SEWELL, N.J. — CB Richard Ellis (CBRE) has arranged the sale of a medical office property in Sewell for $3.12 million. The 15,000-square-foot building is located at 570 Egg Harbor Road, less than a mile from Kennedy University Hospital's Washington Township campus and Virtua Hospital's new Gloucester County campus. The property is fully occupied through 2013 by the University of Medicine & Dentistry of New Jersey. CBRE's Douglas Rodio and Stephen Marzullo represented the seller, Guzzo Developers, and procured the buyer, a private investor.
Healthcare
PITTSBURGH — Healthcare Trust of America (HTA) has acquired a 191,612-square-foot medical office building located in Pittsburgh for approximately $40.5 million. Federal North is a four-story property located within two blocks of the 724-bed Allegheny General Hospital. It features a separate 525-space parking garage. Occupancy was 99 percent at the time of closing. The seller's name was not disclosed.
PORTSMOUTH, N.H. — Construction will soon commence for a new medical facility in Portsmouth. Northeast Rehabilitation Hospital will be a 33-bed, 46,000-square-foot facility that will provide acute rehabilitation services for the Northeast Rehabilitation Health Network. The project will be located within the Pease Tradeport Campus. Concord, N.H.-based North Branch Construction is serving as general contractor, and locally based JSA Inc. is serving as project architect. Completion is expected in spring 2011.
SANTA MONICA, CALIF. — Sixteenth Street Medical Center LP will develop a three-story, 50,000-square-foot outpatient surgery facility located at 1223 16th Street in Santa Monica. The development team, led by Randall Miller of The Nautilus Group, will build the facility for UCLA, which signed a long-term lease in February to occupy the entire building. The Michael W. Folonis Architects-designed property will be situated across the street from the Santa Monica-UCLA Medical Center and Orthopedic Hospital and is expected to obtain LEED Gold certification upon completion.
WHITTIER, CALIF. — Marcus & Millichap has brokered the $9 million acquisition of Doctor's Medical Center, a 40,659-square-foot medical office building located at 8135 South Painter Ave. in Whittier. Featuring newly opened surgery and imaging facilities, Doctor's Medical Center is situated one mile from Presbyterian Intercommunity Hospital, a 453-bed, acute-care campus. Marcus & Millichap’s Evan Kovac and Nic Lyon represented the buyer, a private investor, in the transaction.
COLUMBUS, OHIO — Turner Construction Co. has broken ground for the construction of Research Building III for Nationwide Children’s Hospital in Columbus. The 225,000-square-foot facility will serve as an anchor for the west campus expansion of Nationwide Children’s Hospital. The facility will house the Battelle Center for Mathematical Medicine, the Center for Cardiovascular and Pulmonary Research and the Center for Perinatal Research. Completion is slated for 2012. The project is being designed and constructed to meet LEED certification requirements.
MANCHESTER, N.H. — Construction has topped out for a 258,000-square-foot urgent care center in Manchester. The project, which can be expanded to 376,500 square feet, is being constructed for Elliot Hospital. It is part of The Elliot at River's Edge, an approximately 500,000-square-foot mixed-use project that is being developed as a public-private partnership led by locally based Anagnost Cos. At full build out, The Elliot at River's Edge will contain the urgent care center, a 126,000-square-foot medical office building, a 24-unit apartment building, an 11,300-square-foot retail building, two parking garages and a riverfront park.
TINLEY PARK AND ARLINGTON HEIGHTS, ILL. — Krusinski Construction Company is constructing an expansion for Pronger Smith MedicalCare in Tinley Park. The 37,800-square-foot addition will include MRI, CT, physical therapy and treatment rooms, pediatric exam rooms, sleep lab and an OB suite. Project partners include Irgens Health Care Facilities Group and Brubaker Architects. Additionally, the company recently completed the build-out of a 12,000-square-foot laboratory space for Intertek. The space will be used to test textile materials, food and juvenile products. Additionally, Krusinski constructed a test kitchen at the site. Inverness, Ill.-based Kwasek Architects provided architectural services for the project.
MERCED, CALIF. — McCarthy Building Cos. has completed construction of the new $166 million Mercy Medical Center replacement hospital in Merced. A Catholic Healthcare West affiliate, the medical center consolidates two existing campuses into one facility consisting of an eight-level, 185-bed, 266,000-square-foot general acute tower and a 19,000-square-foot central plant. The Mercy Medical Center includes the following departments: Intensive Care Unit (ICU), Surgery Center, Operation Recovery, Labor and Delivery, Neonatal ICU, Newborn Nursery, Emergency Room and Ambulatory Care. RBB Architects was the project designer, and Harris & Associates was the owner’s construction manager.
EDINA, MINN. — Allina Hospitals & Clinics has selected RJM Construction for an expansion and remodel at Abbott Northwestern’s Center for Outpatient Care in Edina. The project includes a 4,700-square-foot expansion for Abbott Northwestern General Medicine Associates (ANGMA) and a 1,400-square-foot remodel of Abbott Northwestern Imaging Center. The project will include the construction of 16 exam rooms at ANGMA, an expansion of the ANGMA waiting room, the addition of two physician workrooms, and the relocation and remodel of the existing first-floor imaging center. Perkins+Will and Dunham are providing architectural and engineering services for the project, respectively. The project is scheduled for completion in August.