News Release: Woodside Health Announces Acquisition of The Offices at Sweetwater – Houston MSA
FOR IMMEDIATE RELEASE CLEVELAND, OH (October 21, 2024) – Woodside Health announces its acquisition of The Offices at Sweetwater in Sugar Land, Texas. The 4-building medical office campus has approximately 73,000 rentable square feet and is located at 4645-4675 Sweetwater Blvd. “The property is well located in the heart of Sugar Land and less than […]
News Release: MemorialCare Saddleback Medical Center Unveils New Women’s Health Pavilion with Ribbon Cutting Ceremony – Providing Specialized Care to Women in Orange County
Oct 21, 2024, 17:53 ET LAGUNA HILLS, Calif., Oct. 21, 2024 /PRNewswire/ — MemorialCare Saddleback Medical Center recently celebrated the grand opening of the Women’s Health Pavilion – Orange County’s first location that is completely dedicated entirely to women’s health care at all stages of life – with a special ribbon cutting ceremony. The vision […]
News Release: Meridian Purchases Medical Office Building in Tucson, Arizona
FOR IMMEDIATE RELEASE: El Rio Health to Expand Access to Care with New Health Center TUCSON, Ariz. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a vacant 94,569-square-foot medical building in Tucson, Arizona, located at 4888 […]
News Release: Hammes Healthcare welcomes Darrick Walls as a vice president in Dallas
Milwaukee, WI, October 17, 2024 – Hammes, a national real estate consulting, development, investment and management firm, is pleased to welcome Darrick Walls back to the organization as a vice president. Darrick will be based out of the firm’s Dallas office where he will lead project management engagements for healthcare construction projects, including new hospitals, […]
News Release: University of Michigan Health plans $32 million health care center in Grand Ledge
ANN ARBOR, Mich. – University of Michigan Health will build a new 45,000-square foot health care center near Grand Ledge, after Thursday’s approval of the $32 million project by the U-M Board of Regents. University of Michigan Health-Sparrow will operate the new health care center, located at 5677 E. Saginaw Highway in Oneida Township. The site […]
News Release: Just Closed: Sunnyvale MOB
Sunnyvale MOB Sunnyvale, TX Berkadia Medical & Life Sciences is pleased to announce the closing of Sunnyvale Medical Center in the Greater Dallas market. Sabrina Solomiany, Eric Lee, Vasili Davos, Chris Lashmet, and George Desloge acted as the exclusive advisors to Montecito Medical Real Estate on the disposition. Built in 2019, the 21,908-square-foot Property is […]
News Release: CBRE Advises on Sale of WestHealth Medical Outpatient Campus in Twin Cities
Minneapolis – October 17, 2024 – CBRE has arranged the sale of the WestHealth Medical Outpatient Building in Plymouth, Minnesota, to Davis, a Minneapolis-based healthcare real estate firm. Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin of CBRE’s U.S. Healthcare Capital Markets team, along with and Minneapolis-based Ryan Watts, partnered […]
News Release: Marcus & Millichap Arranges Sale of Medical Office Building in Missouri
TROY, Mo., Oct. 17, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Troy Professional Building, a 24,952-square-foot medical office property located in Troy, Missouri. “Medical office buildings remain a strong investment category in the St. Louis […]
News Release: FTS Healthcare Real Estate Team Secures Financing for Two Build-to-Suit Medical Facilities in Virginia
NEW YORK — Fifth Third Securities, Inc.’s (“FTS”) healthcare-focused real estate investment banking team worked with Capital Growth MedVest to secure financing for its development of the Centra Rehabilitation Hospital and Centra Behavioral Health Hospital in Lynchburg, Virginia. Both hospitals will be operated by a joint venture partnership between affiliates of Lifepoint Health and Centra […]
News Release: Davis Acquires 201,000 sq. ft., Class A Outpatient Medical Center in Plymouth, MN; 96% Occupied, Anchored by Allina Health
P R E S S R E L E A S E MINNEAPOLIS (October 15, 2024)—Davis, a leading healthcare real estate development, investment and management firm, has made a significant investment acquiring WestHealth, a three-building, 201,000-square-foot outpatient medical center in Plymouth, MN. The portfolio, located at 2805, 2855 and 3005 Campus Drive, comprises two outpatient […]
News Release: NexCore Group Names Carolyn Wilson as Chief Operating Officer
Seasoned healthcare veteran brings over 30 years of experience to lead operational strategy across NexCore’s diverse portfolio. DENVER, October 16, 2024 – NexCore Group, a national leader in healthcare real estate development, is pleased to announce the appointment of Carolyn Wilson as Chief Operating Officer (COO). Carolyn has been an integral part of the NexCore […]
Thought Leaders: Beyond pay: Healthcare workplaces key for talent attraction and retention
News release JLL’s new Employee Perspective on Healthcare Real Estate research reveals workplace environment’s crucial role in employee experience and satisfaction CHICAGO, Oct. 16, 2024 – The healthcare sector is at a critical juncture when it comes to attracting and retaining quality talent that is vital to providing patient care. Nearly a quarter of healthcare […]
Feature Story: Slow sales market hit the bottom, is now rebounding
A group of panelists at the Connect HRE Conference make their case for optimism By John B. Mugford There are plenty of professionals involved in medical outpatient building (MOB) and healthcare real estate (HRE) facility investments and sales who are saying that the sluggish sales market is turning around. Without a bevy of statistics to […]
Transactions: Davis acquires MOB complex for $72 million
Three-building suburban Minneapolis assets last sold for $58 million in 2013 By Murray W. Wolf Davis has acquired the three-building, 201,000 square foot WestHealth medical outpatient building (MOB) complex in suburban Minneapolis for $72 million, or nearly $360 per square foot (PSF). The connected “Class A” facilities are located at the northeast corner of the […]
News Release: Scioto Properties Celebrates 25 Years of Providing Innovative Healthcare Real Estate Solutions
COLUMBUS, Ohio, Oct. 15, 2024 /PRNewswire/ — Scioto Properties, a leader in healthcare real estate solutions, celebrates its 25th year in business. Since its establishment in 1999, the company has been a trusted partner, supporting healthcare providers, investment firms, and organizations dedicated to improving the lives of individuals with disabilities, traumatic brain injuries, and behavioral […]
