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 ...