Finalists: Best New Mob – Tennessee Cancer Specialists MOB, Knoxville, Tenn.
Developer: Realty Trust Group TCS needed an alternative to its cramped practice in a multi-tenant, hospital-owned MOB. It desired more visibility, expansion potential, better parking and wayfinding, and physician ownership.
Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Inpatient Projects: VA selects site for $925 million, 104-bed replacement for medical center in Louisville, Ky., area
LOUISVILLE, Ky. – More than a decade after announcing plans to replace the 1950s-era Robley Rex VA Medical Center in the Louisville, the U.S. Department of Veterans Affairs (VA) has selected a site.
Outpatient Projects: Ryan Companies breaks ground for MOB near Tampa, Fla.; Colliers brokers lease
TAMPA, Fla. – In more news from the Tampa area, Florida Orthopaedic Institute has signed a leased for 29,000 square feet in the future Brandon Gateway Medical Plaza being developed in the suburb of Brandon, Fla.
Industry Pulse: Mob demand remains high despite uncertainty
Despite uncertainty, MOBs remain hot with investors thanks to favorable demographics Ongoing uncertainty about healthcare will likely persist for an extended period, but positive demographic factors continue to support a growing medical office building (MOB) market.
Finalists: Best New Mob – Calhoun Health Care Center, Brookfield, Wis.
Developer: Irgens When the former Venice Club was foreclosed on in May 2014, Irgens knew the highly visible retail location offered an excellent opportunity for an MOB.
Inpatient Projects: Highmark, Allegheny in Pittsburgh to invest more than $1 billion in the region
PITTSBURGH – As noted on the previous page, the University of Pittsburgh Medical Center (UPMC) plans to invest about $2 billion in three new specialty hospitals.
Finalists: Best Post-Acute/Senior Living – Heartis Clear Lake, Webster, Texas
Developer: Caddis Because of Caddis’ proactive actions to protect residents during Hurricane Harvey and its early design efforts to ensure the building was safe, the company has been inundated with inquiries from local residents interested in moving into Heartis Clear Lake.
Transactions: Bamboo Micro Equity Fund I acquires 52,000 square foot MOB outside of St. Louis
SUNSET HILLS, Mo. – Chesterfield, Mo.-based Bamboo Equity Partners, which manages $450 million worth of real estate in the Midwest, recently acquired an MOB in Sunset Hills, outside of St. Louis, through its Bamboo Micro Opportunity Fund I LP.
December 2017
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Finalists: Best New Mob – Oakland Medical Office Building, Oakland, Calif.
Developer: Meridian When asked to find a site for a dialysis clinic in a busy Oakland corridor with extremely limited development opportunities, Meridian delivered.
Finalists: Renovated/Repurposed – Drummond Physical Rehabilitation Institute, Boca Raton, Fla.
Developer: Boca Raton Regional Hospital This was an incredibly complex renovation and exterior addition. The developer faced multiple challenges including soil stabilization for the pool addition and structural shoring for the roofing and structural steel installation.
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Finalists: HRE Executive of the year
Darryl Freling Founder and Managing Principal, MedProperties Holdings LLC Darryl Freling’s many years of leadership and expertise in the healthcare real estate (HRE) sector reached a new high in 2017, as he led MedProperties through the largest transaction of its 10-year history, the acquisition of the $230 million Harrison Street Portfolio with 17 properties in […]
Finalists: Best Inpatient Facility -Winston Medical Center, Louisville, Miss
Developer: Winston Medical Center Residents of the Louisville area recently celebrated the completion of the new 62,739, $55 million Winston Medical Center, about three years after a tornado destroyed the only hospital within a 30-mile radius of the town, killed 10 people and left hundreds homeless.