Companies & People: Gresham Smith completes projects in Greensboro, N.C. and Charlottesville, Va.
KATY, Texas – Gresham Smith and Partners (GS&P), a design and consulting firm, recently completed two projects in the eastern part of the country. On one of the projects, the Nashville, Tenn.-based firm provided architecture, interior design and planning services for a new 44,000 square foot outpatient care center for
Companies & People: Kaiser selects Hammes Co. for six-story, 275,000 s.f. MOB as part of Colorado expansion
LONE TREE, Colo. – Hammes Co. was selected by Oakland, Calif.-based Kaiser Permanente to provide staff augmentation services for the provider’s future 275,000 square foot, six-story freestanding MOB in Lone Tree. Brookfield, Wis.-based Hammes Co. is providing project management, cost control, schedule review and change order administration for the project, which is slated for completion […]
Companies & People: Transwestern brokers 17,000 s.f. medical office lease in repurposed office complex
SAN RAMON, Calif. – Transwestern’s East Bay, Calif., office recently brokered a long-term lease of more than 17,000 square feet of medical office space in a newly repurposed two-building complex in San Ramon, Calif. The new tenant is IntegraMed America, a specialty healthcare services provider, which signed a lease at the Park Place Medical Building, […]
Companies & People: RJ King Associates Healthcare Real Estate brokers sale of Florida MOB
TAMPA, Fla. – RJ King Associates Healthcare Real Estate reports that it recently arranged the sale of Northside Medical Plaza, a three-story, 54,000 square foot medical office building (MOB) in St. Petersburg, Fla. Phillip Faircloth, senior VP investments, and Robert J. King, CEO, handled the transaction for the Tampa-based healthcare real estate services firm. The […]
Companies & People: Healthcare Real Estate Capital provides services for Yale-New Haven Hospital
NEW YORK – Healthcare Real Estate Capital (HRE Capital) recently completed marketing and transaction services on the completion of a sale-leaseback of various properties for Yale-New Haven Hospital in New Haven, Conn. The transaction involved a 53,000 square foot office and retail building, a 24-unit extended stay hotel and an 845-space parking garage – all […]
Companies & People: Cain Brothers assists large Texas systems in merger effort
TEXAS – In December, two large Texas health systems signed a letter of intent (LOI) to form what would be the state’s largest system, a $7.7 billion organization. New York-based Cain Brothers & Co. LLC was hired by the Texas systems, Dallas-based Baylor Health Care System and Temple-based Scott & White, to assist with the […]
Companies & People: JLL to advise large W. Va. system
Firm collaborating with four-hospital, 4 million s.f. Charleston Area Medical Center By John B. Mugford Charleston Area Medical Center (CAMC) in Charleston, W.Va., is comprised of four hospitals with about 840 beds and nearly 4 million square feet of owned and leased space. In a move that is considered a growing trend, the health system […]
Post-Acute & Senior Living: More News
■ LCB Senior Living LLC reportedly paid a record price when it recently acquired the 50-unit, 83-bed Arbors of Bedford assisted living community in Bedford, N.H., from Merrimack Health Group, according to The Senior Care Investor newsletter. The $35 million purchase price works out to $700,000 per unit and $422,000 per bed. Cushman and Wakefield’s […]
Post-Acute & Senior Living: Denver seeing flurry of senior living
Changing preferences and population growth are presenting fresh opportunities By Murray W. Wolf The aging of the population and a stronger economy are spurring a flurry of senior living development in the Denver area. The largest project to be announced is Balfour at Riverfront Park in Denver. The proposed $74 million, 205-unit continuing care retirement […]
Inpatient Projects: Large Dallas hospital to get even larger with $114M project
DALLAS – Medical City Dallas Hospital and Medical City Children’s Hospital, which are on the same campus and are both part of HCA North Texas, is in the midst of planning for a $114 expansion. The project would entail adding four new floors on top of the hospital’s E Tower and renovating existing space in […]
Inpatient Projects: Year-old hospital near Dayton keeps growing, adding more beds
BEAVERCREEK, Ohio – At a time when the country’s healthcare system is seeing a declining demand for beds, the newest hospital in the Dayton, Ohio, area is experiencing just the opposite. In order to keep up with demand, the Indu and Raj Soin Medical Center in Beavercreek, which opened as a $135 million, 90-bed hospital […]
Inpatient Projects: Saint Thomas in Nashville embarking on $110M, 4-year capital project
NASHVILLE, Tenn. – Saint Thomas Hospital in Nashville has broken ground on a four-year, $110 million modernization project that, according to CEO Dawn Rudolph, will make the facility “better, not bigger.” The project will require renovation of existing space and construction of a new 155,000 square foot inpatient tower to serve as its new “front […]
Inpatient Projects: D.C. mayor calls for new strategy
City-owned hospital would be modernized, run by third-party operator By John B. Mugford Instead of selling the financially troubled United Medical Center in Washington, as a recent plan had called for, D.C. Mayor Vincent Gray recently announced that he would like to see the city remodel or rebuild the hospital into a “modern” facility that […]
Outpatient Projects: VA clinic to be housed in older, rehabbed building in Fort Wayne
FORT WAYNE, Ind. – Birmingham, Ala.-based Johnson Development plans to begin a reconstruction project in Fort Wayne in April, converting an existing on-campus building into an outpatient facility to be leased and operated by the U.S. Department of Veterans Affairs (VA). Renovating the building, which is on the campus of Parkview Hospital’s Randallia campus in […]
Outpatient Projects: Large on-campus MOB opening in phases at Tacoma hospital
TACOMA, Wash. — For the third time, Bloomington, Minn.-based Frauenshuh HealthCare Real Estate Solutions and its Tacoma office have completed an outpatient project for Tacoma, Wash.-based Franciscan Health System. According to local reports, the latest project, the $90 million, 120,000 square foot Franciscan Medical Building at St. Joseph Medical Center, looks more like a corporate […]
