News Release: Avison Young completes $10.75-million sale of medical-office building in Pasadena, CA
Los Angeles, CA – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed the $10.75-million sale of a 17,632-square-foot (sf) medical-office building in Pasadena, CA in an off-market transaction. Avison Young Principal Michael Dettling, who is based in the firm’s North Los Angeles office and specializes in healthcare […]
News Release: Bradley Company Expands to Indianapolis
Two key hires start in Indianapolis market Indianapolis, IN – July 15, 2015 – Bradley Company is proud to announce an expansion into Central Indiana and the opening of an Indianapolis office. It’s a move into a major market for the company whose accelerated growth began in May of 2013 with the opening of additional […]
News Release: CBRE Announces Sale of More Than 1.5 Million SF of Medical Facilities During Q2 2015
Transactions List Ventas Medical Office Portfolio (21) TX, FL, MO, IL, WY, WA, OH, NC, MI, AZ 637,929 SF April 2015 Indiana Orthopaedic Hospital and MOB Indianapolis, IN 176,000 SF June 2015 Bend Memorial Clinic Medical Building Bend, OR 105,000 SF May 2015 Paoli Medical Plaza Paoli, PA 99,059 SF April 2015 Pinnacle at Eagles Landing Stockbridge, GA 85,190 SF June 2015 […]
News Release: McCarthy Building Companies Awarded Surgery Expansion and Patient Tower Project at Erlanger East Hospital in Chattanooga
$31 million project recently broke ground in Chattanooga CHATTANOOGA, Tenn. (July 13, 2015) – McCarthy Building Companies recently broke ground on a new patient tower and an expansion of the surgical center at the Erlanger East Hospital in Chattanooga, Tenn. Site work on the $31 million project began in May and comes on the heels […]
News Release: Memorial Hermann Health System Wins 2015 International TOBY Award IN Medical Office Category
Transwestern-managed Building is Only Houston Asset Among 15 International Winners (JULY 13, 2015 – HOUSTON) – Transwestern’s Houston headquarters today announces Memorial City Medical Plaza 4 of the Memorial Hermann Health System has been named “The Outstanding Building of the Year” (TOBY) in the 2015 Medical Office Building category by Building Owners and Managers Association […]
News Release: HFF secures $345 million in financing for Charles River Plaza North adjacent to Massachusetts General Hospital in Boston
BOSTON, MA – July 13, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $345 million in first mortgage and mezzanine financing for Charles River Plaza North, a 354,594-square-foot, state-of-the-art office/research building adjacent to and long-term leased by Massachusetts General Hospital (MGH) in Boston, Massachusetts. HFF worked on behalf of the […]
News Release: Reed Construction Selected for Remodel of MacNeal Hospital Rehab Facility
CHICAGO, July 9, 2015 – Reed Construction is pleased to announce its selection to complete an 11,250 square foot remodel of the Acute Care Rehabilitation Center at MacNeal Hospital, located at 3249 South Oak Park Avenue in Berwyn, Illinois. The healthcare facility chose Reed Construction to complete renovations, with work slated to begin this month. […]
News Release: Just Closed – Indiana Orthopaedic Hospital and MOB
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Indiana Orthopaedic Hospital and MOB in Indianapolis, Indiana. Sale Date: June 30, 2015 Building Size: 176,000 SF Years Built: 1997 & 2005 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Indiana Orthopaedic Hospital […]
News Release: New Report Indicates 2014 Was Best Year for Commercial Real Estate Development Since 2007; Projections Indicate 2015 Will be the Best Year of the Decade
4 Million U.S. Jobs Supported by development activity along with $528 billion in total economic contribution Texas Leads Nation for Commercial Real Estate Development Washington, D.C. | July 8, 2015 – The commercial real estate development industry in 2014 saw its best year since 2007, according to an annual report on the state of the […]
News Release: Rendina and Carolina Orthopaedics celebrate Carolina Coast Surgery Center grand opening
MURRELLS INLET, S.C., July 8, 2015 – Rendina Healthcare Real Estate and Carolina Orthopaedics celebrated the grand opening of the new 22,000 square foot Carolina Coast Surgery Center, located in Murrells Inlet, with a ribbon cutting and reception on Wednesday, June 24. Developed by Rendina, the new facility encompasses a surgery center on the ground […]
News Release: The Sanders Trust Completes $16 Million Inpatient Rehabilitation Hospital
BIRMINGHAM, Ala. –The Sanders Trust (TST) announced today that its newly completed Texas Rehabilitation Hospital, a $16 million facility in Arlington, Texas, is ready to admit patients. The state-of-the-art rehab hospital is owned by an affiliate of TST and is leased to a joint venture between Louisville, Ky.-based Kindred Healthcare Corporation (Kindred); Arlington-based Texas Health […]
News Release: HFF closes sale of medical office building adjacent to Santa Rosa Memorial Hospital in Santa Rosa, California
SAN DIEGO, CA – July 7, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of 121 Sotoyome, a 34,047-square-foot, medical office building in Santa Rosa, California. HFF sold the property on behalf of the seller, Sotoyome Medical Building, LLC. American Realty Capital Healthcare Trust II, Inc. purchased the […]
News Release: Hammes Company hires Jay Warden to lead Healthcare Advisory Services
Highly experienced healthcare consultant will assist the firm’s clients in the areas of strategy growth and facility planning MILWAUKEE and CHICAGO, July 7, 2015 – Leading healthcare consulting firm Hammes Company has appointed healthcare business development and growth strategy expert Jay Warden as Senior Vice President, heading the firm’s Healthcare Advisory Services division. Mr. Warden […]
News Release: Just Closed – Belmar Medical Building
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Belmar Medical Building in Lakewood, Colorado. Purchase Price: $6,300,000 Price Per SF: $206 Sale Date: June 29, 2015 Building Size: 30,650 SF Year Built: 1987, Renovated 2012 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale […]
News Release: Brackett Flagship Properties Names Gordon Soderlund As Executive Vice President
Charlotte, North Carolina June 30, 2015 – Brackett Flagship Properties, LLC is pleased to announce that Gordon Soderlund has joined the firm as Executive Vice President of Strategic Relationships. Gordon will be responsible for leading and overseeing the development and growth of strategic, profitable new business, as well as developing and enhancing key client relationships. Gordon […]