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News Release: PMB joins forces with Dignity Health once again to develop MOB in suburban Phoenix
San Diego-based healthcare real estate firm is developing the 80,000 square foot Mercy Gilbert Medical Plaza II on the Dignity Health Mercy Gilbert Medical Center campus in Gilbert, Ariz. GILBERT, Ariz., March 13, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, is in the midst […]
News Release: NexCore Group hires healthcare executive Ian Wong as Executive Vice President, Operations
Mr. Wong will oversee the growing healthcare real estate developer’s operational teams as the firm continues to meet robust growth targets and strategic objectives DENVER, March 13, 2019 – National healthcare real estate developer NexCore Group announced today that Ian Wong has joined its firm as Executive Vice President, Operations. Mr. Wong joins the growing […]
News Release: Davis forms strategic partnership with new healthcare-focused Synergy Architecture
National healthcare real estate firm aligns with experienced healthcare architectural team to enhance customer service and increase responsiveness MINNEAPOLIS, March 13, 2019 – Davis announced today a partnership with the newly created Synergy Architecture Studio LLC, an architectural services firm specifically focused on the healthcare industry. Patrick Giordana, AIA, formerly with bdh + young, is […]
Outpatient Projects: An MOB project that was worth the risk
Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]
News Release: Seavest gains approval for major downtown San Francisco medical office conversion
Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]
News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. […]
News Release: Le Bonheur Children’s Hospital to expand Heart Institute
Two-story, $37.6-million dollar expansion to create a 31-bed dedicated Cardiovascular Unit NEWS PROVIDED BY Le Bonheur Children’s Hospital Mar 05, 2019, 17:25 ET MEMPHIS, Tenn., March 5, 2019 /PRNewswire/ — Le Bonheur Children’s Hospital will expand its Heart Institute with a two-story, $37.6 million addition. This expansion will add 19 additional beds to the Heart Institute to create a 31-bed […]
News Release: Beaumont Health identifies comprehensive outpatient care campus location in Macomb County (Mich.)
Tuesday, March 05, 2019 Beaumont Health has identified a property to develop a new, comprehensive outpatient care campus in Macomb County (Mich.) in 2020. The proposed Macomb County site is located within the Bay River Marketplace, adjacent to Meijer, near the intersection of I-94 and 26 Mile Road in Lenox Township. A groundbreaking will occur later this […]
News Release: Just Sold – Two-Tenant Medical Office Project Trades for $498 PSF in Corona, CA
Corona Medical Center Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Corona Medical Center, located at 2057 Compton Avenue in Corona, California, at a gross price of $5,150,000 ($498 PSF) that reflects a year one cap rate of 5.89%. The two-tenant project totals 10,340 square feet and was 100% […]
Thought Leaders: Colliers 2019 Healthcare Marketplace Report
Author: Mary Beth Kuzmanovich and Stephen Newbold Date Published: 03/04/2019 We are pleased to share Colliers International’s 2019 Healthcare Marketplace Report, which shows that the U.S. healthcare real estate sector remains on solid footing. The national vacancy rate for medical office buildings (MOBs) held virtually flat after 2017’s all-time low, even though 20.9 million square feet of […]
News Release: New Sutter CPMC Van Ness Campus Hospital Opens its Doors in the Heart of San Francisco
Smart hospital design merges advanced technology, safety, efficiency and personal touches – such as private rooms – to support the highest quality care March 02, 2019 09:00 ET | Source: Sutter Health SAN FRANCISCO, March 02, 2019 (GLOBE NEWSWIRE) — San Francisco residents now have a modern new hospital at their doorstep as Sutter opens the doors to […]
News Release: HFF closes sale of North County San Diego medical office building
SAN DIEGO, CA – HFF announces that it has closed the sale of Palomar Health Outpatient Center Phase I, a medical office building totaling approximately 75,000 square feet in North County San Diego, California. HFF marketed the property on behalf of the seller, Encinitas-based real estate developer JRMC Real Estate Inc., and procured the buyer, […]
News Release: Flagship Healthcare Properties Delivers Medical Office Buildings in Southwest Charlotte, NC
NEWS RELEASE FOR IMMEDIATE RELEASE CHARLOTTE, NC (February 26, 2019) – Flagship Healthcare Properties, LLC (“Flagship”) announced that it has completed construction of two 9,000-square-foot medical office buildings (“MOBs”) in Berewick Town Center, a 1,200-acre master-planned community located eight miles southwest of uptown Charlotte. The buildings are located adjacent to Solis […]
Thought Leaders: Hospital Development Company, Simone Healthcare Development Explains the Difference Between Patient-Centered and Patient-Centric Care
NEWS PROVIDED BY Simone Health Development Companies Feb 26, 2019, 05:00 ET BRONX, N.Y., Feb. 26, 2019 /PRNewswire/ — In an effort to help medical facilities provide more effective treatment, healthcare architecture firms, Simone Healthcare Development, explains the difference between patient-centered and patient-centric care. The healthcare industry has advanced a great deal in recent years, and these leaps in […]
Cover Story: ‘Just getting started’
NexCore Group transitions to its ‘next core’ of executive leadership By John B. Mugford As is the case with many successful companies, all of what NexCore Group LP has accomplished over the years, and continues to accomplish today, makes it somewhat difficult to remember when the company was just starting out and its new executives were […]