News Release: First new medical office bldg in 25 years on Providence Cedars-Sinai Tarzana Medical Center campus heads towards completion
FOR IMMEDIATE RELEASE Tarzana Medical Atrium Celebrates Topping-Off with Beam Signing Ceremony Final beam of the steel structure is in place as the project across from Providence Cedars-Sinai Tarzana Medical Center heads towards completion TARZANA, Calif. (June 4, 2019) – The new Tarzana Medical Atrium (TMA), on the campus of Providence Cedars-Sinai Tarzana Medical Center, […]
News Release: Fidelis begins construction of 100,000 square foot facility for SCL/Saint Joseph in Denver
FOR IMMEDIATE RELEASE Dallas-based developer to break ground June 5 for Saint Joseph Medical Office Pavilion on the hospital’s Uptown campus, offering residents new health, retail and restaurant options DENVER and DALLAS, June 3, 2019 – Residents of the Denver area will soon have access to more healthcare services, as well as new retail and restaurant […]
News Release: The Neenan Company Breaks Ground on Reno Orthopedic Clinic
FOR IMMEDIATE RELEASE May 29, 2019 Colorado-based design build firm expands patient care with 76,000-square-foot addition RENO, Nev — Colorado-based developer and design-build firm The Neenan Company has broken ground on a 76,000-square-foot addition to Reno Orthopedic Clinic in downtown Reno, Nevada. Located at 555 N. Arlington Ave in Reno, the four-story addition will connect to […]
News Release: HFFS advises on $1.25B sale of 55-building national medical office portfolio
NEW YORK, NY – May 22, 2019 – HFF Securities, L.P. (HFFS) and Holliday Fenoglio Fowler, L.P. (HFF) announced today that they have advised CNL Healthcare Properties, Inc. on its $1.25 billion sale to Welltower Inc. of a Class A medical office portfolio totaling 55 buildings across 16 states. HFFS was engaged in 2018 to […]
News Release: PMB led the nation in completed outpatient healthcare real estate projects in 2018
FOR IMMEDIATE RELEASE News Media Contact: Nicole LeMieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based firm ranked first among all third-party developers in the “Projects Completed” category of the newly released Revista Outpatient HRE Development Report SAN DIEGO, May 9, 2019 – The San Diego-based healthcare real estate (HRE) firm PMB completed more outpatient […]
News Release: Physicians Move into 250,000 sq. ft. Medical Office Building on June 3, Completing Sutter Health’s New Van Ness Campus in San Francisco
10-story facility integrates outpatient services with nearby hospital care NEWS PROVIDED BY Sutter Health May 08, 2019, 15:31 ET SAN FRANCISCO, May 8, 2019 /PRNewswire/ — Sutter Health today announced the June 3 opening of Sutter Pacific Medical Foundation’s (SPMF) Van Ness and Geary medical office building (or MOB) at 1100 Van Ness Ave. The building, owned by Pacific Medical Buildings, is a 10-story, […]
News Release: St. Cloud (Fla.) Regional Medical Center Continues To Expand With New Medical Office Building
May 8, 2019 St. Cloud (Fla.) Regional Medical Center is finalizing plans to break ground on a new on-campus, ambulatory Medical Office Building in May. The approximately 50,000 square feet, two-story building will be constructed on the corner of U.S. Highway 192 and Budinger Ave. in St. Cloud, Fla. It is expected to take approximately 12 […]
News Release: Amenity-Rich, Mixed-Use Design will Further Connect World’s Largest Medical Complex
May 01, 2019 Houston – Transwestern Development Co. (TDC®) today announces it has been selected to provide development services for the transformational TMC3 Campus by the Texas Medical Center (TMC) and the project’s Founding Institutions: Baylor College of Medicine, Texas A&M Health Science Center, University of Texas Health Science Center at Houston, and University of Texas MD Anderson Cancer Center. […]
News Release: PMB announces plans for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.
FOR IMMEDIATE RELEASE News Media Contact: Nicole Lemieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based healthcare real estate firm plans to start construction this summer for the new $17 million, Class A, two-story facility to be anchored by Carondelet Medical Group TUCSON, Ariz., and SAN DIEGO, May 1, 2019 – PMB, one of the […]
News Release: New Class A Medical Office Building Planned for Delray Beach: Addison Medical Pavilion
Kenneth Weston Healthcare Real Estate and Azure Development today announce the development of Addison Medical Pavilion. “There is a pent-up demand for medical space offering the newest and most advanced technology,” said Kenneth Weston, Chairman & CEO of Kenneth Weston Healthcare Real Estate, who is spearheading the developing and marketing of Addison Medical Pavilion. “Healthcare […]
News Release: Public-Private Partners Develop Four New VA Clinics
US Federal Properties Co. named developer of four new Veterans Affairs health clinics More than 225,000 Veterans and families will be served by the developer’s new VA health clinics, which are designed to deliver high-quality, patient-centered care in an environment that reflects VA’s commitment to Veterans and its evidence-based clinical practice. US Federal Properties Co. […]
News Release: Cook Children’s Expands with New Pediatric Hospital in Prosper
For Immediate Release Primary and urgent care expected to open in Fall 2019 Prosper, TX (April 25, 2019) – Cook Children’s Health Care System, which has a long history of caring for children in North Texas and beyond, is announcing plans to build a new children’s hospital in east Denton County in the Town of Prosper. Cook […]
News Release: Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center facility
April 25, 2019 For Immediate Release Mayor Solomon, Council President Merolla, & Ortho RI Break Ground on new medical office and surgery center Facility part of Carpionato’s bio-medical destination campus at Crossings Office Park WARWICK, RHODE ISLAND –Mayor Joseph J. Solomon and Council President Steven Merolla joined with shareholders of Ortho Rhode Island, Calspan and […]
News Release: NexCore Breaks Ground for CHI Health Clinic Millard in the Southwest Omaha metro
The 38,700 square foot facility will double the size of an existing clinic, providing a positive economic impact as well as convenient, high-quality, one-stop outpatient care Top: NexCore Group has begun development of the new 38,700 square foot CHI Health Clinic in Millard, Neb. Bottom: Ground was broken March 27 for the new clinic, which will […]
Development: MOB development remains on its steady course
Despite some potential headwinds for MOB construction, all signs, including the opinions of HRE professionals and data from research firms such as Revista, indicate strong results now and in the future By John B. Mugford During the boom years for medical office building (MOB) development prior to the Great Recession, financing was easy to get […]