News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area
NASHVILLE, Tenn., Apr. 25, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio […]
News Release: NexCore Group Named 2023 Top Outpatient Healthcare Real Estate Developer
NexCore Group was named the 2023 Top Healthcare Real Estate Developer for starting or completing over 723,000 SF of developer-owned healthcare real estate in 2022. DENVER, April 25, 2023 (Newswire.com) – NexCore Group has been named a 2023 Top Outpatient Healthcare Real Estate Developer by Revista’s Outpatient Healthcare Real Estate Development survey. From January to […]
Feature Story: Surprising strength
Development surpassed pre-pandemic levels in 2022 By Murray W. Wolf The year 2022 was a challenging one for healthcare real estate (HRE) developers. Steadily rising construction costs and inflation made construction more expensive. Rising interest rates also made debt more expensive – or unavailable altogether as some lenders “put down their pencils” for a time. […]
News Release: McCarthy Building Companies Breaks Ground for Extensive Expansion and Renovation for Saint Luke’s East Ambulatory Surgery Center (Lee’s Summit, Mo.)
Highlight is the 62,000-square-foot vertical addition above existing facility April 18, 2023, Lee’s Summit, Mo. – McCarthy Building Companies in Kansas City recently broke ground on the 113,913-square-foot expansion and renovation of Saint Luke’s East Ambulatory Surgery Center in Lee’s Summit, Missouri. The ambulatory surgery center was founded in 2006 to meet the growing needs […]
News Release: Cross Region Group Breaks Ground On Duval Station
Medical and retail center coming soon to North Jacksonville JACKSONVILLE, Fla. (April 12, 2023) – Cross Regions Group, a multifaceted company specializing in commercial real estate services, proudly announces construction is underway at Duval Station, a mixed-use development offering more than 100,000 square feet of professional and medical offices and retail space on 9 acres […]
News Release: NexCore Group Breaks Ground on New Medical Office Building and Ambulatory Surgery Center in Westfield, IN
NexCore Group brings convenient, comprehensive medical services to the Westfield community with the development of the Westfield Medical Office Building and Westfield Ambulatory Surgery Center DENVER, April 7, 2023 (Newswire.com) – NexCore Group, a national healthcare, life sciences, and seniors housing real estate developer, broke ground on the new, state-of-the-art Westfield Medical Office Building and […]
News Release: Atkins Companies and Denholtz Properties Acquire 490,000-Square-Foot Healthcare Facility in Chappaqua, N.Y.
Chappaqua. N.Y. (April 7, 2023) – Atkins Companies and Denholtz Properties announce the acquisition of the Medical Offices at Chappaqua Crossing, a 490,000-square-foot, 59-acre healthcare facility located at 480 Bedford Road in Chappaqua, N.Y. The investment will leverage Atkins Companies’ decades of experience creating and managing modern healthcare facilities geared to the needs of today’s […]
News Release: Newmark Arranges Sale of Vacant Office Tower in Westside Los Angeles’ Century City Market
LOS ANGELES, April 5, 2023 —Newmark[1]announces it has arranged the sale of 9911 West Pico Boulevard, a vacant 15-story office building located in Century City, California. Also known as “beverlywest,” the building totals approximately 258,544 square feet. The asset sold for an undisclosed amount. Newmark Co-Head of Capital MarketsKevin Shannon, Executive Managing Directors Ken White […]
News Release: Capital Real Estate Group sells Hope Orthopedic Portfolio
Capital Real Estate Group CREG | U.S. Healthcare Investment Sales team is pleased to announce the sale of a four-building medical office portfolio located in Salem, Oregon and totaling 54,606 SF. The properties are 100% leased to Hope Orthopedics, one of the leading orthopedic practice’s in Oregon, comprised of fifteen (15) physicians and thirteen (13) […]
News Release: NexCore Group breaks ground on Intermountain Health Aurora Crossroads Campus Medical Office Building
The 85,000 square foot facility will serve as the primary hub for Intermountain Health as they expand in one of Denver’s fastest growing markets. DENVER (PRWEB) APRIL 04, 2023 — Denver-based NexCore Group, a nationally recognized healthcare real estate investment and development company, broke ground on a new medical office building for Intermountain Health (formerly […]
News Release: Meridian Purchases 18 Acres in Santa Fe, NM
FOR IMMEDIATE RELEASE: Construction Commences on 95,000 SF Medical Office Building WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator, and developer of healthcare and life science real estate, is pleased to announce that the firm has closed escrow on the purchase of an 18-acre parcel of vacant land in Santa Fe, New […]
News Release: Orlando Neurosurgery Opens Two New Central Florida Locations
ORLANDO and WINTER GRADEN, Fla., April 3 — Orlando Neurosurgery, the oldest and largest neurosurgical practice in Central Florida, moves its flagship office to AdventHealth’s Innovation Tower in downtown Orlando, followed by the debut of the Orlando Neurosurgery Spine and Brain Center in fast-growing Winter Garden, Florida. In December, Orlando Neurosurgery moved their flagship office […]
News Release: Cypress West Partners Breaks Ground on 22,000-Square-Foot Medical Office Building in Queen Creek, AZ, Third-Fastest Growing City in the U.S.
For Immediate Release: Queen Creek, AZ (April 3, 2023) – Cypress West Partners announced the start of construction for its latest Class A medical office development in Queen Creek, AZ, ranked as the third-fastest growing city in the U.S. according to the Census Bureau. Located at the intersection of Signal Butte Road and Ocottillo Road, […]
News Release: Wellstar Health System and Augusta University Health System reach agreement for statewide health care partnership
NEWS PROVIDED BY Wellstar Health System Mar 31, 2023, 10:30 ET The new partnership will make a transformational impact on improving the health and well-being of Georgians through education, research and innovative patient care. MARIETTA, Ga. and AUGUSTA, Ga., March 31, 2023 /PRNewswire/ — Wellstar Health System and Augusta University Health System (AUHS) have reached an […]
News Release: Gyrodyne announces Cortlandt Manor approval of medical oriented zoning district
NEWS PROVIDED BY Gyrodyne, LLC Mar 29, 2023, 15:21 ET Company Receives MOD Designation for Mixed-Use 154,000 Square foot Property, Paving the Way for Increased Value Creation ST. JAMES, N.Y., March 29, 2023 /PRNewswire/ — Gyrodyne, LLC (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, announced that, on March […]
