News Release: Carter Validus Mission Critical REIT Acquires Bay Area Regional Medical Center Property
(Tampa, FL) Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”) announced that it acquired a 60% interest in the Bay Area Regional Medical Center property (the “Property”), a newly constructed acute care hospital in the Houston suburb of Webster, TX. An affiliate of Medistar Corporation, the developer of the Property, retains the remaining 40% interest […]
News Release: Just Sold – The Oaks Medical Building, Lady Lake, FL
Global Healthcare Services Recently Sold The Oaks Medical Building Lady Lake, FL 27,992 SF Class A Medical Building PSF: $378 Cap Rate: 6.99% Sale Date: July 31, 2014 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services 949.608.2115 ghogan@ngkf.com Brent Barnes Senior Managing Director Global […]
For Sale: Medical Tower Plaza Investment Sale
1060 East 100 South Salt Lake City, UT INVESTMENT SUMMARY CBRE, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the Class B, multi-tenant medical office building known as Medical Tower Plaza (MTP). MTP is prominently located on the corner of 1100 East and 100 South in the […]
News Release: Stained glass windows donated to hospital
Hospital developer Duke Realty donated $16,000 windows for the chapel of the newly opened Mercy Rehabilitation Hospital Springfield as part of ongoing efforts to enhance patient healing SPRINGFIELD, Mo., and INDIANAPOLIS, Sept. 3, 2014 – The chapel of the recently opened Mercy Rehabilitation Hospital in Springfield, Mo., now is graced with beautiful $16,000 stained glass […]
News Release: Gilbane’s Summer Construction Economics Report Predicts Strong Industry Growth Could Be Slowed by Skilled Labor Shortage
Good News/Bad News Scenario: Forecasted Growth Will Be Impacted by Fewer Trained Workers, Reducing Productivity Providence, RI – September 3, 2014 – Gilbane Building Company, an award-winning, global leader in the construction industry, today announced the Summer 2014 edition of its in-house economics report, Building for the Future – Construction Economics: Market Conditions in Construction. […]
News Release: Brookdale and HCP Complete Previously Disclosed Creation of $1.2 Billion CCRC Joint Venture and Amendment of Former Emeritus Leases
NASHVILLE, Tenn. & IRVINE, Calif.–(BUSINESS WIRE)–Sep. 2, 2014– Brookdale Senior Living (NYSE:BKD) and HCP (NYSE:HCP) today announced the closing of their previously disclosed multiple-element transaction, including: i) the creation of a $1.2 billion strategic joint venture initially owning a portfolio of 14 entry fee CCRCs, and ii) amendments to the triple-net leases on 202 HCP-owned […]
For Sale: Sandstone East
2626 EAST UNIVERSITY DRIVE MESA, ARIZONA 85213 Sandstone East is a ±11,308 square foot medical office building located just west of the intersection of Lindsay Road and University Drive in the densely populated city of Mesa, Arizona. The Property, formerly occupied by a physical therapy company and medical general practitioner, is conducive for either a […]
For Sale: Office Campus In Regional Medical Corridor
Pinnacle Center 7900 Airways Boulevard Southaven, Mississippi CB Richard Ellis Memphis, LLC is pleased to present for sale the Pinnacle Center located in Southaven, Mississippi. Constructed from 2002 to 2003, the Pinnacle Center consists of three (3) office buildings containing approximately 73,859 square feet. The Property, at 94.2% leased, has evolved into the preferred off […]
News Release: Duke Realty’s Deeni Taylor to speak at InterFace Healthcare Real Estate Conference
Executive Vice President of Healthcare and two other panelists will present ‘How the Shift to Off-Campus, Freestanding Outpatient Facilities is Changing the Development Business’ DALLAS and INDIANAPOLIS, Aug. 27, 2014 – Indianapolis-based commercial real estate developer Duke Realty announced that Deeni Taylor, Executive Vice President of Healthcare, will be presenting at the 2014 InterFace Healthcare […]
News Release: NexCore Breaks Ground on Medical Office Building on Holy Cross Health Campus in Germantown, Maryland
9,491 SF Medical Office Building Being Developed on First New Hospital Campus in Montgomery County in 35 years SILVER SPRING and GERMANTOWN, Md., and DENVER, Aug. 27, 2014 – NexCore Group, a national healthcare real estate developer, has broken ground on a 79,491 square foot medical office building (MOB) on the new Holy Cross Health […]
August 2014 PDF
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Archives: August 2014
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Entries now open for second annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces the second annual awards program recognizing excellence in healthcare real estate. Entries are due Friday, Oct. 17, 2014. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real estate. The HREI Insights Awards are […]
Cover Story: New York state of mind
How Big Apple-based providers see the healthcare real estate market – and what that might mean for the rest of us By John B. Mugford Needless to say, any doctor who has been involved in providing medical care for a number of decades has watched the business get turned on its head in recent years. […]
Feature Story: Why design matters
BOMA conference panel discusses the healing power of architecture By John B. Mugford Gone are the days when the main goal of designing and building a shiny new healthcare facility was to attract new patients, and hopefully retain them, with plenty of bells and whistles. Today, while attracting patients remains a fundamental objective, healthcare design […]