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 […]
News Release: Welltower Names Ryan Rothacker Vice President of Operations, Outpatient Medical and Nicholas Rumanes Head of Development
TOLEDO, Ohio, March 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) announced today that Ryan Rothacker has been named Vice President of Operations, Outpatient Medical (“OM”) and Nicholas Rumanes has been named Head of Development. Ryan Rothacker joins the Company from MBRE Healthcare (“MBRE”), where he served as Senior Vice President, Asset Management. At MBRE, Mr. Rothacker oversaw five joint venture funds with a market value […]
News Release: New Sutter CPMC Van Ness Campus Hospital Opens its Doors in the Heart of San Francisco
Smart hospital design merges advanced technology, safety, efficiency and personal touches – such as private rooms – to support the highest quality care March 02, 2019 09:00 ET | Source: Sutter Health SAN FRANCISCO, March 02, 2019 (GLOBE NEWSWIRE) — San Francisco residents now have a modern new hospital at their doorstep as Sutter opens the doors to […]
News Release: MUSC signs agreement with Lake City Community Hospital and Williamsburg Regional Hospital
Deal authorizes MUSC to construct, own and operate a new $50 million replacement hospital CHARLESTON, S.C. (Feb. 22, 2019) – MUSC Health, the clinical enterprise of the Medical University of South Carolina (MUSC), has signed a letter of intent with Lake City Community Hospital and Williamsburg Regional Hospital that authorizes MUSC to construct, own and […]
News Release: HFF announces sale of 2-property multi-specialty medical office portfolio near Hartford, Connecticut
CHICAGO, IL – March 6, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property portfolio that includes 460 Hartford, a 36,000-square-foot, multi-specialty outpatient facility, and 8 Keynote, a 22,500-square-foot home health service facility. Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of Prospect Medical Holdings, […]
News Release: Medical City Frisco Holds Groundbreaking for Medical Office Building and Ambulatory Surgery Center
FRISCO – Medical City Frisco will break ground on a new medical office building and ambulatory surgery center on Wednesday, February 27 at 3 p.m. The $37 million expansion project includes five stories with approximately 150,000 square feet and features a beautiful glass enclosed skywalk connecting to the main hospital. The facility will include 11 […]
