• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Blog
  • Free Resources
Revista

Revista

  • About
    • Meet Revista
    • Advisory Board
    • Partners
    • Press
    • Rising Leaders Council
    • Sponsorship
    • Contact Us
  • Events
  • Why Subscribe?
    • Featured Products
    • Business Development
    • Underwriting & Due Diligence
    • Asset Management
    • Capital Markets
    • Site Selection & Development
    • Leasing
  • Subscriber Login
Home / Mergers/Acquisitions / MOB in Oakdale, CA Trades Hands

MOB in Oakdale, CA Trades Hands

July 31, 2015 by Mike Hargrave Topics: Mergers/Acquisitions, Real Estate Financing/Capital Markets

A 51,000 square foot medical office building in Oakdale, California traded hands in late July.  The Oakdale Medical Plaza was developed in 2007 by GL Bruno in association with Oak Valley Hospital at a cost of $10.7 million.  The MOB sold in late July for $12 million or $235 per square foot.  The building was 98% occupied at the time of purchase, according to Greg Trainor of Fairfield Advisors, who representedOak Valley the seller in the deal.  According to a release from Fairfield, The hospital, along with a range of specialty practice physician groups, are the tenants in the Medical Building.  The tenants agreed to new leases as part of the sale transaction.  To search this transaction and other medical real estate transactions, please check out Revista’s new transaction comp tool.

The new tool allows you to easily access hard to find data on medical real estate transactions. Search by:

  • Geography (state and metro)
  • Property Type (Medical Office, Hospitals, Acute Rehab, LTACH, other medical)
  • Building Size
  • Price per SF
  • System Affiliation
  • Buyer Type
  • On/Off Hospital Campus
  • Tags (Dialysis Center, Freestanding ER/ED, Surgery Center, Urgent Care)

View Trends on Volume, Price Per SF, Cap Rates/Yield

Download property transaction data to xls.

Contact us for more information or to schedule a demo.

 

 

 

 

Mike Hargrave
Mike Hargrave

Other Articles by Mike Hargrave:

    • Demand for Outpatient Space Growing Faster than Supply
    • Rent Inflation Impacting Outpatient Sector
    • HCRE Construction Spending Peaks in 2023

Previous Post:Medical Properties Trust to Buy Capella Healthcare
Next Post:Beverly Hills medical office buildings sell for over $1,000 per foot

Sidebar

Topics

  • Construction/Development
  • Industry News
  • Leasing/Property Management
  • Mergers/Acquisitions
  • Policy/Legislation
  • Real Estate Financing/Capital Markets
  • Revista Best Practices
  • Revista News
  • Sponsor Spotlight
  • Transactions
  • Uncategorized

Archives

RSS Recent Blog Posts

  • Demand for Outpatient Space Growing Faster than Supply November 28, 2023
    It is no secret that many healthcare services and procedures are increasingly moving towards an outpatient setting. Advances in technology, cost efficiencies and other factors have enabled this move which has led to consistent and steady growth of demand for outpatient space, and the underlying supply of such space. Revista normally tracks the supply/demand picture […]
    Mike Hargrave
  • Rent Inflation Impacting Outpatient Sector October 25, 2023
    Revista recently held its 3Q23 Subscriber Webinar.  One of the topics discussed was rent inflation. The charts below show Avg. NNN and Avg. 90th percentile base rents for medical office … The post Rent Inflation Impacting Outpatient Sector appeared first on Revista.
    Mike Hargrave
  • Are MOB Sales Taking Place in the Current Environment? October 24, 2023
    The year of 2023 has brought significant drops in sales activity across the commercial real estate sector. The higher cost of capital is driving investors into cautiousness and the healthcare real estate market is not immune … The post Are MOB Sales Taking Place in the Current Environment? appeared first on Revista.
    Stephen Lindsey
  • MOBs Located on a Hospital Campus vs. MOBs Close to a Hospital Campus. Is there a Difference? September 21, 2023
    Historically, Revista has categorized medical office buildings (MOBs) into two categories, on a hospital campus or off. However, recently Revista has developed a third category, adjacent. These are the properties that fall within a quarter mile of a hospital campus footprint. Conventional thought suggests that on-campus assets demand a premium, but what about the buildings […]
    Stephen Lindsey

Other Free Resources

Industry Directory

Search for and/or list your medical real estate services in Revista’s medical real estate directory.

Reports & White Papers

Download free reports & white papers on medical real estate.

Add Lease/Sale Listing

Revista provides free lease/sale listings for healthcare real estate.

Ready to Schedule a Demo?

Get in Touch Now
  • Why Subscribe?
  • Events
  • The MOB Scene
  • Add A Directory Listing
  • Add Lease/Sale Listing
  • Contact Us
  • Sponsorship
  • About
  • Terms of Use
  • Press

SIGN UP FOR MOB SCENE NEWSLETTER

  • Twitter
  • Facebook
  • LinkedIn