Outpatient Projects: Rendina developing Arizona MOB
Three-story, 55,000 square foot facility to be built next to replacement hospital By John B. Mugford As construction continues on a $55 million replacement hospital in Sierra Vista, Ariz., in the far southern part of the state, a 55,000 square foot MOB being developed by a third-party owner is also well underway on the 77-acre […]
Outpatient Projects: HCP plans MOB, mixed-use project
Public REIT to acquire, redevelop assisted living tower site in Fort Worth, Texas By John B. Mugford Irvine, Calif.-based HCP Inc. (NYSE: HCP) isn’t just an owner of healthcare real estate; it’s a developer, too. The publicly traded REIT is in the process of buying and redeveloping the site of an aging assisted living tower […]
Outpatient Projects: NCA Real Estate to develop MOB on site next to hospital in Sierra Vista, Calif.
SIERRA VISTA, Calif. – There’s a perfect storm brewing in California for moving more and more healthcare services into outpatient settings. In addition to a national shift toward providing more care outside of the hospital, health systems in the Golden State have an extra incentive to provide services in lower-cost settings: the state’s Senate Bill […]
Outpatient Projects: New cancer center to add capacity at MOB in Blue Ridge Mountains
HENDERSONVILLE, N.C. — The size of a future medical project being planned by a partnership of local government and private entities has increased significantly recently, as a local hospital has decided to offer cancer services in the building in addition to other services. Known as the Joint Health Sciences Building, the 95,000 square foot building […]
Outpatient Projects: As renovation continues, Seattle MOB lands Swedish as a tenant
SEATTLE, Wash. — So far so good for a joint venture partnership that acquired a biotech facility next to Swedish Medical Center-First Hill hospital in the heart of Seattle. In 2013, the partnership of Dallas-based Trammell Crow Co. and Seattle-based Washington Capital Management (WCM) purchased a facility at 1124 Columbia St., for $42.6 million from […]
Outpatient Projects: More Outpatient Real Estate News
■ In a region with an obesity rate of 37 percent, Thibodaux (La.) Regional Medical Center is putting the finishing touches on a $63 million, 230,000 square foot wellness and health education facility. The building, scheduled to open in early 2015, is being built across the road from the 185-bed regional hospital. The facility is […]
Outpatient Projects: Carter Validus to own Texas MOB
$20 million, 60,000 s.f. MOB under construction on campus of Victory hospital By John B. Mugford In today’s highly regulated, ever-consolidating healthcare sector, Texas looks to be the land of opportunity for privately owned, for-profit providers and companies. One of them is The Woodlands, Texas-based Victory Healthcare, which will soon have eight locations in the […]
Outpatient Projects: NexCore Group is developing and will own medical fitness facility in Ohio
ORANGE TOWNSHIP, Ohio – As part of an effort to focus on population health management, a Columbus, Ohio-based health system plans to open an integrated ambulatory care center in the suburbs that would offer fitness amenities alongside physician offices. Ground was broken in recent weeks on the $36.8 million MC Fitness & Health center in […]
Outpatient Projects: Trammell Crow going big in D.C.
Healthcare facilities could total about 1 million square feet amid mixed uses By John B. Mugford When it comes to high barrier-to-entry markets for new healthcare facilities, Washington, D.C., ranks right up near the top, if not at the top. As is the case with a number of densely packed East Coast cities in which […]
Outpatient Projects: Banner Health plans to repurpose strip mall
Aging retail center in Mesa, Ariz., to become a 101,881 square foot ‘one-stop’ medical destination By John B. Mugford As the economy sputtered in recent years, the practice of repurposing vacant or underutilized commercial buildings into medical facilities became a hot trend. The trend seems to have slowed a bit these days as much of […]
Outpatient Projects: Big owner of MOBs has plans for another near San Jose hospital
SAN JOSE, Calif. – A local company that owns 19 MOBs in an area adjacent to Good Samaritan Hospital in San Jose is having some difficulty putting up number 20. Samaritan Medical Center, a local firm that is not affiliated with the hospital, has submitted a request to the city for a rezoning of a […]
Outpatient Projects: NexCore breaks ground for new MOB
New facility will be on the campus of the Holy Cross Germantown (Md.) Hospital By John B. Mugford Denver-based NexCore Group LLC has broken ground on a 79,491 square foot MOB that it will own on the new Holy Cross Health hospital campus in Germantown, Md., a populous yet unincorporated municipality about 25 miles northeast […]
Outpatient Projects: MOB kicks off Nashville, Tenn., project
Medical, health technology are key components of mixed-use oneCITY plan By John B. Mugford As Dallas-based Cambridge Holdings Inc. moves forward on a large mixed-use project a few miles from downtown Nashville, Tenn., company officials say healthcare and life sciences are key components of the overall $400 million to $500 million project, known as oneCITY. […]
Outpatient Projects: Minneapolis-based provider to add new MOB at clinic site, creating outpatient hub
MAPLE GROVE, Minn. – Looking to capitalize on one of its high-visibility locations in a growing area of the Minneapolis suburbs, Park Nicollet Clinic recently broke ground on a new medical building that will anchor a future regional outpatient hub in Maple Grove. The new $48 million, three-story, 93,091 square foot facility will be connected […]
Outpatient Projects: $73 million redevelopment project in Detroit to include 195,000 square foot MOB
DETROIT – In recent months, the city of Detroit’s Brownfield Redevelopment Authority and a private development firm have indicated that they are moving forward with a demolition and redevelopment project that would result in the building of a new mixed-use and a large outpatient medical facility just outside of downtown.
