Archives by date

You are browsing the site archives by date.

Outpatient Projects: Kelsey-Sebold Clinic starts work on new MOB in Houston suburb of Clear Lake, Texas

CLEAR LAKE, Texas – Kelsey-Seybold Clinic of Houston has begun construction on a new MOB in the suburb of Clear Lake to meet increasing demand and improve the patient experience. The new building will consolidate the well-known clinic’s physicians and services from two local buildings into one.

Industry Pulse: New entrants will disrupt healthcare

Industry Pulse: New entrants will disrupt healthcare

$2.8 trillion That’s the size of the U.S. healthcare system, and the potential of the “New Health Economy” will be even greater, says a new report from the consulting company PricewaterhouseCoopers LLP (pwc). That’s the good news. The not so good  news – at least for some current hospitals and physicians – is

Archives: April 2014

Archives: April 2014

Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!) 2014 Archives 2013 Archives

April 2014 PDF

To prevent unauthorized use of our Federally copyrighted content, Healthcare Real Estate Insights™ now uses a three-step process to unlock access to the PDF versions of the Current Editions and Archives:

The proposed 18.7-acre oneC1TY campus in Nashville is slated to include medical office buildings like the one shown above. Will the future of HRE include more master-planned healthcare, life science and technology campuses like this one? (Rendering courtesy of oneC1TY, Cambridge Holdings Inc. and ESa Architects)

Cover Story: Forecasting the future

Industry experts discuss the outlook for the healthcare real estate sector By John Mugford To say that healthcare real estate has come a long way in recent years would be a bit of an understatement. All one has to do to illustrate such a point is to peruse the list of sector investor types – […]

Transactions: Another value-add MOB for N.Y. firm

Benedict Group plans to convert 47% occupied building to all medical space By John B. Mugford Fresh off successfully filling a large amount space in its first medical office acquisition, a Great Neck, N.Y.-based real estate firm is ready to take on another value-add project. The firm, Benedict Realty Group (BRG), recently acquired

With nearly 35,000 square feet of available space, new owner Meridian Property Co. sees plenty of upside for this 69,000 square foot, Kaiser Permanente-anchored medical office building at 5900 State Farm Drive in Rohnert Park, Calif. (Photo courtesy of Meridian Property Co.)

Transactions: Meridian acquires value-add MOB

Sonoma County, Calif., building provides ‘rare” opportunity for medical tenants By John B. Mugford   San Ramon, Calif.-based Meridian Property Co., a commercial real estate firm that focuses mostly on healthcare, recently closed escrow on the purchase of a value-add, 69,000 square foot MOB in Rohnert Park, Calif., about 50 miles north of San Francisco […]

Griffin-American Healthcare REIT II recently acquired the 73,975 square foot Eagle Medical Center in Carson City, Nev., for $19.5 million, or about $264 per square foot.
Photo courtesy of

Transactions: Griffin-American REIT II acquires MOB in Carson City, NV for $19.5M or $264 PSF

CARSON CITY, Nev. – With the largest hospital in the area as a major tenant, the off-campus, outpatient Eagle Medical Center in Carson City is a major medical destination on one of the city’s most-traveled thoroughfares. Newport Beach, Calif.-based Griffin-American Healthcare REIT II recently acquired the 73,975 square foot MOB at 2874 N. Carson St., […]

One of the MOBs being offered as part of the Northwest Indiana Portfolio includes this multi-specialty Franciscan Medical Specialists facility at 919 Main St. in Dyer.
Photo courtesy Avison Young

Hot Property: Portfolio hits the market in Indiana

Offering has six buildings, 170,000 square feet and a AA-rated system tenant Name: Northwest Indiana MOB Portfolio Cities: Munster, Schererville, Dyer and Hammond, Ind. Number of buildings: 6 Total square feet: 170,000 Occupancy: More than 90 percent Seller: Undisclosed Major tenant: Franciscan Alliance Lead brokers: Erik Foster, Mike Wilson Broker: Avison Young, Chicago office

The $20 million, 35,600 square foot Green Valley Health Plaza in Fairfield, Calif., is the first of multiple outpatient facilities planned for NorthBay Healthcare.
Photo courtesy of NexCore Group

Outpatient Projects: NexCore completes NorthBay MOB

Health plaza to be first of multiple outpatient facilities on Fairfield, Calif., campus By Murray W. Wolf NexCore Group LP recently completed the $20 million, two-story, 35,600 square foot Green Valley Health Plaza in Fairfield, Calif., for NorthBay Healthcare. The Denver-based healthcare real estate (HRE) developer says that the project at 4520 Business Center Drive […]

Outpatient Projects: More Outpatient Projects

HSA PrimeCare announced in March that it has completed the 15,200 square foot Hawthorn Surgery Center at 240 Center Drive in Vernon Hills, Ill., a northern Chicago suburb. The tenant, Hawthorn Surgery Center, selected HSA PrimeCare as its development partner in 2012. HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real […]

Outpatient Projects: MOB project underway at former aircraft manufacturing campus in Long Beach, Calif.

LONG BEACH, Calif. – Urbana Development LLC has started construction of the $30 million, two-building, 90,000 square foot Douglas Park Medical Office Park near Long Beach Airport. Urbana, which is affiliated with Long Beach-based JR van Dijs Inc., a local construction and real estate development firm, says 65,000 square feet of the total square footage […]

Brookfield, Wis.-based Hammes Co. was the project manager for Kaiser Permanente Colorado’s new 275,000 square foot Lone Tree Multi-Specialty Center at 10240 Park Meadows Drive, in Lone Tree, Colo., a south Denver suburb.
Photo courtesy of Photography © Frank Ooms

Outpatient Projects: Kaiser unveils outpatient facilities

Provider completes Colorado and California centers; starts process for another By Murray W. Wolf Healthcare giant Kaiser Permanente recently opened new outpatient facilities in Lone Tree, Colo., and Oceanside, Calif., and started the approval process for another facility in Murrieta, Calif. The new 275,000 square foot Lone Tree Multi-Specialty Center in Lone Tree, a south […]

Outpatient Projects: Third-party MOB might fuel building of new facilities for Appalachian State U.

BOONE, N.C. – When officials of Appalachian State University (ASU) last year began exploring ways to use private funding to help underwrite the cost of a new academic building for their growing College of Health Sciences and Allied Professions, they considered student housing, retail and commercial offices. But it now appears that the public-private partnership […]

Construction for a $400 million, 521,000 square foot expansion of the University of Florida (UF) Shands Cardiovascular Neuro-science Hospital in Gainesville, Fla., is on track to begin this fall or winter. Plans call for 216 beds and 20 operating rooms.
Rendering courtesy of UF Shands

Inpatient Projects: $400M UF Shands plan moves ahead

System taps Skanska USA Building for $225 million of pre-construction services By Connie M. McCaffrey The planned $400 million, 521,000 square foot addition to the University of Florida (UF) Shands Cardiovascular Neuroscience Hospital in Gainesville, Fla., took a big step toward reality recently. Skanska USA Building announced April 7 that it has signed a contract […]