HFF closes sale of Lakeshore Medical Center in Chicago
HFF announced the sale of Lakeshore Medical Center, 4700 North Marine Drive in Chicago. HFF marketed the Class A medical office building on behalf of…
Healthcare
Skilled nursing facility sells in Chicago’s southwest suburbs
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a 97-unit, 193-bed skilled nursing facility in Palos Heights, Illinois. Mark…
The outlook for outpatient could mean outrageous returns
The hospital's monopoly on healthcare is coming to an end. These large institutions aren't going anywhere, of course, but every year, more and more people…
Kraus-Anderson wraps construction of biotech incubator in St. Paul
Kraus-Anderson has completed construction of a 19,600-square-foot addition to University Enterprise Laboratories, a growing biotech incubator founded in 2003 as a partnership between the University…
6th Annual Healthcare & Medical Office Conference
Join RE Journals on June 20th for the 6th Annual Healthcare & Medical Office Conference.
Cullinan attracts medical device maker to Missouri’s Streets of St. Charles
Elekta, a Swedish-based medical device company that manufactures and sells cancer treatment products, will relocate one of its product-supply and support centers from Maryland Heights,…
St. Louis’ S.M. Wilson names project manager
St. Louis-based construction-management firm S.M. Wilson & Co. has promoted Andrew Ahlers to project manager. He is responsible for handling all administrative functions for projects,…
IMPACT Strategies building cancer center in St. Louis market
IMPACT Strategies has begun construction on the Siteman Cancer Center to be housed in a new medical office building on Memorial Hospital East's Shiloh campus…
The evolving world of healthcare: Trend toward freestanding facilities continues
The way medical providers treat patients is changing. Patients no longer want to drive to a main hospital building where they might have to fight…
Marcus & Millichap arranges sale of 61,000-SF Rockford office building
Marcus & Millichap's healthcare real estate group announced the sale of Cornerstone Medical Building, a two-story, 61,174-square-foot medical office property in Rockford, Illinois. Cornerstone Companies,…