• Newport Heights Medical Center

    REDA Completes Sale of Newport Heights Medical Center

    September 9, 2019— Real Estate Development Associates, LLC (REDA), a Southern California-based opportunistic real estate investment and development firm, has announced the sale of Newport Heights Medical Center (NHMC). Built in 2017, NHMC consists of two class A buildings totaling 59,978 square feet. Building One, located at 20350 Birch...
  • Wilson Medical Plaza

    JLL Closes $10.75M Sale of Portland-Area Medical Office Plaza

    August 22, 2019 – JLL announced today that it has closed the $10.75 million sale of Wilsonville Medical Plaza, a 24,057-square-foot medical office building in the Portland-area community of Wilsonville, Oregon. JLL marketed the property on behalf of the seller. A private investor in a 1031 exchange emerged through...
  • Crouse Medical Center

    ICONIC Property Partners Buys Crouse Medical Center in New York

    August 21, 2019 – JLL announced today that it has closed the $18 million sale of Crouse Medical Center, which comprises two connected buildings totaling 173,466 square feet of medical office space in Syracuse, New York. JLL marketed the property on behalf of the seller, Brittonfield Associates. ICONIC Property...
  • 2767 E Imperial

    Lasalle Buys 2767 East Imperial Highway in Orange County

    August 21, 2019 – JLL announced today that it has closed the sale of 2767 East Imperial Highway, an 89,650-square-foot, single-tenant, net-lease medical office property in the Orange County community of Brea, California. JLL represented the seller, a joint venture between Healthcare Property Advisors and The Innovation Institute, and...
  • Tarzana Tower

    Rare Class A Office/Medical Building in Prime Ventura Corridor Location Sells for $22M

    August 8, 2019— Optimus Properties, LLC, a privately held real estate investment company, has purchased Tarzana Tower, a Class A office/medical building at 18321 Ventura Boulevard in Tarzana, California, for $22,000,000. Kidder Mathews commercial real estate investment broker, Janet Neman, represented Optimus Properties in the transaction. The asset is...
  • 3531 Fashion Way, Torrance

    Meridian Completes $2.5M Renovation of MOB in Torrance

    August 8, 2019— Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed renovation of a 26,000-square-foot multi-tenant medical office building located in Los Angeles County at 3531 Fashion Way, Torrance, California. The property sits directly across the...
  • Research Triangle Life Science

    JLL closes $405M sale of life science offering in Carolinas

    August 1, 2019 – JLL announces that it has closed on the sale of a core life science portfolio located in the heart of the Research Triangle, North Carolina, one of the top innovation hubs in the U.S. The 1.34 million-square-foot portfolio, consisting of 18 buildings on four campuses,...
  • Forest Surgery Center

    Levin Johnston Directs $13.5 Million Acquisition of Medical Surgery Center in San Jose, California

    July 29, 2019— Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed the $13.5 million acquisition of Forest Surgery Center, a state-of-the-art medical office facility in San Jose, California. Adam...
  • 838 Nordahl Rd

    Cushman & Wakefield Private Capital and Healthcare Teams Collaborate in Sale of Class A Medical Condo for $11.85 Million

    July 15, 2019 – Cushman & Wakefield announced today they’ve advised on the sale of a 20,230 square foot, single-tenant, net-leased medical office condo for $11.85 million. Mark Avilla with the firm’s San Diego Private Capital Group collaborated with Travis Ives, co-leader of the firm’s U.S. Healthcare Capital Markets...
  • Saddleback Memorial

    Colliers Helps Take Down Largest Block of Existing Medical Space in Orange County

    July 13, 2019 – Colliers International has negotiated the lease of a 27,000-square-foot block of medical office space in the Saddleback Medical Building located on the campus of Saddleback Memorial Medical Center (SMMC) to Harvard Eye Associates, a provider of medical and surgical eye care for more than 40...
  • Cityview Longwood

    HFF Secures Financing for Apartment Community in Boston’s Longwood Medical Area

    June 28, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has secured financing for CityView at Longwood, a 289-unit apartment high-rise in Boston’s Longwood Medical Area. Working on behalf of the borrower, a joint venture between Jefferson Apartment Group and LaSalle Investment Management, HFF placed the floating-rate...
  • 1740 South Street

    Chestnut Funds & Anchor Health Properties Sells Medical Office Building in Philadelphia

    June 12, 2019 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of 1740 South Street, a 50,000-square-foot, medical office building in the highly-coveted Rittenhouse Square submarket of Philadelphia, Pennsylvania, on behalf of the seller, Chestnut Funds and Anchor Health Properties. 1740 South...
  • Meridian Pasadena

    WelbeHealth to Open at Meridian’s Cotton Medical Center in Pasadena

    June 12, 2019 – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot medical office complex located in Pasadena, Calif. WelbeHealth will occupy 14,200 square feet in...
  • Tigard Medical Plaza

