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News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project

Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]

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News release: New Northside Hospital Cherokee Opens to Patients on May 6

Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]

The five-building, 504,609 square foot Pin Oak MOB Portfolio in Houston is 93 percent leased. (Photo courtesy of JLL)

For Sale: Houston Medical / Office Park | 504,609 RSF

Pin Oak Houston, Texas For Sale: 504,609 RSF Medical/Office Park Investment Summary Access the confidentiality agreement        Investment summary       JLL is pleased to offer for sale the fee simple interest in the Pin Oak Portfolio, a medical / office park with 504,609 rentable square feet located in the affluent Bellaire community of Houston, Texas.  The five buildings are 93% occupied with […]

Duke Realty will develop the 37,000-square-foot Facey Medical MOB in Santa Clarita, Calif., which is about 33 miles northwest of Los Angeles. The facility is expected to be completed in June 2018. (Rendering courtesy of Duke Realty)

News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California

The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017 – Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on […]

Sears Holdings Corp. is the most vulnerable public retail company, according to a recent analysis by S&P Global Market Intelligence. (Photo by Andriy Blokhin, Shutterstock)

Industry Pulse: Opportunities are increasing for retail repurposing

Almost 3,600 retail stores are slated to close this year, including hundreds of big boxes and department stores In the aftermath of the Great Recession, it became a common strategy for healthcare providers and healthcare real estate (HRE) firms to repurpose the buildings of failed big box and department stores. The bankruptcies of Circuit City, […]

Montecito Medical Real Estate has acquired the 49,580-square-foot, Class A North Coast Medical Plaza in Carlsbad, Calif. (Photo courtesy of Montecito Medical Real Estate)

News Release: West Coast MOB acquired by Montecito Medical

Montecito Medical Acquires  North Coast Medical Plaza near San Diego NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the 49,580-square-foot, Class A North Coast Medical Plaza in Carlsbad (an affluent coastal town just north of San […]

Completed between 1987 and 2007, the portfolio is located within a master-planned business park proximate to several large universities and hospital groups. (Photo courtesy of TRITEC Real Estate)

News Release: HFF closes $81.45 million recapitalization of 8-building Long Island medical office portfolio

NEW YORK, NY – April 24, 2017– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $81.45 million recapitalization of Stony Brook Technology Center, an eight-building medical office portfolio totaling 261,824 square feet in the Long Island community of East Setauket, New York. HFF represented TRITEC Real Estate, and procured the partner, […]

A healthcare building specifically designed to promote the health of its occupants. (Photo courtesy of Mentecito Medical)

News Release: Montecito Acquires DaVita Building in Albuquerque

April 19, 2017 07:30 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the newly constructed DaVita Medical Group clinic in Albuquerque, N.M. Formerly known as ABQ Health Partners, DaVita Medical Group is one of the area’s largest multi-specialty medical groups and […]

Rush and Midwest Orthopaedics at Rush began construction this week on a new medical professional building in Oak Brook, Ill. (Rendering courtesy of Leopardo Companies)

News Release: Leopardo Breaks Ground on 100,000-SF Rush Oak Brook Orthopaedic Center  

Leopardo Companies broke ground on the new 100,000-square-foot Rush Oak Brook Orthopaedic Center at 2011 York Road in Oak Brook. The new medical outpatient building and surgery center is a joint venture between Rush University Medical Center and Midwest Orthopaedics at Rush. It will accommodate 17 specialties, ranging from primary care and neurology to endocrinology […]

Stage Equity Partners LLC announced the recent acquisition of The Center for Outpatient Medicine in Bloomington, Ill.  (Photo courtesy of Stage Equity Partners)

News Release: Stage Equity Partners Acquires Multi-Specialty Outpatient Surgical Center in Bloomington, Illinois

CHICAGO (April 17, 2017) – Chicago-based healthcare real estate investment company Stage Equity Partners LLC (“Stage”) announced the recent acquisition of The Center for Outpatient Medicine (TCOM), a 45,150 square foot multi-specialty outpatient surgical center in Bloomington, Illinois. According to Principals Brian Howard and Russell Brenner, Stage purchased the hospital- affiliated property from the physician […]

News Release: Montecito Acquires Thunderbird Square Building in Arizona

News Release: Montecito Acquires Thunderbird Square Building in Arizona

High-profile acquisition brings Arizona portfolio to 120,000 square feet April 17, 2017 07:30 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired a 35,420-square-foot, Class A, single-story medical building in the densely populated, master-planned retirement community of Sun City, Ariz Strategically located […]

Avera Health announced it will begin construction on $174 million worth of projects in Sioux Falls,
 S.D. (Rendering courtesy of  Avera Health)

News Release: Avera Health Announces Largest Building Project in Sioux Falls History

Avera Health announced it will begin construction on $174 million worth of projects. The focus includes a new health campus at 69th Street and Louise Avenue – the largest building project in Sioux Falls’ history. “This bold, transformative campus is part of a broad and unified development plan to meet the rapidly growing needs of Sioux […]

News Release: Duff & Phelps Expands Healthcare M&A Advisory Practice with New Managing Director and Director Hire

News Release: Duff & Phelps Expands Healthcare M&A Advisory Practice with New Managing Director and Director Hire

Duff & Phelps Expands Healthcare M&A Advisory Practice with New Managing Director and Director Hire New York April 11, 2017 – Duff & Phelps, the premier global valuation and corporate finance advisor, has announced the expansion of its Healthcare M&A Advisory Practice with the addition of Managing Director Phil Smith and Director Adam Stormoen. Smith […]

Rush and Midwest Orthopaedics at Rush began construction this week on a new medical professional building in Oak Brook, Ill. (Rendering courtesy of Leopardo Companies)

News Release: Construction Begins on Oak Brook Outpatient Building

April 10, 2017 Facility will provide more convenient access to Rush care in western suburbs Rush and Midwest Orthopaedics at Rush began construction this week on a new medical professional building in Oak Brook, Illinois, that will expand access to academic health care in Chicago’s western suburbs. The anticipated opening of the building, located at 2011 York […]

Thought Leaders: 2017 Healthcare Real Estate Investor & Developer Survey Results

Thought Leaders: 2017 Healthcare Real Estate Investor & Developer Survey Results

CBRE’s U.S. Healthcare Capital Markets Group is pleased to present the findings of our 2017 Investor & Developer Survey. In developing the survey, our main objective was to identify trends in the healthcare real estate industry and to share this information with our clients to help them better understand the state of the market. The […]