INPATIENT PROJECTS: D.C. area to get new $543M hospital
U of Maryland System takes over Dimensions, will start $543 million replacement By John B. Mugford With the University of Maryland Medical System’s new ownership of Cheverly, Md. based Dimensions Healthcare System, plans are expected to move forward for the building of a future $543 million teaching hospital in Largo, Md. Dimensions is now called University of Maryland Capital Region Health, and […]
OUTPATIENT PROJECTS: Brand Properties reaches halfway mark on construction of 12-story MOB in Atlanta
ATLANTA – The halfway point has been reached in the building of the future 12-story, 170,000 square foot Northside Midtown Medical in Atlanta’s Midtown area, according to an article in the Atlanta Business Journal.
OUTPATIENT PROJECTS: University of Cincinnati’s $60.5 million, 114,000 s.f. neuroscience institute underway
CINCINNATI – Lewis Center, Ohio-based Hplex Solutions is working as the owner’s representative on the development of the University of Cincinnati’s $60.5 million, 114,000 square foot Gardner Neuroscience Institute.
OUTPATIENT PROJECTS: D.C. Zoning Commission gives another approval to delayed $720 mixed-use project
WASHINGTON – The D.C. Zoning Commission recently approved, for a second time, the $720 million, 25-acre project by Vision McMillan Partners (VMP) to redevelop the former McMillan Sand Filtration Plant.
OUTPATIENT PROJECTS: Kettering Health acquires parcel in Hamilton, Ohio, for future outpatient project
HAMILTON, Ohio – Kettering Ohio-based Kettering Health Network, which has eight hospitals and more than 120 outpatient locations in southwest Ohio, recently acquired a parcel at 1391 W. Main St., in Hamilton, a suburb of Cincinnati, for a future outpatient facility.
News Release: Sabra Quickly Moves Through Sabra 2.0 With the CCP Acquisition to Sabra 3.0
Follows Up Announcement of $371 Million Investment in Enlivant Joint Ventures With (1) $430 Million Sale/Leaseback Transaction With a Premier SNF Operator and (2) a Divestiture Plan for Entire Genesis Portfolio in 2018; Reaffirms 2017 Outlook and Updates 2018 Outlook IRVINE, Calif., Sept. 25, 2017 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (“Sabra,” the “Company” […]
September 2017
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September 2017 PDF
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OUTPATIENT PROJECTS: SmithGroup JJR designs fifth clinic in Phoenix area for Mountain Park Health
TEMPE, Ariz. – Phoenix-based Mountain Park Health, a practice with eight locations in the metropolitan area, recently moved into its newest building, a $14 million, 32,000 square foot clinic in Tempe.
OUTPATIENT PROJECTS: Rural system in Maine starts $13.7 million MOB on its campus in Damariscotta
DAMARISCOTTA, Maine – LincolnHealth, which is part of Portland, Maine-based MaineHealth, is building a $13.7 million, 39,800 square foot outpatient facility on its main hospital campus, the LincolnHealth-Miles Campus in Damariscotta.
Industry Pulse: New firm brings Bremner name back to HRE sector
Jim Bremner joins two other former Duke Realty executives launch new HRE development firm One of the most familiar names in healthcare real estate (HRE) is back in the game. Jim Bremner has reunited with two former Duke Realty (NYSE: DRE) colleagues, Bill Mooney and Ron Penix, to form Bremner Real Estate. The new Indianapolis-based HRE development firm opened for business in early July. In […]
OUTPATIENT PROJECTS: Erlanger breaks ground for MOB
Four-story, 80,000 square foot facility will house a range of outpatient services By Murray W. Wolf Erlanger Health System and Johnson development broke ground Sept. 19 for a new $18 million, four-story, 80,000 square foot cancer center and medical office building (MOB) on 4.88 acres at 1635 Gunbarrel Road in Chattanooga, Tenn., on the campus of Erlanger East Hospital. The new outpatient […]
Companies & People: Five questions for John Thomas
Physicians Realty Trust CEO credit relationships for recent flurry of acquisitions By John B. Mugford Coming off a remarkable 2016 in which Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired about $1.3 billion worth of healthcare facilities, mostly medical office buildings (MOBs), officers with the real estate investment trust (REIT) indicated they were not likely to […]
HOT PROPERTY: MOBs offered in suburban Philly
Four-building, 74,212 square foot complex is near hospitals in East Norriton, Pa. – John B. Mugford Name: Norriton Medical Center No. of buildings: 4 Address: 160-190 W. Germantown Pike City: East Norriton, Pa. Square feet: 74,212 Land area: 7.31 acres Year completed: 1991 Occupancy: 91.5 percent Parking: 310 spaces Seller: Franklin Realty Development Brokerage: HFF […]
TRANSACTIONS: HREI introduces new feature: Revista rankings charts
Healthcare Real Estate Insights™ is pleased to introduce a new feature: a series of informational charts from the healthcare real estate (HRE) data firm Revista. Each month, we will bring you a new chart that takes a closer look at a different aspect of the HRE sector.
