Healthcare

Grady Health System Plans $1B Medical Campus in South Atlanta Suburb

by John Nelson March 19, 2026

UNION CITY, GA. — Grady Health System has announced plans for the development of a new campus in Union City, roughly 20 miles southwest of Atlanta. Project costs for the development are expected to total more than $1 billion. Scheduled to open in phases, the campus will feature a medical office building and an acute care hospital. The two buildings will be situated near a freestanding emergency department that is currently under construction. Grady plans to open that facility in June and integrate it into the larger campus in the future. The hospital will feature 200 critical care, intermediate care and acute care beds. Grady expects that the hospital will serve as a Level 3 verified trauma center, equipped to perform emergency surgery, resuscitate and stabilize patients with serious injuries. The medical office building will offer imaging services, a surgery center, specialty clinics, pharmacy services, rehabilitation and pediatric care. Construction on the medical office building is scheduled for completion in early 2028, with the hospital planned to open in 2031. Financing for the project includes $300 million in Fulton County bond funding and funds raised through a multi-year capital campaign. “We are proud of this latest partnership with Grady,” said …

March 19, 2026

Acquisitions Arizona Healthcare Western

Woodside Health Buys 29,827 SF Healthcare Facility in Gilbert, Arizona

by Amy Works March 18, 2026

GILBERT, ARIZ. — Woodside Health has purchased Greenfield MOB & ASC, a medical outpatient building (MOB) and ambulatory surgery center (ASC) at 2450 E. Guadalupe Road in Gilbert. Terms of the transaction were not disclosed. Constructed in 2005, Greenfield MOB & ASC is a 29,827-square-foot, single-story, multi-tenant facility. Mountain View Surgery Center Gilbert, a partnership between the physician owners and United Surgical Partners International, anchors the property with a newly executed extension featuring three operating rooms. The remaining tenancy is leased to eight tenants offering diverse services, including podiatry, periodontics, mental and behavioral health, ophthalmology, dentistry, pediatric therapy, pharmaceuticals, vascular and medical spa services. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Phil Wurth of CBRE’s Phoenix Healthcare Leasing team to represent the undisclosed seller in the deal.

March 18, 2026

Healthcare Leasing Activity Midwest Minnesota

Optimize Physical Therapy Signs 60,374 SF, Full-Building Lease Near Minneapolis

by Kristin Harlow March 17, 2026

SPRING LAKE PARK, MINN. — Optimize Physical Therapy and Elite Sports Performance has signed a 60,374-square-foot lease for the full building at 8406 Sunset Road in Spring Lake Park, a northern suburb of Minneapolis. Kate Gillette of Transwestern represented the tenant, which will relocate its operations to the facility as part of an expansion. The new location will enable Optimize to add sports such as basketball, volleyball and hockey while providing more space for training and physical therapy. The facility will also support expanding programs, including homeschool co-ops, summer camps and clinics, and provide space for team rentals and batting cage use by youth little league teams, travel ball and high school teams. Owner Buhl Investors acquired the property this year. RISE, a 501(c)(3) organization providing human services programs, previously owned and occupied the building. Optimize expects to open its new space this spring, with full operations starting in the summer.

March 17, 2026

Acquisitions Healthcare Texas

Matthews Arranges Sale of 12,719 SF Healthcare Building in North San Antonio

by Taylor Williams March 11, 2026

SAN ANTONIO — Nashville-based brokerage firm Matthews has arranged the sale of a 12,719-square-foot healthcare building in San Antonio. The single-tenant building at 855 Proton Road is located adjacent to Methodist Hospital Stone Oak on the city’s north side and is leased to Gastroenterology Consultants of San Antonio. Rahul Chhajed, Michael Moreno and Tyler Swade of Matthews represented the undisclosed seller in the transaction.

March 11, 2026

Acquisitions Healthcare Illinois Leasing Activity Midwest

NAI Hiffman Negotiates Long-Term Lease Renewal for Silver Cross Hospital in New Lenox, Illinois

by Kristin Harlow March 10, 2026

NEW LENOX, ILL. — NAI Hiffman has negotiated a long-term lease for Silver Cross Hospital at 1890 Silver Cross Blvd. in New Lenox. The 174,855-square-foot, six-story medical office building is known as Pavilion A. Immediately following execution of the lease, the building was sold for $88.6 million to Chicago-based Farpoint and Dallas-based The Landes Group. The transaction included the renegotiation of Silver Cross’ existing lease and established Silver Cross as the largest tenant in the building, which is 96 percent occupied. Silver Cross will retain its footprint on the first and lower-level floors plus the upper levels. Existing healthcare providers, including the Shirley Ryan AbilityLab at Silver Cross, Duly Health and Care, DaVita, Rush University Medical Center and UChicago Medicine will also remain in place. Perry Higa of NAI Hiffman represented Silver Cross in the lease, which was completed at a net per-square-foot rate below the early renewal rate he negotiated on behalf of the tenant in May 2025. NAI Hiffman has also been retained as leasing agent for the building, which was constructed in 2012. Hiffman National will serve as property manager. Chris Bodnar of CBRE represented the sellers, PGIM Real Estate and NexCore Group.

