Inpatient Projects: SSM’s hospital projects back on track
AS BOTTOM LINE IMPROVES, ST. LOUIS SYSTEM RESTARTING DEVELOPMENTS By John Mugford As the economy improves, there is speculation that quite a few hospitals and health systems will restart construction projects put on hold during the throes of the recession. An early example is St. Louis-based SSM Health Care, which saw its bottom line improve […]
Outpatient Projects: $150M project planned near Boston
EIGHT-STORY MOB, OFFICE BUILDING IN BROOKLINE IS UP FOR STATE REVIEW By John Mugford Now it’s up to the state of Massachusetts to determine whether Children’s Hospital Boston will be allowed to proceed with plans for an eight-story, $150 million medical and general office building in the Brookline Village area of Brookline, Mass., near Boston. […]
Transactions: Kaiser pays $42.8M for office building
PLANNED MOB CONVERSION IS MANAGED CARE FIRM’S LATEST DEAL IN D.C. AREA By John Mugford Oakland, Calif.-based Kaiser Permanente recently acquired a 200,000 square foot office building in Gaithersburg, Md., for $42.8 million. Kaiser plans to convert it into a medical office facility. Kaiser’s plans call for offering primary care, specialty care, full-service imaging, pharmacy […]
Capital Market Snapshot: Market’s calm, optimism replace panic
INTEREST RATES SHOULD BE HIGHER BY END OF 2010; MED REAL ESTATE STABLE By Cain Brothers What a difference a year makes! During the enthusiasm of President Obama’s inauguration, who would have predicted that a year later Massachusetts would elect a Republican to the U.S. Senate seat held for nearly half a century by Edward […]
Product Focus: Merger of med & retail
PROFESSIONALS SAY TREND FINALLY TAKING SHAPE By Dan Emerson The passage of healthcare reform legislation notwithstanding, no one can predict exactly what the country’s healthcare delivery system will look like five, 10 or 20 years from now. But one possibility for the future of such a delivery system can be glimpsed in Nashville, Tenn., where […]
News & Analysis: First buy for G&E REIT II
TRUST OFF AND RUNNING WITH DEAL IN MINNESOTA By John Mugford Here comes Grubb & Ellis Healthcare REIT II. The newly formed, privately held real estate investment trust (REIT) recently entered an agreement to make its first medical office building (MOB) acquisition: a 36,600 square foot, two-building facility in Sartell, Minn. The Santa Ana, Calif.-based […]
Industry Pulse: January 2010
MAPLE GROVE, Minn. – Here in Minnesota, where Healthcare Real Estate Insights™ is headquartered, there hasn’t been a new hospital built with new beds since a moratorium was enacted by the state legislature back in 1984. Well, Minnesota’s first new hospital with new beds opened in recent weeks. The $138.9 million, 225,000 square foot Maple […]
