Medical Office
The MOB Cure: CBRE Report
Although the niche faces uncertainties surrounding federal health care policy, the demographics behind medical office building demand offer strong reasons for optimism.
Bentall Kennedy Enters Portland MOB Market
The Class A asset includes space for medical offices, day surgery, on-site diagnostic imaging and laboratories, as well as 3,000 square feet of retail.
MedCraft to Expand MN Essentia Health Facility
The 26,633-square-foot expansion in Grand Rapids, Minn., is slated for completion by May 2018. The partnership minimizes risks, allowing Essentia to reinvest in expanded facility operations.
CBRE Global Buys 25 Medical Office Buildings
The 1.4 million-square-foot, 10-state portfolio will be operated by the seller, a joint venture of Kayne Anderson Real Estate Advisors and MBRE Healthcare.
HFF Closes MOB Portfolio Sale
IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants.
From Church to MOB in Queens
Regent Medical Properties LLC plans to replace the 20,803-square-foot building in Flushing, N.Y., purchased for $19 million, with a 12-story, mixed-use medical office building.
North San Diego 225 KSF Outpatient Center Underway
Construction began on the first phase of a 225,000-square-foot Class A medical office development on the campus of Palomar Medical Center Escondido. Cushman & Wakefield will handle leasing.
Texas Nursing Facilities Land $28M in Financing
The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.
HSA, USAA Buy 46 KSF MOB
Colliers represented the seller of the Class A building—anchored by North Clinic—in Plymouth, Minn. The commercial real estate services firm will also spearhead leasing efforts.
Spec Medical Project Underway SW of Houston
TierOne Development broke ground on a 38,600-square-foot office/medical development in Sugar Land, Texas, slated for completion in 2018.