News Release: McCarthy Completes Children’s Hospital Outpatient Center at Erlanger
Recently, McCarthy Building Companies, Inc. completed the Children’s Hospital Outpatient Center (CHOC) project located within Children’s Hospital at Erlanger in Chattanooga, TN. Also serving as the hospital’s new entrance, the new three-story 90,000 square-foot center houses 72 rooms for an array of services including pediatric imaging, lab services, pharmacy and pediatric specialty clinics such as cardiology, neurology, genetics, gastroenterology […]
News Release: Community Healthcare Trust Incorporated Announces the Appointment of David H. Dupuy as Chief Financial Officer
Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced the appointment of David H. Dupuy as Executive Vice President and Chief Financial Officer, effective May 1, 2019. W. Page Barnes, the Company’s current Chief Financial Officer, will remain with the Company and assume the newly-created role of Chief Operating Officer. Mr. Dupuy, 50, previously served as Managing Director of […]
News Release: Seavest gains approval for major downtown San Francisco medical office conversion
Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]
News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. […]
News Release: Lenox Hill Hospital explores major revitalization plans
Plan includes private patient rooms, expanded ED, new surgical suites To match investments it has made in recruiting nationally recognized physicians and expanding clinical programs, Lenox Hill Hospital today announced it is preparing a comprehensive renewal plan aimed at ensuring the future success of the storied acute-care facility on Manhattan’s Upper East Side. The goal is to […]
News Release: MMC to Build New Scarborough Campus Medical Office Building
Maine Medical Center (MMC) will invest $59 million in a new Maine Medical Partners (MMP) medical office building at its Scarborough campus as part of its overall expansion and modernization project. The 108,000-square-foot, three-story building will be home to Maine Medical Partners practices including Neurology, Neurosurgery & Spine, Otolaryngology (Ear, Nose & Throat) and Vascular […]
News Release: Global Medical REIT Inc. Announces Fourth Quarter and Year-End 2018 Financial Results
Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, announced today its financial results for the quarter and year ended December 31, 2018 by posting its […]
News Release: Amazon, Berkshire Hathaway, JPMorgan Chase Health Care Venture Launches Website and Announces Its Name: Haven
Today, the health care organization founded by Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK.A, BRK.B), and JPMorgan Chase (NYSE: JPM), announced its name – Haven – and launched a new website at www.havenhealthcare.com. “We want to change the way people experience health care so that it is simpler, better, and lower cost,” explained Haven CEO Atul Gawande, MD, […]
News Release: NexCore Group breaks ground on CHI Saint Joseph Health Winchester MOB
The 24,693-square-foot facility is the latest example of NexCore Group’s collaboration with Catholic Health Initiatives to maximize efficiency and expand services across the United States In a continuing initiative to optimize efficiency of healthcare facilities nationwide for client Catholic Health Initiatives (CHI), NexCore Group has started construction on a medical office building (MOB) in Kentucky […]
News Release: New Children’s Surgery Center Opens at UC Davis Medical Center
HGA’s new technologically-advanced design allows patients to create their own sense of calm A new state-of-the-art children’s surgery center recently opened on the UC Davis Medical Center campus in Sacramento. Designed by HGA, a multi-disciplinary design firm, the 20,000 square-foot center is one of many next steps in a multi-year, multi-phase seismic compliance masterplan for […]
News Release: Le Bonheur Children’s Hospital to expand Heart Institute
Two-story, $37.6-million dollar expansion to create a 31-bed dedicated Cardiovascular Unit NEWS PROVIDED BY Le Bonheur Children’s Hospital Mar 05, 2019, 17:25 ET MEMPHIS, Tenn., March 5, 2019 /PRNewswire/ — Le Bonheur Children’s Hospital will expand its Heart Institute with a two-story, $37.6 million addition. This expansion will add 19 additional beds to the Heart Institute to create a 31-bed […]
News Release: Beaumont Health identifies comprehensive outpatient care campus location in Macomb County (Mich.)
Tuesday, March 05, 2019 Beaumont Health has identified a property to develop a new, comprehensive outpatient care campus in Macomb County (Mich.) in 2020. The proposed Macomb County site is located within the Bay River Marketplace, adjacent to Meijer, near the intersection of I-94 and 26 Mile Road in Lenox Township. A groundbreaking will occur later this […]
News Release: Healthcare Trust of America, Inc. Names David Chung Corporate Senior Vice President Of Development
Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it has hired David Chung as its Corporate Senior Vice President for Development. In his new role, Chung will drive the expansion of HTA’s development business of medical office buildings and outpatient service facilities. […]
News Release: Just Sold – Two-Tenant Medical Office Project Trades for $498 PSF in Corona, CA
Corona Medical Center Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Corona Medical Center, located at 2057 Compton Avenue in Corona, California, at a gross price of $5,150,000 ($498 PSF) that reflects a year one cap rate of 5.89%. The two-tenant project totals 10,340 square feet and was 100% […]
Thought Leaders: Colliers 2019 Healthcare Marketplace Report
Author: Mary Beth Kuzmanovich and Stephen Newbold Date Published: 03/04/2019 We are pleased to share Colliers International’s 2019 Healthcare Marketplace Report, which shows that the U.S. healthcare real estate sector remains on solid footing. The national vacancy rate for medical office buildings (MOBs) held virtually flat after 2017’s all-time low, even though 20.9 million square feet of […]
