Feature Story: Good news abounds in HRE sector
Revista reports record MOB sales; construction, absorption are also on the rise By John B. Mugford At a time when U.S. and international headlines have been full of bad news, there seems to be nothing but good news to report about the healthcare real estate (HRE) space. To start with, medical office building (MOB) sales […]
News Release: McCarthy Celebrates Topping Out of Cancer Center and Research Institute at CHRISTUS Mother Frances Hospital – Tyler (Texas)
85,000-square-foot cancer center will serve Northeast Texas Tyler, TX – March 7, 2022 – McCarthy Building Companies, Inc. has hit an important milestone in the construction of the Northeast Texas Cancer and Research Institute in Tyler, Texas. McCarthy, the general contractor on the project, and its trade partners celebrated “topping out” in February. A Cottonwood […]
News Release: Ozarks Healthcare opens New Medical Office Building, centralizes Specialty Services for Patients
Published on February 28, 2022 Ozarks Healthcare has opened a new Medical Office Building featuring over 20 specialties in one conveniently accessible location. Located adjacent to Ozarks Healthcare’s Shaw Medical Building and hospital, the expansion of approximately 100,000 new square feet includes specialty clinics and ancillary services, a new restaurant, coffee shop, gift shop, chapel, pharmacy, […]
News Release: Newest easyvet location signs at Doby’s Bridge
PRESS RELEASE Fort Mill, SC (February, 2022) – MPV Properties (“MPV”) and easyvet are pleased to announce the company’s newest location coming to The Crossing at Doby’s Bridge in Fort Mill, SC. Situated at the southeast intersection of Fort Mill Pkwy and N Dobys Bridge Rd, this will be easyvet’s first location in the Carolinas. The 1,599 […]
News Release: Kraus-Anderson to begin new Gundersen Tri-County Hospital and Clinic in Whitehall, Wis.
New hospital is an investment in rural healthcare WHITEHALL, Wis. (February 2022) – Kraus-Anderson (KA) is about to begin construction on Gundersen Tri-County Hospital, a new hospital and renovated clinic for Gundersen Health System in Whitehall, Wis. The new facility, which will replace the current 60-year-old hospital, serves Whitehall, Blair, Independence and surrounding communities. Construction […]
News Release: Mayo Clinic invests in facilities at Mayo Clinic Health System locations and in Florida to expand and enhance patient care
February 22, 2022 ROCHESTER, Minn. — In support of its “Bold. Forward.” strategic plan to transform health care over the next decade, Mayo Clinic announces major campus enhancement projects at Mayo Clinic Health System locations in La Crosse, Wisconsin, and Mankato, Minnesota, and Mayo Clinic in Jacksonville, Florida. “The COVID-19 pandemic has challenged and impacted […]
News Release: Ozarks Healthcare announces Grand Opening of New Medical Office Building
Published on February 10, 2022 West Plains, MO Ozarks Healthcare is announcing a grand opening date for its new Medical Office Building located at 1100 Kentucky Ave. Nearly 20 of Ozarks Healthcare’s specialty clinics and departments will be located in one conveniently accessible location at the new Medical Office Building. Community members are welcome to […]
News Release: The Howard Hughes Corporation® announces plans for $325 million rejuvenation of Lakefront District in Downtown Columbia®
First Tranche of Development to Include $45.8 Million New State-of-the-Art Medical Office Building DOWNTOWN COLUMBIA, Md., Feb. 8, 2022 /PRNewswire/ — The Howard Hughes Corporation® (NYSE: HHC) today announced that it plans to invest approximately $325 million in the Lakefront District in Downtown Columbia®, launching the next phase of the city’s rejuvenation. New development will […]
News Release: BMO Harris Healthcare Real Estate Finance provides a $12.4 Million Credit Facility for Rendina Healthcare Real Estate & BentallGreenOak
Chicago, February 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $12.4 million construction loan to Rendina Healthcare Real Estate and BentallGreenOak to finance a 35,124 GSF free standing emergency department and medical office building in Arlington, TN. The building is 100% pre-leased and features a strong […]
News Release: UChicago Medicine announces $633M proposal for city’s first freestanding cancer center
February 3, 2022 The University of Chicago Medicine plans to build a $633 million, 500,000-square-foot facility dedicated to cancer care on its medical campus on the city’s South Side, representing one of the largest investments made by the academic health system for patients and the community. The plan for Chicago’s first freestanding clinical cancer center […]
News Release: Optimal Outcomes Completes 68,000 SF Orthopaedic Facility
Completed in Q3 2021, the two-story, 68,000 SF Medical Office Building (MOB) in Vero Beach, FL offers a clean, modern aesthetic inclusive of an orthopaedic medical office suite on the ground floor, a rehabilitation suite on the second, and the addition of an Ambulatory Surgery Center also on the second floor. The first floor, anchored […]
News Release: Aurora Medical Center – Mount Pleasant (Wis.) now open to patients
The opening expands access to care in the fast-growing Racine County community Tuesday, February 1, 2022 Aurora Medical Center – Mount Pleasant opened to patients today, expanding access to care in the fast-growing Racine County community. The new campus is located at 13250 Washington Ave. in Mount Pleasant, WI, at the intersection of I-94 and […]
Feature Story: 2021 to break MOB sales record
Volume will top $16 billion when Revista discovers, adds up the year’s final transactions By John B. Mugford Total medical office building (MOB) sales volume last year is likely to surpass $16 billion, breaking the previous record of $15.6 billion, set in 2015. That’s according to Arnold, Md.-based Revista, a healthcare real estate (HRE) data […]
News Release: NexCore Group and CHRISTUS Southeast Texas Health System break ground on Gisela Houseman Medical Campus in Orange, Texas
FOR IMMEDIATE RELEASE The CHRISTUS-anchored, two-story, 55,000 s.f. Phase I building will house a 24/7 emergency hospital and key outpatient diagnostic services, with the remaining space leased to independent physicians ORANGE, Texas, and DENVER, Jan. 28, 2022 –Principals of NexCore Group and leaders with CHRISTUS Southeast Texas Health System, along with a […]
News Release: Kaiser Permanente to Build Medical Office Building in Baxter Village Mixed-Use Project
FOR IMMEDIATE RELEASE Wildomar, Calif. – January 26, 2022 – Kaiser Permanente announced today plans to build a medical office building on approximately 7 acres within the Baxter Village Mixed-Use Project located at the Northwest Corner of Wildomar Trail and Interstate 15 in the City of Wildomar. The property is entitled for a future 84,000 […]