Feature Story: Mega deals, micro cap rates and new investment platforms
BOMA ‘Notable Transactions’ panel takes a closer look at some headline-grabbing deals By John B. Mugford So far, the year 2021 – a year in which healthcare real estate (HRE) has been elevated to unprecedented heights in the eyes of investors – has undoubtedly produced some notable acquisitions and deals in the medical office building […]
News Release: MedCraft Investment Partners Acquires Retail Healthcare Building in St. Paul
FOR IMMEDIATE RELEASE A 22,721 square-foot medical office building within high traffic retail shopping center Minneapolis, Minn. – November 23, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the fully leased medical office building further expanding their Minneapolis-St. Paul portfolio. The building located at 1390 University Ave […]
News Release: Montecito Acquires Endoscopy Center Medical Building in Sherman, TX
FOR IMMEDIATE RELEASE November 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an endoscopy center in Sherman, Texas. The property, which offers 14,458 square feet of space, was completed in 2021. The building is […]
News Release: Montecito Medical Acquires Medical Building in Western Massachusetts
FOR IMMEDIATE RELEASE November 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building in West Springfield, Massachusetts, that includes an ophthalmic surgery center. The property, which offers 22,158 square feet of space, is leased to Eye and LASIK Center, […]
News Release: Easterly Government Properties Completes Acquisition of VA – Chattanooga, the Third of 10 Properties in the VA Portfolio
November 18, 2021 09:00 AM Eastern Standard Time WASHINGTON–(BUSINESS WIRE)– Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of […]
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. […]