EDEN PRAIRIE, MINN. — HFF has arranged $32.5 million in financing for the Eden Prairie headquarters of UnitedHealth Group's health services business, Optum. Bank of America Merrill Lynch provided the 10-year, fixed-rate loan. The 473,325-square-foot property is fully leased to UnitedHealth Group. Brandon Chavoya, Coler Yoakam and Mark West of HFF's Dallas office led the HFF team in the deal. The property is located at 13625 Technology Dr.
MONONA, WIS. — The Yahara Health Clinic, a 32,000-square-foot medical office building in Monona, has sold for $9.6 million. The building is fully leased on a triple-net basis for 10 years. Michael Bennett of Newmark Knight Frank's Chicago office represented both the buyer and the seller in the transaction. The buyer is a non-traded real estate investment trust based on the East Coast.
SWANSEA, ILL. — Holland Construction has completed renovation of the Memorial and St. Elizabeth's Cancer Treatment Center at 4000 Illinois St. in Swansea. The project included restroom and lighting renovations, and previously unused space was converted into work space for the medical physics team. St. Louis-based HDA Inc. served as the architectural firm for the project.
HOLDEN, MASS. — Margulies Peruzzi Architects and Cutler Associates have been selected to design and construct and new medical office building in Holden. The companies will develop a 36,000-square-foot building at the entry to the Boyden Road Campus for Oriol Health Care. The facility will house a family medical practice and other healthcare providers. The project is expected to be complete by the end of this year or early 2013.
WESLEY CHAPEL, FLA. — Adventist Health System has selected Alter+Care to develop the 100,000-square-foot Wellness Plaza at Florida Hospital Wesley Chapel, a three-story wellness facility and medical office building located in Wesley Chapel. The 50,000-square-foot wellness center will include a 25-meter lap pool, warm water therapy pool, locker rooms, an indoor walk/jog track, massage services, group exercise studios, conference rooms, cardio and free weights equipment, a heart-healthy cafe, logo shop and disease management and wellness education programs. The remainder will be leased to physicians and ancillary healthcare service providers. Completion is slated for fall 2012.
WEST POINT, N.Y. — Philadelphia-based EwingCole has designed a new $34 million addition to the Keller Army Community Hospital Clinic at the U.S. Military Academy at West Point. The project is expected to be complete in May of 2014. The 51,000-square-foot addition will be home to the optometry, ophthalmology, physical therapy and orthopedic clinics. The project will be completed in phases to allow the hospital to remain open during construction.
GAINESVILLE, FLA. — St. Petersburg, Fla.-based Bessolo Design Group has been selected by Ohio-based Equity, Inc., to build an $11 million, 180-bed skilled nursing facility, located on Archer Rd. in Gainesville. Bessolo Design Group will provide architectural and engineering services for the 76,000-square-foot property, which will include private, semi-private and memory care suites.
BELLEVILLE, ILL. — Holland Construction Services has completed The Center for Orthopedic and Neurosciences in Belleville, which is now open to patients. The new 85,000-square-foot building is the third medical office building and the first freestanding structure on Memorial Hospital's Belleville campus. The $24 million building includes additional physician office space, X-ray services and a cafe. St. Louis-based ACI/Boland provided architectural services for the project.
BURIEN, WASH. – Navos Mental Health Solutions has received $8 million in New Markets Tax Credit (NMTC) financing for the completion of a 52,400-square-foot Behavioral Health Care Campus in Burien. The financing was provided by WNC & Associates. The facility will be developed by Navos, designed by DKA Architecture and built by Abbott Construction. It is anticipating a fall 2012 opening. The NMTC is a federal program that was created to support economic and community development in low-income communities.
GAINESVILLE, FLA. — Gainesville-based Charles Perry Partners Inc. (CPPI) has broken ground on North Florida Regional Medical Center's $32 million, 116,380-square-foot patient tower, located at 6500 Newberry Rd. in Gainesville. The 92-bed facility will include a state-of-the-art, 12-position Level II Neonatal Intensive Care Unit. Nashville, Tenn.-based Earl Swensson Associates designed the property. In addition, CPPI will renovate 25,106 square feet of space in the cardiology department. A cath lab will be added and non-invasive cardiology, medical records and nuclear medicine will be relocated. Completion is slated for June 2013.