Outpatient Projects

Medical Office Buildings

News Release: Cornerstone Begins Development on Second Facility for OSF Healthcare

News Release: Cornerstone Begins Development on Second Facility for OSF Healthcare

INDIANAPOLIS — Cornerstone Companies is scheduled to begin work on a new outpatient primary care facility for OSF Healthcare in Godfrey, Illinois. The development will include approximately 8,200 square feet of medical office space. The new facility will be built at 107 Watters Drive, Dwight, Illinois, and construction is expected to take seven months, completing […]

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News Release: The Missner Group Completes New Location For Illinois Bone & Joint Institute In Lake Bluff And Chicago, Illinois

Expansion Also Completed at Bannockburn, Illinois Location (Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has completed renovations in Lake Bluff and Chicago, Illinois, bringing two new locations for the Illinois Bone & Joint Institute (IBJI) to the Chicago area. The construction firm has also completed an expansion of […]

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News releaseE: Faith Regional Expanding Campus with New Medical Office Building

SEPTEMBER 19, 2017 Faith Regional Health Services plans to expand its campus footprint with the addition of a 109,000 square foot medical office building located directly south of Norfolk Avenue.  The land was purchased by Faith Regional Health Services for future development in 1999 and over the last three years has been part of ongoing […]

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News Release: Anchor Health Properties Announces Partnership with The Villages

Anchor Health Properties announces partnership with the Villages to build the Center For Advanced Healthcare at Brownwood (Charlottesville, Va.)- Anchor Health Properties, a national, full-service healthcare real estate development, management and acquisitions company focused solely on medical facilities, is pleased to announce the commencement of the development of the Center for Advanced Healthcare at Brownwood […]

News Release: Aging U.S. population boosting demand for medical office buildings, according to CBRE report

News Release: Aging U.S. population boosting demand for medical office buildings, according to CBRE report

PRESS RELEASE Contact: Corey Mirman 212.984.6542 corey.mirman@cbre.com Los Angeles, CA – August 22, 2017—The aging U.S. population, pressure for healthcare providers to cut costs and new technologies have boosted demand for medical office properties in recent years, according to a new report from CBRE. (Registration and login required.) The U.S. Census Bureau estimates that the 65+ population will […]

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News Release: Cornerstone Selected to Manage Two Class A Medical Facilities in Central Indiana

INDIANAPOLIS — Cornerstone Companies, Inc. has been selected to provide property management services for St. Vincent Medical Center in Fishers, IN and St. Vincent Women’s Center in Carmel, IN. The addition of two Class A medical properties to Cornerstone’s third party managed portfolio adds additional institutional assets to the 4,000,000 rental square feet of medical […]

News Release: Construction Underway on New ±225,000 SF Palomar Health Outpatient Center in Escondido, Calif.

News Release: Construction Underway on New ±225,000 SF Palomar Health Outpatient Center in Escondido, Calif.

For Immediate Release Cushman & Wakefield Serving as Leasing Agency of New Class A Campus SAN DIEGO, Calif. – August 10, 2017 – Construction is underway on Palomar Health Outpatient Center I (OPC I), the 75,000-square-foot (sf) first-phase of a brand new 3-phase 225,000 sf Class A medical office development located on-campus at Palomar Medical Center Escondido.  When completed, Palomar […]

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News Release: 38,600 SF speculative office/medical project under construction in Sugarland, Texas

Transwestern to Lease Project with Highway 59 Frontage Expected in Second Quarter 2018 (AUGUST 7, 2017 – HOUSTON) – Transwestern’s Houston headquarters today announces construction has begun on TierOne Development’s speculative 38,600-square-foot office/medical development at 7619 Branford Place in Sugar Land, Texas. Transwestern’s Healthcare Advisory Services team of Senior Vice President Tim Gregory and Vice […]

Reed Construction is pleased to announce that the firm was selected to complete a 14,000 square foot ambulatory surgery center, a 20-acre site development and a 2,000 square foot addition of the C-section unit for Silver Cross Hospital in New Lenox, Ill. (Photo courtesy of Silver Cross Hospital)

News Release: New surgery center comes to Silver Cross

CHICAGO, July 28, 2017 – Reed Construction is pleased to announce that the firm was selected to complete a 14,000 square foot ambulatory surgery center, a 20-acre site development and a 2,000 square foot addition of the C-section unit for Silver Cross Hospital in New Lenox, Illinois. Silver Cross Hospital was established in 1895 under […]

The 60,000 square foot Ascension Medical Center, the first phase of a potential outpatient campus, recently opened in Howell, Mich., about 50 miles northwest of Detroit. The facility was developed by Minneapolis-based MedCraft and is the first facility to carry the Ascension name in Michigan, where the national health system has numerous hospitals and facilities that will eventually be re-branded as well. (Photo courtesy of MedCraft)

Outpatient Projects: MOB to grow into outpatient campus

In growing Howell, Mich., MedCraft and partner Welltower open facility for Ascension Health By John B. Mugford While the grand opening of a 60,000 square foot medical office building (MOB) in the exurbs of a large metropolitan area is certainly big news locally, such an event is not likely to garner national headlines or attention. […]

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News Release: Pre-leasing for new 123 Vision Park medical building

(July 20, 2017) Tim Maczko and Lisa Hughes of The J. Beard Real Estate Company have announced the leasing of the new Vision Park Medical Building planned for construction at 123 Vision Park Blvd. in Shenandoah, Texas. Developed by Everson Developments, the building is a 51,000-square-foot, three-story Class A medical office building situated on 3.5+/- acres […]

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News Release: Museum District Tower to undergo $10 million renovation

(JULY 13, 2017 – HOUSTON) – Transwestern today announces that Museum Medical Tower is undergoing a $10 million renovation. The 177,476-square-foot medical office tower is on the north side of the Texas Medical Center at 1213 Hermann Drive. HCP Inc., the building owner, engaged Cassetty Architecture out of Hendersonville, Tennessee, to create a design that […]

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News Release: Bristol Hospital Selects Rendina to Develop Downtown Ambulatory Care Center

BRISTOL, Conn., and JUPITER, Fla., July 12, 2017 – The intersection of Main Street and Riverside Avenue in downtown Bristol will be the future home of Bristol Hospital’s 60,000-gross-square-foot Ambulatory Care Center (ACC). After receiving proposals from developers around the country, Jupiter, Fla.-based Rendina Healthcare Real Estate was selected to be the hospital’s partner to […]

News Release: Construction begins on new Riverside Medical Office Building

News Release: Construction begins on new Riverside Medical Office Building

In order to provide the best care possible to our members and the community, Kaiser Permanente is building a brand-new, state-of-the-art medical office building to replace our current Riverside Medical Office Building. When complete, the new 210,000-square-foot building will include nearly double the number of provider offices, a larger pharmacy, a larger laboratory, and expanded […]

Outpatient Projects: Rendina to break ground in fall 2017 on ambulatory care center in Bristol, Conn.

BRISTOL, Conn. – In more news from Jupiter, Fla.-based Rendina Healthcare Real Estate, the company says it plans to break ground this coming fall on a 60,000 square foot ambulatory care center (ACC) in downtown Bristol, a city of about 60,000 residents.