Outpatient Projects: MOB project underway at former aircraft manufacturing campus in Long Beach, Calif.
LONG BEACH, Calif. – Urbana Development LLC has started construction of the $30 million, two-building, 90,000 square foot Douglas Park Medical Office Park near Long Beach Airport. Urbana, which is affiliated with Long Beach-based JR van Dijs Inc., a local construction and real estate development firm, says 65,000 square feet of the total square footage […]
Outpatient Projects: Kaiser unveils outpatient facilities
Provider completes Colorado and California centers; starts process for another By Murray W. Wolf Healthcare giant Kaiser Permanente recently opened new outpatient facilities in Lone Tree, Colo., and Oceanside, Calif., and started the approval process for another facility in Murrieta, Calif. The new 275,000 square foot Lone Tree Multi-Specialty Center in Lone Tree, a south […]
Outpatient Projects: Third-party MOB might fuel building of new facilities for Appalachian State U.
BOONE, N.C. – When officials of Appalachian State University (ASU) last year began exploring ways to use private funding to help underwrite the cost of a new academic building for their growing College of Health Sciences and Allied Professions, they considered student housing, retail and commercial offices. But it now appears that the public-private partnership […]
Outpatient Projects: Cornerstone starts MOB on hospital campus in Vicksburg, Miss.
VICKSBURG, Miss. – Cornerstone Companies Inc. recently started construction on an MOB in Vicksburg, a city on the banks of the Mississippi about 40 miles west of Jackson, Miss. The Indianapolis-based company – not affiliated with the Atlanta-based Cornerstone Development Partners mentioned on the facing page – says the on-campus MOB is scheduled to open […]
Outpatient Projects: Seavest boosts occupancy at recently acquired on-campus MOB in Virginia
FAIRFAX, Va. – As medical office building (MOB) transactions go, some involve fully occupied, stabilized assets that for the most part require the new owner to simply collect the rents. Other deals, however, involve the acquisitions of value-add facilities that require plenty of TLC to bring them up to snuff and strong leasing efforts to […]
Outpatient Projects: Atlanta firms chasing opportunity
Cornerstone, Stein propose $65 million medical complex near Piedmont Hospital By Murray W. Wolf A purported lack of Class A medical office space near Atlanta’s Piedmont Hospital has prompted a pair of hometown commercial real estate firms to propose a $65 million, seven-story, 161,000 square foot medical office and retail project for a site near […]
Outpatient Projects: Optimal Outcomes developing $8.8M outpatient clinic for Florida Orthopaedic
CITRUS PARK, Fla. – Optimal Outcomes of St. Petersburg, Fla., has broken ground for an $8.8 million, 26,500 square foot outpatient facility for Florida Orthopaedic Institute at 6119 Gunn Highway in Citrus Park, near Tampa. Optimal says it is developing the project in collaboration with Florida Orthopaedic Institute, the state’s largest ortho group.
Outpatient Projects: Duke Realty developing N.J. MOB
New facility slated for Palisades Medical Center campus in North Bergen By John B. Mugford New Jersey-based Palisades Medical Center and Indianapolis-based commercial real estate developer Duke Realty (NYSE: DRE) recently broke ground for a 57,000 square foot ambulatory building on the hospital’s campus in North Bergen, N.J., about 12 miles northeast of Newark. The three-story […]
Outpatient Projects: Duke Realty and St.Vincent break ground for 85,847 s.f. MOB near Indianapolis
CARMEL, Ind. – St.Vincent Carmel Hospital and Duke Realty Corp. (NYSE: DRE) announced March 3 that they have broken ground for the four-story, 85,847 square foot St.Vincent Women’s Center in this community about 30 minutes north of Indianapolis. The MOB is being developed at 13420 N. Meridian, on the campus of St.Vincent Carmel Hospital and […]
Outpatient Projects: Adult ED remodel project at New York Presbyterian gets a big donation and a name
NEW YORK – Without a $15 million gift from Morgan Stanley (NYSE: MS), a project to expand and upgrade the adult ED at New York Presbyterian/Columbia University Medical Center would not be taking place, according to health system officials. As a result of the donation, the newly rebuilt ED will be called Morgan Stanley Adult […]
Outpatient Projects: Rendina Cos. completes two MOBs
South Carolina and Virginia projects total $26 million and 92,500 square feet By Murray W. Wolf Jupiter, Fla.-based Rendina Cos. recently completed the development of new medical office buildings (MOBs) in South Carolina and Virginia – projects totaling $26 million and 92,500 square feet. A grand opening was held Jan. 14 for the Bluffton Medical […]
Outpatient Projects: Wisconsin firm to develop, own $48.2 million MOB on campus in Kennewick, Wash.
KENNEWICK, Wash. — A Wisconsin-based developer is in the midst of starting a new $48.2 million MOB on the campus of the future Southridge Hospital in Kennewick, in the southeast part of Washington state. Kennewick-based Trios Health, part of the Kennewick Public Hospital District, is building its new 74-bed hospital on 40 acres in the […]
Outpatient Projects: Partners complete Rhode Island MOB
Seavest, Trammell Crow finish work on $13.9 million project in Providence, R.I. By John B. Mugford White Plains, N.Y.-based Seavest Healthcare Properties LLC recently announced that an MOB that it financed and owns in Warwick, R.I., is open for business.
Inpatient Projects: Iowa system readies for big project
Genesis Health to spend $138.5 million on new space and renovations at campus By John B. Mugford One of the largest construction projects in the history of Davenport, Iowa, is also the largest project ever taken on by the area’s major healthcare provider, Genesis Health System. Work is expected to start in June on a […]
Outpatient Projects: NexCore Group starts MOB on new campus outside of Boise, Idaho
NAMPA, Idaho – An MOB under construction in Nampa, about 20 miles outside of Boise, Idaho, is using what the developer calls innovations in architecture and construction sequencing to optimize land utilization, shorten the build time and lower the project cost. The developer is Denver-based NexCore Group LP, which will own and manage the future […]