LITTLETON, Colo. – A 7,430 square foot freestanding emergency department (FED) facility in Littleton, about 20 miles southwest of Denver, recently traded hands for a substantial price per square (PSF) of $1,213.
GLENDALE, Ariz. – A 12,148 square foot DaVita dialysis clinic in Glendale, south of Phoenix, recently traded hands for $4.55 million, or $375 per square foot (PSF). The property at 20325 North 51st Ave. is fully leased to Denver-based DaVita Inc. (NYSE: DVA), which recently extended its term by 10 years.
GERMANTOWN, Tenn. – With its current orthopedics surgery center in the Memphis, Tenn., suburb of Germantown operating at full capacity, locally based Campbell Clinic recently broke ground with its development partner, Jupiter, Fla.-based Rendina Healthcare Real Estate, on a new facility next door.
CORAL SPRINGS, Fla. – In more news from Rendina, the company and Cleveland, Ohio-based The Cleveland Clinic were recently preparing to open the new Coral Springs Family Health Center about 45 miles north of Miami.
CHARLOTTE, N.C. – The Keith Corp. (TKC) and AM King Group, both based in Charlotte, announced in early June that construction is underway on a single-specialty, dental-only surgery center in the University area of Charlotte.
REIT’s development unit to raze buildings, add large MOB at Cary, N.C., campus By John B. Mugford Although most of its medical office building (MOB) developments to date have been continuations of projects that it took over when it acquired the healthcare real estate (HRE) development unit of Duke Realty Corp. (NYSE: DRE), Healthcare Trust […]
CHAPEL HILL, N.C. – Two years after first announcing plans for a surgical tower to replace aging operating rooms (ORs) in its N.C. Memorial Hospital, UNC Health Care plans to break ground in September on an expanded version of the project.
SUFFOLK, Va. – Ever since Norfolk, Va.-based Sentara Healthcare opened a new outpatient campus with a freestanding emergency department (FED) in the northern part of Suffolk in 2008, the number of patients needing to be transferred to other area hospitals has continued to grow.
Highmark and Penn State Health plan a 108-bed facility near Harrisburg, Pa. By John B. Mugford When Pittsburgh-based Highmark Inc., a large insurer with more than 5 million members in three states, formed a partnership with Hershey, Pa.-based Penn State Health in late 2017, the announced goal was to build a strong healthcare network in […]
KING OF PRUSSIA, Pa. – The Wilmington, Del., office of Anchor Health Properties recently started the development of the $32 million, seven-story, 94,000 square foot Women’s Specialty Center in King of Prussia, about 20 miles from Philadelphia.
Systems and physicians are becoming more sophisticated Healthcare systems and physicians groups might have paid minimal attention to their real estate dealings in the past, but new pressures, challenges and opportunities are motivating them to make that more of a priority.