Behind the Deal: HREA Secures Buyer for Chapel Hill MOB in 1031 Exchange Deal
HREA | Healthcare Real Estate Advisors announced that it procured an all-cash 1031 exchange buyer for the sale of a Chapel Hill, North Carolina medical outpatient building (MOB). We spoke with Christopher Stai, Managing Director of HREA, who was able to provide insight into the transaction. HREA, based in Raleigh, North Carolina, with offices in San Diego and Denver, is a leading advisor in the healthcare real estate sector, specializing in providing healthcare providers, investors and developers with acquisition, disposition and capitalization strategies throughout the United States. The MOB is 100% leased and occupied by UNC Physicians Network, a healthcare network of more... Read More »
Headlands Research Acquires Trial Management Associates
Headlands Research has announced the acquisition of Trial Management Associates (TMA). The addition of TMA extends Headlands Research’s southeastern U.S. geographical reach. The Headlands Research network now includes 21 sites across the United States and Canada. Financial terms of the deal were not disclosed. TMA is a multi-site clinical research company with locations in North and South Carolina. The company is headquartered in Wilmington, North Carolina, with an additional location in Myrtle Beach, South Carolina. TMA brings experience across various therapeutic specialties, including vaccines, endocrinology and more. Headlands Research, a portfolio company of KKR & Co., is a... Read More »
El Paso, Texas MOB Acquired by Healing Realty Trust
Healing Realty Trust (HRT) announced the acquisition of a multi-tenant medical outpatient building (MOB) in El Paso, Texas, enhancing its clinic-focused portfolio. The MOB is being acquired for $7.15 million. The acquired asset is comprised of 50,213 square feet and is leased to a diverse range of medical tenants, including WellMed, Quest Diagnostics, Optum and Universal Health Services, with the opportunity to further enhance occupancy. The MOB is within a few miles of major hospitals (including both HCA Healthcare and Tenet Healthcare hospital systems), ambulatory surgery centers, long-term acute care hospitals, the University of Texas El Paso campus, Texas Tech Medical School and to... Read More »
Remedy Medical Properties and Kayne Anderson Real Estate Add a Montana MOB to Their Portfolio
Remedy Medical Properties and Kayne Anderson Real Estate have announced the acquisition of a Montana property from a joint venture between United Surgical Partners International (USPI) and Bozeman Health. The acquired asset (often called the Bozeman Health Cottonwood Clinic + Surgery Center) is a 58,872-square-foot medical outpatient building (MOB) and ambulatory surgery center (ASC) in Bozeman, Montana. The MOB was built in 2021 and sits on 5.02 acres of land. It is 100% occupied by three tenants: the West Bozeman Surgery Center, Deaconess Intercity Imaging Center and Bozeman Deaconess Health Services. In addition to the ASC, the facility offers family and pediatric medicine, internal... Read More »
