property type: Medical Office

Commercial Observer A venture of Morgan Stanley and Meridian Property Co. has paid $81.5 million, or $1,207/sf, for the Beverly Hills Medical Plaza, a 67,510-square-foot medical office property in Beverly Hills, Calif., about 12 miles west of Los Angeles. Morgan ...

San Fernando Valley Business Journal GPI Cos. has paid $23.9 million, or $468.76/sf, for the 50,986-square-foot medical-office building at 2701 West Alameda Ave. in Burbank, Calif. The Los Angeles real estate investment firm purchased the property from a private investor, ...

JLL Income Property Trust Inc. has paid $52 million, or $597.70/sf, for the 87,000-square-foot medical-office building at 9101 Stony Point Drive in Richmond, Va. The Chicago REIT, whose shares do not trade on any exchange, bought the property from Highwoods ...

Nuveen Global Cities REIT Inc. has paid $26 million, or $183.20/sf, for the Bucks Town Medical Campus, a five-building medical-office property with 141,920 square feet in the Philadelphia suburb of Langhorne, Pa. The non-traded REIT bought the property from First ...

South Florida Business Journal Healthcare Trust of America has paid $50 million, or about $471.10/sf, for the 106,135-square-foot medical-office building at 1905 Clint Moore Road in Boca Raton, Fla. The Scottsdale, Ariz., healthcare REIT bought the 15.5-acre property from 1905 ...

AZ Big Media CA Ventures has paid $33 million, or $359.46/sf, for Copper Point, a 91,805-square-foot medical-office building in Gilbert, Ariz. The Chicago investment management company purchased the property from West Coast Capital Partners of Los Angeles, which was represented ...

Dallas Morning News Centurion American Development Group is buying the former headquarters of CompuCom Systems in Dallas that it will redevelop into medical-office and residential space. The property, which has sat vacant for more than five years, sits on 20 ...

Two executives of the entity that owns a dozen medical-office properties in New Jersey and Florida, whose $77.67 million of CMBS financing has been in special servicing for two full years, are alleged to have misrepresented the properties' financial condition ...

A venture of Anchor Health Properties and the Carlyle Group has paid $26.75 million, or $489/sf, for Vista Medical Plaza, a 54,703-square-foot medical-office building in Vista, Calif. Anchor Health, of Charlottesville, Va., and the Carlyle Group, of Washington, D.C., purchased ...