AUSTIN — Austin-based HTH Capital has demolished two office buildings to make way for the 62,000-square-foot Midtown Medical Tower, a mixed-use facility consisting of medical office and retail space, located at the intersection of 38th Street and Lamar Boulevard in Austin. The facility will include energy efficient operating systems, flexible floor plates and a covered patient drop-off area.
GLEN ROCK, N.J. — A joint venture between Morristown, N.J.-based The Hampshire Companies and Onyx Equities has sold a 48,000-square-foot medical office building, located at 85 Harristown Rd. in Glen Rock, to Hajjar Medical Group. Hampshire made capital improvements to the building in 2009, including new facades, windows, lobbies, landscaping, HVAC system, roof and restrooms. Frank Gunsberg of Colliers International's Parsippany, N.J., office represented both parties in the transaction.
NEWTON, MASS. — Newton-based Senior Housing Property Trust (SNH) has agreed to acquire 13 medical office properties, totaling 1.3 million square feet, for $167 million from CommonWealth REIT. The properties are currently 95 percent leased. SNH will purchase these properties using its $750 million unsecured revolving bank credit facility.
LAKEWOOD, COLO. – The three-story, 31,306-square-foot Belmar Medical Center in Lakewood has been sold to Centum Health Properties, LLC for $1,750,000. Built in 1987, Belmar is currently 76 percent leased. The seller, Coolidge Lakewood Equities, LLC, was represented by Brad Cohen and Larry Thiel of Transwestern.
LAFAYETTE, LA. — The 200-bed hospital and 104,000-square-foot medical office building Our Lady of Lourdes Medical Center, located at 4801 Ambassador Caffery Pkwy. in Lafayette, has opened. The development is Phase I of HOK's master planned 45-acre campus. In addition to the 200 beds, the 396,000-square-foot hospital contains eight operating rooms, 19 emergency rooms and 24 intensive care rooms. Lafayette-based The Lemoine Co. and Birmingham, Ala.-based Brasfield & Gorrie served as the construction managers for the project and Jefferson, Ind.-based The Estopinal Group was the architect for the medical office building.
NEW YORK CITY — Gramercy Surgery Center Inc. has purchased a 23,000-square-foot medical office property at 59-25 Kissena Blvd. in Flushing, Queens in New York City. The two-story property features 140 feet of street frontage along Kissena Boulevard. Colliers International's Brian Given, Steven Jaray and Sheena Gohil partnered with Brooklyn-based M.C. O'Brien's William O'Brien and Karen Cohen to represent the seller, EmblemHealth, in the transaction.
DENVER – The Sky Ridge Medical Center has signed a new orthopaedic practice, led by Dr. John Xenos. The first phase of the orthopaedic surgeon’s practice will consist of about 3,000 square feet that is set to open at Sky Ridge in September. It will reside within the Aspen Building, located at 10099 Ridge Gate Parkway in Lone Tree, Colo. Dr. Xenos, who plans to partner with orthopaedic surgeon Dr. Anthony Sanchez, is moving his practice from the Steadman Hawkins Denver Clinic to Sky Ridge. The new practice will be called Colorado Orthopaedics. Jecoah Byrnes, a leasing associate at CBRE, and Matthew Leiner, a leasing associate with CBRE Denver’s Healthcare Services, handled both sides of the transaction.
MIAMI — The 133-bed, 282,000-square-foot West Kendall Baptist Hospital, located at Kendall Drive and SW 157th Avenue in Miami, has achieved LEED Gold certification. MGE Architects was the lead architecture and design firm on the project, which cost $210 million. Green elements include open landscaped areas, water retention lakes for 100 percent irrigation, automatic building controls, low-flow plumbing fixtures, and energy efficient lighting and air conditioning systems.
METHUEN, MASS. — Boston-based Suffolk Construction has delivered Steward Holy Family Hospital's emergency center, a 24,000-square-foot, $14.1 million medical facility, in Methuen. The facility includes 32 private treatment rooms, a two-bay cardiac room, a double trauma room and a rapid medical evaluation area in the lobby. The new facility doubles the hospital's emergency center capacity. RFWalsh Collaborative served as the center's project manager, while S/L/A/M Collaborative designed the center.
SAN ANTONIO — TRISUN Healthcare and Suntex Development have broken ground on a new 42,000-square-foot senior community at 8707 Lakeside Pkwy. in San Antonio. The community will offer 120 skilled nursing and rehabilitation beds, as well as employ approximately 115 full- and part-time staff. The facility will feature wood floors, a rehabilitation gymnasium and rapid recovery suites. San Antonio-based Metropolitan Contracting Co. is building the facility, while Austin-based DFD Architects designed it. The skilled-nursing facility is slated for a summer 2012 opening.
