Healthcare

MedCraft to Expand MN Essentia Health Facility

The 26,633-square-foot expansion in Grand Rapids, Minn., is slated for completion by May 2018. The partnership minimizes risks, allowing Essentia to reinvest in expanded facility operations.

Healthcare

CBRE Global Buys 25 Medical Office Buildings

The 1.4 million-square-foot, 10-state portfolio will be operated by the seller, a joint venture of Kayne Anderson Real Estate Advisors and MBRE Healthcare.

Healthcare

HFF Closes MOB Portfolio Sale

IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants.

Healthcare

Regions

Change City

From Church to MOB in Queens

Regent Medical Properties LLC plans to replace the 20,803-square-foot building in Flushing, N.Y., purchased for $19 million, with a 12-story, mixed-use medical office building.
New York 16 August 2017 20:36
North San Diego 225 KSF Outpatient Center Underway

Construction began on the first phase of a 225,000-square-foot Class A medical office development on the campus of Palomar Medical Center Escondido. Cushman & Wakefield will handle leasing.
San Diego 16 August 2017 20:26
Texas Nursing Facilities Land $28M in Financing

The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.
South 10 August 2017 09:53
HSA, USAA Buy 46 KSF MOB

Colliers represented the seller of the Class A building—anchored by North Clinic—in Plymouth, Minn. The commercial real estate services firm will also spearhead leasing efforts.
Midwest 08 August 2017 16:55
Spec Medical Project Underway SW of Houston

TierOne Development broke ground on a 38,600-square-foot office/medical development in Sugar Land, Texas, slated for completion in 2018.
Houston 08 August 2017 13:29
JV Nabs 423 KSF San Antonio MOB Portfolio

Artemis Real Estate Partners, Ackerman & Co. and MLL Capital plan to invest $27 million to renovate and lease four buildings, which total 423,411 square feet.
San Antonio 08 August 2017 13:27
Houston 186-Acre Medical District Lands First Partner

CHI St. Luke’s Health partnered with The Signorelli Co. for Vivacity, a 186-acre medical and wellness district northeast of Houston, which is part of Valley Ranch, a 1,400-acre mixed-use development.
Houston 07 August 2017 15:06