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Rendina Healthcare Real Estate began construction of the 22,476 square foot Murrells Inlet ASC, also known as the Carolina Coastal Surgery Center, in less than six months, beating a looming Certificate of Need (CON) deadline. Photo courtesy of Rendina Healthcare Real Estate

Feature Story: HREI Insights Awards Winner – Best New MOB (Less Than 25,000 S.F.)

No hurdles too high for Rendina Developer overcomes multiple challenges to build South Carolina MOB/ASC Facility name: Murrells Inlet ASC Address, City, State: 3545 Highway 17 Bypass, Murrells Inlet, S.C. Client/owner: Murrells Inlet Investors LLC Product type: MOB/ASC Number of stories: 2 Square footage: 22,476 Site acreage: 1.82 Parking: 92 surface spaces Construction start date: May 2014 Construction complete date: May 2015 Cost: $7.11 million […]

Caddis selected the location of the Heartis - Amarillo community after using its own supply and demand algorithm, together with ArcGIS mapping software, to analyze multiple opportunities, then confirming those findings with additional research. Photo courtesy of Caddis

Feature Story: 2015 HREI Insights Awards Winner – Best Post-Acute/Senior Living

Heartis scores Amarillo win High tech approach helps Caddis to deliver warm environment for Texas seniors Facility name: Heartis – Amarillo Assisted Living & Memory Care Facility Address, City, State: 1601 Research St., Amarillo, Texas Product type: Assisted living Number of stories: 1 Square footage: 63,671 Site acreage: 4.9 Parking: 80 surface spaces Construction start date: Sept. 2013 Construction complete date: Aug. […]

Feature Story: Previous Insights Awards™ Winners

Here’s who won the HREI Insights Awards™ during the first two years of the program Best New Medical Office or Other Outpatient Building (Less than 25,000 square feet) 2013: Meridian Property Co. DaVita Stevens Creek 2014: Davis Moore Capital Duke Medicine at Meadowmont Best New Medical Office or Other Outpatient Building (25,000 to 49,999 square […]

The 72,000 square foot Rohnert Park Medical Office Building began life as a general office building but got a $6 million makeover from Meridian. Photo courtesy of Meridian

Feature Story: 2015 HREI Insights Awards Winner – Best Renovated/Repurposed

New MOB provides convenience Facility fills an important consumer need in Rohnert Park, Calif. Facility name: Rohnert Park MOB Address, City, State: 5900 State Farm Drive, Rohnert Park, Calif. Product type: Medical office building Number of stories: 2 Square footage: 72,000 Site acreage: 4.79 Parking: 315 surface spaces Construction start date: May 2015 Construction complete date: Aug. 2015 Cost: $13.5 million Owner: Meridian Major users/tenants: Kaiser […]

Erik Tellefson (left, shown with HREI Publisher Murray W. Wolf) collected his HREI Insights Awards™ award at the RealShare conference in Scottsdale, Ariz., in December. (HREI photo)

Feature Story: HREI Insights Awards Winner – Head and shoulders above the rest

Well-known Erik Tellefson named Healthcare Real Estate Executive of the Year By Murray W. Wolf At 6’ 6”, Erik Tellefson was a towering presence for his college football teams in the mid-1990s. Today, he remains so on a different playing field, healthcare real estate (HRE), selected by his peers as the HRE Executive of the […]

The Keith Corporation found a way to structure financing to deliver a much-needed 30,000 square foot clinic for a remote community in rural North Carolina.
Rendering courtesy of The Keith Corporation

Feature Story: HREI Insights Awards Winner – Best New MOB (25,000-49,999 S.F.)

New rural clinic brings health, hope The Keith Corporation’s financing and design expertise makes dream possible Facility name: Mission Health – Mauzy-Phillips Medical Center at BRRH Address, City, State: 125 Hospital Drive, Spruce Pine, N.C. Client (owner or tenant): Blue Ridge Regional Hospital (BRRH)/Mission Health Product type: MOB/rural health clinic Number of stories: 2 Square footage: 30,000 Site acreage: 3 Parking: 150 […]

The Davis Group delivered the 63,500 square foot Minnetonka Medical Center in the Minneapolis suburbs. Photo courtesy of bdy+young

Feature Story: 2015 HREI Insights Awards Winner: Best New MOB (50,000-99,999 S.F.)

