News Release: Another Pasadena Medical Office Trades
The 22,000 sf medical building at, one block from Huntington Hospital, has been acquired by Huntington Orthopedics Institute. The building, built in 1962, was 100% occupied on the date of close but with expiring leases in the next year, the medical group will occupy much of the building soon afterward. The sale price was $9,250,000 […]
News Release: The Missner Group Completes Renovations for Illinois Bone & Joint
FOR IMMEDIATE RELEASE: Friday, February 19, 2016 THE MISSNER GROUP COMPLETES RENOVATIONS FOR ILLINOIS BONE & JOINT IN MORTON GROVE (Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has completed renovations for Illinois Bone & Joint Institute’s (IBJI) Morton Grove, Illinois location at 9000 Waukegan Road. The facility remained […]
News Release: Duke Realty’s John Marshall to speak at InterFace Healthcare Real Estate West
Vice President and panel will explore the topic ‘How a Changing Healthcare Environment is Changing Healthcare Real Estate Development’ March 2 at the Omni Los Angeles INDIANAPOLIS, Feb. 18, 2016 – Indianapolis-based commercial real estate developer Duke Realty announced that John Marshall, Vice President, National Healthcare Strategy and Development, will serve as an expert panelist at the […]
News Release: Griffin-American Healthcare REIT IV poised for $3.15 billion IPO
Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission […]
News Release: Meridian Buys Medical Office Building in Pasadena, Calif. for $37.5 Million
Purchase Represents Meridian’s Largest Acquisition at 115,000 SF and Company’s 8th MOB Transaction in Last 12 Months SAN RAMON, CALIF. – Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of Cotton Medical Center, a 115,000-square-foot medical office complex in […]
Feature Story: HREI Insights Awards Winner – Best New MOB (Less Than 25,000 S.F.)
No hurdles too high for Rendina Developer overcomes multiple challenges to build South Carolina MOB/ASC Facility name: Murrells Inlet ASC Address, City, State: 3545 Highway 17 Bypass, Murrells Inlet, S.C. Client/owner: Murrells Inlet Investors LLC Product type: MOB/ASC Number of stories: 2 Square footage: 22,476 Site acreage: 1.82 Parking: 92 surface spaces Construction start date: May 2014 Construction complete date: May 2015 Cost: $7.11 million […]
Feature Story: 2015 HREI Insights Awards Winner – Best Post-Acute/Senior Living
Heartis scores Amarillo win High tech approach helps Caddis to deliver warm environment for Texas seniors Facility name: Heartis – Amarillo Assisted Living & Memory Care Facility Address, City, State: 1601 Research St., Amarillo, Texas Product type: Assisted living Number of stories: 1 Square footage: 63,671 Site acreage: 4.9 Parking: 80 surface spaces Construction start date: Sept. 2013 Construction complete date: Aug. […]
Feature Story: Previous Insights Awards™ Winners
Here’s who won the HREI Insights Awards™ during the first two years of the program Best New Medical Office or Other Outpatient Building (Less than 25,000 square feet) 2013: Meridian Property Co. DaVita Stevens Creek 2014: Davis Moore Capital Duke Medicine at Meadowmont Best New Medical Office or Other Outpatient Building (25,000 to 49,999 square […]
Feature Story: 2015 HREI Insights Awards Winner – Best Renovated/Repurposed
New MOB provides convenience Facility fills an important consumer need in Rohnert Park, Calif. Facility name: Rohnert Park MOB Address, City, State: 5900 State Farm Drive, Rohnert Park, Calif. Product type: Medical office building Number of stories: 2 Square footage: 72,000 Site acreage: 4.79 Parking: 315 surface spaces Construction start date: May 2015 Construction complete date: Aug. 2015 Cost: $13.5 million Owner: Meridian Major users/tenants: Kaiser […]
Feature Story: HREI Insights Awards Winner – Head and shoulders above the rest
Well-known Erik Tellefson named Healthcare Real Estate Executive of the Year By Murray W. Wolf At 6’ 6”, Erik Tellefson was a towering presence for his college football teams in the mid-1990s. Today, he remains so on a different playing field, healthcare real estate (HRE), selected by his peers as the HRE Executive of the […]
Feature Story: HREI Insights Awards Winner – Best New MOB (25,000-49,999 S.F.)
New rural clinic brings health, hope The Keith Corporation’s financing and design expertise makes dream possible Facility name: Mission Health – Mauzy-Phillips Medical Center at BRRH Address, City, State: 125 Hospital Drive, Spruce Pine, N.C. Client (owner or tenant): Blue Ridge Regional Hospital (BRRH)/Mission Health Product type: MOB/rural health clinic Number of stories: 2 Square footage: 30,000 Site acreage: 3 Parking: 150 […]
Feature Story: 2015 HREI Insights Awards Winner: Best New MOB (50,000-99,999 S.F.)
Persistence, cooperation win in Minn. The Davis Group overcomes challenges to bring MOB to suburban Minneapolis Facility name: Minnetonka Medical Center Address, City, State: 15450 State Highway 7, Minnetonka, MN Client (owner or tenant): North Memorial Product type: Medical office building Number of stories: 2 Square footage: 63,500 Site acreage: 5.5 Parking: 285 surface spaces Construction start date: October 2013 Construction […]
Feature Story: 2015 HREI Insights Awards Winner: Best New MOB (100,000 S.F. or More)
It all came together in Buffalo, N.Y. New Conventus MOB provides important link to other healthcare facilities Facility name: Conventus Address, City, State: 1001 Main St., Buffalo, N.Y. Client: Conventus Partners LLC Product type: MOB Number of stories: 7 Square footage: 350,000 Site acreage: 2 Parking: 318 underground spaces Construction start date: February 2013 (site remediation) Construction complete […]
Feature Story: 2015 Insights Awards™ Finalists
Third year of HRE awards program attracts a record number of entries 1. Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet) Fleisher Smyth Brokaw LLC Cherry Hills Medical Plaza, Englewood, Colo. GE Aviation GE Family Wellness Center, Evendale, Ohio The Keith Corporation Boca Raton Reg’l Hospital Outpatient Center Deerfield […]
Feature Story: 2015 HREI Insights Awards Winner – Best Inpatient Facility
Parkland overcame many challenges The 2.5 million square foot hospital is the largest built in a single phase Facility name: Parkland Address, City, State: 5201 Harry Hines Blvd., Dallas Client: Parkland Health & Hospital System (PHHS) Product type: Hospital Number of stories: 17 Square footage: 2.5 million Site acreage: 64 Construction start date: October 2010 Construction complete date: Aug. 2015 Cost: $1.3 billion […]