News Release: JLL Income Property Trust Acquires Medical Office Buildings in San Diego
Chicago (July 3, 2019) – JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the acquisition of Genesee Plaza, a Class A, two-building medical office campus in San Diego, California. The property was acquired below its estimated replacement cost for approximately $90 million. The medical office sector […]
News Release: Coordinated Health Professional Practice Opens Hazleton Medical Office Building
Offering Comprehensive Orthopedic Services, Women’s Health, Primary Care and Walk-in Injury Care July 02, 2019 12:45 PM Eastern Daylight Time ALLENTOWN, Pa.–(BUSINESS WIRE)–Coordinated Health Professional Practice announced the opening of a new state-of-the-art medical office building at 26 Station Circle in Hazle Township. Conveniently located in Humboldt Industrial Park, the new facility features expanded orthopedic services as […]
Feature Story: Urgent care opportunities abound
R.E. strategies for such facilities is no longer an ‘affluent suburban’ or ‘Sunbelt’ play By John B. Mugford Although some suburban markets nationwide have reached a saturation point when it comes to the number of urgent care centers (UCCs), changes in healthcare and payment systems are creating more and more opportunities in new areas throughout […]
Feature Story: Kaiser Permanente’s retail strategy
America’s largest MOB owner explains what it looks for in a retail location By John B. Mugford Plenty of health systems and physician practices these days are setting up shop in retrofitted spaces in retail centers, including large shopping malls. But how does this get done, what malls make the best locations for such spaces, […]
News Release: Bristol Health and Rendina Celebrate Grand Opening of Downtown Medical Care Center
FOR IMMEDIATE RELEASE BRISTOL, Conn., June 19, 2019 – City officials, staff from Bristol Health and representatives from Rendina Healthcare Real Estate gathered to celebrate the grand opening of Bristol Health’s new Medical Care Center (MCC), a 62,000-square-foot healthcare facility that will expand critical health services for the Bristol community. As a pioneer project in […]
News Release: Mooresville Ambulatory Surgery Center and Medical Office Building
Mooresville Ambulatory Surgery Center and Medical Office Building Mooresville, NC Estimated Completion: TBD ABOUT THE PROJECT Edifice is teaming with Davis Stokes Collaborative, Community Health System and Nest Homes to design and build a new three-story, 31,000sf Ambulatory Surgery Center and Medical Office Building. The new building will support a new operating suite with provisions […]
News Releases: CHI St. Vincent Advances the International Field of Neurosurgery with Completion of the New Arkansas Neuroscience Institute Research and Education Center
June 14, 2019 LITTLE ROCK, Ark.–(BUSINESS WIRE)– CHI St. Vincent announces the grand opening of the new Arkansas Neuroscience Institute (ANI) Research and Education Center. The new facility will work to improve treatment outcomes for patients, map the human brain and provide training for neurosurgeons to develop the skills necessary to tackle the most complex cases. The center is […]
News Release: Franciscan Health Mooresville (Ind.) Plans Major Improvements, Expansion
MOORESVILLE, Indiana – Franciscan Health Mooresville – Morgan County’s only full-service hospital – is moving forward with significant infrastructure improvements that will pave the way for future building plans, including a new medical office building. “Our Mooresville hospital continues to address the growing health care needs of Morgan, Hendricks and southwestern Marion counties,” said James Callaghan, MD, […]
News Release: Transwestern tapped to lease one of the last undeveloped land parcels in Texas Medical Center
Transwestern to Assist in Developing Masterplan for 1990 Old Spanish Trail (JUNE 13, 2019 – HOUSTON) – Transwestern Commercial Services (TCS) today announces it has been retained to provide advisory services for Americus OST LCC for a prospective new mixed-use medical development at 1990 Old Spanish Trail in Houston. Americus OST purchased the property from […]
News Release: NexCore Group celebrates grand opening of innovative CHI Health Clinic Valley View
The 37,800 square foot medical office building (MOB) is the first clinic to open based on the prototype supporting CHI’s initiative to replace aging, undersized facilities in areas experiencing rapid growth Top: CHI Health Clinic Valley View at 1288 Valley View Drive in Council Bluffs, Iowa, now open for business, quadruples the capacity of the […]
News Release: First new medical office bldg in 25 years on Providence Cedars-Sinai Tarzana Medical Center campus heads towards completion
FOR IMMEDIATE RELEASE Tarzana Medical Atrium Celebrates Topping-Off with Beam Signing Ceremony Final beam of the steel structure is in place as the project across from Providence Cedars-Sinai Tarzana Medical Center heads towards completion TARZANA, Calif. (June 4, 2019) – The new Tarzana Medical Atrium (TMA), on the campus of Providence Cedars-Sinai Tarzana Medical Center, […]
News Release: Fidelis begins construction of 100,000 square foot facility for SCL/Saint Joseph in Denver
FOR IMMEDIATE RELEASE Dallas-based developer to break ground June 5 for Saint Joseph Medical Office Pavilion on the hospital’s Uptown campus, offering residents new health, retail and restaurant options DENVER and DALLAS, June 3, 2019 – Residents of the Denver area will soon have access to more healthcare services, as well as new retail and restaurant […]
News Release: The Neenan Company Breaks Ground on Reno Orthopedic Clinic
FOR IMMEDIATE RELEASE May 29, 2019 Colorado-based design build firm expands patient care with 76,000-square-foot addition RENO, Nev — Colorado-based developer and design-build firm The Neenan Company has broken ground on a 76,000-square-foot addition to Reno Orthopedic Clinic in downtown Reno, Nevada. Located at 555 N. Arlington Ave in Reno, the four-story addition will connect to […]
News Release: HFFS advises on $1.25B sale of 55-building national medical office portfolio
NEW YORK, NY – May 22, 2019 – HFF Securities, L.P. (HFFS) and Holliday Fenoglio Fowler, L.P. (HFF) announced today that they have advised CNL Healthcare Properties, Inc. on its $1.25 billion sale to Welltower Inc. of a Class A medical office portfolio totaling 55 buildings across 16 states. HFFS was engaged in 2018 to […]
News Release: PMB led the nation in completed outpatient healthcare real estate projects in 2018
FOR IMMEDIATE RELEASE News Media Contact: Nicole LeMieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based firm ranked first among all third-party developers in the “Projects Completed” category of the newly released Revista Outpatient HRE Development Report SAN DIEGO, May 9, 2019 – The San Diego-based healthcare real estate (HRE) firm PMB completed more outpatient […]
