Transactions (May 2008)
Beverly Hills MOB sells for $869 PSF HIGH-PROFILE PLASTIC SURGEONS FILL BUILDING, WHICH IS IN A ‘SKIN’-TIGHT MARKET By John Mugford Throughout the country, the price per square foot for medical office buildings (MOBs) has leveled off in recent quarters, even dropped a bit. That’s according to statistics from New York-based Real Capital Analytics (RCA) […]
Outpatient Projects (May 2008)
Camino Medical plans $100M facility 150,000 SQUARE FOOT OUTPATIENT BUILDING SLATED FOR SITE IN SUNNYVALE, CALIF. By John Mugford Mountain View, Calif.-based Camino Medical Group recently announced plans to rebuild its main clinic in Sunnyvale, Calif., just north of San Jose. The future 150,000 square foot facility, which would have twice as much space as […]
News and Analysis: Tenet Portfolio (May 2008)
Tenet says the time is right JLL IS MARKETING 34 MOBS TOTALING 2.8M S.F. FOR PROVIDER By John Mugford The reasons that Dallas-based Tenet Healthcare Corp.’s (NYSE: THC) is looking to sell a portfolio of medical office buildings (MOBs) comprise the classic definition of a monetization in today’s world of healthcare real estate. For one […]
Market Focus: Dallas-Fort Worth (May 2008)
Metroplex on the move HOSPITALS POPPING UP IN ‘BURBS AS REGION THRIVES By John Mugford There’s no complicated explanation for the strong healthcare real estate market in the Dallas-Fort Worth metropolitan area (DFW). In fact, the driver behind the success of medical real estate in what is known as the Metroplex is growth: both in […]
Industry Pulse (May 2008)
PRINCETON, N.J. – A late-summer groundbreaking is expected for a new, $441 million University Medical Center at Princeton (UMCP), the acute care hospital of Princeton HealthCare System. The replacement hospital is scheduled to open in 2011 in nearby Plainsboro, N.J. The hospital fundraising campaign recently received a major boost in the form of a $25 […]
Editor’s Letter (May 2008)
Dear Reader: If you think this edition of Healthcare Real Estate Insights™ looks a little different, you’re right. This month, we are pleased to unveil some new features and design changes intended to make HREI™ an even more useful tool for healthcare real estate professionals. Healthcare real estate is still a bit of an emerging […]
Companies (May 2008)
Construction firm chosen for $682M tower in Oakland OAKLAND, Calif. – Alameda County, Calif., recently selected Sacramento, Calif.-based Vanir Construction Management Inc. to provide program support and construction management for a $682 million replacement tower at ACMC Highland General Hospital in Oakland. The new 161-bed tower would be connected to a new critical care and […]
