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News Release: Echo Development Group, Inc. Acquires Medical Building for Behavioral Health Clinic Build-to-Suit Redevelopment
FOR IMMEDIATE RELEASE Akron, OH (May 6, 2019) – Echo Development Group, Inc. announces it has acquired an existing medical building in partnership with BrightView – an outpatient addiction medicine practice based in Cincinnati, OH. The property is located at 999 North Main Street in Akron, OH (approximately 3 miles north of the downtown CBD), […]
News Release: Amenity-Rich, Mixed-Use Design will Further Connect World’s Largest Medical Complex
May 01, 2019 Houston – Transwestern Development Co. (TDC®) today announces it has been selected to provide development services for the transformational TMC3 Campus by the Texas Medical Center (TMC) and the project’s Founding Institutions: Baylor College of Medicine, Texas A&M Health Science Center, University of Texas Health Science Center at Houston, and University of Texas MD Anderson Cancer Center. […]
News Release: PMB announces plans for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.
FOR IMMEDIATE RELEASE News Media Contact: Nicole Lemieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based healthcare real estate firm plans to start construction this summer for the new $17 million, Class A, two-story facility to be anchored by Carondelet Medical Group TUCSON, Ariz., and SAN DIEGO, May 1, 2019 – PMB, one of the […]
People: Q&A with Jay Buckley, Anchor’s new VP of asset management
After five years with HCP, industry veteran joins private HRE firm to help manage its fast-growing portfolio In a reflection of its strong growth in recent years, Charlottesville, Va.-based Anchor Health Properties recently hired commercial real estate veteran Jay Buckley for the role of VP, asset management. Mr. Buckley, who started his career with an […]
News Release: Hammes Co. Appoints Nancy Connolly President
Milwaukee, Wis., April 30, 2019 – The board of directors of Hammes Company, the nation’s leader in healthcare building strategies (hammesco.com), today announced the appointment of Nancy Connolly as president. Connolly joined Hammes in 2003 as a consultant. Shortly thereafter, Connolly moved from Washington, D.C. to Philadelphia to open and operationalize a new office. Connolly was […]
News Release: Cook Children’s Expands with New Pediatric Hospital in Prosper
For Immediate Release Primary and urgent care expected to open in Fall 2019 Prosper, TX (April 25, 2019) – Cook Children’s Health Care System, which has a long history of caring for children in North Texas and beyond, is announcing plans to build a new children’s hospital in east Denton County in the Town of Prosper. Cook […]
News Release: Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center facility
April 25, 2019 For Immediate Release Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center Facility part of Carpionato’s bio-medical destination campus at Crossings Office Park WARWICK, RHODE ISLAND –Mayor Joseph J. Solomon and Council President Steven Merolla joined with shareholders of Ortho Rhode Island, Calspan and […]
Now Available: 2019-20 HREI Resource Guide
Please click on one of the options below to access the 2019-20 HREI Resource Guide™ in your preferred format: PDF (“snapshots” of entire publication or selected articles) Website (individual articles)
Feature Story: Revista’s top outpatient developers of 2018 are… (UPDATED)
Anchor Health Properties led in two categories, with PMB topping the other (UPDATED) The rankings of the top outpatient healthcare real estate (HRE) developers in 2018 are complete, as Arnold, Md.-based Revista has released the results of its third annual development report. The company, which focuses on thoroughly compiling and disseminating data concerning the HRE […]
News Release: NexCore Breaks Ground for CHI Health Clinic Millard in the Southwest Omaha metro
The 38,700 square foot facility will double the size of an existing clinic, providing a positive economic impact as well as convenient, high-quality, one-stop outpatient care Top: NexCore Group has begun development of the new 38,700 square foot CHI Health Clinic in Millard, Neb. Bottom: Ground was broken March 27 for the new clinic, which will […]
News release: HFF closes $14.75M sale of build-to-suit medical office property for Joe DiMaggio Children’s Hospital in South Florida
ORLANDO, FL – APRIL 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.75 million sale of a build-to-suit medical office property in Wellington, FL, totaling 31,830 square feet and fully leased to Joe DiMaggio Children’s Hospital. The tenant’s parent health system, Memorial Healthcare System, exercised its right of first […]
Development: MOB development remains on its steady course
Despite some potential headwinds for MOB construction, all signs, including the opinions of HRE professionals and data from research firms such as Revista, indicate strong results now and in the future By John B. Mugford During the boom years for medical office building (MOB) development prior to the Great Recession, financing was easy to get […]
Cover Story: What’s ahead for healthcare real estate?
A provider, developer, investor, broker and architect shared their views during the recent Urban Land Institute Spring Meeting in Nashville, Tenn. By Murray W. Wolf A healthcare real estate (HRE) panel discussion at a recent Urban Land Institute (ULI) meeting provided newcomers to the space with a blunt assessment of the risks and rewards associated […]
News Release: Avison Young brokers sale of medical office building in Maryland for $20.6 million
For Immediate Release Monday, April 22, 2019 WASHINGTON – Avison Young announced today that it has negotiated the sale of a Class A medical office building in a growing suburb of Washington, DC. Foulger-Pratt, based in Potomac, Maryland, sold the building located at 7704 Matapeake Business Drive in Brandywine, Md. to Hammes Partners for $20.595 […]
News Release: Meridian Sells New 9,200 SF Dialysis Clinic in Downtown Long Beach for $8.4 Million
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 9,200-square-foot dialysis clinic in Long Beach, Calif. The purchase price was $8,421,580, representing a cap rate of 5.0 percent. The […]