News Release: Physicians Move into 250,000 sq. ft. Medical Office Building on June 3, Completing Sutter Health’s New Van Ness Campus in San Francisco
10-story facility integrates outpatient services with nearby hospital care NEWS PROVIDED BY Sutter Health May 08, 2019, 15:31 ET SAN FRANCISCO, May 8, 2019 /PRNewswire/ — Sutter Health today announced the June 3 opening of Sutter Pacific Medical Foundation’s (SPMF) Van Ness and Geary medical office building (or MOB) at 1100 Van Ness Ave. The building, owned by Pacific Medical Buildings, is a 10-story, […]
News Release: St. Cloud (Fla.) Regional Medical Center Continues To Expand With New Medical Office Building
May 8, 2019 St. Cloud (Fla.) Regional Medical Center is finalizing plans to break ground on a new on-campus, ambulatory Medical Office Building in May. The approximately 50,000 square feet, two-story building will be constructed on the corner of U.S. Highway 192 and Budinger Ave. in St. Cloud, Fla. It is expected to take approximately 12 […]
News Release: Amenity-Rich, Mixed-Use Design will Further Connect World’s Largest Medical Complex
May 01, 2019 Houston – Transwestern Development Co. (TDC®) today announces it has been selected to provide development services for the transformational TMC3 Campus by the Texas Medical Center (TMC) and the project’s Founding Institutions: Baylor College of Medicine, Texas A&M Health Science Center, University of Texas Health Science Center at Houston, and University of Texas MD Anderson Cancer Center. […]
News Release: PMB announces plans for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.
FOR IMMEDIATE RELEASE News Media Contact: Nicole Lemieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based healthcare real estate firm plans to start construction this summer for the new $17 million, Class A, two-story facility to be anchored by Carondelet Medical Group TUCSON, Ariz., and SAN DIEGO, May 1, 2019 – PMB, one of the […]
News Release: New Class A Medical Office Building Planned for Delray Beach: Addison Medical Pavilion
Kenneth Weston Healthcare Real Estate and Azure Development today announce the development of Addison Medical Pavilion. “There is a pent-up demand for medical space offering the newest and most advanced technology,” said Kenneth Weston, Chairman & CEO of Kenneth Weston Healthcare Real Estate, who is spearheading the developing and marketing of Addison Medical Pavilion. “Healthcare […]
News Release: Public-Private Partners Develop Four New VA Clinics
US Federal Properties Co. named developer of four new Veterans Affairs health clinics More than 225,000 Veterans and families will be served by the developer’s new VA health clinics, which are designed to deliver high-quality, patient-centered care in an environment that reflects VA’s commitment to Veterans and its evidence-based clinical practice. US Federal Properties Co. […]
News Release: Cook Children’s Expands with New Pediatric Hospital in Prosper
For Immediate Release Primary and urgent care expected to open in Fall 2019 Prosper, TX (April 25, 2019) – Cook Children’s Health Care System, which has a long history of caring for children in North Texas and beyond, is announcing plans to build a new children’s hospital in east Denton County in the Town of Prosper. Cook […]
News Release: Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center facility
April 25, 2019 For Immediate Release Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center Facility part of Carpionato’s bio-medical destination campus at Crossings Office Park WARWICK, RHODE ISLAND –Mayor Joseph J. Solomon and Council President Steven Merolla joined with shareholders of Ortho Rhode Island, Calspan and […]
News Release: NexCore Breaks Ground for CHI Health Clinic Millard in the Southwest Omaha metro
The 38,700 square foot facility will double the size of an existing clinic, providing a positive economic impact as well as convenient, high-quality, one-stop outpatient care Top: NexCore Group has begun development of the new 38,700 square foot CHI Health Clinic in Millard, Neb. Bottom: Ground was broken March 27 for the new clinic, which will […]
Development: MOB development remains on its steady course
Despite some potential headwinds for MOB construction, all signs, including the opinions of HRE professionals and data from research firms such as Revista, indicate strong results now and in the future By John B. Mugford During the boom years for medical office building (MOB) development prior to the Great Recession, financing was easy to get […]
News Release: Echo Development Group, Inc. Acquires 5 Acre Land Parcel in Colorado Springs for MOB Development
FOR IMMEDIATE RELEASE Chicago, IL (April 18, 2019) – Echo Development Group, Inc. announces it has acquired land in Colorado Springs, CO with plans to develop a class-A medical office building. The property is approximately 5 acres and is located at 2460 Research Parkway in the heart of the Briargate area of northeast Colorado Springs. […]
News Release: RD Management announces mixed-use development at Muskegon Shopping Center in Michigan
April 17, 2019 Residential buildings and a Mercy Health facility will be added upon removal of a vacant former Kmart RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, announced today mixed-use development plans for its Muskegon Shopping Center located at 3530 Henry Street in Muskegon, Michigan. The new project […]
Outpatient Projects: Seavest’s risk pays off in San Fran
HRE investor receives go ahead to convert building to medical in a tight market Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new use. Gaining the […]
News Release: Meridian Repositions and Recapitalizes Historic Medical Office Building in Phoenix
PHOENIX – Meridian, a full-service commercial real estate developer and owner of medical real estate, is pleased to announce that it has completed the renovation and repositioning of Grunow Memorial Medical Center, a landmark 53,000-square-foot, two-story, medical office building located at 926 East McDowell Road in Phoenix, Arizona. Once the repositioning was completed, Meridian formed […]
News Release: IMC Construction’s Penn Medicine Radnor Tops Out
Officials from Penn Medicine and IMC Construction topped out the new outpatient facility under construction in Radnor. Malvern, PA (April 2019) — IMC Construction, a nationally-recognized, full-service construction company, held topping out ceremonies on April 8th on a multispecialty outpatient facility for the University of Pennsylvania Health System. The event on the Radnor site was […]
