News Release: Big Lots Behavioral Health Pavilion Will Transform Care for Children, Adolescents with Mental Illness
Columbus, OH – 6/16/2017 Nationwide Children’s Hospital celebrated the groundbreaking today of the Big Lots Behavioral Health Pavilion, a freestanding facility fully dedicated to children and adolescents with behavioral health conditions. Thanks to a transformational $50 million gift from Big Lots and Big Lots Foundation, it will be the largest behavioral health treatment and research center […]
News Release: Ryan Companies and PrairieCare Celebrate Grand Opening of New Medical Office Building
FOR IMMEDIATE RELEASE Ryan Companies US, Inc. and PrairieCare Celebrate Grand Opening of New Medical Office Building in Brooklyn Park, MN Minneapolis, MN (June 16, 2017) — Ryan Companies US, Inc. and PrairieCare, LLC announce the grand opening of the 610 Medical Center located in Brooklyn Park, Minn. The 41,000 square-foot, two story medical […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Atlanta
NEWS PROVIDED BY American Healthcare Investors 15 Jun, 2017, 14:00 ET ATLANTA, June 15, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Lawrenceville Medical Office Building in the Atlanta suburb of Lawrenceville, Georgia. Built in 2005, the approximately […]
News Release: Hammond Hanlon Camp LLC Welcomes New Managing Director Manfred Steiner
FOR IMMEDIATE RELEASE CHICAGO — June 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, is pleased to announce that Manfred R. Steiner has joined the firm as a Managing Director in H2C’s Chicago Office. Manfred joins H2C with twenty-five years of experience providing financial, valuation, and strategic advisory services to […]
News Release: Healthcare Trust of America Announces 2Q Investment Activity
13 Jun, 2017, 14:53 ET SCOTTSDALE, Ariz., June 13, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), announced today that it has successfully executed on the majority of its previously announced 2Q investments; closing on approximately $2.3 billion of properties, raising $2.7 billion of capital, and adding a best-in class development platform. This execution […]
News Release: PMB Selected to Develop New San Antonio Regional Hospital Medical Office Building
The new medical facility includes a City of Hope Cancer Center as part of a 56,000-square-foot, two-story medical office building in Upland, Calif. Upland, Calif., (June 13, 2017) – Development is underway for a 56,000-square-foot, two-story ambulatory care medical office building on the San Antonio Regional Hospital campus in Upland, Calif. that will include a City […]
News Release: Healthcare Trust of America Adds Healthcare Development Platform
Appoints Keith Konkoli Executive Vice President of Development Company Release – 06/12/2017 18:12 SCOTTSDALE, Ariz., June 12, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it had completed its addition of the Duke Realty’s (“Duke”) Healthcare development and […]
News Release: MedProperties Holdings and Cypress West acquire Riverwalk Medical Plaza in California
The 54,923 square foot facility is in the premium, sought-after Bakersfield market and includes a value-add, vacant 5,500 square foot space that will provide incremental, long-term revenue BAKERSFIELD, Calif., and DALLAS, June 7, 2017 – The newest joint venture acquisition from MedProperties Holdings LLC has it all: immediate cash flow; a value-add space with additional […]
News Release: Cornerstone Companies Inc. MOB Fund II Spends $22.6 Million To Acquire Three Medical Office Buildings
FOR IMMEDIATE RELEASE INDIANAPOLIS, IN (May 30, 2017) – Cornerstone Companies, Inc. recently announced the acquisition of three health care real estate properties totaling 82,000 square feet in Indiana, Kentucky, and Colorado with an aggregate purchase price of $22.6 million. The properties were acquired by Cornerstone MOB Fund II, a private equity fund focused solely […]
News Release: McCarthy Building Companies, Inc. breaks ground on Children’s Hospital Outpatient Center
$40 million project will provide outpatient services to over 100,000 children a year ATLANTA and CHATTANOOGA, Tenn. (June 7, 2017) – McCarthy Building Companies, Inc. broke ground yesterday on the new Children’s Hospital at Erlanger Outpatient Center. The $40 million outpatient facility is phase one of plans for a new Children’s Hospital, among the nation’s […]
News Release: Vibra Healthcare, Memorial Hermann & Medistar Announce Development of New Post-Acute Community: VibraLife of Katy
MECHANICSBURG, Pa. and HOUSTON (June 7, 2017) – Vibra Healthcare, LLC (“Vibra”), Memorial Hermann Health System, and Medistar Corporation (“Medistar”) announced today their collaboration on the development of VibraLife of Katy, a new VibraLife post-acute and residential care community coming to the Houston area. The new state-of-the-art facility will be located in the Parkwest Business […]
News Release: Houston: IPA Brokers $58M Medical Office Portfolio Sale
FOR IMMEDIATE RELEASE Institutional Property Advisors Brokers $58 Million Sale Of Medical Office Portfolio Near Houston HOUSTON, June 6, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the $58 million sale of a portfolio of fully leased medical office properties outside […]
News Release: Kaiser Permanente Opens New Chino Grand Medical Offices
Press Release 50,000-square foot space will change the way health care is delivered June 6, 2017 Kaiser Permanente representatives cut the ribbon for the the New Chino Grand Medical Offices. CHINO, Calif. — The new Kaiser Permanente Chino Grand Medical Offices opened to members today. The 50,000-square foot, three-story medical office building changes the way health care […]
News Release: Just Sold – 11832-11846 Rosecrans Avenue Norwalk, California
Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 11832-11846 Rosecrans Avenue in Norwalk, CA at a price of $5,400,000 ($284 PSF). The 18,984 SF medical office building was 100% leased for 10 years to Avanti Hospitals, a Los Angeles-based hospital system and high-quality healthcare service provider. Gary Stache, Mark […]
News Release: Medistar Corporation and Post Acute Medical, LLC Announce New Inpatient Rehabilitation Hospital in Round Rock, TX
ROUND ROCK, TX (June 2, 2017) – Medistar Corporation (“Medistar”) and Post Acute Medical are pleased to announce the development of PAM Rehabilitation Hospital of Round Rock. Operated by Post Acute Medical, LLC (“PAM”), this modern 48,000 square foot inpatient rehabilitation hospital will provide comprehensive inpatient and outpatient therapy services for families in Round Rock […]