Hot Property: An opportunity grows in Brooklyn
Name: One Hanson Place Number of Medical Suites: 9 Location: 1 Hanson Place, Brooklyn, N.Y. Size: 12,396 square feet (nine suites) Asking Price: $7.975 million Price Per Square Foot: $643.35 Cap Rate: 8.01% Occupancy: 100% Avg. remaining lease term: 5 years Building Completed: 1927 Seller: Noyack Medical Partners LLC Tenants: Dentists, oral surgeons, urologist, pediatrics […]
News Release: ERDMAN Announces New Partnership with Riverside HealthCare
Firm to begin planning and construction on new assisted living facility MADISON, Wis. (Mar. 25, 2013) – ERDMAN, a national leader in healthcare consulting, facility planning, development and design-build, today announced a new engagement with Riverside HealthCare, headquartered in Kankakee, Ill. Riverside Healthcare has partnered with ERDMAN to plan, develop and build a new $15 […]
Transactions: HTA acquires another MOB in Dallas
This time, REIT pays $48.7M for facility on campus of physician-owned hospital By John B. Mugford In recent months, officials with Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) expressed how pleased they were to acquire a medical office building (MOB) on the campus of the physician-owned Forest Park Medical Center in Dallas. The […]
Editor’s Letter: Watch out for Chicago
Windy City’s healthcare scene is about to take off Dear Reader: Without a doubt, the best known concentration of medical facilities in the country is in Houston: The Texas Medical Center. The granddaddy of all medical districts, the area not far from downtown has a total of 37 million square feet of space inside hospitals, […]
