News Release: McCarthy and Donley tapped for $20M Education Resource Center for University of Virginia Health System
St. Louis – St. Louis-based McCarthy Building Companies, Inc. and Richmond-based Donley’s have been awarded a $20 million Education Resource Center project for the University of Virginia Health System in Charlottesville, Va. The team will break ground in early October 2014 on the four-story, 46,000-square-foot facility, which is being built on a tight site directly […]
News Release: IO Completes $125 Million Sale-Leaseback with Carter Validus Mission Critical REIT
IO to Continue Data Center Management, Operations and Engineering (Phoenix, AZ) IO, a worldwide leader in software-defined data center technology, services, and solutions, announced a partnership with Carter Validus Mission Critical REIT, Inc. (CVMC REIT) through which CVMC REIT acquired a 100% interest in the real estate containing the IO Phoenix and IO Scottsdale data […]
News Release: Caddis acquires Atlanta-area medical building
National healthcare real estate firm recently closed on the 81,627 square foot Gwinnett Medical Building, increasing the company’s presence in the market to 10 healthcare assets ATLANTA and DALLAS, Sept. 10, 2014 – Leading national healthcare real estate firm Caddis Partners LLC ( Caddis) has acquired the 81,627 square foot Class A Gwinnett Medical Building […]
News Release: The Newly Expanded Nemours/Alfred I. duPont Hospital for Children
It’s hard to believe more than three years have passed since we “broke the sky” on the Nemours/Alfred I. duPont Hospital for Children expansion. At 450,000 square feet, this $270M project represents the most significant bricks and mortar investment Nemours has made in the Delaware Valley since the original Alfred I. duPont Institute expanded to […]
News Release: HCP Named Global Healthcare Leader by GRESB
IRVINE, Calif.–(BUSINESS WIRE)–Sep. 9, 2014– HCP (NYSE:HCP) has been named the Global Leader for the Healthcare Sector by the Global Real Estate Sustainability Benchmark (GRESB). This marks the third consecutive year that HCP ranked #1 among all survey respondents within its sector. “We are honored to be recognized again as the Global Healthcare Leader by […]
News Release: Carter Validus Mission Critical REIT Acquires Bay Area Regional Medical Center Property
(Tampa, FL) Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”) announced that it acquired a 60% interest in the Bay Area Regional Medical Center property (the “Property”), a newly constructed acute care hospital in the Houston suburb of Webster, TX. An affiliate of Medistar Corporation, the developer of the Property, retains the remaining 40% interest […]
News Release: Just Sold – The Oaks Medical Building, Lady Lake, FL
Global Healthcare Services Recently Sold The Oaks Medical Building Lady Lake, FL 27,992 SF Class A Medical Building PSF: $378 Cap Rate: 6.99% Sale Date: July 31, 2014 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services 949.608.2115 ghogan@ngkf.com Brent Barnes Senior Managing Director Global […]
News Release: Stained glass windows donated to hospital
Hospital developer Duke Realty donated $16,000 windows for the chapel of the newly opened Mercy Rehabilitation Hospital Springfield as part of ongoing efforts to enhance patient healing SPRINGFIELD, Mo., and INDIANAPOLIS, Sept. 3, 2014 – The chapel of the recently opened Mercy Rehabilitation Hospital in Springfield, Mo., now is graced with beautiful $16,000 stained glass […]
News Release: Gilbane’s Summer Construction Economics Report Predicts Strong Industry Growth Could Be Slowed by Skilled Labor Shortage
Good News/Bad News Scenario: Forecasted Growth Will Be Impacted by Fewer Trained Workers, Reducing Productivity Providence, RI – September 3, 2014 – Gilbane Building Company, an award-winning, global leader in the construction industry, today announced the Summer 2014 edition of its in-house economics report, Building for the Future – Construction Economics: Market Conditions in Construction. […]
News Release: Brookdale and HCP Complete Previously Disclosed Creation of $1.2 Billion CCRC Joint Venture and Amendment of Former Emeritus Leases
NASHVILLE, Tenn. & IRVINE, Calif.–(BUSINESS WIRE)–Sep. 2, 2014– Brookdale Senior Living (NYSE:BKD) and HCP (NYSE:HCP) today announced the closing of their previously disclosed multiple-element transaction, including: i) the creation of a $1.2 billion strategic joint venture initially owning a portfolio of 14 entry fee CCRCs, and ii) amendments to the triple-net leases on 202 HCP-owned […]
News Release: Duke Realty’s Deeni Taylor to speak at InterFace Healthcare Real Estate Conference
Executive Vice President of Healthcare and two other panelists will present ‘How the Shift to Off-Campus, Freestanding Outpatient Facilities is Changing the Development Business’ DALLAS and INDIANAPOLIS, Aug. 27, 2014 – Indianapolis-based commercial real estate developer Duke Realty announced that Deeni Taylor, Executive Vice President of Healthcare, will be presenting at the 2014 InterFace Healthcare […]
News Release: NexCore Breaks Ground on Medical Office Building on Holy Cross Health Campus in Germantown, Maryland
9,491 SF Medical Office Building Being Developed on First New Hospital Campus in Montgomery County in 35 years SILVER SPRING and GERMANTOWN, Md., and DENVER, Aug. 27, 2014 – NexCore Group, a national healthcare real estate developer, has broken ground on a 79,491 square foot medical office building (MOB) on the new Holy Cross Health […]
Entries now open for second annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces the second annual awards program recognizing excellence in healthcare real estate. Entries are due Friday, Oct. 17, 2014. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real estate. The HREI Insights Awards are […]
News Release: Carter Validus Mission Critical REIT II Acquires Its First Property
Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced that it acquired its first property, Cy-Fair Surgery Center, a 13,645 square foot ambulatory surgery center located in Houston, TX. The facility is located on the campus of Cypress Fairbank Hospital, which offers convenient access for patients and physicians and nearby hospitals that serve […]
News Release: Ryan Companies US, Inc. Hires Erwin Effler III as Vice President of Development – Health Care
Minneapolis (August 22, 2014) — Ryan Companies US, Inc. is pleased to announce Erwin Effler III has been hired as Vice President of Development – Health Care in the North Region. In his new position, Erwin works closely with health systems, physician groups, and other healthcare providers across the nation facilitating their growth strategies through […]