Medical Office Building
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
SGPS Buys 42KSF Medical Centers West of Atlanta
SK Commercial Realty and CBRE represented the sellers of the two facilities in Douglasville, Ga., in the $7.5 million transaction.
Economy Watch: Aging Population to Support Medical Office Demand
The population of people over age 65 is expected to nearly double between 2015 and 2055, which is an encouraging factor supporting long-term demand for medical office space, according to a new CBRE Research report.
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.
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.
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.