Medical Office
Thor Equities Buys First Boston-Area Asset
The company is continuing its expansion in the Northeast. Norwood Medical Center offers 92,000 square feet of medical office space across three stories.
Health-Care REITS Sell Into Strength
Institutional investors have taken greater interest in the sector amid faster-changing demographics, according to Fitch Ratings Senior Director Stephen Boyd.
New Jersey MOB Complex Fetches $135M
With the assistance of HFF, National Business Parks sold the 538,100-square-foot Morristown asset in the state’s largest medical office sale of 2018 to date.
Building the Health-Care Experience of the Future
Daina Pitzenberger, Transwestern’s senior vice president, talks about the importance of technology and regulations in the transformation of the industry, as well as growth opportunities in the sector.
Interra Arranges $6M Sale of Chicago Nursing Facility
The buyer, JK Equities, plans to repurpose the West Loop building and capitalize on its location. The seller was Symphony Pan.
Montecito Medical Acquires Phoenix MOB
The property was completely remodeled last year and serves as the headquarters of an eye care company. Its affiliate, Spectra Eye Institute, provides outpatient surgical services.
MOB Sector Keeps Thriving
Demand for the specialty product is likely to stay robust for the long term, Marcus & Millichap predicts in a new report.
FL Medical Office Building Trades for $6M
Avison Young brokered the sale of Boynton West Professional Center in Boynton Beach on behalf of Hews Woolbright. The 80 percent occupied asset is near the JFK and Bethesda hospitals.
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
Harrison Street Sheds VA Medical Office Portfolio
With help from Avison Young, a joint venture between MBRE Healthcare and Kayne Anderson Venture acquired the three-building Ashburn Farm Professional Plaza in Loudoun County.