News Release: First Citizens Bank Provides $53.5 Million in Refinancing to Birmingham, AL Medical Office Facility with Rethink Healthcare Real Estate
NEW YORK, N.Y. — April 1, 2025 — First Citizens Bank today announced that its Healthcare Finance business provided $53.5 million in financing to an affiliate of Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza II in Birmingham, AL. Newly constructed in 2022, Grandview Plaza II covers over 140,000 square feet and is located […]
News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 /PRNewswire/ — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, […]
News Release: HealthPartners opens new specialty center in Woodbury
WOODBURY, Minn. (April 2025) – HealthPartners Specialty Center Woodbury is now open. Kraus-Anderson (KA) provided construction management for the nearly 56,000-square-foot facility located off Interstate 94 and Radio Drive. KA’s history with HealthPartners dates back to 1974. The multilevel specialty center was designed with patients in mind and offers 13 medical specialties, including allergy and […]
News Release: Novant Health breaks ground on Bluffton emergency department and medical office building
April 2, 2025 (Bluffton, S.C.) – Novant Health has officially broken ground on Novant Health Bluffton Emergency Department and Novant Health Bluffton Health Place, a new healthcare hub designed to expand access to high-quality medical care in the growing Bluffton community. Conveniently located off Buckwalter Parkway, the new facilities will provide residents with critical emergency […]
News Release: Archer and REDA to Transform Newport Beach Building into State-of-the-Art Medical Outpatient Center
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – A joint venture between Archer Property Partners (“Archer”) and Real Estate Development Associates (“REDA”) has acquired the 78,000-square-foot office building at 3300 Irvine Avenue, with plans to transform it into a state-of-the-art medical outpatient building (MOB). The partnership received unanimous approval from the Newport Beach Planning Commission in […]
News Release: Kraus-Anderson Phoenix begins new Advanced Spine and Pain Center in Phoenix
PHOENIX, Ariz. (April 2025) – Kraus-Anderson Phoenix has begun a new $6.5 million clinic and ambulatory surgery center for Advanced Spine and Pain (ASP). The new clinic, located at 1690 North 95th Ave. in Phoenix, is ASP’s 14th center in the Valley. Designed by Cotton Architecture and Design, the 12,717-square-foot medical office building includes a […]
News Release: AdventHealth Waterman begins expansion on inpatient rehabilitation unit
Published date: March 26, 2024 | Construction begins on a 10-bed expansion at AdventHealth Waterman TAVARES, Fla. – AdventHealth Waterman has begun a nearly $3 million construction project to expand its Inpatient Rehabilitation Center, growing from 12 to 22 beds. This unit helps patients recover from serious medical conditions, life-altering events or accidents such as […]
News Release: AdventHealth begins construction on its first St. Johns County facility, expanding emergency care access
Published date: March 25, 2025 | AdventHealth is bringing life-saving emergency care closer to home for St. Johns County residents with the groundbreaking of AdventHealth State Road 207 ER, a new off-site emergency department. This marks AdventHealth’s first facility in St. Johns County, a milestone moment for both the health care system and the community. […]
News Release: Pearl River Companies Announces Landmark Investment in Bastrop with Sendero, a 75-Acre Mixed-Use Destination
FOR IMMEDIATE RELEASE Houston, Texas- March 25, 2025 – Pearl River Companies, a Houston-based real estate investment and development firm, today announced a landmark investment in Bastrop, Texas, with the development of Sendero, a 75-acre open-air, mixed-use destination. Designed to support the growing needs of the Bastrop community, Sendero will provide modern conveniences while preserving […]
News Release: Atkins Companies and Denholtz Complete First Phase of Capital Improvement Project at the Medical Offices at Chappaqua Crossing
Chappaqua, N.Y. (March 25, 2025) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, and Denholtz, a leading privately held investment management firm, announce the completion of the first phase of a mulit-million dollar capital improvement project at the Medical Offices at Chappaqua Crossing, a 490,000-square-foot, 59-acre multi-tenant office […]
News Release: Emergency Department renovation, expansion to benefit patients, community
(San Antonio, TX) – Doctors, nurses, EMS first responders and leaders at St. Luke’s Baptist Hospital in the Medical Center donned hard hats and wielded sledgehammers this spring as they knocked down walls in their Emergency Department to kick off $18 million in renovations. These upgrades will transform 5,500 square feet of space into a […]
News Release: Gantry Secures $30 Million to Refinance Massachusetts Medical Office Building
Gantry Secures $30 Million to Refinance Massachusetts Medical Office Building Boston, Mass. (March 18, 2025) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $30 million permanent loan to refinance a 101,000-square-foot, four-story medical office building located at 40 Holland Street in Somerville, a suburban satellite of the greater […]
News Release: Baker Barrios Architects-Designed HCA Trident Medical Center Under Construction in North Charleston, S.C.
CHICAGO (March 20, 2025) — Baker Barrios Architects, a leading national multidisciplinary design firm, today announced the topping-off of a new 80,000-square-foot medical office building for client HCA Healthcare in North Charleston, S.C. The four-story facility, whose formal name is the HCA Trident Medical Center, will include clinical offices for the hospital’s cardiology, neurology and […]
News Release: Flagship Healthcare Properties acquires medical outpatient building and ambulatory surgery center in Grapevine, Texas
Property is now home to joint venture between Key Whitman Eye Center and Surgery Partners GRAPEVINE, TEXAS –Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of a Class A, 100% leased medical outpatient building (MOB) and ambulatory surgery center (ASC) in Grapevine, Texas. The 17,724-square foot property […]
News Release: Elliott Bay Acquires MOB in Georgetown, TX
SEATTLE – Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, in partnership with Pantheon, a leading global private markets investor, today announced the acquisition of a medical outpatient facility in Georgetown, TX. The property is fully leased to Georgetown Orthopedic Group, a wholly owned subsidiary of St. […]
