News Release: Capital One Closes $21.2 Million Loan to Finance Texas Medical Office Building
FOR IMMEDIATE RELEASE Bethesda, Md. (December 6, 2016) – Capital One announced today that it provided a $21.2 million first mortgage to a joint venture formed by Harrison Street Real Estate Partners and Pisula Development Company. The funds were used to purchase Imperial Medical Center, a 128,000-square-foot medical office building in Sugar Land, Texas, a suburb […]
News Release: SMH Moves Forward with Plans for New Laurel Road Hospital
Friday, December 02, 2016 SARASOTA, Fla. (Dec. 2, 2016) – Sarasota Memorial is moving ahead with plans to establish a new 110-bed hospital on Laurel Road in south Sarasota County. Florida’s Agency for Health Care Administration approved the health system’s Certificate of Need (CON) application today. “We look forward to moving ahead with our plans […]
News Release: Just Closed – UCLA Single Tenant Medical Office Building
UCLA-Toluca Health Center | 4323 Riverside Drive, Burbank, CA 91505 Investment Highlights 100% Leased by The Regents of the University of California (Aa2 Moody’s Rating) NNN Lease with Annual Rent Increases High Barriers to Entry Submarket within Close Proximity to Providence St. Joseph Medical Center and Several Studios Rare Subterranean Parking New Long-Term Debt Placed […]
News Releases: Rendina has two projects selected as finalists for the 2016 HREI Insights Awards™
Barnabas Health Ambulatory Care Center Annex, Livingston, N.J. Please click on the image to link to a high-resolution version. For more healthcare real estate news from Rendina, please visit: Rendina.com/Press JUPITER, Fla., Dec. 1, 2016 – As Healthcare Real Estate Insights™ (HREI) magazine prepares to announce winners of this year’s HREI Insights Awards™, Rendina Healthcare […]
News Release: HFF Announces the Sale of Coit Medical Center
Copyright 2016 HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 23 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a […]
News Release: Two Duke Realty healthcare projects named 2016 HREI Insights Awards™ Finalists
Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the firm developed in McKinney, Texas, and Cincinnati MCKINNEY, Texas, CINCINNATI and INDIANAPOLIS, Nov. 30, 2016 – Duke Realty-developed medical facilities have been honored as Finalists in two out of nine categories of Healthcare Real Estate Insights™ magazine’s annual, national awards program. The […]
News Release: McCarthy Building Companies Completes Surgical Center Expansion and New Patient Tower at Erlanger East Hospital in Chattanooga
$50 million expansion transforms hospital into lifestyle campus CHATTANOOGA, Tenn. ( November 30, 2016) – McCarthy Building Companies, one of the nation’s largest health care contractors, and HKS Architects, Inc., have completed the expansion of the surgical center and construction of the new patient tower at Erlanger East Hospital in Chattanooga, Tenn. Completed one month […]
News Release: R.J. Sommerdyke Joins Meridian Healthcare Acquisition Team
IRVINE, CALIF. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that R.J. Sommerdyke has joined the company’s acquisition team in Southern California. Sommerdyke will play a key role in expanding Meridian’s platform of acquiring value-add healthcare properties throughout Southern California.
News Release: JUST SOLD – Beaumont Medical Center – Rochester Hills, Michigan
Chicago, Illinois, November 28th, 2016 – Brown Gibbons Lang | Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the sale of Beaumont Medical Center – Rochester Hills, located in Rochester Hills, Michigan. Christopher Stai and Clinton Parker, Managing Directors of BGLREP’s National Healthcare Real Estate Practice, […]
News Release: JUST SOLD – Two MOBs totaling 57,000 square feet, located in Pennsylvania
Chicago, Illinois, November 28th, 2016 – Brown Gibbons Lang | Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the sale of two (2) medical office buildings, totaling 57,000 square feet, located in Wyomissing, Pennsylvania and Pottsville, Pennsylvania. Christopher Stai and Clinton Parker, Managing Directors of BGLREP’s […]
News Release: It’s Official: New Tenants Announced
New Tenant Announced at Optimal Outcomes’ Bayboro Building Pediatric Cardiology Associates (PCA) recently opened its new medical office at 625 6th Avenue South, Suite 120. Their new location offers 7,500 square feet of comprehensive cardiac services for children in St. Petersburg. To further streamline services, the practice is currently building out an additional 6,000 square […]
News Release: Two NexCore healthcare projects named 2016 HREI Insights Awards™ Finalists
Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the company developed in Avon, Colo., and Lewis Center, Ohio DENVER and AVON, Colo., and LEWIS CENTER, Ohio, Nov. 23, 2016 – Two healthcare facilities developed by NexCore Group, a national healthcare real estate developer, have been honored as Finalists in Healthcare Real […]
News Release: Healthcare Leader Returns to HDR
Arlington, VA – Healthcare architect Susana Andrade Erpestad, AIA, ACHA, NCARB, EDAC, LEED AP BD+C, has returned to HDR as a healthcare principal in its Washington, D.C. architecture studio. In her new role, Susana will be focused on client engagement and will spearhead growth and development. Additionally, she will participate in the studio’s leadership group […]
News Release: Duke Realty-developed Baylor McKinney 2 MOB near Dallas now open for business
The new medical office building will help Baylor Scott & White meet increasing demand for additional healthcare services in the fast-growing Dallas-Fort Worth area McKINNEY, Texas, and INDIANAPOLIS, Nov. 18, 2016 – Dallas/Fort Worth is one of the fastest growing areas of the country, and residents’ healthcare needs are increasing as well. Baylor Scott & […]
News Release: Just Sold – 15 Year Leased DaVita – 38454 5th Street West, Palmdale, CA to 1031 Buyer
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant, 100% leased DaVita located at 38454 5th Street West in Palmdale, CA. The property is leased for 15 years and sold for a record price of $6,972,000 ($507 psf), a 5% cap rate. Gary Stache, Mark Shaffer, Doug Mack and […]