Companies & People

The 168,511 square foot McAuley Medical Center in Phoenix was the largest building acquired as part of the Dignity Health MOB portfolio. (Photo courtesy of NexCore Group)

News Release: Healthcare Trust of America Closes on Medical Office Portfolio in Arizona and Southern California

SCOTTSDALE, Ariz., May 9, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), the largest owner and operator of medical office buildings in the United States, announced today that it closed on the previously announced medical office building portfolio in Arizona and Southern California. The total consideration for the portfolio was approximately $150 million, […]

Photo courtesy of Colliers

Thought Leaders: Retail Dimensions of Health Care Report Part I (from Colliers)

Colliers International has released a new report: “Retail Dimensions of Health Care Report Part I.” Please see below for excerpts and a link to the full report. Examining the Increased Presence of Health Care in the Retail Setting The world of retail today is all about adapting to the rapidly evolving needs of consumers. Now, […]

News Release: Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction

Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction to Create a Premier Healthcare REIT May 07, 2017 21:15 ET | Source: Sabra Health Care REIT, Inc. Combined company to have a diversified portfolio of 564 investments across 43 states and Canada Transaction expected to be immediately accretive Credit enhancing to all stakeholders IRVINE, Calif. […]

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News Release: MedCraft completes 60,000 square-foot outpatient facility for Ascension Health in Howell, Mich.

MedCraft just completed another major project for Ascension Health. The Ascension Medical Center, a $13.5 million, 60,000 square-foot outpatient facility in Howell, Mich., (outside of Detroit) opened Friday. The new outpatient center will offer primary care services of family practice, internal medicine, obstetrics/gynecology and pediatrics. Specialties include cardiology, pulmonology and audiology. Other services include diagnostic […]

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News Release: Catalyst CRE Acquires White-Wilson Real Estate Holdings for $30.3M

Catalyst CRE Acquires White-Wilson Real Estate Holdings  (FORT WALTON BEACH, Fla.) May 5, 2017 — Healthcare real estate development firm Catalyst CRE recently acquired the real estate holdings of northwest Florida-based White-Wilson Medical Center.  The acquisition-leaseback deal includes 8 buildings and more than 144,000 square feet, purchased for nearly $31.3 million. The facilities will be […]

News Release: Ryan Companies Names New Senior Vice President of North Region

News Release: Ryan Companies Names New Senior Vice President of North Region

Ryan Companies US, Inc. Promotes Mike Ryan to Executive in Charge of its North Region Minneapolis, MN (May 3, 2017) — Ryan Companies US, Inc. announced today the promotion Mike Ryan to Senior Vice President – North Region Market Leader and executive in charge of its largest business unit (North Region) based in Minneapolis, MN. “Mike […]

David Martin (Photo courtesy of MBRE Healthcare)

News Release: MBRE Healthcare Names Martin SVP of Development

CHICAGO – MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division. MBRE Healthcare is a national, full-service real estate company that acquires, develops, leases, and manages healthcare facilities, along with its affiliated fund manager, ROA Holdings. “We’re very happy to have someone with David’s experience helping lead […]

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News Release: Dallas: Office/Medical Complex Changes Hands

Office/Medical Complex Changes Hands in Dallas DALLAS, May 2, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced  the sale of the Forest Green Office/Medical Complex, a four-building, 173,790-square-foot office complex in Dallas. “The asset was previously listed by multiple […]

News Release: CHI Franciscan Health Receives Certificate of Need (CON) for Harrison Medical Center-Silverdale Expansion

News and Information May 2, 2017 The half-billion dollar investment will transform the quality of care for patients and families across Kitsap County CHI Franciscan Health, a premier health care provider in the Pacific Northwest, announced that the Washington State Department of Health (DOH) approved CHI Franciscan’s Certificate of Need (CON) requesting regulatory approval to […]

The $38 million, two-story, 106,000 square foot James A. Haley Veterans› Hospital Primary Care Annex in Tampa, Fla., developed, financed and owned by Duke Realty, set a new standard for efficient, patient-centered VA outpatient facilities.
(Rendering courtesy of Duke Realty)

News Release: Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion

Creates the Dominant Medical Office Platform with Significant Scale in Key, Gateway Markets Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it entered into a definitive […]

The $154 million, 459,717 square foot Baylor Charles A. Sammons Cancer Center, which was developed by Duke Realty, opened in Dallas in late March.
Photo courtesy of Duke Realty

News Release: Duke Realty to sell medical office business to Healthcare Trust Of America for $2.8 billion

Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT INDIANAPOLIS, IN — (Marketwired) — 05/01/17 — Duke Realty Corporation (NYSE: DRE) (the “Company”) entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical […]

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News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project

Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]

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News release: New Northside Hospital Cherokee Opens to Patients on May 6

Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]

Duke Realty will develop the 37,000-square-foot Facey Medical MOB in Santa Clarita, Calif., which is about 33 miles northwest of Los Angeles. The facility is expected to be completed in June 2018. (Rendering courtesy of Duke Realty)

News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California

The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017 – Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on […]

News release: Montecito Medical Announces West-Coast Office Expansion

Relocation reflects firm’s continued growth NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has expanded into a new, larger space for its financial and operations center in California. The new office, at 45 E. Rincon Street, Suite 208, in Corona offers 150 percent […]