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Medical news – page 5
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Representative imagePinecroft Breaks Ground on $16.2M Healthcare Project in Shenandoah, TexasSHENANDOAH, TEXAS — Local development and investment firm Pinecroft has broken ground on a $16.2 million healthcare project in The Woodlands, located north of Houston.
Advance Realty Launches 1.1M-SF Life Science Campus in BridgewaterAdvance Realty Investors has launched Continuum, a purpose-built life science and advanced manufacturing campus planned for up to 1.1 million square feet of new construction, set across 60-plus acres along U.S. Route 202/206 in Bridgewater, Somerset County, NJ.
Denver Developer Lands Financing for VA Redevelopment ProjectGM Development secured $130 million in project financing, enabling the company to begin redevelopment of a historic former Veterans Affairs (VA) hospital campus into a 493-unit Class A mixed-use community in Denver, Colorado. The financing was arranged by Walker & Dunlop.
Sun River Health Renews 7K-SF Medical Office at Simone’s 2510 Westchester AvenueSun River Health, a network of medical facilities with locations around the five boroughs, has renewed its 6,704-square-foot medical office lease at 2510 Westchester Avenue in the Bronx, building owner Simone Development Companies announced Tuesday.
CBRE Arranges Sale of MOB for MedProperties Group in Suburban ChicagoCBRE facilitated the sale of the 11 Salt Creek Medical Building, a 39,627-square-foot medical outpatient building located at 11 Salt Creek Lane in Hinsdale, Illinois. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, and Jesse Greshin of CBRE U.S.
Colliers Brokers $35M Sale of Five-Property Mixed-Use Portfolio on Florida’s Space CoastMELBOURNE, FLA. — Colliers has brokered the $35 million sale of a five-property portfolio totaling more than 294,000 square feet of office, industrial, retail and medical office space in Melbourne, a city on Florida’s Space Coast.
Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland DentalMCDONOUGH, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in McDonough, a southern suburb of Atlanta.
Representative imageLife Science Tenants and Turnkey SpaceIt's the ideal offering for a field in transition. The post Life Science Tenants and Turnkey Space appeared first on Commercial Property Executive.
Woodside Health Acquires 40,000 SF Medical Office Building in Chapel Hill, North CarolinaCHAPEL HILL, N.C. — Cleveland-based Woodside Health has acquired Meadowmont Crossing, a three-story, 40,000-square-foot medical office building located at 400 Meadowmont Village Circle in Chapel Hill.
Representative imageWoodside Health Buys Research Triangle MOBSITE Centers sold the university-affiliated facility. The post Woodside Health Buys Research Triangle MOB appeared first on Commercial Property Executive.
Representative imageMatthews Capital Markets Secures $22.5M Acquisition Loan for Medical Office Portfolio in CaliforniaOXNARD, CALIF. — Matthews Capital Markets has secured a $22.5 million acquisition loan for a four-property medical office and regional center portfolio in Oxnard. Geoffrey Arrobio of Matthews Capital Markets handled the financing.
Representative imageHealth Platform Tennr Takes 125K SF at Hudson Square Properties’ 345 Hudson StreetHealth care tech platform Tennr, which automates patient processing for referral-based care, has signed a 124,733-square foot lease at Hudson Square Properties’ 345 Hudson Street, according to the latest Manhattan monthly office market report from Colliers.
Representative imageGrossman Cos. Buys 119,500 SF Healthcare Building in Westwood, MassachusettsWESTWOOD, MASS. — Locally based investment firm The Grossman Cos. has purchased a 119,500-square-foot healthcare building in Westwood, located southwest of Boston. The building at 80 Wilson Way is fully leased to Beth Israel Lahey Health Inc.
Vertical Construction Begins on $1.2B Hospital Development in North CharlestonNORTH CHARLESTON, S.C. — The Barton Malow | Edifice joint venture team has begun structural steel work at Roper St. Francis Healthcare’s $1.2 billion Roper Hospital development in North Charleston.
Cushman & Wakefield Brokers $6.9M Sale of Delray Beach Medical Pavilion in South FloridaDELRAY BEACH, FLA. — Cushman & Wakefield has brokered the $6.9 million sale of Delray Beach Medical Pavilion, a 36,041-square-foot healthcare facility located at 14000 S. Military Trail in Delray Beach.
National Development Acquires Class A Wellesley Offices for RepositioningNational Development, on behalf of a separate account it manages, has acquired 93 Worcester St., a lass A office and life science property located at the intersection of Route 9 and Interstate 95/Route 128 in Wellesley, MA. Deal terms were not disclosed.
Easterly Government Properties Provides Financing Clinic Development in WAEasterly Government Properties (EGP) announced its first mezzanine loan investment, providing $7 million in financing for the development of a new 120,000-square-foot Veterans Affairs outpatient clinic in Kennewick, Washington.
$866M in Bonds Help Fund Mass General Brigham ExpansionMassDevelopment has issued $865,515,000 in tax-exempt bonds on behalf of Mass General Brigham Incorporated (MGB) to expand and improve its healthcare facilities. J.P. Morgan Securities, serving as the lead underwriter, sold the tax-exempt bonds through a public offering.
Representative imageNHI Agrees to Sell Skilled Nursing Portfolio to National HealthCare Corp. for $560MMURFREESBORO, TENN. — National Health Investors (NHI) has executed an agreement to sell a seniors housing portfolio to National HealthCare Corp. (NHC) for a total of $560 million. The portfolio includes 32 skilled nursing facilities and three independent living facilities.
Representative imageCushman & Wakefield Brokers $4.3M Sale of Medical Office Building in Westwood, New JerseyWESTWOOD, N.J. — Cushman & Wakefield has brokered the $4.3 million sale of a 33,277-square-foot medical office building in the Northern New Jersey community of Westwood. According to LoopNet Inc., the three-story building at 400 Old Hook Road was originally constructed in 1987.