Archive for February, 2011

Healthcare: Ventas to Buy Nationwide Health Properties for $5.7 Billion

Posted 02.28.2011 | Categories: Medical Office/Healthcare | No Comments

Ventas said on Monday that it has agreed to buy Nationwide Health Properties for about $5.7 billion in stock, forming the biggest health care real estate investment trust in the country, with a large presence in senior housing.

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Healthcare: Mitchell of Rader Properties, Inc. brokers $7.463 million sale of Blue Hills Medical Center

Posted 02.25.2011 | Categories: Medical Office/Healthcare | No Comments

Braintree, MA Rader Properties, Inc. completed the sale of 340 Wood Rd., also known as the Blue Hills Medical Center.

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Healthcare: $33M bond sale clears West Park Hospital for construction

Posted 02.25.2011 | Categories: Medical Office/Healthcare | No Comments

West Park Hospital’s board of directors approved a $33 million bond sale, clearing the way for the medical center to begin its long-sought expansion.

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Healthcare: MOB at 790 Church St. Sold for $10.1 Million

Posted 02.25.2011 | Categories: Medical Office/Healthcare | No Comments

Marietta Medical Center LLC expanded its investment portfolio with the acquisition of 790 Church St. in Marietta, GA.

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Healthcare: Doctor works to fix medicine

Posted 02.24.2011 | Categories: Medical Office/Healthcare | No Comments

Dr. Frederick Southwick, a professor and the chief of infectious diseases at the University of Florida College of Medicine, traded in his white coat and stethoscope for blue jeans and a backpack this year.

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Healthcare: Tarzana Medical Building Trades in $14 Mil Transaction

Posted 02.21.2011 | Categories: Medical Office/Healthcare | No Comments

Wilbur Medical Plaza, a 53.1k sf multi-tenant specialty medical building in Tarzana traded hands at a price of $14.13 mil, or $266/sf.

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Student Housing: Colony-Selby JV Buys Student Housing for $98M

Posted 02.21.2011 | Categories: Student Housing | No Comments

Funds managed by Colony Capital and R.W. Selby & Co. have acquired a portfolio of seven student housing properties comprising 223 units and 836 beds from Westar Associates for $98 million.

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Student Housing: Former Masterson’s site to offer student housing this fall

Posted 02.21.2011 | Categories: Student Housing | No Comments

The former Masterson’s Food and Drink Inc. site near the University of Louisville’s Belknap Campus used to buzz with the sounds of meals being prepared.

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Data Center: TVA Certifies Starwood for Data Center Development

Posted 02.21.2011 | Categories: Data Centers | No Comments

The former Starwood Amphitheatre is prepared for a possible second life as a data center.

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Healthcare: Spectrum Health gets OK to move forward with new medical office project in Holland

Posted 02.21.2011 | Categories: Medical Office/Healthcare | No Comments

Spectrum Health has received approval from the Township Board for the rezoning of 2 acres of property at 644 E. Lakewood Blvd. from industrial to commercial for construction of a new 57,000-square-foot medical office.

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