Healthcare

El-Paso-VA-Health-Care-Center

EL PASO, TEXAS — The U.S. Department of Veterans Affairs (VA) will open a 492,000-square-foot ambulatory care facility in El Paso. The six-story building will be located on the William Beaumont Army Medical Center campus at Fort Bliss and will feature 47 different departments to augment the campus’ continuum of care. Specialty practices and services that will be housed within the facility will include radiology, pathology, audiology, prosthetics and rehabilitation for traumatic brain and spinal cord injuries. The facility will also offer a specialized women’s clinic, spaces for mental health and substance abuse programs, a dental suite and an eyecare clinic. Amenities will include an 18,000-square-foot healing garden, a 6,500-square-foot outdoor café and a 5,000-square-foot shaded staff plaza. The project team includes architecture firms SmithGroup and HKS, Clark Construction Group and The U.S. Army Corps. of Engineers. Construction is underway and slated for a 2028 completion.

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JACKSONVILLE, FLA. — Easterly Government Properties Inc., a publicly traded REIT focused on the acquisition, development and management of commercial properties leased to the U.S. government, has acquired a 193,100-square-foot outpatient facility in Jacksonville leased to the Department of Veterans Affairs (VA). The property is the final asset to be acquired in Easterly’s previously announced portfolio of 10 properties that are fully leased to the VA under predominately 20-year firm term leases. The sales price was not disclosed. The Jacksonville VA clinic was delivered last November and replaced two smaller regional VA facilities. In addition to primary and specialty healthcare services, the facility also features a domiciliary that provides housing to veterans who are otherwise homeless, require substance abuse treatment or need additional full-time care. Easterly currently owns, directly or through a joint venture, 94 properties totaling 9.2 million square feet.

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West-Bed-Tower-Shannon-Medical-Center-San-Angelo-Texas

SAN ANGELO, TEXAS — General contractor Hoar Construction has completed a 140,000-square-foot healthcare project in the Central Texas city of San Angelo. Designed by O’Connell Robertson, the seven-story building is an expansion of the 1.5 million-square-foot Shannon Medical Center, and the operator of that facility is also the lead developer of the project. The building comprises three levels of parking and four levels of patient care facilities, including a 19,310-square-foot intensive care unit on the third floor. The fourth floor of the facility features patient rooms, and the fifth and sixth floors remain shell space to be built out for future use. Construction began in February 2022.

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690-N-Cofco-Center-Ct-Phoenix-AZ

PHOENIX — Cushman & Wakefield has negotiated the sale of a medical office building, located at 690 N. Cofco Center Court in Phoenix. An entity managed by a subsidiary of LNR Partner sold the asset to an undisclosed buyer for $7.2 million. Built in 2002 on 4.8 acres, the two-story, 77,386-square-foot property is commonly known as Gateway Medical Center. At the time of sale, the multi-tenant property was 35 percent leased. The asset features a newly renovated, two-story lobby with a staircase, elevator service and covered canopy parking. Eric Wichterman and Mike Coover of Cushman & Wakefield’s Private Capital Markets in Phoenix represented the seller in the deal.

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AUBURN HILLS, MICH. — Behavioral Health Practice Services LLC, doing business as LifeStance Health, has signed a 4,810-square-foot medical office lease at 2251 N. Squirrel Road in Auburn Hills. David McHabnay and James Mitchell of Dominion Real Estate Advisors LLC represented the landlord, Five Points Professional Office Building LLC. Brandon Carnegie and Jamee Jester of CBRE represented the tenant, which signed an 89-month lease.

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DALLAS — Solender/Hall, a brokerage firm that specializes in helping nonprofits, has negotiated the sale of a 63,000-square-foot office building located at 9696 Skillman St. in northeast Dallas. The buyer, nonprofit organization Dallas Metrocare Services, plans to use the three-story building to provide mental health services, housing and homeless assistance. The building will also house a pharmacy and healthcare clinic for military families. BBH Capital Investments sold the property for an undisclosed price.

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BLOOMINGTON, ILL. — AXIS 360 Commercial Real Estate Specialists has brokered the $1.5 million sale of a 4.7-acre commercial lot on Towanda Barnes Road in Bloomington. Laura Pritts of AXIS 360 represented the undisclosed seller. Joseph & Camper Commercial represented the buyer, which plans to develop the property into medical-related use. The site is located between the Parke Regency Hotel and Conference Center and Compeer Financial.

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Southwest-Corporate-Center-Houston

HOUSTON — Edge Capital Markets has arranged the sale of Southwest Corporate Center, a 525,580-square-foot office and healthcare property in Houston. The 39-acre site at 9700-9702 Bissonnet St. is located on the city’s west side and includes 8.6 acres of undeveloped land for future expansion. Texas Children’s Pediatrics, the State of Texas and DIRECTV are the anchor tenants at the property, which was originally built in 1975 and renovated in 2020, according to LoopNet Inc. Micha van Marcke and Chace Henke of Edge Capital Markets represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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AITKIN, MINN. — The Bemidji office of Kraus-Anderson has completed a $70 million surgical addition and expansion at Riverwood Healthcare Center in central Minnesota’s Aitkin. Designed by DSGW Architects, the project features a 72,000-square-foot surgery addition. The hospital’s new surgery space consists of approximately 60,500 square feet of new surgical departments, including six operating rooms, two large procedure rooms, three endoscopy rooms, 25 prep and recovery rooms, a post-anesthesia care unit, sterile processing and staff support. Additionally, there is about 12,000 square feet of clinical space for general surgery, neck, back and spine, urology and ENT, as well as a front entrance and lobby to support the new surgical program. Construction began in August 2022.

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HOUSTON — Prenuvo, a provider of whole-body MRI imaging services, has signed a healthcare lease in Houston’s River Oaks area. The company is taking space within a six-story, 52,342-square-foot building at 3720 Westheimer Road, which is also home to beauty clinic SkinPharm, plastic surgery specialist Nuveau and Occu-Health Surgery Center. Chris Wadley and Madeline Cleary of JLL represented the locally based landlord, Ancorian, in the lease negotiations. Kevin Klink and Walker Ryan of Colliers represented Prenuvo.

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