property type: Medical Office

Knighthead Funding has provided $42 million of financing for the construction of an 84,746-square-foot medical-office building in the Astoria section of Queens, N.Y. The property, at 30-14 Crescent St., is being developed by an investor group, Astoria Crescent Owner LLC, ...

Virtus Real Estate Capital and Coast Income Properties Inc. have sold the 47,596 square-foot medical office building at 4765 Carmel Mountain Road in San Diego to an undisclosed REIT for $37.35 million, or $784.73/sf. Virtus, of Austin, Texas, and Coast ...

Dallas Business Journal Southwestern Health Resources is relocating its headquarters to Farmers Branch, Texas. The Dallas-based organization, an integrated health network between the UT Southwestern Medical Center and Texas Health Resources systems, has agreed to lease 150,000 square feet at ...

Commercial Observer Hammes Partners has paid $105 million, or $405.72/sf, for a pair of office buildings with 258,800 square feet in Great Neck, N.Y. The Milwaukee investment manager bought the properties from Schmergel Enterprises. Altman Warwick brokered the deal. The ...

Lincoln Advisors has paid $240 million for a portfolio of 11 medical-office properties with 474,100 square feet in eight states. The investment management arm of Lincoln Property Co. of Dallas bought the portfolio from a venture of Sanders Trust of ...

Commercial Observer New York University's Langone Medical Center has renewed its lease for 630,000 square feet at One Park Ave. in Manhattan. The medical center accounts for about two-thirds of the space at the 947,000-sf building, which is owned by ...

Charlotte Business Journal A venture of AHP Management and The Carlyle Group has bought 13557 Steelecroft Parkway, a 36,096-square-foot medical-office property in Charlotte, N.C., for $16.4 million, or about $454.34/sf. The seller was not identified.