Brokers, contractors and landlords are hot on the trail of one of the few bright spots in a languishing commercial real estate market – medical tenants.
Not only are doctors and dentists doing deals, but they appear to be somewhat untouched by the flight to frugality seen in other sectors of the office market.
“For the time [...]
Ground will soon be broken on Good Samaritan Medical Center at Western Ridge, a new medical center in the northern portion of Cincinnati’s West Side near the Harrison/Rybolt exit off of Interstate 74. The facility will offer 45,000 square feet of Good Samaritan-quality healthcare services and physician offices, including a 24-hour emergency department.
Earthwork is set [...]
Demographics may point to a bright future for senior housing, but the economy is taking a toll on independent living facilities as many active seniors have seen falling home values and shrinking 401(k) plans negatively impact their own personal finances, giving them less money to spend on senior housing options.
“Independent living is a cruise ship [...]
Cogdell Spencer Inc. shares hit a 52-week low of $3.60 per share Wednesday morning as the company announced it was increasing the size of its public offering by 11 percent to 20 million shares.
The Charlotte-based real estate investment trust priced the offering at $3.50 per share. It says it will use the $66.8 million in [...]
An Austin-based medical office developer plans to build the next component in the University Park development and tap into a growing demand for medical offices.
Onair Development, a boutique real estate investment firm focused on the development, acquisition and management of health care real estate, will buy the southwestern tract from University Park — formerly known [...]
Aurora Health Care Inc. has sold two more medical office buildings to Santa Ana, Calif.-based Grubb & Ellis Healthcare REIT Inc. for just over $40 million, a move that raises additional cash for Wisconsin’s largest health care provider.
An investors group affiliated with the real estate investment trust bought a 62,991-square-foot Aurora facility, at 3111 W. [...]
If you walked by University Apartments recently, you could have heard the clatter of dishware and the lilt of folk music wafting through tall, open windows. A yellow tabby snoozed on a sill, clothes dried on a line in the hot sunshine, and a man rung the bell on a paleta cart that he pushed [...]
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