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News Release: Remedy Medical Properties, Silver Cross Hospital, PSMG break ground for new MOB near Chicago
FOR IMMEDIATE RELEASE The Chicago-based developer and long-time partners Premier Suburban Medical Group and Silver Cross Hospital expect the medical office building, to be located in Orland Park, will open in early 2024 CHICAGO and ORLAND PARK, Ill., Jan. 11, 2023 – A partnership of Chicago-based healthcare real estate developer Remedy Medical Properties and two […]
News Release: Skanska builds life science building in Virginia, USA, for USD 83.6M, about SEK 850M
NEWS PROVIDED BY Skanska Jan 10, 2023, 02:53 ET STOCKHOLM, Jan. 10, 2023 /PRNewswire/ — Skanska has signed a contract with George Mason University to build a new life sciences and engineering building in Fairfax, Virginia, USA. The contract is worth USD 83.6M, about SEK 850M, which will be included in the US order bookings for […]
News Release: DPS Group hires Stan Orner as director of project services
Tuesday 10 January 2023 Arcadis DPS Group, a global engineering, procurement, construction management and validation firm serving high-tech process industries, today announced it has hired Stan Orner as Director of Project Services. Reporting to Senior Vice President of Project Operations Ryan McDonough, Stan will be responsible for the planning, implementation, and management of the project […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Breaches yet Another Texas Market
FOR IMMEDIATE RELEASE Dallas, TX (January 6, 2023) – Big Sky Medical announces the closing of Texas Tech Physicians of El Paso at Transmountain medical office building (MOB); the acquisition marks Big Sky’s first investment in the El Paso market adding to the firm’s position in the state of Texas. The property is situated due […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Begins Expansion Into The Far-West
FOR IMMEDIATE RELEASE Dallas, TX (January 6, 2023) – Big Sky Medical announces the closing of Valley Orthopaedics; the acquisition marks the firms first investment in the far-west United States. The property is located in Modesto, California, roughly 90 Miles East of San Francisco. The addition of the 20,695 square foot asset signifies Big Sky’s […]
News Release: BioMed Realty Bolsters Leadership Team with Key Officer Promotions
PRESS RELEASE January 4, 2023 The promotions further strengthen BioMed’s world-class real estate platform SAN DIEGO – January 4, 2023 – BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced today the promotion of four officers in support of the Company’s continued expansion and investment in core […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate acquire $131 million, 13-property portfolio
FOR IMMEDIATE RELEASE Acquisition of the 300,328-square-foot Project Prism (Montecito) Portfolio consisting of 13 fully leased medical office properties in eight states closed in late December CHICAGO and BOCA RATON, Fla., Jan. 4, 2023 – Joint venture (JV) partners Remedy Medical Properties and Kayne Anderson Real Estate announced today that they have acquired the Project […]
News Release: PharmaEssentia Establishes a New Research and Development Facility in the Boston Area
The PharmaEssentia Innovation Research Center (PIRC) will advance the company’s diverse pipeline and research footprint in the U.S., driving job creation January 04, 2023 08:00 AM Eastern Standard Time TAIPEI,Taiwan–(BUSINESS WIRE)–PharmaEssentia Corporation, (TPEx:6446), a global biopharmaceutical innovator headquartered in Taiwan leveraging deep expertise and proven scientific principles to deliver new biologics in hematology and oncology, […]
News Release: GFH Acquires Big Sky Asset Management
The acquisition further enhances GFH’s US presence Builds on its thematic focus on attractive and defensive markets Manama, 03 January 2023 – GFH Financial Group (“GFH” of the “Group”) today announced it has completed the acquisition of a majority stake in Big Sky Asset Management (“Big Sky”), a US-based real estate asset manager focused on […]
Feature Story: HRE developers see plenty of opportunities in 2023
Headwinds are likely to slow activity, but the need for projects will remain strong By John B. Mugford With so many economic headwinds facing almost all business sectors, even the recession-resistant healthcare real estate (HRE) sector, why is a group of development professionals involved in the HRE space remaining so optimistic? Both medical office building […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate acquire $131 million, 13-property portfolio
FOR IMMEDIATE RELEASE Acquisition of the 300,328-square-foot Project Prism (Montecito) Portfolio consisting of 13 fully leased medical office properties in eight states closed in late December CHICAGO and BOCA RATON, Fla., Jan. 4, 2023 – Joint venture (JV) partners Remedy Medical Properties and Kayne Anderson Real Estate announced today that they have acquired the Project […]
News Release: Bristol Myers Squibb Completes Sale of Manufacturing Facility in Syracuse, New York
January 03, 2023 06:59 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Bristol Myers Squibb (NYSE: BMY) has completed the previously announced sale of its manufacturing facility in Syracuse, New York to LOTTE BIOLOGICS. The divestiture is part of Bristol Myers Squibb’s ongoing evolution of its manufacturing network to support its product portfolio. As part of the […]
News Release: Stonemont Financial Group Acquires Premier MOB in Alpharetta
The firm has plans for a significant capital improvement program at Preston Ridge Medical Office Building, which houses Northside Hospital and a number of top healthcare providers ATLANTA (Jan. 2, 2023) – Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions, net lease investments, and healthcare announced today that it […]
Feature Story: The top 10 healthcare real estate stories of 2022
A look at some big deals and JVs; slowing MOB sales; health system struggles By John B. Mugford As we entered 2022 and it looked as if the COVID-19 pandemic was finally in the rearview mirror, most of professionals involved healthcare real estate (HRE) were confident that good things were on the horizon for the […]
News Release: Flagship Healthcare Properties’ REIT Acquires Winter Haven Medical Office Building
Newly Renovated Property is home to Center for Retina and Macular Disease CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) located at 250 Avenue K SW in Winter Haven, Florida. The 27,910-square-foot property was originally built in 2005 and renovated in […]