Archive for November, 2009
Data Center: Next Generation Data Opens $326 Million Data Center in Wales, U.K.

Data Center: Next Generation Data Opens $326 Million Data Center in Wales, U.K.

Posted 11.16.2009 | Categories: Data Centers | 1 Comment

NEWPORT, Wales–(Business Wire)–
Next Generation Data has opened a $326 million data center – known as NGD Europe
- in Newport, Wales, to provide secure, sustainable data storage to U.K. and
European blue-chip companies. The center is the largest of its kind in the U.K.
and one of the largest in Europe.
The center`s opening follows an 18-month-long project to [...]

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BLACKSWAN interview with Jeff Cooper of SavillsGranite

Posted 11.16.2009 | Categories: Medical Office/Healthcare, Video Interviews | No Comments

BlackSwan interview with Jeff Cooper from cj follini on Vimeo.

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Healthcare: Bon Secours to build $30 million center in Chesterfield

Posted 11.16.2009 | Categories: Medical Office/Healthcare | No Comments

Bon Secours said today it will build a $30 million ambulatory care campus at Watkins Centre in western Chesterfield County.
The nonprofit Catholic health system will build the center at the southwest corner of state Route 288 and Midlothian Turnpike, across from the Westchester Commons shopping center and about 4.5 miles from Bon Secours St. Francis [...]

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Healthcare: Santa Clara County purchase of former hospital site is a bold move

Posted 11.16.2009 | Categories: Medical Office/Healthcare | No Comments

Santa Clara County’s deal to buy the San Jose Medical Center site finally answers the question of how future medical needs will be met for downtown San Jose.
Ever since Health Corporation of America (HCA) suddenly closed the hospital in 2004, the region’s major urban center has had no urgent care center or primary care clinic. [...]

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UNDERWRITING HEALTHCARE REAL ESTATE – THE NOYACK HEALTHCARE PROPERTY RANKING

UNDERWRITING HEALTHCARE REAL ESTATE – THE NOYACK HEALTHCARE PROPERTY RANKING

Posted 11.16.2009 | Categories: Featured, Medical Office/Healthcare | 5 Comments

By CJ Follini
Our economy has always had recessions and has always gotten out of them. Our economy is made up of actions and reactions. We live in free markets that buy, manufacture, invest, liquidate, hire, fire, etc. Because it is impossible to achieve economic balance between all of these activities, our economy will always [...]

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Healthcare Trust of America, Inc. Executes Agreement to Acquire a 108,500 SF Medical Office Building Located in Spartanburg, South Carolina

Posted 11.16.2009 | Categories: Medical Office/Healthcare | No Comments

SCOTTSDALE, Ariz. — Healthcare Trust of America, Inc. (the “REIT”), a self-managed, non-traded, real estate investment trust, announced the execution of a Purchase and Sale Agreement (the “Agreement”) to acquire a medical office building located in Spartanburg, South Carolina for approximately $16,250,000. The closing of the acquisition is subject to a number of conditions.
The approximate [...]

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Student Housing: Will There Soon Be Room For More Students at M.I.T.?

Student Housing: Will There Soon Be Room For More Students at M.I.T.?

Posted 11.12.2009 | Categories: Student Housing | No Comments

The Massachusetts Institute of Technology is considering expanding its student body by more than 7 percent, or more than 300 students, if it is able to make available additional student housing, the dean of admission, Stuart Schmill, told me late Thursday.
Mr. Schmill was initially quoted by Bloomberg News on Thursday as saying that M.I.T. was [...]

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Student Housing: Columbia Hospital still on UWM’s radar screen

Posted 11.12.2009 | Categories: Student Housing | No Comments

University of Wisconsin-Milwaukee officials remain interested in using the Columbia Hospital complex for student housing, according to the university’s new preliminary construction spending proposal.
That proposal calls for spending $66.1 million to buy and renovate the hospital buildings, which are next to UWM’s main campus.
The plan, which will be revised before being submitted to the UW-System’s [...]

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Student Housing: United Group clears hurdle on $160M Troy project

Student Housing: United Group clears hurdle on $160M Troy project

Posted 11.12.2009 | Categories: Media Production Infrastructure, Parking Facilities, Student Housing | No Comments

The United Group of Cos., Inc. cleared a hurdle today toward bankrolling the first phase of a $160 million development in downtown Troy, N.Y., that would include student housing, retail stores, condominiums and a movie theater.
The Troy Industrial Development Agency formally accepted two preliminary applications from the United Group that, if ultimately approved, would provide [...]

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Healthcare: NHP Arranges Possible $300M in Acquisitions

Healthcare: NHP Arranges Possible $300M in Acquisitions

Posted 11.10.2009 | Categories: Medical Office/Healthcare | No Comments

NEWPORT BEACH, CA-Nationwide Health Properties Inc., along with reporting positive earnings Monday, said that it has struck a deal to buy seven medical office buildings totaling 800,000 square feet from Pacific Medical Buildings LLC of San Diego for between $275 million and $300 million. The healthcare properties REIT described its agreement with PMB as a [...]

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