property type: Medical Office

Commercial Property Executive A joint venture of Kayne Anderson Real Estate Advisors and Remedy Medical Properties has paid $30.9 million, or $307.71/sf, for Gresham Station Medical Plaza, a 100,419-square-foot medical-office complex in Gresham, Ore. Kayne Anderson, of Boca Raton, Fla., ...

Commercial Real Estate Direct Staff Report KanAm Grund Group has paid $48 million, or $917.13/sf, for the 52,337-square-foot medical-office building at 147 Milk St. in downtown Boston. The Frankfurt, Germany, investment manager bought the property from BentallGreenOak, a New York ...

CIT Bank has provided $39 million of financing against the 95,261-square-foot medical-office building at 3 Crescent Drive in Philadelphia. JLL arranged the loan on behalf of Norvin Healthcare Properties, a New York real estate investment firm that had bought it ...

Triangle Business Journal Healthcare Trust of America Inc. has bought the Duke Medical Plaza North Duke Street in Durham, N.C., for $16.3 million, or about $397.22/sf. The Scottsdale, Ariz., REIT bought the 41,035-square-foot medical-office property from Dovini Ltd. of New ...

LaSalle Investment Management has paid $74.4 million, or $1,496/sf, for the 49,721-square-foot medical-office building at 9033 Wilshire Blvd. in Beverly Hills, Calif. The Chicago investment manager bought the property from UBS Realty Investors, which was represent by Newmark in the ...

Steve Leathers, a former managing director in JLL's health-care capital markets group, has launched a real estate investment management firm that is targeting medical-office buildings throughout the United States. His company is aiming to make $100 million of investments in ...

Real Estate NJ St. Joseph's Health has signed a lease to fully occupy a 140,000-square-foot medical-office property that is under construction in Totowa, N.J. CHA Developers is constructing the two-building complex, at 169 Minnisink Road, near Interstate 80 and about ...

Orlando Business Journal Upshot Capital Advisors has proposed building a 177,350-square-foot medical-office project in Orlando, Fla. The project, which is being called Upshot Medical Center at Mills Park, is being planned for a 2.6-acre development site at 1724 North Mills ...

BG Capital has sold a 90 percent stake in a portfolio of three medical-office buildings with 246,000 square feet in the Port Richmond area of Philadelphia to a venture of the Hampshire Cos. and Arbah Capital for $53.1 million. The ...