property type: Medical Office

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.

Boston Business Journal The Boston Planning and Development Agency has approved Boston Global Investors' plans for a 518,500-square-foot office and laboratory project at 401 Congress St. in that city's Seaport District. The property also will have 50,000 sf of outdoor ...

A venture of Bain Capital Real Estate and Phase 3 Real Estate Partners Inc. has completed the sale of the Genesis South San Francisco life-sciences complex to Ventas Inc., in a deal valued at $1.02 billion, or $1,280.50/sf. The three-building ...

Rentv.com Healthcare Realty Trust has bought the 22,600-square-foot Trico Sycamore Plaza medical-office building in Orange, Calif., for $14 million, or $619.47/sf. The seller, which was not identified, developed the property in 2003 and renovated it in 2018. Cushman & Wakefield ...