News Release: Catalyst Ranks #15 on the 2023 Seminole 100 List
PENSACOLA, Fla., Mar. 7, 2023 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, is excited to announce they are ranked #15 on the 2023 Seminole 100 list. “We are very proud of this achievement and what it means to be recognized alongside the other amazing companies on the Seminole 100 […]
News Release: Centra Announces Largest Modernization Plan in its History for Lynchburg Campus
Centra’s multi-year Modernization Plan will encompass the most significant facility improvements and capital investments in its history. Aligning with Centra’s long-term Strategic Plan, the 500-million-dollar investment will address different community needs based on findings from the 2021 Community Health Needs Assessment. The first phase of the Modernization Plan is a revitalization and expansion of the […]
News Release: Acadia Healthcare Breaks Ground on New Behavioral Health Hospital in Arizona
Inpatient Treatment Facility Will Be Named Agave Ridge Behavioral Hospital MESA, Ariz.–(BUSINESS WIRE)–Acadia Healthcare Company today held a groundbreaking ceremony marking the beginning of construction on the new hospital that the company is building to serve residents of Mesa, Arizona, and surrounding communities. Slated to open in early 2024, the 100-bed acute care behavioral health […]
News Release: BXP Unveils Plans for a Life Science Innovation District in Rockville, Maryland
Monday, March 6, 2023 The Shady Grove Innovation District is a planned mixed-use, transit-served innovation ecosystem of more than 1.3M SF located in Maryland’s premier life sciences cluster. BXP, formerly Boston Properties, recently unveiled plans at its pre-application community meeting to develop the Shady Grove Innovation District (“SGID”), a world-class, amenity-rich, mixed-use district catering to […]
News Release: Announcing New $17.9 Million Cardiovascular Building
Community Medical Center (CMC), part of Lifepoint Health, is pleased to announce the investment of $17.9 million dollars to build a new cardiovascular center. The project, which includes a new 19,015 square foot expansion and renovation of the current heart and vascular center, is slated to break ground this fall and will take approximately two years to complete. “This is truly an exciting time for Community Medical Center […]
News Release: Anchor Health Properties Announces Grand Opening of a New Build to Suit Specialty Eye Center in Maryville, Tennessee
Knoxville, Tenn., Mar. 6, 2023 – Serving as owner’s representative and project manager on behalf of Southeastern Retina Associates (SERA), a state-of-the-art local practice consisting of 17 board certified ophthalmologists specializing in the treatment and surgery for diseases of the retina, macula and vitreous of the eye, Anchor Health Properties (Anchor), a national full-service healthcare real […]
Life Sciences: Mayo moving ahead with 76-acre project in Phoenix
The Discovery Oasis campus could total 3.3 million s.f. of life sciences and medical space PHEONIX – The goal of creating a biotechnology corridor in northeast Phoenix might soon take another big step forward. Mayo Clinic has submitted a Planned Unit Development (PUD) document to the City of Phoenix to formally begin the approval process […]
News Release: Graymark Capital’s “Gray Matter” Life Science Initiative Recapitalizes 230,000 Sf Life Science Building In San Carlos, California
– Graymark Capital, Inc. completed a recapitalization of its 230,000 square foot life science project in San Carlos, CA with BentallGreenOak, a global real estate investment advisor. 150 Industrial is an existing life science building that will be re-imagined with new exterior façade, outdoor amenity areas and modern lab buildout. The property has the largest […]
News Release: JLL arranges $310M construction loan for first all-electric life sciences campus in California
News release Avia Labs at Millbrae Station caters to tenants seeking purpose-built space in a transit-oriented location SAN FRANCISCO, Mar. 3, 2023 – JLL’s Capital Markets group announced today that it arranged a $310 million construction loan for the development of Avia Labs at Millbrae Station, a best-in-class life sciences development totaling 315,000 square feet […]
News Release: MCLAREN ST. LUKE’S TO WIND DOWN OPERATIONS THIS SPRING
Hospital will discontinue operations and transition ownership of facilities, land and physical assets to Mercy Health MAUMEE, Ohio (March 3, 2023) – Following years of declining revenues and an unstable reimbursement environment, the McLaren St. Luke’s Board of Directors has made the difficult, but unanimous, decision to close the hospital and related outpatient services. The […]
News Release: Catalyst and PAM Health Celebrate the Completion of their First Inpatient Rehabilitation Hospital
PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andBain Capital Real Estate, the real estate investing business of Bain Capital, celebrate the completion of PAM Health Rehabilitation Hospital of Georgetown. “We are proud to partner with PAM Health to deliver mission-critical healthcare infrastructure,” said Hon Wing Mak, a […]
News Release: LTC Generates $20.8 Million in Proceeds From Sale of Two Skilled Nursing Centers
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has sold two skilled nursing centers in New Mexico. The two centers, totaling 235 beds, were sold for $21.3 million, generating proceeds of $20.8 million. The proceeds will […]
News Release: BentallGreenOak and Graymark Capital to Develop 100,000-Sq. Ft. Bayshore Bio Life Science Campus in Palo Alto, CA
The City of Palo Alto has granted permit approval for this life science development at 2225 East Bayshore Road Palo Alto, (March 2, 2023) — BentallGreenOak (BGO) and Gray Matter by Graymark Capital have begun construction on a two-story, 36,000-square-foot life science development at 2225 East Bayshore Road in Palo Alto, California, which represents the […]
News Release: ORTHOVIRGINIA, LINGERFELT, HOURIGAN TO BUILD $50 MILLION MEDICAL COMPLEX IN WATKINS CENTRE IN CHESTERFIELD COUNTY, VIRGINIA
Richmond, VA – March 2, 2023 — ORTHOVIRGINIA, the largest orthopedic practice in Virginia, is partnering with LINGERFELT and HOURIGAN to create a new $50 million, 77,000 square foot orthopedics destination at Watkins Centre in Chesterfield County, Virginia. Watkins Centre is a premier mixed-use development community located at the regional interchange of 288 and Midlothian Turnpike. […]
News Release: CREG Announces Sale of Four-Building MOB Portfolio in Salem, Ore.
RECENT CLOSING CLOSING DATE – MARCH 2023 TYPE – 4-BUILDING ORTHOPEDICS PORTFOLIO LOCATION – SALEM, OREGON PRICE – $20,000,000 TOTAL SF – 54,606 SF $/SF – $366/SF Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a four-building medical office portfolio located in Salem, Oregon and totaling […]
