News Release: Woodside Health Announces Acquisition of 851 @ Rampart – Las Vegas MSA
CLEVELAND, OH (July 16, 2024) – Woodside Health is excited to announce its acquisition of 851 @ Rampart in Summerlin, Nevada. The 2-story medical office building has approximately 51,000 rentable square feet and is located at 851 S. Rampart Blvd. “We are bullish on the Las Vegas MSA and this transaction represents our third healthcare […]
News Release: Alliance Formed to Acquire Elanco Campus
JULY 15, 2024, GREENFIELD, IN. – Hancock County based, Pride Investment Partners, NineStar Connect, and Hancock Health are thrilled to announce a strategic alliance called HealthStar Partners. Under this newly formed partnership, the group has acquired the South 20.4 acres of the Elanco campus, including the five primary Elanco buildings located at I-70 and […]
News Release: Robbins of Colliers Fully Leased North Andover (Mass.) Office Park
JUL 15, 2024 Colliers, a global leader in commercial real estate services, is pleased to announce that the 15 condominiums it represents at the North Andover Medical Park in North Andover, MA, are fully leased. “Andrew Robbins has been great to work with over many years. He is a tireless professional and always delivers exceptional […]
News Release: INCOG BioPharma Accelerates Expansion Plans
The Fishers, Indiana-based CDMO announces new investment for growth into second building, enhanced manufacturing capabilities FISHERS, Ind., July 15, 2024 /PRNewswire/ — INCOG BioPharma Services, a contract development and manufacturing organization (CDMO) specializing in sterile injectable biopharmaceuticals, is excited to announce a new investment to expand its manufacturing capabilities. The expansion includes the construction of a […]
News Release: Growing to meet community needs, IU Health announces construction of new hospital in Fort Wayne
FORT WAYNE, INDIANA – Indiana University Health has announced the next phase of its investment in the Fort Wayne community with the construction of a new hospital six years after opening its IU Health Primary Care Fort Wayne – South location. This represents a significant milestone for the state’s largest healthcare provider. The $421 million […]
News Release: Summit Health Signs Long-Term Lease Renewal and Expansion at 644 West Putnam Avenue in Greenwich, CT
Greenwich, CT – July 11, 2024 – Simone Development Companies and Fareri Associates announced that Summit Health has signed a long-term lease renewal and expansion totaling 19,853 square feet of medical office and urgent care space at 644 West Putnam Avenue in Greenwich, CT. Summit Health will renew its existing 14,243-square-foot space on the ground […]
News Release: UAB Medical West holds ribbon-cutting for new facility to open in early August
by Alicia Rohan July 11, 2024 UAB Medical West, an affiliate of the UAB Health System, has completed its new facility, with the intent of opening to the public in early August. A ribbon-cutting July 11 begins the transition from the former hospital location, where UAB Medical West has been since 1964, to the new […]
News Release: Newmark Arranges Sale of Medical Office Project in Scottsdale, Arizona for $11 Million
PHOENIX, July 11, 2024 — Newmark announces it has arranged the sale of 90 Mountain View I, a three-story 91,082 square-foot, Class A office and medical office project located at 9977 North 90th Street in Scottsdale, Arizona, a submarket of Phoenix. The asset sold for $11,000,000. Newmark Executive Managing Directors Barry Gabel, Chris Marchildon and […]
News Release: OhioHealth Medical Offices Open at OhioHealth Doctors Hospital
Columbus, OH, July 11, 2024 Today, OhioHealth announced the opening of newly renovated medical offices that will be attached to OhioHealth Doctors Hospital at 5131 Beacon Hill Road. This $20 million investment will improve space for patient care, recruit more physicians, bring more services to the west side, and improve physician and staff satisfaction and […]
News Release: JLL completes sale of 37,000 SF San Diego medical office building
JLL Capital Markets led the sales efforts for 450 4th Ave, which is on the campus of the Scripps Mercy Hospital Chula Vista SAN DIEGO, July 9, 2024– JLL Capital Markets announced today that it has completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista, California. JLL’s Medical Properties Group represented the […]
News Release: JLL’s Value and Risk Advisory platform expands alternatives group
Will Childs and Brian Spillers join the team focused on seniors housing and healthcare sectors CHICAGO, July 10, 2024 – JLL’s Value and Risk Advisory platform announced today that it has hired Senior Director Will Childs and Director Brian Spillers to focus on seniors housing and healthcare properties within its alternatives group, led by Executive […]
News Release: Lisa Bevacqua Appointed as Senior Managing Director For CBRE’s Investor Portfolio Management Group
Dallas – July 10, 2024 – CBRE today announced that Lisa Bevacqua will join the company as Senior Managing Director, Investor Portfolio Management (IPM), leading Brookfield Properties operated by CBRE. Earlier this year, CBRE announced a strategic partnership with Brookfield Properties to deliver comprehensive property management services for Brookfield Properties’ more than 65 million square foot […]
RETHINK: Announcing our Sustainability Report for 2023
We are excited to share our Sustainability Report for 2023 with the Rethink Healthcare Real Estate community! Over the past year, we’ve made significant strides in enhancing our sustainability and community practices across our properties. Through stakeholder engagement and advanced data monitoring, we’ve implemented ESG strategies tailored to meet the needs of our properties and […]
News Release: MidFirst Bank Closes $167 Million Loan Transaction to Bethany Children’s Health Center
Loan Will Support New Outpatient and Specialty Services July 10, 2024 OKLAHOMA CITY – MidFirst Bank, through its National Healthcare Lending division, is the lead bank in the financing for a new complex on the Bethany Children’s Health Center campus. MidFirst Bank and seven other local financial institutions provided loan funds totaling $167 million for […]
News Release: Sanford, Marshfield Clinic announce intent to combine
Marshfield Clinic Health System serves rural Wisconsin and Michigan’s Upper Peninsula Written by Paul Heinert July 10, 2024 Marshfield Medical Center in Marshfield, Wisconsin, is part of the Marshfield Clinic Health System serving rural areas of Wisconsin and Michigan. (Photo by Marshfield Clinic Health System) Sanford Health, the largest rural health system in the U.S., […]