NAI Hiffman Helps Pediatric Group Expand to Third Location
Connect CRE » Healthcare
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3d ago
NAI Hiffman represented Hummingbird Pediatric Therapies in its expansion to a third location in Chicago’s west suburbs. Hummingbird signed a lease for 10,523 square feet within a single-story office building at 501 W. Lake Street in Elmhurst, Illinois. Aubrey Englund, executive vice president of office services at NAI Hiffman, represented Hummingbird in the transaction. Norm Murdoch ..read more
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Cypress West, TPG Angelo Gordon JV to Acquire Sunbelt MOBs
Connect CRE » Healthcare
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3d ago
CBRE Investment Banking arranged a programmatic joint venture between Cypress West Partners and TPG Angelo Gordon, focused on the acquisition of medical office buildings across the Sunbelt. The JV has the potential to acquire $300 million in BOB assets over the next two years. The JV completed its first acquisition, an 85,000 square-foot medical office ..read more
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CushWake Hires Director of Lab Planning in Bay Area
Connect CRE » Healthcare
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3d ago
Cushman & Wakefield has hired Julie Rice as a director of laboratory planning, based in San Francisco. Rice will plan facilities infrastructure to support the laboratory environment and expand the firm’s relationship between third-party life science clients and the firm’s internal life science team. Rice has more than 30 years of experience in the Bay Area ..read more
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Coral Springs Hospital Pays $11M for MOB
Connect CRE » Healthcare
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2w ago
North Broward Hospital paid $11,000,000 for a 37,000-square-foot medical office property, across the street from the hospital. The seller was listed as Eden Sample, LLC. Berger Commercial Realty/Corfac International’s Jonathan Thiel represented the seller. Alex Brown with Colliers International South Florida represented the hospital. North Broward Hospital plans to occupy the entire building. The 5-story, 1978-built office building ..read more
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Transwestern Brokers Trade of Three Minneapolis-Area MOBs
Connect CRE » Healthcare
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2w ago
Transwestern Real Estate Services (TRS) represented Hammes Partners, a private investment platform focused on healthcare real estate, in the acquisition of three medical office assets in the Minneapolis area totaling 50,853 square feet. The transaction was led by Vice President Frank Richie with the assistance of Managing Principal Mike Salmen and Senior Associate Erik Coglianese ..read more
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Colliers Adds Life Science Leasing Team from Newmark
Connect CRE » Healthcare
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2w ago
Colliers added life science and office leasing professionals Chris High, Steve Bruce and Conor Evans to the firm’s San Diego brokerage. Joining Colliers from Newmark, High and Bruce will serve as vice chairs and co-leads, Southwest life science practice, while Evans will serve as VP. Considered among the top commercial life science and office professionals ..read more
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Cushman & Wakefield to Lease, Manage Chicago Research Facility
Connect CRE » Healthcare
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2w ago
Cushman & Wakefield was selected by IBT Group, LLC., in partnership with Mansueto Office, Inc., to lease and manage The Terminal, a three-building, 235,000-square-foot research facility in Chicago. Cushman & Wakefield’s Karoline Eigel, Steve Milenkov and Caroline Buck will lead leasing and management at The Terminal. Located at 1334 N. Kostner in Chicago’s Humboldt Park ..read more
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Former Urgent Care Clinic Leased to Optometrist
Connect CRE » Healthcare
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2w ago
Quantum Real Estate Advisors, Inc. has brokered the lease of a 1,280-square-foot medical building located at 2005 W. Alameda Ave. in Burbank. The property was formally an urgent care clinic. The new tenant will open an optometry practice that will service the greater Burbank trade area. The tenant was represented by Eric Kates with Peak ..read more
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Chicago TREND to Buy Roseland Medical and Retail Center
Connect CRE » Healthcare
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1M ago
Chicago Transforming Retail Economics of Neighborhood Development (TREND), a social enterprise focused on strategic retail development, is under contract to purchase the Roseland Medical and Retail Center. Chicago TREND expects to acquire the center for $6 million and has launched an online crowdfunding campaign open to investors. DL3 Realty Advisors LLC owns the 27,000-square-foot Roseland ..read more
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American Family Care Inks Lease at Corona Open-Air Center
Connect CRE » Healthcare
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1M ago
Progressive Real Estate Partners’ Roxanne “Roxy” Klein represented an American Family Care (AFC) franchisee in a lease for a 4,452 square-foot space at 2795 Cabot Dr. #157 in Corona.  Lease terms were not disclosed. The space is in the popular Dos Lagos open-air shopping center which is directly adjacent to the heavily traveled I-15 freeway and features Trader Joes, Starlight Cinemas, Wood Ranch BBQ & Grill, TGI ..read more
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