Feature Story: Behavioral health takes center stage
Demand is strong for services and facilities, but roadblocks are holding up development, according to panel at InterFace Healthcare conference By John B. Mugford NASHVILLE, Tenn. – As the country has dealt with the COVID-19 pandemic in recent years, behavioral health has become a national concern as more and more people struggle with a variety […]
News Release: Medcore Partners Has Been Awarded the Exclusive Leasing Assignment for Five Assets Totaling over 550,000 SF of Healthcare Realty’s Plano and Carrollton Portfolio
NEWS PROVIDED BY MedCore Partners Dec 06, 2022, 10:00 ET DALLAS, Dec. 6, 2022 /PRNewswire/ — MedCore Partners, LLC (“MedCore”) has been awarded the exclusive leasing assignment for Healthcare Realty’s (“HRT”) Plano/Carrollton portfolio consisting of more than 550,000 square feet across five medical assets. Kyle Libby, Michael Collins, and Thomas Byers will market the properties on […]
News Release: Texas Kicks Off Construction of New Psychiatric Hospital in Dallas
NEWS RELEASE Texas Health and Human Services Commission Cecile Erwin YoungHHS Executive Commissioner December 5, 2022 AUSTIN – The Texas Health and Human Services Commission, UT Southwestern Medical Center, and Children’s Health hosted a groundbreaking ceremony to celebrate the start of construction on the state’s newest psychiatric hospital in Dallas, The Texas Behavioral Health Center […]
News Release: Alcresta Therapeutics Announces Move to New Corporate Headquarters in Waltham, MA
Waltham, MA—December 5, 2022—Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel enzyme-based products, today announced that it has moved its corporate headquarters to the Stony Brook Office Park in Waltham, MA. The new facility will combine the company’s corporate office personnel, formerly headquartered in Newton, MA, and its research and […]
News Release: More Class A industrial space set for development in Johnston County
December 6, 2022 County Commissioners Approve Plan for Up To 295,000-Sq.-Ft. Spec Space in Benson Johnston County, N.C. – December 5, 2022. Johnston County’s inventory of high-quality industrial space is set to continue growing as E.D. Parker Corporation finalizes plans for a speculative building in Benson that will span from 275,000 square-feet to 295,000 square-feet. […]
News Release: Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs
Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs Investment further establishes the Kalamazoo, MI site as one of the most technologically advanced science facilities in the world, expanding access to Pfizer’s breakthrough medicines. LANSING, Mich., Dec. 5, 2022– Today Governor Gretchen Whitmer announced that Pfizer Inc. will be investing […]
News Release: Sold – Award-Winning Specialty Hospital & MOB – Wichita, KS
SOLD WICHITA, KANSAS AWARD-WINNING SPECIALTY HOSPITAL & ADJACENT MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning Kansas Spine & Specialty Hospital (KSSH) and the adjacent medical office building (collectively, the Portfolio). Located in Wichita, KS, Kansas Spine & Specialty Hospital is […]
Life Sciences: Boston gives the OK to three big new LSRE developments
GI, Oxford and Marcus get approval for separate projects totaling more than 1.1 million s.f. By Murray W. Wolf Despite the recent slowdown in life sciences activity, Boston officials recently gave the green light to three big new life sciences real estate (LSRE) projects totaling more than 1.1 million square feet. During its Nov. 17 […]
News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Class A Office/Medical Building in San Diego for $8.1 Million
For Immediate Release SAN DIEGO, Calif. – November 30, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding office/medical project of 26,945 square feet in Escondido (San Diego), California. Located at 800 W Valley Pkwy, the two-story property sold for $8.1 million to an owner/occupier. The buyer was The […]
News Release: TCC Breaks Ground on 282,700-SF Life Science Development in Seattle; Pre-Leases 124,000 SF
Seattle, WA | November 30, 2022 Rendering of 1916 Boren exterior Trammell Crow Company (TCC), a global commercial real estate developer, and partner Washington Capital Management, on behalf of their clients, have broken ground on a new life science development in Seattle. Rising 11 stories, 1916 Boren will include 282,700 square feet of life science […]
News Release: Davis to begin developing 35,000-square-foot Eagan Specialty Center in Eagan, Minn.
Located in a highly visible, accessible location off Highway 55, this will be the first multi-tenant medical office building developed in Eagan in the past decade MINNEAPOLIS and EAGAN, Minn., Nov. 30, 2022 – Minneapolis-based developer Davis announced that it will soon begin construction on a 35,000-square-foot multispecialty clinic and ambulatory surgery center (ASC) in […]
News Release: Thomas Park Investments Launches $75 Million Value-Add Fund
Partners with insurance company to lead the investment vehicle November 30, 2022 10:25 AM Eastern Standard Time ANNAPOLIS, Md.–(BUSINESS WIRE)– – Thomas Park Investments today announced it has secured commitments for a $75 million value-add fund. The Fund, known as Thomas Park Growth Fund I, has the capacity to acquire $250 million of real estate. […]
News Release: AEW Capital Management and Flagship Healthcare Trust form joint venture and acquire eight ambulatory surgery centers across the country
CHARLOTTE, N.C. — AEW Capital Management L.P. (AEW) and Flagship Healthcare Trust (Flagship REIT), a Charlotte-based healthcare real estate investment trust, are pleased to announce the formation of a joint venture and subsequent acquisition of eight ambulatory surgery centers (ASCs) across seven states in a series of successive transactions. This portfolio of ASCs includes 145,561 […]
News Release: Just Financed – Ionis Pharmaceuticals Campus
Capital Markets | Healthcare & Life Sciences Just Financed State-of-the-Art Life Sciences Campus 100% Absolute Net Leased to Ionis Pharmaceuticals Transaction Highlights Date Closed 10/20/2022 Size 246,699 GSF Leased 100% Ionis Pharmaceuticals Campus CBRE U.S. Healthcare and Life Sciences Capital Markets has arranged acquisition financing for the Ionis Pharmaceuticals Campus (the “Campus”), located in Carlsbad, […]
Feature Story: Lending lull in the HRE sector
HREI editorial board members discuss the current difficulties associated with debt By John B. Mugford Spooked by economic uncertainty, most major publicly traded healthcare real estate (HRE) lenders have “put their pencils down” for the rest of 2022, making it difficult for developers and investors to obtain debt. So 2023 development and sales volume will […]