Healthcare

Health-Medical-Outpatient-Solano-County-CA

Newmark Arranges $130M Sale of NorthBay Healthcare Portfolio in Northern California

by Amy Works November 3, 2026

FAIRFIELD AND VACAVILLE, CALIF. — Newmark has brokered the sale of NorthBay Health Medical Outpatient Building Collection in Northern California’s Solano County. Totaling 222,073 square feet, the six fully leased healthcare buildings are located in Fairfield and Vacaville, Calif. NorthBay Health fully occupies the portfolio, which comprises five medical outpatient facilities and NorthBay Health’s office headquarters. HealthCare Foundation acquired the portfolio for $130 million. Ben Appel, Justin Shepherd, Jay Miele, John Naro, Michael Greely and Ron Ott of Newmark advised the undisclosed seller in the deal.

November 3, 2026

Acquisitions Florida Healthcare Office Southeast

City of Coral Gables Acquires Downtown Medical Office Building from ShareMD for $24M

by John Nelson November 3, 2026

CORAL GABLES, FLA. — The City of Coral Gables has purchased a medical office building located at 475–495 Biltmore Way in the city’s downtown district for $24 million. ShareMD sold the 53,029-square-foot property, which shares a city block with Coral Gables City Hall and the City’s Planning and Zoning Department. The City of Coral Gables, which now controls the entire block, has retained ShareMD’s property management affiliate, Medicus Asset Management LLC, to continue managing the building for an initial one-year term. Blanca Commercial Real Estate was the leasing agent for the property. In addition to the sale, ShareMD has announced it is rebranding to Parallel Medical Properties effective immediately. The firm owns and operates a 500,000-square-foot portfolio of medical office buildings in Florida and California.

November 3, 2026

UCHealth-Memorial-Hospital-North-Colorado-SpringS

Colorado Development Healthcare Top Stories Western

UCHealth Breaks Ground on $463M Healthcare Expansion Project in Colorado Springs

by Taylor Williams October 30, 2026

COLORADO SPRINGS, COLO. — University of Colorado Health (UCHealth) has broken ground on a $463 million expansion project at its Colorado Springs campus. The project will increase the size of the UCHealth Memorial Hospital North campus by more than 300,000 square feet, inclusive of a six-story inpatient tower, eight new operating rooms and an expanded emergency department. Approximately 45 percent of the new space will be built out for immediate use, while the remaining space will be shelled to accommodate future growth. In addition, the expansion will increase the hospital’s capacity from 140 beds to 190, initially adding 34 medical-surgical beds and 14 intensive care unit (ICU) beds. Lastly, the project includes the construction of a new parking garage with roughly 875 spaces for patients, visitors and staff, as well as renovations to the lobby, pharmacy, laboratory, kitchen and cafeteria of the main hospital building. Perkins & Will is the project architect, and JE Dunn is serving as the general contractor. Milwaukee-based investment and development firm Hammes is serving as UCHealth’s owner representative and project manager. A groundbreaking ceremony took place earlier in the month, and completion is slated for summer 2029. “Expanding an active hospital requires a careful balance …

October 30, 2026

Development Healthcare Northeast Pennsylvania

Geisinger Tops Out 600,000 SF Healthcare Project in Wilkes-Barre, Pennsylvania

by Taylor Williams October 23, 2026

WILKES-BARRE, PA. — Geisinger Health System has topped out construction of 600,000-square-foot project in Wilkes-Barre, located in northeastern Pennsylvania. The 11-story inpatient facility is being developed as part of the Geisinger Wyoming Valley Medical Center expansion. Project partners include architect FCA, general contractor Turner Construction, structural engineer O’Donnell and Naccarato and steel fabricator Beauce Atlas. Completion is slated for 2028. As part of the project, Geisinger is also renovating 102,000 square feet of existing hospital space and a pedestrian bridge that connects the project to a medical office building that is also under construction on campus.

October 23, 2026

Acquisitions Colorado Healthcare Mixed-Use Office Restaurant Retail Western

CentrePoint Properties Divests of 52,743 SF Mixed-Use Property in Wheat Ridge, Colorado

by Amy Works October 23, 2026

WHEAT RIDGE, COLO. — CentrePoint Properties has completed the sale of Wilmore Center, a mixed-use property in Wheat Ridge, to HCA HealthONE for $14.5 million. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. Situated on 5 acres at 7615 W. 38th Ave., Wilmore Center comprises two single-story multi-tenant buildings offering a total of 52,743 square feet of mixed-use space and 236 parking spaces. At the time of sale, the asset was 84 percent occupied by 15 tenants. The tenant mix includes retail, food and medical, with 68 percent of the leased area occupied by medical-related tenants.

