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 […]
Outpatient Projects: VA clinic to be housed in older, rehabbed building in Fort Wayne
FORT WAYNE, Ind. – Birmingham, Ala.-based Johnson Development plans to begin a reconstruction project in Fort Wayne in April, converting an existing on-campus building into an outpatient facility to be leased and operated by the U.S. Department of Veterans Affairs (VA). Renovating the building, which is on the campus of Parkview Hospital’s Randallia campus in […]
Outpatient Projects: Large on-campus MOB opening in phases at Tacoma hospital
TACOMA, Wash. — For the third time, Bloomington, Minn.-based Frauenshuh HealthCare Real Estate Solutions and its Tacoma office have completed an outpatient project for Tacoma, Wash.-based Franciscan Health System. According to local reports, the latest project, the $90 million, 120,000 square foot Franciscan Medical Building at St. Joseph Medical Center, looks more like a corporate […]
Outpatient Projects: $109 million MOB started in Chicago for Advocate system
CHICAGO — As noted in the previous article, it looks as if the competition among healthcare providers is heating up in neighborhoods just north of the Chicago Loop. In February, Turner Construction started working on a $109 million outpatient facility for Advocate Illinois Masonic Medical Center, located less than a mile from Presence Health’s St. […]
Outpatient Projects: Commanding Presence
Merged Illinois health systems seek to make a statement with an ambitious plan for a new ambulatory care center fronting Chicago’s North Lake Shore Drive By John B. Mugford Mergers of big health systems, the hypothesis goes, ought to lead to the development of big new healthcare facilities. It looks like the hypothesis is coming […]
Thought Leaders: Jones Lang LaSalle sees hospital’s move to aggressive ambulatory care unit strategies accelerating
Focused effort leads to broader outreach and improved efficiencies CHICAGO, March 4, 2013— Healthcare reform and ongoing financial and operational pressures are having significant influence on how hospitals and healthcare systems define and execute ambulatory care unit (ACU) strategies. The cumulative effect of these influencers is a further and accelerated modification of the hub and […]
Outpatient Projects: More Outpatient Projects
An affiliation between Suncoast Medical Clinic, which has five locations in and around St. Petersburg, Fla., and St. Anthony’s Hospital has risen to a higher level with the completion of a new outpatient center. That $22 million facility, which recently opened on the campus of St. Anthony’s in St. Petersburg, is the new main campus […]
Outpatient Projects: Major Minneapolis hospital venturing west with outpatient project
MINNETONKA, Minn. – Officials with the Hennepin County Medical Center (HCMC) in downtown Minneapolis have come to realize that patients from the suburbs would rather not venture into the city to receive medical care. In fact, they’ve learned that the dislike is especially acute for people living west of Highway 100, just three miles or […]
Outpatient Projects: HSA PrimeCare breaks ground for surgery center in northern Chicago suburbs
VERNON HILLS, Ill. – HSA PrimeCare broke ground in recent weeks for a 15,000 square foot multi-specialty surgery center at 240 Center Dr. in Vernon Hills, in the northern Chicago suburbs.
Outpatient Projects: Old hotel will make way for $34 million Mercy outpatient facility in Branson, Mo
BRANSON, Mo. – Chesterfield, Mo.-based Mercy is certainly a well-known health system in Branson. However, most of the city’s residents need to drive about 35 miles to the north to receive Mercy’s services at its hospital in Springfield, Mo. Starting in 2015, however, that will no longer be the case. Mercy has acquired an abandoned […]
Outpatient Projects: Rendina Cos. developing MOB in S.C.
By John B. Mugford The one-stop shopping concept for outpatient healthcare facilities is coming to the Bluffton and Hilton Head Island area of South Carolina. In recent weeks, Jupiter, Fla.-based Rendina Cos., a healthcare real estate and development firm, broke ground in Bluffton on a $16 million, 60,000 square foot outpatient facility that will offer […]
Feature Story: 2013 and beyond
Last year’s top 10 stories and trends – and what they can tell us about the future By John B. Mugford In healthcare real estate (HRE), a story and a trend seem to blend together. While a big transaction involving the sale a medical office building (MOB) portfolio at a low capitalization (cap) rate is […]
Cover Story: ‘This is what change looks like’
Like it or not, healthcare real estate changed dramatically in the past 10 years. Here are our picks for the top 10 stories. By Murray W. Wolf As part of our look back at our first 10 years of publishing Healthcare Real Estate Insights™, we knew we wanted to include an article naming the top […]
Companies & People: Big finish to 2012 for Griffin-American
Unlisted healthcare REIT acquired 14 properties in December, including nine MOBs By John B. Mugford Even though there is a supposed lack of healthcare real estate facilities on the market, Griffin-American Healthcare REIT II Inc. has certainly found plenty of properties to meet its needs recently. One of the most prolific buyers of healthcare […]
