Healthcare Archives - REBusinessOnline

JLL Income Property Trust Buys 42,000 SF Roseville Outpatient Center Near Sacramento

Amy Works — Thu, 17 Sep 2026 13:02:52 +0000

ROSEVILLE, CALIF. — JLL Income Property Trust has purchased Roseville Outpatient Center, a Class A medical outpatient building in Roseville, for $19 million. The name of the seller was not released. Situated in a suburban submarket of Sacramento, Roseville Outpatient Center features 42,000 square feet of space that is 95 percent leased by a mix of tenants, anchored by a leading healthcare tenant, with an approximately 12-year weighted average lease term. The property was fully redeveloped in 2024 with build-outs and improvements to equip the building for specialized medical uses.

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Colliers Brokers $13.6M Sale of Medical Office Portfolio in Toms River, New Jersey

Taylor Williams — Wed, 09 Sep 2026 14:37:38 +0000

TOMS RIVER, N.J. — Colliers has brokered the $13.6 million sale of a portfolio of two medical office buildings totaling 55,680 square feet in Toms River, located near the Jersey Shore. The buildings at 1-3 Plaza Drive total 37,621 and 18,059 square feet, respectively, and had a combined occupancy rate of 98 percent at the time of sale. Tenants include Physicians Surgicenter, University Radiology Group and Astera Cancer Care. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers represented the seller, New Jersey-based Horizon Equities, in the transaction. The buyer was undisclosed.

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JLL Negotiates $7.9M Sale of Medical Office Building in Wayne, New Jersey

Taylor Williams — Fri, 04 Sep 2026 13:40:00 +0000

WAYNE, N.J. — JLL has negotiated the $7.9 million sale of a 37,770-square-foot medical office building located at 601 Hamburg Turnpike in the Northern New Jersey community of Wayne. The three-story building was completed in 2002 and was 97 percent leased at the time of sale. Jeremy Neuer, Michael Kavaler, J.B. Bruno and Cody Johnson of JLL represented the seller, March Associates, which also houses its headquarters within the building, in the transaction and procured the buyer, Pinnacle Group of Hudson Valley.

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Marcus & Millichap Brokers Sale of 14,000 SF Medical Office Building in West Houston

Taylor Williams — Fri, 04 Sep 2026 12:30:00 +0000

HOUSTON — Marcus & Millichap has brokered the sale of a 14,000-square-foot medical office building in West Houston. The building at 19304 Katy Freeway was constructed in 2024 and was roughly 40 percent leased at the time of sale to Excel Urgent Care. The undisclosed buyer plans to occupy the remainder of the space. Joseph Jaques, Alex Wolansky, Ron Hebert and Gus Lagos of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Davis Acquires Minnesota Outpatient Medical Portfolio for $31.3M

Kristin Harlow — Mon, 31 Aug 2026 15:14:37 +0000

MINNESOTA — Davis, a national healthcare real estate investment, development and management firm based in Minneapolis, has acquired a four-building outpatient medical portfolio from Lakeview Clinic for $31.3 million. The 114,346-square-foot portfolio includes properties in Waconia, Norwood, Chaska and Watertown. As part of the transaction, Lakeview extended its leases at each property. Founded in Waconia in 1957, Lakeview has grown to 62 providers across four locations offering a range of primary and specialty care services.

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Marcus & Millichap Brokers $24.5M Sale of Medical Office Building in Germantown, Tennessee

Abby Cox — Mon, 31 Aug 2026 13:21:53 +0000

GERMANTOWN, TENN. — Marcus & Millichap has brokered the $24.5 million sale of Conrad Pearson Clinic, a 33,777-square-foot medical office building located in Germantown, roughly 21 miles southeast of Memphis. Spencer Koch and Chris Biuso of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity. Jody McKibben served as Marcus & Millichap’s broker of record in Tennessee in the transaction. Built in 2002 at 1325 Wolf Park Drive, Conrad Pearson Clinic and its integrated affiliate, the Wolf River Surgery Center, fully occupied the property at the time of sale, according to LoopNet Inc. The property is situated near Methodist Le Bonheur Germantown Hospital, Saint Francis Medical Partners Germantown and Baptist Memorial Rehabilitation Hospital.

