Healthcare

American College of Osteopathic Surgeons Leases 7,867 SF at Office Building in Metro D.C.

by Camren Skelton September 5, 2017

ALEXANDRIA, VA. — The American College of Osteopathic Surgeons (ACOS) has leased 7,867 square feet at 1680 Duke Street, a five-story boutique office building in Alexandria, roughly eight miles south of Washington, D.C. Donahoe Real Estate Services represented the landlord, KP Duke Street LLC, in the lease transaction, and CRESA DC represented ACOS. The 48,000-square-foot building has undergone renovations including a new entrance and lobby and modernized elevators. ACOS will occupy the fifth floor of the building. With the lease, 1680 Duke Street is 90 percent leased to tenants including the National School Boards Association and CVS/pharmacy.

September 5, 2017

Healthcare New York Northeast

The Congress Cos. to Break Ground on $60M White Plains Institute for Rehabilitation & Healthcare

by Jaime Lackey August 31, 2017

WHITE PLAINS, N.Y. — White Plains Healthcare Properties I LLC has selected The Congress Companies as developer and the joint venture Congress/Consigli JV as the construction manager for the 110,000-square-foot White Plains Institute for Rehabilitation & Healthcare. The $60 million dollar facility consists of 160 beds of skilled nursing, including 76 specialized rehabilitation beds, 42 Alzheimer’s secure beds, and 42 long-term care beds. It will be operated by tenant EPIC Healthcare. The Architectural Team (TAT), of Chelsea, Mass., designed the facility. Congress/Consigli JV worked with TAT and EPIC to bring the project through pre-construction to the construction phase, providing scheduling, line item budgeting, value engineering, cost estimating, and evaluations of alternative building system options. A groundbreaking ceremony will be held Sept. 7.

August 31, 2017

Healthcare Midwest Missouri

McGrath Completes Construction of NICU at Hospital in O’Fallon, Missouri

by Kristin Harlow August 31, 2017

O’FALLON, MO. — McGrath & Associates has completed construction of a neonatal intensive care unit (NICU) within the Childbirth Center at Progress West Hospital in O’Fallon. The eight-bed NICU will allow the hospital to care for premature babies born as early as 32 weeks after pregnancy. The NICU features eight newborn intensive care beds throughout a special care nursery, procedure room and baby nursery. Fox Architects was the project architect.

August 31, 2017

Healthcare Southeast Tennessee

Erlanger Health Breaks Ground on $40M Children’s Hospital in Chattanooga

by Camren Skelton August 30, 2017

CHATTANOOGA, TENN. — Erlanger Health System has broken ground on a $40 million children’s hospital in Chattanooga. The new 50,000-square-foot facility will provide service to more than 1 million children in the Southeast and include centers for child psychology, physical therapy and hypertension, as well as a childhood healthy eating and active living center. Erlanger Health System is the seventh largest public hospital in the country. The new hospital will be partially funded through community donations.

August 30, 2017

Georgia Healthcare Southeast

SG Property Buys Two Medical Buildings in Metro Atlanta for $11.9M

by Camren Skelton August 25, 2017

JOHNS CREEK AND ALPHARETTA, GA. — SG Property Services, an Atlanta-based real estate firm, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The properties are located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, respectively. Both properties are roughly 30 miles north of Atlanta, and together total 55,664 square feet. Jodi Selvey of Colliers International represented the physician owner of Johns Creek Medical and Lee Asher of CBRE represented the owner of the Swan Building. At the time of sale, Johns Creek Medical was 100 percent leased to a single tenant. The Swan Building was leased to a mix of medical practices including a plastic surgery center. SG Property Services plans to fill remaining vacancies at The Swan Building with medical users and renew existing tenants with long-term leases.

August 25, 2017

Healthcare Michigan Midwest

Medical Practice to Open 14,180 SF Office in Grand Rapids, Michigan

by Kristin Harlow August 25, 2017

GRAND RAPIDS, MICH. — Grand Valley Medical Specialists (GVMS) has signed a 14,180-square-foot lease to open a medical practice in Grand Rapids. The property, which will accommodate more physicians and patients than the former 10,363-square-foot location on Wealthy Street, is located at 1000 E. Paris Avenue Southeast. GVMS currently employs 15 doctors and five advanced practice providers. GVMS provides primary patient care to the whole family, from infants to adults, through its pediatric, family and internal medicine practices. Although GVMS began seeing patients at the East Paris location on July 18, renovations to the interior of the building are underway, including upgrades to the common areas and restrooms, as well as a remodeling of the lobby. MB Real Estate-health care, the lessor, is managing the renovation project. Mary Anne Wisinski-Rosely and Jason Makowski of NAI Wisinski of West Michigan negotiated the lease transaction.

August 25, 2017

Healthcare Texas

Pisula Acquires 62,000 SF Transitional Care Facility in Conroe, Texas

by Taylor Williams August 24, 2017

CONROE, TEXAS — The Woodlands-based Pisula Development Co. has acquired Brightpointe at Rivershire, a 62,000-square-foot healthcare facility situated on three acres at 601 S. Conroe Medical Drive in Conroe. Completed in 2016 and financed by Woodforest National Bank, the facility offers 150 beds for patients requiring medical and physical rehabilitation after being hospitalized.

August 24, 2017

Healthcare Nevada Western

SR Construction Completes Two Neighborhood Hospitals in Las Vegas for Dignity Health

by Nellie Day August 23, 2017

LAS VEGAS — SR Construction has completed construction of two of the Las Vegas Valley’s first neighborhood hospitals, North Las Vegas Campus and Blue Diamond Campus. The projects are a joint venture between Dignity Health and Emerus. The North Las Vegas Campus Neighborhood Hospital is located at 1550 W. Craig Road in North Las Vegas and was the first to be built in the state. The three-story building houses a licensed hospital on the first floor with 16 patient rooms. The hospital also has a diagnostic imaging suite, lab, inpatient waiting room, and space for primary care and specialty physicians, in addition to a wellness center. The Blue Diamond Campus Neighborhood Hospital is located at 4855 Blue Diamond Road. It was the second of four facilities to open. The 27,000-square-foot, two-story building mirrors a similar layout housing a licensed hospital on the first floor. It also has a diagnostic imaging suite, lab, inpatient waiting room and space for primary care and specialty physicians, in addition to a wellness center located on the second floor.

August 23, 2017

Healthcare Texas

NAI Arranges Sale of 41,616 SF Medical Office Building in San Antonio

by Taylor Williams August 23, 2017

SAN ANTONIO — NAI Partners has arranged the sale of a 41,616-square-foot medical office building located at 8307 Gault Lane in San Antonio. Joshua Swank of NAI represented the seller, a private partnership, in the transaction and procured the buyer, a group of private investors. Other terms of sale were not released.

August 23, 2017

Healthcare Texas

Equity to Develop 42,000 SF Medical Office Property in Metro Austin

by Taylor Williams August 21, 2017

LAKEWAY, TEXAS — Equity LLC will develop a 42,000-square-foot medical office property on 2.8 acres within the Baylor Scott and White-Lakeway Regional Medical Center campus in the Austin metro of Lakeway. Premier Family Physicians will serve as the anchor tenant of the new development. The project will include 190 surface-level parking spaces. Leasing of the property is expected to commence in January 2019.

August 21, 2017

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