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Thought Leaders: JLL Outpatient Fit Out Guide estimates 33% increase in outpatient medical renovation costs in last five years

Thought Leaders: JLL Outpatient Fit Out Guide estimates 33% increase in outpatient medical renovation costs in last five years

JLL Healthcare Capital Markets Healthcare Perspectives June 2022 JLL provides outpatient buildout cost data to support the high growth of outpatient facilities and services 2022 national average per-square-foot cost to renovate an outpatient facility Source: JLL Research Key points: • With the continued migration of healthcare services to outpatient settings, JLL research, in its newly-released […]

News Release: Transwestern Ventures Brings State-of-the-Art Biomanufacturing Campus to Vacaville, CA

News Release: Transwestern Ventures Brings State-of-the-Art Biomanufacturing Campus to Vacaville, CA

Speculative Bay Area Project Will Deliver Up to 390,000 SF of Life Sciences Space VACAVILLE, Calif., June 30, 2022 (GLOBE NEWSWIRE) — Transwestern Ventures (TWV) and the City of Vacaville together announce plans to develop a 390,000-square-foot biomanufacturing campus on 22.4 acres in Vaca Valley Business Park, located at the interchange of I-80 and I-505 […]

News Release: Doheny Eye Institute Celebrates New Headquarters in Pasadena

Los Angeles (June 30, 2022) – Doheny Eye Institute, a top-ranked nonprofit organization proudly affiliated with UCLA Stein Eye Institute and dedicated to furthering the conservation, improvement, and restoration of human eyesight since 1947, was pleased to have hosted the grand opening of its new headquarters in Pasadena on June 23, 2022. The event welcomed […]

News Release: NexCore Group Hires Leah Chelist as Executive Vice President, People

News Release: NexCore Group Hires Leah Chelist as Executive Vice President, People

Ms. Chelist joins the Denver-based real estate development and investment firm to align human capital and business strategy and to support overall company growth and employee retention DENVER (PRWEB) JUNE 30, 2022 — Denver-based NexCore Group, a national healthcare real estate (HRE) developer, today announced the addition of Leah Chelist to the team as Executive […]

News Release: 40th Street Medical Plaza sold to private equity fund

News Release: 40th Street Medical Plaza sold to private equity fund

Medical office building is adjacent to the Abrazo Scottsdale campus PHOENIX, AZ, June 30, 2022 – A private equity fund has purchased 40th Street Medical Plaza, located at 16601 N. 40th Street in Phoenix. The two-story, three-building medical office development is well located adjacent to the Abrazo Scottsdale hospital campus. “This asset offered outstanding upside […]

News Release: Diversified Healthcare Trust Announces Sale of Additional 10% Equity Interest in Life Science Property Located in Boston Seaport District

DHC Receives Proceeds of Approximately $108 Million NEWTON, Mass., June 29, 2022–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has sold an additional 10% equity interest in the two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA. DHC sold the interest to an existing joint […]

News Release: Assisted living community near San Francisco trades for $39.2M

News Release: Assisted living community near San Francisco trades for $39.2M

JLL Capital Markets led the sales efforts for Cortona Park on behalf of Northwestern Mutual SAN FRANCISCO, June 29, 2022 – JLL Capital Markets announced today that it has closed the $39.2 million sale of Cortona Park, an assisted living community in Brentwood, California. JLL represented the seller, Northwestern Mutual, in the sale of the […]

News Release: Cushman & Wakefield Expands Healthcare Project Management Services in Orange County

News Release: Cushman & Wakefield Expands Healthcare Project Management Services in Orange County

Experienced team of professionals led by Bill Eveloff joins, expands firm’s healthcare project management services offering throughout the West IRVINE, Calif., – June 29, 2022 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced the expansion of its current healthcare project management services offering in the West Region with the […]

News Release: Anchor Health Properties Closes on Nearly 20,000 Square Foot Inaugural Investment in Chicago MSA

News Release: Anchor Health Properties Closes on Nearly 20,000 Square Foot Inaugural Investment in Chicago MSA

(Chicago, IL — June 29, 2022) — Representing the inaugural investment in a new Midwestern target market for the firm, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a two story, 16,737 square foot Class A outpatient medical office […]

News Release: Recent Sale | Medical Office Building | California

News Release: Recent Sale | Medical Office Building | California

6620 Coyle Avenue, Carmichael, CA 52,778 SF Leased Medical Investment Carmichael, CA, June 29, 2022 — Colliers is pleased to announce the closing of 6620 Coyle Avenue, a 52,778 SF Medical Office Building located in Carmichael, California. The Property is adjacent to Dignity Health’s (CommonSpirit Health) Mercy San Juan Medical Campus – a Level II Trauma […]

News Release: Diversified Healthcare Trust Announces Sale of Additional 10% Equity Interest in Life Science Property Located in Boston Seaport District

NEWTON, Mass., June 29, 2022 –(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has sold an additional 10% equity interest in the two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA. DHC sold the interest to an existing joint venture partner for a purchase price […]

News Release: Healthcare Trust of America, Inc. Announces Results of Early Participation in Exchange Offers and Consent Solicitations

Holders of greater than 97% of HR Notes agree to exchange during early consent period SCOTTSDALE, Ariz., June 29, 2022 (GLOBE NEWSWIRE) — Healthcare Trust of America, Inc. (“HTA”, NYSE: HTA) announced today that, as of 5:00 p.m., New York City time, on June 28, 2022 (the “Early Consent Date”), the aggregate principal amounts of […]

News Release: Closing Announcement -- SALE AND DEVELOPMENT FUNDING OF A 160,000 SF, STATE OF THE ART SURGERY CENTER & MEDICAL OFFICE BUILDING PROJECT

News Release: Closing Announcement — SALE AND DEVELOPMENT FUNDING OF A 160,000 SF, STATE OF THE ART SURGERY CENTER & MEDICAL OFFICE BUILDING PROJECT

A Build-to-Suit Surgery Center & Medical Office Development UBMD ASC & MOB Amherst, New York (Buffalo MSA) JUNE 29, 2022 — Newmark’s Healthcare Capital Markets Team facilitated the sale and development funding of a 160,000 SF Surgery Center & Medical Office Development located in Amherst, New York – the most populated town in Western New York. The […]

News Release: Davis, Allina and MNGI break ground for Lakeville Specialty Center in Lakeville, Minn.

News Release: Davis, Allina and MNGI break ground for Lakeville Specialty Center in Lakeville, Minn.

News Release The 100,500-square-foot, 100 percent leased medical complex, expected to be completed in fall 2023, will expand healthcare options for southern Minnesota residents The 100,500-square-foot Lakeville Specialty Center in Lakeville, Minn., is already 100 percent pre-leased.   MINNEAPOLIS and LAKEVILLE, Minn., June 29, 2022 – Minneapolis-based developer Davis, MNGI Digestive Health and Allina Health, one […]

News Release: Gov. Kemp: Boston Scientific Expands Research Capabilities in Georgia with $62.5 Million Investment in Johns Creek

News Release: Gov. Kemp: Boston Scientific Expands Research Capabilities in Georgia with $62.5 Million Investment in Johns Creek

JUNE 28, 2022 Atlanta, GA – Governor Brian P. Kemp today announced that Boston Scientific, a leading manufacturer of medical devices used in interventional medical specialties, will construct a new manufacturing and supply chain facility in Johns Creek. The $62.5 million investment is expected to bring roughly 340 new jobs to Fulton County over the […]