Medical Office
New Jersey MOB Trades in $20M Deal
The property contains 75,000 square feet amidst a busy health-care corridor, with nearly 3 million square feet of medical office space less than 5 miles away.
Caliber Cos. Acquires Hospital in Phoenix Opportunity Zone
The company plans to invest nearly $10 million in renovating the 96-bed facility, which will house Medical Behavioral Hospital of Phoenix.
Meridian Delivers Renovations at MOB in Los Angeles
The project included a new façade to the building, new exit and entry ways as well as a new lobby. Half the space was leased to a radiology tenant.
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.
Solera Health Increases Downtown Phoenix Footprint
The medical tech company occupies two floors at The Monroe building in downtown Phoenix. The expansion is expected to add at least 200 new jobs.
Inland Empire MOB Lands Refi
The new mortgage pays down a previous $2.5 million CMBS loan on the 30,192-square-foot Class B property in Bermuda Dunes, Calif.
JV Picks Up Raleigh-Area Office Park
Pinnacle Financial Partners provided financing for the acquisition of the two-building portfolio in Cary, N.C. Avison Young will lead the leasing efforts.
MPT to Invest $1.6B in Multi-State Hospital Portfolio
To retire an existing term-loan debt, Prospect Medical Holdings entered into a sale-leaseback agreement with the trust. The deal involves assets in California, Connecticut and Pennsylvania.
JLL Income Property Trust Pays $90M for San Diego MOB
Genesee Plaza is a two-building campus in the city’s University Town Center, close to the University of California, San Diego and Scripps Hospital campuses.
CareTrust Buys Idaho Skilled Nursing Facility
Cascadia of Nampa is the newest property part of tenant Cascadia Healthcare’s portfolio in the state, which totals 12 facilities.