Outpatient Projects: Advocate Aurora gets approval for third phase of $130 million complex in Pleasant Prairie, Wis.
PLEASANT PRAIRIE, Wis.- The Plan Commission of Pleasant Prairie recently approved the third stage of a planned $130 million ambulatory surgery center (ASC) and MOB in the city, which is near the Illinois border along Lake Michigan.
Transactions: 1031 exchange buyer acquires fully occupied, 22,564 square foot MOB near Los Angeles
West Covina, CA – Eight offers were submitted for a 22,564 square foot, 100 percent leased MOB in West Covina, a Los Angeles suburb, that recently traded for $5.9 million, or $261 per square
Inpatient Projects: UPMC Hamot hospital in Erie, Pa., starts work on new $111 million, seven-story tower
Erie, Pa. – Construction began in early October on a $111 million expansion at UPMC Hamot hospital in Erie. The project, the largest in the 135-year history of the hospital, entails building a seven-floor patient tower that will include 64 intensive care unit (ICU) be ds, an
News Release: Florida Hospital Flagler Set to Build $25 Million Freestanding ER, Medical Office Building in Palm Coast
Palm Coast, Fla., November 20, 2018 – During Monday evening’s Flagler County Board of County Commissioners meeting, Florida Hospital Flagler agreed to purchase six acres in northern Flagler County to build a hospital-based emergency department and a medical office building. Located near I-95 Exit 293 at Matanzas Woods Parkway, near Matanzas High School, Florida Hospital Flagler […]
News Release: Penn Med under construction on Phila’s Main Line
IMC Construction to Build Penn Medicine’s new Outpatient Facility Advanced outpatient care center located in Radnor Philadelphia, PA (Nov 2018) — IMC Construction, a nationally-recognized, full-service construction company, broke ground recently on a multispecialty outpatient facility for the University of Pennsylvania Health System. The four-story, 250,000-square-foot center in Radnor further expands Penn Medicine’s services throughout […]
News Release: Carter Validus Mission Critical REIT II, Inc. Reports Third Quarter 2018 Results
Tampa, Fla.–(Business Wire)–Carter Validus Mission Critical REIT II, Inc., or the Company, announced today its financial and operating results for the quarter ended September 30, 2018. 2018 Third Quarter Summary Net income attributable to common stockholders totaled $7.7 million. Net operating income, or NOI, totaled $36.1 million. Funds from operations, or FFO, as defined by the […]
Thought Leaders: CBRE Fall 2018 National Healthcare Real Estate Investor Update
CAPITAL MARKETS CBRE Fall 2018 National Healthcare Real Estate Investor Update Included in this edition: What Can Disrupt This Cycle? U.S. Medical Office Building Construction Trends Notable Healthcare Real Estate Transactions from Last Quarter National Medical Office Cap Rate Trends National Medical Office Sales Volume Debt Market Update for Medical Properties To download the complete […]
News Release: Animas Surgical Hospital Breaks Ground on Expansion
A new chapter in the history of Animas Surgical Hospital began on November 17, 2018, with the official groundbreaking for their new $31 million Medical Office Building and Surgical Center. The new three-story, 73,125-square-foot building will contain medical offices, an outpatient surgical center, and a retail pharmacy. The new building is located next to and […]
News Release: Anchor Health Properties completes development of new TVEC Surgery Center
FOR IMMEDIATE RELEASE November 19, 2018 (Charlottesville, VA) Anchor Health Properties (Anchor), in collaboration with Tennessee Valley Eye Center (TVEC), announces the grand opening of the new 18,000-square foot state-of-the-art ambulatory surgery center. Located on Capital Drive in Knoxville, TN, TVEC’s new facility will be the largest dedicated ophthalmology surgery center in the state. The […]
News Release: Gary Pezza of NAI Long Island Brokers Sale & Purchase of 160 Middle Road in Sayville
Melville, NY – November 19, 2018: Gary Pezza, Senior Director of NAI Long Island, represented the seller, John A. Zimmerly, MD, and the buyer, 1449 Holdings, LLC, in the sale & purchase of a 7,300 SF medical office building located at 160 Middle Road in Sayville, NY. 1449 Holdings, LLC purchased the property for $1,650,000. Please […]
News Release: Just Closed – Panorama Medical Center
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of the Panorama Medical Center in Golden, Colorado. Sale Date: November 14, 2018 Property Size: 64,568 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Panorama Medical Center (the “Property”). Chris Bodnar and Lee Asher acted as the Seller’s exclusive advisors. The Property […]
News Release: Northside Opens New Medical Office Building in Midtown
Northside Hospital celebrated the opening of a new, state-of-the-art Medical Office Building in Midtown Atlanta on Wednesday, Nov. 14. The nearly 169,00 square foot 12-story, facility located on West Peachtree Street will house services for cancer, radiology, the spine center, sleep disorders, diabetes and nutrition, maternity, sports medicine and urgent and primary care. The building […]
News Release: LifePoint Health and RCCH HealthCare Partners Announce Completion of Merger
Date Posted: Nov 16, 2018 Author: LifePoint Health Brentwood, Tenn., November 16, 2018 – LifePoint Health, Inc. (NASDAQ: LPNT) (“LifePoint”) today announced the completion of its merger with RCCH HealthCare Partners (“RCCH”), which is owned by certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”). As a result of the […]
News Release: East Bay’s Penumbra Enters Sacramento with 157,500 SF Class A Lease at Roseville Innovation Park
Cushman & Wakefield Represents both Landlord and Tenant in Transaction Cushman & Wakefield announced Penumbra, a global healthcare company, has signed a new lease for 157,518 square feet of Class A office space at the Roseville Innovation Park in Roseville (Sacramento), California. The property is owned by a joint venture between Farallon Real Estate Partners […]
News Release: Just Closed :: 960 Woodstock Parkway
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of 960 Woodstock Parkway. Sale Date: October 31, 2018 Property Size: 17,799 SF Occupancy: 94% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of 960 Woodstock Parkway (the “Property”). Lee Asher and Chris Bodnar of the U.S. Healthcare Capital […]
