Healthcare

LEOPARDO COMPLETES $7 MILLION MEDICAL OFFICE BUILDING

by admin June 17, 2009

GLEN ELLYN, ILL. — Leopardo Construction has completed construction for a $7 million medical office building in Glen Ellyn on behalf of Central DuPage Hospital. The three-story convenient care facility is situated at 885 Roosevelt Rd., adjacent to an existing Central DuPage Hospital Health Track Facility. The new building features radiology, trauma and internal medicine departments, as well as diagnostics facilities. The two buildings share an existing parking area. Leopardo served as general contractor with architectural services being provided by RTKL.

June 17, 2009

WALTON COMPLETES CHESTERFIELD MEDICAL INSTITUTE

by admin June 17, 2009

CHESTERFIELD, MO. — The St. Louis office of Walton Construction has completed Chesterfield Medical Institute, a 20,000-square-foot ambulatory surgery center and medical office building located in Chesterfield. The $6.8 million project consists of a two-story building situated on Chesterfield Parkway. The project architect during construction was Feeler Sheer Architects. Tenants at the building include Laser & Dermatologic Surgery Center, West County Dermatology and Generation Dental Group. The property is owned by Drs. George Hruza, Dan Ring and Julie Ring.

June 17, 2009

Healthcare Texas

NORTHMARQ ARRANGES FINANCING OF MEDICAL OFFICE BUILDING

by admin June 17, 2009

SAN ANTONIO — NorthMarq Capital has arranged first-mortgage financing for 8500 Village Medical Office Building, a 23,165-square-foot property located in San Antonio. The building is currently occupied by Radiology Associates, Monarch Dental, Pathways Services and other medical groups. Roger Trapnell and Warren Hitchcock of NorthMarq’s Houston office secured the loan, which carries a 25-year term and a 25-year amortization schedule. The lender was StanCorp Mortgage Investors. The borrower and the loan amount were not disclosed.

June 17, 2009

Healthcare Midwest

ALTERRA COMPLETES TWO MOB SALES FOR $2.44 MILLION

by admin June 12, 2009

HILLIARD AND COLUMBUS, OHIO — Columbus-based Alterra Real Estate Advisors has completed the sale of two Columbus-area medical office buildings for a total of $2.44 million. The first property is located at 5300 Nike Dr. in Hilliard and traded for $1.54 million. The second property is located at 1547 W. Broad St. in Columbus and traded for $900,000. Both properties are currently occupied by Mt. Carmel Health Systems. Brad Kitchen of Alterra represented the seller in both transactions, 36 Fiesta Lane LLC. The Nike Drive property was acquired by Golden Unity LLC, which was represented by Roya Ghodsi of ReMax Town Center. Acquisition financing was provided by US Bank. The Broad Street property was purchased by Andrew Tran of San Diego.

June 12, 2009

Healthcare Western

HELD PROPERTIES COMPLETES $43 MILLION MEDICAL PLAZA SALE

by admin June 12, 2009

LOS ANGELES — Century City, Calif.-based Held Properties has completed the disposition of 100 UCLA Medical Plaza in Los Angeles. The Regents of the University of California acquired the property for $43 million. Located adjacent to the Ronald Reagan UCLA Medical Center at the entrance to the UCLA campus, the seven-story, 123,000-square-foot medical center is currently 100 percent leased at the time of acquisition. Held Properties and construction partner Jones Brothers completed the 100 UCLA Medical Plaza in 1991.

June 12, 2009

Healthcare Southeast

STEVENS BEGINS CONSTRUCTION ON MEDICAL OFFICE RENOVATION

by admin June 9, 2009

ZEPHYRHILLS, FLA. — Fort Myers, Fla.-based Stevens Construction has begun its renovation of the 7,500-square-foot Twelve Oaks Medical Office building. After the project is complete, the property, located at 6748 Gall Blvd. in Zephyrhills, will house an orthopedic medical practice. Stevens’ duties include interior demolition, full reconstruction and the installation of a new sprinkler system. Delivery is expected this fall.

June 9, 2009

Healthcare Life Sciences Southeast

BIOTECHNOLOGY FIRM LEASES SPACE IN MARYLAND COMPLEX

by admin June 9, 2009

GERMANTOWN, MD. — Rockville, Md.-based Fisher BioServices has signed a 7-year lease with Minkoff Development Corp. for 20,249 square feet of space in the former MiddleBrook Pharmaceuticals building. The 53,054-square-foot property is located in the Seneca Medows Corporate Center at 20439 Seneca Meadows Parkway in Germantown. Henry Bernstein and Matt Brady of Scheer Partners negotiated a release of MiddleBrook’s current lease so Fischer could move into the building on October 1.

June 9, 2009

Healthcare Midwest

47,000-SQUARE-FOOT SUSTAINABLE HOSPICE BREAKS GROUND

by admin June 9, 2009

BARRINGTON, ILL. — The Pepper Family Hospice Home and Center for Care has broken ground in Barrington, with completion scheduled for spring 2010. The 47,000-square-foot facility will offer care for acute and complicated patients that can no longer receive in-home care. The building will be one of the first green hospices in the country, and is designed to achieve LEED Silver certification, as well as incorporating guidance from the Green Guide for Healthcare, a sustainable building toolkit specifically for the healthcare sector. Harley Ellis Devereaux and Hospice Design Resources partnered to provide architectural services. Pepper Construction is the general contractor and Hospice of Northeastern Illinois is the owner/developer of the $18 million endeavor.

June 9, 2009

Healthcare Texas

METHODIST HOSPITAL FOR SPECIAL SURGERY BREAKS GROUND

by admin June 9, 2009

ADDISON, TEXAS — The groundbreaking has been held for the new Methodist Hospital for Special Surgery, located in Addison. Phase I of the project will include the construction of the 105,000-square-foot surgery facility. It will feature seven fully equipped operating rooms, 32 private patient rooms, 10 outpatient treatment rooms, a diagnostic imaging suite that will include CT and MRI machines, and physical therapy and rehabilitation services. Completion is scheduled for fall 2010. The project is a joint venture between area physicians, Methodist Health System and Nueterra Healthcare. The project marks Dallas-based Methodist Health System’s expansion into the Addison area.

June 9, 2009

Healthcare Southeast

107,000-SQUARE-FOOT MEDICAL OFFICE BUILDING FINISHED

by admin June 8, 2009

FAIRFAX, VA. — White Plains, N.Y.-based Seavest and Chicago-based Lillibridge have completed the 107,000-square-foot Inova Fair Oaks III medical office building on the campus of Inova Fair Oaks Hospital. The four-story building, which is located at 3620 Joseph Siewick Dr. in Fairfax, is 80 percent occupied. Inova Fair Oaks III includes a surgical suite and houses diagnostic, orthopedic, cardiology, otolaryngology, gastroenterology and bariatric services.

June 8, 2009

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