News Release: Innovative Office Space Inspires Inclusion and Illumination
Prism Health North Texas Moves into New Administrative Offices on Junius Street DALLAS – November 29, 2021 – Prism Health North Texas (PHNTX) is proud to introduce their new administrative and executive office headquarters and patient services center at 3900 Junius Street on the Baylor Medical Center Campus (BUMC). Located on the third floor of […]
Cover Story: Anchor has its biggest year yet
2021 saw the firm make acquisitions totaling about $900M; development and property management platform are also continuing to grow By John B. Mugford In just its fifth full year of having an acquisitions platform, one of the healthcare real estate (HRE) sector’s long-standing firms, Anchor Health Properties, had, by far, its best year of making […]
News Release: SRS’ National Net Lease Group Brokers the $2.89 Million Sale of a Single-Tenant Medical Office Property Occupied by Heartland Dental in West Palm Beach, FL
West Palm Beach, FL (November 24, 2021) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $2.89 million off-market sale of a single-tenant medical office property fully occupied by Heartland Dental. The 3,533-square-foot property is located at 8961 Okeechobee Boulevard in West Palm Beach, FL. SRS NNLG’s Executive […]
Feature Story: Mega deals, micro cap rates and new investment platforms
BOMA ‘Notable Transactions’ panel takes a closer look at some headline-grabbing deals By John B. Mugford So far, the year 2021 – a year in which healthcare real estate (HRE) has been elevated to unprecedented heights in the eyes of investors – has undoubtedly produced some notable acquisitions and deals in the medical office building […]
News Release: MedCraft Investment Partners Acquires Retail Healthcare Building in St. Paul
FOR IMMEDIATE RELEASE A 22,721 square-foot medical office building within high traffic retail shopping center Minneapolis, Minn. – November 23, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the fully leased medical office building further expanding their Minneapolis-St. Paul portfolio. The building located at 1390 University Ave […]
News Release: Northwestern Medicine Opens 50,000 Square-Foot Medical Office Building in Bloomingdale
NOVEMBER 23, 2021 The newly expanded and renovated Northwestern Medicine Medical Office Building in Bloomingdale, Illinois is now open. The 50,000 square-foot facility at 231-235 S. Gary Avenue is one of Northwestern Medicine’s largest outpatient facilities and features numerous medical specialties all under one roof. The project involved the acquisition of additional space and a […]
News Release: Landmark Land Holdings Sells 11-Acre Site to City of Alexandria’s Industrial Development Agency
IDA signs 99-year lease with INOVA for new Alexandria hospital NEWS PROVIDED BY The Howard Hughes Corporation Nov 23, 2021, 08:41 ET POTOMAC, Md., Nov. 23, 2021 /PRNewswire/ — Landmark Land Holdings, LLC—a joint venture that includes Foulger-Pratt, The Howard Hughes Corporation® (NYSE: HHC) and Seritage Growth Properties (NYSE: SRG)—today announced the successful sale of an […]
News Release: Montecito Acquires Endoscopy Center Medical Building in Sherman, TX
FOR IMMEDIATE RELEASE November 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building that is home to an endoscopy center in Sherman, Texas. The property, which offers 14,458 square feet of space, was completed in 2021. The building is […]
News Release: Construction To Begin Soon On New Baptist Health Hardin Outpatient Medical Pavilion
The $225.6 million facility is scheduled to open in 2024. Elizabethtown, KY (Nov. 19, 2021) – Ground preparation is underway to begin construction on Baptist Health Hardin’s new Outpatient Medical Pavilion. The $225.6 million facility is scheduled to open in 2024. The expansion marks the largest in the hospital’s nearly 70-year history. The investment far […]
News Release: Blaine Clinic Announces Expansion in New Location
NEWS RELEASE FOR IMMEDIATE RELEASE MINNEAPOLIS (Thursday, November 18th, 2021) – With medical construction picking back up in the Twin Cities, North Memorial Health recently broke ground on an undeveloped lot located on the southwest corner lot of Lexington Ave and 109th Street in Blaine. The new building will include North Memorial Health primary care […]
News Release: Montecito Medical Acquires Medical Building in Western Massachusetts
FOR IMMEDIATE RELEASE November 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building in West Springfield, Massachusetts, that includes an ophthalmic surgery center. The property, which offers 22,158 square feet of space, is leased to Eye and LASIK Center, […]
News Release: New Carbon Campus Opens (Lehighton, PA)
November 18, 2021 The new St. Luke’s Carbon Campus hospital will open 7 a.m., Saturday morning, Nov. 20. The Lehighton Campus Emergency Room will close simultaneously; however, other Lehighton Campus services such as The Summit Nursing and Rehabilitation Center, the Acute Rehab Center and Behavioral Health services will be unaffected and maintain normal operations. The first […]
News Release: Jim Pisula of Pisula Development leads design discussion at 2021 BOMA conference
The firm’s Chief Investment Officer shared his expertise on best practices and strategies on a panel about how healthcare design has changed post-COVID-19 THE WOODLANDS, Texas, Nov. 18, 2021 – Jim Pisula, Chief Investment Officer of The Woodlands -based Pisula Development Company moderated an educational panel at the 2021 BOMA International’s Medical Office Buildings + […]
News Release: Easterly Government Properties Completes Acquisition of VA – Chattanooga, the Third of 10 Properties in the VA Portfolio
November 18, 2021 09:00 AM Eastern Standard Time WASHINGTON–(BUSINESS WIRE)– Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of […]
News Release: Medical West Hospital breaks ground on new facility
November 17, 2021 Medical West Hospital Authority, an affiliate of UAB Health System, broke ground on its replacement facility on Wednesday, November 17. The new building, located at 4501 Bell Hill Road, is scheduled to open in 2024 and will include a 412,000 square foot, 9-story hospital with 200 beds and a 127,000 square foot, […]