News Release: BIG+WHR+Arup Named to Nyt Hospital Nordsjælland Design Competition Shortlist
WHR Brings Best-of-Class Healthcare Design to International Team The team of BIG+WHR+Arup was selected for the shortlist of three firms for the second phase of the design completion for the Nyt Hospital Nordsjælland, a 124,000 square meter (1.3 million square foot) acute care hospital in Hillerød, north of Copenhagen. The team’s proposal, which will serve […]
News Release: The Sanders Trust Commences Construction on $8.7 Million Medical Office Building in Granbury, TX
BIRMINGHAM, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate development companies, announced today that it has commenced construction of a new 41,000-square-foot medical office building located on the campus of Lake Granbury Medical Center, a Community Health Systems affiliated hospital situated near Fort Worth in the city of Granbury, Texas. Construction […]
News Release: Amy Mays Brings Additional Interior Design Expertise to HDR’s New York Office
Amy Mays, IIDA, LEED AP, EDAC, has joined HDR Architecture’s New York City Design Studio as interior design principal. With a significant body of experience and expertise in healthcare, Amy will lead interior design with a focus on healthcare projects in HDR’s offices across the Northeast. “Amy’s fresh perspective supports our integrated ‘outside-in’ and ‘inside-out’ […]
News Release: CNL Healthcare Properties Acquires Six Medical Facilities
Portfolio includes five medical office and healthcare related buildings and one specialty hospital (ORLANDO, Fla.) Aug. 29, 2013 – CNL Healthcare Properties, an investment offering focused on senior housing and healthcare real estate, has acquired a portfolio including five medical office buildings and one specialty hospital for $59.5 million. The properties are located in the Cleveland; […]
News Release: Arise Capital Investment Breaks Ground in Manor on New Medical Office Building
Medical Office Developer Also Places Land Under Contract in Dripping Springs and Georgetown Austin, Texas (August 27, 2013) – Arise Capital Investments will break ground on a new, 36,000-square-foot medical office building in Manor on Tuesday. Approximately 72 percent of the space is pre-leased to tenants that include: Austin Pain Associates/Advanced Rehabilitation, Texan Urgent Care, Arise […]
Industry Pulse: 2013 InterFace Healthcare Real Estate Dallas draws good turnout
We are just moments away from the start of the 2013 InterFace Healthcare Real Estate Dallas conference, and the conference organizers say we will have a very good turnout: about 230 registrants from the Dallas area and beyond. As always, Healthcare Real Estate Insights is a proud Media Sponsor of this excellent annual event. Things […]
News Release: South Coast Improvement, Co. adds Franciscan Hospital in Boston, MA and Jordan Hospital in Plymouth, MA to its growing list of healthcare clients
AUGUST 27: MARION, MA, BOSTON, MA and PLYMOUTH, MA – For the past decade, South Coast Improvement Co. (SCI) has provided design/build services to long-term care facilities, rehabilitation facilities and brain trauma units throughout New England and the Mid-Atlantic states. With the recent completion of projects at Franciscan Hospital in Boston, MA and Jordan Hospital […]
News Release: Medical Office Remains Prime Asset Class Amongst Investors
Jones Lang LaSalle says transaction volumes in 2013 expected to meet or exceed 2012 levels; performance, long-term demand and significant capital raises contribute to favored status CHICAGO, August 23, 2013 – The Medical Office Building sector continues its reign as one of the most sought-after product types in commercial real estate following record-setting pace for […]
Transactions: HTA closes three MOBs acquisitions
Separate deals in Colorado, Texas and Pennsylvania total about $85 million By John B. Mugford Growing Parker, Colo., is in the far southern suburbs of the Denver metropolitan area and was picked this year by Money magazine as the 12th best place to live in the country. According to the magazine, the city of […]
Transactions: MPT to acquire three IASIS hospitals
REIT’s purchase is expected to generate more than $280 million for the system By John B. Mugford Medical Properties Trust Inc. (NYSE: MPW), a publicly traded real estate investment trust (REIT) that focuses on net-leased healthcare facilities, namely hospitals, recently announced that it will acquire the real estate assets of three major acute-care facilities operated […]
Transactions: MedProperties Holdings, Equity Inc. team up to buy MOB in Cincy suburb
EVENDALE, Ohio – A recently formed and expanding partnership of Dallas-based MedProperties Holdings LLC and Columbus, Ohio-based Equity Inc. has acquired a 65,670 square foot MOB in Evendale, a suburb of Cincinnati. The Evendale Healthcare Center has four stories, was completed in 1988 and is on 4.6 acres at 10475 Reading Rd., between U.S. interstates […]
Transactions: Chicago-area MOB portfolio acquired by Griffin-American REIT
HINSDALE, Ill. – Newport Beach, Calif.-based Griffin-American Healthcare REIT II recently acquired a two-building, 88 percent leased MOB portfolio in Hinsdale, Ill., that is anchored by two large Chicago-area providers. Griffin-American paid $35.5 million for the facilities at 908 N. Elm St., or about $210 PSF, according to RCA. The 169,078 square foot, two building […]
Industry Pulse: Are you ready for some senior housing?
Senior housing is replacing the NFL at the former site of Baltimore’s Memorial Stadium Baltimore’s venerable Memorial Stadium, once home to the Baltimore Colts, Ravens and Orioles, among other pro sports teams, packed plenty of memories. But when the Colts moved to Indianapolis in 1984, support grew for the idea of replacing the antiquated stadium […]
Industry Pulse: This HRE developer was ‘Kona Inspired’
To meet Todd Varney is to meet a highly conditioned athlete. However, this was not always the case for the healthcare developer with NexCore Group.Fact is, Mr. Varney was diagnosed as obese in 2008. Though the news shocked him, it also inspired Mr. Varney to start exercising and competing in perhaps the most grueling of […]