property type: Medical Office

Tampa Bay Business Journal AdventHealth has bought the 105,980-square-foot medical office building at 3500 East Fletcher Ave. in Tampa, Fla., for $15.9 million, or $150.03/sf. The Altamonte Springs, Fla., health system purchased the property from Eastbourne Investments Ltd. of Buffalo ...

Atlanta Business Chronicle Stonemont Financial Group has paid $23 million, or $383.33/sf, for the 60,000-square-foot Northside Medical Cumberland property in Smyrna, Ga. The Atlanta real estate investment and development company purchased the medical office building from Northside Hospital, which will ...

South Florida Business Journal A venture of Cypress West Partners and TPG Angelo Gordon has bought Del Mar Medical Park, a 101,546-square-foot medical office complex in Boca Raton, Fla., for $33.6 million, or $330.88/sf. Cypress West, of Rancho Santa Margarita, ...

Denver Business Journal An affiliate of Remedy Medical Properties has paid $41 million, or $264.24/sf, for Highlands Ranch I and II, a two-building medical office property totaling 155,164 square feet in Highlands Ranch, Colo. The Chicago company purchased the property, ...

Landesbank Baden-Wurttemberg and Tishman Speyer have provided a total of $119.2 million of mortgage financing against the 500 Forge St. building within the Arsenal Yards complex in the Boston suburb of Watertown, Mass. Landesbank provided $94 million of senior financing, ...

REBusiness Online Chicago Pacific Founders has paid $27.5 million, or $143.23/sf, for Maryland Trade Center III, a 192,000-square-foot medical office building in Greenbelt, Md. The company, which invests in the medical sector, including properties, bought the 36-year-old building from a ...

BlackRock Inc. has agreed to buy ElmTree Funds, a St. Louis investment manager that specializes in net leased industrial, office, and healthcare properties. BlackRock, the world's largest investment manager with more than $11.6 trillion of assets under management, said it ...

Commercial Real Estate Direct Staff Report Foothills Bank has provided $37.09 million of financing to facilitate Baseline Partners' $44.58 million purchase of the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz. Baseline, of Mesa, Ariz., purchased the property from MIG Real ...