property type: Medical Office

Jacksonville Business Journal Baptist Health has paid $65 million, or $131.85/sf, for the 493,000-square-foot Southbank Medical Pavilion in Jacksonville, Fla. The local health system acquired the 22-story medical office building from ShareMD, also of Jacksonville, which paid $67 million for ...

Vital Infrastructure Property Trust has paid $89.9 million, or $632/sf, for the 142,249-square-foot East New York Health Hub medical-office building at 101 Pennsylvania Ave. in the East New York area of Brooklyn, N.Y. The Toronto REIT, the former Northwest Healthcare ...

Austin Business Chronicle A venture of BentallGreenOak, or BGO, and Anchor Health Properties has bought the 40,431-square-foot medical office property at 2201 Newnan Crossing Blvd. in Newnan, Ga., for $14.2 million, or $351.22/sf. BGO, of Miami, and Anchor Health, of ...

Seven Hills Realty Trust has originated a $22.7 million loan against Sugar Land Medical Plaza, a 120,596-square-foot medical office property in Sugar Land, Texas. The loan has a three-year term but comes with a pair of one-year extension options. Colliers ...

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.