property type: Medical Office

Philadelphia Business Journal Cornerstone Cos. has paid $17.25 million, or $274.90/sf, for the 62,750‑square‑foot Stone Manor Medical Office Building in the Philadelphia suburb of Warrington, Pa. The Indianapolis healthcare real estate investor purchased the building from Carlino Commercial Development of ...

A Principal Financial investment vehicle has paid $15.6 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that's being converted into an addiction treatment facility. The investment is the third for the vehicle, Principal Inside, an ...

Blue Owl Real Estate Capital Inc. has agreed to buy Sila Realty Trust Inc., a Tampa, Fla., REIT that owns 137 net-leased healthcare properties, for $30.38/share, valuing the deal at $2.35 billion, after the assumption of debt.

Atlanta Business Chronicle Stonemont Financial has lined up $32.5 million of financing for its purchase of the Northside Hospital East Cobb Medical Center in the Atlanta suburb of Marietta, Ga. Webster Bank provided the loan. Stonemont, of Atlanta, teamed up ...

JLL Income Property Trust has paid $32.15 million, or $613/sf, for the 52,487-square-foot West Boston Medical Center property in the Boston suburb of Watertown, Mass. The Chicago REIT, whose shares do not trade on any exchange, acquired the property, at ...

Commercial Property Executive CordenPharma Colorado has agreed to fully lease a 64,000-square-foot medical office property at 5505 Central Ave. in Boulder, Colo., a northern suburb of Denver. The developer of pharmaceutical ingredients, primarily peptide drug substances, agreed to a 15-year ...