Finalists: Best New Mob – Sutter Health MOB (Tracy Care Center), Tracy Calif
Developer: Sutter Gould Medical Foundation Sutter Gould Medical Foundation (SGMF) wanted to modernize and consolidate its Tracy medical services spread across three locations.
Finalists: Best New Mob – Duke Southpoint, Durham, N.C.
Developer: Davis Moore Capital Duke Health took the existing clinics operating in outdated, overpriced space and consolidated them into one premier facility that increases visibility, improves their presence, and enhances patient experience.
Inpatient Projects: Stanford’s $1.2 billion Lucile Packard Children’s Hospital opening in December
PALO ALTO, Calif. – Under construction since 2012 and planned for nearly a decade, a new 521,000 square foot, $1.2 billion expansion is scheduled to open in December
Finalists: Best New Mob – Tradition HealthPark TWO, Port St. Lucie, Fla.
Developer: Optimal Outcomes The success of Tradition HealthPark TWO relied on the implementation of a strategic plan in which the precise and targeted group of medical specialists, doctors and surgeons leased, custom designed
Industry Pulse: Are Speculative MOBs making a comeback?
More MOB projects are being started without hospital or health system anchors in place Before the onset of the Great Recession, the medical office building (MOB) market was coming into its own as an asset class. MOB sales and development was booming as the sector garnered new attention from investors and capital sources.
2017 HREI Insights Awards: Celebrating five years of excellence
HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 Excellence is defined as “the quality of being outstanding or extremely good.” That definition definitely fits the people and projects included in the 2017 HREI Insights Awards™.
Outpatient Projects: Rendina to develop MOB that will add about 120,000 square feet to Memphis, Tenn.-area campus
GERMANTOWN, Tenn. – Campbell Clinic has retained Rendina Healthcare Real Estate to be its representative in connection with the design, development and construction of a new facility on the clinic’s existing German town campus.
For Sale: New to Market | Fresenius Medical Care | Memphis, TN
CONFIDENTIAL OFFERING MEMORANDUM 5020 ENGLISH TOWNE DRIVE MEMPHIS, TN 38128 Fresenius Medical Care Cap. Rate: 5.10% Price: 3,433,333 Building SF: 9,500 Lot Size: 2.098 Acres Year Built: 2016 Status: Available Notes: New 2016 Build-To-Suit FMC Josiah Byrnes Vice President – Capital Markets JByrnes@EmbreeGroup.com | +1.719.243.6569 Klinton Lewis Associate – Net Lease Services KLewis@EmbreeGroup.com | +1.512.819.4729 […]
News Release: Adolfson & Peterson Construction Completes New Medical Office Building in Southlake
12/22/2017 SOUTHLAKE, Tex. – Adolfson & Peterson Construction (AP) recently completed a new Medical Office Building for United Surgical Partners, Inc. (USPI) in Southlake, located at the SW corner of Tower Blvd. and Southlake Blvd. Developed by USPI and designed by E4H Architects, this project includes a ground-up, two-story MOB with approximately 46KSF. The scope of […]
News Release: Physicians Realty Trust Announces Year-to-Date Investment Activity of $1.4 Billion
Date: 12-21-2017 Declares Quarterly Cash Dividend and Announces Date for Fourth Quarter 2017 Earnings Release and Conference Call MILWAUKEE–(BUSINESS WIRE)– Physicians Realty Trust (NYSE:DOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized and the Company has declared a quarterly cash dividend of $0.230 per common share and unit for the quarter […]
For Sale: HFF | Two Tenant Medical / Retail Offering | Philadelphia MSA | 7+ CAP
8250 Old York Road, Elkins Park, Pennsylvania Property Summary Location 8250 Old York Road Elkins Park, Pennsylvania Asking Price $6,995,000 Cap Rate 7.27% Occupancy 100% Total Gross Leasable Area 16,250 SF Year Built/Renovated 1985/2016 Land Area 1.55 Acres INVESTMENT HIGHLIGHTS Credit Anchor Tenant 100% Of GLA holds an investment grade rating Jefferson Health: Moody’s Aa2 […]
For Sale: Trophy-caliber Hospital and MOB in San Antonio
The premier, Class A+ hospital and MOB formerly known as Forest Park Medical Center in San Antonio, TX, is available for purchase (or lease by qualified operators/tenants). The hospital is vacant and ready for occupancy (FF&E not included). The MOB is 6% leased and available for occupancy. PROPERTY: 154,000 sf, 54-bed surgical hospital and 79,900 […]
News Release: Avison Young Arranges Sale of Assisted Living Community in Maryland
PERRY HALL, Md. (Dec. 14) – Avison Young announced today that it has arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, Md. Birchwood Health Care Properties purchased the assisted living-memory care community. Representing the seller were Avison Young’s Dan Baker, vice president, and Jim Kornick, principal. The owner and […]
For Sale: Rare Vacant 79-Bed Inpatient Behavioral or Sr. Housing Facility For Sale/Lease in Phoenix
1328-1346 E. McDowell Road Single-story, two building 62,596 square foot inpatient healthcare project, located on the Northwest corner of East McDowell Road and North 14th Street in Phoenix. The property is adjacent to Banner-University Medical Center Phoenix and located within a 10-mile radius of 27 hospitals and medical centers. Building Area: 62,596 SF healthcare project Parcel Size: ± 2.62 […]
News Release: Hammes Partners announce closing of Fund III
Hammes Partners holds final close on $687 Million healthcare real estate fund MILWAUKEE, December 19, 2017 – Hammes Partners, a private equity firm focused exclusively on the U.S. healthcare real estate market, has announced the over-subscribed final closing of Hammes Partners III, LP (the “Fund”). Hammes is pleased to have reached its hard cap, with […]
