News Release: Ryan Companies to Develop New Medical Office Building at Highland Bridge
ST. PAUL, MINN. ( SEP 28, 2021 ) Construction of a Class A, multi-tenant medical office building is slated to break ground early December at Highland Bridge. Ryan Companies US, Inc. is developing, designing and building Highland Bridge Medical Office, which will be located on the corner of Ford Parkway and Mount Curve Boulevard. The […]
Companies & People: After selling its data centers, Sila is now fully focused on HRE
CIO Jon Sajeski discusses the REIT’s past and where it’s now headed By Connie M. McCaffrey Jon C. Sajeski has been a well-known, respected presence in the healthcare real estate (HRE) sector for many years. He’s been serving as the chief investment officer of healthcare for Tampa, Fla.-based Sila Realty Trust Inc., formerly known as […]
Cover Story: Rendina’s next chapter
With a new capital partner onboard to accelerate acquisitions and fund development projects, the longtime HRE firm is bullish about its future By John B. Mugford A little more than a decade ago – before, during and for some time after the Great Recession of 2007-09 – the future of Jupiter, Fla.-based Rendina Healthcare Real […]
News Release: Ryan Companies Breaks Ground on The Heart Center at Mercy
The advanced heart and vascular care center will be area’s largest and most comprehensive facility CEDAR RAPIDS, Iowa (Sept. 23, 2021) – Ryan Companies US, Inc. – a national developer, designer, builder, capital markets advisor and real estate manager offering full-service commercial real estate solutions – and Mercy Cedar Rapids announced today the groundbreaking of The […]
News Release: Woodside Health Announces Sale of Fleming Island Medical Plaza – Jacksonville, FL
CLEVELAND, OH (September 23, 2021) – Woodside Health is pleased to announce that it sold Fleming Island Medical Plaza, located at 1675 -1679 and 1681-1689 Eagle Harbor Parkway in Fleming Island, Florida, part of the Jacksonville MSA. The buildings comprise 46,500 square feet and feature a synergistic mix of 14 medical tenants. Existing practices include […]
News Release: Clark Breaks Ground on UCSF’s New Clinical Building in Mission Bay
Thu, September 23, 2021, 10:00 AM SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ — Clark Construction Group announced that it has broken ground on the University of California, San Francisco (UCSF)’s new clinical facility at its Mission Bay campus in San Francisco. The five-story clinical building will include an ambulatory surgery center with 14 operating rooms, […]
News Release: Just Sold – UCHealth Medical Office Portfolio
CBRE CAPITAL MARKETS | HEALTHCARE & LIFE SCIENCES JUST CLOSED UCHealth MEDICAL OFFICE PORTFOLIO COLORADO SPRINGS, COLORADO 2 PROPERTIES 285,463 SQUARE FEET 72% LEASED CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the UCHealth Medical Office Portfolio, a 285,463 square foot portfolio located in Colorado Springs, Colorado. Chris Bodnar, Lee Asher, […]
News Release: CA Health & Science Trust Taps Loriann Duffy to Lead Property Management Platform
FOR IMMEDIATE RELEASE The former director of property operations for Northwestern Memorial Hospital will lay the foundation for the REIT’s operational services and standards for excellence CHICAGO (September 22, 2021) – CA Health and Science Trust, Inc. (“CAHST” or “the REIT”), a newly formed and externally managed private REIT focused on the acquisition, development and […]
News Release: Medistar Corporation and Voyages Behavioral Health Announce Development of a Behavioral Health Hospital in Pensacola
September 22, 2021 13:00 ET | Source: Medistar Corporation PENSACOLA, Fla., Sept. 22, 2021 (GLOBE NEWSWIRE) — Medistar Corporation (“Medistar”) and Voyages Behavioral Health (“Voyages”; an affiliate of PAM Health) are pleased to announce the development of Voyages Behavioral Health of Pensacola, a state-of-the-art behavioral health hospital. When completed in 2022, Voyages Behavioral Health of […]
News Release: $12,700,000 Medical Office Building Sale (St. Louis)
Fairfield Advisors announces sale of South County Medical Office Building in St. Louis – $12,700,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the the South County Medical Office Building in St. Louis, MO. The 74,000 square foot building was built […]
News Release: MedProperties Realty Advisors acquires 67,060-square-foot multi-tenant MOB in Glendale, Calif.
The extensively renovated medical office building is located in the growing, thriving Los Angeles market on the campus of CommonSpirit-affiliated Glendale Memorial Hospital GLENDALE, Calif. and DALLAS, Sept. 22, 2021 – MedProperties Fund III has acquired the 67,060-square-foot, Class A Glendale Medical Office Building (MOB) II in Glendale. MedProperties Realty Advisors LLC, a Dallas-based healthcare […]
News Release: Recent Sale | 481 Plumas Boulevard, Yuba City, CA
Recent Sale Swettenham Ortiz Healthcare Team Colliers | Sacramento | September 16, 2021 481 Plumas Boulevard, Yuba City, CA 25,000 SF Leased Medical Office Building Colliers brokered the sale of a 25,000 SF medical office building on the Sutter Surgical Hospital North Valley Campus located at 481 Plumas Boulevard in Yuba City, California. The Swettenham […]
Companies & People: How Cornerstone and KKR connected
A Q&A with Cornerstone Companies’ Tag Birge and KKR’s Peter Sundheim By John B. Mugford Call it a classic case of a marriage made in healthcare real estate (HRE) heaven, one that the sector is seeing more and more of these days. One of the parties is a global investment firm and one of the […]
Feature Story: Lending in the HRE sector remains as active as ever
With systems expanding their outpatient networks and rates low, lots of debt is being issued By John B. Mugford Although there is a strong imbalance between supply and demand in the medical office building (MOB) acquisitions market, plenty of transactions are taking place and lenders are ready to provide loans for deals that make financial […]
News Release: Boston life sciences growth driving demand for more space
JLL Capital Markets completed the $74.6M sale of a building in Boston’s Seaport for a life sciences conversion BOSTON, Sept. 21, 2021 – JLL Capital Markets announced that it has closed the $74.6 million sale of a 102,727-square-foot office building to be converted into a life sciences property at 51 Melcher St. in Boston’s popular […]
