LEAGUE CITY, TEXAS — McCarthy Building Cos. has been awarded The University of Texas Medical Branch Victory Lakes Specialty Care Center expansion project in League City. The $52.3 million, design-build project includes the addition of 142,000 square feet to the existing outpatient center. The expansion includes additional operating rooms, an emergency department, observation units and associated support space. The project is scheduled for a spring 2015 completion.
MENOMONEE FALLS, WIS. — Ryan Cos. has completed construction on the new 145,000-square-foot Froedtert Health Menomonee Falls Clinic, a five-story medical office building. Located at the northeast intersection of Town Hall Road and Custer Lane in Menomonee, about 20 miles west of Milwaukee, the building will house more than 60 physicians and providers to complement the health services provided at the adjacent Froedtert Health Community Memorial Hospital. Wright Heerema Architects and Anderson Mikos Architects designed the building, which opened in December. Ryan Cos. provided design-build construction services and will manage the property.
GARNER, N.C. — Capital Advisors has arranged a $7.25 million loan for the recapitalization of 100 and 300 Health Park Dr. in Garner. The property consists of two medical office buildings and a combined 42,591 square feet. It is 35 percent leased to an affiliate of Rex Healthcare. Clark Jenkins of Capital Advisors’ Raleigh, N.C., office secured the seven-year, fixed-rate loan with a 30-year amortization schedule on behalf of CPG PIA Health Park LLC. The loan was secured through a correspondent lender and will be serviced by Capital Advisors.
NORTHVILLE TOWNSHIP, MICH. — Bernard Financial Group has arranged a $49.5 million credit-tenant lease loan for the development of a University of Michigan healthcare facility. The borrower is REIS-MOB I LLC and the lender is Mesirow Financial. The 100,000-square-foot medical office building will sit on 9.9 acres and is located in Northville Township, about 30 miles west of Detroit. According to the University of Michigan, the health care center is slated to open in 2014. Dennis Bernard and Kevin Kovachevich of Bernard originated the loan.
DALLAS — Hammond Hanlon Camp LLC, a healthcare investment banking firm, has advised SRP Medical and Forest Park Medical Center on the $26.75 million sale of Forest Park Pavilion, a 69,000-square-foot medical office building in Dallas. Healthcare Trust of America, a publicly traded REIT, has purchased the property, which is fully leased to Forest Park Medical Center and third-party physicians. Forest Park Pavilion is part of the Forest Park Medical Center campus.
INDIANAPOLIS — Lancaster Pollard has arranged $39 million in loans for the refinancing of seven nonprofit skilled nursing and skilled pediatric facilities in Indiana and Illinois, owned by Hoosiers Care. The facilities include: Exceptional Living Center of Brazil in Brazil, Ind.; Randolph Nursing Home in Winchester, Ind.; Richland Bean-Blossom Health Care Center in Ellettsville, Ind.; Vernon Manor Children’s Home in Wabash, Ind.; Exceptional Care and Training Center in Sterling, Ill., Swann Special Care Center in Champaign, Ill., and the Walter J. Lawson Children’s Home in Loves Park, Ill. Steve Kennedy and Chris Blanda led the Lancaster Pollard team that arranged the loans through the FHA 232/223(f) program.
HOUSTON — McShane Healthcare Solutions has completed a new 35,240-square-foot sports medicine and athletic facility, located within the Houston Amateur Sports Park at 12211 Kirby Drive in Houston. The owner, Competitive Edge Sports (CES) Performance, occupies an 18,505-square-foot custom, high-bay space within the new complex. The Methodist Center for Sports Medicine, the official healthcare provider of the Houston Texans, Astros, Dynamo, Rice Athletics, Houston Rodeo, Houston Symphony, Houston Ballet and the Houston Grand Opera, occupies 7,000 square feet in the complex. The single-story facility will also serve as the permanent training center of the Dynamo soccer team, with the team occupying 5,125 square feet of space. Cadence McShane Construction Co. provided the design/build construction services, and Houston-based Seeberger Architecture will provide architectural services.
TEHACHAPI, CALIF. – Tehachapi Health Care District Hospital, a new $56-million, 78,979-square-foot hospital, will soon break ground in Tehachapi. The 25-bed facility will replace the hold hospital, which does not meet current California Seismic Safety Standards. Construction will commence in February and is scheduled for completion in 2015. Tehachapi is southeast of Bakersfield and just west of the Mojave Desert. The hospital will be built by a joint venture between Bernards and Colombo Construction Company, which will provide construction management services for the Tehachapi Health Care District. The facility will be designed by Stephen Wen of SWA Architects.
SAN ANTONIO — Construction is nearly under way on the new 150,000-square-foot Forest Park Medical Center, located at 5510 Presidio Parkway in northwest San Antonio. The full-service hospital will feature 54 beds, 12 operating rooms, two procedure rooms, diagnostic imaging suites, a laboratory, pharmacy and cafeteria. The hospital is slated for a second half 2014 delivery. The project team for the hospital includes BOKA Powell (design architect), Neal Richards Group (owner/developer), Rogers-O'Brien (general contractor) and Vibrant Healthcare (operator).
KATY, TEXAS — The U.S. Department of Veterans Affairs is opening the new 30,000-square-foot Katy VA Outpatient Clinic, located at 750 Westgreen Blvd. in Katy, this summer. The facility will provide primary healthcare, mental healthcare, women's specialty care, X-rays, telemedicine, teleretinal imaging, pharmacy, optometry and audiology services. The property will be 40 percent leased to the VA, and the facility is only the second VA location in the Houston area. J. Beard Real Estate Co. will serve as the leasing agent for the medical center.