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Venture West Group Sells Innovation Park in Oro Valley, Arizona for $21.2M

Amy Works — Thu, 27 Aug 2026 13:58:49 +0000

ORO VALLEY, ARIZ. — Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. Robert Glaser, Richard Kleiner, Greg Furrier, Alexis Corona and Natalie Furrier of Cushman & Wakefield | PICOR represented the seller in the transaction. Kate Zimmerman, also with Cushman & Wakefield | PICOR, supported the transaction. Located at the northwest corner of Oracle and Tangerine roads, the business park is home to a variety of tenants, including Roche Tissue Diagnostics, the University of Arizona Center for Innovation at Oro Valley and Oro Valley Hospital.

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Landes Group Acquires Healthcare Center in Central Arkansas, Signs UAMS as Operator

John Nelson — Wed, 26 Aug 2026 14:06:14 +0000

BRYANT, ARK. — The Landes Group has acquired Encore Medical Center, a 108,055-square-foot healthcare property in Bryant, about 19 miles southwest of Little Rock. The Dallas-based owner also finalized a long-term lease agreement with the University of Arkansas for Medical Sciences (UAMS), which will operate the facility that formerly operated as the Arkansas Heart Hospital. The seller and sales price were not disclosed. CGA Capital provided an undisclosed amount of acquisition financing for Landes Group.

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Greater Cleveland Market Overview: Growth, Investment and Recognition

Kristin Harlow — Wed, 26 Aug 2026 12:30:00 +0000

By Kevin Malinowski, Colliers | Cleveland-Akron Greater Cleveland continues to strengthen its position as one of the Midwest’s most competitive business and commercial real estate markets with Ohio’s recognition as CNBC’s No. 1 “State for Business in 2026,” a distinction driven by strong infrastructure, competitive operating costs, strategic market access and a growing supply of development-ready sites. Those advantages are translating into corporate investment, job creation, real estate activity and public-private partnerships across Northeast Ohio. High-profile investments are helping fuel the region’s momentum. According to reports, Cleveland Clinic is investing more than $1 billion in healthcare, research and innovation initiatives, including construction of its new Neurological Institute on its main campus. Nearby, Canon Healthcare USA acquired a building near Cleveland Clinic’s main campus for its U.S. headquarters and operations. Sherwin-Williams recently completed its new downtown headquarters and suburban research campus. The project is widely regarded as one of the largest corporate investments in the city’s history and reflects the company’s continued presence and investment in the region. Like many other downtown office markets, Cleveland’s office sector is evolving as companies optimize workspace needs. That said, Cleveland has emerged as a notable leader for converting office to residential with projects such as…

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Marcus & Millichap Arranges $3.6M Sale of Missouri Medical Office Property

Kristin Harlow — Tue, 25 Aug 2026 13:02:00 +0000

OSAGE BEACH, MO. — Marcus & Millichap has arranged the $3.6 million sale of Parkside Village, a medical office building with 10 fully occupied suites in Osage Beach. The 28,400-square-foot property is situated within the Lake of the Ozarks region and across from the Lake Regional Health System campus. Built in 2008 and renovated in 2021, the building rises two stories. Most tenants have more than five years remaining on their leases. Alec Coronado of Marcus & Millichap represented the seller, a Missouri-based medical office investor. The buyer was undisclosed.

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JLL Arranges Refinancing of 48,312 SF Medical Office Building in New Providence, New Jersey

Taylor Williams — Mon, 24 Aug 2026 15:09:03 +0000

NEW PROVIDENCE, N.J. — JLL has arranged a loan of an undisclosed amount for the refinancing of a 48,312-square-foot medical office building in New Providence, about 25 miles west of New York City. Murray Hill Medical Office Building was 95 percent leased at the time of the loan closing, with Atlantic Health Group and New Providence Dentistry serving as the anchor tenants. Ryan Carroll and Matthew McManus of JLL arranged the loan through an undisclosed life insurance company on behalf of the owner, MEARJ Properties.

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Equus Capital Sells Surgical Center in Chalfont, Pennsylvania for $12M

Taylor Williams — Fri, 21 Aug 2026 14:12:06 +0000

CHALFONT, PA. — An affiliate of local owner-operator Equus Capital Partners has sold a 52,622-square-foot surgical center in Chalfont, about 30 miles north of Philadelphia, for $12 million. The facility is located within New Britain Corporate Center and was fully leased at the time of sale to four tenants with a weighted average remaining lease term of 8.7 years. Doug Rodio, Jerome Kranzel and Bruer Kershner of CBRE represented the seller in the transaction. The buyer was Pruthi Properties.

