EAST SETAUKET, N.Y. — Stony Brook University Hospital has signed a 16,000-square-foot lease on Long Island. The regional provider now occupies an entire 25,000-square-foot building within the 103-acre Stony Brook Technology Center campus in East Setauket. David Leviton from JLL represented the tenant in the lease negotiations. Maria Valanzano and Steven D’Orazio of Colliers represented the landlord, TRITEC Real Estate Co.
CORDELE, GA. — Hoar Construction has broken ground on the expansion and renovation of Crisp Regional Hospital in Cordele, about 66 miles south of Macon via I-75. Completion of the $18.3 million project is scheduled for August 2025. Plans include the addition of 15,000 square feet across two stories, including 7,500 square feet of operating suite space. Renovations will also include updates to the hospital’s existing administration, post-operation and entrance and waiting room spaces. The project team includes architect CDH Partners, program manager Impact Development Management, structural engineer Walter P. Moore, civil engineer Columbia Engineering and MEP engineer NBP Engineers.
FORT WORTH, TEXAS — Marcus & Millichap has arranged the sale of a 5,912-square-foot medical and retail center in North Fort Worth. The building, which was constructed in 2022, is home to tenants such as Heyday Family Dental, Core Wellness Studio and Texas Family Vision Center. Gus Lagos and Alex Wolansky of Marcus & Millichap represented the seller in the transaction. Marty McAdams of McAdams & Associates represented the buyer.
FORT LEE, N.J. — Regional provider Hackensack Meridian Health has opened a 5,550-square-foot primary care office practice in the Northern New Jersey community of Fort Lee. Five physicians who specialize in family medicine, internal medicine and cardiology will staff the facility, which is located at 301 Bridge Plaza North. An undisclosed physician and his family own the building.
MAPLE GROVE, MINN. — Transwestern Real Estate Services has brokered the $8 million sale of Maple Grove Executive Plaza, a 58,000-square-foot medical office building in the Minneapolis suburb of Maple Grove. The property at 7767 Elm Creek Blvd. is home to Children’s Minnesota Specialty Center, iSpine Clinics and Edina Realty. The building is 92 percent occupied, and 66 percent of the tenants are in the medical field. Mike Salmen, Erik Coglianese and Bryan Beltrand of Transwestern represented the seller, Merchant Development LLC. The buyer was an entity linked to MSP Commercial, a real estate firm focused on developing, acquiring and managing healthcare properties in the Twin Cities. MSP is planning capital improvements and extensive renovations to the building, including updating the common areas. The firm plans to prioritize bringing additional medical tenants to the building.
NORMAN, OKLA. — Indianapolis-based developer Bremner Real Estate has broken ground on the Oklahoma University Health Stephenson Cancer Center at Norman Regional, 48,000-square-foot healthcare project that will be located just south of Oklahoma City. The facility, which will serve patients from Norman Regional Health System and OU Health, will feature an underground tunnel connection to the main hospital, 24 infusion bays, exam rooms and physician office spaces. Completion is slated for 2025.
WARWICK, R.I. — A joint venture between Boston-based Sendero Capital and alternative asset manager Angelo Gordon has purchased a 30,000-square-foot medical office building in Warwick, located just south of Providence. Neurology practice NeuroHealth serves as the building’s anchor tenant, occupying about 40 percent of the space, with the remainder fully leased to three different tenants. Mindy Berman, Anthony Sardo and Landon Weaver of JLL represented the joint venture in the transaction.
KINGSTON, PA. — Colliers has arranged the sale of a 25,545-square-foot retail and healthcare building in Kingston, about 20 miles southwest of Scranton. The building was fully leased at the time of sale, with Vive Health & Fitness serving as the anchor tenant. Other users include Dental Specialists of NEPA and Shine Salon. Jeff Algatt and John Susanin of Colliers represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
SUGAR LAND, TEXAS — Edloe Ventures, a real estate affiliate of the Edloe Health network (formerly known as Elite Health Services), has completed a 16,100-square-foot medical office building in the southwestern Houston suburb of Sugar Land. Telfair Medical Court, which is also now home to Edloe Imaging, is located at 6927 Brisbane Court. JLL is marketing the remainder of the space for lease.
IRVING, TEXAS — WellMed Medical Management has signed a 3,154-square-foot lease at 8403 Sterling St. in Irving. The medical office space is located within Commerce Office Park. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord in the lease negotiations. Erik Sheets of Medcore Partners represented the tenant.