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News Release (UPDATED): HREI opens nominations for HREI Insights Awards as scheduled, despite COVID

News Release (UPDATED): HREI opens nominations for HREI Insights Awards as scheduled, despite COVID

(This news releases has been updated to reflect more recent information.) Healthcare Real Estate Insights™ magazine announces the eighth annual awards program recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 28, 2020. MINNETONKA, Minn., Aug. 27, 2020 – Minnetonka-based Healthcare Real Estate Insights™ is proceeding with the 2020 HREI Insights Awards™ despite the COVID-19 […]

News Release: MedProperties gets approval to build MOB within Hines’ 1.2 Million SF development near Chicago

News Release: MedProperties gets approval to build MOB within Hines’ 1.2 Million SF development near Chicago

NEWS RELEASE The 78,000 square foot medical office building will be located within Oak Brook Commons, the 17.5-acre master-planned redevelopment of the former McDonald’s Headquarters   OAK BROOK, Ill., and CHICAGO, Sept. 9, 2020 – The Oak Brook Village Board of Trustees voted last night to approve a Planned Development Amendment application, clearing the way […]

Transactions: Salt Creek campus in Chicago suburb sold for $50.9 million

Transactions: Salt Creek campus in Chicago suburb sold for $50.9 million

MBRE/Kayne Anderson land the four-MOB complex; CBRE says demand was ‘strong’ By John B. Mugford As a number of other real estate sectors continue to feel the sting of the COVID-19 pandemic, an even more-intense spotlight is now shining on MOBs, especially those with strong tenants, as an investment vehicle. This is why investor demand was […]

Outpatient Projects: Patience pays off for Minneapolis-based Davis

Outpatient Projects: Patience pays off for Minneapolis-based Davis

Xchange Medical in St. Louis Park, Minn., will occupy a site assembled in 2015 By John B. Mugford In the highly competitive world of medical office building (MOB) development, it can, in some instances, pay off for a developer to assemble, control and then perhaps hold on to a parcel of land it is confident […]

News Release: Davis to develop 78,000-square-foot Xchange Medical building in St. Louis Park, Minn.

News Release: Davis to develop 78,000-square-foot Xchange Medical building in St. Louis Park, Minn.

News Release The firm assembled four parcels in a prime location to create a 4.58-acre site for a facility that will house ENT Specialty Care, Surgical Care Affiliates and other leading providers MINNEAPOLIS, Sept. 2, 2020 – Seeking a more centralized location to better serve patients throughout the metro area, two of the Twin Cities […]