News Release: Charter Medical’s Innovation Hub Joins Innovation Quarter
Winston-Salem-based Charter Medical announced today it has established its new Innovation Hub in downtown Winston-Salem’s Innovation Quarter. The Innovation Hub features a state-of-the-art lab space where single-use studies for freezing, transportation, and protection will be performed to support the biopharma industry’s cold chain logistics process. Charter’s single-use engineering team continues to focus their decades of […]
News Release: Froedtert ThedaCare Health, Inc. Breaks Ground on New Health Campus in Oshkosh (wis.)
March 26, 2024 Oshkosh, Wis. — The combined health system of Froedtert ThedaCare Health, Inc. is announcing the groundbreaking of a new health campus in Oshkosh. The planned campus aims to expand convenient access to care for those living in Northeast and Central Wisconsin. As of Jan. 1, 2024, Froedtert Health and ThedaCare finalized the […]
News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks
Experienced owner unveils plans to convert existing Sorrento Mesa creative office building into spec lab to cater to region’s life sciences tenant demand Cushman & Wakefield leading leasing efforts for transformative project SAN DIEGO, Calif. – March 25, 2024 – King Street Properties (“King Street”) has unveiled plans for a new premier 60,000-square-foot speculative lab and life […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg (Va.) Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
Feature Story: Rising rates, costs catch up with the MOB development market
Revista report shows project starts fell 38.8%; also lists the largest developers of 2023 By John B. Mugford Although 2022 was generally considered to be a tough year for healthcare real estate (HRE) developers – the result of rising construction costs and inflation – the amount of medical outpatient building (MOB) space started or completed […]
News Release: Atkins Companies Collaborates with Renowned Surgeons to Bring Luxury Plastic Surgery Center to New York City
New York City, N.Y. (March 26, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, and renowned plastic surgeons, Dr. Oren Tepper, Dr. Evan Garfein and Dr. Arthur Perry announce the opening of Greenwich Street 497, a luxury aesthetics and plastic surgery center, located at 497 Greenwich Street […]
News Release: Sila Realty Trust, Inc. Announces the Appointment of Executive Vice President and Chief Investment Officer to Join Senior Leadership Team
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce the appointment of Christopher K. Flouhouse as Executive Vice President and Chief Investment Officer of the […]
News Release: Montecito continues fast pace in medical office deals in Q1
Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic / Peoria, IL Alpine Orthopaedics / North Logan, Logan, & Brigham City, […]
News Release: BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property
Norges Bank Investment Management Closes on 290 Binney Street Joint Venture BOSTON–(BUSINESS WIRE)–BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall […]
News Release: Health First and Gilbane Building Company Have Officially Broken Ground on the New Cape Canaveral Hospital and Medical Office Building in Merritt Island
NEWS PROVIDED BY Gilbane Building Company Mar 24, 2024, 17:00 ET Located in Brevard County, the state-of-the-art 120-bed hospital will provide innovative modern acute care treatment MERRITT ISLAND, Fla., March 24, 2024 /PRNewswire-PRWeb/ — Gilbane was thrilled to join the groundbreaking celebration during ‘3-2-1 Day’ in Brevard County, a special tribute to the region’s 3-2-1 area […]
News Release: Geisinger Wyoming Valley Medical Center cuts ribbon on medical office building (Wilkes-Barre, Pa.)
Published Mar. 22, 2024 WILKES-BARRE, Pa. – Geisinger officials held a ribbon-cutting ceremony on Thursday, March 21, to commemorate the completion of the Medical Office Building at Geisinger Wyoming Valley Medical Center. The five-floor outpatient specialty facility, scheduled to open for patient care on March 25, encompasses more than 165,000 square feet and will house […]
News Release: Simone Development Companies, Fareri Associates Celebrate Ribbon Cutting for Release Recovery’s First NYS Outpatient Facility at Purchase Professional Park
PURCHASE, NY – MARCH 22, 2024 – Simone Development Companies and Fareri Associates joined with Release Recovery yesterday at Purchase Professional Park to celebrate the ribbon cutting of the mental health company’s new 7,698 SF outpatient facility at 3020 Westchester Avenue. This is Release Recovery’s first outpatient treatment facility in New York State. From left […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of $85.5 Million Healthcare Portfolio in Arizona and Texas
TAMPA, Fla.–(BUSINESS WIRE)-– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of five Class A healthcare facilities located in Arizona and Texas (the “Portfolio”), for a contract purchase price of $85.5 million. The […]
News Release: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance
IRVINE, Calif. (March 21, 2024) – American Healthcare REIT, Inc. (NYSE: AHR) announced today its fourth quarter and full year 2023 results. Further, the company reported various subsequent-to-quarter-end items. Key Highlights: Reported GAAP net loss attributable to stockholders of $0.42 and $1.08 per basic and diluted share for the three and 12 months ended Dec. […]