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REDICO, One Orchard Launch Medical Outpatient Investment Platform InfraMed

Kristin Harlow — Fri, 21 Aug 2026 13:09:00 +0000

SOUTHFIELD, MICH. AND NEW YORK CITY — Southfield-based REDICO has launched InfraMed Properties, a healthcare infrastructure investment and operating platform formed in partnership with New York City-based One Orchard, a newly established real assets investment firm. InfraMed is structured to acquire, develop, own, lease and manage medical outpatient properties across the United States. InfraMed launches with a 25-asset portfolio across 16 states that are anchored by credit-backed tenants affiliated with health systems and specialty care providers. The platform is targeting more than $1 billion of investments capitalized through a combination of programmatic equity and debt financing from Fifth Third Bank. “InfraMed reflects REDICO’s conviction that medical outpatient buildings are a fundamentally stable class of real estate — one whose value will continue to grow as America’s aging population drives escalating demand for care. It is an opportunity for us to extend our expertise as an investor and owner of seniors housing communities into a complementary healthcare sector,” says Dale Watchowski, president and CEO of REDICO.

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Cushman & Wakefield Arranges $450M Sale of Tri-State Commercial Portfolio

Taylor Williams — Thu, 20 Aug 2026 15:06:06 +0000

NEW YORK CITY — Cushman & Wakefield has arranged the $450 million sale of a four-property commercial portfolio located throughout the greater New York City area. The portfolio comprises existing multifamily, retail, healthcare and industrial buildings spanning roughly 4 million square feet, as well as multiple development sites totaling roughly 300 acres, in the following markets: East Fishkill, N.Y., Edgewater, N.J., Norwalk, Conn. and Yonkers, N.Y. Specifically, the portfolio includes iPark 84, a 270-acre, 1.8 million-square-foot industrial campus in East Fishkill that was originally built to be IBM’s flagship semiconductor manufacturing plant and can support another 1.5 million square feet of new development. Other properties within the portfolio include Edgewater Harbor, a 262-unit waterfront apartment complex with 60,000 square feet of retail space; a 400,000-square-foot mixed-use development in Norwalk that is anchored by a Northwell Health medical outpatient facility; and Trilogy Lofts, a newly constructed, 97-unit apartment building in Yonkers. Andy Merin, Frank DiTommaso and Ryan Dowd of Cushman & Wakefield represented the undisclosed seller in the transaction. The buyer was a partnership between New York-based Saber-Hightower, Waterfall Asset Management and Dallas-based Lincoln Property Co. John Alascio, Alex Hernanez, Brad Domenico, Chuck Kohaut and Mitch Rothstein, also with Cushman…

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How The No Surprises Act Created New Economics for Emergency Care Real Estate in Texas

Taylor Williams — Thu, 20 Aug 2026 11:57:00 +0000

By Sean Anderson, senior associate, Partners Real Estate When Congress passed the No Surprises Act (NSA) in December 2020, the goal was straightforward: protect patients from the exorbitant, unpredictable bills that had become synonymous with emergency care and rein in some of the pricing power that out-of-network physicians and freestanding facilities had come to enjoy. On paper, the law delivered. By requiring that out-of-network emergency treatment be billed at the same rate a patient would owe for in-network care, the NSA eliminated an estimated 10 million surprise bills in just the first nine months of 2023 and pushed down the overall cost of emergency room (ER) procedures across the board, according to the second annual report to Congress from the U.S. Department of Health and Human Services. For patients, it was an unambiguous win. For the physician groups and real estate operators that had built business models around emergency medicine, however, the law landed as a direct hit to the bottom line. Out-of-network reimbursements initially fell by roughly 40 percent, according to an FTI Consulting analysis of the provider side of the law, and bankruptcy filings for healthcare operators hit their highest level in five years, tripling from 2021 to…

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Meridian Acquires Pasadena Medical Office Building for $13.3M, Arranges Long-Term Lease With Huntington Health

