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PHOENIX—Owing to the rising costs of medical care provisioning–entrepreneurial physicians will increasingly see buyout offers from hospitals as attractive way to get out from a lease or to sell a building.
CALABASAS, CA—Expanding the Institutional Property Advisors platform into new sectors gives private investors access to institutional assets, and institutions access to private capital, Marcus & Millichap's Alan Pontius tells GlobeSt.com.
BOSTON—The Dana-Farber Cancer Institute has extended its lease at BioMed Realty Trust's Center for Life Science, GlobeSt.com has learned in this <b>EXCLUSIVE</b>story.
AUSTIN--Accesso Partners LLC has acquired 7700 Parmer Lane, a 913,000-square-foot, 94-percent-leased high technology office campus in northwest Austin leased to Google, Oracle, eBay/Pay Pal, Electronic Arts, Polycom and Dun & Bradstreet. The price was not disclosed.
HOUSTON--Sealy & Co., sponsor of Sealy Strategic Equity Partners (SSEP), has acquired the 2.23 million-square-foot Southwest Properties industrial portfolio, which consists of 149 buildings located in three of the fund's target markets: Dallas, El Paso and New Orleans, LA.
SCOTTSDALE, AZ—Buchanan Street plans lobby, landscaping and other common area upgrades in 2016 to modernize Paradise Valley Corporate Center, which was 95% leased at time of sale.