News Release: Cushman & Wakefield Advises Sale of 204,123 SF Class A Office Building in Las Vegas for $67 Million
For Immediate Release Marc Barmazel-led firm acquires asset fully leased to a national healthcare company LAS VEGAS, Nev., November 17, 2021 – Cushman & Wakefield announced the firm has advised Virtua Partners in the disposition sale of a freestanding 204,123-square-foot Class A Office Building in Las Vegas, Nevada. The six-story building located at 2716 North […]
Feature Story: Investors are flocking to the MOB/HRE space
BOMA panel takes a closer look at growing investor demand, rising prices for the asset type By John B. Mugford Currently in the growing and highly visible medical office building (MOB) space, a couple of questions seem to be garnering most of the attention. One of those is: Will the influx of new capital, including […]
News Release: Montecito Medical Acquires Surgery Center Building in North Texas
FOR IMMEDIATE RELEASE November 16, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Denton, Texas, that is home to the Texas Health Surgery Center. The multispecialty ambulatory surgery center (ASC) property, which offers approximately 19,000 square feet […]
News Release: Kaufman Hall Acquires HRE Capital
FOR IMMEDIATE RELEASE: Monday, Nov. 15, 2021 Kaufman, Hall & Associates, LLC (“Kaufman Hall”), a leading healthcare and higher education management consulting and advisory services firm, has acquired Healthcare Real Estate Capital, LLC (“HRE Capital”), a national advisory firm solely focused on the healthcare and higher education real estate capital markets sectors. Kaufman Hall is […]
News Release: News from HRE Capital
HRE CAPITAL HRE Capital was founded in 2008 with the goal of being the nation’s leading unconflicted capital markets advisory firm focused on the healthcare real estate sector. Since that time, the firm has been involved with over $14 Billion of assignments, has implemented some of the largest and most significant transactions in the sector and remains one of the most […]
News Release: Sold! Multi-Tenant Medical Office Building, Reno, NV
850 Mill Street Reno, Nevada Multi-Tenant Office Building Sold CBRE is to offer a centrally located, approximately 21,165 three-story medical office building located across from Renown’s regional hospital campus. The building comes with a rare extra parcel of land used for parking. The property provides easy access to downtown Reno and Interstate 580. At 74% […]
News Release: Newmark Completes $29.5 Million Sale of 5 Branch Street in Methuen, Massachusetts
November 12th, 2021 10:00am Marcus Partners sells medical office building anchored by Dana-Farber Cancer Institute to Celera Properties and AEW Newmark announces the $29.5 million sale of 5 Branch Street, a medical office building anchored by Dana-Farber Cancer Institute and located north of Boston in Methuen, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, […]
News Release: Ventas Sells Tustin Rehabilitation Hospital for $18M in Orange County, CA
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Advises $18 Million Sale of Tustin Rehabilitation Hospital in Orange County Rare, soon-to-be vacant hospital is a unique opportunity for reposition strategy TUSTIN, Calif., November 11, 2021 – Cushman & Wakefield announced the firm has advised the sale of Tustin Rehabilitation Hospital, a 73,180-square-foot medical […]
News Release: Dental Surgery to Anchor Development at Tamarack & I-494 (Woodbury, Minn.)
NEWS RELEASE FOR IMMEDIATE RELEASE SAINT PAUL (Monday, November 11th, 2021) – Excavators can be seen on-site at the corner of Bielenberg Drive and Tamarack Road preparing the land for a new multi-tenant, 30,000 square foot medical office building being developed by MSP Commercial. Construction began with earthwork in late September on the site located […]
News Release: Montecito Medical Acquires Bedford Medical Plaza in DFW Market
FOR IMMEDIATE RELEASE November 8, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Bedford Medical Plaza in Bedford, Texas, an affluent suburb in the Dallas Fort Worth Metroplex. The property, which offers just over 25,000 square feet of space, is 100% leased. […]
News Release: CA Health and Science Trust Announces Fourth Medical Office Acquisition
FOR IMMEDIATE RELEASE The more than 95,000-square-foot, highly accessible and visible property located in Elgin, Illinois is across from a major regional hospital and home to prominent healthcare tenants CHICAGO (November 4, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on […]
News Release: Avison Young brokers $6.1 million sale of a 24,000-sf medical office property in Torrance, CA
Los Angeles, CA – Avison Young announced today it has brokered the $6.1 million sale of Torrance Medical Plaza, a multi-tenant, 24,000 square-foot (sf) medical office building located at 19000 Hawthorne Boulevard in Torrance, CA. Avison Young Principals David Maling, Chris Maling and Patrick Barnes, who are based in the company’s downtown Los Angeles office, […]
News Release: HRE Capital advises MedDevelopment on $65.725 million sale of two MOBs and parking garage in Phoenixville, Pa.
MedDevelopment Sale of an on-campus portfolio including two medical office buildings totaling 1 08,094 square feet and a 579-space parking garage located in Phoenixville, Pennsylvania THE UNDERSIGNED SERVED AS EXCLUSIVE FINANCIAL ADVISOR HRE Capital Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as the exclusive financial advisor related to the disposition of an on-campus portfolio that included two […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:07 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/november-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The […]
News Release: Welltower Reports Third Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:06 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately 210 […]