News Release: HCP Inc. Taps Transwestern to Lease 100,000 SF Medical Office Development in Pearland, Texas
35 Percent Preleased Development Slated for Completion in First-Quarter 2015 (JULY 15, 2014 – HOUSTON) – Transwestern’s Houston headquarters today announces it has been awarded the leasing assignment by HCP Inc. [NYSE: HCP] for a 100,000-square-foot, medical office development on the Memorial Hermann Pearland Medical Center campus. Construction began on June 30, 2014 on the […]
For Sale: Strategically Located Medical Office Portfolio: Nashville, TN
Nashville Medical Office Portfolio – 131 French Landing Drive, Nashville, TN 37228 – 200 Gleaves Street, Nashville, TN 37115 The Offering CBRE, Inc. is pleased to offer the Nashville Medical Office portfolio for purchase as a multi-tenant medical office portfolio investment opportunity that is 93.74% occupied by strong regional medical tenants. The portfolio consists of […]
News Release: Gilbane Building Company Wins Engineering News Record’s 2014 Contractor of the Year Award for the Tri-State Area
Top Industry Publication Recognizes Gilbane as a Stand Out Among Contractors in New York, New Jersey and Connecticut New York, NY – July 14, 2014 – Gilbane Building Company today announced the company has been named“2014 Contractor of the Year” by Engineering News-Record (ENR) New York, a leading publication for the engineering and construction industry. […]
News Release: Avison Young negotiates sale of Sudley Manor House in Manassas, VA
Strong investor demand drives pricing beyond seller’s expectations Washington, DC – Keith Lipton, Avison Young Principal and Managing Director of the company’s Washington, DC office, announce today the sale of Sudley Manor House, a 78-bed assisted living and memory care community located at 7750 Garner Drive in Manassas, Virginia. The $14.1-million sale is the second […]
News Release: Seavest and Ciminelli top off and expand unique Conventus Medical Office project in Buffalo, N.Y.
Research firms prompt partners to add 50,000 square feet to the Buffalo Niagara Medical Campus building. BUFFALO, N.Y., July 10, 2014 – White Plains, N.Y.–based Seavest Healthcare Properties LLC and its development partner, Ciminelli Real Estate Corp., topped off the $110 million Conventus building in Buffalo May 21. Conventus, Latin for “bringing together,” was designed […]
News Release: Irgens Opening Office at The ASQ Center in Downtown Milwaukee
The ASQ Center – 648 North Plankinton, Milwaukee, WI 53203 Property Size: 989 – 18,650 SF Property Summary: The ASQ Center, formerly Gimbel’s and Marshall Fields department stores, is a renovated structure sitting along the Milwaukee River. Its location makes it ideal for retail and office users looking for a premier building with access to […]
News Release: Major Consumer Healthcare Innovator Coming to SkySong
Theranos, Which Eyes Revolutionizing Lab Testing Industry, To Have Significant Presence in New SkySong 3 Building SCOTTSDALE, Arizona (July 10, 2014) — A major consumer healthcare innovator shaping the future of lab testing will plant a significant flag at SkySong, the ASU Scottsdale Innovation Center. Theranos, based in Palo Alto, California, has leased a 20,000-square-foot […]
News Release: HFF arranges $72 million financing for seniors housing community in Costa Mesa, California
IRVINE, CA – HFF announced today that it has arranged $72 million in financing for Vivante on the Coast, a 185-unit, newly-built seniors housing community in Orange County, California. HFF worked on behalf of the borrower and borrower’s affiliated developer, Nexus Companies (“Nexus”), to secure the three-year, 3.75 percent floating-rate loan through a specialty finance […]
News Release: Array Architects Welcomes Healthcare Systems Engineer
Array Architects is pleased to announce the addition of Laura Silvoy. As a Healthcare Systems Engineer, she will collaborate on projects firm-wide, enhancing our teams’ ability to deliver enhanced project results through more rigorous data analysis. Laura partnered with Array as an intern as she conducted research to complete her Master of Engineering in Healthcare […]
News Release: New Residence Will Serve Memory Care Needs
Commercial real estate firm MedProperties Holdings LLC is partnering with the LaSalle Group Inc. to develop the 46-bed Autumn Leaves of Gurnee, Ill., about 40 miles north of Chicago. The community, Autumn Leaves of Gurnee, which will be similar to the building pictured above, is expected to be completed in about 12 months. GURNEE, Ill., July […]
News Release: Griffin-American Healthcare REIT III Acquires Acworth Medical Complex Near Atlanta
ATLANTA (July 9, 2014) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT has acquired Acworth Medical Complex, an approximately 39,000-square-foot medical office building in the Atlanta suburb of Acworth. Located at 4769, 4791 and 4797 South Main Street, Acworth Medical Complex is […]
News Release: CNL Healthcare Properties Acquires Texas Specialty Hospital
REIT invests $76 million in Houston Orthopedic & Spine Hospital CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has purchased the Houston Orthopedic & Spine s portfolio. The Class A health campus includes a 126,946 square-foot, state-of-the-art specialty hospital, a 99,768 square-foot, multitenant medical office building and […]
News Release: NexCore Group Breaks Ground on 67,000 SF Ambulatory Care Center in North Dakota
St. Alexius Medical Center Partners with NexCore Group to Expand Its Presence in Minot, a North Dakota Boomtown Near the Bakken Oil Formation BISMARCK and MINOT, N.D., and DENVER, July 2, 2014 – NexCore Group LLC, a nationally ranked healthcare real estate developer, has broken ground on a 67,000 square ambulatory care center for St. […]
News Release: ERDMAN Welcomes New Vice President of ERDMAN Brand
Jenne L Meyer, Ph.D. brings 20 years of strategic marketing and consumer behavior to ERDMAN MADISON, Wis. (June 18, 2014) — ERDMAN, a national leader in healthcare consulting, facility planning, development and design-build, has hired Jenne L. Meyer, Ph.D. as Vice President of ERDMAN Brand. A senior-level marketing professional, Meyer brings more than 20 years […]
News Release: EMCOR Group, Inc. Subsidiary Awarded Contract for Operations and Maintenance at Fort Belvior Community Hospital and the Northern Region Medical Command
NORWALK, CONNECTICUT, June 27, 2014 – EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and building services for a diverse range of businesses announced that its subsidiary EMCOR Government Services (EGS) has been awarded contracts for operation, maintenance, and repair of systems and services with […]