2016 HREI Insights Awards: Five questions for Jason Signor
2016 HRE Executive of the Year talks about starting and growing Caddis By John B. Mugford It’s been quite a meteoric rise for Dallas-based Caddis since its founding in 2008 by a young man with a background as a civil engineer. Since Jason Signor started the company as an evolution from the real estate arm […]
2016 HREI Insights Awards Winner: Best New MOB (100,000 S.F.+)
California MOB overcomes obstacles PMB successfully delivered four-building care center despite a challenging site Facility name: Hoag Health Center Irvine – Sand Canyon Address, City, State: 16105-16405 Sand Canyon Ave., Irvine, CA Client: Hoag Memorial Hospital Presbyterian Product type: MOB with ambulatory surgery center (ASC) Number of stories: Three two-story buildings and one one-story building […]
Feature Story: Insights Awards winners announced
Fourth annual HREI™ awards program recognizes top HRE projects and people What do Pflugerville, Texas; Avon, Colo.; and West Grove, Pa. have in common? How about Irvine, Calif.; Belleville, N.J.; Hamilton, Ohio; and Naples, Fla.? Denver and Dallas? At first glance, the answer might appear to be, “Not much.” But these disparate locations do have […]
2016 HREI Insights Awards Winner: Best New MOB (Less Than 25,000 S.F.)
Austin, Texas-area FED gets its wish Lockard’s development, negotiation expertise smooths project challenges Facility name: Five Star ER Pflugerville Address: 21315 N. SH 130, Unit #4, Pflugerville, TX Client and tenant: Emergency Service Partners LP Product type: Freestanding emergency department Number of stories: One Square footage: 9,960 Site acreage: 1.25 Parking: 39 surface spaces Construction start date: March 2015 Construction complete date: Oct. 29, 2015 […]
2016 HREI Insights Awards Winner: Best Renovated/Repurposed
N.J. renovation raises satisfaction Rendina financed, developed, leases, owns and manages three-building complex Facility name: Clara Maass Medical Center Medical Office Buildings Address, City, State: 36 and 50 Newark Ave. and 5 Franklin Ave., Belleville, N.J. Client: RWJBarnabas Health; multi-tenant, multi-specialty Product type: MOB Number of stories: Three (36 Newark), four (50 Newark) and five […]
2016 HREI Insights Awards Winner: Best New MOB (25,000-49,999 S.F.)
Collaboration keys Colorado project NexCore perseveres against all odds to build much needed MOB near Vail Facility name: Buck Creek Medical Plaza Address, City, State: 50 Buck Creek Road, Avon, CO Client/anchor tenants: Colorado Mountain Medical and Centura Health Product type: MOB and FED/urgent care Number of stories: Three Square footage: 48,300 Site acreage: 2.15 Parking: 168 total spaces (69 surface and […]
2016 HREI Insights Awards Winner: Best Inpatient Facility
Multi-phase expansion meets needs Duke Realty’ orchestrates a four-step development for TriHealth in Cincinnati Facility name: TriHealth Bethesda Butler Address, City, State: 3125 Hamilton-Mason Road, Cincinnati, OH Client: Bethesda Hospital Product type: Acute care hospital Number of stories: Two Square footage: 53,512 (Phase 4) and 90,788 (total) Site acreage: 12.042 Parking: 883 spaces added in […]
2016 HREI Insights Awards Winner: Best Post-Acute/Senior Living
More than a decade in the making Persistent Prevarian hung in there to complete Naples, Fla., senior community Facility name: Beach House Assisted Living and Memory Care Address, City, State: 1000 Airport Pulling Road S., Naples, FL Client/owner: PSL Beach House-Naples LP Product type: Senior living facility Number of stories: Two Number of units: 113 […]
2016 HREI Insights Awards: Tim Oliver has been a HRE innovator
His legacy includes having a hand in 90-plus facilities in the past 40-plus years By Murray W. Wolf We at Healthcare Real Estate Insights™ probably first met Tim Oliver back in late 2004 or early 2005. At that time, a new healthcare real estate (HRE) company he had joined, NexCore Group, was barely one year […]
2016 HREI Insights Awards Winner: Best New MOB (50,000-99,999 S.F.)
Philly area MOB beats expectations Anchor Health Properties, Seavest Healthcare Properties develop winning ACC Facility name: Penn Medicine Southern Chester County Address, City, State: 455 Woodview Road, West Grove, PA Client (owner or tenant): Penn Medicine Chester County Hospital Product type: Ambulatory care center Number of stories: Two Square footage: 72,000 Site acreage: 45 Parking: 457 surface spaces Construction start date: April 2014 Construction […]
Transactions: Connecticut MOB saw high demand Physicians Realty Trust acquires outpatient cancer care facility for $30.25 million
Physicians Realty Trust acquires outpatient cancer care facility for $30.25 million By John B. Mugford At 95 percent occupied and sitting on the outpatient campus of a prestigious cancer institute in the Northeast, the two-year-old Medical Arts Center at The Hartford HealthCare Cancer Institute in Plainville, Conn., looked to be a lock to attract strong […]
Transactions: Benedict adds to medical portfolio
Most recent $60 million buy brings firm’s total to more than 600,000 square feet By John B. Mugford In an early fourth quarter (Q4) 2016 transaction that seemed to slip under the radar of many publications, New York-based Benedict Realty Group (BRG) closed on purchase of a $60 million, 12-building portfolio comprising mostly medical tenants […]
Transactions: MB Real Estate lands pair of MOBs near Salt Lake City for $12.6M
SALT LAKE CITY – Chicago-based MBRE Healthcare, an affiliate of MB Real Estate, acquired a two-building MOB portfolio in December in Salt Lake City and Ogden, Utah, for $12.6 million, or about $265 PSF, according to RCA.
Transactions: Griffin-American REIT III acquires pair of MOBs in Connecticut for $15.6M
NORWICH, Conn. – Irvine, Calif.-based Griffin-American Healthcare REIT III recently acquired a two-MOB portfolio with a total of 56,265 square feet in Norwich for $15.6 million, or about $277 PSF.
Transactions: Carter Validus REIT II acquires large MOB in Michigan for $43.5 million
GRAND RAPIDS, Mich. – Tampa, Fla.-based Carter Validus Mission Critical REIT II Inc. (CVMC REIT II), non-traded REIT focused on healthcare and data center facilities, recently acquired a four-story, 109,482 square foot MOB in Grand Rapids for $43.5 million, or about $400 PSF, according to data from RCA.
