HOUSTON — CB Richard Ellis (CBRE) has brokered the sale of a 3,567-square-foot medical building located at 3429 Bellaire Blvd. in southwest Houston. Simmi Jaggi and Elizabeth Clampitt of CBRE’s Houston office represented the buyer, Ahab Investment Group, as well as the sellers, Kenneth and Ann Huete. The acquisition price was not disclosed.
PHOENIX — McShane Development Company/Buchanan Street Partners have developed 101 Medial Office Center, a four-story, 80,000-square-foot medical office in Phoenix. Located at Thomas Road and 91st Avenue, the property offers medical office suites starting at 2,000 square feet with flexible floor plans for custom layouts and configurations. McShane Construction Company provided design/build construction services; The Orcutt/Winslow Partnership provided architectural services for the project.
CARLSBAD, CALIF. — Construction is complete for ECR Corporate Center, a two-building, 90,000-square-foot complex located at 6250 and 6260 El Camino Real in Carlsbad. The project consists of Tri-City Wellness Center, a two-story, 63,000-square-foot building, and a two-story, 27,000-square-foot medical office building. The Tri-City Wellness Center is a health club and rehab facility that offers lap, exercise and therapy pools; spas; a walking and running track; exercise studios; locker rooms; and physical therapy rooms. The medical office building is being managed by Tri-City Medical Center. Smith Consulting Architects provided architectural services for the project. Lusardi Construction served as general contractor.
RUTHERFORD, N.J. — Cranbury, N.J.-based Sweetwater Construction Corp. has commenced construction for a 50,000-square-foot medical facility located at 201 Route 17 North in Rutherford. The facility will house the MALO CLINIC Ambulatory Surgery Center and MALO Advanced Oral Rehabilitation Center, each of which will be housed on a separate floor. The surgery center will contain four operating rooms, multiple exam rooms, staff offices, doctor’s lounges and reception areas. The dental center will include more than 40 exam rooms, a call center, a radiology center, waiting lounges and a health bar. It will also be used for the education of other dental professionals. The project’s owner is MALO Consulting NJ, the North American branch of Portugal-based MALO CLINIC Health & Wellness. The new facility will mark the company’s second New Jersey facility, the other being located in Mahwah. West Orange, N.J.-based Posen Architects is serving as project architect. Completion is scheduled for summer.
ARLINGTON, TEXAS — SCM Real Estate Services has brokered the sale of an approximately 4.3-acre development site, located at 721 W. Highlander Blvd. in Arlington, for the construction of a new specialty surgery center. The facility will be named Baylor Orthopedic & Spine Hospital of Arlington; it will total two stories and 57,000 square feet. The site is located adjacent to USMD Hospital. Gary Walker and Renee Efimoff of SCM Real Estate represented the buyer, Arlington Orthopedic Associates, in the land transaction. Michael Bailey of Windstar Development represented the seller. The project’s investment and management team includes Arlington Orthopedic Associates, United Surgical Partners and Baylor Healthcare System. The project is being developed by BremnerDuke Healthcare Real Estate.
TAVARES, FLA. — Longwood, Fla.-based Cotter-Ryan Commercial has commenced construction on the 20,000-square-foot Premier Surgery Center. The property is located on Vindale Road in Tavares. The $4 million development encompasses an 11,000-square-foot surgical space and 9,000 square feet for offices.
GLEN ELLYN, ILL. — Hoffman Estates, Ill.-based Leopardo Cos., as general contractor, has completed DuPage Medical Group’s Glen Ellyn Clinic located in downtown Glen Ellyn. The 92,000-square-foot medical office building houses pediatrics, orthopedics and internal medicine departments, as well as state-of-the-art diagnostic facilities. Energy saving features of the facility include sun shades, solar green glass and high-efficiency rooftop units. Eckenhoff Saunders served as the architect for the $23.5 million project.
GEORGETOWN, TEXAS — Groundbreaking has occurred for the first phase of Austin Avenue Professional Plaza, a medical office complex located at 3201 S. Austin Ave. in Georgetown. Phase I will consist of a three-story, 95,000-square-foot building. The project was designed by San Antonio-based Beaty Palmer. The project is already 70 percent pre-leased by a tenant roster that includes Austin Radiological Associates, Clinical Pathology Labs, Gallagher’s Pharmacy, Georgetown Medical Clinic, Urology Associates, Foot Associates of Central Texas, Austin Gastroenterology, Central Texas Surgical Associates, Georgetown ENT and Georgetown Plastic Surgery. Other tenants will include internal medicine, neurosurgery and an urgent care clinic. The building will also contain space for a bank, a café or convenience store and ancillary services. Completion is scheduled for the end of 2009 or the beginning of 2010. The second phase of the project will include the construction of a second 60,000-square-foot building.
NEWARK, N.J. — Marcus & Millichap has arranged the sale of a 24,000-square-foot medical office building located in Newark. The single-tenant property traded for a price of $3.4 million. Alan Cafiero and Ben Sgambati of Marcus & Millichap’s New Jersey office represented both undisclosed parties in the transaction.
ATLANTA — Atlanta-based Choate Construction Co. has begun work on a 33,000-square-foot expansion to the Shepherd Center, located at 2020 Peachtree Rd. in Atlanta. The interior build out of the fifth-floor wing will be able to house an additional 35 patient rooms and staff support space. Completion is expected in June.