News Release: Franklin Street Arranges $11.2M Sale of Class A Medical Office Building in Winter Garden
Flagship Healthcare Properties acquired the 100% occupied multi-tenant property ORLANDO, FL (March 10, 2023) – Franklin Street has arranged the sale of a newly built, 23,241-square-foot Class A medical office building in the Orlando suburb of Winter Garden for $11.2 million, or $481.90 per square foot. Franklin Street Director Matthew Weinberger, who specializes in healthcare […]
News Release: Partners Real Estate brokers sale of 10,243-sq.-ft. office building in Phoenix, Arizona
Phoenix, AZ, March 9, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 10,243-sq.-ft. Medical office building located at 8410 W Thomas Road – Bldg 3 in Phoenix, Arizona. Partners’ Ryan McCullough and Tyler Jaynes represented the Seller in the transaction. For […]
News Release: Vitrian and The Howard Hughes Corporation Form Joint Venture to Develop Life Science Projects in The Woodlands, Texas
March 08, 2023 02:25 PM Eastern Standard Time THE WOODLANDS, Texas–(BUSINESS WIRE)–Vitrian, a national platform providing an end-to-end solution for mission-critical biomanufacturing facilities, and The Howard Hughes Corporation (NYSE: HHC) announced today their formation of a joint venture to develop cGMP/Biomanufacturing facilities in HHC’s award-winning master planned community of The Woodlands. Building upon the rapidly […]
News Release: McLaren Macomb (Mich.) Harrington Medical Center Is Now Open
MARCH 07, 2023 CLINTON TOWNSHIP, Mich.—McLaren Macomb, the Mount Clemens-based hospital serving all of Macomb County through its network of outpatient facilities, is set to open its largest medical office building to date. Following more than a year of construction and in partnership with SensusOne, Harrington Medical Center has begun its phased opening and is […]
News Release: COMMUNITY HEALTHCARE TRUST INCORPORATED ANNOUNCES APPOINTMENT OF DAVID H. DUPUY AS CEO AND TO BOARD OF DIRECTORS
FRANKLIN, Tenn., March 7, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced that its Board of Directors appointed David H. Dupuy, who has served as the Company’s Interim Chief Executive Officer since February 10, 2023, to be the Company’s Chief Executive Officer on a permanent basis, effective as of March […]
News Release: Catalyst Ranks #15 on the 2023 Seminole 100 List
PENSACOLA, Fla., Mar. 7, 2023 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, is excited to announce they are ranked #15 on the 2023 Seminole 100 list. “We are very proud of this achievement and what it means to be recognized alongside the other amazing companies on the Seminole 100 […]
News Release: Centra Announces Largest Modernization Plan in its History for Lynchburg Campus
Centra’s multi-year Modernization Plan will encompass the most significant facility improvements and capital investments in its history. Aligning with Centra’s long-term Strategic Plan, the 500-million-dollar investment will address different community needs based on findings from the 2021 Community Health Needs Assessment. The first phase of the Modernization Plan is a revitalization and expansion of the […]
News Release: Acadia Healthcare Breaks Ground on New Behavioral Health Hospital in Arizona
Inpatient Treatment Facility Will Be Named Agave Ridge Behavioral Hospital MESA, Ariz.–(BUSINESS WIRE)–Acadia Healthcare Company today held a groundbreaking ceremony marking the beginning of construction on the new hospital that the company is building to serve residents of Mesa, Arizona, and surrounding communities. Slated to open in early 2024, the 100-bed acute care behavioral health […]
News Release: BXP Unveils Plans for a Life Science Innovation District in Rockville, Maryland
Monday, March 6, 2023 The Shady Grove Innovation District is a planned mixed-use, transit-served innovation ecosystem of more than 1.3M SF located in Maryland’s premier life sciences cluster. BXP, formerly Boston Properties, recently unveiled plans at its pre-application community meeting to develop the Shady Grove Innovation District (“SGID”), a world-class, amenity-rich, mixed-use district catering to […]
News Release: Announcing New $17.9 Million Cardiovascular Building
Community Medical Center (CMC), part of Lifepoint Health, is pleased to announce the investment of $17.9 million dollars to build a new cardiovascular center. The project, which includes a new 19,015 square foot expansion and renovation of the current heart and vascular center, is slated to break ground this fall and will take approximately two years to complete. “This is truly an exciting time for Community Medical Center […]
News Release: Anchor Health Properties Announces Grand Opening of a New Build to Suit Specialty Eye Center in Maryville, Tennessee
Knoxville, Tenn., Mar. 6, 2023 – Serving as owner’s representative and project manager on behalf of Southeastern Retina Associates (SERA), a state-of-the-art local practice consisting of 17 board certified ophthalmologists specializing in the treatment and surgery for diseases of the retina, macula and vitreous of the eye, Anchor Health Properties (Anchor), a national full-service healthcare real […]
News Release: Graymark Capital’s “Gray Matter” Life Science Initiative Recapitalizes 230,000 Sf Life Science Building In San Carlos, California
– Graymark Capital, Inc. completed a recapitalization of its 230,000 square foot life science project in San Carlos, CA with BentallGreenOak, a global real estate investment advisor. 150 Industrial is an existing life science building that will be re-imagined with new exterior façade, outdoor amenity areas and modern lab buildout. The property has the largest […]
News Release: JLL arranges $310M construction loan for first all-electric life sciences campus in California
News release Avia Labs at Millbrae Station caters to tenants seeking purpose-built space in a transit-oriented location SAN FRANCISCO, Mar. 3, 2023 – JLL’s Capital Markets group announced today that it arranged a $310 million construction loan for the development of Avia Labs at Millbrae Station, a best-in-class life sciences development totaling 315,000 square feet […]
News Release: MCLAREN ST. LUKE’S TO WIND DOWN OPERATIONS THIS SPRING
Hospital will discontinue operations and transition ownership of facilities, land and physical assets to Mercy Health MAUMEE, Ohio (March 3, 2023) – Following years of declining revenues and an unstable reimbursement environment, the McLaren St. Luke’s Board of Directors has made the difficult, but unanimous, decision to close the hospital and related outpatient services. The […]
News Release: Catalyst and PAM Health Celebrate the Completion of their First Inpatient Rehabilitation Hospital
PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andBain Capital Real Estate, the real estate investing business of Bain Capital, celebrate the completion of PAM Health Rehabilitation Hospital of Georgetown. “We are proud to partner with PAM Health to deliver mission-critical healthcare infrastructure,” said Hon Wing Mak, a […]