Companies & People: NGKF healthcare team brokers sale of three MOBs for $117.74M
NEWPORT BEACH, Calif. – The Global Healthcare Services team at Newmark Grubb Knight Frank (NGKF), which has major offices in Newport Beach, Calif., and Atlanta, recently represented the sellers in the closing of three significant MOB transactions. The team is composed of Todd Perman and Garth Hogan, both of whom are executive managing directors, and […]
Companies & People: Buffalo contracting firm is awarded $226 million contract for medical sch
BUFFALO, NY. – LPCiminelli has made a name for itself rather quickly in healthcare development in the Buffalo area. The general contracting firm was recently awarded the construction bid for the second, and largest, phase of the future University at Buffalo School of Medicine and Biomedical Sciences project. The contract is worth $226 million, which, […]
Companies & People: Michael Huaco leaves Kaiser Permanente, now with McKesson Corp.
SAN FRANCISCO – During his time at Oakland, Calif.-based Kaiser Permanente, Michael Huaco often represented the company on various panel discussions at healthcare real estate conferences. And rightly so, as Mr. Huaco was the VP of corporate real estate and business strategy for the giant health insurance and healthcare provider that owns well over 64 […]
Companies & People: Regional healthcare developer bolsters team in New York
FISHKILL, N.Y. – Westage Cos., a regional healthcare development firm in an area about 50 miles north of New York City, has been adding people to its team in recent months. Among the additions, Lisa Westerfield has been hired as the associate VP of business development. Ms. Westerfield recently worked in the Philadelphia area as […]
Companies & People: HFF adds to its healthcare platform
Formerly at Savills, Philip B. Mahler joins company’s medical real estate team By John B. Mugford HFF continues to beef up its national healthcare real estate practice. In January, the company hired well-known healthcare real estate (HRE) professional W. Michael Bennett as a managing director focused on medical real estate transactions. So far, 2014 has […]
Companies & People: Velocis to raise $300M for next fund
Private equity firm hopes to target larger medical and retail assets and portfolios By Dan Larson In March of 2013, Velocis Fund LP completed its final closing on its first fund, aptly titled Velocis Fund I. Since that time, the Dallas-based private equity real estate fund has been working hard on Velocis Fund II, which […]
Companies & People: Optimal Outcomes to develop MOB
Firm plans mid-2015 opening for 38,000 square foot facility in Tampa, Fla., area By Dan Larson Optimal Outcomes LLC of St. Petersburg is expanding its brand to Brandon, Fla. The city is situated just 12 miles east of Tampa and is one of Florida’s fastest growing communities. The real estate developer plans to break ground […]
Companies & People: Ensemble becomes real estate advisor to Phoenix Children’s Hospital
PHOENIX – After years of partnering on various projects, Phoenix Children’s Hospital and Ensemble Real Estate Solutions have agreed on a long-term union, making Ensemble the hospital’s exclusive real estate advisor. The Phoenix-based healthcare real estate (HRE) firm will oversee 12 leases in nine locations with 116,000 total square feet.
Companies & People: Lincoln Harris providing leasing at two MOBs; negotiates lease at another
DALLAS – Charlotte, N.C.-based Lincoln Harris CSG is in the midst of providing leasing services for two separate healthcare developments – one a remodeling project – underway in the Dallas area.
Companies & People: HCP teams with Transwestern to lease Houston MOB
HOUSTON – HCP Inc. (NYSE: HCP) in recent months broke ground on a 100,000 square foot Class A MOB on the campus of Memorial Hermann Pearland Medical Center in Pearland, Texas, outside of Houston. To lease up the new building, HCP has tapped national real estate firm Transwestern.
Companies & People: More Companies & People News
■ Brasfield & Gorrie recently completed the $16 million Healthplex Performance Center in Madison, Miss. The Birmingham, Ala.-based firm was the general contractor for the two-story, 100,000 square foot sports complex and MOB, which includes a training floor with strength and cardio equipment, indoor walking track, indoor pool, therapy pools, indoor field house and athletic […]
Companies & People: JLL is marketing several offerings
Firm’s healthcare brokers also plan to put several other deals on the market By John B. Mugford Three medical office building (MOB) deals are currently on the market from the Healthcare Capital Markets Group at Jones Lang LaSalle (NYSE: JLL), including one that hit the market just recently. For one of the offerings, JLL has […]
Companies & People: Healthcare Real Estate Capital assists in three deals, opens Chicago office
NEW YORK – New York-based Healthcare Real Estate Capital (HRE Capital) was recently involved in three healthcare real estate transactions. In one of them, HRE Capital secured financing for AW Property Co. in its acquisition of a 51,681 square foot, two-MOB portfolio in Tampa, Fla. The on-campus, single-tenant MOBs have long-term lease agreements with publicly-traded […]
Companies & People: Marcus & Millichap broker closes five MOB sales in second quarter
SAN DIEGO – The second quarter proved to be a good one for one of the healthcare real estate (HRE) sector’s well-known professionals, John Smelter of Marcus & Millichap (NYSE: MMI). During the quarter, Mr. Smelter, a senior director of the firm’s Healthcare Real Estate Group in San Diego, negotiated the sale of five MOBs […]
Companies & People: As part of growth plan, Charlotte-based Brackett Flagship makes new hires
CHARLOTTE, N.C. – Charlotte, N.C.-based Brackett Flagship Properties recently added four new employees to support what it calls its “continued growth.” The new hires are C. Thorn Baccich Jr.; Ryan Dawson; Matt Schindelholz; and John Klawitter. Mr. Baccich joins Brackett Flagship Properties from Carolinas Healthcare System, where he spent four years in the system’s Real […]