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Thought Leaders: Medical office sales exceeds $13B for third year in a row
JLL Healthcare Capital Markets Medical Office Perspectives February 2020 JLL research reports medical office sales totaled $13.4 billion in 2019, near all-time highs of 2017 and 2018 Total Medical Office Investment Sales Source: JLL Research, Real Capital Analytics (transactions larger than $2.5 million) Key points: · Medical office sales […]
News Release: New Okatie Medical Pavilion “Topped Off”
02/28/2020 Beaufort Memorial celebrated the completion of the steel structure for its three-story Okatie medical office building with a “topping off” ceremony on Tuesday, February 25 at the facility’s 19-acre site on Okatie Center Boulevard North. Construction of the 70,000-square-foot Okatie Medical Pavilion began in May 2019 and is scheduled to be completed in fall […]
News Release: Just Closed – Hammes Partners Medical Office Portfolio
JLL Investment Advisory Healthcare Capital Markets Just closed: Hammes Partners Medical Office Portfolio 1.5M square feet | 29 properties | Multi-state The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hammes Partners Medical Office Portfolio, a 1.5 million square foot, core quality collection of 29 Class A medical office buildings occupied […]
News Release: NexCore Group Breaks Ground on Banner Health Center, a Multispecialty MOB in Glendale, Ariz.
FOR IMMEDIATE RELEASE Health center at the Aspera mixed-use development in the northwest Phoenix suburb to offer comprehensive care GLENDALE, Ariz., and DENVER, Feb. 26, 2020 –National healthcare real estate developer NexCore Group has broken ground in Glendale for the three-story, 127,243-square-foot Banner Health Center. The multispecialty facility will be Banner’s newest and largest health center to date. […]
News Release: Just Closed – Denver West Medical Building 55
CBRE Healthcare Capital Markets | Healthcare JUST CLOSED DENVER WEST MEDICAL BLDG. 55, Lakewood, CO Sale Date: 2/13/2020 Property Size: ±37,890 SF Occupancy: 95% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Denver West Medical Building 55 (the “Property”). Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger acted as the seller’s exclusive advisors. Additionally, Sabrina […]
News Release: NexCore Group Breaks Ground on Banner Health Center, a Multispecialty MOB in Glendale, Ariz.
FOR IMMEDIATE RELEASE Health center at the Aspera mixed-use development in the northwest Phoenix suburb to offer comprehensive care Top: The new Banner Health Center in Glendale will offer a variety of specialty healthcare services, including surgical, cardiology, dermatology, internal medicine, gastroenterology and primary care. Bottom: Executives of Banner Health and NexCore Group were on […]
Feature Story: Strategizing about building ambulatory networks
System executives discuss their plans at Revista’s HRE conference By John B. Mugford For the first time, probably, in the history of healthcare in the United States, more services are being delivered in outpatient settings than in hospitals. This fact was not lost on a group of health system executives who were part of a […]
News Release: Leopardo Completes 50,000-SF New Outpatient Care Center in Kildeer, Ill.
FEBRUARY 25, 2020 Leopardo recently completed a 50,000-square-foot, two-story, ground-up outpatient care center for Northwest Community Healthcare. The building is located on a five-acre site at the southeast corner of Rand and Cuba roads in Kildeer, Illinois, replacing a much smaller, existing NCH location across the road at 1201 S. Rand Rd. The new outpatient care […]
Feature Story: Who’s your biggest competitor? It might be your client
More hospitals and health systems are investing and self-developing, InterFace panelists say By John B. Mugford As a panel of well-known, leading healthcare real estate (HRE) executives talked about the state of their sector at a conference in Los Angeles recently, it became clear that third-party investors and developers today are facing relatively new competition […]
News Release: The Sanders Trust Announces The Development Of $24 Million Inpatient Rehabilitation Hospital In Fort Smith, Arkansas
FOR IMMEDIATE RELEASE Company Enters Its 28th State Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the recent groundbreaking for the development of a new $24 million inpatient rehabilitation hospital (“hospital”) in Fort Smith, AR. Mercy Hospital Fort Smith, part of the Mercy Health System in St. Louis, […]
News Release: Caddis continues expansion with second senior living community in Pennsylvania
FOR IMMEDIATE RELEASE Heartis Bucks County in Warminster near Philadelphia will be easily accessible and conveniently located near retail, restaurants, hotels and active adult communities WARMINSTER, Pa., and DALLAS, Feb. 20, 2020 — In a continuation of its successful expansion across the country, including the Mid-Atlantic states, Caddis® has begun developing its second Heartis® senior living community […]
News Release: Placement of Debt – St. Mary’s Medical Pavilion
CBRE Capital Markets | Healthcare CBRE U.S. Healthcare Capital Markets is pleased to announce the placement of debt for St. Mary’s Medical Pavilion (the “Project”), located in Tucson, Arizona. Sabrina Solomiany, Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger acted as the exclusive advisors to Pacific Medical Buildings (PMB). Debt Placement CBRE U.S. Healthcare Capital […]
News Release: Harrison Street and NexCore Group Acquire Ambulatory Surgery Center property in Mesa, Ariz.
FOR IMMEDIATE RELEASE The 11,300 s.f. facility will be occupied in a joint venture between Banner Health and Atlas Healthcare Partners MESA, Ariz., and DENVER, Feb. 20, 2020 –National healthcare real estate developer NexCore Group has acquired a Phoenix-area ambulatory surgery center (ASC) property in partnership with the Chicago-based investment management firm Harrison Street. Built in 2000, […]
News Release: Northstar Commercial Partners Announces the Sale of Medical Office Building to the County of Boulder
NEWS PROVIDED BY Northstar Commercial Partners Feb 20, 2020, 15:48 ET DENVER, Feb. 20, 2020 /PRNewswire/ — Northstar Commercial Partners announces the sale of its 40,169 SF medical office building located at 1755 S. Public Road in Lafayette, CO today for $12.8M to the County of Boulder. “We are very pleased with the sale of this newly constructed asset to Boulder County,” said Brian Watson, Founder […]
News Release: Texas A&M System Invests Half-Billion Dollars In Texas Medical Center
by tamus | Feb 20, 2020 | System News The Texas A&M University System is building a half-billion dollar complex in the Texas Medical Center area to house its groundbreaking Engineering Medicine (EnMed) program and provide desperately needed housing for medical and nursing students in Houston. The development project is the largest in the Texas Medical Center area and possibly […]
