Transactions: Global Medical REIT making inroads
Founded in 2014, HRE buyer is focused on American and international markets By John B. Mugford A relative newcomer to the healthcare real estate (HRE) space – a publicly traded real estate investment trust (REIT) that says it looks to acquire “healthcare providers’ core real estate assets worldwide” – recently made another purchase in the […]
Transactions: Harrison Street acquires Chicago MOB for $31.4M from MedProperties Group
CHICAGO – Harrison Street Real Estate Capital LLC has been quite busy lately, as it recently completed the $1.9 billion acquisition of Campus Crest Communities Inc. (NYSE: CCG).
Transactions: HFF brokers sale of MOB near New Orleans; closes others as well
GRETNA, La. – The Feil Organization, an investment, development and management firm based in New York City, recently acquired the Meadowcrest Professional Building on the campus of the 180-bed Ochsner Medical Center – West Bank Campus in Gretna, La.
Outpatient Projects: Former Lockheed Martin office building to be converted to medical use in Cherry Hill, N.J.
CHERRY HILL, N.J – Camden, N.J.-based Cooper University Health Care recently announced plans to repurpose a former office building into an outpatient medical facility in Cherry Hill, a suburb of Philadelphia.
Outpatient Projects: New York developer plans to add medical space as part of redevelopment in Queens
QUEENS, N.Y. – New York-based RJ Capital Holdings has plans for medical office space to be a component of a redevelopment project it’s planning in Queens.
Outpatient Projects: Healthcare developer Irgens moving forward on MOB at restaurant site in Brookfield, Wis.
BROOKFIELD, Wis. – Milwaukee-based Irgens is developing a one-story, 23,600 square foot MOB in Brookfield, outside of Milwaukee, and will have Froedtert & the Medical College of Wisconsin as the anchor tenant.
Outpatient Projects: Construction underway on $30 million outpatient center for Sutter Health in Tracy, Calif.
TRACY, Calif. – In a move to consolidate services from three locations, Sacramento, Calif.-based Sutter Gould Medical Foundation recently broke ground on a $30 million outpatient facility in Tracy, about an hour east of Oakland, Calif.
Outpatient Projects: Duke starts MOB on new Ill. campus
REIT’s 80,000 square foot facility sees strong demand in growing Huntley By John B. Mugford In a Q&A with Healthcare Real Estate Insights™ in late 2015, Duke Realty’s Keith Konkoli, who leads the large healthcare division, said the company’s pipeline of projects was “as strong as (it’s) ever been.”
Outpatient Projects: Anchor Health Properties looks to build MOB in Palmer Township, Pa., in the Lehigh Valley area
PALMER TOWNSHIP, Pa. – According to local news reports, Wilmington, Del.-based Anchor Health Properties, a longtime developer of medical facilities, recently proposed a two-story, 57,000 square foot MOB complex in Palmer Township, which is in the heart of the Lehigh Valley about 75 miles north of Philadelphia and 15 miles east of Allentown.
Outpatient Projects: Westchester, N.Y., system plans $230 million, 279,861 ambulatory care pavilion
VALHALLA, N.Y. — The largest healthcare project in Westchester County, N.Y., since 1977 is set to begin in June.
Inpatient Projects: Memorial Hermann Katy Hospital opens the tallest n tilt-wall hospital structure in the country
KATY, Texas – Memorial Hermann Katy Hospital, part of Houston-based Memorial Hermann Health System, recently opened a new 232,700 square foot patient bed tower that is believed to be the tallest hospital structure in the country to use tilt-wall construction.
Inpatient Projects: All systems ‘go’ in Rockford, Ill.
New $485 million campus is the result of a merger of two area systems By John B. Mugford Plenty of planning and negotiating has paved the way for Mercy-Rockford Health System to proceed with its planned $485 million hospital campus on the outskirts of Rockford, Ill., a project that the new health system believes will […]
Inpatient Projects: Second tower, with 420 beds, is under construction at new St. Luke’s-Baylor campus in Houston
HOUSTON – Construction is underway on “tower 2” at CHI St. Luke’s Health-Baylor St. Luke’s Medical Center (Baylor St. Luke’s) in Houston.
Inpatient Projects: CHA Hollywood (Calif.) Presbyterian to kick off $200 million, 10-year master plan
LOS ANGELES – CHA Hollywood Presbyterian Medical Center, not far from Sunset Boulevard and a provider of health services in the local community for almost 100 years, says it is about to begin the first phase of a $200 million, 10-year master plan to expand and modernize the campus.
Inpatient Projects: Memorial Hospital in York, Pa., plans to break ground on $120 million replacement
WEST MANCHESTER TOWNSHIP, Pa. – Memorial Hospital in York, Pa., says it plans to move forward with plans for a new $120 million replacement hospital campus in nearby West Manchester Township.
