FRANKLIN, TENN. — Skanska USA has signed a contract to complete a $51 million expansion and renovation of Williamson Medical Center in Franklin. The project will include an approximately 33,000-square-foot expansion and approximately 10,500 square feet in renovations. It will commence in October and is scheduled for completion in November 2015.
JACKSON, OHIO — Marcus & Millichap has arranged the sale of Adena Health Center, a 24,988-square-foot, net-leased medical office property in Jackson, about 80 miles south of Columbus, for $5.4 million. Scott Niedergang, Christopher Mitchel and Gino Lollio of Marcus & Millichap’s Healthcare Real Estate Group marketed the property on behalf of the seller, a private investor, and the buyer, a REIT. Constructed in 2003, the two-story building is located at 1000 Veterans Drive and is fully occupied by Adena Health System.
ENGLEWOOD, N.J. — The Hampshire Cos. has sold two medical office buildings in Englewood, located about 15 miles north of Newark, to JZ Property LLC. The purchase price was undisclosed. The buildings total 32,081 square feet and are located at 200 and 214 Engle St., near Englewood Hospital and Medical Center, a 547-bed teaching hospital. Cheryl Bozzelli and Michael Walters of NAI James E. Hanson represented The Hampshire Cos. in the transaction. Adam Plawker of Plawker Commercial Real Estate represented the buyer. Plawker Commercial Real Estate will serve as the leasing agent of the property.
FAYETTEVILLE, ARK. — Carter Validus Mission Critial REIT has acquires Physicians Specialty Hospital in Fayetteville for $22.6 million The short-term, acute care surgical hospital totals 55,740 square feet. It contains 20 beds along with four operating rooms, one procedure room, an emergency department, an in-house diagnostic lab and a radiology department. The property was most recently renovated in 2009, when it was converted into a surgical hospital. The seller’s name was not released.
HOUSTON — Denver-based Fairfield Advisors has brokered the $13.3 million sale of the Memorial Herman Convenient Care Medical Office Building in Houston. The 30,000-square-foot medical office building is located at 14201 E. Sam Houston Parkway N. Memorial Herman, the largest not-for-profit health system in Texas, is the sole occupant of the property, which is an outpatient facility that includes a 24-hour emergency room. Greg Trainor of Fairfield Advisors represented the seller in the all-cash transaction.
TEMPLE AND WACO, TEXAS — Construction is underway on two Duke Realty-developed, Scott & White Healthcare medical facilities in Temple and Waco. The first property, a 77,000-square-foot, three-story outpatient orthopedic clinic, is located at 2401 S. 31st St. in Temple. The second property, a 37,000-square-foot, two-story cancer center, is located next to Hillcrest Baptist Medical Center at Interstate 35 and Hillcrest Medical drive in Waco. Both the Temple and Waco facilities are owned by Duke Realty Limited Partnership. Scott & White will manage the facilities. Jacobs Engineering Group Inc. will be the architect and MEDCO Construction will act as general contractor for the orthopedic clinic. HDR will be the architect and JE Dunn will act as general contractor for the cancer center. The orthopedic center will be completed in October and the cancer center in November.
PURCHASE, N.Y. — WestMed Medical Group has signed a long-term lease to occupy an 85,000-square-foot medical office building in Purchase, located about 30 miles north of New York City. Simone Healthcare Development and Fareri Associates is currently constructing the four-story property, which is situated within the Harrison Executive Medical Park at 3030 Westchester Ave.
GOSHEN, IND. — Carter Validus Mission Critical REIT Inc. has purchased Fresenius Medical, a dialysis center property in Goshen, an eastern suburb of South Bend, for $4.6 million. The 15,462-square-foot medical facility was constructed in 2010 and is fully net leased to Fresenius Medical Care Nephrology Partners Renal Care Centers LLC, a company specializing in the operation of outpatient dialysis centers.
AKRON, OHIO— KLMK Group Inc. and Akron Children’s Hospital have broken ground on a new $200 million critical care tower in Akron. The 368,735-square-foot, seven-story tower will house a new neonatal intensive care unit, emergency department, ambulatory surgery center and space for additional clinical programs. KLMK Group is the onsite project manager. The new tower will be connected to the existing hospital and is expected to open in 2015.
PLANO, TEXAS — The Medical Center of Plano has broken ground on a new 10,500-square-foot satellite emergency room, located at the southeast corner of Coit Road and State Highway 121/Sam Rayburn Tollway in Plano. The emergency room will operate 24 hours a day, seven days a week year-round and will be staffed by board-certified emergency physicians and registered nurses. The property will include 12 private patient rooms. Two rooms will be themed for pediatric patients in an alliance with Medical City Children’s Hospital. Read King Medical Development has developed the architectural plans and specifications for the complex. Batten and Shaw Inc. will serve as the general contractor for the project. The emergency room is scheduled to open in January 2014.