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News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Japanese Medical Device Manufacturer Nipro Will Establish Presence in North Carolina with $397.8 Million Investment in Pitt County
Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will invest $397.8 million to build its first North American manufacturing center of excellence in Greenville, North Carolina, creating 232 jobs in Pitt County. Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will […]
News Release: Woodside Health Announces Acquisition of 851 @ Rampart – Las Vegas MSA
CLEVELAND, OH (July 16, 2024) – Woodside Health is excited to announce its acquisition of 851 @ Rampart in Summerlin, Nevada. The 2-story medical office building has approximately 51,000 rentable square feet and is located at 851 S. Rampart Blvd. “We are bullish on the Las Vegas MSA and this transaction represents our third healthcare […]
News Release: Alliance Formed to Acquire Elanco Campus
JULY 15, 2024, GREENFIELD, IN. – Hancock County based, Pride Investment Partners, NineStar Connect, and Hancock Health are thrilled to announce a strategic alliance called HealthStar Partners. Under this newly formed partnership, the group has acquired the South 20.4 acres of the Elanco campus, including the five primary Elanco buildings located at I-70 and […]
News Release: INCOG BioPharma Accelerates Expansion Plans
The Fishers, Indiana-based CDMO announces new investment for growth into second building, enhanced manufacturing capabilities FISHERS, Ind., July 15, 2024 /PRNewswire/ — INCOG BioPharma Services, a contract development and manufacturing organization (CDMO) specializing in sterile injectable biopharmaceuticals, is excited to announce a new investment to expand its manufacturing capabilities. The expansion includes the construction of a […]
News Release: Growing to meet community needs, IU Health announces construction of new hospital in Fort Wayne
FORT WAYNE, INDIANA – Indiana University Health has announced the next phase of its investment in the Fort Wayne community with the construction of a new hospital six years after opening its IU Health Primary Care Fort Wayne – South location. This represents a significant milestone for the state’s largest healthcare provider. The $421 million […]
News Release: Summit Health Signs Long-Term Lease Renewal and Expansion at 644 West Putnam Avenue in Greenwich, CT
Greenwich, CT – July 11, 2024 – Simone Development Companies and Fareri Associates announced that Summit Health has signed a long-term lease renewal and expansion totaling 19,853 square feet of medical office and urgent care space at 644 West Putnam Avenue in Greenwich, CT. Summit Health will renew its existing 14,243-square-foot space on the ground […]
News Release: Newmark Arranges Sale of Medical Office Project in Scottsdale, Arizona for $11 Million
PHOENIX, July 11, 2024 — Newmark announces it has arranged the sale of 90 Mountain View I, a three-story 91,082 square-foot, Class A office and medical office project located at 9977 North 90th Street in Scottsdale, Arizona, a submarket of Phoenix. The asset sold for $11,000,000. Newmark Executive Managing Directors Barry Gabel, Chris Marchildon and […]
News Release: Marcus & Millichap Brokers $75 Million Medical Office Partnership Buy Out
DELRAY BEACH, Fla., July 10, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today it has brokered the ~75-million-dollar partnership interest sale of a six-property medical office portfolio for Rayus Radiology. “The amount of interest from qualified buyers from […]
News Release: JLL completes sale of 37,000 SF San Diego medical office building
JLL Capital Markets led the sales efforts for 450 4th Ave, which is on the campus of the Scripps Mercy Hospital Chula Vista SAN DIEGO, July 9, 2024– JLL Capital Markets announced today that it has completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista, California. JLL’s Medical Properties Group represented the […]
News Release: JLL’s Value and Risk Advisory platform expands alternatives group
Will Childs and Brian Spillers join the team focused on seniors housing and healthcare sectors CHICAGO, July 10, 2024 – JLL’s Value and Risk Advisory platform announced today that it has hired Senior Director Will Childs and Director Brian Spillers to focus on seniors housing and healthcare properties within its alternatives group, led by Executive […]
News Release: Lisa Bevacqua Appointed as Senior Managing Director For CBRE’s Investor Portfolio Management Group
Dallas – July 10, 2024 – CBRE today announced that Lisa Bevacqua will join the company as Senior Managing Director, Investor Portfolio Management (IPM), leading Brookfield Properties operated by CBRE. Earlier this year, CBRE announced a strategic partnership with Brookfield Properties to deliver comprehensive property management services for Brookfield Properties’ more than 65 million square foot […]
RETHINK: Announcing our Sustainability Report for 2023
We are excited to share our Sustainability Report for 2023 with the Rethink Healthcare Real Estate community! Over the past year, we’ve made significant strides in enhancing our sustainability and community practices across our properties. Through stakeholder engagement and advanced data monitoring, we’ve implemented ESG strategies tailored to meet the needs of our properties and […]
News Release: Detroit senior living portfolio acquired by MedCore and American House partnership
JLL Capital Markets led the sales efforts for the two assisted living/memory care facilities in Troy and Rochester Hills, Michigan BOSTON, July 10, 2024 – JLL Capital Markets announced today that it has arranged the sale of Anthology of Troy and Anthology of Rochester Hills, two seniors housing communities totalling 184 units in the Detroit metropolitan […]
