News Release: A New Breed of Senior Living Community Is Coming to Pooler
POOLER, GEORGIA. March 6, 2017 Shepherd Health and Cobalt Seniors announce Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia. The joint venture has purchased the property from Southwest Quadrant Development and is developing the community with United Community Bank, architectural firm Erdman, and contractor […]
Transactions: Welcome back, TopMed team
Former ProMed Properties executives make first acquisition as new company By John B. Mugford For a time, between 2006 to 2012, New York-based ProMed Properties was a significant owner of medical office and healthcare properties up and down the East Coast. During that half dozen years or so, ProMed, a subsidiary of Tel Aviv, Israel-based […]
Companies & People: Flagship adds ‘healthcare’ to its name
Company is growing in all facets; adds Dev Gregg to lead development team By John B. Mugford It seemed like only a matter of time before Brackett Flagship Properties LLC changed its named to reflect the strong niche it’s carved out in the Southeast healthcare real estate (HRE) market. The Charlotte, N.C.-based company did just […]
Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.
GLENDALE, Ariz. – Jupiter, Fla.-based Rendina Healthcare Real Estate, which has six offices nationwide, has completed a 62,835 square foot MOB on the campus of Dignity Health St. Joseph’s Westgate Medical Center in Glendale, just outside of Phoenix.
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 […]