Transactions: Physicians Realty Trust makes a number of buys in late 2016, early 2017
MILWAUKEE – Milwaukee-based Physicians Realty Trust (NYSE: DOC) made big headlines in mid-2016, closing on the largest health system monetization, or sale, of an MOB portfolio ever recorded.
Transactions: Starwood’s $796.6M deal closes
Transaction was finalized just before year-end, making it the biggest deal of 2016 By John B. Mugford Just days before the end of 2016, the largest medical office building (MOB) deal of the year closed with a few days to spare.
Outpatient Projects: Physicians to own future MOB underway in far eastern West Virginia
SPRING MILLS, W.Va. – Ground has been broken in Spring Mills, in the far eastern part of the state, for a future $11 million MOB that will be owned by doctors with WVU (West Virginia University) Medicine Healthcare Physicians. The group has an affiliation with relationship with Morgantown, W. Va.-based WVU Medicine University Healthcare, which […]
Outpatient Projects: Baptist Health South Florida proposes $30 million MOB as Broward County expansion continues
PLANTATION, Fla. – Miami-based Baptist Health South Florida recently announced plans for a 30,000 square foot, $30 million MOB in the Cornerstone Corporate Center in Plantation, just west of Fort Lauderdale, according to The Real Deal South Florida, a local publication.
Outpatient Projects: Aurora to build 200,000 square foot outpatient campus in Kenosha, Wis.
KENOSHA, Wis. – Milwaukee-based Aurora Health Care is making a big commitment to Kenosha as well as to its outpatient delivery care model, as the 15-hospital, 159-clinic health system recently announced plans for a $130 million, two-building project just west of U.S. Interstate 94.
Outpatient Projects: Physicians to own future MOB underway in far eastern West Virginia town of Spring Mills
SPRING MILLS, W.Va. – Ground has been broken in Spring Mills, in the far eastern part of the state, for a $11 million MOB that will be owned by doctors with WVU (West Virginia University) Medicine Healthcare Physicians.
Outpatient Projects: Medistar, Bay Area Regional to develop 60,000 square foot MOB in Webster, Texas
WEBSTER, Texas – Bay Area Regional Medical Center and Houston-based Medistar Corp. plan to break ground later in 2017 on a 60,000 square foot MOB in Webster, about 25 miles southeast of downtown Houston.
Outpatient Projects: Rezoning clears the way for MOB on vacant lot in the Chicago suburb of Arlington Heights, Ill.
ARLINGTON HEIGHTS, Ill. – Village of Arlington Heights trustees recently approved a rezoning that allows the construction of a 26,664 square foot MOB on the south side of town, according to the local Daily Herald newspaper.
Outpatient Projects: Louisville, Ky., developer adding another MOB to shopping area near Norton hospital
LOUISVILLE, Ky. – Louisville-based McMahan Group LLC is developing a 100,000 square foot MOB in Old Brownsboro Crossing, a shopping area that’s home to the 120-bed Norton Brownsboro Hospital, part of Louisville-based Norton Healthcare.
Outpatient Projects: Work could start soon on stalled, $200 million proton therapy facility in Atlanta
ATLANTA – With new financing likely in place and the original developer removed from the project, the future $200 million-plus Emory Proton Therapy Center (EPTC) near Emory University Hospital Midtown in Atlanta could be back under construction by spring or summer 2017.
Outpatient Projects: Local developers plan MOB in medical corridor near new Birmingham, Ala., hospital
BIRMINGHAM, Ala. – A pair of local developers are building of a 30,000 square foot MOB at 5100 Cahaba River Road in Birmingham.
Outpatient Projects: HSA PrimeCare developing 109,000 square foot MOB for Froedtert in Wisconsin
OAK CREEK, Wis. – HSA PrimeCare announced Jan. 17 that it is developing a 109,000 square foot health center in Oak Creek for Froedtert & The Medical College of Wisconsin.
Outpatient Projects: Minnesota firm plans new MOB
The Davis Group announces project in expanding mixed-use development By John B. Mugford The most prolific medical office building (MOB) developer in the Twin Cities area of Minneapolis and St. Paul, Minn., during the past couple of decades is planning another facility in a growing suburb.
Inpatient Projects: Jackson starts work on new campus
Provider breaks ground for inpatient facilities in Doral, Fla.; hospital to be added By John B. Mugford In its quest to build a new hospital in what is often referred to as a “medical desert” in Doral, Fla., Miami-based Jackson Health System is still trying to overcome a number of obstacles and challenges to culminate […]
Inpatient Projects: Hospital in growing Columbia, S.C., expanding with $400 million, 175-bed plan
WEST COLUMBIA, S.C. – In an effort to keep up with what is being called “exponential” growth in Lexington County, S.C., about 100 miles south of Charlotte, N.C., Lexington Medical Center in West Columbia is in the midst of a $400 million expansion plan that will add a 10-floor tower, 545,000 square feet, 175 beds, […]
