Companies & People: Morgan/Harbor completes construction of senior-focused MOB in Illinois
ROMEOVILLE, Ill. – Willowbrook, Ill.-based Morgan/Harbour recently completed constructing a 28,928 square foot MOB for Chicago-based Presence Health, an 11-hospital system, in Romeoville, about 25 miles southwest of downtown Chicago.
News Release: Hanley Investment Group arranges sale of 156,000 sf mixed-use retail center for $62 million in Arcadia, Calif.
Posted on February 24, 2017 Retail, Office and Medical Complex Sells for Nearly 98% of Asking Price CORONA DEL MAR, CALIF. – Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, […]
News Release: MPV Breaks Ground on Novant Denver Medical Building
Charlotte, NC (February, 2017) – MPV Properties (MPV) is pleased to announce the ground breaking of a new medical facility for Novant Health in Denver, North Carolina. MPV broke ground on the new 2-story 25,000 SF medical office building on February 24th. The building, which is expected to be complete in August of 2017, will […]
News Release: Piedmont to Operate Retail Clinics in Walgreens Stores in Atlanta Area
Clinical agreement also aimed at helping to improve care coordination and access across 27 retail clinic locations DEERFIELD, Ill. & ATLANTA – Feb. 22, 2017 – Walgreens and Piedmont Healthcare today announced that Piedmont Healthcare will operate and provide all clinical services at 27 retail health clinics located within Walgreens stores across the Atlanta […]
News Release: Crossroads Partners Awarded Management of Brand New 30,000 Square Foot Medical Office Building
Crossroads Partners added ten properties to its managed portfolio last year for a net increase of 800,000 square feet under management, a nearly 25% increase over 2015. Its brokerage division also experienced exceptional growth ending 2016 with over 1.34 million square feet represented for sale and lease, making Crossroads Partners one of the fastest growing […]
News Release: HFF closes $17 million sale of Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital
PHILADELPHIA, PA – February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate of George Comfort […]
News Release: Steward Health Care to Acquire Eight Hospitals from Community Health Systems
NEWS PROVIDED BY Steward Health Care System Feb 16, 2017, 16:15 ET BOSTON, Feb. 16, 2017 /PRNewswire/ — Steward Health Care System (“Steward”) today announced it has signed an Asset Purchase Agreement to acquire eight community hospitals affiliated with Community Health Systems (“CHS”). The transaction is expected to close in the second quarter of 2017, subject […]
News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania
FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]
News Release: Lankenau Medical Center planning to enhance and expand emergency department
LANKENAU MEDICAL CENTER FEBRUARY 16, 2017 NEWS RELEASES The $52.8 million dollar expansion project is expected to be complete in early 2019 Lankenau Medical Center, part of Main Line Health, received approval from the Main Line Health Board of Governors to move forward with an Emergency Department Expansion Project. Originally built to handle 35,000 visits per year, […]
News Release: UCHealth’s new outpatient health center to provide primary care, specialty care and a surgery center for Denver, Cherry Creek residents
Five-story building with four-level underground parking garage at 100 Cook Street brings access to advanced care and clinical trials close to home Aurora, Colo. (February 16, 2017) – Patients throughout Cherry Creek and metro Denver will soon have access to additional health care options, close to home, at UCHealth’s new health center at the intersection of […]
News Release: SSM Health Names Laura Kaiser as Next President and CEO
February 14, 2017 05:00 PM Eastern Standard Time ST. LOUIS–(BUSINESS WIRE)–Following a nationwide search, the SSM Health Board of Directors has selected Laura Kaiser as the health system’s new President/Chief Executive Officer. Kaiser will begin with SSM Health on May 1 and replace William P. Thompson, who will retire at the end of April after […]
News Release: Children’s Healthcare of Atlanta Breaks New Ground to Meet Growing Demand for Care
Campus at North Druid Hills and I-85 to Include New Hospital ATLANTA (Feb. 9, 2017) – Children’s Healthcare of Atlanta announced today major developments in its strategy for expanding to serve more children. The not-for-profit organization’s plans include a new pediatric hospital at its campus at North Druid Hills Road. “As the only freestanding pediatric healthcare system […]
News Release: Trigild Closes $35.5 Million Dollar Receivership Sale of Encino Office Building
Press Release (ePRNews.com) – SAN DIEGO – Feb 07, 2017 – Trigild, a San Diego-based real estate firm specializing in property/asset management and fiduciary services, has announced the $35.5 million receivership sale of the Encino Corporate Plaza. Located at 16661 Ventura Boulevard in Encino, Calif., the nine-story, 126,275-square-foot office complex was sold to an undisclosed […]
News Release: Just Sold: Key-Whitman Eye Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Key-Whitman Eye Center in Dallas, Texas. Sale Date: January 30, 2017 Building Size: 35,709 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Key-Whitman Eye Center (the “Property”) in Dallas, Texas. Lee Asher and Chris Bodnar of […]
News Release: MedEquities Realty Trust Makes $12.5 Million Investment In Acute Care Surgical Hospital In Houston
NEWS PROVIDED BY MedEquities Realty Trust, Inc. Feb 07, 2017, 06:30 ET NASHVILLE, Tenn., Feb. 7, 2017 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced it has made a $12.5 million investment in an acute care surgical hospital in Houston, Texas. The investment is in the form of a newly originated interest-only loan with […]