TAYLOR, MICH. — Aspen Dental, a dental care provider, has inked a 3,200-square-foot lease at the northwest corner of Eureka and Racho roads in Taylor, about 18 miles outside of Detroit. Gabe Schuchman, Tony Schmitt and Samantha Tullio of Mid-America Real Estate-Michigan represented the tenant in the transaction.
CANTON, OHIO — Luttner Real Estate Investment Services has arranged the $5.6 million sale of a 32,160-square-foot medical office building in Canton. The property, which was built in 2000, is leased to NeuroCare Center. Neurocare recently entered into a new, 15-year lease. Mark Luttner of Luttner Real Estate Investment Services represented the seller, a private ownership group. He also procured the buyer, a private East Coast investor.
THORNDALE, PA. — Eastern Thorndale Partners has acquired a 10,840-square-foot medical office building at 3025 C.G. Zinn Rd. in Thorndale for $1.3 million. Constructed in 1994, the two-story building includes exam rooms, X-ray rooms and administrative offices. The building layout is conducive to usage by multiple tenants. Scott Williams of Binswanger represented the landlord, HMBT Realty Associates, in the transaction.
MESA, ARIZ. — Banner Health has purchased 21 acres in Mesa for $6.3 million. The acreage is located just east of the southeast corner of US 60 and Greenfield Road. The seller, Crisko LLC, was represented by Brent Moser, Mike Sutton and Brooks Griffith from Cassidy Turley BRE Commercial’s Land Group.
TEXAS AND OKLAHOMA — Broadstone Net Lease, a REIT managed by Broadstone Real Estate Services, has acquired six net-leased medical office properties for $17.2 million. The properties are located in Oklahoma and Texas, as well as Arkansas, Kansas and Kentucky.
FALLS CHURCH, VA. — INOVA Health System has selected Suffolk Construction to build the $16 million, 115,000-square-foot INOVA Fair Oaks Medical Office Building VI, located at 3190 Fairview Park Drive in Falls Church. The project is designed to LEED Silver certification standards. Sittler Development Associates is the development consultant, Architecture Inc. is the project architect, Dewberry & Davis is the civil engineer, Leach Wallace Associates is the MEP Engineer and Rathgeber/Goss Associates is the structural engineer. Groundbreaking is scheduled for June with completion slated for June 2013.
CHICAGO — McShane Construction Co. has been selected to build the 89,630-square-foot Oakwood Shores Terrace Apartments and Mercy Medical Center. The mixed-use development will be located at 3753-3755 S. Cottage Grove Ave. in Chicago's Bronzeville neighborhood. The project will include 48 apartment units — 36 of which are affordable housing — and 28,000 square feet of medical office space on the first two floors of the building. Mercy Hospital and Medical Center will operate the medical office space. The Community Builders is the project developer and NAI Architects and Lee Incorporated are providing design services. The building is slated for completion in May 2013.
PLAINSBORO, N.J. — Construction is complete on the Medical Arts Pavilion, a 140,000-square-foot medical office building that is part of the new University Medical Center of Princeton in Plainsboro. The medical center is a replacement hospital for the existing location in downtown Princeton. The five-story Medical Arts Pavilion is located at 5 Plainsboro Rd. Princeton Health Care System occupies more than 70 percent of the building and will operate an ambulatory surgical center, diagnostic radiology and other medical functions. The remaining space will be available for private physicians offices. The project is owned by Partners Health Trust, a joint venture between Trammell Crow and a public pension fund.
GOODYEAR, ARIZ. — Mountain Ranch Medical Commons, an 18,000-square-foot, Class A medical office facility, is going to be developed within the mixed-use, master-planned community of Goodyear. It will reside on 5.3 acres. The official groundbreaking is scheduled for fall 2012 with a mid-2013 opening date. Mountain Ranch is being developed by Irgens. The land inside Estrella was purchased from Newland Communities, while Banner Health will serve as the anchor medical tenant. It is being designed by architect 33 North. Bruce Campbell of CBRE is serving as the listing broker for the balance of the project.
COLUMBUS, OHIO — Crews lifted the final beam into place for the $1.1 billion James Cancer Hospital and Solove Research Institute and Critical Care Center, located on the Ohio State University medical campus. When complete in 2014, the 21-story hospital will be one of the 15 tallest hospitals in the nation. The Wexner Medical expansion is the largest expansion project in OSU's history. The project is slated to create 6,000 permanent research and healthcare professional positions.