Amy Works — Wed, 19 Aug 2026 14:11:23 +0000

PASADENA, CALIF. — Meridian has acquired 55 East California Boulevard, a medical office building located adjacent to Huntington Hospital in Pasadena, for approximately $13.3 million. Concurrent with the purchase, Meridian finalized a long-term lease with The Huntington Physicians, an affiliate of Huntington Health and Cedars-Sinai Health System, for the entire second floor of the 32,052-square-foot property. Meridian entered escrow on the property in September 2025 and worked with the City of Pasadena to update its zoning code to permit medical office use as a conforming use within the applicable zoning district. As part of the repositioning effort, Meridian has arranged a new 10-year lease with The Huntington Medical Foundation covering approximately 10,619 square feet on the building’s second floor. Angie Weber of CBRE represented Meridian, while Jackie Benavidez and Damon Feldmeth of CBRE represented Huntington Medical Foundation in the lease transaction. Mark Shaffer and Cody Chiarella of CBRE represented Meridian in the sale transaction.

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Transwestern Arranges $65M Sale of Medical Outpatient Building in Downtown Jacksonville

John Nelson — Wed, 19 Aug 2026 13:39:37 +0000

JACKSONVILLE, FLA. — Transwestern has arranged the $65 million sale of Southbank Medical Pavilion, a 493,012-square-foot medical outpatient building located at 841 Prudential Drive in downtown Jacksonville. The buyer, Baptist Health, operates its flagship hospital campus adjacent to the 22-story property. Steve Leathers, Bill Boyd, Seth Gilford, Jake Jordan, Angela Heidman and Max Hastings of Transwestern represented the seller, Alpharetta, Ga.-based ShareMD, in the transaction. Situated on 7.9 acres along the south bank of the St. Johns River, Southbank Medical Pavilion was 94 percent leased at the time of sale.

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Marcus & Millichap Arranges $2.1M Sale of Medical Office Property in Grand Rapids

Kristin Harlow — Tue, 18 Aug 2026 13:15:27 +0000

GRAND RAPIDS, MICH. — Marcus & Millichap has arranged the $2.1 million sale of East Paris Medical Center, a 10,011-square-foot, three-suite medical office property in Grand Rapids. Seth Haron, Ashish Vakhariya and Darin Gross of Marcus & Millichap represented the seller, a local private investor and retired physician. Located at 1155 E. Paris Ave. SE, the building is fully leased and anchored by Trinity Health Michigan.

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Cushman & Wakefield Arranges $19.9M in Acquisition Financing for Medical Office Buildings in Scottsdale

Amy Works — Fri, 14 Aug 2026 13:05:33 +0000

SCOTTSDALE, ARIZ. — Cushman & Wakefield has arranged $19.9 million in acquisition financing for Edwards Professional Park I & II in Scottsdale. Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets team arranged the debt through an undisclosed regional bank on behalf of the borrower, Albany Road, a Boston-based private equity real estate investment firm. Located at 10752 N. 89th Place and 8952 E. Desert Cove Ave., Edwards Professional Park I & II features 91,469 square feet spread across two buildings. At the time of the loan closing, the buildings were 91 percent leased to 47 medical and healthcare-related tenants in fields such as dentistry, orthopedics, gastroenterology, dermatology, behavioral health, physical medicine, infusion therapy and aesthetic medicine practice.

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Outpatient Care Is Becoming Valued Member of Mixed-Use Developments

John Nelson — Thu, 13 Aug 2026 11:30:00 +0000

By Emily Buchanan of Gensler For decades, healthcare delivery was something that happened somewhere else: a hospital campus on the edge of town, a medical office park behind a parking garage, a clinic that required a car and a calendar. Today, patient expectations have shifted. Health systems chase convenience, and outpatient facilities are moving closer to where people live. For mixed-use developers, that shift represents one of the most compelling value propositions available: healthcare not as a use, but as an amenity. The case isn’t complicated. Locating outpatient clinics within a mixed-use development improves quality of life for residents, provides healthcare tenants with a stable and captive patient base and gives medical staff a commute that doesn’t erode the beginning and end of every shift. When all three outcomes land in the same project, developers are not just filling square footage; they are building a functioning community. Developer’s perspective Healthcare tenants are, by almost every measure, among the most valuable tenants a mixed-use developer can attract. They sign long-term leases, they withstand economic downturns, and they generate consistent daily foot traffic that benefits the retail and food-and-beverage tenants around them. Pharmacies, fitness studios and cafés thrive when an outpatient clinic…

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