Hoag Health Center Irvine-Sand Canyon, Irvine, Calif. Developer: Pacific Medical Buildings The Hoag Memorial system wanted to develop an outpatient facility adjacent to its Hoag Hospital Irvine to meet the healthcare needs of the rapidly growing area.
New York-based provider to anchor conversion of newly acquired office building By John B. Mugford Sunny West Palm Beach, Fla., with its affluent older population – many of whom are retired snowbirds from the Northeast – is a prime area for providing medical services.
EVENDALE, Ohio – Irvine, Calif.-based Griffin-American Healthcare REIT IV Inc., recently entered into an agreement to acquire Evendale Medical Office Building, a 66,000 square foot MOB in the northern Cincinnati suburb of Evendale.
ROSEVILLE, Minn. – Milwaukee-based Hammes Partners, an affiliate of Hammes Company, has acquired the Twin Lakes Health building at 1835 County Road C W. in Roseville, a Twin Cities suburb, from Minneapolis-based Ryan Cos. Hammes, whose Hammes Partners II LP fund is closed to investors after raising $430 million of capital commitments, paid $15.3 million […]
It’s home of Lynwood, Calif., is seeing growth in patient base, brokers say Name: 3680 E. Imperial Highway Location: Lynwood, Calif. Square feet: 64,780 Occupancy: 90% Average lease term: 4 years Year 1 NOI: $1.08 million Seller: Undisclosed Brokerage: CBRE Investment Properties, Southern California Brokers: Gary Stache, Anthony DeLorenzo, Doug Mack and Nicholas Svendsen One […]
TRAVERSE CITY, Mich. – Milwaukee-based Physicians Realty Trust (NYSE: DOC) recently acquired the Northwest Michigan Surgery Center, a 55,215 square foot ambulatory surgery facility in Traverse City, a town of about 15,000 residents in the far northwest corner of the state.
HILTON HEAD, S.C. – Dallas-based Caddis recently paid an undisclosed amount for the 19,728 square foot Outpatient Surgery Center of Hilton Head, a one-story ambulatory surgery center (ASC) at 190 Pembroke Drive.
PENSACOLA, Fla. – Pensacola-based Catalyst CRE, which focuses on healthcare real estate consulting, investment, and development, recently announced that it paid $16.9 million for five facilities in Central Florida that are home to Ocala, Fla.-based Robert Boissoneault Oncology Institute (RBOI).
Project is proposed near medical campus in growing Alpharetta, Ga., community By John B. Mugford If there was a hot site to develop a new medical office building (MOB) in Alpharetta, Ga., a growing community about 25 miles north of Atlanta, it would undoubtedly be near: ■ Avalon, a still-emerging 86-acre live-work community; ■ the […]
SANTA ROSA, Calif. – After heavy rains caused a delay of more than a month, ground was broken Nov. 18 on Oakland, Calif.-based Kaiser Permanente’s $50 million, 87,000 square foot outpatient building in Santa Rosa, 60 miles north of San Francisco.
STAMFORD, Conn. – Minneapolis-based MedCraft Healthcare Real Estate LLC recently completed the $41.7 million, 97,000 square foot Stamford Integrated Care Pavilion (ICP) on the campus of the new, $450 million, 180-bed Stamford Hospital, which opened in September 2016.
FRANKLIN, Tenn. – The Johnson Memorial Health board recently approved plans for a new emergency and outpatient facility as well as a comprehensive rehabilitation center on the Johnson Memorial Hospital campus in Franklin, about 20 miles south of Nashville, Tenn. The $42 million project, the largest in Johnson Memorial history, would include the 17,400 square […]