March 10, 2026

Acquisitions Healthcare Texas

Marcus & Millichap Brokers Sale of 18,102 SF Medical Office Complex in Fort Worth

by Taylor Williams March 9, 2026

FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Overton Park Professional Center, an 18,102-square-foot medical office complex in Fort Worth. The two-building property was built in 2000 and was fully leased at the time of sale. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller, a local private partnership, in the transaction. Levy also procured the buyer, a New York-based 1031 exchange investor, in conjunction with Marcus & Millichap’s Zan Colin.

March 9, 2026

Healthcare Mixed-Use South Carolina Southeast

Container Collective to Relocate to Morris Square Mixed-Use Development in Downtown Charleston

by Abby Cox March 9, 2026

CHARLESTON, S.C. — The Container Collective, a holistic wellness center and coworking community for practitioners, will relocate to Morris Square, a mixed-use redevelopment in downtown Charleston. Formerly situated at 210 Coming St., The Container Collective has purchased a ground-floor condominium to relocate its wellness and massage therapy practice to 21 Jasper St. Renovations are expected to begin soon, with the new location opening upon completion. GiGi Gilden and Jack Owens of NAI Charleston represented The Container Collective in the transaction. Shea Robbins of Carolina One Real Estate represented the undisclosed seller. The sales price was also not disclosed.

March 9, 2026

Acquisitions Alaska Healthcare Office Western

Angelic Real Estate Holdings, JDI Realty Buy Medical Office Building in Eagle River, Alaska

by Amy Works March 4, 2026

EAGLE RIVER, ALASKA — Angelic Real Estate Holdings, along with its institutional partner JDI Realty, has purchased 17101 Snowmobile Lane in Eagle River, a suburb of Anchorage. Terms of the transaction were not released. Completed in 2008, the two-story building offers just under 20,000 square feet of rentable medical office space. The new ownership plans to upgrade the property with advanced digital building monitoring and control systems, as well as some aesthetic interior and exterior improvements. Since 2021, Angelic has owned the sibling medical office building in Palmer, Alaska, a 25-minute drive from the Eagle River asset. The acquisition was financed with a loan from First National Bank Alaska, procured by Angelic Real Estate, the affiliated brokerage arm of Angelic Real Estate Holdings.

March 4, 2026

Acquisitions Arizona Healthcare Western

JLL Brokers Sales of Two Medical Office Buildings in Scottsdale, Arizona

by Amy Works March 2, 2026

SCOTTSDALE, ARIZ. — JLL Capital Markets has arranged the sales of Pima I and Pima II, two medical office buildings in Scottsdale. Cypress West Partners acquired Pima I, and a private investor purchased Pima II. Terms of the transactions were not released. The assets are situated on 14.6 acres at 8415 N. Pima Road and 8466 N. Pima Road. Pima I is a two-story, 91,212-square-foot medical building that is 92 percent leased to national, regional and local medical users providing a range of specialties, including ambulatory surgery. Pima II is a vacant, two-story medical and/or professional building totaling 89,983 square feet. The property was formerly the headquarters of Rural Metro Fire. JLL’s Medical Properties Group, in collaboration with the local office, represented the undisclosed seller and procured the two separate buyers.

March 2, 2026

Development Healthcare Michigan Midwest

UM-Board of Regents Approves $143M Behavioral Health, Ambulatory Surgery Centers in Lansing

by Kristin Harlow February 27, 2026

LANSING, MICH. — The University of Michigan Board of Regents has approved two projects for mental health resources and certain surgical procedures in mid-Michigan. UM Health-Sparrow is building a behavioral health hospital and an ambulatory surgery center in Lansing. Groundbreakings are scheduled this summer, with plans to open each facility in 2028. The behavioral health hospital will be located in a park-like setting. The building is slated for vacant UM Health-Sparrow-owned property behind the Lansing hospital near Pennsylvania Avenue and Jerome Street. The 64-bed, $83 million facility will serve adult, geriatric, child and adolescent patients. UM-Health is collaborating with Sheppard Pratt, the nation’s largest private, nonprofit provider of behavioral health/substance abuse services, to manage the new hospital and behavioral health services. The $60 million UM Health-Sparrow Lansing Ambulatory Surgery Center will be located west of the Lansing hospital near Michigan and Pennsylvania avenues. The outpatient facility will feature four operating rooms at the start, with options to expand. The new surgery center will care for patients currently undergoing procedures at the 100-year-old St. Lawrence campus and will handle some cases currently performed at the Lansing hospital. Cardiac patients will also benefit from a new MRI planned for the facility.

February 27, 2026

Newer Posts

Older Posts