Current Edition

Transactions: Carter Validus Mission Critical REIT II buys MOBs in separate deals in Illinois, Texas

Transactions: Carter Validus Mission Critical REIT II buys MOBs in separate deals in Illinois, Texas

TAMPA, Fla. – Tampa-based Carter Validus Mission Critical REIT II (C-V REIT II), which acquires healthcare and data center properties, recently made two medical purchases.

Transactions: Encino, Calif., asset fetches $35.5 million; HFF brokers sale of ‘value-add’ MOB

ENCINO, Calif. – Holliday Fenoglio Fowler LP (HFF) announced April 6 that it was the seller’s exclusive agent for the $35.5 million sale of the nine-story, 128,243 square foot Encino Corporate Plaza on 1.18 acres at 16661 Ventura Blvd. in Encino, outside of Los Angeles.

Transactions: Local New York firm acquires fully occupied MOB on Long Island for $14.7 million

Transactions: Local New York firm acquires fully occupied MOB on Long Island for $14.7 million

NORTH HILLS, N.Y. – New York-based CHC Management Group recently acquired a 24,690 square foot MOB in North Hills, in Nassau County on Long Island, for $14.7 million, or $593 PSF.

Among the new tenants at the emerging 84South mixed-use development near Milwaukee is Aurora Health Care, which recently announced that it plans to occupy a $55 million, 130,000 square foot ASC and MOB.
Rendering courtesy of Cobalt Partners

Outpatient Projects: Big mixed-use project adds ASC

Aurora Health Care to occupy 130,000 square foot facility in Greenfield, Wis. By John B. Mugford Among the future tenants garnering headlines at the emerging 84South commercial and residential development underway just off U.S. Interstate 41 in Greenfield, Wis., a Milwaukee suburb, is Portillo’s, a famous Chicago-based restaurant chain featuring Italian beef sandwiches, Chicago-style hotdogs, […]

Outpatient Projects: Rush University to bring more outpatient services to suburbs in $65 million facility

Outpatient Projects: Rush University to bring more outpatient services to suburbs in $65 million facility

OAK BROOK, Ill. – Seeing a need to bring more services closer to its large patient base in the suburbs, Rush University Medical Center of Chicago recently broke ground on a $65 million, 100,000 square foot outpatient facility in Oak Brook.

Outpatient Projects: Avera Health plans large, ‘consumer-friendly’ campus in Sioux Falls, S.D.

Outpatient Projects: Avera Health plans large, ‘consumer-friendly’ campus in Sioux Falls, S.D.

SIOUX FALLS, S.D. – Avera Health, which has 300 locations in South Dakota, has big plans for a new outpatient health campus.

Outpatient Projects: MedCore Partners, Spine Team Texas break ground for on-campus MOB in Dallas suburb

Outpatient Projects: MedCore Partners, Spine Team Texas break ground for on-campus MOB in Dallas suburb

ALLEN, Texas – In order to bring outpatient spine care and other services to its campus in growing Allen, a north Dallas suburb, Texas Health Presbyterian Hospital Allen (THA), part of Arlington-based Texas Health Resources (THR), along with healthcare real estate firm MedCore Partners, recently broke ground on a 48,000 square foot MOB.

Outpatient Projects: S.C. system working on second MOB in seven-building campus near Myrtle Beach, S.C.

Outpatient Projects: S.C. system working on second MOB in seven-building campus near Myrtle Beach, S.C.

JACKSONVILLE, S.C. – The first building of Florence, S.C.-based McLeod Health’s 43-acre, under development outpatient healthcare campus in Carolina Forest, a 500-acre planned community in Jacksonville, S.C., near Myrtle Beach, opened in recent months.

Outpatient Projects: Lee Health starts work on $140 million outpatient campus in growing Estero, Fla.

Outpatient Projects: Lee Health starts work on $140 million outpatient campus in growing Estero, Fla.

ESTERO, Fla. – Cape Coral, Fla.-based Lee Health, a four-hospital system on the Gulf Coast, is moving forward with its planned $140 million, 163,000 square foot outpatient medical campus in Estero, about halfway between Fort Myers and Naples, according to the local News-Press newspaper.

Outpatient Projects: NexCore completes new orthopedic center in N.Y., for UHS Hospitals system

VESTAL, N.Y. – During this era when healthcare systems are conserving capital as best they can, newly developed facilities need to accomplish important strategies or grow revenue.

Outpatient Projects: Large ENT practices acquires land, plans building in Columbia, S.C.

Outpatient Projects: Large ENT practices acquires land, plans building in Columbia, S.C.

COLUMBIA, S.C. – South Carolina ENT, Allergy and Sleep Medicine (SCENT), which has five locations in the Midlands area of the Greater Columbia, recently purchased a 1.2-acre site for the development of a new multi-story MOB in the northern part of the city.

Aurora Health Care recently announced plans $324 million worth of new healthcare facilities – including a replacement hospital, an ASC and an MOB – east of U.S. Interstate 43 in the Village of Kohler, Wis.
Photo courtesy of Aurora Health Care

Inpatient Projects: Wis. system plans big replacement

Aurora Health Care project would add $324 million worth of facilities in Kohler, Wis. By Connie M. McCaffrey In a continuation of its increased development activity, Aurora Health Care recently announced that it has plans for $324 million worth of new healthcare facilities – a hospital to replace the aging Aurora Sheboygan Memorial Medical Center, […]

Inpatient Projects: Kaiser Permanente opens its first new hospital in San Diego in 40 years

Inpatient Projects: Kaiser Permanente opens its first new hospital in San Diego in 40 years

WAUKESHA, Wis. – Waukesha-based ProHealth Care plans to develop a $15 million, 37,000 square foot, single-story heart and vascular center that will be connected to its Waukesha Memorial Hospital campus.

Transactions: San Diego company acquires two, fully occupied MOBs in northern Scottsdale

Transactions: San Diego company acquires two, fully occupied MOBs in northern Scottsdale

SCOTTSDALE, Ariz. – A San Diego-based asset advisory firm recently acquired side-by-side MOBs in far northern Scottsdale, at the northeast corner of the Loop 101.

Inpatient Projects: Christus Mother Frances to expand Tyler, Texas, hospital with $100 million tower

Inpatient Projects: Christus Mother Frances to expand Tyler, Texas, hospital with $100 million tower

TYLER, Texas – Christus Trinity Mother Frances Health System has begun developing a $100 million tower on the south side of Christus Mother Frances Hospital in Tyler, about 100 miles east of Dallas, to expand its emergency and intensive care capabilities and leave room for future growth.