Breaking News

News Release: The Sanders Trust acquires addiction treatment center in Boston area

FOR IMMEDIATE RELEASE Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the real estate acquisition of Serenity at Summit New England. The medically supervised drug detox and alcohol addiction treatment center is a 41-bed facility consisting of 25,455 square feet. Serenity at Summit New England provides the […]

News Release: Announcement – $49,000,000 Hospital / Medical Office Sale in Phoenix, AZ. – Fairfield Advisors

Fairfield Advisors announces sale of Oasis Orthopedic Hospital / Medical Office Building in Phoenix, AZ.  – $49,000,000 Transaction –  ( Denver, CO and Phoenix, AZ.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Oasis Orthopedic Hospital/Medical Office Building located at 740 North 40th Street in Phoenix, […]

News Release: A Joint Statement From Memorial Hermann Health System and Baylor Scott & White Health

HOUSTON (February 05, 2019) After months of thoughtful exploration, we have decided to discontinue talks of a merger between our two systems. Ultimately, we have concluded that as strong, successful organizations, we are capable of achieving our visions for the future without merging at this time. We have a tremendous amount of respect for each […]

News Release: Shriners Healthcare for Children-Twin Cities Campus FOR SALE

News Release: Shriners Healthcare for Children-Twin Cities Campus FOR SALE

Shriners Healthcare for Children -Twin Cities, East River Parkway site, Listed for Sale by Colliers International | Minneapolis-St. Paul As Shriners Healthcare for Children -Twin Cities transitions to a new healthcare model, real estate needs have also shifted Shriners Healthcare for Children-Twin Cities has recently transitioned from a hospital model to an outpatient clinic format. […]

News Release: LVHN to Build New Health Campus in Lower Nazareth Township

News Release: LVHN to Build New Health Campus in Lower Nazareth Township

Innovative campus will be easy to navigate and provide convenient access off Route 33 Lehigh Valley, Pa., February 04, 2019 Lehigh Valley Health Network (LVHN) will build the first phase of a new health campus just off Route 33 along Hecktown Road in Lower Nazareth Township. Plans include a 156,000-square-foot hospital and medical office building designed for […]

News Release: Construction Advances at Piedmont Athens with Phase I Nearing Completion

News Release: Construction Advances at Piedmont Athens with Phase I Nearing Completion

Phase I of Piedmont Athens Regional Medical Center’s $171 million renovations and expansion project, which officially kicked off in October 2018, is nearing completion, as the hospital prepares to begin the construction process for its new patient tower. The project, being completed by DPR Construction, will include the renovation of approximately 262,436 square feet of […]

News Release: Two innovative companies have combined under one brand: Avison Young

News Release: Two innovative companies have combined under one brand: Avison Young

Avison Young acquires GVA Avison Young is excited to announce the acquisition of U.K.-based GVA, one of the U.K.’s leading and most diverse real estate advisory businesses. We are now 5,000 strong, with 120 offices in 20 countries, nearly doubling our size and ability to provide clients with whatever they need, wherever in the world […]

News Release: Just Closed - La Ronde Medical Centre

News Release: Just Closed – La Ronde Medical Centre

Just Closed – La Ronde Medical Centre 14620 N. Del Webb Blvd | Sun City, AZ Sale Date: 1/29/2019 Property Size: 88,400 SF % Leased: 90.3% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the La Ronde Medical Centre (the “Property”), located in Sun City, Arizona. Chris Bodnar, Lee Asher, Shane […]

News Release: Harbin Clinic - New Locations & Building Plans Underway in Floyd County, Ga.

News Release: Harbin Clinic – New Locations & Building Plans Underway in Floyd County, Ga.

THURSDAY, JAN 31, 2019 Over the next year, Harbin Clinic announces a number of changes to medical practice locations in Floyd County, and plans to build and occupy a new medical office building designed specifically for women and children. Throughout these renovations and changes, patients can be sure that the high level of quality care […]

News Release: NorthWest announces the acquisition of an 11 property, $1.2BN Australian hospital portfolio from Healthscope

News Release: NorthWest announces the acquisition of an 11 property, $1.2BN Australian hospital portfolio from Healthscope

All dollar values herein are in Canadian dollars. Australian dollar values have been converted into Canadian dollars using an illustrative exchange rate of $1.00CAD = $1.05AUD. NWH Australia AssetCo Pty Ltdas trustee for NWH Australia Asset Trust (“NorthWest Australia”), a controlled entity of NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX:NWH.UN) announced today that it has […]

News Release: Caddis to develop its first Heartis senior living community in Pennsylvania

News Release: Caddis to develop its first Heartis senior living community in Pennsylvania

Heartis Yardley near Philadelphia, which will offer convenient access and first-class amenities, is designed to fill an important market need for senior housing® senior living brand FOR IMMEDIATE RELEASE News Media Contact: Stacey Berman, Caddis, 469-547-5421, sberman@caddis.com YARDLEY, Pa., and DALLAS, Jan. 31, 2019 – In a continuation of its successful expansion across the country, Caddis® […]

News Release: Memorial Sloan Kettering Signs 75ksf Lease at 333 East 61st St. in NYC

News Release: Memorial Sloan Kettering Signs 75ksf Lease at 333 East 61st St. in NYC

LaSalle and William Macklowe Company Secure Six-Story, 75,000-Square-Foot Lease with Memorial Sloan Kettering at 333 E. 61st Street Medical Office Building NEW YORK – LaSalle Investment Management (“LaSalle”) and William Macklowe Company (“WMC”) announced that they have completed a long-term lease agreement with Memorial Sloan Kettering for 100% of the approximately 75,000 square feet of […]

News Release: Inaugural Sun City, Arizona Investment Marks Anchor Health Properties’ Entry Into the Phoenix Market

News Release: Inaugural Sun City, Arizona Investment Marks Anchor Health Properties’ Entry Into the Phoenix Market

FOR IMMEDIATE RELEASE January 31, 2019 (Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently invested in a highly strategic 89,000 square foot institutional quality outpatient medical center in Sun City, Arizona through a joint venture with an affiliate of […]

News Release: Transwestern’s Houston Healthcare Team To Lease Mixed-Use Innovation Tower In Texas Medical Center

News Release: Transwestern’s Houston Healthcare Team To Lease Mixed-Use Innovation Tower In Texas Medical Center

Justin Brasell and Lisa Bovermann are providing healthcare leasing services. January 30, 2019 HOUSTON – Transwestern today announces it has been retained to provide leasing services for Innovation Tower, a 48-story, 1.6 million-square-foot, mixed-use development in the Texas Medical Center. Transwestern’s Executive Vice President Justin Brasell and Senior Vice President Lisa Bovermann are providing healthcare leasing […]

News Release: HFF announces $8.6M sale of medical office building near Duke Regional Hospital in Durham, North Carolina

News Release: HFF announces $8.6M sale of medical office building near Duke Regional Hospital in Durham, North Carolina

CHARLOTTE, NC – Jan. 30, 2019 – HFF announces the $8.6 million sale of Duke Medical Complex, a two-story medical office building totaling 79,202 square feet in Durham, North Carolina. The HFF team represented the seller, and procured the buyer, 5401 Holding Co LLC. Duke Medical Complex is located at 4321 Medical Park Drive within […]