Sendero Capital and Angelo Gordon Acquire Exeter Medical Office Building
JLL announced on August 10 that Sendero Capital and Angelo Gordon entered an agreement to acquire a medical office building (MOB) in Exeter, New Hampshire. JLL represented Sendero Capital and Angelo Gordon. Financial terms were not disclosed. The 82,000-square-foot property is 92% leased to medical tenants. Its anchors are Access Sports Medicine, Seacoast Pathology and Exeter Hospital. Sendero Capital is a privately held real estate investment, development and advisory firm based in Boston, Massachusetts. The principals of the firm have decades of experience investing in, developing and managing large portfolios of real estate across the United States, including millions of square feet in... Read More »
Harrison Street Acquires MOB in Escondido, California
Harrison Street, with approximately $56 billion in assets under management, announced the acquisition of Palomar Health Outpatient Center III in Escondido, California for an undisclosed price. Palomar Health Outpatient Center III is a newly developed 72,000 square foot medical office building (MOB) located on the modern campus of Palomar Medical Center Escondido (PMCE). The 56-acre PMCE campus was purpose-built to serve the North County San Diego region. Anchored by Palomar Medical Center, a 288-bed acute care hospital constructed in 2012, the campus also includes three Class-A MOBs that are 100% leased to the Palomar Health system. Harrison Street is headquartered in Chicago with offices... Read More »
Montecito Medical Acquires Hammond, Indiana MOB
Montecito Medical announced on August 9 the acquisition of an 11,118-square-foot medical building (MOB) in Hammond, Indiana. The building is 100% occupied by the Williams Eye Institute and serves as the group’s flagship location. The property is situated approximately 25 miles south of downtown Chicago. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate. Montecito worked alongside broker Entheos Capital Partners in completing the transaction. The acquisition expands Montecito’s footprint in the Chicago MSA. The company had... Read More »
Sendero Capital & Angelo Gordon Joint Venture Acquires Providence, Rhode Island MOB
JLL Capital Markets announced on August 3 that it advised Sendero Capital and Angelo Gordon on the acquisition of a 30,000-square-foot medical office building (MOB) in Providence, Rhode Island for an undisclosed price. According to data captured in the LevinPro HC database, this represents the 120th MOB transaction of 2023. Constructed in 2006, the 30,000-square-foot MOB is currently 96% leased to Lifespan Health System and clinical medical tenants offering a variety of services, including urgent care, primary care, imaging, pediatric care, physical therapy and pathology. Sendero Capital is a privately held real estate investment, development and advisory firm based in Boston,... Read More »
CBRE Arranges Sale of Fayetteville, Georgia MOB Portfolio
CBRE has announced that it arranged the sale of a medical office building (MOB) portfolio spanning 192,363 square feet across two buildings in Fayetteville, Georgia. A joint venture between Remedy Medical Properties and Kayne Anderson Capital Advisors acquired the portfolio for an undisclosed price. A team from CBRE arranged the sale and represented the seller, Piedmont Healthcare, in the transaction. The properties are directly connected to the 310-bed Piedmont Fayette Hospital. Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with more than 26 million square feet and more than 20 offices... Read More »Schedule a demo
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