Outpatient Projects: Pacific Medical Buildings to develop 56,000 square foot MOB for City of Hope in Upland, Calif.
UPLAND, Calif. – It was announced June 13 that development is underway for a two-story, 56,000 square foot ambulatory care MOB on the San Antonio Regional Hospital campus in Upland that will include a City of Hope community cancer center.
Outpatient Projects: Anchor Health opens MOB outside of Allentown, Pa., its fifth project for Lehigh Valley Health
PALMER TOWNSHIP, Pa. – Wilmington, Del.-based healthcare real estate firm Anchor Health Properties recently opened a 58,271 square foot MOB that it owns in Palmer Township, 15 miles east of Allentown, Pa. The Health Center at Palmer Township houses services provided by Allentown-based Lehigh Valley Health Network, which has eight hospitals and 22 health centers […]
Industry Pulse: On the Record – Dr. Charles Woods Jr.
Why is the UofL investing $78 million in a new medical office building?
Industry Pulse: HRE Demand Remains High Despite Disruption
Providers want more capital and costs savings, NGKF says “Of all the economic sectors, healthcare is arguably experiencing the most disruption” and uncertainty, according to a new report from the Global Healthcare Services unit of Newmark Grubb Knight Frank (NGKF). Even so, the firm’s “U.S. Healthcare Real Estate Outlook 2017” says that demand for healthcare […]
Industry Pulse: Now That’s a Short-Term Medical Office Lease
Medical tenants can now lease furnished, equipped space for as little as half a day. A new venture that opened June 15 in Scottsdale, Ariz., puts a new spin on the familiar concept of medical office timeshares. Similar to Regus in the mainstream office sector, Viva MedSuites is being pitched as part medical office timeshare, […]
Industry Pulse: Some Healthcare REITs are ‘Dirt Cheap’
Analysts say REITs focused on SNFs pose greater risks Some healthcare real estate investment trusts (REITs) have fallen out of favor, primarily due to a crackdown on skilled nursing facility (SNF) operators by the U.S. Department of Justice, some analysts say.
Industry Pulse: On the Record – Mark Frey
What’s the strategy behind your two new MOBs in suburban Chicago?
Publisher’s Letter: Think small
There’s always room for a good idea – even a small one Dear Reader: As we read about multi-billion dollar mega deals like this month’s Cover Story, “4 ways the HTA-Duke Realty deal changes the industry,” starting on Page 23, it’s easy to get the impression that only huge public companies can compete in the […]
Industry Pulse: Fundamentals Reflect MOB Sector Vitality
Cushman & Wakefield’s latest “Vital Signs” report says medical office continues to perform well A new report from Cushman and Wakefield says that, despite uncertainty regarding healthcare regulations, medical office real estate continues to perform well across nearly all U.S. markets – although not quite as well as last year.
News Release: Westport Capital Announces Tenant for New Sugar House Development
June 22, 2017 02:18 PM Eastern Daylight Time SALT LAKE CITY–(BUSINESS WIRE)–Westport Capital Partners, on behalf of certain funds it manages, today announced a lease with University of Utah Health for the investment firm’s new Sugar House development located at 2290 South 1300 East. U of U Health will occupy one of two office buildings […]
News Release: MV Eagan Ventures Selects NKF To Market 3.25 Million Square Foot Viking Lakes Development
FOUNDED BY MINNESOTA VIKINGS OWNERS ZYGI, MARK AND LEONARD WILF, MV EAGAN VENTURES PURSUES 200-ACRE MIXED-USE DEVELOPMENT Minneapolis, MN (06/22/2017)12:30 PM MV Eagan Ventures has selected commercial real estate advisor Newmark Knight Frank (NKF) to lead the global marketing launch of Viking Lakes, a 3.25-million-square-foot master-planned real estate development in Eagan, MN. Founded by Minnesota […]
News Release: McGough Hires Andy McIntosh as Vice President of Development McGough Continues Expansion of its Development Group
ST. PAUL, Minn. – June 22, 2017 – McGough is pleased to announce that Andy McIntosh has joined the company as Vice President of Development. In this role, McIntosh will lead a portfolio of the company’s corporate office, healthcare and mixed-use development projects, including McGough’s Master Planned site at Bloomington Central Station (Bloomington, Minn.) and […]
News Release: RJM Construction names two project executives
Ryan promoted, Olson hired MINNEAPOLIS (June 22, 2017) — RJM Construction, a Minnesota-based general contractor, has named two employees as project executives. In their new role, Tim Ryan and Eric Olson will provide project leadership on large assignments while serving as mentors by promoting team development. Ryan joined RJM in August of 2016. He has […]
News Release: Kevin Jones joins ZRG Partners for expansion into the Global Real Estate market
June 21, 2017/by ZRG Partners Rochelle Park, NJ (June 21, 2017) – ZRG Partners, a fast growing global leader in Executive Search and Talent Management, has expanded into the Commercial Real Estate arena with the addition of Kevin Jones, Managing Director. Kevin will lead the firm’s global Commercial Real Estate executive search platform as well as the Pittsburgh […]
News Release: MedProperties Holdings and Caddis form JV to develop behavioral health hospital near Phoenix
The 90-bed, 67,566 square foot, 100 percent preleased Destiny Springs Behavioral Health Hospital will help meet the significant local demand for behavioral healthcare services SURPRISE, Ariz., and DALLAS, June 21, 2017 – The behavioral healthcare industry has historically faced a major shortage of services and facilities. That’s definitely the case in the Phoenix metropolitan area, […]