Apex Physics Partners Expands National Footprint With Partnership
Apex Physics Partners, a portfolio company of Blue Sea Capital, announced this week that it has partnered with Medical Physics Consulting Inc., headquartered in Bixby, Indiana. The new partnership expands Apex’s national footprint in Illinois, Missouri and Oklahoma. Financial terms of the deal were not disclosed. Founded by Board-certified medical physicist Russell Gerber, Medical Physics Consulting is a leading provider of therapy medical physics and dosimetry consulting services across Missouri, Illinois and Oklahoma. Apex Physics Partners is a medical physics business services support organization. Partner physics practices receive an array of support services including... Read More »
Breakthrough Properties Acquires Callan Ridge
On January 10 it was announced that Breakthrough Properties, a joint venture of global developer Tishman Speyer and biotechnology investment firm Bellco Capital, was purchasing Callan Ridge, a life science campus in San Diego. Callan Ridge is a two-building Class-A life science campus nearing completion in San Diego’s preeminent Torrey Pines cluster. The 185,000-square-foot campus is fully leased to Turning Point Therapeutics, Inc., a subsidiary of Bristol-Myers Squibb. It was built in 2021 by Healthpeak Properties, which acted as the seller in this transaction. Breakthrough Properties is a life science real estate development company that leverages cross-sector... Read More »
Clarest Health Acquires Remedi SeniorCare
Clarest Health, a leading personalized medication management provider, announced that it has acquired Remedi SeniorCare, giving Clarest the size and scale to lead the post-acute care market. The U.S. market for pharmacy care for the post-acute patient population is $5.7 billion, and the U.S. Rx fill market for medically complex patients is $115 billion, according to interviews, research and analysis from L.E.K. Financial terms of the deal were not disclosed. Headquartered in Towson, Maryland, Remedi SeniorCare is a long-term and post-acute care pharmacy services provider. Renowned for its long-term care pharmacy services and proprietary medication management system PAXIT® and its... 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 »
