13 East Coast medical office buildings changing hands in 2024

As medical office building transactions heat up in 2024, here are eight transactions involving 13 buildings in the Eastern half of the U.S. to know: 

1. Six medical office buildings totaling 145,308 square feet in Florence, Fort Mitchell, Crittenden, Walton, Alexandria and Butler, Ky. sold. 

2. New York City-based NYU Langone paid $33 million for a property in West Palm Beach, Fla., where it plans to build a medical office building. 

3. Kings Row Medical Properties acquired a medical building with two ASCs in Bridgewater, N.J., for $10.5 million.

4. Healthcare real estate firm Flagship Healthcare Properties acquired a medical office building in Mechanicsville, Va., for $5.4 million.

5. The University of Vermont Medical Center submitted a certificate of need with intention to purchase a Colchester-based medical campus owned by Covenant Health for $17.3 million.

6. The 48,000-square-foot Wellington (Fla.) Medical Arts Pavilion sold to Rendina Healthcare Real Estate and Artemis Real Estate Partners for $18.3 million. 

7. A medical office building in Jackson, N.J., was acquired by real estate firm Horizon Equities for $24 million.

8. The West Palm Medical Plaza medical office building in West Palm Beach, Fla., sold for $8.3 million. 

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