Healthcare

CBRE Brokers Sale of 39,300 SF Medical Office Building in Littleton, Colorado

by Amy Works August 14, 2025

LITTLETON, COLO. — CBRE, on behalf of Broe Real Estate Group, has arranged the sale of Mineral Medical Plaza, a Class A medical outpatient building in Littleton. Terms of the transaction were not disclosed. Located at 1501 W. Mineral Ave., the two-story Mineral Medical Plaza offers 39,300 square feet of medical office space, including a multi-speciality surgery center. The property was repositioned in 2020, undergoing extensive renovations to be transformed into an outpatient healthcare center. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Trent Jemmett, Jessie Greshin and Blake Holcomb of CBRE represented the seller in the deal.

August 14, 2025

Heritage-Regional-Medical-Center-Sherman

Development Healthcare Texas

Community Hospital Corp. to Develop $400M Acute Care Facility in Sherman, Texas

by Taylor Williams August 13, 2025

SHERMAN, TEXAS — A partnership led by Community Hospital Corp. will develop Heritage Regional Medical Center, a $400 million acute care facility that will be located within the Heritage Ranch master-planned community in the North Texas city of Sherman. The nonprofit facility will include 100 inpatient beds and the infrastructure to support future expansion of all major departments — surgery, imaging, emergency and outpatient services — by another 200 beds. The initial phase of Heritage Regional Medical Center is expected to account for about 400 new jobs, and future expansion should increase the employee count to over 1,000. National healthcare architectural firm ESa is designing the facility, and ADAMS Management Services Corp. will oversee construction. Construction is scheduled to begin early next year, with the opening slated for 2028.

August 13, 2025

Acquisitions Arizona Healthcare Nevada Western

Cypress West, TPG Angelo Gordon Acquire Three Medical Outpatient Buildings in Arizona, Nevada

by Amy Works August 11, 2025

TUCSON, ARIZ., AND LAS VEGAS — A joint venture between Cypress West Partners and TPG Angelo Gordon has purchased three medical outpatient buildings in Arizona and Nevada. Terms of the transactions were not disclosed. The partnership acquired La Cholla Medical Plaza, a two-building asset at 6130 N. La Cholla Blvd. In Tucson, in a fee-simple transaction. Totaling 68,000 square feet, the properties were 81 percent leased at the time of sale. Northwest Hospital occupies 34 percent of the medical plaza, which is located at the Northwest Medical Center campus. The joint venture also acquired MacFarlane Medical Center, a three-story building at 8325 W. Warm Springs Road in Las Vegas. Built in 2009, the fully leased property offers 39,279 square feet of multi-tenant space. The current seven tenants are in specialities including orthopedic, endocrinology, vascular, pediatrics, infusion, eyesore, pharmacy, hemostasis and thrombosis. The ground floor is occupied by a multi-speciality surgery center on a long-term lease.

August 11, 2025

Development Healthcare New Jersey Northeast

Hackensack Meridian Opens 90,000 SF Healthcare Facility in Clifton, New Jersey

by Taylor Williams August 8, 2025

CLIFTON, N.J. — Regional healthcare provider Hackensack Meridian has opened a four-story, 90,000-square-foot facility in the Northern New Jersey community of Clifton. Designed by Gensler, Hackensack Meridian Health & Wellness Center at Clifton is located on Prism Capital Partner’s ON3 campus, which is a redevelopment of the former Hoffmann-La Roche North American headquarters campus. Specialty practices offered at the facility include primary care, urgent care, rheumatology, gastroenterology, nephrology and orthopedics.

August 8, 2025

Acquisitions Healthcare Multifamily Oregon Western

Norris & Stevens Brokers $5.3M Sale of Residential Care Facility in Portland

by Amy Works August 6, 2025

PORTLAND, ORE. — Norris & Stevens has arranged the sale of a 16-room residential care facility located at 19909 SE Stark St. in Portland. The Pribeagu family sold the asset to an undisclosed buyer for $5.3 million. Constructed in 2003 and zoned for 34 beds, the 13,414-square-foot facility comprises two buildings on 1.4 acres. All 16 rooms are fully furnished and ADA compliant with private bathrooms and individual temperature control. Facility amenities include a full kitchen, three laundry rooms, an intercom system, office spaces, a large community room, two storage sheds and approximately 3,000 square feet of garage space. David Chatfield of Portland-based Norris & Stevens represented the seller, while Lindsay Murphy of Apex Real Estate Partners represented the buyer in the deal.

