INPATIENT PROJECTS: UNM governing board approves starting design work on first phase of new hospital
ALBUQUERQUE, N.M. – The University of New Mexico (UNM) recently agreed to begin the design of a new UNM Health Sciences Center, the Albuquerque Journal reports.
Industry Pulse: Mob Sales Headed For Another Record
RCA says that first-half sales topped $7.2B; JLL says $5.5B There’s a good chance that medical office building (MOB) sales in 2017 will top the all-time record. No matter who is compiling the data, it is clear that 2017 is on a record-setting pace after a remarkable first half of the year. Commercial real estate research firm Real Capital Analytics Inc. […]
Industry Pulse: Details Emerge On CBRE GIP Acquisition
RCA says the deal was slightly larger than first announced More details have emerged in the large medical office building (MOB) portfolio acquisition that was announced Aug. 16 by Los Angeles based CBRE Global Investment Partners (CBRE GIP), an independently operated affiliate of CBRE Group Inc. (NYSE: CBG).
ON THE RECORD: What is the outlook for medical real estate in the coming years?
“The steep increase in the 65+ population and anticipated greater need for in-office physician services by this group signals a continued increase in demand for healthcare services and medical office space in the years ahead.”
INPATIENT PROJECTS: Work begins for $550M med center
SSM Health is replacing the current Saint Louis University Hospital in St. Louis By Connie M. McCaffrey The future of medicine and health education recently began looking even brighter for the St. Louis region. Ground has been officially broken on the new $550 million, 316-bed SSM Health Saint Louis University Hospital and Ambulatory Care Center in St. Louis. The 802,000 square foot […]
OUTPATIENT PROJECTS: Mercy Health-Toledo begins developing $56.3 million hospital, surgical center and MOB
TOLEDO, Ohio – Mercy Health-Toledo recently broke ground on a new $56.3 million, 101,000 square foot hospital, surgical center and medical office building (MOB), according to the local Toledo Blade newspaper The new facility will be built in Perrysburg, about 11 miles southwest of Toledo, and will feature primary and specialty care under one roof.
OUTPATIENT PROJECTS: NCH Healthcare System plans to develop 41,000 square foot FED in Estero, Fla., north of Naples
ESTERO, Fla. – Naples, Fla.-based NCH Healthcare System plans to develop a two-story, 41,000 square foot freestanding emergency department (FED) in Estero, about 25 miles north, according to the local Naples Daily News newspaper.
OUTPATIENT PROJECTS: UPMC unveils one medical mall near Philadelphia and is eyeing the development of more
HAMPTON TOWNSHIP, Pa. – As University of Pittsburgh Medical Center (UPMC) officials unveiled a new $19 million, 44,000 square foot medical mall in Hampton Township in August, they said the project will be only the start of a push into northeastern Allegheny County, Pa.
OUTPATIENT PROJECTS: New federal law clears the way for Portland, Maine, VA facility to move ahead with expansion
PORTLAND, Maine — In more VA news, a new federal law has cleared the way for the start of a long delayed expansion of a VA outpatient health center in Portland.
OUTPATIENT PROJECTS: VA opens new $38 million, 86,363 square foot outpatient clinic near South Bend, Ind.
MISHAWAKA, Ind. — The U.S. Department of Veterans Affairs was scheduled in mid-September to open its new 86,363 square foot VA-South Bend Outpatient Clinic in Mishawaka, which abuts South Bend in the northern part of the state.
Outpatient Projects: NYU Langone Hospital-Brooklyn plans $83.7 million ASC to handle less complex surgeries
BROOKLYN, N.Y. – A Certificate of Need (CON) application filed with the New York State Department of Health reveals that NYU Langone Hospital-Brooklyn (formerly NYU Lutheran Medical Center), plans to build a $83.7 million ambulatory surgery center (ASC) at 5610 Second Ave. in Brooklyn.
News Release: Florida Orthopaedic Institute leases 29,000-square-foot space in new medical office building in Tampa area
Construction started Oct. 24 on 53,000-square-foot building being developed by Ryan Companies TAMPA, Fla. (October 25, 2017) – Florida Orthopaedic Institute has leased a 29,000-square-foot clinical suite in Brandon Gateway Medical Plaza, a 53,000-square-foot multi-tenant medical office building being developed in Brandon by Ryan Companies. Ryan Companies, which is also the architect and contractor of the project, broke […]
Industry Pulse: Hre Properties Escaped Much Hurricane Damage
How did Hurricane Harvey affect healthcare real estate in the Greater Houston area? When one thinks of the Houston healthcare market, one immediately thinks of the 1,345-acre Texas Medical Center (TMC), the world’s largest medical center – and home to some of the world’s most valuable healthcare real estate. So did the TMC, southwest of flood-ravaged downtown Houston, […]
Capital Markets: Spotlight on IPA Capital Markets
Gino Lollio and Scott Niedergang expound on medical office, the current market By Erik Tellefson In continuing with our “Spotlight on” series, this month we are discussing the medical office (MOB) asset class with Gino Lollio and Scott Niedergang from IPA Capital Markets, who share their views on the market, current events and expectations for 2017, with an emphasis on deal […]
Post-Acute and Senior Living: Integral Senior Living celebrates grand opening of The Pointe at Lifespring Senior Living
KNOXVILLE, Tenn. – The Pointe at Lifespring, a new assisted living and memory care community, celebrated its grand opening in Knoxville in late August.
