News Release: Wentworth Selects Partner for Transformative P3 Project on Sweeney Field
Huntington Development Group to develop mixed-use project featuring innovative life science center and dynamic open space on Boston’s Huntington Avenue May 16, 2022 12:00 PM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Wentworth Institute of Technology today announced it has selected Huntington Development Group (HDG) to develop a mixed-use life sciences project at 500 Huntington Avenue. Huntington Development […]
News Release: Just Closed / Financed :: UCHealth Orchards Medical Center (Loveland, Colo.)
Capital Markets | Healthcare & Life Sciences Just Closed 100% Leased Medical Office Building Anchored by UCHealth Transaction Highlights Date Closed 05/10/2022 Size 41,850 SF Occupancy 100% UCHealth Orchards Medical Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of UCHealth Orchards Medical Center (the “Property”). Lee Asher, Jordan […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in San Antonio, Texas
FOR IMMEDIATE RELEASE May 16, 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 medical office building located at 7500 Barlite Boulevard in San Antonio. Built in 2005, the 60,000 square-foot MOB is located on-campus to […]
News Release: Wellstar Purchases 7.12 Acres in Cobb County, GA Adjacent to Wellstar Vinings Health Park
ATLANTA, May 12, 2022 – Wellstar Health System has purchased 7.12 acres in Cobb County, GA, for $5.4 million in a transaction brokered by the Ackerman/Pioneer Land Advisory Group. The property is located on Winchester Parkway adjacent to Wellstar Vinings Health Park at 4441 Atlanta Road SE. The Ackerman/Pioneer Land Advisory Group’s John Speros, JT […]
News Release: Hudson Regional Hospitals acquires Hell’s Kitchen commercial building
JLL Capital Markets arranges $15 million sale of three-story property on behalf of longtime family owners NEW YORK, May 11, 2022 – JLL Capital Markets team has arranged the $15 million sale 456 West 55th St., a three-story commercial building located in the Hell’s Kitchen neighborhood of New York City. JLL marketed the property on […]
News Release: Davis sells Ohio medical building to Physicians Realty Trust for $28 million
News Release The Minneapolis-based firm acquired the New Albany Medical Building II in upscale New Albany near Columbus in 2019 and extensively renovated and leased it up NEW ALBANY (COLUMBUS), Ohio, and MINNEAPOLIS, May 11, 2022 – Minneapolis-based Davis announced today that it has sold the 59,233-square-foot, New Albany Medical Building II on the Mount […]
News Release: Hilco Redevelopment Partners Announces Integra To Occupy New Braintree Facility
NEWS PROVIDED BY Hilco Redevelopment Partners May 11, 2022, 08:00 ET BRAINTREE, Mass., May 11, 2022 /PRNewswire/ — Hilco Redevelopment Partners (HRP) announced that Integra LifeSciences,NASDAQ: IART (https://www.integralife.com/home), a leading global medical technology company, will occupy approximately 100,000 square feet of HRP’s newly redeveloped state-of-the-art life science space at 400 Wood Road in Braintree, MA. […]
Feature Story: A delicious MOB deal came together over breakfast
BOMA MOB conference panel provides a glimpse at how their biggest transactions were done By John B. Mugford There are many ways to cook up a healthcare real estate (HRE) deal. Some follow the usual recipe, as when a brokerage firm hired by the seller puts a medical office building (MOB), or a portfolio of […]
News Release: Recently Sold – Crossbridge Behavioral Health (Montgomery, Ala.)
Newmark Global Healthcare Services RECENTLY SOLD Crossbridge Behavioral Health Inpatient/Outpatient Psychiatric Care Center Montgomery, AL Total SF: 41,326 SF Sales Price: $13.4M Sale Date: April 2022 Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bryan.walsh@nmrk.com Todd Perman, CCIM Vice Chairman Global Healthcare Services 404.806.2510 todd.perman@nmrk.com Local AL License John Cobb
News Release: Greene Park Capital Collaborates With Canadian Healthcare REIT on $602 Million Real Estate Transaction
May 10, 2022 07:00 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Greene Park Capital, a healthcare real estate investment firm, announced the close of a $602 million transaction in collaboration with its capital partner, a Canadian healthcare real estate investment trust, marking the REIT’s entry into the U.S. The portfolio includes 27 specialized healthcare real estate assets […]
News Release: Industrial building in San Diego receives $27.4M in financing
JLL Capital Markets led financing efforts for the acquisition and reposition of the soon-to-be life science building in the North County submarket SAN DIEGO, May 9, 2022 – JLL Capital Markets announced today that it has arranged $27.4 million in financing for the acquisition and repositioning of 2065 Thibodo Rd., a 76,872-square-foot industrial building in […]
News Release: $215M refinancing arranged for mixed-use portfolio in Pennsylvania and Maryland
JLL Capital Markets secured financing for the 30-property retail, medical office and office portfolio on behalf of Paramount Realty NEW YORK, N.Y., May 4, 2022 – JLL Capital Markets announced today that it has arranged $215 million for the refinancing of a 30-property portfolio totaling 1.67 million square feet of retail and medical and traditional […]
Cover Story: Partnerships: Powering healthcare real estate to the next level
By Murray W. Wolf Partnerships are nothing new in commercial real estate. In fact, a partnership is probably the most common ownership model for most types of commercial property, including healthcare real estate (HRE). But what’s different about partnerships in today’s HRE space is their rapidly expanding size and scope, as well as who’s doing […]
News Release: Recent MOB Closing | CREG U.S. Healthcare Investment Sales (The Surgery Center of Fairbanks)
RECENT CLOSING The Surgery Center of Fairbanks Closing Date – March 2022 Type – ASC anchored MOB Location – Alaska Price -$22,300,000 $/SF – $555/SF Jonathan Kesler Senior Director U.S. Healthcare Investment Sales 706-836-1352 Andrew Larwood Managing Partner & Principal U.S. Healthcare Investment Sales 404-400-5410 Allen Inman Managing Partner & Principal U.S. Healthcare Investment Sales […]
Transactions: A pair of MOBs sells for $155M-plus in Southern California
Harrison Street acquired the portfolio; Anchor sourced it, did the due diligence, and is handling property management and leasing; and CBRE brokered the sale BEVERLY HILLS and SANTA MONICA, Calif. – Earlier this week, HREI became aware of a significant portfolio deal in Southern California that closed at a capitalization rate, or first-year estimated return, […]
