News Release: UCLA Health acquires West Hills Hospital and Medical Center
March 29, 2024 UCLA Health has acquired the 260-bed West Hills Hospital and Medical Center and related assets from HCA Healthcare. The transaction, which was finalized on March 28, will help address hospital inpatient capacity needs, allowing UCLA Health to provide world-class care to more patients across the region. The hospital has been renamed UCLA […]
Life Sciences: How and when will LSRE development rebound?
There’s no ‘silver bullet,’ RevistaLab panelists say, but there are hints of progress Editor’s note: This article is part one of our coverage of a recent panel discussion on life sciences real estate (LSRE) development. Part two will appear next week. PASADENA, Calif. – Life sciences real estate (LSRE) construction starts have been declining steadily […]
News Release: Mortenson Selected to Lead Phase 1 Development at The MIX
The University of Minnesota Foundation (UMF) announced that Mortenson has been chosen as its partner for the development of the first phase of a 12-acre hub of innovation and economic development in the Twin Cities, newly named The Minnesota Innovation Exchange or “The MIX.” The MIX, located on the eastern edge of the University of […]
News Release: Commercial Development Coming to Former Grafton State Hospital
MassDevelopment, the State’s Land Bank, Sells 33-Acre Parcel to Boston-Based GFI Partners for Creation of New 200,000-Square-Foot Development to be Leased for Life Science or Other Industrial, Flex Uses GRAFTON, Mass. – MassDevelopment has sold a 33.2-acre parcel at 124 Westboro Road in Grafton, formerly part of the state-owned Grafton State Hospital, to GFI Partners. […]
News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego
JLL represents landlord in lease to AnaBios which brings the property to 50 percent leased SAN DIEGO, CALIF., March 28, 2024 – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego. This cutting-edge, […]
News Release: Hospital acquisitions met with celebration, excitement
Ribbon-cutting ceremony at UCI Health ― Fountain Valley marks historic moment March 28, 2024 IN THE NEWS: This week, UCI Health celebrated the acquisition of four medical centers and their associated outpatient locations. The purchase will enable Orange County’s only academic health system to build on its commitment to improve health in communities by expanding […]
News Release: Orlando Health Neuroscience Institute Unveils New Facility on Downtown Orlando Campus
The space will be the new home of the neuroscience service lines Orlando, FL (March 28, 2024) – Orlando Health Neuroscience Institute is opening a brand-new facility in the heart of the healthcare system’s downtown Orlando campus that will serve patients throughout the southeastern United States. The three-story, 45,000-square-foot medical office building will house neurology, […]
News Release: Charter Medical’s Innovation Hub Joins Innovation Quarter
Winston-Salem-based Charter Medical announced today it has established its new Innovation Hub in downtown Winston-Salem’s Innovation Quarter. The Innovation Hub features a state-of-the-art lab space where single-use studies for freezing, transportation, and protection will be performed to support the biopharma industry’s cold chain logistics process. Charter’s single-use engineering team continues to focus their decades of […]
News Release: Froedtert ThedaCare Health, Inc. Breaks Ground on New Health Campus in Oshkosh (wis.)
March 26, 2024 Oshkosh, Wis. — The combined health system of Froedtert ThedaCare Health, Inc. is announcing the groundbreaking of a new health campus in Oshkosh. The planned campus aims to expand convenient access to care for those living in Northeast and Central Wisconsin. As of Jan. 1, 2024, Froedtert Health and ThedaCare finalized the […]
News Release: Governor McKee Hosts Topping Off Ceremony for 150 Richmond
Published on Tuesday, March 26, 2024 PROVIDENCE, RI – Governor Dan McKee was joined today by numerous dignitaries in the I-195 District for a topping off and beam signing ceremony at 150 Richmond—a 7-story, 212,000-square-foot building to be anchored by PVD Labs and the Rhode Island Department of Health (RIDOH) State Health Laboratories. “Today’s milestone […]
News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks
Experienced owner unveils plans to convert existing Sorrento Mesa creative office building into spec lab to cater to region’s life sciences tenant demand Cushman & Wakefield leading leasing efforts for transformative project SAN DIEGO, Calif. – March 25, 2024 – King Street Properties (“King Street”) has unveiled plans for a new premier 60,000-square-foot speculative lab and life […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg (Va.) Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
Feature Story: Rising rates, costs catch up with the MOB development market
Revista report shows project starts fell 38.8%; also lists the largest developers of 2023 By John B. Mugford Although 2022 was generally considered to be a tough year for healthcare real estate (HRE) developers – the result of rising construction costs and inflation – the amount of medical outpatient building (MOB) space started or completed […]
News Release: Atkins Companies Collaborates with Renowned Surgeons to Bring Luxury Plastic Surgery Center to New York City
New York City, N.Y. (March 26, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, and renowned plastic surgeons, Dr. Oren Tepper, Dr. Evan Garfein and Dr. Arthur Perry announce the opening of Greenwich Street 497, a luxury aesthetics and plastic surgery center, located at 497 Greenwich Street […]