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News Release: Ensemble Real Estate Investments acquires three building Wuxi Advanced Therapies Portfolio in Philadelphia’s Navy Yard

News Release: Ensemble Real Estate Investments acquires three building Wuxi Advanced Therapies Portfolio in Philadelphia’s Navy Yard

Ensemble signals commitment to the Navy Yard’s world-class Life Sciences hub 09.10.2020 PHILADELPHIA, PA – Today Ensemble Real Estate Investments announced that it closed on the purchase of three large Life Sciences facilities occupied by WuXi Advanced Therapies, Inc. (“WuXi”), in Philadelphia’s Navy Yard. The properties, located at 4701 and 4751 League Island Boulevard and 400 […]

News Release: Generation Park Expands Offerings with New Medical Offices at Redemption Square (Houston)

News Release: Generation Park Expands Offerings with New Medical Offices at Redemption Square (Houston)

September 10, 2020 Medical Offices to Offer an Emphasis on Patient and Provider Wellness HOUSTON, September 10, 2020 – Generation Park revealed plans today for the construction of a 101,000 square-foot, Class-A medical office space within its mixed-use lifestyle district Redemption Square. The medical offices join a growing number of curated restaurants, hotels, boutiques, and luxury […]

News Release: CBRE completes Wellstar deal

News Release: CBRE completes Wellstar deal

FOR IMMEDIATE RELEASE Wellstar Health System Lease Brings 400 Tower Road to 100% Occupancy Just Before Building Sale Atlanta – September 10, 2020 – CBRE is pleased to announce that Wellstar Health System has leased 26,018 square feet of medical office space at 400 Tower Road in Marietta, Georgia. This lease brought the building to […]

News Release (UPDATED): HREI opens nominations for HREI Insights Awards as scheduled, despite COVID

News Release (UPDATED): HREI opens nominations for HREI Insights Awards as scheduled, despite COVID

(This news releases has been updated to reflect more recent information.) Healthcare Real Estate Insights™ magazine announces the eighth annual awards program recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 28, 2020. MINNETONKA, Minn., Aug. 27, 2020 – Minnetonka-based Healthcare Real Estate Insights™ is proceeding with the 2020 HREI Insights Awards™ despite the COVID-19 […]

News Release: MedProperties gets approval to build MOB within Hines’ 1.2 Million SF development near Chicago

News Release: MedProperties gets approval to build MOB within Hines’ 1.2 Million SF development near Chicago

NEWS RELEASE The 78,000 square foot medical office building will be located within Oak Brook Commons, the 17.5-acre master-planned redevelopment of the former McDonald’s Headquarters   OAK BROOK, Ill., and CHICAGO, Sept. 9, 2020 – The Oak Brook Village Board of Trustees voted last night to approve a Planned Development Amendment application, clearing the way […]

Transactions: Salt Creek campus in Chicago suburb sold for $50.9 million

Transactions: Salt Creek campus in Chicago suburb sold for $50.9 million

MBRE/Kayne Anderson land the four-MOB complex; CBRE says demand was ‘strong’ By John B. Mugford As a number of other real estate sectors continue to feel the sting of the COVID-19 pandemic, an even more-intense spotlight is now shining on MOBs, especially those with strong tenants, as an investment vehicle. This is why investor demand was […]

Outpatient Projects: Patience pays off for Minneapolis-based Davis

Outpatient Projects: Patience pays off for Minneapolis-based Davis

Xchange Medical in St. Louis Park, Minn., will occupy a site assembled in 2015 By John B. Mugford In the highly competitive world of medical office building (MOB) development, it can, in some instances, pay off for a developer to assemble, control and then perhaps hold on to a parcel of land it is confident […]

News Release: Davis to develop 78,000-square-foot Xchange Medical building in St. Louis Park, Minn.

News Release: Davis to develop 78,000-square-foot Xchange Medical building in St. Louis Park, Minn.

News Release The firm assembled four parcels in a prime location to create a 4.58-acre site for a facility that will house ENT Specialty Care, Surgical Care Affiliates and other leading providers MINNEAPOLIS, Sept. 2, 2020 – Seeking a more centralized location to better serve patients throughout the metro area, two of the Twin Cities […]

News Release: Atkins Companies Welcomes Atlantic Health System to 95,000-Square-Foot Bridgewater, N.J. Class-A Medical Office Building

News Release: Atkins Companies Welcomes Atlantic Health System to 95,000-Square-Foot Bridgewater, N.J. Class-A Medical Office Building

For Immediate Release     Bridgewater, N.J. (September 8, 2020) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces it has signed a lease with Atlantic Health System. The New Jersey healthcare provider will lease 37,030 square feet of space at Atkins’ Bridgewater Medical Building located at 1125 Route 22 […]

News Release: Penn State Health makes progress on two Lancaster County projects

News Release: Penn State Health makes progress on two Lancaster County projects

New outpatient site, ongoing acute care hospital construction solidify Penn State Health’s commitment to Lancaster County September 08, 2020 Penn State Health’s plans for significant expansion to support Lancaster County and the surrounding region are moving ahead with the development of a new outpatient site and the continued construction of Penn State Health Lancaster Medical Center. […]

News Release: Flagship Healthcare Properties Hires Executive Vice President

News Release: Flagship Healthcare Properties Hires Executive Vice President

NEWS RELEASE FOR IMMEDIATE RELEASE                                       Flagship Healthcare Properties Hires Blake Bratcher as Executive Vice President  CHARLOTTE, N.C. (Sept. 8, 2020) – Flagship Healthcare Properties (Flagship) is pleased to announce the addition of Blake Bratcher to the firm as an […]

News Release: Meridian and Harrison Street Purchase 110,400-SF Building in Orange County for Medical Office Conversion

News Release: Meridian and Harrison Street Purchase 110,400-SF Building in Orange County for Medical Office Conversion

FOR IMMEDIATE RELEASE:   NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 110,400-square-foot, four-story Class-A office building in Irvine, California in a joint venture with Harrison Street, one of the leading investment management […]

News Release: Anchor Health Properties Acquires Second Off-Market Healthcare Facility on Oconee Health Campus (Watkinsville, Ga.)

News Release: Anchor Health Properties Acquires Second Off-Market Healthcare Facility on Oconee Health Campus (Watkinsville, Ga.)

FOR IMMEDIATE RELEASE September 04, 2020 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently acquired a newly constructed 24,000 square foot Class A medical office building on the Oconee Health Campus in Watkinsville, Georgia, a submarket of Atlanta. […]

News Release: Montecito Medical Acquires Medical Mall in Kansas City Metro Area

News Release: Montecito Medical Acquires Medical Mall in Kansas City Metro Area

FOR IMMEDIATE RELEASE September 4th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Rock Haven Medical Mall in the greater Kansas City area. The two-story, state-of-the-art medical office property is situated in Harrisonville, Missouri, 35 miles south of Kansas City. The […]

News Release: Post Acute Medical to build 42-bed inpatient rehabilitation hospital in Wausau, Wisconsin

News Release: Post Acute Medical to build 42-bed inpatient rehabilitation hospital in Wausau, Wisconsin

NEWS PROVIDED BY Post Acute Medical, LLC  Sep 03, 2020, 06:00 ET ENOLA, Pa., Sept. 3, 2020 /PRNewswire/ — Post Acute Medical, LLC (PAM) announced today that it plans to construct a state-of-the-art, 42-bed inpatient rehabilitation hospital in Wausau, Wisconsin, that will serve the greater Wausau region. The 50,000-square-foot, two-story hospital represents a more than $25 million capital investment in Wausau and the surrounding communities. Building […]