    Tigard Medical Plaza in Portland Sold for $14.5M

    May 23, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.5 million sale of Tigard Medical Plaza, a 20,994-square-foot outpatient medical office building and ambulatory surgery center in the Portland-area community of Tigard, Oregon. HFF marketed the property on behalf of the seller. A...
  • Crozer Keystone Broomall

    Anchor Health Properties Buys Crozer-Keystone at Broomall Medical Office Building in Pennsylvania for $23.5M

    May 22, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Crozer-Keystone at Broomall, a 57,320-square-foot, Class A cancer center and multi-specialty outpatient facility in the Philadelphia-area community of Broomall, Pennsylvania. HFF marketed the property on behalf of the seller, Capital Solutions....
  • Meridian-Castro-Valley

    Meridian Sells Medical Building in Alameda County for $7 Million

    May 9, 2019 – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 10,000-square-foot outpatient clinic in Castro Valley, Calif. The purchase price was $7 million, representing a cap rate of...
  • NAI Robert Lynn

    NAI Robert Lynn’s Investments Division Purchases Dallas Medical Building

    May 7, 2019—  Robert Lynn Investments (RLI), a Dallas-based commercial real estate investment company, announced the purchase of a 22,654-square-foot medical office building located at 9500 North Central Expressway. The building currently houses DaVita Central Dallas Dialysis, and RLI has a new long-term agreement with a national surgical company...
  • Long Beach Medical

    New Medical Clinic in Downtown Long Beach Trades for $8.4 Million

    April 25, 2019– Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 9,200-square-foot dialysis clinic in Long Beach, Calif. The purchase price was $8,421,580, representing a cap rate of 5.0 percent....
  • The-Children’s-Hospital-of-San-Antonio

    Seavest Healthcare Properties Sells The Children’s Hospital of San Antonio Health Pavilion in San Antonio, Texas

    April 3, 2019 – HFF announces it has closed the sale of The Children’s Hospital of San Antonio Health Pavilion, a brand new, 100-percent-leased, 57,250-square-foot, state-of-the-art and purpose-built medical office building located in the prestigious Stone Oak submarket of San Antonio, Texas. HFF marketed the asset on behalf of...
  • Pecos Rd Chandler Arizona

    Cushman & Wakefield Team Advises $16.1 Million Medical Portfolio Sale in Arizona

    March 28, 2019 – Cushman & Wakefield announced today a 39,305-square-foot (sf) portfolio consisting of three medical office buildings in the cities of Chandler and Gilbert, Arizona has sold for $16,100,000 ($410 PSF). The buyer was Global Medical REIT of Bethesda, Maryland. Cushman & Wakefield represented the anchor tenant...
  • Inland Real Estate Buys Medical Office Building for $11.468M in Long Island

    March 21, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $11.468 million sale of a 16,920-square-foot outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community of Garden City, New York. The...
  • Lakeshore Medical Center

    Lakeshore Medical Center Sold in Chicago

    March 21, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Lakeshore Medical Center, a 135,093-square-foot medical office building (MOB) located on Lake Shore Drive in Chicago, Illinois. HFF marketed the Class A MOB on behalf of the seller, a partnership between CarVal Investors and Zeller Realty...
  • Aurora Health Center in Wauwatosa, Wisconsin

    $40.84M Financing for 2 Single-Tenant Medical Office Buildings in Wisconsin and Oklahoma

    March 18, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing totaling $40.84 million for two single-tenant medical office buildings: Aurora Health Center in Wauwatosa, Wisconsin, and Tulsa Spine and Specialty Hospital in Tulsa, Oklahoma. HFF worked on behalf of the borrowers, to secure 10-year,...
  • 2125 O’Nel

    Embarcadero Capital Partners Acquires 108,500 SF Value-Add Building in North San Jose

    March 7, 2019 – Cushman & Wakefield announced today the firm advised PSAI Realty Partners in the disposition of 2125 O’Nel, a 108,446-square-foot office/R&D building in North San Jose, California. The buyer was Embarcadero Capital Partners, a San Francisco Peninsula-based private real estate investment, management, and development firm. The...
  • 460-Hartford-Turnpike

    Global Medical REIT Buys Medical Office Portfolio in Connecticut

    March 6, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property portfolio that includes 460 Hartford, a 36,000-square-foot, multi-specialty outpatient facility, and 8 Keynote, a 22,500-square-foot home health service facility. Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of...
  • 1122 Washington Blvd

    Quantum Capital Partners Arranges $38 MM Loan to Refinance Downtown Los Angeles Medical Office Campus

    March 5, 2019 — Quantum Capital Partners has secured $38 million in combined short- and long-term debt to refinance a 110,000-square-foot, three-property commercial real estate portfolio in Downtown Los Angeles on behalf of local real estate investment firm Robhana Group. The financing was secured by the newly completed 60,000-square-foot...
  • Palomar-Health-Outpatient

