Healthcare

COMPLETION NEARS ON NORDAHL MEDICAL CENTRE

by admin March 19, 2009

SAN MARCOS, CALIF. — Newport National Corp. is currently developing Nordahl Medical Centre, a Class A medical condominium project in San Marcos. Located at 838 Nordahl Rd., the three-story, 55,450-square-foot building features suites ranging in size from 1,000 to 55,450 square feet on floor plates of approximately 19,000 square feet. TSA Contracting Inc. is serving as general contractor for the project, which was designed by McArdle Associates Architects. Bank of America provided financing for the project. Completion is slated for May. Mark Avilla and Matty Sundberg of Grubb & Ellis|BRE Commercial are the exclusive marketing and sales team for the center.

March 19, 2009

FIRM BREAKS GROUND ON $11.5 MILLION MEDICAL EXAMINER’S OFFICE

by admin March 17, 2009

ORLANDO, FLA. — Orlando-based Tilt-Con Corp. has broken ground on the $11.5 million Florida District 9 Medical Examiner’s Office. The property is located at 2350 E. Michigan St. in Orlando and encompasses a morgue, a classroom, offices and training areas. Sanford, Fla.-based Wharton-Smith is serving as construction manager of the LEED-certified project, which was designed by Orlando-based MRI Architectural Group. Delivery is expected in September.

March 17, 2009

Healthcare Texas

HAMMES TO MANAGE 500,000-SQUARE-FOOT CHRISTUS PORTFOLIO

by admin March 17, 2009

CORPUS CHRISTI, TEXAS – Brookfield, Wis.-based Hammes Co. has been selected to manage and lease an approximately 500,000-square-foot healthcare portfolio for CHRISTUS Spohn Health System, which is part of CHRISTUS Health. The portfolio comprises 12 medical office buildings located in the Corpus Christi area. Hammes will manage the portfolio from its recently opened office in Corpus Christi. CHRISTUS Health currently controls more than 40 hospitals and medical facilities located in six states, as well as in Mexico.

March 17, 2009

Healthcare Southeast

SOUTH CAROLINA BIOMEDICAL RESEARCH CENTER BREAKS GROUND

by admin March 13, 2009

CHARLESTON, S.C. — Choate Construction has broken ground on the 28,000-square-foot SCRA MUSC Innovation Center – Charleston, a renovation and expansion of an existing historic property in Charleston’s industrial area. The center, which is located 2 miles from the Medical University of South Carolina campus, will feature biomedical research and lab space, administrative offices and a police substation. Choate will replace the roof, outfit the interior with new fixtures and fire-suppression systems and restore the façade to its original brick. The development is part of a larger plan to create a biomedical research hub in the city. Completion is expected this winter.

March 13, 2009

Healthcare Western

TWO MEDICAL CENTERS OPEN AT MEDICAL CENTER AT RIVERWALK

by admin March 13, 2009

RIVERSIDE, CALIF. — Two medical centers have recently opened at Turner Development Corp.’s Medical Park at Riverwalk in Riverside. Loma Linda University Health Care has opened a state-of-the-art ophthalmology center at the park, and Riverside Regional Pain Center, which offers cutting-edge interventional pain management, has also opened. Loma Linda University Health Care is located on the first floor of 4244 Riverwalk Parkway, which is part of the two-building, 72,000-square-foot second phase of the medical park. Riverside Regional Pain Center is located at 4234 Riverwalk Parkway in Suite 120. Mike Kendall of Turner Development is spearheading the leasing and sales efforts for the second phase of Medical Park at Riverwalk.

March 13, 2009

Healthcare Northeast

COLLIERS M&G ARRANGES $10.5 MILLION MEDICAL CONSTRUCTION LOAN

by admin March 12, 2009

PROVIDENCE, R.I. — Boston-based Colliers Meredith & Grew has arranged $10.5 million in construction financing for 90 Plain Street, a four-story, 39,775-square-foot medical office building located in downtown Providence. At the time of closing, the property was fully leased to Women & Infants Hospital; it is located adjacent to the Women & Infants Hospital campus, as well as Rhode Island Hospital. David Douvadjian and Thomas Welch of Colliers’ Capital Markets Group originated the loan on behalf of an entity related to Atlantic Management. It carries a 10-year term and a fixed interest rate. The lender was Middlesex Savings Bank.

March 12, 2009

Healthcare Northeast

CHILDREN’S HOSPITAL BOSTON REVEALS EXPANSION PLANS

by admin March 12, 2009

BOSTON — Children’s Hospital Boston recently notified the Boston Redevlopment Agency of its plans to add a 103,000-square-foot expansion to the campus. The project is estimated to cost more than $100 million. The proposed 14-story building will expand the hospital’s 369,000-square-foot main building on Binney Street in the Longwood Medical and Academic Area of Boston. The project will expand the emergency room, radiology department, create a larger operating floor and add three inpatient bedrooms. Construction will begin pending approval.

March 12, 2009

Healthcare Southeast

FIRM BEGINS CONSTRUCTION ON MEDICARE HOSPITAL

by admin March 10, 2009

MIAMI — Fort Lauderdale, Fla.-based Moss & Associates has commenced construction of the 84,670-square-foot Leon Medical Centers-Flagler. The property, located at 150 N.W. 79th Ave. in Miami, will deliver in November. The four-story hospital will exclusively cater to Medicare patients. Coral Gables, Fla.-based MGE Architects designed the building.

March 10, 2009

Healthcare Western

$340 MILLION SCRIPPS CARDIO INSTITUTE, CENTRAL ENERGY PLANT UNDERWAY

by admin March 10, 2009

LA JOLLA, CALIF. — McCarthy Building Companies, serving as general contractor, is currently constructing the 328,000-square-foot Scripps Cardiovascular Institute and an adjacent 26,000-square-foot Central Energy Plant. The facilities are located on the Scripps Memorial Hospital La Jolla campus at 9888 Genessee Ave. in La Jolla. The Cardiovascular Institute will consist of 10 levels, including a basement, intermediate mechanical level and rooftop mechanical level; 60 beds on two ICU levels, 108 beds on three medical surgery levels, six operating rooms, four CAATH/EP labs, one sterile processing department and one imaging department. The Central Energy Plant will encompass three levels, with two below ground levels. The facility will provide the air conditioning, heating, medical gas, steam, fuel and waste storage, and emergency generators for the hospital. Scripps Health – San Diego hired McCarthy for the $340 million project, which is slated for completion in January 2015. Hellmuth, Obata + Kassabaum Inc. is providing architectural services for the project; KPFF Inc. is the structural and civil engineer; X-NTH is serving as mechanical engineer; and MWPA is the landscape architect.

March 10, 2009

Healthcare Midwest

GRUBB & ELLIS HEALTHCARE REIT ACQUIRES MOB PORTFOLIO

by admin March 9, 2009

MILWAUKEE — Santa Ana, Calif.-based Grubb & Ellis Healthcare REIT has acquired the a portfolio of four medical office buildings in the greater Milwaukee area. The portfolio consists of 185,000 square feet of gross leasable area in buildings located in Milwaukee, Menomonee Falls, Richfield and Mequon, Wisconsin. The unnamed seller completed a sale/leaseback transaction with Grubb & Ellis Healthcare REIT.

March 9, 2009

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