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Companies & People: Developer Rendina starts MOB, surgery center for orthopedic practice in S.C.

MURRELLS INLET, S.C. – Jupiter, Fla.-based Rendina Healthcare Real Estate says it has broken ground for a new project in Murrells Inlet, a 23,000 square foot MOB with a surgery center. The facility is a new project for Carolina Orthopaedic Specialists and the Coastal Surgery Center. It is being built on a 2-acre site about […]

Companies & People: Cornerstone turns building around in Carmel, Ind., bringing occupancy to 100%

CARMEL, Ind. – Indianapolis-based Cornerstone Cos. has succeeded on two fronts recently.

Companies & People: Meridian lands major tenant to fill remaining space at its MOB in Rohnert Park, Calif.

ROHNERT PARK, Calif. – When Meridian Property Co. acquired a 69,000 square foot MOB in Rohnert Park, Calif., earlier this year, the company referred to the transaction as a “value-add” opportunity.

The BGLRP Healthcare Group, a new division of Cleveland-based Brown Gibbons Lang & Co., recently closed its call for offers for the three-property, 65,631 square foot Heritage Park Surgical Hospital in Sherman, Texas. (Photo courtesy of Photo courtesy of Brown Gibbons Lang)

Companies & People: New HRE advisory firm going strong

Investment banking firm Brown Gibbons Lang & Co. starts real estate group By John B. Mugford Add a new name to the list of firms serving the healthcare real estate (HRE) sector, as Cleveland-based Brown Gibbons Lang & Co. (BGL), a middle-market investment bank, recently launched a new real estate group that includes a healthcare […]

News Release: McCarthy Tops Out Construction for Sharp Grossmont Hospital Heart and Vascular Center in San Diego County

New taxpayer-funded facility will allow for needed expansion of hospital’s surgery department and patient services as part of Prop. G bond infrastructure improvements SAN DIEGO – (June 24, 2014) – McCarthy Building Companies, Inc., one of the nation’s leading healthcare builders, has topped out structural steel construction for the new 71,000-square-foot Heart and Vascular Center […]

News Release: Akron General Health & Wellness Innovations New Name for Wellness Center Development Subsidiary

New Name Reflects Positive Growth, New Projects The Boldt Company to Provide Real Estate Development Services; Capital Akron General Health & Wellness Innovations is the new name of the Akron General Health System subsidiary overseeing the intellectual property, design and operation of wellness centers now in development around the country.  Akron General Health & Wellness […]

For Sale: Class A Medical Office Portfolio in Dallas-Fort Worth

Jones Lang LaSalle Americas, Inc. is pleased to offer for sale the fee simple interest in the sale-leaseback of two Class A medical office buildings fully occupied by a market leading orthopedic group in the Dallas-Fort Worth metropolitan area. The offering is comprised of the 37,100 rentable square foot Arlington Orthopedic Associate Arlington MOB, and […]

News Release: Optimal Outcomes New Development Project in Brandon

News Release: Optimal Outcomes New Development Project in Brandon

Optimal to develop new medical office building to serve medical providers in the growing Brandon community Brandon, Florida, June 19th, 2014 — Optimal Outcomes will soon break ground in Brandon, FL for a new medical facility in one of Tampa Bay’s most rapidly growing areas. Optimal Outcomes acquired the property located at the corner of […]

News Release: SNL Real Estate: US Hotel REITs Log $1.26B in Acquisitions YTD, $4.48B Over 18 Months

With $4.48 billion in property deals since Jan. 1, 2013, hotel REITs have been active acquirers. But the number of hotels acquired and deal value have slowed year-to-date in 2014, down 25% and 11.3%, respectively. With the first half of 2014 nearing completion, the acquisition activity in the publicly traded U.S. hotel REIT space included […]

News Release: CBRE’s U.S. Healthcare Capital Markets Group Sells Villa Rosa Medical Plaza in San Antonio, Texas

SAN ANTONIO (June 19, 2014) – CBRE announces the sale of the Villa Rosa Medical Plaza in San Antonio, Texas. Chris Bodnar and Lee Asher, with CBRE’s U.S. Healthcare Capital Markets Group, and Scott Herbold and Todd Mills, with CBRE’s San Antonio office, represented the seller, L&B Realty Advisors, LLP. Anchored by CHRISTUS Health (a […]

News Release: BGL Healthcare & Life Sciences Insider: Adapting to a New Normal – Consolidation within the Healthcare Provider Industry

The BGL Healthcare & Life Sciences Insider is a periodic research publication addressing capital markets and mergers and acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends within the healthcare and life sciences industry. In this edition, we feature a spotlight on consolidation within the healthcare provider sector.  Healthcare reform is driving […]

News Release: Lincoln Harris CSG Brokers Medical Retail Lease in Preston Center

Medical City Dallas secures 10,554 square feet for emergency care center DALLAS– Lincoln Harris CSG, a full-service commercial real estate services company, has negotiated a 10,554-square-foot lease for Medical City Dallas at the Currin Building in Preston Center, owned by Lobello Properties. The facility marks another location among Hospital Corporation of America’s (HCA) off-campus emergency […]

News Release: Five Medical Office Buildings Sold in the Second Quarter by John Smelter of Marcus & Millichap

News Release: Five Medical Office Buildings Sold in the Second Quarter by John Smelter of Marcus & Millichap

SAN DIEGO, June 18, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced that John Smelter, a senior director of the firm’s Healthcare Real Estate Group in San Diego, negotiated the sale of five medical office properties in locations […]

Rendina and Jupiter Medical Center Break Ground on the New Margaret W. Niedland Breast Center

Rendina and Jupiter Medical Center Break Ground on the New Margaret W. Niedland Breast Center

Rendina Companies recently broke ground for a 23,000 square foot facility in Murrells Inlet, S.C., that will house Carolina Orthopaedic Specialists, Coastal Surgery Center and Proaxis Physical Therapy. JUPITER, Fla.,  June 18, 2014 – Rendina Healthcare Real Estate announces that it has recently broken ground on a new project for Jupiter Medical Center in Jupiter.  […]

For Sale: Heritage Park Surgical Hospital

Brown Gibbons Lang & Company Real Estate Partners is pleased to exclusively offer Heritage Park Surgical Hospital and Visionary Medical Imaging for purchase. The Hospital and Imaging Center, totaling 65,631 rentable square feet, are located in Sherman, TX, which is approximately 65 miles northeast of Dallas. Investment Highlights Year-1 NOI of $2,297,085 with annual fixed […]