Healthcare

DUKE TO DEVELOP NEW VA CLINIC

by admin June 3, 2008

FORT WORTH, TEXAS — The Government Solutions Division of Duke Realty Corp. has been awarded the contract to develop a new 213,029-square-foot outpatient clinic for the U.S. Department of Veterans’ Affairs in Fort Worth. Situated on 24 acres at the intersection of Interstate 20 and Campus Drive, the two-story structure will include surgery rooms, outpatient recovery rooms and energy monitoring systems. Construction is set to begin in the fourth quarter, with occupancy scheduled for Veterans Day 2010.

June 3, 2008

SIERRA PROVIDENCE EAST MEDICAL CENTER OPENS

by admin May 28, 2008

EL PASO, TEXAS — Sierra Providence East Medical Center has opened its doors at 3280 Joe Battle Blvd. on the east side of El Paso. The 110-bed acute-care facility, which began construction in spring 2006, represents a total initial investment of $143.9 million. Sierra Providence East Medical Center is part of the Sierra Providence Health Network and is owned by Tenet Healthcare Corp.

May 28, 2008

Healthcare Texas

GRUBB & ELLIS ACQUIRES 65,000-SQUARE-FOOT HOSPITAL

by admin May 22, 2008

AMARILLO, TEXAS — Grubb & Ellis Healthcare REIT has acquired the Amarillo Hospital property, located at 7501 Wallace Blvd. in Amarillo, from an unaffiliated partnership sponsored by Trophy Healthcare Realty LP. The two-story building comprises 65,000 square feet and sits on approximately 4.2 acres. Triumph HealthCare operates the long-term acute care hospital, which is located within a half mile of the Harrington Medical Center.

May 22, 2008

Healthcare Western

BASIN STREET PROPERTIES TO BUILD V.A. OUTPATIENT CLINIC

by admin May 19, 2008

SANTA ROSA, CALIF. — Petaluma, Calif.-based Basin Street Properties has signed a 20-year, build-to-suit lease with the U.S. Department of Veteran’s Affairs to construct a two-story office building at Harvest Business Center in Santa Rosa. Located at 3841 Brickway Blvd., the V.A. clinic will occupy 26,000 square feet of the 39,540-square-foot property. The facility will accommodate a total staff of 70 and feature 14 examination rooms, two specialty treatment rooms, a radiology department, and offices that can be converted into treatment rooms.

May 19, 2008

Healthcare Western

THE ALTER GROUP BREAKS GROUND FOR 42,000-SQUARE-FOOT BUILDING

by admin May 16, 2008

MESA, ARIZ. — Chicago-based The Alter Group has broken ground for the construction of the fourth building at its 50-acre Arizona Health & Technology Park in Mesa. Located at 5835 E. Still Circle, the two-story building offers 42,000 square feet of office/biomedical research space. The overall center is an alliance between The Alter Group and the Mesa Campus of A.T. Still University of Health Sciences. CB Richard Ellis facilitated the relationship and serves as the exclusive marketing agent for the property.

May 16, 2008

Healthcare Midwest

RTKL TO DESIGN $235 MILLION HOSPITAL ADDITION

by admin May 15, 2008

WINFIELD, ILL. — Chicago-based RTKL Associates has been selected to design a $235 million patient building at Central DuPage Hospital in Winfield. The five-story, 276,000-square-foot facility will contain 202 private patient rooms. Each room will include a separate family area with a sleeper sofa, recliner, television and work station with Internet access. In addition, patient rooms will contain a bedside computer for staff that will be able to connect to the room’s television to share materials with the patient. The new building is expected to achieve LEED-Silver certification, and will serve as the new front entrance to the hospital. The main lobby of the building will connect the existing conference center and auditorium to the hospital by means of a two-story curving concourse facing a landscaped courtyard. Another two-story lobby will connect the new patient building to the ambulatory care pavilion and an existing parking garage. Construction is scheduled to begin in spring 2009, with completion expected in fall 2011. The new building is part of a hospital master plan also designed by RTKl that was completed in 2006. Currently under construction in anticipation of the new building is a 360-car parking lot and an expansion of the existing imaging …

May 15, 2008

Healthcare Northeast

RICHARDS BARRY JOYCE & PARTNERS BROKERS $8.7 MILLION SALE

by admin May 15, 2008

BOSTON — Richard Barry Joyce & Partners (RBJ) has completed the $8.7 million sale of 121 Brookline Ave. in Boston. The facility is slated to be the future home of the Longwood Research Center, a proposed six-story, 130,000-square-foot laboratory building. The project is pre-certified LEED compliant and is set to break ground this summer. Robert Richards of RBJ represented the seller, 121 Brookline Ave., LLC, and procured the buyer, Boylston Properties Co., in the transaction. Richards and Chris McCauley, also of RBJ, will lead the leasing team assigned to the project.

May 15, 2008

Healthcare Northeast

LOVE FUNDING PLACES ACQUISITION FINANCING

by admin May 13, 2008

MANCHESTER, CONN. — Leonard Lucas of Love Funding’s Boston office has placed $6.28 million in financing for the acquisition of the Crestfield Rehabilitation Center in Manchester. The facility, also known as Fenwood Manor, features a 95-bed skilled nursing center for sub-acute care and a 60-bed intermediate care facility. The undisclosed Connecticut-based borrower purchased the facility for $5.4 million.

May 13, 2008

Healthcare Texas

ASCENSION GROUP AWARDED DESIGN CONTRACT FOR HOSPITAL EXPANSION

by admin May 12, 2008

SAN MARCOS, TEXAS — Arlington, Texas-based Ascension Group Architects has received the contract to design Central Texas Medical Center’s $35 million expansion and renovation in San Marcos. Plans call for a new childbirth center, a Level II neonatal critical care unit, a new cardiac telemetry inpatient nursing unit and an expansion/improvement of the hospital’s surgical unit. The more than 64,000-square-foot, two-story addition is scheduled to break ground in the third quarter. Parsons Corp. is the program manager.

May 12, 2008

Healthcare Midwest

JACKSON COMMERCIAL TO DEVELOP $20 MILLION HEALTHCARE CAMPUS

by admin April 29, 2008

NOBLESVILLE, IND. — The Indianapolis office of Jackson Commercial Real Estate has announced plans to develop Hamilton Healthcare Campus, an 11.5-acre medical facility located at the corner of 146th Street and Cumberland Road in Noblesville. The project will consist of two buildings: a three-story building totaling more than 122,000 square feet, and a single-story structure totaling 8,287 square feet. Project costs are expected to exceed $20 million; groundbreaking is expected this summer.

April 29, 2008

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