Persistence, cooperation win in Minn. The Davis Group overcomes challenges to bring MOB to suburban Minneapolis Facility name: Minnetonka Medical Center Address, City, State: 15450 State Highway 7, Minnetonka, MN Client (owner or tenant): North Memorial Product type: Medical office building Number of stories: 2 Square footage: 63,500 Site acreage: 5.5 Parking: 285 surface spaces Construction start date: October 2013 Construction […]

The $110 million, seven story, 350,000 square foot Conventus project created a new gateway to the Buffalo Niagara Medical Campus in Buffalo, N.Y. (Photo courtesy of Ciminelli)

Feature Story: 2015 HREI Insights Awards Winner: Best New MOB (100,000 S.F. or More)

It all came together in Buffalo, N.Y. New Conventus MOB provides important link to other healthcare facilities Facility name: Conventus Address, City, State: 1001 Main St., Buffalo, N.Y. Client: Conventus Partners LLC Product type: MOB Number of stories: 7 Square footage: 350,000 Site acreage: 2 Parking: 318 underground spaces Construction start date: February 2013 (site remediation) Construction complete […]

Feature Story: 2015 Insights Awards™ Finalists

Third year of HRE awards program attracts a record number of entries 1. Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet) Fleisher Smyth Brokaw LLC Cherry Hills Medical Plaza, Englewood, Colo. GE Aviation GE Family Wellness Center, Evendale, Ohio The Keith Corporation Boca Raton Reg’l Hospital Outpatient Center Deerfield […]

The $1.3 billion, 2.5 million square foot Parkland replacement hospital campus in Dallas is extraordinary not only for its size. The project team also had to adapt on the fly to several major changes during the five-and-one-half-year development process. Photo courtesy of Parkland

Feature Story: 2015 HREI Insights Awards Winner – Best Inpatient Facility

Parkland overcame many challenges The 2.5 million square foot hospital is the largest built in a single phase Facility name: Parkland Address, City, State: 5201 Harry Hines Blvd., Dallas Client: Parkland Health & Hospital System (PHHS) Product type: Hospital Number of stories: 17 Square footage: 2.5 million Site acreage: 64 Construction start date: October 2010 Construction complete date: Aug. 2015 Cost: $1.3 billion […]

Healthcare Real Estate Insights™ Editor John B. Mugford (left) and Publisher Murray W. Wolf posed with the 2015 HREI Insights Awards™ before the Dec. 3, 2015, presentation in Scottsdale, Ariz. HREI™ photo

Feature Story: Winners came from coast to coast

2015 HREI Insights AwardsTM top projects and people spanned the United States It was just a coincidence, but in 2014 there was a distinctly Southern flavor to the HREI Insights Awards™. Six of the seven award-winning projects, plus the Lifetime Achievement Award, all went to projects and people from the southern United States.

James O. “Jim” Meadows

Feature Story: HREI Insights Awards Winner – HRE pioneer Jim Meadows recognized

He was one of the first to see the opportunity in the healthcare real estate sector By Murray W. Wolf The 2015 Healthcare Real Estate Insights™ Lifetime Achievement Award Winner, James O. “Jim” Meadows, 73, is truly one of the pioneers of the healthcare real estate (HRE) world. “When Jim led the first medical office […]

Transactions: More Healthcare Real Estate Transactions

Wealth Migrate Medical 3 Holdings LLC, part of crowdfunding investment firm Wealth Migrate, which has nine offices worldwide, including one in Atlanta, recently acquired the Swan Building MOB in Alpharetta, Ga. The investor paid $8.5 million for the 44,893 square foot building at 4165 Old Milton Parkway, or $189 PSF. The seller was Alpharetta Aesthetics […]

When the First Hill Medical Pavilion in Seattle was put on the market in 2015, one of the brokers, Chris Bodnar of CBRE, predicted plenty of demand. He was right, as the building recently sold for a record price of $884 per square foot. Photo courtesy of NexCore Group

Transactions: MOB sets PSF price record in Seattle

Heitman, NexCore JV acquires First Hill Medical Pavilion for $884 per square foot By John B. Mugford Leave it to healthcare real estate (HRE), which has been on a record-setting ride when it comes to facility sales in recent years, to generate the highest price per square foot (PSF) ever paid for a commercial office […]

Transactions: Sale of Fort Wayne MOBs

In more news from Fairfield Advisors, the firm also recently represented the seller, an ophthalmology group, in the sale of a two-building MOB portfolio in Fort Wayne, Ind.