News Release: Institutional Property Advisors Completes Medical Office Building Sale in Northern California
FOR IMMEDIATE RELEASE REDDING, Calif., Jan.24, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Shasta Orthopedics Medical Office Building, a 41,191 square-foot building in Redding, California. “It was a pleasure to represent and work alongside our seller on this transaction. Shasta Orthopedics has […]
News Release: Institutional Property Advisors Close Suburban Nashville Class-A Office Building
FOR IMMEDIATE RELEASE MURFREESBORO, Tenn., Jan.24, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Stonegate Corporate Center, an 85,569 square-foot Class-A suburban office building in Murfreesboro, Tennessee. “The subject property, built in 2005, is 94% occupied and anchored by The Department of Veteran […]
News Release: HREA | Healthcare Real Estate Advisors Announces $312 Million in 2021 Completed Transactions
HREA 2021 Year in Review Thank You for a Successful 2021! 27 Assets Sold Healthcare Properties $312 Million Total Value $3.5+ Billion Historical Sales Volume Our team would like to express our sincere appreciation to our clients for helping make 2021 a successful year. We greatly value our relationship and wish you a healthy and […]
News Release: Montecito Medical Acquires Perimeter Center Commons
FOR IMMEDIATE RELEASE January 21, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area. The two-story, 47,322 square-foot building is 100% […]
News Release: SOLD | 313 Speen Street MOB & Surgery Center | Greater Boston
CAPITAL MARKETS NEWMARK 24.875 Million CLOSING ANNOUNCEMENT 313 Speen Street Natick, Massachusetts DECEMBER 2021 Newmark Capital Markets is pleased to have represented Shields Health Care Group in the sale of 313 Speen Street, a Class A medical office building and ambulatory Surgery center located in Natick, Massachusetts, to Principal Real Estate Investors. FOR MORE INFORMATION Robert E. […]
News Release: Meridian Completes Medical Office Conversion of 114,200 SF Building in Orange County, Calif.
FOR IMMEDIATE RELEASE: Lease-up has been strong; now over 50,000 SF remains available for lease NEWPORT BEACH, CALIF. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed the conversion of a 114,200-square-foot, four-story Class-A office building into a 100% Class-A medical office […]
News Release: Davis investment fund grows with three-asset, $45 million acquisition in Minnesota
News Release Davis Medical Investors LLC adds three Woodbury MOBs, bringing the total size of the fund to 12 assets, 525,175 square feet and a fund value of nearly $200 million WOODBURY and MINNEAPOLIS, Minn., Jan. 19, 2022 – Minneapolis-based Davis announces the continuing growth of its Davis Medical Investors LLC fund with the recent […]
News Release: Newmark Completes $341 Million Sale of Eight Assets within Minuteman Park in Andover, Massachusetts
Atlantic Management and Spear Street Capital sell respective assets to campus assemblage buyer in separate transactions NEWS PROVIDED BY Newmark Group, Inc. Jan 19, 2022, 10:00 ET BOSTON, Jan. 19, 2022 /PRNewswire/ — Newmark announces the $341 million sale of eight assets within Minuteman Park, a premier corporate campus located 25 miles north of Boston in […]
News Release: Montecito Medical Acquires Medical Park Property in Buffalo Area
FOR IMMEDIATE RELEASE January 19, 2022 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Windsong Medical Park property in Williamsville, New York. The two adjoining buildings that comprise the fully leased medical park offer a combined total of more than 72,000 rentable […]
News Release: Fairfield Advisors announces sale of Central Louisiana Surgical Center and Medical Office Building in Alexandria, LA.
– $42,000,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Central Louisiana Surgical Center and Medical Office Building located at 651 N. Bolton Avenue in Alexandria, Louisiana. The building was built in 2007, totals 82,500 square feet, and contains […]
Companies: JV of Catalyst, National R.E. Advisors to invest $1.5 billion
The two firms kick off their new JV partnership with a $420M recapitalization/acquisition By John B. Mugford One of the dominant themes in the healthcare real estate (HRE) sector in recent years has been that of experienced HRE companies teaming up with well-capitalized investment firms for facility development and acquisitions. The operating companies contribute industry […]
News Release: Cushman & Wakefield Advises Sale of Sycamore Health Center in North San Diego for $11.25 Million
For Immediate Release Single-tenant NNN property in Vista fully leased to UCSD Health SAN DIEGO, Calif., – January 18, 2022 – Cushman & Wakefield announced the firm has advised the sale of a single-tenant, triple Net (NNN) leased medical office building in Vista (San Diego), California. The asset consists of a two-story 20,282-square-foot building located […]
News Release: Medical office in Durham trades to new investor
JLL Capital Markets led sales efforts for Duke Medical Plaza at Patterson Place in Durham, North Carolina RALEIGH, Jan. 14, 2021 – JLL Capital Markets announced today that it has closed the sale of Duke Medical Plaza at Patterson Place, a 59,978-square-foot medical office building in Durham, North Carolina. JLL represented the seller, BP Phase2, […]
News Release: MedProperties Realty Advisors and Heitman acquire leading Louisiana surgical hospital in joint venture
FOR IMMEDIATE RELEASE The 21-bed, 60,087-square-foot Avala Hospital offers innovative, minimally invasive robotics-assisted surgeries for hip and knee replacements and other procedures COVINGTON, La., and DALLAS, Jan. 14, 2022 — MedProperties and Heitman LLC (“Heitman”), in their first joint venture (JV) together, have acquired the 21-bed, 60,087-square-foot Avala Hospital in Covington. MedProperties Realty Advisors LLC, a […]
News Release: IRA Capital acquires University Health medical office buildings
January 14, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly constructed medical office buildings in Martinez (Augusta), Georgia and Aiken, South Carolina. Both buildings are 100% occupied and leased to University Health Care System (“UH”), a leading health system in Augusta-Richmond County and the surrounding […]