In the Pipeline: Baylor Scott & White Health, Ryan Cos.
21,000-Square-Foot Medical Office Building Opens in Round Rock, Texas
Ohio-based broker and developer Equity Inc. recently opened Physicians Centre, a two-story, 21,000-square-foot medical office building in Round Rock, Texas.
The Burt Group, a general contractor based in Austin, Texas, oversaw the building’s construction, while American Bank N.A. provided the financing.
The new building’s tenants include Snyder Dermatology, Parkway Primary Care and Capital Surgeons Group.
Urgent Care Center Opens in Edina, Minnesota
Fairview Health Services opened up a new urgent care center in Edina, Minnesota, the Minneapolis/St. Paul Business Journal reported.
$5.6 Million Renovation of Medical Office Facility Completed in Missouri
McGrath & Associates recently completed a $5.6 million renovation of the two-story St. Louis Heart and Vascular in Bridgeton, Missouri, the St. Louis Business Journal reported.
The high-tech medical office building and ambulatory surgery center now has a new exterior skin, new high-end floor and wall finishes, a new glass and stainless steel stairway, and more.
Spectrum Health Opens Urgent Care Clinic in Ionia, Michigan
Spectrum Health recently opened an urgent care clinic in Ionia, Michigan, the Ionia Sentinel-Standard reported.
Equity Starts Construction on $32 Million Medical Office Project in South Carolina
Ohio-based broker and developer Equity Inc. recently began construction on the $32 million, 100,000-square-foot Palmetto Primary Care Physicians Medical Campus in Nexton, South Carolina.
The project is expected to be completed in late 2018.
Joint Venture Breaks Ground on Medical Center in Grand Prairie, Texas
Texas-based not-for-profit health care system Baylor Scott & White Health, micro-hospital operator Emerus and Indianapolis-based commercial real estate developer Duke Realty recently broke ground on a 27,149-square-foot medical facility in Grand Prairie, Texas.
When complete, the two-story hospital will house a full-service emergency department, an outpatient clinic, physician offices and other medical services. The facility is scheduled for completion in summer 2017.
Medical Office Project Underway in Sandy Springs, Georgia
Newmark Grubb Knight Frank Global Healthcare Services was recently named the exclusive leasing agent for a medical office building scheduled to open in early 2019 in Sandy Springs, Georgia, the Sandy Springs Patch reported.
The project is currently in development by Childress Klein and MidCity Real Estate Partners.
Work Begins on $21.5 Million Medical Office Building in Brown Mills, New Jersey
Construction has commenced on a $21.5 million, 60,000-square-foot medical building at Deborah Heart & Lung Center in Browns Mills, New Jersey, Philly.com reported. The building—scheduled for completion in spring 2018—is being developed and will be owned by Landmark Healthcare Facilities of Milwaukee, Wisconsin.
Deborah and independent community physicians have leased 86% of the building, the article noted. Tenants are expected to include Garden State Diagnostic Imaging, Central Jersey Urgent Care and Epione Family Medicine.
Medical Office Building Under Development in Wilton, Connecticut
Avison Young recently arranged a new long-term, 15,000-square-foot lease with the Western Connecticut Medical Group, Inc. to act as anchor tenant for the Wilton Wellness Center, which is currently under development in Wilton, Connecticut, Real Estate Weekly reported.
The owner of the building is New Canaan, Connecticut-based privately held national real estate investment trust (REIT) Cambridge Hanover.
Western Connecticut Medical Group plans to offer primary care services at the new building, including internal medicine, women’s services, family care and urgent care.
Banner Health and Ryan Cos. Break Ground on Health Clinic in Phoenix, Arizona
Banner Health and Ryan Companies US, Inc. recently broke ground on a 29,350-square-foot, single-tenant health care clinic in Phoenix, Arizona, AZ Big Media reported. Construction is expected to be finished in December 2017.
The new clinic is slated to offer primary care services, as well as dermatology services with laser and spa treatments and x-ray imaging.
Ryan Companies is providing financing, construction and development services for the project. Ryan will also own the building upon completion.
12,418-Square-Foot Medical Office Building Underway in Georgia
Gordon Hospital recently broke ground on a new single-story 12,418-square-foot medical office building in Adairsville, Georgia, the Rome News-Tribune reported. An urgent care facility and a family practice program are expected to move into the building by the end of 2017.
Ryan Cos. Planning Medical Office Building in Blaine, Minnesota
Ryan Companies US Inc. is planning to construct a 50,000-square-foot, two-story medical office building in Blaine, Minnesota, the Minneapolis/St. Paul Business Journal reported.
Ambulatory Care Center Planned in Baltimore, Maryland
University of Maryland Medical Center (UMMC) recently announced that it has received regulatory approval for a new 10-story, 200,000-square-foot ambulatory care center at the UMMC Midtown Campus in Baltimore, Healthcare Design reported. The new building is expected to offer outpatient and care coordination services for patients who have chronic diseases.
Construction on the new center is scheduled to start this summer, and the building is expected to open in 2019.
Written by Mary Kate Nelson
Companies:American Bank N.A., Avison Young, Banner Health, Baylor Scott & White Health, Cambridge Hanover, Childress Klein, Duke Realty, Emerus, Equity Inc., Landmark Healthcare Facilities, McGrath & Associates, MidCity Real Estate Partners, Newmark Grubb Knight Frank, Ryan Companies US, Spectrum Health, The Burt Group, University of Maryland Medical Center, Western Connecticut Medical Group Inc.