OUTPATIENT PROJECTS: D.C. Zoning Commission gives another approval to delayed $720 mixed-use project
WASHINGTON – The D.C. Zoning Commission recently approved, for a second time, the $720 million, 25-acre project by Vision McMillan Partners (VMP) to redevelop the former McMillan Sand Filtration Plant.
OUTPATIENT PROJECTS: Kettering Health acquires parcel in Hamilton, Ohio, for future outpatient project
HAMILTON, Ohio – Kettering Ohio-based Kettering Health Network, which has eight hospitals and more than 120 outpatient locations in southwest Ohio, recently acquired a parcel at 1391 W. Main St., in Hamilton, a suburb of Cincinnati, for a future outpatient facility.
OUTPATIENT PROJECTS: SmithGroup JJR designs fifth clinic in Phoenix area for Mountain Park Health
TEMPE, Ariz. – Phoenix-based Mountain Park Health, a practice with eight locations in the metropolitan area, recently moved into its newest building, a $14 million, 32,000 square foot clinic in Tempe.
OUTPATIENT PROJECTS: Rural system in Maine starts $13.7 million MOB on its campus in Damariscotta
DAMARISCOTTA, Maine – LincolnHealth, which is part of Portland, Maine-based MaineHealth, is building a $13.7 million, 39,800 square foot outpatient facility on its main hospital campus, the LincolnHealth-Miles Campus in Damariscotta.
Industry Pulse: New firm brings Bremner name back to HRE sector
Jim Bremner joins two other former Duke Realty executives launch new HRE development firm One of the most familiar names in healthcare real estate (HRE) is back in the game. Jim Bremner has reunited with two former Duke Realty (NYSE: DRE) colleagues, Bill Mooney and Ron Penix, to form Bremner Real Estate. The new Indianapolis-based HRE development firm opened for business in early July. In […]
OUTPATIENT PROJECTS: Erlanger breaks ground for MOB
Four-story, 80,000 square foot facility will house a range of outpatient services By Murray W. Wolf Erlanger Health System and Johnson development broke ground Sept. 19 for a new $18 million, four-story, 80,000 square foot cancer center and medical office building (MOB) on 4.88 acres at 1635 Gunbarrel Road in Chattanooga, Tenn., on the campus of Erlanger East Hospital. The new outpatient […]
HOT PROPERTY: MOBs offered in suburban Philly
Four-building, 74,212 square foot complex is near hospitals in East Norriton, Pa. – John B. Mugford Name: Norriton Medical Center No. of buildings: 4 Address: 160-190 W. Germantown Pike City: East Norriton, Pa. Square feet: 74,212 Land area: 7.31 acres Year completed: 1991 Occupancy: 91.5 percent Parking: 310 spaces Seller: Franklin Realty Development Brokerage: HFF […]
TRANSACTIONS: HREI introduces new feature: Revista rankings charts
Healthcare Real Estate Insights™ is pleased to introduce a new feature: a series of informational charts from the healthcare real estate (HRE) data firm Revista. Each month, we will bring you a new chart that takes a closer look at a different aspect of the HRE sector.
INDUSTRY PULSE: HTA’S BIG Q2 BOOSTS ITS PORTFOLIO BY 34 PERCENT
Acquisitions from Duke Realty and others have made it the nation’s largest MOB owner To say that the second quarter (Q2) was a big one for Scottsdale-based Healthcare Trust of America Inc. (NYSE: HTA) would be quite an understatement, as the company’s investments increased the size of its portfolio by about 34 percent and propelled it to […]
Finalists: Best New Mob – Merit Health Madison MOB, Canton, Miss
Developer: Capital Growth Medvest In April 2017, Merit Health Madison cut the ribbon on a new $10 million medical office building in Canton – Capital Growth Medvest’s first project in Mississippi.