News Release: Hammes celebrates completion of UR Medicine Orthopaedics and Physical Performance Center
FOR IMMEDIATE RELEASE: Milwaukee, WI, January 23, 2024 – Hammes, a nationally recognized leader in healthcare development, celebrated the completion of the UR Medicine Orthopaedics and Physical Performance Center in Henrietta, New York. Hammes served as project manager for the new 330,000-square-foot orthopaedic center, a redevelopment of the former Sears wing at The Marketplace Mall. […]
News Release: SRS Real Estate Partners Announces $7.44 Million Sale of Total Point Urgent Care Property in Dallas-Fort Worth Region
Dallas, TX (January 23, 2024) – SRS Real Estate Partners announced today it has completed the $7.44 million sale of an 8,042-square-foot medical office property situated on just over a one-acre parcel at 7748 Denton Highway in Watauga, TX, a suburb of Dallas-Fort Worth. SRS Capital Markets Managing Directors & Market Leaders Britt Raymond and […]
News Release: TPG Announces Investment in Compass Surgical Partners to Fuel Growth in Ambulatory Surgery Center Joint Ventures
SAN FRANCISCO & RALEIGH, N.C–(BUSINESS WIRE)–TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced a significant strategic investment in Compass Surgical Partners (“Compass” or the “Company”), an independent full-service ambulatory surgery center (ASC) development and management partner. TPG Growth, the firm’s middle market and growth equity platform, is funding the investment, participating […]
News Release: On-campus medical property sells for $13.5M
JLL Capital Markets facilitates the sale and the $10.1M acquisition financing of Thunderbird Medical Pavilion PHOENIX, Jan. 17, 2024 – JLL Capital Markets announced today that it arranged the $13.5 million sale and the $10.1 million acquisition financing for a mission-critical, on-campus medical property, Thunderbird Medical Pavilion, totalling 92,811 square feet. The property is located at […]
News Release: Rethink Healthcare Real Estate secures $37.0 Million to refinance Grandview Physicians Plaza I
Rethink selects First Citizens Bank to refinance the property located on the campus of Grandview Medical Center BIRMINGHAM, AL., and WHITE PLAINS, NY., January 17, 2024 – Rethink Healthcare Real Estate, the White Plains and New York City based investment management firm, secured a $37.0 million loan from First Citizens Bank to refinance Grandview Physicians […]
News Release: Northwestern Medicine Opens Oak Brook Outpatient Center
Immediate, primary and specialty care available OAK BROOK, Ill., Jan. 10, 2024 — Northwestern Medicine is opening a new 80,000 square-foot medical office building in Oak Brook, Illinois this January. The Northwestern Medicine Oak Brook Outpatient Center, located at 1001 Commerce Drive, houses immediate, primary and specialty care, as well as offers diagnostic imaging, physical […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Close Three-Property Portfolio in Tucson, Arizona
NEW YORK, New York (January 9, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of three medical office properties totaling 57,600 square feet located in Tucson, Arizona. The properties were all acquired through a sale-leaseback transaction with Banner Health, the largest healthcare provider and private employer in the State of Arizona. […]
Feature Story: Finding development opportunities in a tough market
GlobeSt panelists say they are staying busy despite a challenging environment By John B. Mugford The current healthcare real estate (HRE) development market is a bit of an enigma. The number of medical office building (MOB) projects under construction remained somewhat steady from 2022 and into 2023. Yet the total square footage started nationwide during […]
News Release: UT Health San Antonio To Anchor Future Medical Office Building At The Rock At La Cantera
Leasing for the Medical Office Building is Open to Applicants Now SAN ANTONIO (Jan. 9, 2024) – The Rock at La Cantera today announced it will lease space to UT Health San Antonio in a medical office building to be built on the Spurs performance campus. The building is being developed by Lincoln Property Company and […]
News Release: Anchor Health Properties Marks Opening of 8,000 Square Foot Ambulatory Surgery Center in Palm Beach Gardens, Florida
FOR IMMEDIATE RELEASE January 9, 2024 (Palm Beach Gardens, FL) Focused on maximizing strategic value in the company’s owned and managed portfolio while enhancing access to patient-centric care, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently completed an 8,017 square foot ambulatory […]
News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley
Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 – ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]
News Release: Jackson Health Village trades for $24M
JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 – JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]
News Release: Big Sky Medical Acquires First Asset in Phoenix
DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) — Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center. This three-building medical and office campus spans over 252,000 rsf and is located in the affluent Deer Valley submarket proximate to the Honor Health Deer Valley Medical Center. Blackhawk […]
News Release: Larken Associates Welcomes Pediatric Therapy Center to Princess Road Office Park in Lawrenceville, N.J.
49,094-square-foot property is now 100% leased Lawrenceville, N.J. (January 3, 2024) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a lease with Sovereign Care Services for a 5,384-square-foot medical office space, bringing Princess Road Office Park located at 4 Princess Road in Lawrenceville, N.J. to full […]
