Feature Story: 2015 HREI Insights Awards Winner: Best New MOB (100,000 S.F. or More)
It all came together in Buffalo, N.Y. New Conventus MOB provides important link to other healthcare facilities Facility name: Conventus Address, City, State: 1001 Main St., Buffalo, N.Y. Client: Conventus Partners LLC Product type: MOB Number of stories: 7 Square footage: 350,000 Site acreage: 2 Parking: 318 underground spaces Construction start date: February 2013 (site remediation) Construction complete […]
Feature Story: 2015 Insights Awards™ Finalists
Third year of HRE awards program attracts a record number of entries 1. Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet) Fleisher Smyth Brokaw LLC Cherry Hills Medical Plaza, Englewood, Colo. GE Aviation GE Family Wellness Center, Evendale, Ohio The Keith Corporation Boca Raton Reg’l Hospital Outpatient Center Deerfield […]
Feature Story: 2015 HREI Insights Awards Winner – Best Inpatient Facility
Parkland overcame many challenges The 2.5 million square foot hospital is the largest built in a single phase Facility name: Parkland Address, City, State: 5201 Harry Hines Blvd., Dallas Client: Parkland Health & Hospital System (PHHS) Product type: Hospital Number of stories: 17 Square footage: 2.5 million Site acreage: 64 Construction start date: October 2010 Construction complete date: Aug. 2015 Cost: $1.3 billion […]
Feature Story: Winners came from coast to coast
2015 HREI Insights AwardsTM top projects and people spanned the United States It was just a coincidence, but in 2014 there was a distinctly Southern flavor to the HREI Insights Awards™. Six of the seven award-winning projects, plus the Lifetime Achievement Award, all went to projects and people from the southern United States.
Feature Story: HREI Insights Awards Winner – HRE pioneer Jim Meadows recognized
He was one of the first to see the opportunity in the healthcare real estate sector By Murray W. Wolf The 2015 Healthcare Real Estate Insights™ Lifetime Achievement Award Winner, James O. “Jim” Meadows, 73, is truly one of the pioneers of the healthcare real estate (HRE) world. “When Jim led the first medical office […]
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (100,000 S.F. OR MORE)
Conventus, Buffalo, N.Y. Developer: Ciminelli Real Estate Corp. There was both a need and an opportunity for a signature facility to serve as the northern gateway at the massive Buffalo Niagara Medical Campus. The challenge for Ciminelli and its project team was to build a facility to house both healthcare providers and research firms on […]
Feature Story: 2015 HREI Insights Awards Finalists: HRE Executive of the Year
Michael Bennett & Philip Mahler Managing Directors, HFF Mr. Bennett and Mr. Mahler spearhead HFF’s national medical office building (MOB) capital markets group. Under their leadership, HFF has grown its MOB-focused business by adding two professionals in San Diego and Philadelphia, growing the group’s presence, and investment sales results, nationwide. While at HFF, Messrs. Bennett […]
Feature Story: 2015 HREI Insights Awards Finalists: Lifetime Achievement Award
James O. “Jim” Meadows Chairman Emeritus, Meadows & Ohly Mr. Meadows, who retired as president and chairman of Meadows & Ohly in 2004, and who still serves as chairman emeritus, was the founding principal of Meadows & Ohly, incorporating the firm two days before his 30th birthday, launching the company with partner Carl Ohly in […]
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (25,000-49,999 S.F.)
Carolina Orthopaedic & Sports Medicine Center, Gastonia, N.C. Developer: Brackett Flagship Properties LLC When Carolina Orthopaedic & Sports Medicine Center needed to grow, it selected a 12-acre tract adjacent to a local hospital. However, project costs were too high because of expensive site work and a building design that was 16 percent over budget. Enter […]
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (Less Than 25,000 S.F.)
Cherry Hills Medical Plaza, Englewood, Colo. Developer: Fleisher Smyth Brokaw LLC When planned, this project called for renovating an existing building. But when work began, it was found that the building was not as structurally sound as anticipated. Such a setback could have added six months to the construction schedule. But Fleisher Smyth Brokaw and […]
Feature Story: Awards program grows in third year
The HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 The HREI Insights Awards™ program is still rather young, introduced just two years ago, in 2013. But it has quickly grown in stature in the healthcare real estate (HRE) sector, and has already created some memorable moments.
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (50,000-99,999 S.F.)
Minnetonka Medical Center, Minnetonka, Minn. Developer: The Davis Group After unsuccessfully searching for more than year for a clinic site in Minnetonka, an affluent Minneapolis suburb, North Memorial Health Care brought in The Davis Group. Davis not only identified a site, it assembled the needed 5.2 acres by aggressively negotiating purchase agreements for seven commercial […]
Feature Story: 2015 HREI Insights Awards Finalists: Best Inpatient Facility
St. Anthony North Health Campus, Westminster, Colo. Developer: Centura Health The city of Westminster, north of Denver, desired healthcare services focused on whole body care, health and wellness. That was the impetus for the new St. Anthony North Health Campus, which some call the “hospital of the future.” The campus includes 92 private rooms, three […]
Feature Story: Greater than the sum of its parts
Providers discuss the impact of consolidation on the healthcare industry and healthcare real estate By Erin E. Porter Perhaps Greek philosopher Aristotle had the best explanation of why consolidation is all the rage in healthcare today. Aristotle once declared: The whole is greater than the sum of its parts. As his theory goes, individual components […]
Feature Story: Where is pricing? Where is it going?
An InterFace West panel discusses the current and future state of MOB cap rates By Murray W. Wolf Of all the information that healthcare real estate (HRE) professionals can gather about medical office building (MOB) sales, the data point that seems to mean the most is the capitalization (cap) rate. After all, the cap rate, […]