Companies & People: JLL Healthcare Solutions to provide facilities management for LifeCare Health Partners
DALLAS – The South Central Region Healthcare Solutions team with Jones Lang LaSalle (NYSE: JLL) has been hired by Plano, Texas-based LifeCare Health Partners to provide an integrated facilities management program across the provider’s 19 freestanding and “hospital-in-hospital” facilities in nine states.
Companies & People: Landmark Healthcare Facilities opens $21.5 million MOB on heart and lung campus in N.J.
PEMBERTON TOWNSHIP, N.J. – After analyzing the local market to determine what healthcare services were needed, Milwaukee-based Landmark Healthcare Facilities LLC recently opened a new multi-tenant, 60,000 square foot MOB in the Browns Mills section of Pemberton Township, 40 miles east of Philadelphia.
Companies & People: Scripps Health gains approval for MOB in Oceanside, Calif., in the backyard of a rival hospital
OCEANSIDE, Calif. – Oceanside’s Planning Commission has approved a three-story, 85,000 square foot MOB to be occupied by San Diego Scripps Health.
Companies & People: Phoenix team with Marcus & Millichap brokers six MOB sales in first four months of 2018
PHOENIX – A Phoenix-area team with Calabasas, Calif.-based Marcus & Millichap (NYSE: MMI) found plenty of success selling net-leased MOBs in the first four months of 2018.
Companies & People: Colliers completes HSRE investment
CRE firm closes on acquisition of 75 percent niche investor Harrison Street By Murray W. Wolf Just in case you missed it because the news broke on the day after the Fourth of July, global commercial real estate (CRE) services firm Colliers International Group Inc. (Nasdaq and TSX: CIGI) completed its previously announced strategic investment […]
Companies & People: As it expands into new area, Crown Tenants Advisors hires a new managing director
ATLANTA – In announcing an expansion into Alabama and the Florida Panhandle, Atlanta-based Crown Tenant Advisors, a boutique firm focused on providing HRE services, has hired a new managing director.
Companies & People: Five questions for Tag Birge
As Cornerstone reaches a milestone, he discusses its unique business model By John B. Mugford In the medical office building (MOB) sector, the yearly dollar volume of facility sales has grown quite dramatically during the past two decades, hitting an all-time high of more than $12 billion in 2017, according to real estate research firm […]
Companies & People: Cushman & Wakefield hires Shane Funston as part of its Healthcare Advisory Group
PHILADELPHIA – Chicago-based Cushman & Wakefield Inc. recently named Shane Funston as a senior director of its Commercial Brokerage and Healthcare Advisory groups.
Companies & People: McCarthy completes work on $73M project including new inpatient space in Crystal City, Mo.
CRYSTAL CITY, Mo. – St. Louis-based McCarthy in recent weeks completed construction of a new three-story, 120,000 square foot patient building on the campus of Mercy Hospital Jefferson in Crystal City, 30 miles south of St. Louis.
Companies & People: Sarasota (Fla.) Memorial receives one of two CONs for new hospital near Venice, Fla.
VENICE, Fla. – Sarasota, Fla.-based Sarasota Memorial Hospital (SMH) finally received the Certificate of Need (CON) it thought it had received in 2016, allowing the system to move forward with a 90-bed, $225 million hospital about 20 miles to the south in Venice.
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July 2018
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Transactions: Biggest single-asset MOB deal?
Unit of German bank pays $332.5M for Manhattan MOB leased by NYU Langone By John B. Mugford In what looks to be the largest investment ever made for a single medical office building (MOB) – at least to date – the real estate arm of a German bank closed in late May on the acquisition […]
Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community
Denver-based Confluent Senior Living and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have started construction on the three-story, 123-unit Harbor Chase of German town assisted
News Release: HGA Acquires SEG – Sustainability Engineering Group
Acquisition Heightens HGA’s Growing West Coast Sustainability Practice Los Angeles – July 10, 2018 – HGA has acquired Sustainable Engineering Group (SEG), a leading engineering firm based in Madison, Wisconsin, that focuses on energy optimization and sustainable design. The acquisition reinforces and broadens HGA’s existing expertise in energy and infrastructure planning and design for leading […]