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News Release: MedProperties Realty Advisors acquires MOB portfolio in West Virginia

News Release: MedProperties Realty Advisors acquires MOB portfolio in West Virginia

The medical office buildings in Vienna, W.Va., and nearby Belpre, Ohio, are subject to long-term leases with West Virginia University Health System VIENNA, W.Va.; BELPRE, Ohio; and DALLAS, July 10, 2019 – MedProperties Realty Advisors LLC announced that it has acquired a 92,212 square foot medical office building (MOB) in Vienna, W.Va., and a two-building […]

News Release: Walgreens seeks to optimize its real estate

News Release: Walgreens seeks to optimize its real estate

National pharmacy/retailer has big plans for delivering healthcare services By John B. Mugford         After all, the company, operates a network of 9,653 stores in all 50 states and Washington, D.C., that are primarily focused on its pharmacy business as well as selling healthcare and beauty products. Astonishingly, its network of stores […]

News Release: Coordinated Health Professional Practice Opens Hazleton Medical Office Building

News Release: Coordinated Health Professional Practice Opens Hazleton Medical Office Building

Offering Comprehensive Orthopedic Services, Women’s Health, Primary Care and Walk-in Injury Care July 02, 2019 12:45 PM Eastern Daylight Time ALLENTOWN, Pa.–(BUSINESS WIRE)–Coordinated Health Professional Practice announced the opening of a new state-of-the-art medical office building at 26 Station Circle in Hazle Township. Conveniently located in Humboldt Industrial Park, the new facility features expanded orthopedic services as […]

Gary Weatherford of GoHealth Urgent Care (center) describes his firm’s approach to evaluating urgent care center opportunities during the ICSC RECon convention in Las Vegas. He was joined by moderator David Wirth of Cushman & Wakefield (left) and fellow panelist Alan Ayers of Urgent care Consultants (right). (Photo courtesy of ICSC)

Feature Story: Urgent care opportunities abound

R.E. strategies for such facilities is no longer an ‘affluent suburban’ or ‘Sunbelt’ play By John B. Mugford Although some suburban markets nationwide have reached a saturation point when it comes to the number of urgent care centers (UCCs), changes in healthcare and payment systems are creating more and more opportunities in new areas throughout […]

Transactions: HTA enters Chicago market

Transactions: HTA enters Chicago market

REIT pays $40 million for 8 floors of tower across from Northwestern Memorial By John B. Mugford Aside from Welltower Inc.’s (NYSE: WELL) $1.25 billion purchase of 55 medical office buildings (MOBs) from CNL Healthcare Properties on May 15, there has been a bit of a dearth of large healthcare real estate (HRE) deals in […]

Feature Story: Northwestern Memorial flips the script

Feature Story: Northwestern Memorial flips the script

Adding healthcare to retail areas is big trend. But what about adding retail to healthcare? By John B. Mugford The “retailization” of healthcare is a well-documented, recent and successful trend in the country’s medical delivery model. But what about the “healthcare-ization” of retail? Northwestern Memorial HealthCare, a 10-hospital system in Greater Chicago, has flipped the […]

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Feature Story: Micro-hospitals like high-visibility retail locations

Emerus exec’s motto is ‘See me a thousand times before you need me once’ By John B. Mugford Certainly, in this age of the “retailization” of healthcare delivery, finding convenient, highly visible locations in areas with “good demographics” is as important as ever for those planning new medical facilities. Even so, one professional who has […]

Feature Story: How to land business with health systems

Feature Story: How to land business with health systems

Health system execs talk about what they expect from third-party firms  By John B. Mugford MINNEAPOLIS – It is likely that any professional or company involved in healthcare real estate (HRE) has a goal of providing services or capital for, or establishing a client relationship with, strong healthcare systems and providers. One very well-attended panel […]

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Feature Story: ‘Lease vs. own’ examined during BOMA panel

Health systems should invest capital in other areas, one panelist notes By John B. Mugford MINNEAPOLIS – Lease vs. own? It’s a debate as old as time in healthcare real estate (HRE) – well, not quite that old. But for at least a few decades now – ever since third-party developers and investors became key […]

Feature Story: It’s official: Retail has discovered healthcare

Feature Story: It’s official: Retail has discovered healthcare

Annual ICSC RECon retail real estate event focuses on healthcare for the first time By Murray W. Wolf Held annually at the Las Vegas Convention Center, the International Council of Shopping Centers (ICSC) RECon global convention for the shopping center industry is one of the largest trade shows conducted in the United States. Last year, […]

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Feature Story: ‘Interesting deals’ panel was, well, very interesting

LaSalle, Welltower, JLL, HFF and Meridian take a closer look during BOMA panel MINNEAPOLIS — Perhaps it might be easy to write off a panel discussion about recent, notable medical office building (MOB) transactions as a dull rehashing of past deals that everyone in the healthcare real estate (HRE) sector already knows about. However, that […]

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Feature Story: Capital partnerships are all the rage in HRE

For good reason, according to panelists at BOMA MOB conference MINNEAPOLIS — In the early days of the medical office building (MOB) sector, companies that had started to focus exclusively on developing, acquiring and managing such facilities often relied on a network of high net worth individuals, friends and family included, to invest in their […]

Feature Story: BOMA MOB conference was a big hit, again

Feature Story: BOMA MOB conference was a big hit, again

Event enjoyed near-record attendance and high marks for content, networking MINNEAPOLIS – It is our understanding that the seeds of the BOMA International Medical Office Buildings + Healthcare Real Estate Conference were planted in 2003. That’s when a “Medical Office Buildings Seminar” was offered as part of the annual BOMA International Annual Conference and The […]

Feature Story: Catching up with Bryan Lewitt of JLL

Feature Story: Catching up with Bryan Lewitt of JLL

Veteran HRE broker sees new opportunities in retail sites, sale-leasebacks By Murray W. Wolf Bryan Lewitt got any early introduction to the healthcare business. As a high school student back in the mid-1970s, he worked for Tarzana (Calif.) Hospital doing maintenance work and delivering medications within the hospital. And after a brief flirtation with a […]

Jay Buckley

People: Q&A with Jay Buckley, Anchor’s new VP of asset management

After five years with HCP, industry veteran joins private HRE firm to help manage its fast-growing portfolio In a reflection of its strong growth in recent years, Charlottesville, Va.-based Anchor Health Properties recently hired commercial real estate veteran Jay Buckley for the role of VP, asset management. Mr. Buckley, who started his career with an […]