News Release: NexCore Group Breaks Ground on the Hunt Regional Healthcare Specialty Hospital and Medical Office Building in Royse City, Texas
May 23, 2023 The state-of-the-art specialty hospital and emergency room facility will expand healthcare access to a rapidly growing community east of Dallas Today, NexCore Group, a national healthcare, life sciences, and seniors housing real estate developer, announced they broke ground on the new Hunt Regional Healthcare Medical Office Building (MOB) in Royse City, Texas. […]
News Release: FCPT Announces Acquisition of two Fast Pace Health Properties for $4.9 Million
MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Fast Pace Health properties for $4.9 million. Fast Pace Health is an urgent care provider with […]
News Release: CBRE Announces $29 Million Sale of 68,845-SF Medical Office Building in Long Beach, California
Los Angeles – May 15, 2023 – CBRE has announced the sale of Atlantic Medical Center, a 68,845-sq.-ft, purpose-built medical office building in Long Beach, to a private buyer for $29 million. CBRE’s Michael Longo, Mark Shaffer, Todd Tydlaska , Sean Sullivan, Anthony Delorenzo represented the seller, LA-based Jamison Properties, in the transaction. Located at […]
News Release: Medical Services Building On Mclaren Health Care Campus Within The University Health Park Named After Hall Of Fame Coach Tom Izzo, His Wife Lupe, And Their Family
Naming of the medical services building recognizes the Izzo family’s commitment to the community. MAY 09, 2023 Gillespie Group announced the name of their Medical Services Building, opening June 2023 in the University Health Park, today as the “Izzo Family Medical Center” named after Michigan State University’s Basketball Coach Tom Izzo, his wife Lupe, and […]
News Release: Kelsey-Seybold Announces New Tanglewood Clinic
HOUSTON (May 4, 2023) – Kelsey-Seybold Clinic announced plans today to build a 20,000-square-foot clinic in Mid-West Houston near Hunters Creek Village and Tanglewood. The new clinic will be located at 6401 Woodway Drive, Houston, TX 77057, near the Second Baptist Church Woodway Campus and replaces the current Tanglewood Clinic, which has served patients for […]
News Release: Trammell Crow Selects Transwestern To Lease The John Carlyle Center For Health & Wellness
ALEXANDRIA, Va., May 3, 2023 – Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Healthcare Advisory team has been selected by Trammell Crow Company as its leasing partner for The John Carlyle Center for Health & Wellness, a 107,326-square-foot medical mixed-use development at 765 John Carlyle Street in Alexandria, Virginia. Transwestern’s Joseph McCormick, Ken Smondrowski […]
News Release: Hammes breaks ground on new medical office building in Buckeye, Arizona
Milwaukee, WI and Buckeye, AZ, May 2, 2023 – Hammes, a nationally recognized leader in healthcare development, broke ground on a new 48,000-square-foot, multi-tenant medical office building in Buckeye, Arizona on May 1. Conveniently located at the southeast corner of Watson Road and Sundance Parkway, the new Buckeye Medical Plaza will be visible from Watson […]
News Release: ANCHOR HEALTH PROPERTIES LAUNCHES $2M RENOVATION TO ATLANTA MEDICAL OFFICE BUILDING
Transwestern Leases 90,379 SF Property on Wellstar Windy Hill Hospital’s Campus APRIL 26, 2023 – ATLANTA – Transwestern Real Estate Services (TRS) announces Anchor Health Properties has launched a $2 million renovation program at The Pavilion at Windy Hill, a 90,379-square-foot medical office building at 2550 Windy Hill Road SE in Marietta, Georgia. Transwestern’s Steve […]
News Release: Montecito Medical Acquires Another Medical Office Property in Virginia
ROANOKE, Va., Apr. 27, 2023 — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 209,000-square-foot medical office property in Roanoke, Virginia.The two-story building is tenanted by Carilion Children’s Clinic. “This is a remarkable medical real estate asset located in an attractive market area,” said Rus Gudnyy, Senior Vice President of Investments […]
News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area
NASHVILLE, Tenn., Apr. 25, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio […]
News Release: NexCore Group Named 2023 Top Outpatient Healthcare Real Estate Developer
NexCore Group was named the 2023 Top Healthcare Real Estate Developer for starting or completing over 723,000 SF of developer-owned healthcare real estate in 2022. DENVER, April 25, 2023 (Newswire.com) – NexCore Group has been named a 2023 Top Outpatient Healthcare Real Estate Developer by Revista’s Outpatient Healthcare Real Estate Development survey. From January to […]
Feature Story: Surprising strength
Development surpassed pre-pandemic levels in 2022 By Murray W. Wolf The year 2022 was a challenging one for healthcare real estate (HRE) developers. Steadily rising construction costs and inflation made construction more expensive. Rising interest rates also made debt more expensive – or unavailable altogether as some lenders “put down their pencils” for a time. […]
News Release: McCarthy Building Companies Breaks Ground for Extensive Expansion and Renovation for Saint Luke’s East Ambulatory Surgery Center (Lee’s Summit, Mo.)
Highlight is the 62,000-square-foot vertical addition above existing facility April 18, 2023, Lee’s Summit, Mo. – McCarthy Building Companies in Kansas City recently broke ground on the 113,913-square-foot expansion and renovation of Saint Luke’s East Ambulatory Surgery Center in Lee’s Summit, Missouri. The ambulatory surgery center was founded in 2006 to meet the growing needs […]
News Release: Cross Region Group Breaks Ground On Duval Station
Medical and retail center coming soon to North Jacksonville JACKSONVILLE, Fla. (April 12, 2023) – Cross Regions Group, a multifaceted company specializing in commercial real estate services, proudly announces construction is underway at Duval Station, a mixed-use development offering more than 100,000 square feet of professional and medical offices and retail space on 9 acres […]
News Release: NexCore Group Breaks Ground on New Medical Office Building and Ambulatory Surgery Center in Westfield, IN
NexCore Group brings convenient, comprehensive medical services to the Westfield community with the development of the Westfield Medical Office Building and Westfield Ambulatory Surgery Center DENVER, April 7, 2023 (Newswire.com) – NexCore Group, a national healthcare, life sciences, and seniors housing real estate developer, broke ground on the new, state-of-the-art Westfield Medical Office Building and […]