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National Real Estate Investor
10 Biggest Medical Office Building Deals of the Year
Susan Piperato Sep 22, 2015

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No. 10: Seller: 21st Century Oncology / Buyer: CV Mission Critical REIT

17-property portfolio, including 21st Century Oncology facilities throughout Florida, California and Nevada.

Price: $117 million

Total square footage: 208,640

Date of transaction: April 20, 2015

No. 9: Seller: Equity Residential / Buyer: RREEF Properties Trust

Massachusetts General Hospital in Boston

Price: $123.3 million

Total square footage: 193,230

Date of Transaction: April 22, 2015

No. 8: Seller: Illinois Bone & Joint / Buyer: MB Real Estate

10-property portfolio in Illinois, including the Illinois Bone & Joint Institute in Chicago.

Price: $131 million

Total square footage: 594,668

Date of Transaction: March 13, 2015

No. 7: Seller: Kadima Medical Properties / Buyer: GA Healthcare REIT III

5-property portfolio on the East Coast, including Morristown Medical Center in Newark, N.J.

Price: $135 million

Total square footage: 437,960

Date of Transaction: January 22, 2015

Photo: Morristown Memorial Hospital by Ekem

No. 6: Seller: Digital Realty Trust / Buyer: HCP Inc.

Thomas Jefferson University Hospital in Philadelphia, Pa.

Price: $161 million

Total square footage: 705,061

Date of Transaction: January 22, 2015

 

Photo: Thomas Jefferson University Hospital by Andy Gradel

No. 5: Seller: Memorial Hermann Health System / Buyer: HCP Inc.

10-property portfolio, including Memorial Hermann buildings in Houston, Texas.

Price: $225 million

Total square footage: 1.2 million

Date of Transaction: June 30, 2015

 

Photo: Courtesy of Memorial Hermann

No. 4: Seller: G&L Realty / Buyer: Healthcare REIT

7-property national MOB portfolio, including Regents Medical Center in La Jolla, Calif.

Price: $443 million

Total square footage: 390,706

Transaction: June 24, 2015

No. 3: Seller: Cole Properties Trust / Buyer: SNH REIT

8-property portfolio, mainly on the East Coast, including Duke University Medical System in Durham, N.C.

Price: $539 million

Total square footage: 775,883

Date of transaction: January 15, 2015

 

Photo: Courtesy of Duke University

No. 2: Seller: ARC Healthcare REIT (HCT) / Buyer: Ventas REIT

64-property national portfolio, including United Healthcare Building in Cypress, Calif., Albany Medical Center in Albany, N.Y.; Wichita Clinic in Wichita, Kan.; and University of California at Davis Medical Group in Folsom, Calif.

Price: $1.286 billion

Total square footage: 4.19 million

Date of transaction: January 20, 2015

 

Photo: Courtesy of Albany Medical Center

No. 1: Seller: Ardent Health Services / Buyer: Ventas REIT

20-property portfolio, mainly located in the Southwest, including Heart Hospital of New Mexico; Lovelace Medical Center in Albuquerque, N.M.; Tulsa Spine & Specialty Hospital in Tulsa, Okla.; and Lovelace Regional Hospital in Roswell, N.M.

Price: $1.6 billion

Total square footage: 3.2 million

Date of transaction: July 7, 2015

 

Photo: Courtesy of Tulsa Spine & Specialty Hospital 

 

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