Sendero Capital & Angelo Gordon Joint Venture Acquires New Haven MSA MOB
JLL Capital Markets announced on July 12 that it advised on the acquisition of a 53,120-square-foot medical office building (MOB) in Hamden, Connecticut. According to data captured in the LevinPro HC database, this represents the 120th MOB transaction of 2023 JLL represented Sendero Capital and Angelo Gordon, who have formed a programmatic joint venture (also arranged by JLL) for up to $300 million in investments in outpatient healthcare real estate over the next two years, in the acquisition. The purchase of the Hamden MOB is the first acquisition as part of the joint venture, which will focus on value-add and core plus outpatient medical office and surgery center assets throughout the... Read More »
Vitalis Acquires MOB in Tulsa, Oklahoma
Vitalis has acquired a 45,556-square-foot medical office building (MOB) in Tulsa, Oklahoma. The MOB is fully leased by three tenants, Oklahoma Heart Institute, Hillcrest HealthCare System and Lifestance Health. Oklahoma Heart Institute and Hillcrest HealthCare comprise 87% of the MOB. Services provided at the outpatient facility include a cardiac catheterization laboratory, imaging, electrophysiology and interventional cardiology. Vitalis is a vertically integrated real estate investment company focused on healthcare real estate investment sales, acquisitions and leasing across the United States. The MOB is strategically located less than a mile from Hillcrest Hospital South. Financial... Read More »
Four Corners Property Trust Acquires 5 Oak Street Properties
Four Corners Property Trust acquired five Oak Street properties for $24.3 million. Four Corners Property Trust, headquartered in Mill Valley, California, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. According to data captured in the LevinPro HC database, this transaction represents the 109th medical office building acquisition of 2023. This acquisition also marks’ Four Corners Property Trust’s 11th transaction of the year, expanding its... Read More »
Montecito Medical Acquires Northway Surgery and Pain Center Property for $5.5 Million
Medical real estate investment firm Montecito Medical announced its acquisition of the Northway Surgery and Pain Center property in Clifton Park, New York for $5.5 million. The 10,000-square-foot Northway Surgery and Pain Center building was constructed in 2014 for around $1 million. Northway Surgery is a joint venture between physicians at Albany & Saratoga Centers for Pain Management and New York Pain Management. The price is $550 per square foot. 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. This is Montecito’s... Read More »
Montecito Medical Acquires Two New Jersey MOBs
Montecito Medical Real Estate has acquired two medical office buildings (MOBs) in Livingston and New Providence, New Jersey from The Silverman Group. The two MOBs provide a range of medical services, including pediatrics, neurology, dermatology and radiology. The MOBs are fully leased to Summit Health, a healthcare provider serving the local communities. This acquisition marks Montecito’s entry into the New Jersey market. 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 billion in medical real estate. The seller was represented by Cushman & Wakefield. The... Read More »Schedule a demo
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