The property is fully leased by MarinHealth.
South Florida Business Journal Game Properties has sold Esplanade Center, a 79,381-square-foot commercial and medical office complex in Coral Springs, Fla., for $26.5 million, or $333.83/sf. The company, managed by Firpo Garcia of Coral Gables, paid $4.9 million for the ...
Anchor Health Properties has paid $24 million, or $879.22/sf, for the 27,297-square-foot Bon Air Medical Center in the San Francisco suburb of Larkspur, Calif. The Charlottesville, Va., developer acquired the medical office building, at 2 and 18 Bon Air Road, ...
Webster Bank has provided a $33.84 million loan to help fund the $42.3 million, or $287/sf, purchase of the 147,520-square-foot medical office building at 6201 15th Ave. in the Borough Park section of Brooklyn, N.Y. The Stamford, Conn., bank's loan ...
SKS Partners, which owns the 84,500-square-foot medical office property at 3838 California St. in San Francisco, has refinanced the property with a $20.9 million loan from a life insurance company. The three-year loan, which pays a fixed coupon, was arranged ...
Sendero Capital has paid $31.55 million, or $411.34/sf, for the 76,701-square-foot medical office property at 200 Unicorn Park in the Boston suburb of Woburn, Mass. The Boston investor formed a programmatic joint venture with TPG Angelo Gordon two years ago ...
Commercial Real Estate Direct Staff Report Sendero Capital has paid $31.55 million, or $411.34/sf, for the 76,701-square-foot medical office property at 200 Unicorn Park in the Boston suburb of Woburn, Mass. The Boston investor formed a programmatic joint venture with ...
The building is about 95% leased.
South Florida Business Journal An affiliate of Tenet Healthcare Corp. has bought the Victor Farris Building, a 164,082-square-foot property in West Palm Beach, Fla., for $62 million, or $377.86/sf. The healthcare provider's Good Samaritan Medical Center subsidiary purchased the nine-story medical ...
The national vacancy rate for medical office properties was 5.8% as of June, according to Transwestern. That compares with the 14.5% vacancy rate for traditional offices. Medical offices also enjoy more rapid revenue growth and fewer loan delinquencies.
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