    Harrison Street Real Estate Capital Buys Medical Office Building in San Diego

    February 27, 2019 – HFF announces that it has closed the sale of Palomar Health Outpatient Center Phase I, a medical office building totaling approximately 75,000 square feet in North County San Diego, California. HFF marketed the property on behalf of the seller, Encinitas-based real estate developer JRMC Real...
  • 310 East Shore Road

    Lee NYC Awarded Exclusive Agency for 310 East Shore Road in Great Neck

    February 1, 2019 – Kelly Koukou, Executive Managing Director/Principal of Lee & Associates NYC, has been named the exclusive sales agent for the 52,517-square-foot building at 310 East Shore Road in Great Neck. Providing an outstanding opportunity for investors, the medical building boasts recent improvements, including a new roof,...
  • Duke-Medical-Complex

    Duke Medical Complex Sells for $8.6M in North Carolina

    January 31, 2019 – HFF announces the $8.6 million sale of Duke Medical Complex, a two-story medical office building totaling 79,202 square feet in Durham, North Carolina. The HFF team represented the seller, and procured the buyer, 5401 Holding Co LLC. Duke Medical Complex is located at 4321 Medical...
  • San-Diego-Life-Science

    $70.5M Financing for 2-Property Life Science Portfolio in San Diego

    December 18, 2018 – HFF announces $70.5 million in financing for a two-property life science portfolio totaling 230,005 square feet in the San Diego-area community of Sorrento Mesa, California. The HFF team worked on behalf of the borrower, Bioscience Properties, Inc. and Singerman Real Estate, LLC, to secure the...
  • Meridian Torrance

    Meridian Acquires MOB in Los Angeles South Bay for $7.5 Million

    December 17, 2018 – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 26,000-square-foot medical office building in Torrance, California. The purchase price was $7.5 million and Meridian plans to invest...
  • Norriton Medical Center

    Norriton Medical Center Sells for $12.35M

    December 13, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $12.35 million sale of Norriton Medical Center, a 74,212-square-foot medical center anchored by Einstein Orthopedics and Moss Rehab in the Philadelphia suburb of East Norriton, Pennsylvania. The HFF team represented the seller, an indirect wholly owned subsidiary of...
  • Westlake Village

    Welltower Buys Westlake Village Medical Office Buildings for $29.95M

    December 7, 2018 – HFF announces the $29.95 million sale of Westlake Village, two medical office buildings totaling approximately 50,000 square feet in the Los Angeles-area community of Westlake Village, California. The HFF team represented the seller, Nadler Cypress Holdings2, LLC and La Venta LLC. Welltower purchased the assets...
  • 5625 Fishers Lane

    Office & Lab Portfolio Sold in Maryland

    November 28, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and acquisition financing of 5625 Fishers Lane and 12735 Twinbrook Parkway, a two-building, Class A office and lab portfolio totaling 229,905 square feet in Rockville, Maryland. The HFF team represented the seller, a joint venture between entities...
  • 5454 Ruffin Rd

    BLT Enterprises Sells R&D Asset in San Diego

    November 13, 2018 – BLT Enterprises, a multi-faceted commercial real estate development and investment company, has sold a 54,000 square-foot R&D/flex building in the Kearny Mesa submarket of San Diego, California for $18 million, or $330 per square foot. BLT acquired the property in 2017 and sold it a...
  • cushion wakefield medical

    Cushman & Wakefield’s Annual Vital Signs Report Tracks Growing Medical Office Demand

    November 12, 2018 – Driven by an aging American population and improving technology, the U.S. healthcare sector continues to grow even more rapidly than the overall economy, and medical office developers and investors are aggressively working to meet the subsequent demand, Cushman & Wakefield’s Vital Signs: Healthcare Investor and...
  • Chapman-Univ-Keck-Center

    C.W. Driver Companies Completes $87M Keck Center for Science and Engineering at Chapman University

    November 2, 2018 – C.W. Driver Companies, a premier builder serving California since 1919, today announced the completion of Chapman University’s Keck Center for Science and Engineering in Orange. The 149,697-square-foot, state-of-the-art education and research facility is the largest, most expensive and most technologically advanced project in the university’s...
  • Hilltop Medical Building

    Hilltop Medical Building Sells for $2.36M in Denver

    October 15, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $2.36 million sale of Hilltop Medical Building, a 7,929-square-foot medical office asset in the southeast Denver-area community of Parker, Colorado. Hilltop Medical Building is located at 19964 Hilltop Road just off Highway 83 in Parker, approximately a half...
  • Acute-Care-Center

    Southern California Advanced Care Center Unveiled

    September 26, 2018— Cuningham Group Architecture, the international design leader now celebrating its 50th anniversary, has unveiled designs for the Providence Breeze Advanced Care Center. The medical facility recently opened in Torrance, California – on the site of the former Daily Breeze newspaper facility – with the City of...
  • 4242 Broadway in Alameda County

    Meridian Sells Dialysis Clinic for $1,230 PSF in Alameda County

    September 20, 2018 – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 12,754-square-foot dialysis clinic in Oakland, California. The purchase price was $15.7 million, representing a price of $1,230+-per-square-foot or a...