Outpatient Notes (August 2006)
MetroNational to build 35-story tower MEMORIAL HERMANN HAS SIGNED A MASTER LEASE FOR WEST HOUSTON PROJECT By Sonja Pedersen-Green Memorial Hermann announced July 17 that it has signed an extended and expanded master lease agreement with MetroNational Corp. to construct a new 35-story tower on Memorial Hermann’s Memorial City at U.S. Interstate 10 and Gessner […]
Transactions (August 2006)
Triple Net chases another breed of MOB FIRM SNAPS UP $175 MILLION IN ADMINISTRATIVE SPACE USED BY HEALTH INSURERS By Murray W. Wolf Maybe they’re not medical office buildings (MOB) in the usual sense – with physician offices, outpatient surgery, imaging, labs or pharmacies. But when the buyer is a major national real […]
Special Focus: Retail (August 2006)
Rubbing shoulders with retail? MORE MEDICAL SPACE IS POPPING WHERE PEOPLE ARE SHOPPING By Sonja Pedersen-Green Retail locations might just be a new hotspot for medical properties. Although small clinics in big box retail stores have been around for a few years, the new trend might be integrated medical office/retail development, or the placement […]
Q&A: Joe Kurzydym of Lillibridge (August 2006)
By Murray W. Wolf Joe Kurzydym is an executive vice president (EVP) and the chief financial officer with Lillibridge, a Chicago-based healthcare real estate firm that owns or manages 10 million square feet of medical properties for more than 250 hospitals and health systems in more than 40 states. Headed by namesake president and CEO […]
News & Analysis: (August 2006)
M&O nabs Novant portfolio MEADOWS & OHLY ACQUIRES EIGHT MOBs FOR $121.7 MILLION By John Mugford As expected, interest was extremely keen for a portfolio of five Class A medical office buildings (MOBs) offered for sale in recent months by Novant Health Inc., a growing, eight-hospital system based in Winston-Salem, N.C. After receiving offers […]
Market Focus: Los Angeles (August 2006)
Med real estate developers still love L.A. UPGRADES, EXPANSIONS, SEISMIC STANDARDS KEEP LOS ANGELES’ MARKET STRONG By John Mugford Here comes the big one! No, not that one – hopefully. However, in most cities throughout California the main topic on the minds of folks involved in healthcare and healthcare real estate is Senate […]
Industry Pulse (August 2006)
COLUMBUS, Ohio – Now that the long-anticipated $121.7 million Novant Health medical office building (MOB) portfolio sale has finally closed (please see “M&O nabs Novant portfolio” article to the right), does that bring the era of $100 million-plus MOB portfolio sales to an end? Not quite, according to industry sources. Healthcare Real Estate Insights™ […]
Special Report: BOMA Conference: MOB Strategies (August 2006)
Why develop non-acute care real estate? BOMA MOB CONFERENCE DELVES INTO THE STATEGIES BEHIND OUTPATIENT FACILITIES By Murray W. Wolf At first glance, the impetus for developing new outpatient facilities can seem as simple as a need for more space. But upon closer examination, there are usually myriad other reasons – many of […]
