LA MESA, CALIF. — Anchor Health Properties has purchased Fletcher Parkway Medical Center, an 82,024-square-foot medical office building in the San Diego suburb of La Mesa, for an undisclosed sum. The building is situated adjacent to Sharp Grossmont Hospital, just north of the Interstate 8/California 125 interchange. Sharp HealthCare anchors the center. The asset features services like Surgical Care Affiliates (SCA) surgery center, radiology, laboratory, diagnostics, cardiology,..
WAUWATOSA, WIS. — The Orthopedic Institute of Wisconsin has signed a 9,573-square-foot lease at a three-story office building to be redeveloped in Wauwatosa. HSA Commercial Real Estate owns the building, located at 3077 Mayfair Road. The Orthopedic Institute will open a 7,125-square-foot flagship clinic in the western portion of the building’s ground level with a patient drop-off area and parking. The institute, which will also utilize space on the building’s third level for..
ARLINGTON, TEXAS — Inland Real Estate Acquisitions Inc. has acquired the Kleiman/Evangelista Eye Center, a 27,500-square-foot medical office building located at 350 E. Interstate 20 in Arlington. Built in 2015, the center is the only one of the practice’s three locations provides patients with same-day surgicare and expanded treatments beyond Lasik surgery. The company, which is the purchasing arm of The Inland Real Estate Group of Cos. Inc., also helped broker the sale. ..
SAN ANTONIO — Dallas-based private equity firm Velocis has acquired Legacy Oaks, a 224,262-square-foot, Class A medical office adjacent to the 900-acre South Texas Medical Center in San Antonio. The seven-building complex, which recently underwent capital improvements, was 75 percent leased at the time of sale to healthcare providers such as Baptist Health System and MEDNAX.
THE WOODLANDS, TEXAS — Everson Developments is building a 51,000-square-foot, Class A medical office property at 123 Vision Park Blvd. in The Woodlands. The three-story building will be situated on 3.5 acres with access to several nearby hospitals, including Memorial Hermann The Woodlands Hospital and Houston Methodist The Woodlands Hospital. Construction is expected to be complete by the end of 2018. The J. Beard Co. is handling preleasing of the building
BROCKPORT, N.Y. — Marcus & Millichap has arranged the sale of a medical office building located at 6668 Fourth Section Road in Brockport. A REIT acquired the asset from an undisclosed developer for $8.7 million. Unity Hospital of Rochester leases the entire 29,497-square-foot building on a long-term, triple-net basis. Ryan Moore and Christopher Mitchel of Marcus & Millichap represented the seller and secured the buyer in the deal. Additionally, John Krueger of Marcus & Millichap assisted in..
TEHACHAPI, CALIF. — A joint venture between Bernards and Colombo Construction has completed construction of the new $90 million Adventist Health Medical Center Tehachapi Valley hospital, the only critical-access remote facility within a 50-mile radius to the rural Tehachapi and Mojave communities. The acute care facility replaces an outdated hospital that no longer met California safety standards. The hospital includes medical/surgical beds, intensive care beds and an obstetrical unit..
LEAGUE CITY AND THE WOODLANDS, TEXAS — Colliers International has arranged the sale of two healthcare facilities in metro Houston. Beth Young of Colliers represented the seller in the disposition of South Shore Surgicenter, a 7,365-square-foot ambulatory surgical center and diagnostic clinic located at 2622 Marina Bay Drive in League City. Elena Bakina of Colliers represented Integra Plaza LLC in its sale of a 14,573-square-foot medical office and surgery center located at 3072 College Park..
SILVER SPRING, MD. — Avison Young has negotiated the $24 million sale of Forest Glen, a 62,379-square-foot medical office building situated on the Holy Cross Hospital campus in Silver Spring, roughly six miles north of Washington, D.C. Jim Kornick, Chip Ryan, Mike Wilson, Erik Foster and Mark Johnson of Avison Young arranged the sale on behalf of the buyer, Healthcare Realty. The Nashville-based REIT purchased the asset from a joint venture between Washington, D.C.-based developer..
HOUSTON — Dallas-based Scott & Reid General Contractors plans to renovate Museum Medical Tower, a 177,476-square-foot medical office tower located at 1213 Hermann Drive on the north side of the Texas Medical Center in Houston. The $10 million renovation plan includes upgrading the building’s façade, main entrance, roof and landscaping. The overhaul will also deliver systems upgrades and three new suites ranging from 1,700 to 2,244 square feet in size.