AEI Capital Acquires Chicago, Illinois Medical Outpatient Building for $7.51 Million
On January 8, AEI Capital Corporation announced that it made its first acquisition of 2025 with the purchase of a Chicago, Illinois medical outpatient building (MOB). The purchase price is $7.51 million. The MOB encompasses 25,000 square feet. The property is leased by an affiliate of Advocate Health, a not-for-profit healthcare organization that includes hospitals, standalone emergency departments, behavioral health services, skilled nursing facilities, rehabilitation services and urgent care centers throughout the greater Chicago MSA. The price of the MOB totals $300 per square foot. AEI brings decades of net lease property ownership expertise to the creation and... Read More »
Newmark Healthcare Capital Markets Advises on Medical Outpatient Building Transaction
On December 23, National Healthcare Properties, Inc. announced that it sold a medical outpatient building (MOB) in Winfield, Alabama. The buyer was not disclosed. Newmark Healthcare Capital Markets, a subsidiary of Newmark Group, advised National Healthcare Properties in the sale. The financial terms were not disclosed. The MOB is located on 638 Tahoe Road and is primarily a dialysis center. It is tenanted by Fresenius Medical Care, with approximately three years remaining on the lease. According to property records, the building comprises 5,500 square feet. National Healthcare Properties is a publicly registered real estate investment trust focused on acquiring a... Read More »
Colliers U.S. Healthcare Capital Markets Advises on Decatur, GA Transaction
On December 30, Colliers’ U.S. Healthcare Capital Markets team announced that it advised on a medical outpatient building (MOB) acquisition by an undisclosed buyer. Decatur Medical Plaza is a boutique urban MOB based in Decatur, Georgia. It is a 42,921 square foot MOB that is fully leased to an impressive roster of tenants including investment grade health system, Emory Healthcare (Moody’s: Aa2), and multiple private equity owned physician groups. Decatur Medical Plaza is strategically located less than two miles from both Emory Decatur Hospital and the flagship Emory University Hospital. The MOB features prominent visibility within vibrant Downtown... Read More »
Colliers’ U.S. Healthcare Capital Markets Advises on Athens, GA Transaction
Colliers’ U.S. Healthcare Capital Markets team announced that it advised on a medical outpatient building (MOB) acquisition by an undisclosed buyer. The property is a 36,678-square-foot MOB located in Athens, Georgia. The four-story facility is master-leased by Piedmont Healthcare on a long-term triple-net lease. The recently renovated MOB is adjacent to the 427-bed Piedmont Athens Regional Medical Center and serves in direct partnership with the neighboring hospital to deliver medical training and outpatient care to the surrounding community through the Piedmont Graduate Medical Education and Clay Community Care Clinic. The transaction closed on December 19, 2024. The... Read More »
Foothill Cardiology Acquires Pasadena Medical Outpatient Building
On October 10, it was announced that Foothill Cardiology acquired a medical outpatient building (MOB) in Pasadena, California. The two-story MOB consists of 20,100 square feet of office space. The building is positioned close to Huntington Hospital. Acuity Eye Group and Pasadena Advanced Surgery Institute occupy the offices. The price was approximately $562 per square foot. Foothill Cardiology is a cardiology practice. According to its website, the practice is run by more than 20 physicians out of seven locations across California. NAI Capital Commercial brokers John S. Archibald and Guillermo Olaiz completed the sale, representing the seller, while NAI... Read More »Schedule a demo
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