News Release: Lurie Children’s Hospital of Chicago Selects HDR for Strategic Facilities Master Planning
Combining business needs with human needs secured the global design firm for the job. Chicago, IL – After undergoing a competitive selection process, HDR has been selected to do strategic facilities master planning for the Ann & Robert H. Lurie Children’s Hospital of Chicago. With its new hospital opening four years ago, Lurie Children’s has […]
News Release: Mercy Medical Center has announced the opening of the new $27 million Crane Surgery Suite at Bunting
(Baltimore, MD) –Mercy Medical Center has announced the opening of the new $27 million Crane Surgery Suite at Bunting, eight new operating rooms dedicated to orthopedic specialties, located on the 1st floor of Mercy’s Mary Catherine Bunting Center. The new surgical suite is named in honor of The Charles Crane Family whose foundation donated $1.25 […]
News Release: Fairfield Advisors Announces Sale of Camelot Medical Office Building in Virginia Beach, VA. – $9,400,000 Transaction
August 1, 2016 (Denver, CO. and Virginia Beach, VA.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Camelot Medical Office Building located at 1800 Camelot Drive in Virginia Beach, VA. The medical building totals 40,257 square feet and was built in 2004. The medical […]
News Release: Medistar Corporation Announces Completion of Construction of Class A MOB at the Hospitals of Providence Transmountain Campus
Medical Plaza 1 to Support New Teaching Hospital for Texas Tech University Health Sciences Center El Paso El Paso, TX (August 1, 2016) – Medistar Corporation (“Medistar”) announced today that it has completed construction on Medical Plaza 1, a Class A, four-story, 110,000 square foot medical office building located in El Paso, Texas on The […]
News Release: Just Closed – Crozer Brinton Lake Outpatient Health Center
Property Summary Property Type: Medical Office Sale Date: July 19, 2016 Sale Price: $52,000,000 Price PSF: $414 Building Size: 125,692 SF Year Built: 2005 & 2010 Occupancy: 100% Transaction Summary The transaction included the investment sale of the Crozer Brinton Lake Outpatient Health Center located in Glen Mills, Pennsylvania. The JLL Healthcare Capital Markets Group is […]
News Release: Just Sold – Glendale Medical Office Building trades to 1031 Buyer for $409 PSF – 3600 Verdugo, Glendale, CA
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of an 82% leased Multi-Tenant Medical Office Building located at 3600 Verdugo Rd., Glendale, CA at a price of $10,975,000 ($409 PSF). It traded at an in-place cap rate of 4.35%. Mark Shaffer, Gary Stache, Anthony DeLorenzo and Doug Mack of CBRE represented the […]
News Release: Houston Methodist Establishes 19,589 SF Comprehensive Care Center in Conroe, Texas
(JULY 27, 2016 – HOUSTON) – Transwestern’s Houston headquarters today announces Houston Methodist has leased 19,589 square feet in the League Line Medical Office Building located at 4015 Interstate 45 North in Conroe, Texas, for a Comprehensive Care Center, including primary and specialty care. Transwestern’s Brandy Bellow Spinks and Scott Carter, vice presidents in the […]
News Release: Capital One Closes $11.9 Million Adjustable-Rate Loan to MedProperties to Purchase Illinois Ambulatory Surgery Center
Bethesda, Md. (July 27, 2016) – Capital One announced today that it has provided an $11.9 million first mortgage to MedProperties Holdings, LLC to finance the acquisition of the 28,000-square-foot Center for Minimally Invasive Surgery in Mokena, Illinois. The center is equipped with four operating rooms, a 14,000-square-foot surgery center and a 5,350-square-foot recovery center. […]
News Release: Just Closed – Parkway Medical Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Parkway Medical Center in Hampton, Virginia. Sale Date July 7, 2016 Sale Price $6,750,000 Price Per SF $192 Building Size 35,200 SF Year Built 2002 Occupancy 80% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale […]
News Release: Ground Breaking Ceremony Held for the Children’s Hospital of San Antonio Health Pavilion – Stone Oak
SAN ANTONIO, TX – Today officials from CHRISTUS Santa Rosa Health System and The Children’s Hospital of San Antonio, Trammell Crow Company (TCC) and Seavest celebrated a groundbreaking for The Children’s Hospital of San Antonio Health Pavilion – Stone Oak. The three-story, 60,000-square-foot medical office building is located at 1434 East Sonterra Boulevard. The building […]
News Release: Groundbreaking Celebration for the Children’s Hospital of San Antonio Health Pavilion – Stone Oak
What: CHRISTUS Santa Rosa Health System and The Children’s Hospital of San Antonio, Trammell Crow Company, Seavest and Baylor College of Medicine break ground on The Children’s Hospital of San Antonio Health Pavilion – Stone Oak, a new three-story, 60,000 square foot medical office building. When: Tuesday, July 26, 2016, 10:00 a.m. Where: 1434 East […]
News Release: MedSouth Healthcare Properties MOB Sale Leaseback Acquisition Announcement – Wilmington NC
Wilmington, NC – MedSouth Healthcare Properties, LLC (MedSouth) is pleased to announce the sale leaseback acquisition of 1120 Medical Center Drive, a fully occupied, single tenant medical office building located in Wilmington North Carolina. The property is located in the medical arts district of Wilmington NC and is positioned across the street from New Hanover Regional Medical Center (NHRMC) which […]
News Release: Capital One closes $33.6 million loan for Chicago-area MOB acquisition
Bethesda, Md. (July 25, 2016) – Capital One announced today that it provided a $33.6 million term loan for the acquisition of a portfolio of four medical office buildings in the Chicago area. A joint venture of Harrison Street Real Estate Capital and MedProperties Group purchased the properties. The commitment includes $26.8 million in initial […]
News Release: The Sanders Trust Acquires Three Texas-Based Inpatient Rehabilitation Hospitals Valued at $111.5 Million
Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies, announced its acquisition of the real estate associated with three inpatient rehabilitation hospitals in Austin, Dallas, and Houston, Texas totaling 191,800 square feet. Each of the inpatient rehab facilities is operated by affiliates of HealthSouth Corporation through longterm […]
News Release: Martin Health Celebrates Topping Out at Tradition Medical Center
PORT ST. LUCIE, FLA (July 15, 2016) – On Friday July 15th, Martin Health celebrated the “Topping Out” of the Tradition Medical Center addition project as the final beam was raised. Begun in October 2015 to address the expanding healthcare needs of one of Florida’s fastest growing communities, the project includes a 100,000-square-foot, three-story vertical […]