Transactions: Tempe, Ariz., investor acquires 10-story, 92,000 square foot MOB in downtown Indianapolis
INDIANAPOLIS – Tempe, Ariz.-based SANTÉ Realty Investments in recent months closed on the acquisition of the 10-story, 92,000 square foot Meridian Medical Building at 3266 N. Meridian St. in downtown Indianapolis.
Transactions: Miller Investment acquires MOB occupied by Children’s Hospital of Philadelphia
PHILADELPHIA – West Conshohocken, Pa.-based Miller Investment Management recently acquired a 74,348 square foot MOB that is fully occupied by Children’s Hospital of Philadelphia (CHOP) for $25.5 million, or $343 PSF, according to data from RCA Inc.
Outpatient Projects: Simone Development nearing completion of $35M Yonkers, N.Y., mixed-use development
YONKERS, N.Y. – Simone Development Companies is moving toward an early 2017 completion of its $35 million, three-building, 85,000 square foot Boyce Thompson Center in Yonkers.
Outpatient Projects: Orange Regional Medical Center in Middletown, N.Y., opens $99 million outpatient complex
MIDDLETOWN. N.Y. – Orange Regional Medical Center has opened its new five-story, 153,000 square foot MOB and the 26,000 square foot Spagnoli Family Cancer Center on its main campus in Middletown, about 70 miles north of Manhattan, N.Y.
Outpatient Projects: USDA loan to fund new 62,000 square foot MOB at Critical Access Hospital in Wauseon, Ohio
WAUSEON, Ohio – The Fulton County Health Center in Wauseon, about 40 miles southwest of Toledo, recently received a $54.6 million loan from the U.S. Department of Agriculture (USDA), the Toledo Blade newspaper reported.
Outpatient Projects: Scripps Health shares plans for three-story, 85,000 square foot MOB in Oceanside, Calif.
OCEANSIDE, Calif. – In February 2014, it was reported by local news media that San Diego-based Scripps Health had purchased the 4.4-acre site of a former car dealership in Oceanside for about $6.5 million.
Outpatient Projects: Virginia Urology to get new MOB, HQ in the Stony Point area of Richmond, Va.
RICHMOND, Va. – Virginia Urology has offered services at an MOB in the Stony Point area of Richmond since 2003.
Outpatient Projects: Whelan Associates completes new MOB in three-building medical park in Easton, Mass.
EASTON, Mass. – New Bedford, Mass.-based Whelan Associates LLC, which has developed a number of medical and commercial projects in Massachusetts, recently completed Three Washington Place, a 26,000 square foot, two-story MOB on Route 138 in Easton, about 30 miles south of Boston.
Outpatient Projects: Duke Realty to develop second MOB on future UNC REX Healthcare hospital campus in N.C.
HOLLY SPRINGS, N.C. – Indianapolis-based Duke Realty (NYSE: DRE) is continuing its relationship with Raleigh, N.C.-based UNC REX Healthcare with plans for a big expansion of its medical office space in Holly Springs, a city of 25,000 or so residents southeast of Raleigh.
Inpatient Projects: Nebraska city could get second hospital in future mixed-use development
GRAND ISLAND, Neb. – The Grand Island City Council recently rezoned 100 acres and authorized $28.7 million of tax increment financing (TIF) for the development of a mixed-use project that could be home to the city’s second hospital.
Inpatient Projects: Hospital in Nantucket, Mass., is moving forward with $89 million replacement
NANTUCKET, Mass. – Nantucket Cottage Hospital gained the unanimous approval of the Massachusetts Public Health Council on Sept. 13 for its proposed $89 million replacement facility.
Inpatient Projects: Piedmont plans $603 million project
Upgrades, facilities would take place at system’s Buckhead campus in Atlanta By John B. Mugford One of Atlanta’s powerhouse hospitals is looking to get even bigger.
Inpatient Projects: Local system, Emerus partnering on micro hospital near El Paso, Texas
HORIZON CITY, Texas – El Paso, Texas-based The Hospitals of Providence announced Sept. 13 that it is teaming with Emerus, based in The Woodlands, Texas, on the building of a new micro hospital and campus in Horizon City, a growing city just outside of El Paso.
Inpatient Projects: Maine Medical Center announces plan for $512 million hospital expansion, upgrade
PORTLAND, Maine – The biggest and busiest hospital in Maine has plans for a massive project that would not add new beds but modernize the facility, make all patient rooms private and add and upgrade space that’s needed to care for patients with more complex problems.
Inpatient Projects: Norton Audubon Hospital in Louisville, Ky., starts $107 million expansion, upgrade
LOUISVILLE, Ky. – Construction has started on a $107 million expansion at Norton Audubon Hospital in Louisville, a project that will add two floors with 74 private-room patient beds.
