News Release: CHI Franciscan Health Receives Certificate of Need (CON) for Harrison Medical Center-Silverdale Expansion
News and Information May 2, 2017 The half-billion dollar investment will transform the quality of care for patients and families across Kitsap County CHI Franciscan Health, a premier health care provider in the Pacific Northwest, announced that the Washington State Department of Health (DOH) approved CHI Franciscan’s Certificate of Need (CON) requesting regulatory approval to […]
News Release: Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion
Creates the Dominant Medical Office Platform with Significant Scale in Key, Gateway Markets Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings in the United States, announced today that it entered into a definitive […]
News Release: Duke Realty to sell medical office business to Healthcare Trust Of America for $2.8 billion
Nearly $3 Billion of Proceeds When Combined with Recently Completed Ten Building Sale to Hospital System; Positioned as Leading Pure Play Domestic Industrial REIT INDIANAPOLIS, IN — (Marketwired) — 05/01/17 — Duke Realty Corporation (NYSE: DRE) (the “Company”) entered into an agreement with a subsidiary of Healthcare Trust of America, Inc., to sell its medical […]
News Release: CHRISTUS Mother Frances Hospital – Tyler Breaks Ground on Massive Tower Expansion Project
Published on April 03, 2017 TYLER, TX – Officials with CHRISTUS Trinity Mother Frances Health System broke ground today on a massive new expansion of CHRISTUS Mother Frances Hospital – Tyler that will drastically increase the Emergency and Intensive Care capabilities of the System. The expansion project will consist of a new 200,000-square-foot Tower to […]
News release: New Northside Hospital Cherokee Opens to Patients on May 6
Posted on: April 26, 2017 On May 6, Northside Hospital Cherokee in Canton, GA will officially relocate to 450 Northside Cherokee Boulevard and open the doors of the 440,000 square foot replacement hospital to patients from the northwest metro Atlanta area and beyond. The new hospital will replace the existing Northside Hospital Cherokee facility located […]
News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California
The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017 – Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on […]
News release: Montecito Medical Announces West-Coast Office Expansion
Relocation reflects firm’s continued growth NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has expanded into a new, larger space for its financial and operations center in California. The new office, at 45 E. Rincon Street, Suite 208, in Corona offers 150 percent […]
News Release: West Coast MOB acquired by Montecito Medical
Montecito Medical Acquires North Coast Medical Plaza near San Diego NASHVILLE, TENN., April 26, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the 49,580-square-foot, Class A North Coast Medical Plaza in Carlsbad (an affluent coastal town just north of San […]
Cover Story: New outpatient strategies ‘Super sites’ and other healthcare real estate innovations
By Connie M. McCaffrey Providers were already preparing to deal with dwindling reimbursements. Now they are looking even harder at how real estate can boost revenues, cut costs and increase efficiency – no matter what regulations might come out of Washington.
Transactions: DocREIT lands large pediatric MOB
REIT pays $78.6 million for facility next to Dell Children’s in Austin, Texas By John B. Mugford Even though it closed on the largest monetization of medical office buildings (MOBs) – a sale of real estate assets by a health system or provider – in 2016, Milwaukee-based Physicians Realty Trust (NYSE: DOC) continues to make […]
Transactions: Texas affiliate of New York-based firm lands MOB on Long Island, N.Y., for $14.65 million
NORTH HILLS, N.Y. – Fort Worth, Texas-based CHC Management Group acquired a fully leased, two-story, 24,690 square foot MOB on 1.75-acre site at 3111 New Hyde Park Road in North Hills, N.Y., for $14.65 million.
Transactions: Inland Real Estate makes four buys in three states, boosting MOB portfolio to $200 million
OAK BROOK, Ill. – Oakbrook-based Inland Real Estate Acquisitions Inc. recently acquired four MOBs with a total of 119,000 square feet of space in three states.
Transactions: Welltower buys 27,321 square foot MOB on campus of SSM Health DePaul Hospital near St. Louis
BRIDGETON, Mo. – In more news from HFF, the firm also represented the seller in a transaction involving a 27,321 square foot MOB on the campus of the 476-bed SSM Health DePaul Hospital – St. Louis campus in Bridgeton, Mo.
Outpatient Proejcts: Boulder, Colo., health system buys land in nearby town for 40,000 square foot MOB
ERIE, Colo. – Boulder Community Health (BCH) recently acquired a 6.1-acre site in Erie, a city just east of Boulder that is growing but lacks a major healthcare facility.
Transactions: Carter Validus pays $11.3 million for MOB next to Rush-Copley Medical Center in Aurora, Ill.
AURORA, Ill. – The JLL Healthcare Capital Markets Group the March sale of a 24,722 square foot MOB adjacent to the 210-bed Rush-Copley Medical Center campus in Aurora. The MOB is at 2111 Ogden Ave.