October 23, 2026

Acquisitions Healthcare Illinois Midwest

Rush, Endeavor Health Unveil Plans to Merge in Metro Chicago

by Kristin Harlow October 16, 2026

CHICAGO — Rush University System for Health and Endeavor Health have unveiled plans to merge, creating a system of 12 hospitals and more than 400 care sites. An incremental $1 billion investment, funded by Endeavor, will advance community impact, academics and research, and quality and care innovation in communities across the Chicagoland region. The combined system will operate under the Rush name. Upon close, Endeavor President and CEO J.P. Gallagher will be named president and CEO of the unified system. Dr. Omar Lateef, president and CEO of Rush, will continue in this role through the close of the transaction. He will then serve as CEO emeritus and strategic advisor to the CEO. A 20-person system board will be appointed, with equal representation from Rush and Endeavor board members and led by a chair from the Rush system. Together, the organization will have more than 46,000 employees and clinicians serving more than 2 million patients annually across northern Illinois and northwest Indiana. The transaction is expected to close in early 2027, following regulatory review and approval. Rush is a nonprofit health system that includes Rush University Medical Center, Rush University, Rush Copley Medical Center and Rush Oak Park Hospital, as well …

October 16, 2026

Acquisitions Healthcare Texas

Ridgeline Capital Partners Acquires 117,433 SF Medical Office Portfolio in Texas

by Taylor Williams October 12, 2026

DALLAS — Dallas-based investment firm Ridgeline Capital Partners has acquired a portfolio of four medical office buildings totaling 117,433 square feet in Texas. One building is located in the eastern Austin suburb of Bastrop, and the other three are scattered across the Houston-area cities of Montgomery, Conroe and Huntsville. The buildings were constructed between 2004 and 2010 and are home to tenants such as CHI St. Luke’s Health, Liberty Dialysis, North Pines Surgery Center and RapidCare Emergency Room. Occupancy was 86 percent at the time of sale. The seller and sales price were not disclosed.

October 12, 2026

Acquisitions Healthcare Michigan Midwest Retail

CrownPoint Arranges $9.2M Sale-Leaseback of Dental Portfolio in Michigan

by Hayden Spiess October 9, 2026

LANSING, MICHIGAN — National real estate brokerage firm CrownPoint Partners has arranged the $9.2 million sale-leaseback of a five-property dental portfolio located across lower Michigan. CrownPoint represented both the seller and buyer in the transaction, which went from contract to close in 42 days. The portfolio consists of five dental properties totaling 35,212 square feet across Lansing, Charlotte, Adrian, Saint Joseph and Jackson, Michigan. The transaction was structured with new 15-year absolute-net leases featuring 2 percent annual rent increases, providing the buyer with long-term contractual income and no landlord responsibilities. The portfolio spans established healthcare and retail corridors throughout Michigan and serves combined trade areas encompassing more than 1.6 million residents. The properties benefit from regional connectivity to major transportation routes, including I-94, I-96, I-69, U.S. 127 and U.S. 31, as well as proximity to major healthcare systems throughout the state, according to CrownPoint.

October 9, 2026

California Development Healthcare Western

Rainbow Investment Co. Breaks Ground on 52,600 SF Medical Office Development in La Mesa, California

by Amy Works October 8, 2026

LA MESA, CALIF. — Rainbow Investment Co. has broken ground for Cush Medical Plaza, a medical office project that will be situated adjacent to the Sharp Grossmont Hospital campus in La Mesa, located in San Diego County. The project team includes Ware Malcomb as architect, interior designer and civil engineer, Turner Construction Co. as general contractor and 12 Alpha as project manager. Nehal Wadhwa and Matt Melendres of Cushman & Wakefield’s Healthcare Advisory team will handle leasing efforts for the development. The two-story, 52,600-square-foot building will feature flexible, multi-tenant medical office uses on the first floor and the Sharp Family Residency Clinic, a combined family practice and physician residency training clinic, on the upper floor. The residency center will include a lounge, sleep rooms, showers, charting spaces, a training room and fully functional exam and consult rooms for active patient care.

October 8, 2026

Development Healthcare Midwest Missouri

Lawrence Group Designs Renovations for SSM Health St. Joseph Cancer Center in Metro St. Louis

by Kristin Harlow October 6, 2026

LAKE SAINT LOUIS, MO. — Lawrence Group has completed its work on the renovation and expansion of SSM Health St. Joseph Hospital’s Cancer Center in Lake Saint Louis. Lawrence Group’s healthcare studio provided architecture and interior design services on the recent multi-million-dollar project aimed at increasing treatment capacity and improving the patient experience for individuals navigating cancer care. A ribbon cutting ceremony took place July 28. The expanded center features space for additional clinical staff and new exam rooms, plus semi-private infusion bays complete with floor-to-ceiling windows for patients to view the nearby lake while receiving treatment. The building’s pharmacy, laboratory and waiting areas were also expanded.

October 6, 2026

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