Outpatient Projects: A joint venture for the times
Cleveland Clinic selects Rendina for first partnership with a third-party developer By John B. Mugford The Cleveland Clinic’s real estate portfolio is a vast one, as it owns and/or operates about 32 million square feet of medical facilities, with the vast majority being in and around its home base in northeastern Ohio.
Outpatient Projects: Ryan Cos. completes new MOB for mental health group, creating a campus near Minneapolis
BROOKLYN PARK, Minn. – The recent opening of a new 41,000 square foot MOB in Brooklyn Park, a Minneapolis suburb, allows Minneapolis-based PrairieCare LLC to create a mental health campus on the site.
Outpatient Projects: Erlanger to lease most of Johnson Development’s $18 million MOB in Chattanooga, Tenn.
CHATTANOOGA, Tenn. – In more news from Chattanooga-based Erlanger, the system recently announced that it plans to open a full-service outpatient cancer center in a new $18 million, four-story, 80,000 square foot MOB being developed on its Erlanger Hospital East campus in Chattanooga.
Outpatient Projects: McCarthy, HKS start $40 million, 90,000 s.f. pediatric MOB for Erlanger in Chattanooga, Tenn.
CHATTANOOGA, Tenn. – A $40 million pediatric outpatient facility is underway as the first phase of a new replacement children’s hospital campus in Chattanooga for Erlanger Health System.
Outpatient Projects: Panattoni breaks ground for $30 million, 68,000 s.f. Dignity Health MOB near Sacramento, Calif.
CITRUS HEIGHTS, Calif. – Dignity Health Medical Foundation broke ground May 23 for a $30 million, three-story, 68,000 square foot MOB in Citrus Heights, northeast of Sacramento, Calif.
Outpatient Projects: Downtown Minneapolis hospital adding $224.6 million, 377,000 square foot outpatient facility
MINNEAPOLIS – Work is well underway on a future six-story, 377,000 square foot outpatient center in downtown Minneapolis for the 455-bed Hennepin County Medical Center (HCMC).
Outpatient Projects: Rendina opens 87,000 square foot expansion for Clara Maass Medical Center in New Jersey
BELLEVILLE, N.J. – In still more news from Rendina, the firm announced May 24 that it recently celebrated the opening of an 87,000 square foot MOB and intensive care unit (ICU) expansion of the Clara Maass Medical Center in Belleville, just north of Newark, N.J.
Outpatient Projects: PMB, Sawtooth Development start construction on $18.5 million, 60,000 s.f. MOB in Colorado
SUPERIOR, Colo. – In more news from PMB, the San Diego-based firm and Boise, Idaho-based Sawtooth Development Group, which has an office in San Diego, started work on a future $18.5 million, 60,000 square foot MOB as part of a mixed-use project in downtown Superior, near Boulder, Colo.
Outpatient Projects: Cornerstone Companies breaks ground on $7 million MOB in Tipton, Ind., north of Indianapolis
TIPTON, Ind. – Indianapolis-based Cornerstone Companies Inc. recently that it has broken ground on a $7 million MOB in Tipton, about 40 miles north of Indianapolis.
Outpatient Projects: University of Louisville tops out new $78 million, eight-story, 171,000 square foot Pediatrics MOB
LOUISVILLE, Ky. – The University of Louisville (UofL) celebrated the topping off of its new eight-story, 171,000 square foot Pediatrics Medical Office Building (MOB) May 29.
Outpatient Projects: Spectrum Health completes $3 million renovation of 35,500 s.f. MOB in Grand Rapids, Mich.
GRAND RAPIDS, Mich. – Spectrum Health was scheduled to hold a ribbon-cutting ceremony May 30 for its newest integrated care campus, a newly-renovated 35,500 square foot MOB at 426 Michigan St. N.E. in Grand Rapids.
Outpatient Projects: Pacific Medical Buildings to develop 56,000 square foot MOB for City of Hope in Upland, Calif.
UPLAND, Calif. – It was announced June 13 that development is underway for a two-story, 56,000 square foot ambulatory care MOB on the San Antonio Regional Hospital campus in Upland that will include a City of Hope community cancer center.
Outpatient Projects: Anchor Health opens MOB outside of Allentown, Pa., its fifth project for Lehigh Valley Health
PALMER TOWNSHIP, Pa. – Wilmington, Del.-based healthcare real estate firm Anchor Health Properties recently opened a 58,271 square foot MOB that it owns in Palmer Township, 15 miles east of Allentown, Pa. The Health Center at Palmer Township houses services provided by Allentown-based Lehigh Valley Health Network, which has eight hospitals and 22 health centers […]
Industry Pulse: On the Record – Dr. Charles Woods Jr.
Why is the UofL investing $78 million in a new medical office building?
Industry Pulse: HRE Demand Remains High Despite Disruption
Providers want more capital and costs savings, NGKF says “Of all the economic sectors, healthcare is arguably experiencing the most disruption” and uncertainty, according to a new report from the Global Healthcare Services unit of Newmark Grubb Knight Frank (NGKF). Even so, the firm’s “U.S. Healthcare Real Estate Outlook 2017” says that demand for healthcare […]