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Editor’s Letter: Postcard from San Fran
BOMA’s MOB conference has become the standard Dear Reader: As you read this edition of Healthcare Real Estate Insights™, the chances are good that you’re doing so in San Francisco while attending the 2013 BOMA International Medical Office Buildings & Healthcare Facilities Conference. If that’s not the case, wish you were here. The fact is, […]
News Release: Johnson Development starts medical office building on campus of St. Vincent’s Medical Center Clay County
JACKSONVILLE, Fla. (April 12, 2013) – Johnson Development has begun construction of a 60,000-square-foot medical office building next to the new hospital, part of a new medical complex that will serve one of Florida’s fastest-growing counties.The medical office building, expected to be complete in October, will include facilities for cardiology, wound care, orthopedics, rehabilitation, neurology, […]
Thought Leaders: Duke Realty’s perspective on opportunities in healthcare real estate
I had the opportunity to emcee the Minnesota Real Estate Journal (MREJ) 2013 Healthcare & Medical Properties Conference March 26 in the Minneapolis area. It was a great event — well-attended, with interesting speakers and panels. The keynote address was titled “Opportunities in Healthcare Real Estate” by Keith Konkoli, SVP-Healthcare, Duke Realty. Mr. Konkoli offered […]
News Release: Caddis Partners welcomes Jud Jacobs as senior vice president
DALLAS (April 10, 2013) – Dallas-based healthcare real estate development and investment firm Caddis Partners proudly announced this week the addition of Jud Jacobs as Senior Vice President. Jacobs will lead the development group and focus on establishing new and managing current relationships with hospitals, physician groups and healthcare systems across the U.S. Prior to […]
News Release: New $18 million medical office building breaks ground in Oak Lawn, Ill.
Chicago, April 9, 2013 – Excavators were on-site last week to begin development of a new $18 million Class A regional medical office building on 95th Street in Oak Lawn, Illinois, adjacent to Advocate Christ Medical Center. Bluestone Healthcare Partners, LLC, the developer of the project, expects occupancy in November 2013. The two-story, 37,658-square-foot outpatient […]
For Sale: White Marsh Health Center, White Marsh, Md.
PROPERTY OVERVIEW 8114 N. Sandpiper Circle is 44,989 (RSF) square foot medical office building constructed in 1986. Located on 3.99 acres, the Property features ample parking with 200 surface spaces representing 5.96 spaces/1,000 square feet. The Property features one point of ingress and egress along Sandpiper Circle, a corridor heavily populated with similar office and […]
News Release: CBRE awarded Far North Central San Antonio medical office leasing assignment
SAN ANTONIO, Texas – April 8, 2013 – CBRE has been exclusively selected as the leasing agent for Stone Oak Physicians Plaza in San Antonio, which totals 68,072 square feet. Stone Oak Physicians Plaza I & II is located at 19016 Stone Oak Parkway and 540 Oak Centre Drive. The property was built in 1998 […]
Industry Pulse: Provider hit with $25.5 million fine for self-disclosed Stark violations
An announcement last week by the U.S. Department of Justice is sure to provide fresh ammo to healthcare real estate professionals who contend that one of the benefits of third-party real estate ownership is that it is a good way to avoid Stark Statute violations.
News Release: Acadia Healthcare to acquire two acute inpatient psychiatric facilities in Puerto Rico and Florida for $91.8 million
April 05, 2013 06:50 AM EDT FRANKLIN, Tenn. — (BUSINESS WIRE) — Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that it has signed a definitive purchase agreement with Ten Broeck Tampa, Inc. and Capestrano Investment Company, Inc. to purchase two acute inpatient psychiatric facilities. Acadia will acquire the San Juan Capestrano Hospital in San […]
News Release: Griffin-American Healthcare REIT Acquires Buildings in Colorado, Georgia, Indiana and Michigan
Acquisitions in Colo., Ga., Ind. and Mich. increases portfolio to $1.42 billion NEWPORT BEACH, Calif., April 3, 2013 (GLOBE NEWSWIRE) — American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT II, Inc., announced today the acquisition of five medical office buildings by the REIT for an aggregate purchase price of approximately […]
News Release: NEW CBRE VIEWPOINT OFFERS “TEN TIPS FOR HEALTHCARE PROVIDERS”
Analysis Finds Hospitals Must “Think Like Retailers” in Where/How to Deliver Care Los Angeles, April 3, 2013—Healthcare providers must begin to “think like retailers,” refocusing on site selection and creating “convenient” space for patient care delivery according to new report from CBRE. “Ten Tips for Healthcare Providers Under the Affordable Care Act” finds that healthcare systems […]
News Release: MedProperties acquires Atrium Medical Center MOB
The 103,000 square foot medical office building is connected to the Atrium Medical Center in Middletown, Ohio, and offers convenient access and ease of use by patients and physicians MIDDLETOWN, Ohio, and DALLAS, April 3, 2013 – A new partnership of MedProperties Holdings LLC of Dallas, Texas and Equity Inc. of Columbus, Ohio, now owns […]
News Release: NewYork-Presbyterian Announces $100 Million Donation from David H. Koch – Largest in Hospital’s History -to Fund Outpatient Facility on Manhattan’s East Side
Hospital Kicks Off $2 Billion Capital Campaign NEW YORK (April 2, 2013) — NewYork-Presbyterian Hospital today announced a $100 million gift from David H. Koch, which will support the construction of its new ambulatory care center at the hospital’s Upper East Side location on York Avenue between 68th and 69th Streets. Hospital trustee and longtime […]
News Release: Mercy in Partnership with Nashville-Based Centerre Breaks Ground on New Rehabilitation Hospital.msg
Springfield, MO. (April 2, 2013) — Rehabilitation services in the Ozarks will get a major upgrade, as crews begin work on the new Mercy Rehabilitation Hospital Springfield. The $28 million, 63,000 square foot facility will have 60 beds and provide inpatient rehabilitation for patients who are recovering from strokes, brain or spinal cord injuries, amputations, […]
News Release: McCarthy Building Companies, Inc. Honored for Innovative Technology
Company Receives Three Fiatech CETI Awards in Single Year SAN ANTONIO, TX, April 2, 2013 – McCarthy Building Companies, Inc. was recently honored with three Celebration of Engineering & Technology Innovation (CETI) Awards for the innovation and technology created and employed in the design and construction process. The recognition represents the first time in the […]