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…
Bernard Financial closes $1.4 million loan for healthcare facility in Michigan
Bernard Financial Group closed a $1.4 million loan for a healthcare faclity in Southgate, Michigan. The borrower is Southgate Retail Management II, LLC.
Next Realty acquires Arlington Executive Plaza medical/general office complex
An affiliate of Next Realty, LLC announced the acquisition of Arlington Executive Plaza, a medical and general office complex consisting of six single-story buildings located…
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,…
Stan Johnson Company sells healthcare building in Indiana
Stan Johnson Company has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 N. 5th St. in…
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…