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Outpatient Projects

Medical Office Buildings

News Release: Echo Development Group, Inc. Acquires 5 Acre Land Parcel in Colorado Springs for MOB Development

News Release: Echo Development Group, Inc. Acquires 5 Acre Land Parcel in Colorado Springs for MOB Development

FOR IMMEDIATE RELEASE Chicago, IL (April 18, 2019) – Echo Development Group, Inc. announces it has acquired land in Colorado Springs, CO with plans to develop a class-A medical office building. The property is approximately 5 acres and is located at 2460 Research Parkway in the heart of the Briargate area of northeast Colorado Springs. […]

News Release: RD Management announces mixed-use development at Muskegon Shopping Center in Michigan

News Release: RD Management announces mixed-use development at Muskegon Shopping Center in Michigan

April 17, 2019 Residential buildings and a Mercy Health facility will be added upon removal of a vacant former Kmart RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, announced today mixed-use development plans for its Muskegon Shopping Center located at 3530 Henry Street in Muskegon, Michigan. The new project […]

News Release: Meridian Repositions and Recapitalizes Historic Medical Office Building in Phoenix

News Release: Meridian Repositions and Recapitalizes Historic Medical Office Building in Phoenix

PHOENIX – Meridian, a full-service commercial real estate developer and owner of medical real estate, is pleased to announce that it has completed the renovation and repositioning of Grunow Memorial Medical Center, a landmark 53,000-square-foot, two-story, medical office building located at 926 East McDowell Road in Phoenix, Arizona. Once the repositioning was completed, Meridian formed […]

News Release: IMC Construction’s Penn Medicine Radnor Tops Out

News Release: IMC Construction’s Penn Medicine Radnor Tops Out

Officials from Penn Medicine and IMC Construction topped out the new outpatient facility under construction in Radnor. Malvern, PA (April 2019) — IMC Construction, a nationally-recognized, full-service construction company, held topping out ceremonies on April 8th on a multispecialty outpatient facility for the University of Pennsylvania Health System. The event on the Radnor site was […]

News Release: Medical Specialty Practices Combine Forces to Build 42,000-Square-Foot Medical Office Building

News Release: Medical Specialty Practices Combine Forces to Build 42,000-Square-Foot Medical Office Building

CBRE announced today that it assisted four medical specialty groups to buy acreage and build a new medical office building. Molly Leach, vice president, CBRE, assisted the group in the purchase, located at 430 Altair Parkway, Westerville, Ohio, 43082. Ohio Gastroenterology, Central Ohio Skin & Cancer, Premier Urology and Professionals for Women’s Health were previously in […]

Construction has been completed on Hunter Professional Plaza at 151 Stagecoach Trail in San Marcos, Texas.

News Release: Construction completed on new medical office development in fast-growing San Marcos, Texas

(MARCH 26, 2019 – SAN MARCOS, TEXAS) – Transwestern Commercial Services (TCS) today announces Kogut Commercial Real Estate and Mittman Real Estate completed construction of Hunter Professional Plaza, consisting of 25,240 square feet of medical office space. Located at 151 Stagecoach Trail in San Marcos, Texas, the building is 41 percent leased. TCS Senior Vice […]

The "Trends and Market Forces" panel at InterFace Healthcare West included (from left to right): moderator Todd Varney of NexCore, Carl Nelson of Orcutt | Winslow, Neil Carolan of Rendina, Jake Dinnen of PMB, Nancy Moses of Trammell Crow and John Grossman of Millie and Severson. (HREI photo)

Feature Story: Development on the rise

Panelists at InterFace Healthcare West talk about the market, trends and the future By John B. Mugford In the years since the Great Recession, the amount of medical office building (MOB) development has remained relatively steady, according to at least a couple of sources. And yet, during a panel session last week concerning healthcare real […]

News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer

News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer

Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]

The 80,000 square foot Mercy Gilbert Medical Plaza II, being developed by PMB on the Dignity Health Mercy Gilbert Medical Center campus, is 100 percent committed.

News Release: PMB joins forces with Dignity Health once again to develop MOB in suburban Phoenix

San Diego-based healthcare real estate firm is developing the 80,000 square foot Mercy Gilbert Medical Plaza II on the Dignity Health Mercy Gilbert Medical Center campus in Gilbert, Ariz. GILBERT, Ariz., March 13, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, is in the midst […]

Outpatient Projects: An MOB project that was worth the risk

Outpatient Projects: An MOB project that was worth the risk

Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]

News Release: Highmark and Geisinger complete joint venture for new health care organization

News Release: Highmark and Geisinger complete joint venture for new health care organization

New organization expands access to affordable, high-value care in Clinton, Lycoming, Sullivan and Tioga counties Geisinger and Highmark Health today announced the completion and details of a previously-announced clinical joint venture. The organizations signed of a letter of intent to explore the joint venture in May 2017, and in the time since have been working […]

News Release: McCarthy Completes Children's Hospital Outpatient Center at Erlanger

News Release: McCarthy Completes Children’s Hospital Outpatient Center at Erlanger

Recently, McCarthy Building Companies, Inc. completed the Children’s Hospital Outpatient Center (CHOC) project located within Children’s Hospital at Erlanger in Chattanooga, TN. Also serving as the hospital’s new entrance, the new three-story 90,000 square-foot center houses 72 rooms for an array of services including pediatric imaging, lab services, pharmacy and pediatric specialty clinics such as cardiology, neurology, genetics, gastroenterology […]

News Release: Seavest gains approval for major downtown San Francisco medical office conversion

News Release: Seavest gains approval for major downtown San Francisco medical office conversion

Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor  SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]

News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.

News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.

NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. […]

News Release: MMC to Build New Scarborough Campus Medical Office Building

News Release: MMC to Build New Scarborough Campus Medical Office Building

Maine Medical Center (MMC) will invest $59 million in a new Maine Medical Partners (MMP) medical office building at its Scarborough campus as part of its overall expansion and modernization project. The 108,000-square-foot, three-story building will be home to Maine Medical Partners practices including Neurology, Neurosurgery & Spine, Otolaryngology (Ear, Nose & Throat) and Vascular […]