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Feature Story: Still ‘recession-resistant,’ but HRE could see some bumps
Inflation, higher interest rates and stressed providers challenge HRE By John B. Mugford Since the Great Recession of 2007-09, healthcare real estate (HRE) professionals have touted the strengths of the sector and the product type, going so far as to refer to medical facilities as “recession resistant.” Healthcare facilities performed comparatively well during that crisis, […]
News Release: ERDMAN Partners with Aestique on New Ambulatory Surgical Center
Firm to build new surgery center facility in Greensburg, Pennsylvania Madison, Wis. (Nov. 21, 2022) – ERDMAN, a national leader in healthcare and senior living planning, design, construction, and real estate development, recently broke ground on Aestique’s new Ambulatory Surgical Center in Greensburg, Pennsylvania. Officials at Aestique engaged ERDMAN to plan, design, and deliver a […]
News Release: DONE DEAL – Hartford-Metro Hat Trick
Blueprint maintains position as leading advisor in New England through successful skilled nursing portfolio sale process Blueprint was selected to advise a joint venture owner on the strategic sale of a three-facility, 380-bed skilled nursing portfolio in central Connecticut Located northeast of the Hartford metro area, the facilities had historically maintained stable census levels with […]
News Release: Hines Signs Sino Biological as a Tenant at Levit Green, a 53-acre Life Science District in Houston
NOVEMBER 21, 2022 (HOUSTON) – Hines, a global real estate investment, development, and property manager, in partnership with 2ML Real Estate Interests and Harrison Street, today announced a lease at Levit Green, the new 53-acre mixed-use life science district adjacent to the Texas Medical Center in Houston, Texas. Sino Biological, Inc., an international reagent supplier […]
News Release: Bare Dermatology Signs 11,500 SF Lease at Frisco Medical Pavilion II
Building to Officially Break Ground in Early 2023 (NOV. 21, 2022 – DALLAS) – Transwestern Real Estate Services (TRS) announces Bare Dermatology has signed an 11,500-square-foot lease at Frisco Medical Pavilion II, a planned 60,000-square-foot medical office building located at 12950 Dallas Parkway in Frisco, Texas. Bare Dermatology will occupy space on the third floor […]
News Release: BioMed Realty Appoints Ankit Patel as Executive Vice President and Chief Financial Officer
Mr. Patel brings strategic and financial leadership through strengths in financial planning and analysis, capital markets, and mergers and acquisitions in the healthcare real estate sector. November 21, 2022 08:00 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced today that […]
News Release: Caddis Healthcare announces a new medical building in Buckeye, AZ
23330 W. Yuma Rd., Buckeye, AZ 85326 MEDICAL OFFICE DEVELOPMENT IN BUCKEYE, AZ FOR LEASE +/- 43,600 SF – 2-Story Breaking Ground Q1 2023 Tenant Ownership Opportunity at Sundance Medical Pavilion FOR LEASE Caddis Healthcare announces a new medical building in Buckeye, AZ Breaking Ground Q1 2023 +/- 43,600 SF – 2-Story 23330 W. Yuma […]
Feature Story: Atlanta stands out for MOB absorption
Houston, Chicago, Dallas and New York also saw high demand, according to Revista By John B. Mugford Although absorption of medical office building (MOB) space remains strong in the country’s top 50 markets, one market really stands out when it comes to demand for the product type. That market is Atlanta, where nearly 1.4 million […]
News Release: Goldman Sachs Asset Management and Lincoln Harris Purchase 445,000-Square-Foot Life Science Campus in the Heart of Raleigh-Durham’s Research Triangle Park Region
NEWS PROVIDED BY Lincoln Harris Nov 15, 2022, 09:00 ET DURHAM, N.C., Nov. 15, 2022 /PRNewswire/ — A fund managed by the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) and North Carolina real estate firm Lincoln Harris is acquiring a five-building life science campus that’s part of Triangle Business Center, set in the […]
News Release: Hammes Healthcare celebrates opening of The MetroHealth Glick Center in Cleveland
FOR IMMEDIATE RELEASE: Milwaukee, WI, November 15, 2022 – Hammes Healthcare, a leading provider of consulting and project management services, is proud to celebrate the opening of the new MetroHealth Glick Center in Cleveland, Ohio. The new 386-bed, 11-story Glick Center is part of a wider campus transformation program focused on healthcare equity for the […]
News Release: First Speculative Medical Office Building Constructed in Encinitas, CA in 15 Years
For Immediate Release Cushman & Wakefield handling Project Leasing for new San Diego facility to fulfill rising demand in healthcare services SAN DIEGO, Calif. – November 14, 2022 – Construction is nearing completion on a brand new Class A multi-tenant medical office building in Encinitas (San Diego), California. Located at 777 N El Camino Real, […]
News Release: CA Establishes Dedicated Life Science Practice
FOR IMMEDIATE RELEASE Alessio Tropeano will lead the division, beginning with the execution of the firm’s initial life science project in Emeryville CHICAGO (November 14, 2022) – CA Ventures (“CA”), the vertically integrated real estate investment management company, today announced the formal launch of its life science platform with the appointment of Alessio Tropeano as […]
News Release: SkyView Advisors has Expanded into Healthcare Real Estate | The First, Fully-Digital CRE Firm
SkyView Advisors Asset Class Expansion WE HAVE OFFCIALLY LAUNCHED INTO HEALTHCARE REAL ESTATE SELL-SIDE REPRESENTATION We are Officially Underway in Advising Healthcare Clients A Special Message from the SkyView Experts: SkyView Advisors has officially expanded into Healthcare Real Estate. Our experts are well underway in advising clients in the healthcare space; an asset class with […]
News Release: Suffolk Selected to Renovate and Expand Home Base Clinical Headquarters Treating Military Veterans and Families
Suffolk donates $1.5 million of design and construction services to project; new expanded facility and clinical space to allow national nonprofit to serve more U.S. military veterans and families in need November 11, 2022 09:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–Suffolk, one of the largest and most innovative real estate and construction enterprises in the […]
Transactions: JV of Rendina, Artemis lands a 12-MOB portfolio
Industry sources indicate the price was $112 million; Newmark represented the seller EIGHT STATES – In recent months, getting transactions done in the medical office sector, or perhaps any real estate sector for that matter, has often been quite difficult. With inflation in the high single digits and the federal funds rates rising steadily, as […]
