Transactions: HTA lands California MOBs for $150 million
REIT also makes separate MOB portfolio acquisitions in Alabama, Connecticut By John B. Mugford One of the bigger deals of the third quarter (Q3) of 2016 closed in recent weeks, as Scottsdale, Ariz.-based Healthcare Trust of America (NYSE: HTA) pounced on the chance to acquire a four-facility, on-campus portfolio in the affluent Orange County, Calif., […]
Transactions: G-A REIT IV continues strong activity
Griffin-American acquires four Alabama MOBs for a total of $47.7 million By John B. Mugford According to the commercial real estate data firm Real Capital Analytics (RCA) Inc., Irvine, Calif.-based Griffin-American Healthcare REIT IV Inc. (G-A REIT IV) looks to have entered two separate agreements with two different sellers to acquire four medical office buildings […]
Outpatient Projects: Trammell Crow looks to hot area
New MOB is planned for National Harbor mixed-use area near Washington, D.C. By John B. Mugford After hearing from a number of physician practices wanting new space in the new National Harbor mixed-use area down the Potomac River from Washington, D.C., Dallas-based Trammell Crow Company is answering the call. The company, which also has a […]
Industry Pulse: Projects combining MOBs, senior housing
Plans for one medical-senior site also include a Chick-fil-A Anyone who follows or participates in the senior housing sector, the medical office building (MOB) sector – or both – has long known that older people are big users of the services offered in MOBs. Yet, for years upon years, the two classifications of healthcare real […]
Companies & People: Colorado ski town gets a new MOB
NexCore Group was persistent in its quest to find a site, complete building By John B. Mugford The city of Avon, Colo., has about 7,000 residents and is in the heart of the Colorado Rockies, about 15 miles from Vail. These days, town officials and the mayor are praising the efforts of a national healthcare […]
News Release: Maimonides Celebrates Topping-Off of New Medical Arts Building
New Facility at Maimonides Brings Multispecialty Practices Under One Roof Brooklyn, NY (September 20, 2016) – Maimonides recently celebrated the “topping-off” of its new Medical Arts Building with a special ceremony to mark the completion of the steel framework. The state-of-the-art facility is located on Ninth Avenue between 48th and 49th Streets, and is expected […]
News Release: Highwoods Properties Awarded Build-to-Suit in Richmond
$29M, 87,000 Square Foot Headquarters/Medical Office Building 100% Pre-Leased to Virginia Urology Raleigh, NC – September 13, 2016 – Highwoods Properties, Inc. (NYSE:HIW) today announced it has signed a long-term build-to-suit lease with Virginia Urology. Highwoods will develop an 87,000 square foot, three-story building that will serve as Virginia Urology’s headquarters and medical facility (MOB) […]
Outpatient Projects: Children’s MOB coming in San Antonio
Seavest will own the facility being developed by Trammell Crow for CHRISTUS By John B. Mugford As hospitals and health systems across the country continue to employ a strategy that calls for bringing more medical services out to where patients live, they have a number of methods for doing so.
Outpatient Projects: University of Pittsburgh Medical Center building a new MOB in outer suburbs
HAMPTON TOWNSHIP, Pa. – The University of Pittsburgh Medical Center (UPMC) is building what it calls a “comprehensive” outpatient facility in Hampton Township, about 30 minutes north of downtown Pittsburgh.
Outpatient Projects: Kaiser’s future 50,000 square foot MOB in Chino, Calif., to use latest in technology
CHINO, Calif. – Construction is more than half complete on Oakland, Calif.-based Kaiser Permanente’s future Chino Grand Medical Office Building in Chino, about 35 miles east of Los Angeles.
Outpatient Project: The Neenan Co. starts construction on clinic in Central Coast town of Oceano, Calif.
OCEANO, Calif. – Fort Collins, Colo.-based The Neenan Co. recently broke ground on its fourth clinic project for Santa Maria, Calif.-based Community Health Centers of the Central Coast.
Outpatient Projects: Landmark Healthare Facilities starts construction on FED in Central Florida city
DELTONA, Fla. – Milwaukee-based Landmark Healthcare Facilities recently broke ground on a future freestanding emergency room (ER) that it will own in Deltona, a city of about 90,000 residents some 30 miles or so north of Orlando, Fla.
Outpatient Projects: Ryan Cos. U.S. breaks ground on cancer treatment center in ASU Research Park
TEMPE, Ariz. – Minneapolis-based Ryan Cos. U.S. has started work on what will be its ninth build-to-suit development in the Arizona State University (ASU) Research Park in Tempe, about 10 miles south of the main ASU campus.
Outpatient Projects: Medistar finishes MOB on El Paso, Texas, campus where it helped plan new hospital
EL PASO, Texas – Construction is now complete on Houston-based Medistar Corp.’s new MOB on the campus of a future teaching and community hospital in the growing western area of El Paso.
News Release: FishHawk HealthPark Open for Business
LITHIA, Fla. – FishHawk HealthPark, a new medical complex featuring physicians and dental offices, has opened at the corner of FishHawk Boulevard and Skytop Drive, in the Village Center in FishHawk Ranch. FishHawk Ranch is owned in a joint venture partnership between NORTH AMERICA SEKISUI HOUSE, LLC (NASH), the U.S. business unit and full subsidiary […]
