, represented both the seller, DeSanto Realty […]
News Release: Montecito Medical Acquires Medical Office Property in Hazelton, PA; Newmark Acts as Advisor to the Transaction
Facility tenant is market leader Lehigh Valley Health Network FOR IMMEDIATE RELEASE April 25, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Lehigh Valley Health Network’s Health and Wellness Center in Hazelton, Pennsylvania. The 73,255-square-foot, multi-tenant building is 100% leased to Lehigh […]
News Release: Newmark Arranges $127 Million Sale of Downtown Seattle Block with Life Science Redevelopment Potential
April 27th, 2022 9:00am Newmark announces it has completed the $126.75 million sale of the Loyal Inn Block, a 1.6-acre redevelopment site located at 2300 Seventh Avenue North and 2301 Eighth Avenue in Seattle, Washington. The property traded in an off-market transaction which had multiple bidders from Clise Properties, Inc., a family-owned and -operated Seattle […]
News Release: SRS’ National Net Lease Group Completes $50.3 Million Leasehold Sale of a Single-Tenant Headquarters Property Occupied by Clinical Labs of Hawaii (Sonic Healthcare) in Honolulu, HI
The asset was sold via zero cash flow financing, offering the buyer tax advantages Newport Beach, CA (April 26, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $50.3 million leasehold ownership sale of a single-tenant office/lab property fully occupied by Clinical Labs of Hawaii (CLH), the […]
News Release: Vitalis Acquires Henry Ford Health MOB for $15 million
The transaction closed on April 22nd, 2022. Vitalis and Advenir, acquired a 37,562 SF medical office building in West Bloomfield, MI, 100% occupied by Henry Ford Health on a NNN lease. The building sold for $15,050,000 on April 22nd. Henry Ford Medical Center is strategically located on a heavily trafficked corner 1.5 miles from the […]
News Release: MedCraft Investment Partners Acquires 37,643 SF MOB in Michigan
Multispecialty building located next to destination health campus Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the three-story, 37,643 square foot MOB located at 11885 E. 12 Mile Road in Warren, Michigan. The newly renovated building sits on 2.78 acres and is […]
News Release: MedCraft Investment Partners Acquires 31,152 SF MOB in Columbia, MO
Continuing to add specialist-focused medical office buildings to their portfolio Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the two story, 31,152 SF MOB in Columbia, Missouri. The building at 105 N. Keene Street sits on 4 acres and is located in […]
News Release: Healthcare M&A Market Remains Strong in Q1:22 Despite Slowdown, According to Acquisition Data from Irving Levin Associates
Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according to new acquisition data from Irving Levin Associates NEW CANAAN, CONN. (PRWEB) APRIL 20, 2022 Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according […]
Transactions: Canadian REIT closes on $601.9M U.S. portfolio acquisition
Deal included 27 assets totaling 1.2M s.f.; Harrison Street was the seller, JLL the broker By Murray W. Wolf Toronto-based NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) confirmed yesterday (April 19) that it has closed on its previously announced $601.9 million (U.S.) / $764.3 million (Canadian) acquisition of 27 healthcare properties totaling about […]
News Release: Meridian Sells Historic 53,000 SF Medical Office Building in Phoenix for $17.9 Million
FOR IMMEDIATE RELEASE: PHOENIX, Ariz. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has closed escrow on the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000-square-foot medical office building in Phoenix, Arizona, Meridian has sold the building to a private […]
News Release: Harrison Street Sells $600 Million Portfolio Of Medical Office Properties
Highly Complex Transaction Comprises 27 Assets Held in Multiple Funds and More Than 1.2 Million Rentable Square Feet Across 10 States CHICAGO — April 19, 2022 — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the sale of 27 medical office building assets valued at approximately […]
News Release: Clarion Partners Real Estate Income Fund Inc. (CPREIF) Enters San Diego Life Sciences Market with New Acquisition in Carlsbad, CA
Investors see booming demand for life sciences R&D and laboratory facilities April 19, 2022 09:00 AM Eastern Daylight Time SAN MATEO, Calif.–(BUSINESS WIRE)–Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically expanded its property portfolio with the acquisition of Fusion Life Science HQ*, a 121,541 square foot hybrid creative office and research and development […]
