News Release: Kraus-Anderson completes M Physicians Clinic renovation
ST. LOUIS PARK, Minn (July 2023) – Kraus-Anderson (KA) has completed a renovation of the University of Minnesota Physicians (M Physicians) St. Louis Park Clinic on the 2nd floor of the Park Place East Building located at 5775 Wayzata Boulevard in St. Louis Park, Minn. Designed by HDR Architects, the 11,886-square-foot project was constructed […]
News Release: Montecito Medical Acquires Medical Office Property in California
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 32,300-square-foot medical office property in Visalia, California. The multi-story building is 100% leased by Kaweah Health. The facility is situated on the campus of the 581-bed Kaweah Delta Medical Center, the area’s largest hospital.“We are thrilled to add this outstanding, on-campus medical […]
News Release: Northside breaks ground on Buford complex
Construction is underway on a major new medical facility in one of the busiest areas of Gwinnett County. Officials from Northside Hospital Gwinnett, Physicians Realty Trust and Realty Trust Group broke ground Wednesday, June 28, on Northside Medical Buford. The 100,000-square-foot facility is at 2800 Buford Drive, Lawrenceville, across from The Exchange at Gwinnett and adjacent […]
News Release: Montecito Medical Acquires Pediatric Medical Building in Raleigh, NC
Nashville, Tenn., July 5, 2023 — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 15,153-square-foot medical office building in Raleigh, North Carolina. The property is 100% occupied by Raleigh Pediatric Associates. “We are delighted to acquire this prime medical office asset and to enter into a long-term relationship with […]
News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions
JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years. BOSTON, June 29, 2023 – JLL Capital Markets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which […]
News Release: Remedy Medical Properties and Medical Facilities Holdings complete Physician Surgical Network MOB/ ASC near San Antonio
PSN has moved into the new 59,741-square-foot medical office building and ambulatory surgery center in Westover Hills, Texas and begun performing surgeries WESTOVER HILLS, Texas, and CHICAGO, June 28, 2023 – Chicago-based Remedy Medical Properties and its development partner San Antonio-based Medical Facilities Holdings (MFH) announced that they have completed a new 59,741-square-foot medical office […]
News Release: Ryan Companies to Develop Medical Office Building in Scottsdale
Building is 80% preleased with City of Hope Phoenix and Exalt Health as anchor tenants SCOTTSDALE, Ariz. (June 28, 2023) – Construction of a Class A, multi-tenant medical office building is underway at One Scottsdale. Ryan Companies US, Inc. is developing, designing, and building One Scottsdale Medical, which will be located near the Loop 101 […]
Feature Story: Developers need to ‘add value’
InterFace Carolinas panelists say higher costs have changed the game By John B. Mugford According to statistics, healthcare real estate (HRE) development is on the rise throughout the country. As noted in the “What’s Trending?” feature at the bottom of this edition of the HREI™ weekly e-newsletter, a recent report from the U.S. Healthcare & […]
News Release: Southeast Denver’s Greenwood Plaza Renews Kaiser Permanente in Lease totaling 120,979 SF
Cushman & Wakefield represents landlord in transaction ENGLEWOOD, Colo. – June 27, 2023 – Cushman & Wakefield announced that One & Two Greenwood Plaza has extended its lease term with Kaiser Permanente for 120,979 square feet (sf) of space at the Class A office campus in Englewood (Denver), Colorado. Kaiser serves as the anchor tenant of the […]
News Release: Davis holds grand opening for 16,147-square-foot medical office building in Wayzata, Minn.
The Minneapolis-based healthcare real estate developer replaced a former office building in the downtown area with a state-of-the-art, Class A healthcare facility WAYZATA and MINNEAPOLIS, Minn., June 21, 2023 – Officials from Minneapolis-based Davis held a grand opening ceremony June 15 to celebrate the completion of the 16,147-square-foot, Class A Wayzata Specialty Center. Tailwind Pediatric […]
News Release: The S. Hekemian Group lands financing to develop Valley Hospital Surgery Center at “the District”
JLL Capital Markets led financing efforts for the District Building 4 development in Montvale, New Jersey MORRISTOWN, N.J., June 15, 2023 – JLL Capital Markets announced today that it has arranged construction financing and mezzanine equity for the District Building 4, a three-story, mixed-use building totaling 25,000 square feet of ground-floor retail space and 58,372 […]
News Release: PMB and Sutter Health announce groundbreaking for 100,000 square-foot medical office building in Roseville, Calif.
This new four-story, 100,000 sq.-ft. medical office building broke ground and is expected to open in summer 2024 ROSEVILLE, Calif., June 7, 2023 /PRNewswire/ — PMB, a leading healthcare real estate developer, in partnership with Sutter Health, has broken ground on a 4-story, 100,000 square-foot medical office building in Roseville, CA. PMB and Sutter Health […]
News Release: Mayo Clinic Board of Trustees approves enabling projects for Bold. Forward. Unbound. in Rochester
June 5, 2023 ROCHESTER, Minn. — Bold. Forward. Unbound. in Rochester is a multiyear strategic initiative to help achieve the Mayo Clinic’s strategy to Cure, Connect and Transform health care. The project reinforces Mayo Clinic’s commitment to the City of Rochester and State of Minnesota. The initiative focuses on reimagining Mayo Clinic’s downtown Rochester campus, […]
News Release: CareTrust Expands in Texas with New Operator Relationship
SAN CLEMENTE, Calif., June 2, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 125-bed skilled nursing facility located in the greater Houston metropolitan area. The facility will be operated by an affiliate of Evergreen Health Group, LLC, a new tenant relationship for CareTrust. Evergreen Health Group is a Texas-based operator of […]
News Release: Building 2200 opens on Northside Gwinnett campus
Published on May 26, 2023 The Northside Hospital Gwinnett Medical Office Building 2200 has opened in Lawrenceville. The building is located on the campus of Northside Hospital Gwinnett, at 2200 Medical Center Blvd. Two tenants opened their offices Monday, May 22: Northside Gwinnett Outpatient Surgery Center and Northside/Medical Center Imaging. Northside Gwinnett Outpatient Surgery Center, […]