Stage Equity Partners Acquires Medical Office Building Portfolio in Libertyville
An affiliate of Stage Equity Partners LLC has acquired The Hollister Medical Office Portfolio in Libertyville, Illinois from Hollister Incorporated, an international medical supply manufacturer with its corporate headquarters in an adjacent 300,000-square-foot building. The deal was announced on November 27, 2023, and marks the 181st Medical Office Building (MOB) transaction of 2023. The Hollister Medical Office consists of two buildings that total 91,818-square-foot. The portfolio consists of the three-story, 57,585-square-foot building at 1800 Hollister Drive that sits on 7.9 acres and was building in 1999. The other facility is a three-story, 34,233-square-foot building at 1900... Read More »
Echo Real Estate Capital Acquires Carmel, IN Medical Office Building
Echo Real Estate Capital, Inc. announced it has acquired a 33,000-square-foot medical office building (MOB) located in the Penn Mark Plaza office park in Carmel, Indiana. The MOB is occupied by Ascension-St. Vincent, Turkle & Associates Center for Plastic Surgery and Abram’s Eyecare – a third-generation practice with three locations. Echo Real Estate Capital is a full-service real estate investment and development firm with a national platform specializing in build-to-suit development, value-add investments, sale/leasebacks and capital markets advisory services for healthcare providers, national retailers, industrial manufacturing and distribution companies and general... Read More »
BayCare Health Acquires 49-Physician Health Clinic
Clearwater, Florida-based BayCare Health System has announced that it is acquiring Gessler Clinic, a physician-owned medical group, effective December 2, 2023. Gessler Clinic is based in Winter Haven, Florida. The clinic has 49 physicians covering 24 specialties, according to its website. BayCare Health is a not-for-profit healthcare system that operates 16 hospitals and hundreds of outpatient locations throughout the Tampa Bay and central Florida regions. Most of the Gessler Clinic providers and team members will join BayCare, including BayCare Medical Group, Tampa Bay’s leading multi-specialty group. Financial terms of the deal were not disclosed. According to data... Read More »
Thrive Precision Health Announces Acquisition of Heal Diabetes
Thrive Precision Health announced on November 17 that it has entered into an agreement to acquire Heal Diabetes, which operates two diabetes clinics in Hawaii. The clinics are located in Honolulu and Waianae and have treated more than 350 patients in 2023. Thrive Precision Health, formerly Thrive Global Biosafety and China New Energy Group Company, is building a global diabetes care powerhouse. The company is starting or acquiring healthcare clinics specializing in diabetes care and bringing in cutting-edge technologies to to improve the quality of care provided at the clinic. Thrive Precision Health, alongside its subsidiary Thrive Testing and Biosafety Inc., will acquire the two... Read More »
ArchiMed Expands Clinical Research Organization Portfolio
ArchiMed announced it has acquired two clinical contract research organizations (CRO): Port Jefferson, New York-based Symbio, LLC and Proinnovera GmbH, in Munster, Germany. According to data captured in the LevinPro HC database, this transaction marks the 37th CRO acquisition of the year. Between January 1, 2022, and November 17, 2022, there were also 37 CRO transactions announced, showing a healthy and stable CRO market. Symbio offers expertise in proof-of-concept, medical devices and Phase 1 – Phase 4 clinical studies and has completed more than 200 clinical studies to date. Proinnovera was founded in 1997. It serves more than 100,000 patients across more than 4,500... Read More »Schedule a demo
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