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News Release: Avison Young opens new office in San Diego, California
Leading Canadian commercial real estate firm opens its 22nd location outside Canada and sixth office in Southern California; Jerry Keeney becomes a Principal Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today the opening of a newly-formed office in San Diego, California. […]
News Release: McCarthy Building Companies Completes Construction of CHOC Children’s Hospital’s New Bill Holmes Tower Two Months Early
Media Contacts: Laura Mickelson (LM Communications) Lauramickelson@cox.net; (949) 453-0851 Susan Garritano (McCarthy Building Companies, Inc.) Sgarritano@mccarthy.com; (314) 968-3300 FOR IMMEDIATE RELEASE Design-assist delivery, Building Information Modeling technology and strategic phasing has allowed CHOC to serve patients sooner than anticipated in its new leading-edge children’s hospital Orange, Calif., (March 18, 2013) – Now that construction […]
REIT Report: Third time’s a charm for new Aviv REIT
After two failed IPOs, post-acute and long-term care investment firm goes public By Murray W. Wolf When Aviv REIT Inc. (NYSE: AVIV) previously attempted an initial public offering (IPO), things didn’t turn out too well. The first attempt in 2008 by the Chicago-based healthcare real estate investment firm was torpedoed by the economic downturn, and […]
Companies & People: Transwestern lands leasing assignment for 150,000 s.f. MOB under way in Katy, Texas
KATY, Texas – Transwestern has landed the leasing assignment for a 150,000 square foot, three-building medical office complex under construction in the Houston suburb of Katy.
Companies & People: PMB completes work on ambulatory care center for Palomar Health in San Diego
SAN DIEGO – Pacific Medical Buildings (PMB) recently opened a standalone outpatient clinic in Ramona, Calif., for Palomar Health, the public healthcare district serving northern San Diego County. The Ramona Ambulatory Care Center is a 7,600 square foot, $4.5 million facility at the corner of Main and 13th streets in a high-traffic area of Ramona.
Companies & People: Gresham Smith completes projects in Greensboro, N.C. and Charlottesville, Va.
KATY, Texas – Gresham Smith and Partners (GS&P), a design and consulting firm, recently completed two projects in the eastern part of the country. On one of the projects, the Nashville, Tenn.-based firm provided architecture, interior design and planning services for a new 44,000 square foot outpatient care center for
Companies & People: Kaiser selects Hammes Co. for six-story, 275,000 s.f. MOB as part of Colorado expansion
LONE TREE, Colo. – Hammes Co. was selected by Oakland, Calif.-based Kaiser Permanente to provide staff augmentation services for the provider’s future 275,000 square foot, six-story freestanding MOB in Lone Tree. Brookfield, Wis.-based Hammes Co. is providing project management, cost control, schedule review and change order administration for the project, which is slated for completion […]
Companies & People: Transwestern brokers 17,000 s.f. medical office lease in repurposed office complex
SAN RAMON, Calif. – Transwestern’s East Bay, Calif., office recently brokered a long-term lease of more than 17,000 square feet of medical office space in a newly repurposed two-building complex in San Ramon, Calif. The new tenant is IntegraMed America, a specialty healthcare services provider, which signed a lease at the Park Place Medical Building, […]
Companies & People: RJ King Associates Healthcare Real Estate brokers sale of Florida MOB
TAMPA, Fla. – RJ King Associates Healthcare Real Estate reports that it recently arranged the sale of Northside Medical Plaza, a three-story, 54,000 square foot medical office building (MOB) in St. Petersburg, Fla. Phillip Faircloth, senior VP investments, and Robert J. King, CEO, handled the transaction for the Tampa-based healthcare real estate services firm. The […]
Companies & People: Healthcare Real Estate Capital provides services for Yale-New Haven Hospital
NEW YORK – Healthcare Real Estate Capital (HRE Capital) recently completed marketing and transaction services on the completion of a sale-leaseback of various properties for Yale-New Haven Hospital in New Haven, Conn. The transaction involved a 53,000 square foot office and retail building, a 24-unit extended stay hotel and an 845-space parking garage – all […]
Companies & People: Cain Brothers assists large Texas systems in merger effort
TEXAS – In December, two large Texas health systems signed a letter of intent (LOI) to form what would be the state’s largest system, a $7.7 billion organization. New York-based Cain Brothers & Co. LLC was hired by the Texas systems, Dallas-based Baylor Health Care System and Temple-based Scott & White, to assist with the […]
Companies & People: JLL to advise large W. Va. system
Firm collaborating with four-hospital, 4 million s.f. Charleston Area Medical Center By John B. Mugford Charleston Area Medical Center (CAMC) in Charleston, W.Va., is comprised of four hospitals with about 840 beds and nearly 4 million square feet of owned and leased space. In a move that is considered a growing trend, the health system […]
Post-Acute & Senior Living: More News
■ LCB Senior Living LLC reportedly paid a record price when it recently acquired the 50-unit, 83-bed Arbors of Bedford assisted living community in Bedford, N.H., from Merrimack Health Group, according to The Senior Care Investor newsletter. The $35 million purchase price works out to $700,000 per unit and $422,000 per bed. Cushman and Wakefield’s […]
Post-Acute & Senior Living: Denver seeing flurry of senior living
Changing preferences and population growth are presenting fresh opportunities By Murray W. Wolf The aging of the population and a stronger economy are spurring a flurry of senior living development in the Denver area. The largest project to be announced is Balfour at Riverfront Park in Denver. The proposed $74 million, 205-unit continuing care retirement […]
Inpatient Projects: Large Dallas hospital to get even larger with $114M project
DALLAS – Medical City Dallas Hospital and Medical City Children’s Hospital, which are on the same campus and are both part of HCA North Texas, is in the midst of planning for a $114 expansion. The project would entail adding four new floors on top of the hospital’s E Tower and renovating existing space in […]
