News Release: Destination Medical Center Corporation (DMCC) Board Adopts DMC Development Plan
ROCHESTER, Minn. (April 24, 2015) – In a landmark vote advancing Minnesota’s largest economic development initiative, the Destination Medical Center Corporation (DMCC) Board of Directors adopted the DMC Draft Development Plan at a special meeting last evening, which followed a public hearing. The 20-year Plan serves as a strategic business plan and framework to guide […]
News Release: Carter Validus Mission Critical REIT II Acquires Two Medical Facility Properties
(Tampa, FL) – Carter Validus Mission Critical REIT II, Inc. acquired the Winter Haven Healthcare Facility for approximately $3.8 million and the Heartland Rehabilitation Hospital property for approximately $24.5 million. The Winter Haven Healthcare Facility measures approximately 7,560 square feet in net rentable area, and is located in Winter Haven, Florida. Winter Haven is a […]
News Release: Texas Children’s Hospital Engages FKP for 19-Story Expansion
Texas Children’s Hospital Engages FKP for expansion: Planning underway for new 19-story tower at Main Campus HOUSTON, TX, April 22, 2015 – In collaboration with Texas Children’s Hospital, FKP Architects announced a major expansion that will focus on bringing access to more critically ill patients The hospital is embarking on a $506 million 19-story patient […]
News Release: PMB finalizes construction of LEED-certified Los Alamitos Medical Plaza
Pacific Medical Buildings completes the construction of 70,000 square foot, LEED-certified medical office building in Los Alamitos, Calif. IRVINE, Calif., April 22, 2015 – Pacific Medical Buildings (PMB) is pleased to announce the completion of construction on a three-story, 70,000 square foot medical office building (MOB) and adjacent six-level, 1,077-space parking structure located on the […]
News Release: For Medical Office Portfolios, Less Is More
Fewer portfolios trade in 2014, but demand sends pricing sky high BOSTON, April 22, 2015 – It seems real estate investors can’t get enough of medical office portfolios. Demand for the product type continues to swell, as evidenced by the outsized allocation of capital for investment in healthcare assets. But while overall sales of dedicated […]
News Release: Five Risks Affecting the Healthcare Industry on the ACA’s Fifth Anniversary
JLL outlines the tumultuous future of the U.S. healthcare industry and its real estate CHICAGO, April 22, 2015 – When the Affordable Care Act (ACA) was signed into law five years ago, it marked the beginning of a tumultuous new era for the healthcare industry. On the fifth anniversary of that historic event, JLL has […]
News Release: CBRE JUST CLOSED:: 100% Occupied Medical Office Opportunity
SOLD MARCH 2015- 100% OCCUPIED MEDICAL OFFICE INVESTMENT OPPORTUNITY Steve Marzullo and Justin Marlowe of CBRE’s Philadelphia Commercial Investment Properties Team along with Jon Sarkisian and Anthony LiVecchi of CBRE’s South Jersey Office Brokerage Services Group arranged the sale of the New Albany Professional Building located at 2800 Route 130 in Cinnaminson, NJ (“the Property”). […]
News Release: Reed Construction Breaks Ground on Riverside Medical Center
CHICAGO – Reed Construction is pleased to announce that the firm has broken ground for the new Riverside Medical Center, a 20,755 square foot medical office building for Riverside Healthcare in Frankfort, Illinois. Project leaders participated in a groundbreaking ceremony at the site on April 15. Also in attendance were team members from Proteus Group, […]
News Release: The Opus Group Announces Tom Shaver as President to Lead New Healthcare Division
Minneapolis (April 17, 2015) – The Opus Group (Opus) announced today the appointment of 31-year industry veteran Tom Shaver as president, Opus Healthcare™, a division of Opus Development Company, L.L.C., and an expansion of services into the healthcare sector. The healthcare industry is facing unique challenges and real estate can be part of the solution. […]
News Release: The Sanders Trust Acquires Asheville, NC MOB for $11.6M
Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala., has acquired 20 Medical Park Drive, an approximately 24,000-square-foot medical office building (MOB) in Asheville, N.C., originally built in 2005. The $11.6 million acquisition is part of a joint venture between The Sanders Trust […]
News Release: Optimal Outcomes Announces Completion of Florida Orthopaedic Institute Surgery Center
Optimal Outcomes Announces Completion of New Surgery Center in Tampa, FL Optimal Outcomes is excited to announce the completion of their latest healthcare project, a 26,500 square foot build to suit facility for Florida Orthopaedic Institute. Located at 6119 Gunn Highway in Tampa, the facility includes 17,500 square feet of medical clinic space and 9,000 […]
News Release: H2C Continues to Expand its Professional Team
SAN DIEGO and ATLANTA – April 14, 2015 – Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, welcomes Robert S. Burton as a Vice President in the Atlanta office and Nicholas R. Beale as an Associate in the San Diego office. Rob joins the team from Level-1 Research, LLC, while […]
News Release: I.M. CONSTRUCTION GROUP SELECTED FOR NEW ILLINOIS BONE & JOINT BUILDING IN LIBERTYVILLE
(Skokie, Illinois) – I.M. Construction Group (IMCG) is pleased to announce that the firm has been selected to renovate a new space for the Illinois Bone & Joint Institute (IBJI) located at 724 Florsheim Drive in Libertyville, Illinois. A leader in orthopedic care in the Chicago metropolitan area with more than 20 locations, IBJI specializes […]
News Release: Loyola to occupy 55,000 SF at Oakbrook Terrace Medical Center
Holladay Properties is pleased to announce a new medical office lease with Loyola University Medical Center at the Oak Brook Terrace Medical Center located at 1S224 Summit Avenue in Oak Brook Terrace, Ill. Holladay Properties provides leasing and property management services for this 92,000 square foot, two building medical campus owned by HCP, Inc. of […]
News Release: Caddis sells Southwest MOB portfolio to Griffin-American Healthcare REIT III
Proceeds from the sale of three Texas medical office buildings and a Colorado surgical hospital and MOB will be redeployed into other developments and acquisitions, company says DALLAS, April 8, 2015 – Leading national healthcare real estate investment, development and management company Caddis has sold its Southwest medical office building (MOB) portfolio to Griffin-American Healthcare […]
