News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project
Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]
News release: New Northside Hospital Cherokee Opens to Patients on May 6
Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]
For Sale: Houston Medical / Office Park | 504,609 RSF
Pin Oak Houston, Texas For Sale: 504,609 RSF Medical/Office Park Investment Summary Access the confidentiality agreement Investment summary JLL is pleased to offer for sale the fee simple interest in the Pin Oak Portfolio, a medical / office park with 504,609 rentable square feet located in the affluent Bellaire community of Houston, Texas. The five buildings are 93% occupied with […]
News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California
The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017 – Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on […]
News release: Montecito Medical Announces West-Coast Office Expansion
Relocation reflects firm’s continued growth NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has expanded into a new, larger space for its financial and operations center in California. The new office, at 45 E. Rincon Street, Suite 208, in Corona offers 150 percent […]
News Release: CBRE Hires Industry Experts for Valuation & Advisory Services Healthcare Practice Group
Los Angeles, CA – April 26, 2017 —CBRE Group, Inc., announced that James Graber, MAI, has joined the firm’s Valuation & Advisory Services (VAS) Healthcare Practice Group as vice president, along with RJ Debee as a senior associate. Mr. Graber, based in Fort Lauderdale, and Mr. Debee based in Jacksonville, will primarily cover the southeast […]
News Release: West Coast MOB acquired by Montecito Medical
Montecito Medical Acquires North Coast Medical Plaza near San Diego NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the 49,580-square-foot, Class A North Coast Medical Plaza in Carlsbad (an affluent coastal town just north of San […]
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April 2017
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Cover Story: New outpatient strategies ‘Super sites’ and other healthcare real estate innovations
By Connie M. McCaffrey Providers were already preparing to deal with dwindling reimbursements. Now they are looking even harder at how real estate can boost revenues, cut costs and increase efficiency – no matter what regulations might come out of Washington.
Transactions: DocREIT lands large pediatric MOB
REIT pays $78.6 million for facility next to Dell Children’s in Austin, Texas By John B. Mugford Even though it closed on the largest monetization of medical office buildings (MOBs) – a sale of real estate assets by a health system or provider – in 2016, Milwaukee-based Physicians Realty Trust (NYSE: DOC) continues to make […]
Transactions: Texas affiliate of New York-based firm lands MOB on Long Island, N.Y., for $14.65 million
NORTH HILLS, N.Y. – Fort Worth, Texas-based CHC Management Group acquired a fully leased, two-story, 24,690 square foot MOB on 1.75-acre site at 3111 New Hyde Park Road in North Hills, N.Y., for $14.65 million.
Transactions: Welltower buys 27,321 square foot MOB on campus of SSM Health DePaul Hospital near St. Louis
BRIDGETON, Mo. – In more news from HFF, the firm also represented the seller in a transaction involving a 27,321 square foot MOB on the campus of the 476-bed SSM Health DePaul Hospital – St. Louis campus in Bridgeton, Mo.
Transactions: Inland Real Estate makes four buys in three states, boosting MOB portfolio to $200 million
OAK BROOK, Ill. – Oakbrook-based Inland Real Estate Acquisitions Inc. recently acquired four MOBs with a total of 119,000 square feet of space in three states.
Outpatient Proejcts: Boulder, Colo., health system buys land in nearby town for 40,000 square foot MOB
ERIE, Colo. – Boulder Community Health (BCH) recently acquired a 6.1-acre site in Erie, a city just east of Boulder that is growing but lacks a major healthcare facility.
