SkyView Advisors Closes Sale of Florida MOB Portfolio
SkyView Advisors announced that it closed its first healthcare transaction of 2024 with the sale of a medical office building (MOB) portfolio. The portfolio is located in Lakeland and Winter Haven, Florida and consists of three facilities that total 50,000 square feet. Both the buyer and seller were not disclosed. The financial terms were not disclosed, either. SkyView Advisors is a national commercial real estate brokerage firm. The company is based in New Jersey. According to data captured in the LevinPro HC database, this transaction marks the 16th MOB acquisition of 2024. In 2023, 193 MOB transactions were reported. Read More »
UDLR Healthcare Buys Medical Office Building for $13.5 Million
JLL Capital Markets announced on January 17 that it arranged the $13.5 million sale and the $10.1 million acquisition financing for a medical office building (MOB) in Glendale, Arizona. The buyer was UDLR Healthcare, and the seller was Banner Health. Thunderbird Medical Pavilion is a 92,811-square-foot MOB, whose tenants include imaging, cardiovascular surgery specialists, general surgery specialists, ear nose and throat physicians and obstetrics/gynecology providers. It is 50% leased with more than 7 years of remaining lease term. Focused on investing in MOBs, UDLR Healthcare is a partnership between GI Partners and a team of former executives from Healthcare Trust of... Read More »
Orbvest Acquires West Palm Beach MOB
Colliers International announced that it brokered the sale of a medical office building (MOB) in West Palm Beach, Florida for $8.3 million. Colliers International represented Triple Double Real Estate, the seller. The building is situated within walking distance of the HCA Florida JFK North Hospital. According to county records, the building is 43,797 square feet. The price is approximately $190 per-square-foot. OrbVest is a global real estate company that invests in medical commercial real estate in the United States. OrbVest has a portfolio of more than 1.4 million square feet representing approximately $400 million of specialized medical real estate under management. ... Read More »
Big Sky Medical Acquires First MOB in Phoenix Market
Big Sky Medical has entered the Phoenix, Arizona market with the purchase of the 252,000-square-foot Blackhawk Medical Center. ViaWest Group sold the three-building medical and office campus for $46 million, according to Maricopa County records. Blackhawk Medical Center previously changed hands in 2018, when ViaWest purchased it from Cohen Asset Management for $33.8 million. Completed between 1997 and 1998, the campus comprises Blackhawk Center I, a 138,450-square-foot, Class B office building, alongside Blackhawk Center II and III, which total 113,810 square feet and include medical office space. Big Sky Medical is a national real estate investment management firm that invests... Read More »
Local Medical Group Acquires Medical Office Building in Raleigh
A local physician group has purchased a medical office building (MOB) in Raleigh, North Carolina for nearly $17.8 million. According to data captured in the LevinPro HC database, this acquisition marks the 190th MOB acquisition of the year. Wake Internal Realty III, an LLC tied to Wake Internal Medicine, acquired the MOB on Blue Ridge Road near UNC Rex Hospital in early December, according to Wake County deed records. The building is 48,000 square feet and the purchase price is approximately $370 per square foot. The MOB was purchased from The Keith Corporation in Charlotte, North Carolina, which developed and built the building. Matt Johnson, Chief Administrative... Read More »Schedule a demo
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