TACOMA, WASH. — Allenmore Medical Center’s Building B, an 86,942-square-foot, mid-rise medical office building in Central Tacoma, has sold to Berschauer Group NW, LLC for $10.4 million. It resides on the Multicare Health System’sAllenmore hospital campus. The seven-story building is located at 1901 South Union Ave. The seller, Unico Medical Properties, LLC, was represented by Lori Hill,Stuart WilliamsandAnn Chamberlin of Jones Lang LaSalle’s Seattle office, Joe Euphratof JLL’s Capital Markets-Healthcare practice and Bill Frame of Kidder Mathews.
Healthcare
TACOMA, WASH. — Allenmore Medical Center’s Building B, an 86,942-square-foot, mid-rise medical office building in Central Tacoma, has sold to Berschauer Group NW, LLC for $10.4 million. It resides on the Multicare Health System’s Allenmore hospital campus. The seven-story building is located at 1901 South Union Ave. The seller, Unico Medical Properties, LLC, was represented by Lori Hill, Stuart Williams and Ann Chamberlin of Jones Lang LaSalle’s Seattle office, Joe Euphrat of JLL’s Capital Markets-Healthcare practice and Bill Frame of Kidder Mathews.
ST. LOUIS — A $2 million expansion of the Pain Management Center at Barnes-Jewish Hospital (BJH) in St. Louis is scheduled for completion in May. The project will expand the BJH Pain Management Center into a new 11,000-square-foot space on the 14th floor of the Center for Advanced Medicine. Construction began in February. McGrath is providing construction management services, and the design team includes OWH Inc. and EDM Inc. More than 25 percent of the project contract has been awarded to minority-owned and women-owned businesses. Disadvantaged business subcontractors include Miller Building Group, Waterhout, Deluca/BE Scaife, Mechanical Solutions, Pro Insulation and Guarantee/TD4.
DALLAS — Healthcare Trust of America Inc. (HTA) has purchased Forest Park Tower, a 130,000-square-foot Class A medical office building in Dallas, for $48.7 million. Forest Park Tower was built in 2010 and is located on Forest Park Medical Center's campus. The property was fully leased to a mix of Forest Park and individual physician tenants. The acquisition was funded with proceeds raised through HTA's equity-at-the-market program.
BLOOMSDALE, MO. — McGrath & Associates has completed construction of the $5 million Bloomsdale Medical Center, an expansion of Ste. Genevieve County Memorial Hospital in Bloomsdale, located about 50 miles south of St. Louis. The new facility is a regional center for women’s and family health. The center offers diagnostics, breast care and imaging with five exam rooms, digital mammography, as well as conference rooms and a massage area. Archimages was the architect.
HOFFMAN ESTATES, ILL. — Alexian Brothers Health System has opened a $125 million children's hospital in Hoffman Estates, a suburb of Chicago. The 126-bed hospital, on the campus of St. Alexius Medical Center, offers a wide range of services, including neurosurgery, private maternity suites, 38 labor and delivery rooms and a 16-bed neonatal intensive care unit. The 210,000-square-foot facility is also home for The Center for Pediatric Brain, the first center of its kind in the country, where pediatric neurologists provide services such as epilepsy treatment, concussion recovery and neuropsychological and developmental evaluations for children. The hospital is located at 155 E. Barrington Road.
FORT WAYNE, IND. — Johnson Development has plans to redevelop a 34,000-square-foot building into a U.S. Department of Veterans Affairs (VA) outpatient facility at Parkview Hospital’s Randallia campus in Fort Wayne. The clinic, which will provide outpatient healthcare services for veterans across northern Indiana, is slated for completion in March 2014. Birmingham, Ala.-based Johnson Development is the project developer and will manage the property for the owner, Parkview Hospital.
SARASOTA, FLA. — Broadstone Net Lease has acquired a three-building medical office portfolio in Florida as part of a sale-leaseback deal. Gulf Coast Surgery Center Inc. was the seller. The portfolio includes a 20,138-square-foot property at 4947 Clark Road and a 24,896-square-foot property at 4937 Clark Road in Sarasota. The deal also included a 5,086-square-foot medical office building at 856 Indiana Ave. in nearby Englewood, Fla. Juan Vega and Pam Pester of Cassidy Turley represented the seller in the transaction.
PRAIRIE DU CHIEN, WIS. — USDA Rural Development is in final process of providing a $32.4 million Community Facility Direct loan for Prairie du Chien Memorial Hospital. The loan will be used for the construction of a new 25-bed acute care hospital. Dougherty Mortgage LLC acted as a consultant to assist with the process of obtaining and structuring the USDA loan. The USDA funding for this project is contingent upon the completion of an environmental review process and the recipient meeting the terms of the loan agreement.
OXNARD, VENTURA, CALIF. — Kaiser Permanente has purchased two Class A buildings in Central California that it currently occupies for $15.2 million. The buildings are located at 2200 East Gonzales in Oxnard and 888 South Hill in Ventura. Each building contains 31,235 square feet and is fully occupied by Kaiser. The seller, Wilmington Trust, which worked on behalf of a privately held trust, was represented by CBRE’s Bryan Lewitt, Chris Bodnar, Lee Asher and Chris Isola.