News Release: Carle breaks ground on Carle at the Riverfront in Danville (Ill.)
06/17/2021 Carle celebrated the start of construction on its new medical campus today with a groundbreaking ceremony held at the site in Danville, Ill. The new facility, Carle at The Riverfront, will consolidate services currently at Carle Danville on Fairchild and Carle Danville on Vermilion and host more than 250 team members from these locations. […]
Feature Story: Where is HRE development heading?
Developers discuss rising prices, dwindling yields and the ‘light at the end of the tunnel’ By John B. Mugford Although medical office building (MOB) development opportunities seem to be strong as health systems nationwide are looking to expand their networks to off-campus locations, there are complications – both pandemic-related and non-pandemic-related — making the business […]
News Release: New 90,000 SF Medical Campus, Future Home of Center for Special Surgery to Break Ground (West Fargo, N.D.)
JUNE 11, 2021 On Friday, June 11, Center for Special Surgery (CSS) held a groundbreaking event for their new Medical Office Building located along 23rd Ave in West Fargo behind Costco with visibility from I-94. The new building is part of a 90,000 SF Class A medical campus that will house multiple clinics, including an […]
News release: GI Specialty Group Expanding into Vadnais Heights (Minn.)
NEWS RELEASE FOR IMMEDIATE RELEASE GI Specialty Group Expanding into Vadnais Heights MINNEAPOLIS (Thursday, June 10, 2021) – Groundwork started just after Memorial Day on an undeveloped site central to the Vadnais Heights community. The location, just off 35E on County Road E and Arcade Street, is the future home of a nearly 23,000 square […]
News Release: Maine Medical Partners Opens New Medical Office Building in Scarborough (Maine)
June 09, 2021 The office building brings together related practices in a regional center for specialty care with state-of-the-art equipment. PORTLAND, Maine – Maine Medical Partners (MMP) has opened a new 108,000-square-foot medical office building at 92 Campus Drive in Scarborough, bringing together neurology, neurosurgery, rehabilitative medicine, otolaryngology (ear, nose and throat) and vascular surgery […]
News Release: CaroMont Health Kicks Off Construction for New Hospital, Medical Campus in Belmont (N.C.)
06-08-2021 By CaroMont Health This week, CaroMont Health marked the beginning of construction of a new hospital and medical campus in Belmont. Part of CaroMont Health’s commitment to invest more than $300 million in new and expanded facilities in and around Gaston County over the next three years, CaroMont Regional Medical Center-Belmont is scheduled to […]
News Release: RPAI Announces Development Plans At Carillon, Its Mixed-Use Development Project In Prince George’s County, Maryland
Press Release OAK BROOK, Ill., June 7, 2021 /PRNewswire/ — Retail Properties of America, Inc. (NYSE: RPAI) (the “Company”) today announced that it is planning on commencing construction on the first building at Carillon, its mixed-use development located in Largo, Maryland. Construction on The Ella, a 125,000 square foot medical office building, will begin in […]
News Release: MedCraft Healthcare Real Estate Expands Across Arizona to Serve Rapidly Growing Southwest Market
Significant health system projects in Tucson, Yuma and Flagstaff in partnership with MedCraft provide greater facility optimization, physician alignment and patient access to care June 02, 2021 12:07 PM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–MedCraft Healthcare Real Estate, a national leader in the development, financing, and management of ambulatory care and medical office buildings, has established […]
News Release: Star Valley Health Breaks Ground for the Expansion of its Alpine Clinic
FOR IMMEDIATE RELEASE May 24, 2021 Madison, Wis. – ERDMAN recently celebrated the groundbreaking for the expansion of Star Valley Health’s (SVH) Alpine Clinic. Located in Wyoming, the project has been years in the making. “It represents SVH’s commitment to serving local patients and will allow SVH to carry out its vision in leading health […]
News Release: Alleghany Health Announces Major Construction Milestone Toward Completion of Medical Office Building
May 21, 2021 News Alleghany Health, an affiliate of Wake Forest Baptist Health and Hugh Chatham Memorial Hospital, today announced the completion of a major milestone in the construction of the new Medical Office Building. On Friday, May 21, construction crews completed the steel set (a major milestone) for a new two-story Medical Office Building […]
News Release: PREIT and Cooper University Health Care Finalize Transaction for Moorestown Location
165,000 square foot premier outpatient facility highlights the Company’s innovation in expanding its appeal to new occupants NEWS PROVIDED BY PREIT May 19, 2021, 06:55 ET PHILADELPHIA, May 19, 2021 /PRNewswire/ — PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, today announced the finalization of transactions associated with bringing Cooper University Health […]
News Release: McCarthy Breaks Ground on Cancer Treatment and Research Center on CHRISTUS Health – Tyler Campus
85,000-square-foot center will provide outpatient care Tyler, TX – May 18, 2021 – McCarthy Building Companies, Inc. has broken ground on the Northeast Texas Cancer and Research Institute, an innovative new cancer center in Tyler, Texas. A Cottonwood Development project, the 85,000-square-foot facility center is located on the CHRISTUS Mother Frances Hospital – Tyler campus […]
News Release: New Era Companies announces 1Q 2021 development activity, launch of $25m NEMI Fund IV
Grapevine, Texas – May 18, 2021 New Era Companies, LLC today announced the opening of 2 healthcare assets in Louisiana and Indiana, and the commencement and development of a new Inpatient Rehabilitation Hospital in Overland Park, KS. In addition, New Era Companies, LLC successfully launched its recent healthcare real estate equity fund, $25m NEMI Fund […]
News Release: Kraus-Anderson begins $8 million Ambulatory Surgery Center in Tucson, AZ
Kraus-Anderson and MedCraft team to build Ambulatory Surgery Center at TMC HealthCare’s Rincon campus in Tucson, Ariz. TUSCON, Ariz. (May 2021) – Kraus-Anderson has begun construction on a state-of-the-art Ambulatory Surgery Center at TMC HealthCare’s Rincon campus located at 10360 Drexel Road in Tucson, Ariz. TMC HealthCare and MedCraft Healthcare Real Estate, a national health care real […]
News Release: Steward Health Care To Build New $227 Million Wadley Regional Medical Center In Northwest Texarkana
Southwest General Hospital To Become Texas Vista Medical Center Medical campus spanning nearly 400,000 square feet will bring full suite of state-of-the-art technology and services to region by Summer 2024 Texarkana, Texas (May 11, 2021) – Having served the Texarkana community for more than 120 years, Wadley Regional Medical Center will soon break ground on […]