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News Release: HDR Honored at the 45th Annual Los Angeles Architectural Awards

Unique awards presented by the Los Angeles Business Council celebrate the best of the region’s new and innovative architectural achievements Los Angeles, CA – HDR, as executive architect on the Martin Luther King Outpatient Center project, was recognized at the 45th Annual Los Angeles Architectural Awards today during a gala luncheon hosted by the Los […]

News Release: HFF closes $22.5 million sale of office portfolio in Morristown, New Jersey

News Release: HFF closes $22.5 million sale of office portfolio in Morristown, New Jersey

FLORHAM PARK, NJ – June 17, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of a two-property medical office and office building portfolio totaling 128,000 square feet in Morristown, New Jersey. The two properties within the portfolio are: 55 Madison and 101 Madison Avenue. HFF marketed the assets […]

News Release: Canyon Vista Medical Center and Rendina Celebrate Opening of New Medical Office Building

News Release: Canyon Vista Medical Center and Rendina Celebrate Opening of New Medical Office Building

Canyon Vista Medical Center – Medical Office Building 2, Sierra Vista, Ariz. SIERRA VISTA, Ariz., June 17, 2015 – Mayor Rick Mueller joined hospital executives and representatives from Rendina Healthcare Real Estate to celebrate the formal opening of a new 54,000-square-foot facility on the campus of Canyon Vista Medical Center in Sierra Vista. The new […]

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News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Clarion Integrated Medical Facility (IMF) Property

Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”), acquired the Clarion IMF property on June 1, 2015, for approximately $6,920,000. The 33,000-square-foot medical facility property was built in 2012, and is located in Clarion, Pennsylvania, a northern suburb of Pittsburgh. The Clarion IMF offers a broad range of high-quality comprehensive healthcare services including […]

News Release: Gaughan Companies Closes Sale on Medical Office Building Located in Fridley, MN

News Release: Gaughan Companies Closes Sale on Medical Office Building Located in Fridley, MN

Dan Hebert of Gaughan Companies, MN represented a physician group on the sale of their medical office building located at 8290 University Ave, Minneapolis MN. The 23,000 square foot medical property is anchored by Twin Cities Orthopedics. “This is an institution grade asset with long term credit tenants. This coupled with low interest rates made […]

News Release: McCarthy Tops Out Grady Hospital Emergency Department Expansion

Project at one of the nation’s largest safety net hospitals reaches key construction milestone Atlanta, GA (June 17, 2015) – McCarthy Building Companies, one of the nation’s largest healthcare contractors, recently topped out a $52.7 million project at Grady Memorial Hospital, one of the nation’s largest safety net hospitals. McCarthy, along with its partner CCI, […]

News Release: MB Real Estate Healthcare Group Hires Graines as General Counsel

News Release: MB Real Estate Healthcare Group Hires Graines as General Counsel

CHICAGO—Friday, June 12, 2015 – MB Real Estate Healthcare Group is pleased to announce that Gregg Graines has joined the team as General Counsel. Graines will be based in the Chicago corporate office. MBRE Healthcare, an operating division of MB Real Estate, Inc., is a full-service real estate company that develops, acquires, leases and manages […]

The two Saybrook Road MOBs are part of the five-building Middletown Medical Complex, which is sponsored by the nearby 275-bed Middlesex Hospital.
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News Release: Seavest brings three more tenants to its two Connecticut medical office buildings

New users at Middletown Medical Complex include pediatric/adolescent and vascular care providers, as well as additional space for Middlesex Hospital MIDDLETOWN, Conn., and WHITE PLAINS, N.Y., June 11, 2015 – The private investment management firm Seavest Healthcare Properties has announced significant leasing activity by three healthcare providers at its two medical office buildings (MOBs) at […]

News Release: VA Selects Urban Planner to Help Develop New Master Plan for West LA Campus

HOK/Walsh/Core Team to lead strategic planning and development to best serve Veterans LOS ANGELES, Calif. – Efforts by the Department of Veterans Affairs to revitalize the West LA VA campus into a vibrant, welcoming, and sustainable community for Veterans has taken another key step forward. On June 8, 2015, a team comprised of HOK, a […]

News Release: Citizens Bank Provides $28.5 Million Construction Loan for New Hospital Facility

BROOMFIELD, CO – Citizens Bank announced today that it has closed a $28.5 million loan to ElmTree Funds in partnership with developer Venture Medical Holdings, LLC for the construction of a new First Choice ER hospital facility. The 76,770-square-foot, three-story hospital, scheduled to open in May 2016, will be built on a 5.2-acre parcel at […]

News Release: Just Closed - Wilbur Medical Plaza

News Release: Just Closed – Wilbur Medical Plaza

The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Wilbur Medical Plaza in Tarzana, California. Sale Summary The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Wilbur Medical Plaza in Tarzana, California. Chris Bodnar and Lee Asher of the U.S. Healthcare […]

News Release: South Coast Improvement, Co. completes Atria Marland Place project in Andover, MA

News Release: South Coast Improvement, Co. completes Atria Marland Place project in Andover, MA

ANDOVER, MA and MARION, MA, June 10,2015: South Coast Improvement Company (SCI), a design-build general contractor serving New England and the Mid-Atlantic states, recently finished a restoration of the former Marland Manufacturing Company. Atria Marland Place, owned by Atria Senior Living Group, will be a senior living community for Andover’s active older adults. “This project […]

News Release: Hammes Company hires Regional Vice President, opens Atlanta office

News Release: Hammes Company hires Regional Vice President, opens Atlanta office

Project management expert John Healy joins healthcare consulting firm’s Facility Development group in new office responsible for Mid-Atlantic and Southeast markets MILWAUKEE and ATLANTA, June 9, 2015 – Expanding its facility development group in the Mid-Atlantic and Southeast regions, leading healthcare consulting firm Hammes Company has appointed John Healy as Regional Vice President, heading the […]

News Release: Embree Healthcare Group to Develop New Welbrook Transitional Care Facility in Arizona

News Release: Embree Healthcare Group to Develop New Welbrook Transitional Care Facility in Arizona

SCOTTSDALE, ARIZONA, June 9, 2015 – Welbrook Senior Living has selected Embree Healthcare Group to develop a new transitional care facility in Flagstaff, Arizona. The facility will allow patients a better short term option for rehabilitative and skilled nursing services after being discharged from local hospitals. The project will offer 50 private rooms for patients […]

News Release: Carter Validus Mission Critical REIT, Inc. Acquires $117 Million Real Estate Portfolio

News Release: Carter Validus Mission Critical REIT, Inc. Acquires $117 Million Real Estate Portfolio

June 8, 2015 Tampa, Florida — Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”), acquired the 21st Century Radiation Oncology real estate portfolio (“21C Portfolio”) for approximately $117 million. The 21C Portfolio totals more than 220,000 rentable square feet and consists of 20 oncology buildings located in Florida, California, Kentucky, Nevada and West Virginia. All 20 […]