Med Office List
Posts
Med Office Daily - August 17, 2026 - Simone Development Companies fully leases Bronx medical property.

Med Office Daily - August 17, 2026 - Simone Development Companies fully leases Bronx medical property.

Private investor sells East Paris Medical Center for $2.135M. Crown MedRealty Partners acquires Kentucky MOB. Three new MOB deals.

Matt H & Maham Riaz
August 17, 2026

Good morning! This is Med Office List.

→ We are here to serve the owners, brokers, and tenants who are interested in medical office and healthcare real estate. Do us a favor and forward this email to your favorite healthcare real estate pro. They can sign up here.

Now, let’s get to it.

NEWS ROUNDUP

Simone Development Companies signs 7,900 SF of new leases with the U.S. General Services Administration (GSA) and Downtown Brooklyn Physical Therapy in the Bronx, bringing the 27,275 SF property to full occupancy.

LEASE SIGNING: Simone Development Companies signs 7,900 SF of new leases with the U.S. General Services Administration (GSA) and Downtown Brooklyn Physical Therapy in the Bronx, bringing the 27,275 SF property to full occupancy. The GSA will occupy more than 5,000 SF for the U.S. Department of Veterans Affairs’ Bronx Vet Center, while Downtown Brooklyn PT will open its first Bronx location in more than 2,000 SF. Simone Development’s in-house leasing and legal teams represented ownership, with Gary Mayzlin of Real Estate Trade Co., Inc. representing Downtown Brooklyn PT.

A private investor and retired physician sells East Paris Medical Center, a 10,011 SF medical and professional office property in Grand Rapids, Michigan, for $2.135M.

ACQUISITION: A private investor and retired physician sells East Paris Medical Center, a 10,011 SF medical and professional office property in Grand Rapids, Michigan, for $2.135M. The fully leased, three-suite property is anchored by Trinity Health Michigan and is located along a major healthcare corridor near several leading hospitals, with additional upside from below-market rents. Seth Haron, Ashish Vakhariya, and Darin Gross of Marcus & Millichap represented the seller in the transaction.

ACQUISITION: Crown MedRealty Partners acquires a 37,690 SF, single-tenant MOB in Crestview Hills, Kentucky, in the Cincinnati MSA. The fully leased property is occupied by St. Elizabeth Healthcare, a leading regional health system serving Northern Kentucky, Southeastern Indiana, and Greater Cincinnati. Steve Bessenbacher and Brian Beggs, Co-Managing Partners of Crown MedRealty Partners, highlighted the firm’s continued growth in the Cincinnati market and its relationship-driven investment strategy. Mike Sullivan of Cushman & Wakefield represented the seller.