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Medical news – page 3
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Breakthrough Properties, Tishman Speyer Provide $90M Mezz Loan for Life Science CampusBreakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campus in San Diego.
Woodside Health Completes Sale of Medical, Retail PropertyWoodside Health, an Ohio-based private equity firm specializing in healthcare real estate, has completed the sale of Cornerstone Plaza, a medical and retail property located in the Dallas-Fort Worth metropolitan area.
Jacobson Properties Arranges $13M Sale of Medical Office Building in Liverpool, New YorkLIVERPOOL, N.Y. — Locally based brokerage firm Jacobson Properties has arranged the $13 million sale of a 38,913-square-foot medical office building located at 8324 Oswego Road in Liverpool, part of the Syracuse metro area.
Berkadia Arranges Financing for Development of 50-Bed Vibra Hospital in Bismarck, North DakotaBISMARCK, N.D. — Berkadia has arranged the equity placement and financing for the development of Vibra Hospital of the Central Dakotas, a 50-bed inpatient rehabilitation facility and long-term acute care hospital (LTACH) in Bismarck.
Representative imageHoar Construction Breaks Ground on 32,000 SF Medical Office Building in East AustinAUSTIN, TEXAS — Alabama-based general contractor Hoar Construction has broken ground on Colony Park Health & Wellness Center, a 32,000-square-foot medical office building in East Austin.
Brookfield, Healthpeak Form $2.1B Medical Office Joint VentureBrookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio. Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property,...
Representative imageCenturion Foundation Acquires Northlake Mall in Metro Atlanta for $95M, Plans Expansion for Emory HealthcareTUCKER, GA. — Centurion Foundation, an independent nonprofit organization that specializes in real estate and financing solutions for the healthcare and higher education sectors, has acquired Northlake Mall, a nearly 1 million-square-foot shopping center in the Atlanta suburb of…
Marcus & Millichap Brokers $5.8M Sale of Medical Office Property in Davison, MichiganDAVISON, MICH. — Marcus & Millichap has brokered the $5.8 million sale of a 50,017-square-foot medical office property in Davison, a suburb of Flint. The two-suite office building is situated on 3.3 acres at 1515 Cal Drive.
JLL Completes Sale of Kansas City MOB Portfolio to Montecito MedicalJLL has completed the sale of a fully leased, four-property medical building portfolio in the Greater Kansas City area.
Pure Paws Veterinary Care to Relocate to 5K SF at Brooklyn’s 1 Putnam AvenueA pack of Brooklyn veterinarians are taking themselves for a short walk. Pure Paws Veterinary Care is relocating its Brooklyn practice to a larger, nearby location in the Clinton Hill neighborhood.
Representative imagePinecroft Realty Refinances Two Metro Houston Medical Office Buildings Totaling 70,000 SFSHENANDOAH AND RICHMOND, TEXAS — Pinecroft Realty has refinanced two medical office buildings totaling approximately 70,000 square feet in metro Houston. The loan amount(s) was not disclosed.
$563M Palmetto Hospital Reaches Construction MilestoneBayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028.
Representative imageTranswestern Acquires Forte Real Estate Partners in MinneapolisMINNEAPOLIS — Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The transaction adds 12 healthcare, office and industrial tenant advisory team members and a broad property management portfolio.
Siemens Financial, First Horizon Lend $65M on Palm Beach Gardens Medical ComplexSiemens Financial and First Horizon have supplied $64.8 million of construction financing to develop a hospital and medical outpatient complex in Florida’s Palm Beach County, Commercial Observer has learned.
Matthews Arranges Sale of Four-Property Medical Office Portfolio in Spokane, WashingtonSPOKANE, WASH. — Matthews has arranged the sale of a four-property medical office portfolio located at 427 S. Bernard St., 9651 N. Nevada St., 31 E. Central Ave. and 208 W. 5th Ave. in Spokane.
Marcus & Millichap Closes Louisville MOB Portfolio TransactionMarcus & Millichap announced the sale-leaseback of a three-building, 34,313-square-foot medical office portfolio in the Louisville MSA. The portfolio sold for a little more than $6.2 million.
Atrium Health Opens $163M Greensboro MOBAtrium Health Wake Forest Baptist (AHWFB) opened Medical Plaza Northwest Greensboro, at 2909 Horse Pen Creek Road. The $163 million, five-story, 134,000-square-foot facility will serve as a regional hub for outpatient surgery, specialty services and comprehensive cancer care.
Zarminali Pediatrics Opens Sixth Clinic Amid Chicago ExpansionZarminali Pediatrics is expanding its presence in the Chicago area with the opening of its newest clinic in Six Corners.
Multiple Factors Drive MOB GrowthIn the recent Cushman & Wakefield report “Vital Signs,” authors Sandy Romero (Head of Office & Alternatives) and Lorie Damon (Executive Managing Director, Healthcare Advisory Practice) said that the U.S. medical office building (MOB) sector is continuing its strong momentum.
AdvanCell Signs Full-Building Lease at IQHQ’s Innovation Park in AndoverIQHQ, Inc. said Monday that AdvanCell has signed a long-term, 128,000-square-foot lease for the entire 1 Corporate Dr. building at Innovation Park, IQHQ’s life science and advanced manufacturing campus in Andover, MA.