admin
News Release: UF Health to open new neighborhood hospital in Ocala
Published: Dec 12, 2022 By: Doug Bennett University of Florida Health is bringing its warm patient care and nationally recognized medical expertise to Ocala with a new neighborhood hospital. The 150,000-square-foot hospital will include 10 emergency department rooms, 10 inpatient rooms, a medical imaging center, four surgical operating rooms and other features. Construction is underway […]
News Release: Institutional Property Advisors Completes Chattanooga Medical Office Building Sale
FOR IMMEDIATE RELEASE CHATTANOOGA, Tenn., Dec. 9, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of CHI Memorial, a 17,837- square-foot medical office building in Chattanooga, Tennessee. The asset traded for $7.4 million, or $415 per square-foot. “Situated on a 1.39 acre-parcel, this LEED silver […]
News Release: $81 million investment will create 94 new jobs
Thursday, December 8, 2022 The Ritedose Corporation, a locally owned and operated pharmaceutical manufacturer, today announced plans to expand operations in Richland County. The company’s $81 million investment will create 94 new jobs. Founded in 1995, The Ritedose Corporation operates a state-of-the-art “blow-fill-seal” (BFS) facility, where liquid-pharmaceuticals are formulated, filled and packaged for distribution. For […]
Life Sciences: Are more LSRE investors willing to look farther afield?
The $213.3M acquisition of a Durham, N.C., agtech campus could be a sign of things to come By Murray W. Wolf DURHAM, N.C. – Although life sciences real estate (LSRE) has grown more mainstream in recent years, it is still viewed by many investors as an “alternative” asset class. Now, with investor demand for LSRE […]
News Release: City of Vacaville (Calif.) approves Axiom Point, a new 375,000 SF biomanufacturing campus
Transwestern Project Expected to Attract Life Sciences Jobs to Area December 07, 2022 VACAVILLE, CALIF. – Transwestern Ventures (TWV), in partnership with Transwestern Real Estate Services (TRS), announces that the City of Vacaville’s Planning Commission has approved plans to develop Axiom Point, a 375,000-square-foot, state-of-the-art biomanufacturing campus. The new development will be located on 22.4 […]
News Release: Davis adds to growing MOB investment fund with $18 million purchase in Woodbury, Minn.
News Release With this most recent acquisition, the fast-growing Davis Medical Investors portfolio now includes 13 buildings totaling 567,356 s.f. with a total acquisition cost of $230 million MINNEAPOLIS and WOODBURY, Minn., Dec. 7, 2022 – Minneapolis-based Davis has acquired the two-story, 42,467 square foot Woodlake Medical Building in Woodbury, an east St. Paul suburb. […]
Feature Story: Behavioral health takes center stage
Demand is strong for services and facilities, but roadblocks are holding up development, according to panel at InterFace Healthcare conference By John B. Mugford NASHVILLE, Tenn. – As the country has dealt with the COVID-19 pandemic in recent years, behavioral health has become a national concern as more and more people struggle with a variety […]
News Release: Medcore Partners Has Been Awarded the Exclusive Leasing Assignment for Five Assets Totaling over 550,000 SF of Healthcare Realty’s Plano and Carrollton Portfolio
NEWS PROVIDED BY MedCore Partners Dec 06, 2022, 10:00 ET DALLAS, Dec. 6, 2022 /PRNewswire/ — MedCore Partners, LLC (“MedCore”) has been awarded the exclusive leasing assignment for Healthcare Realty’s (“HRT”) Plano/Carrollton portfolio consisting of more than 550,000 square feet across five medical assets. Kyle Libby, Michael Collins, and Thomas Byers will market the properties on […]
News Release: Texas Kicks Off Construction of New Psychiatric Hospital in Dallas
NEWS RELEASE Texas Health and Human Services Commission Cecile Erwin YoungHHS Executive Commissioner December 5, 2022 AUSTIN – The Texas Health and Human Services Commission, UT Southwestern Medical Center, and Children’s Health hosted a groundbreaking ceremony to celebrate the start of construction on the state’s newest psychiatric hospital in Dallas, The Texas Behavioral Health Center […]
News Release: Alcresta Therapeutics Announces Move to New Corporate Headquarters in Waltham, MA
Waltham, MA—December 5, 2022—Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel enzyme-based products, today announced that it has moved its corporate headquarters to the Stony Brook Office Park in Waltham, MA. The new facility will combine the company’s corporate office personnel, formerly headquartered in Newton, MA, and its research and […]
News Release: More Class A industrial space set for development in Johnston County
December 6, 2022 County Commissioners Approve Plan for Up To 295,000-Sq.-Ft. Spec Space in Benson Johnston County, N.C. – December 5, 2022. Johnston County’s inventory of high-quality industrial space is set to continue growing as E.D. Parker Corporation finalizes plans for a speculative building in Benson that will span from 275,000 square-feet to 295,000 square-feet. […]
News Release: Sold – Award-Winning Specialty Hospital & MOB – Wichita, KS
SOLD WICHITA, KANSAS AWARD-WINNING SPECIALTY HOSPITAL & ADJACENT MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning Kansas Spine & Specialty Hospital (KSSH) and the adjacent medical office building (collectively, the Portfolio). Located in Wichita, KS, Kansas Spine & Specialty Hospital is […]
Life Sciences: Boston gives the OK to three big new LSRE developments
GI, Oxford and Marcus get approval for separate projects totaling more than 1.1 million s.f. By Murray W. Wolf Despite the recent slowdown in life sciences activity, Boston officials recently gave the green light to three big new life sciences real estate (LSRE) projects totaling more than 1.1 million square feet. During its Nov. 17 […]
News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Class A Office/Medical Building in San Diego for $8.1 Million
For Immediate Release SAN DIEGO, Calif. – November 30, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding office/medical project of 26,945 square feet in Escondido (San Diego), California. Located at 800 W Valley Pkwy, the two-story property sold for $8.1 million to an owner/occupier. The buyer was The […]
News Release: TCC Breaks Ground on 282,700-SF Life Science Development in Seattle; Pre-Leases 124,000 SF
Seattle, WA | November 30, 2022 Rendering of 1916 Boren exterior Trammell Crow Company (TCC), a global commercial real estate developer, and partner Washington Capital Management, on behalf of their clients, have broken ground on a new life science development in Seattle. Rising 11 stories, 1916 Boren will include 282,700 square feet of life science […]