News Release: Cancer Care Closer to Home: Physicians of Memorial Sloan Kettering Cancer Center and New York Cancer & Blood Specialists to Open New Cancer Care Facility in Brooklyn
Thursday, June 2, 2022 — Memorial Sloan Kettering Cancer Center (MSK) and New York Cancer & Blood Specialists (NYCBS), one of the fastest-growing community oncology practices in the nation, today announced plans to open a 39,000 sq ft facility in Brooklyn, New York, in early 2023. The new facility will be located at 2236 Nostrand […]
News Release: Northwestern Medicine Announces Bronzeville Location
June 2, 2022 — Northwestern Medicine is planning for a new 120,000-square-foot advanced outpatient care center on the 4800 block of South Cottage Grove Avenue. U.S. Senate Majority Whip Dick Durbin (D-IL), City of Chicago Mayor Lori E. Lightfoot, and 4th Ward Alderman Sophia King joined Northwestern Medicine leadership and local community members to announce […]
News Release: Sylvester announces transformational cancer research building
Sylvester Comprehensive Cancer Center is celebrating the groundbreaking of a 244,000-square-foot, state-of-the-art Transformational Cancer Research Building slated to open in 2024. The 12-story facility at the Miller School of Medicine will be a hub for cancer research, innovation, wellness, and patient-centered care. MIAMI, June 2, 2022 — Sylvester Comprehensive Cancer Center is making another bold […]
News Release: Realty Trust Group and Ponder Advises Nicklaus Children’s Health System in Deal with Steward Health Care
NEWS PROVIDED BY Realty Trust Group LLC Jun 02, 2022, 10:00 ET MIAMI, June 2, 2022 /PRNewswire/ — Realty Trust Group (“RTG”), a full-service healthcare and life science real estate advisory firm, and Ponder & Co. (“Ponder”), an M&A and capital advisory firm serving more than 150 non-profit hospital and healthcare system clients, recently helped […]
News Release: Physician Real Estate Capital Advisors Announces $8.2 Million Sale of Ophthalmology Clinic and Ambulatory Surgery Center Medical Office Building
Investor Acquires Three Tenant Medical Office Building (June 2nd, 2022) FREEHOLD/CHICAGO – Physician Real Estate Capital Advisors (“PRECAP”)announces the $8.2 million closing of the Millennium Eye Care and Freehold Surgical Center, located adjacent to the 284-bed CentraState Medical Center in Freehold, New Jersey. PRECAP Managing Principal Scott Niedergang and JDS Real Estate Services, Inc. represented […]
News Release: Thomas Park Names Gene Parker Chief Operating Officer
Parker Brings Nearly 30 Years of Real Estate and Operations Experience ANNAPOLIS, Md.– June 1, 2022, 12:05 PM Central Daylight Time (BUSINESS WIRE)–Thomas Park Investments, a top health care real estate and private equity investment firm, today announced the appointment of veteran real estate executive Gene Parker to the newly created position of chief operating […]
News Release: Trammell Crow Company Breaks Ground on 125,000-SF Medical Office Building in Falls Church, Virginia
Falls Church, VA | June 1, 2022 MOB is Part of Larger West Falls Church Economic Development Project, a Mixed-Use Development that will Span 10 Acres Trammell Crow Company (TCC), the nation’s largest commercial real estate developer, and JV partner Diamond Realty Investments have broken ground on a 125,000-square-foot medical office building dubbed The Wellness […]
News Release: OrbVest Acquires Congress Executive Center in Boynton Beach, Florida
WITH THE ACQUISITION OF THE BOYNTON BEACH PROPERTY, ORBVEST EXPANDS ITS NATIONWIDE MEDICAL OFFICE PORTFOLIO WITH THE ADDITION OF THE 40,210 SF FACILITY NEW YORK, June 1, 2022 – OrbVest (ORB), a global real estate company investing in income-producing medical commercial real estate in the United States, today announced they have recently closed on their […]
News Release: Davis to develop multi-specialty clinic and surgery center for Allina Health in Lakeville
News Release The 100,500-square-foot facility, which is already 100 percent pre-leased to Allina Health and MNGI Digestive Health, will help expand services to communities along the I-35 South corridor MINNEAPOLIS and LAKEVILLE, Minn., June 1, 2022 – Minneapolis-based Davis announced today that it will begin developing a 100,500-square-foot Class A medical complex in Lakeville. Lakeville […]
Project Case Study: Market knowledge pays off for HSA PrimeCare
The firm’s newest MOB on the Silver Cross Hospital campus in New Lenox, Ill, is a big hit By Connie McCaffrey There are times when healthcare real estate (HRE) projects are planned and developed without a hitch. Then again, there are many projects in which HRE developers face unforeseen circumstances, requiring them to do their […]
News Release: Cushman & Wakefield Brokers Sale of Class A Office/Medical Asset in Phoenix’s Prestigious Deer Valley for $20 Million
For Immediate Release Cleveland investor buys multi-tenant property with major health care company as key tenant PHOENIX, Ariz., – May 31, 2022 – Cushman & Wakefield announced the firm has brokered the sale of Optum Center, a five-story 81,907-square-foot Class A multi-tenant office and medical building in Phoenix, Arizona. Located at 20414 North 27th Ave, […]
News Release: Matthews™ Closes $6.5 Million Sale of Eyecare Clinic
Agents Secured Multiple Offers, Closing with Institutional Buyer Louisville, KY (May 31, 2022) — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, recently completed the sale of The Eye Care Institute, an ophthalmologist clinic located at 1536 Story Ave, to an institutional healthcare buyer. Matthews™ Healthcare Division brokered the […]
News Release: Woodside Health Announces Acquisitions of Optum Center in Phoenix and Cornerstone Plaza in Dallas
CLEVELAND, OH (May 31, 2022) – Woodside Health is excited to announce it closed on two acquisitions last week. First was the purchase of the Optum Center, a five-story Class A medical office building located at 20414 N. 27th Avenue in the Deer Valley area of Phoenix, Arizona. Second was the purchase of Cornerstone Plaza, […]
News Release: CAHST Continues Portfolio Expansion with Acquisition of Seventh Medical Office Building
FOR IMMEDIATE RELEASE The acquisition adds to the REIT’s growing portfolio of premier medical office properties CHICAGO (May 31, 2022) – CA Health & Science Trust, Inc. (“CAHST”), a private real estate investment trust (REIT) focused on the acquisition and development of medical office and life science facilities across the U.S., today announced the purchase […]
News Release: MCB Real Estate Launches Science + Health Platform
BALTIMORE, MD (May 31, 2022) – MCB Real Estate, LLC is pleased to announce that it has partnered with life sciences and healthcare real estate executive, Wilkingson (Will) Germain to co-found MCB Science + Health. This venture, led by Mr. Germain, who will serve as CEO of the venture, will be focused on aggressively seeking […]