Feature Story: Optimism returns in the HRE sector as rate cuts loom
InterFace ‘State of the Industry’ panelists foresee investors, lenders coming back By John B. Mugford After a two-year slump in sales transactions and development activity, there is optimism in the air in the healthcare real estate (HRE) business, with some caveats – or at least one big one. That big caveat is, of course, the […]
News Release: Onicx Group Announces Acquisition of Lafayette Medical Building, First Asset in $50 Million Healthcare Real Estate Fund
LAFAYETTE, IN / ACCESSWIRE / September 17, 2024 / Onicx Group (Onicx) is proud to announce the acquisition of the Lafayette Medical Building, a 25,000-square-foot Class A medical outpatient building located in Lafayette, Indiana. This acquisition marks the first investment in Onicx’s newly established $50 million healthcare real estate fund. Built in 2021 and positioned […]
News Release: Catalyst and Heitman Announce Major Expansion and Renovation of Ochsner Lafayette General Orthopedics & Sports Medicine Institute
September 16, 2024 PENSACOLA, FLA. – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, and Heitman, a $50 Billion global real estate investment management firm, announced the beginning of a $19 million renovation and expansion project for Ochsner Lafayette General Orthopedics & Sports Medicine institute. “This building has been a […]
News Release: Simone Development Companies and Fareri Associates Join with Burke Rehabilitation to Celebrate Ribbon Cutting at Purchase Professional Park for Expansion of Burke’s Outpatient Therapy Facility
PURCHASE, NY — September 16, 2024 — Simone Development Companies and Fareri Associates joined with Burke Rehabilitation on September 12 at Purchase Professional Park to celebrate the ribbon cutting of its expanded Purchase/Fairfield Outpatient Therapy Site at 3020 Westchester Avenue. Elected, business, and clinical leaders from across Westchester and Fairfield counties gathered to tour the […]
News Release: MCB Science + Health Acquires Four-Story, 72,000 Square Foot Outpatient Medical Building in Naperville, Illinois For $28 Million
Chicago, IL (September 9, 2024) – MCB Science + Health has executed the acquisition of 1331 West 75th Street, a more than 72,000 square foot Outpatient Medical Building in Naperville, Illinois, for $28 million. Known as iMed Naperville Medical Office, the four-story asset was 96 percent leased and occupied at the time of the sale […]
News Release: Elliott Bay Acquires Medtail property in Vernon Hills, IL
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company specializing in essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced the acquisition of Hawthorn Commons, a 48,942 square-foot Medtail property located in Vernon Hills, IL. The multi-tenant building is anchored by Northwestern […]
News Release: Just Closed ✅ $28M Naperville Medical Office | “AA-“ Hospital Anchor
Greenstone Partners successfully sold the iMed Naperville Medical Office Building, a Class-A, multi-tenant medical office asset located in Naperville, Illinois, a prestigious suburb of Chicago. The asset, located at 1331 West 75th Street, sold for $28,000,000 or $386 per square foot. The property is 96% leased to a strong mix of medical tenants, including its […]
News Release: Cleveland Clinic Children’s Expands Primary Care and Specialty Services in Akron
New location offers families enhanced access to high-quality pediatric care. AKRON, Ohio: Cleveland Clinic Children’s held a ribbon-cutting ceremony today to celebrate opening its first pediatric primary care and specialty services hub in Akron. The new services at Cleveland Clinic Akron General’s Medical Office Building, 676 South Broadway St., complement women’s healthcare available on site. […]
News Release: Flagship Healthcare Properties Announces Development of Ambulatory Surgery Center for South Baldwin Regional Medical Center in Foley, AL
FOR IMMEDIATE RELEASE Date: SEPTEMBER 11, 2024 Foley, AL — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the development of South Baldwin Regional Medical Center Surgery Center, a state-of-the-art ambulatory surgery center in Foley, Alabama. The center will be across the street from the South Baldwin Regional Medical […]
News Release: Dignity Health Announces Developer and Architecture Firm Selections for Folsom Ranch Advanced Ambulatory Care Center
New expansion to house a host of specialty services, outpatient surgery center and more. SACRAMENTO (September 10, 2024) – Dignity Health announced today that Perkins&Will and NexCore have been selected as the architect and developer for the new Advanced Ambulatory Care Center (AACC) at Folsom Ranch, just south of Highway 50. The AACC will expand […]
News Release: Turner Reaches Project Milestone for $102 Million Tennessee Oncology Medical Office Building Project
The project will improve healthcare in the Middle Tennessee region. Turner Construction Company celebrated the topping out of the $76.4 million Midtown Medical Office Building and $25.4 million Tennessee Oncology Tenant Improvements in Nashville, Tennessee. The final steel beam was signed by the workers and clients during the topping out celebration. The five-story, state-of-the-art cancer […]
News Release: Lee Health Announces Sept. 10 Opening of the New Complex Care Center at Cape Coral Hospital
September 6th, 2024 New center will serve growing Cape Coral population and help patients transition through the continuum of care Lee Health is pleased to announce the opening of the Complex Care Center at Cape Coral Hospital on Sept. 10. The new center, located inside of the hospital’s Medical Office Building, will help serve the […]
News Release: Vitalis buys 17,500 SF MOB on 15-Year Leaseback in Bozeman, Montana.
The transaction closed September 5, 2024. Vitalis has acquired a medical outpatient building located at 1905 W College St in Bozeman, Montana. The facility was developed in 2019 for SkinCare MT’s mohs surgery and clinical practice led by Dr. Aaron Bruce. SkinCare MT is the dominate regional practice offering dermatology, aesthetics and skin cancer treatement […]
News Release: Medical Office Building Completion Marks Major Milestone for $205 Million North Las Vegas Downtown Mixed-Use Commercial Redevelopment
29-Acre NLV Gateway is Largest Redevelopment in City’s History State of the Art MOB Represents City’s First New Office in Downtown Core since 1973 With New Construction, Agora Announces Lease with Pueblo Medical Imaging Services North Las Vegas, NV (September 5, 2024) – Agora Realty and Management (Agora), based in Calabasas, CA, and the City […]
News Release: Dental Clinic Relocates to Former Burger King Site
Saint Paul, MN | Tuesday, September 3, 2024 Relocating from their current spot in a multi-tenant building at the cross section of West 7th St and Montreal Ave in St. Paul,Saint City Dental is staying close to their patient base with a new practice. Groundwork started on the development site for Saint City Dental at […]