Transactions (Febraury 2008)
Nationwide mops up MOBs in St. Louis REIT CONTINUES DIVERSIFICATION; TEAMS WITH McSHANE ON $50M PURCHASE By John Mugford Nationwide Health Properties (NYSE: NHP), a publicly traded healthcare real estate investment trust (REIT) based in Newport Beach, Calif., is continuing with its diversification toward owning more and more MOBs. As noted in an article starting […]
Provider Profile: Memorial Hermann (February 2008)
Memorial Hermann keeps spreading out HOUSTON SYSTEM UTILIZES REAL ESTATE, DEVELOPERS TO CONTINUE EXPANSION By Dan Emerson When the Houston-based Memorial Hermann Healthcare System celebrated its centennial in 2007, it did so in style by completing the lion’s share of a $600 million building campaign. Launched in 2005, the Century Project has expanded Memorial Hermann’s […]
People (February 2008)
Lillibridge names John Montgomery to lead development CHICAGO – Lillibridge Healthcare Services in recent weeks announced that John D. Montgomery, SVP, has been appointed to head the company’s development division, which is in Plano,Texas, in the Dallas-Ft. Worth Metroplex. According to company chairman and CEO, Todd W. Lillibridge, Mr. Montgomery will be responsible for all […]
Outpatient Projects (February 2008)
Honolulu to get two new, tall MOBs MONTECITO MEDICAL, HEALTHCARE REALTY TRUST HAVE SEPARATE PLANS By John Mugford Two of the Big Kahunas in healthcare real estate are in the process of developing medical office buildings in the Pacific Ocean paradise of Hawaii. One of the firms is fast-growing Santa Barbara, Calif.-based Montecito Medical Investment […]
Inpatient Projects (February 2008)
Work starts on $747M military hospital FACILITY TO REPLACE 50-YEAR-OLD DEWITT ARMY HOSPITAL IN FORT BELVOIR, VA. By Dan Emerson Construction has started on a 120-bed, $747 million military hospital at Fort Belvoir in southeast Fairfax County,Va.The project is part of an ongoing realignment of U.S. military health facilities. The military hospital is slated to […]
Industry Pulse (February 2008)
MERRIAM, Kansas – Shawnee Mission Medical Center, located in the far western suburbs of the Kansas City metro area of Missouri and Kansas, recently announced plans to buy 42 acres in the southern part of growing Overland Park, Kan., for a future hospital. The hospital campus would be developed in phases, starting with outpatient services […]
Companies: Cogdell Spencer (February 2008)
Cogdell Spencer buys Marshall Erdmann NEW M&A DEAL IS LATEST EXAMPLE OF A MARRIAGE OF REAL ESTATE SERVICE FIRMS By John Mugford Thursday, January 24, 2008 Cogdell Spencer to buy Marshall Erdman for $247M Charlotte Business Journal Cogdell Spencer Inc. has agreed to acquire Marshall Erdman and Associates, a Wisconsin designer and builder of healthcare […]
