News Release: Saint Alphonsus Breaks Ground on Planned Medical Office Building in Caldwell
11/29/2023 Saint Alphonsus Health System will officially kick off construction on a new 4-story, 54,800 square-foot medical office building in Caldwell, Idaho at a groundbreaking ceremony on Wednesday, November 29, 2023 at 9:00 AM (MTN). The Caldwell community is experiencing significant growth and will benefit greatly from access to expanded health care services close to […]
News Release: Three Healthcare Tenants Expand and Extend at Atkins Companies’ Washington Township, N.J. Medical Office Building
Washington Township, N.J. (November 29, 2023) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces lease expansions with Rowan Medicine,Weisman Children’s and Jefferson Health at the Washington Medical Arts Building, a 70,000±-square-foot medical office building located at 405 Hurffville Cross Keys Road in Washington Township, N.J. Acquired by […]
News Release: Weill Cornell Medicine to Open Medical Research Center at 1334 York Avenue
Institution’s Research Expansion Will Help Accelerate Innovation in Medicine, Delivering Advanced Treatments and Therapies to Patients NEW YORK (Nov. 28, 2023)—Weill Cornell Medicine is dramatically expanding its campus and research footprint in New York City by securing five floors of 1334 York Ave., the current home of Sotheby’s auction house, the institution announced today. Located […]
News Release: Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego
Alexandria and Lilly, which began their strategic relationship in 2008, are collaborating to support and accelerate the development of promising early-stage companies in the growing San Diego life science ecosystem PASADENA, Calif., Nov. 28, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of […]
News Release: Stage Equity Partners Affiliate Acquires Two-Building Medical Office Portfolio in Libertyville
P R E S S R E L E A S E Plans Aggressive Marketing/Leasing Effort For Prominent Well-Located Buildings LIBERTYVILLE, IL (November 27, 2023)—An affiliate of Stage Equity Partners LLC has acquired the two-building, 91,818-square-foot Hollister Medical Office Portfolio in north suburban Libertyville from Hollister Incorporated, an international medical supply manufacturer, which has […]
Cover Story: Helping those who help the patients
Realty Trust Group focuses on providing independent, strategic HRE advice By John B. Mugford An interesting thing to note about Realty Trust Group (RTG), the longtime healthcare real estate (HRE) firm based out of Knoxville, Tenn., is that “trust” is right in its name, which, of course, was by design. “We do have ‘trust’ in […]
News Release: Hammes Healthcare and OhioHealth break ground on new Women’s Center at Riverside Methodist Hospital
FOR IMMEDIATE RELEASE: Milwaukee, WI, November 21, 2023 – Hammes Healthcare, a leading provider of consulting and project delivery services, will be serving as OhioHealth’s project manager for the new Women’s Center that broke ground last month. The new OhioHealth Women’s Center will be a standalone facility located on the OhioHealth Riverside Methodist Hospital campus […]
News Release: Flagship Healthcare Properties acquires medical office building in Richmond MSA
Property is home to Richmond Pediatric Associates and Richmond Pediatric Dentistry & Orthodontics CHARLOTTE, N.C. (November 21, 2023) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) in Mechanicsville, Virginia. Located at 7521 Right Flank Road, the 15,000-square-foot property was purpose-built in 2014 by […]
Transactions: Remedy-Kayne make $70.7M purchase in Chicago suburb
The orthopedics-focused MOB in Oak Brook, Ill., is home to Rush University Medical Center By John B. Mugford In one of just a handful or so of single-asset, medical office building (MOB) sales to top $70 million during the slow-transaction year of 2023, the long-standing joint venture (JV) partnership of Chicago-based Remedy Medical Properties and […]
News Release: Echo Real Estate Capital, Inc. Acquires Carmel, Indiana Medical Office Building
FOR IMMEDIATE RELEASE Chicago, IL (November 2023) – Echo Real Estate Capital, Inc. (“Echo”) announces it has acquired Three Penn Mark, a 33,000 square foot medical office building located in the Penn Mark Plaza office park in Carmel, Indiana. This latest acquisition, located at 11455 N Meridian Street, is occupied by Ascension-St. Vincent, Turkle & […]
News Release: Thorofare Capital Provides $125.9 Million Senior Mortgage Loan for Mid-Atlantic Medical Facility Portfolio
FOR IMMEDIATE RELEASE Los Angeles, CA, November 20, 2023 – Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, LLC (“Callodine Group”), today announced it closed $125.9 million in financing for eight Class-A clinical medical facilities totaling more than 705,000 square feet located in the Greater Washington, D.C. Capital […]
News Release: MedStar Medical Group Expands at 810 Bestgate Road in Annapolis with Nearly 20,000 Square Foot Lease
Press Releases November 20, 2023 St. John Properties’ speculatively built medical office building is now 100% leased. BALTIMORE, MD – MedStar Medical Group, the largest healthcare network in the Maryland and Washington, D.C. region, has signed a lease with St. John Properties, Inc. for 19,739 square feet of space within 810 Bestgate Road, a four-story, […]
News Release: McHugh Construction Completes 5-Story Howard Brown Health Halsted on Chicago’s North Side
FOR IMMEDIATE RELEASE: CHICAGO (Nov. 16, 2023) — Chicago-based McHugh Construction today announced it has completed the construction of a new five-story healthcare facility and medical office at 3501 N. Halsted St. for Howard Brown, the Midwest’s largest LGBTQ healthcare organization in the city’s Lakeview neighborhood. The new federally qualified health center, which offers primary […]
News Release: Done Deal: Live from Brentwood, TN… Bluegrass & Behavioral Healthcare
Blueprint deploys behavioral healthcare marketing strategy to assist senior housing owner lease existing asset to behavioral healthcare provider Blueprint’s Behavioral Healthcare and Seniors Housing teams joined forces to successfully advise a regional senior housing owner to market for lease an existing assisted living and memory care community to be converted to a residential mental healthcare […]
News Release: Park Central’s Revitalization Continues with Flurry of Activity
New Tenants, Restaurants and Construction Continue Project’s Momentum PHOENIX (November 16, 2023) – A flurry of activity is taking place at the revitalized Park Central in Phoenix as the project’s momentum continues to build as its redevelopment continues. Several key milestones have occurred recently at the midtown Phoenix property, including new tenants, new restaurants, construction […]