property type: Medical Office
Paramount Realty Gets $215Mln of Financing for Mid-Atlantic Portfolio
Commercial Observer Paramount Realty has secured three fixed-rate loans totaling $215 million to refinance a portfolio of 30 retail, medical and office properties in Pennsylvania and Maryland. JLL Capital Markets arranged the loans through Investors Bank, OceanFirst Bank and Provident ...
Velocis to Build Medical-Office Complex in Fort Worth, Texas
Dallas Business Journal Velocis has plans to develop a two-building medical-office complex totaling 100,000 square feet in Fort Worth, Texas. The Dallas company recently bought the project's 8.5-acre development site off Interstate 20. Construction is slated to start later this ...
72,000-SF Medical Office Building Near Minneapolis Sells for $44Mln
Minneapolis/St. Paul Business Journal NorthWest Healthcare Properties has paid $44 million, or $611.11/sf, for PrairieCare Brooklyn Park, a 72,000-square-foot medical office property in Brooklyn Park, Minn. The Toronto REIT purchased the property from Harrison Street of Chicago, which had acquired ...
Local Developer Pays $32Mln for Bronx, N.Y., Property
REBusiness Online Simone Development Cos. has purchased Triangle Plaza Hub, a 50,000-square-foot medical-office and retail property in the Mott Haven section of the Bronx, N.Y., for $32 million, or $640/sf. JLL Capital Markets represented the seller, Triangle Equities. The seven-year-old ...
Owner of Triple-Net Leased Healthcare Properties Files to List Shares
Strawberry Fields REIT, a year-old company specializing in triple-net leased, skilled-nursing and other healthcare-related properties, has filed to go public. But it's doing so in an unusual way. Certain existing investors have registered to sell up to the 1.52 million ...
JLL Income Pays $22.2Mln for 3 Medical-Office Buildings Near Kansas City, Mo.
JLL Income Property Trust has paid $22.2 million, or $439.60/sf, for three medical-office buildings totaling 50,500 square feet in Roeland Park, Blue Springs and Kansas City, Mo. The Chicago REIT, whose shares do not trade on any exchange, purchased the ...
Heights Medical Tower
Wolf Capital Partners has bought the 120,000-square-foot Heights Medical Tower in Houston. The seller and purchase price were not disclosed. Heins Properties brokered the deal for the buyer. JLL arranged an undisclosed amount of acquisition financing from Origins Bank. Transwestern ...
175,000-SF Single-Tenant Industrial Property in Virginia Fetches $22Mln
An affiliate of Box Equities has purchased a 175,000-square-foot medical product-supply facility in Toano, Va., for $22 million, or $125.71/sf. The New York investor bought the two-story property from MICPAR Realty LLC of Williamsburg, Va., in a deal brokered by ...
120,000-SF Medical-Office Building in Houston Sold
Houston Business Journal Wolf Capital Partners has bought the 120,000-square-foot Heights Medical Tower in Houston. The seller and purchase price were not disclosed. Heins Properties brokered the deal for the buyer. JLL arranged an undisclosed amount of acquisition financing from ...
three medical-office properties that total 107,883 square feet in CityPlace
Davis has paid $45 million, or $417.12/sf, for three medical-office properties that total 107,883 square feet in CityPlace, a 100-acre mixed-use development in Woodbury, Minn. The seller was not disclosed. The Minneapolis investor purchased the properties through its Davis Medical ...
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