August 6, 2025

Development Georgia Healthcare Southeast

Piedmont Healthcare to Build $275M Hospital Expansion in Fayetteville, Georgia

by John Nelson July 30, 2025

FAYETTEVILLE, GA. — Piedmont Healthcare’s board of directors has approved a $275 million expansion and renovation project at Piedmont Fayette, an existing hospital campus in Fayetteville, about 28 miles southwest of Atlanta in Fayette County. The project will add a new patient tower with space for future expansion, as well as the renovation of 31,304 square feet that includes surgical rooms, a kitchen, lab, pharmacy, loading dock and central utility plant. Construction is expected to start in early 2026 and be completed within three years. The project represents Piedmont Healthcare’s largest capital investment since the Marcus Tower on the campus of Piedmont Atlanta, the health system’s founding hospital. Piedmont Fayette, formerly known as Fayette Community Hospital, opened in 1997 and was last renovated in 2017.

July 30, 2025

Acquisitions Healthcare Midwest Ohio

Cooper Group Brokers $8.8M Sale of Medical Office Building in Metro Cleveland

by Kristin Harlow July 30, 2025

CHAGRIN FALLS, OHIO — The Cooper Commercial Investment Group has brokered the $8.8 million sale of the Winbury Professional & Medical Center in the Cleveland suburb of Chagrin Falls. The 54,505-square-foot medical office building features landscaped grounds, private entrances and a conference room. Dan Cooper of Cooper Group represented the seller, a local real estate investment group out of Cleveland. The private West Coast-based buying group purchased the asset at 98 percent of the list price and $168 per square foot.

July 30, 2025

Healthcare Loans Northeast Pennsylvania

Nuveen Green Capital Provides $11M in C-PACE Financing for Philadelphia Healthcare Facility

by Taylor Williams July 29, 2025

PHILADELPHIA — Nuveen Green Capital has provided $11 million in Commercial Property Assessed Clean Energy (C-PACE) financing for a 138,157-square-foot healthcare facility in Philadelphia. The building at 3905 Ford Road is located in the Wynnefield Heights neighborhood on the city’s northwest side and is operated under the Malvern Treatment Centers brand. The borrower, BG Capital, plans to use the proceeds to fund capital improvements to the building envelope and heating, ventilation and air conditioning (HVAC) systems. Nuveen Green Capital originated the financing through the C-PACE administrator, the Philadelphia Energy Authority.

July 29, 2025

Acquisitions Healthcare Illinois Midwest

MedProperties Acquires 41,540 SF Medical Office Building in Chicago Ridge

by Kristin Harlow July 29, 2025

CHICAGO RIDGE, ILL. — MedProperties Realty Advisors, a Dallas-based healthcare real estate investor, has acquired Millennium Medical Center, a 41,540-square-foot medical office building in the southwest Chicago suburb of Chicago Ridge. The two-story property at 10604 Southwest Highway was built in 2018 by a group of local physicians. The lead tenant is an affiliate of US Oncology, a national network of more than 600 cancer treatment centers. A complementary tenant base that serves patients suffering from cancer and related ailments makes up the balance of the tenancy at the property. Old National Bank provided debt for the acquisition. The seller was the original physician group.

July 29, 2025

California Healthcare Loans Western

Gantry Arranges $85M Refinancing for Southern California Medical Office Portfolio

by Amy Works July 25, 2025

TORRANCE, CALIF. — Gantry has secured two loans, totaling $85 million, to refinance a portfolio of medical office properties serving the Torrance Memorial Medical Center’s physician, specialist and service provider communities. George Mitsanas, Braden Turnbull and Alicia Sabanero of Gantry arranged the loans for the private real estate investor. The 10-year, fixed-rate loans were secured through one of Gantry’s correspondent insurance company lenders and feature an introductory interest-only period, transitioning to 30-year amortization. Located in Torrance, the financed properties include the 10-building, 381,249-square-foot Skypark Medical and Office Center at Hawthorne Boulevard and SkyPark Drive and a 39,611-square-foot medical office building at 3640 Lomita Blvd.

July 25, 2025

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