News Release: Cushman & Wakefield Advises Sale of $37 Million Southeast Valley Medical Office Conversion
For Immediate Release Cypress Office Properties/Harbert Management Corporation Acquires 180,000-square-foot, Two-Building Office Project from Buchanan Street Partners MESA, Ariz., August 18, 2021 – Cushman & Wakefield announced the firm has represented both buyer and seller in the sale of The Arc (fka. Stapley Corporate Center), a 180,110-square-foot Class A office project located in Mesa (Phoenix), […]
Transactions: MOB sales are lagging a bit in 2021
But industry sources say pending big deals will spur a second-half rally By John B. Mugford The first half of 2021 was rather quiet in terms of medical office building (MOB) sales, according to statistics from two of the research firms that compile healthcare real estate (HRE) facility data. That slow first half could, at […]
News Release: Transwestern Arranges Two Medical Office Building Sales In Florida & Georgia
Demand for Healthcare Real Estate Remains Strong (AUG. 17, 2021 – ATLANTA) – Transwestern Real Estate Services (TRS) announces its Atlanta Investment Sales and Healthcare Advisory Services teams have brokered the dispositions of the following two medical office buildings: ■ Mount FPL, LLC purchased Mount Dora Medical Center, a 51,357-square-foot medical office building at 6909 […]
News Release: IRA Capital Acquires Multi-Specialty Surgery Center In Milwaukee
August 13, 2021 – IRA Capital (“IRA”) is pleased to announce the acquisition of a multi-specialty ambulatory surgery center (“ASC”) comprising 11,200 square feet in Wauwatosa, Wisconsin (“the Property”). The Property is 100% occupied by Wauwatosa Surgery Center, a partner of Surgical Care Affiliates (“SCA”). The Property has functioned as Wauwatosa Surgery Center’s exclusive location […]
News Release: Sale of a 13-Building, 409,955 Square Foot Medical Office Portfolio Located in Eastern Tennessee and West Virginia
HRE Capital is pleased to announce the closing of the following transaction. HRE CAPITAL HTA Sale of a 13-Building, 409,955 Square Foot Medical Office Portfolio Located in Eastern Tennessee and West Virginia THE UNDERSIGNED SERVED AS EXCLUSIVE FINANCIAL ADVISOR CAPITAL Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as the exclusive financial advisor related to the disposition of a 13-building, 409,955-square foot […]
News Release: Just Sold – Medical Office, 120 Old Laramie Trail, Lafayette, CO, Boulder County
JUST SOLD AUGUST 2021 7,968 SF MEDICAL OFFICE INVESTMENT 120 OLD LARAMIE TRAIL | LAFAYETTE, CO TRANSACTION HIGHLIGHTS DATE SOLD: August 2, 2021 SUBMARKET: Northwest Denver SQUARE FEET: 7,968 YEAR BUILT: 2008 SALE PRICE: $3,000,000 SALE PRICE PER SQ. FT.: $376.51 For more information, please contact: MONICA WILEY Senior Associate +1 303 583 2013 monica.wiley@cbre.com JEFF WOOD […]
News Release: V.A. Centers Sold in $15.9M Portfolio Deal
12 August 2021 Matthews™ Closes $15.9M V.A. Center Portfolio After Competitive Bid for Listing Matthews™ Agents Leverage Company’s Platforms to Achieve 96 Percent of Listing Price Cleveland, OH – Matthews Real Estate Investment Services™, commercial real estate investment services and technology firm, sold a three-property Veteran Affairs Center portfolio. Two of the properties are in […]
News Release: Remedy Medical Properties acquires fully leased Andover Medical Center in the Boston MSA
FOR IMMEDIATE RELEASE The premier three-structure, 69,992-square-foot medical office complex is master-leased to Lawrence General Hospital with subtenants Mass General Brigham/Pentucket Medical, others ANDOVER, Mass., and CHICAGO, Aug. 11, 2021 – Remedy Medical Properties, the nation’s largest private owner of healthcare real estate, announced today the acquisition of the three-structure, 69,992-square-foot Andover Medical Center. The […]
News Release: Stage Equity Partners continues to grow its medical portfolio with the acquisition of an MOB outside Toledo, Ohio
The leading Chicago-based private real estate investment firm has acquired the 100 percent health system-leased, 15,100-square-foot McLaren St. Luke’s Medical Office Building in the growing suburb of Perrysburg PERRYSBURG, Ohio, and CHICAGO, Aug. 11, 2021 – Stage Equity Partners LLC has acquired the 15,100-square-foot, fully leased McLaren St. Luke’s Medical Office Building (MOB) in Perrysburg, […]
News Release: Newmark Arranges Recapitalization of Six-Building Medical Office Portfolio and Strategic Programmatic Joint Venture to Develop Healthcare Facilities
FOR IMMEDIATE RELEASE Newmark’s Healthcare Capital Markets Group advised Aspect Health and procured institutional equity partner Boston, MA (Aug. 10, 2021) — Newmark announces that it has arranged the recapitalization of a medical office portfolio comprising six assets developed and operated by Aspect Health–as well as its development pipeline–and arranged a strategic joint venture for […]
News Release: CREG announces the sale of the Premier Surgery Center in Brunswick, GA
The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Southern Orthopaedics & Sports Medicine Clinic and the Premier Surgery Center, located in Brunswick, GA. CREG acted as the Seller’s exclusive advisors in the sale of the 2-Building Portfolio. The 100% leased Portfolio consists of a 16,300 SF Clinic […]
Transactions: Biggest deal of 2021 so far
Nuveen-NexCore acquire MOB and life science portfolio for $620.4M; price for the 27 MOBs was $463M By John B. Mugford After a rather lackluster first half of 2021 for medical office building (MOB) sales, the year’s largest deal to date is grabbing plenty of headlines. And rightly so, as a partnership of Chicago-based Nuveen Real […]
News Release: Nuveen and Nexcore Announce $620.4 Million, 29-Asset Healthcare Portfolio Acquisition
The 1,165,173-square-foot portfolio across 13 states, purchased from IRA Capital, is the latest in a series of acquisitions made by the strategic partnership since the two firms began collaborating in 2020 The Dignity Health Medical Office Building in Surprise, Ariz., (top) and Mount Sinai – Long Island at 1155 Northern Blvd. in Manhasset, N.Y., (bottom) […]
News Release: IRA Capital Completes Sale of Medical Office and Life Science Portfolio to Nuveen for $620.4 Million
August 9, 2021 – IRA Capital (“IRA”), a Southern-California based private equity firm and one of the largest private buyers of healthcare real estate in the United States, has completed the sale of a medical office and life science portfolio to Nuveen Real Estate for $620.4 Million. The portfolio totals over 1,165,173 square feet consisting […]
News Release: Allianz expands its US debt portfolio with USD 234m financing of 27 medical office properties
NEWS PROVIDED BY Allianz Real Estate Aug 06, 2021, 09:08 ET NEW YORK, Aug. 6, 2021 /PRNewswire/ — Allianz Real Estate, acting on behalf of several Allianz group companies, has completed a USD 234m lending investment for a joint venture between the Nuveen U.S. Cities Office Fund and a third party institutional capital partner, collateralized by a crossed portfolio […]
