PHOENIX — Ensemble Real Estate has broken ground for the construction of a $16 million development on the campus of John C. Lincoln Hospital-Deer Valley in Phoenix. The project consists of Dear Valley Medical Office III, a 75,000-square-foot, four-story medical office building, and a 540-space parking facility. Located adjacent to Deer Valley Medical Office II, the new medical building will feature a surgery center, an oncology center with two linear accelerators and physicians’ offices. Completion of the parking facility is slated for May, while completion of the medical building is scheduled for January 2009. The John C. Lincoln Health Network selected Ensemble to develop Deer Valley Medical Office, which will also be professionally managed by Ensemble.
Healthcare
BURR RIDGE, ILL. — Skokie, Ill.-based The Missner Group has been selected as the design/builder for Burr Ridge Medical Center, a three-story, 104,000-square-foot medical office building located at 6800 N. Frontage Rd. in Burr Ridge. The speculative project will feature a three-story glass atrium facing a reflecting pond, as well as the capability for offices, examination rooms, and X-ray, MRI and hydrotherapy facilities. The project is being developed by Blackrock Medical Corp., with Heitman Architects serving as project architect, and Mike Cummings and Brent DeNoble of Colliers Bennett & Kahnweiler marketing the property. Groundbreaking is scheduled to occur in April, with completion slated for early 2009.
TEMPE, ARIZ. — Southfield. Mich.-based Signature Healthcare Services LLC has purchased a 51,200-square-foot building, which is located at 6350 S. Maple Ave. in Tempe, for $5.9 million. The company plans to use the property as a behavioral health facility. Judy Bluhm and Charlie Carson of Century 21 represented the buyer; Pat Harlan, Steve Sayre, Mike Sayre and Katy Boyd of Cushman & Wakefield of Arizona represented the seller, Portland, Ore.-based ScanlanKemperBard Companies, in the transaction.
WOODRIDGE, ILL. — Oak Brook, Ill.-based Inland Real Estate Sales has brokered the sale of Woodgrove Professional Center, a 45,000-square-foot medical office facility located in Woodridge. The building features a granite lobby and hallways, T1 Internet connections, motion-activated lights in the common areas, computer-controlled HVAC and handicap access. The buyer, Pogo Properties, is in negotiations through Inland to add a national dialysis provider to the tenant roster, which includes Adventist Family Medical Center, ACL Labs, Nephrology Associates of Northern Illinois and Physicians CARE Midwest. Henry Holt of Inland represented the undisclosed seller. The sale price was undisclosed.
QUINCY, ILL. — Blessing Physicians Services has broken ground for the construction of an $8 million medical office building located at 927 Broadway in Quincy. The three-story building, which totals 52,150 square feet, will be a mirror image of the adjacent Blessing Health Center. Both buildings will be connected on all three floors. The new building will also have access to Blessing Hospital, via a walkway that connects the hospital to Blessing Health Center. Project construction is being led by St. Louis-based S.M. Wilson & Co.
ST. LOUIS — St. Louis-based McGrath & Associates has begun the $2.8 million renovation to the recovery room at St. Louis University Hospital, located at 3634 Vista Ave. in St. Louis. The project will renovate and expand the 16,000-square-foot recovery room, as well as space used for locker rooms and offices. The capacity of the room will increase from 25 to 41 beds. Completion is scheduled for May. Ross & Baruzzini is serving as project architect, engineer and interior designer.
Goose Creek, S.C. — The Charleston-based Medical Society of South Carolina has acquired 66 acres of land in Goose Creek for a medical office building and future medical services from Charleston-based Carnes Crossroads Associates, for $9 million. The property is located at Highway 17-A and 176. Chris Fraser of Charleston-based Grubb & Ellis | Barkley Fraser represented the buyer, and Eric Meyer of Meyer Kapp and Associates represented the seller.
ROCKFORD, ILL. — Millennium Properties has arranged the sale by auction of the Northern Illinois Medical Arts building, a 48,000-square-foot medical office property located at 5668 E. State St. in Rockford. The property was sold by Stickmen LLC; it was acquired by State and Roxbury LLC, a joint venture involving OSF Healthcare System and Genesis Land Development & Brokerage. The acquisition price was undisclosed.
SUNNYVALE, TEXAS — Cottonwood Partners has begun development on Texas Regional Medical Center at Sunnyvale, which will be Sunnyvale’s first hospital. The hospital, which will be located on 29 acres at 231 S. Collins Rd., will span 117,000 square feet and will include 70 beds, 53 medical suites, six operating rooms, an emergency department with six treatment rooms, eight ICU beds and a women's center with labor-and-delivery suites and postpartum rooms. Construction is set to begin this month and is scheduled for completion by spring 2009. Rockwall Hospitals, a Cottonwood Partners affiliate, will manage the hospital upon completion. Arlington, Texas-based Ascension Group Architects designed the hospital and will oversee the construction, and Dallas-based Rogers-O'Brien Constructionis the general contractor for the project. Cottonwood Partners purchased the land from San Antonio-based Rick Sheldon Real Estate for an undisclosed amount. Cottonwood Partners represented itself in the transaction, while Mike Anderson of B.J. Anderson Co. represented the seller.
BROOKLYN, OHIO — Grubb & Ellis has negotiated the sale of Ridgepark Medical Center, a 70,000-square-foot, Class A medical office building located at 7575 Northcliff in Brooklyn, for $2 million. Terry Coyne of Grubb & Ellis represented the seller, Deaconess Community Foundation. The property was acquired by Mall Properties, which plans to reposition it.