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Med Office Daily - July 6, 2026 - Colliers finances 120,596 SF Sugar Land medical office building.

Med Office Daily - July 6, 2026 - Colliers finances 120,596 SF Sugar Land medical office building.

Private family group acquires 67,584 SF California MOB for $23.7M. Stonemont, Sina, and Fengate break ground on 100,370 SF Florida healthcare project. Three new MOB deals.

Matt H & Maham Riaz
July 06, 2026

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NEWS ROUNDUP

Sugar Land Medical Plaza, a 120,596 SF on-campus MOB in Sugar Land, Texas, has been successfully financed by Colliers U.S. Healthcare Capital Markets.

FINANCING: Sugar Land Medical Plaza, a 120,596 SF on-campus MOB in Sugar Land, Texas, has been successfully financed by Colliers U.S. Healthcare Capital Markets. The Class A property is directly connected to and fully integrated with the 100-bed St. Luke’s Health–Sugar Land Hospital and is anchored by St. Luke’s Health, a member of CommonSpirit Health. As the only outpatient facility on the hospital campus, Sugar Land Medical Plaza provides convenient access to a wide range of inpatient and outpatient healthcare services while serving one of the fastest-growing suburban markets in the Houston metropolitan area.

ACQUISITION: A private family ownership group acquires a 67,584 SF MOB in Rohnert Park, California, for $23.7M. The two-story property is anchored by Kaiser Permanente and Petaluma Health Center, providing outpatient healthcare services in the Rohnert Park market. Levin Johnston of Marcus & Millichap's Robert Johnston, Adam Levin, and Justin Fink represented the undisclosed seller and also procured the buyer.

Stonemont, Sina Cos. and Fengate Asset Management break ground on Health Park at Avenir, a 100,370 SF healthcare development in Palm Beach Gardens, Florida, for Jupiter Medical Center.

DEVELOPMENT: Stonemont, Sina Cos. and Fengate Asset Management break ground on Health Park at Avenir, a 100,370 SF healthcare development in Palm Beach Gardens, Florida, for Jupiter Medical Center. The project will include a 53,370 SF neighborhood hospital and a 47,000 SF MOB at 12955 Northlake Blvd. The medical office facility will house oncology, cardiology, women’s health, wound care, pain management and primary care services, while the hospital will feature 29 inpatient beds, operating rooms, emergency services, imaging and laboratory facilities. Landstar Development sold the 13-acre site for the project, and Siemens Financial Services provided $64.9M in construction financing. Completion is scheduled for 2028.