Healthcare W Minnesota Kraus-Anderson building mobile MRI pad at Minnesota hospital The Bemidji, Minnesota, office of Kraus-Anderson has begun construction of a mobile MRI pad at Ely Bloomenson Community Hospital at 328 Conan St. in Ely.
Industrial N Illinois Avison Young negotiates 96,810-SF industrial lease for Biddeford Blankets Avison Young negotiated a 96,810-square foot lease on behalf of Biddeford Blankets at 13820 S. Business Center Drive in Green Oaks, Illinois. The heated blanket manufacturer is moving to Green Oak Business center from a Mundelein, Illinois location that it occupied for the last 15 years.
CRE i Ohio Apartment, industrial markets the stars at Cleveland CRE Summit More than 150 commercial real estate professionals crowded into Cleveland’s Windows on The River June 27 for the Cleveland Commercial Real Estate Summit held by REjournals.com and Midwest Real Estate News. The mood in the building? Optimistic.
CRE W Minnesota Kraus-Anderson names director of Twin Cities operations Minneapolis-based Kraus-Anderson Construction Company has named Camille Helou director of Twin Cities operations, succeeding Craig Francois who is retiring. Together with Terry Hart, who shares the role of director of operations, Helou will manage the day-to-day operations for the company’s Twin Cities office of KA Construction.
Retail N Illinois The bank backfill: Sourcing retail tenants for vacant branches This week, 44 bank branches throughout Chicagoland will shut down as a redundancy mitigation measure following Fifth Third Bank’s acquisition of MB Financial in March. Property owners will want to get a new tenant lined up as soon as possible, but there’s one issue: the only fitting tenants for these spaces are other banks.
Healthcare X Missouri Project manager with IMPACT Strategies earns healthcare certification Mike Michael, senior project manager with Fairview Heights, Illinois-based IMPACT Strategies, recently completed the American Hospital Association Certified Healthcare Constructor program. IMPACT Strategies serves the St. Louis market.
Seniors Housing V Michigan Ciena Healthcare opens 146-bed skilled-nursing center in Michigan Ciena Healthcare, a manager and operator of skilled nursing and rehabilitation centers in Michigan, celebrated the opening of its newest skilled nursing and rehabilitation center in St. Clair Shores, Michigan. The 146-bed facility Regency at St. Clair Shores is located at 22700 Greater Mack Ave.
Healthcare N Illinois Medical office building sells in Hoffman Estates, IL Chicagoland Commercial Real Estate, Inc. has brokered the sale of a 5,100-square-foot medical office building on 0.93 acres located at 1260 W. Higgins Road in Hoffman Estates, Illinois. The former Urgent Care Center was renovated in 2015 and has over 70 parking spaces.
Healthcare N Illinois Who’s got their finger on the pulse of healthcare real estate? The healthcare real estate sector has changed strikingly in the last decade, driven by aging demographics and increased ambition to deliver services outside of acute care settings. Over the next 10 years, the asset class will likely see even more drastic changes.
Healthcare X Missouri Block & Company helps dental provider find new home near Kansas City Comfort Dental, one of the largest dental franchise in the United States, recently signed a 10-year lease for the former Blockbuster space at 620-624 E 40-Highway in Blue Springs, Missouri.
Healthcare N Illinois HSA PrimeCare breaks ground on 40,000-SF MOB on Silver Cross Hospital campus in New Lenox HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, last week broke ground on a 40,000-square-foot medical office pavilion on Silver Cross Hospital’s campus in New Lenox, Illinois. The state-of-the-art facility is scheduled for completion in December 2019
Healthcare V Michigan A favorite target for investors? Healthcare real estate It’s a simple formula: The larger the number of patients a hospital system can reach, the easier it is for these medical providers to succeed economically. That’s why so many medical providers today are expanding their footprint, opening freestanding clinics and emergency care centers across the country.
Healthcare V Michigan Direct Steel and Construction taking on VA project in Michigan Direct Steel and Construction has been awarded a contract with the U.S. Department of Veterans Affairs to expand the community living center at the Oscar G. Johnson VA Medical Center in Iron Mountain, Michigan.
Healthcare O Indiana Marcus & Millichap sells medical office property Northwest Indiana Marcus & Millichap closed the sale of a new construction 9,109-square-foot net-leased Fresenius Medical Care property in East Chicago, Indiana. The asset sold to an out-of-state buyer for more than $3.57 million.
Healthcare N Illinois When it comes to medical space, it really is innovate or die The world of healthcare real estate is driven by increased need—brought about by aging Boomers—as well as an ever more specialized and localized momentum of providers pushing out to locales where people live and work. But demand is not the only driver for how we design and build these facilities.
CRE N Illinois Harrison Street names Dave Liu VP asset management Chicago-based Harrison Street announced that Dave Liu has joined the firm as vice president, asset management. In this role, he will be responsible for overseeing investments within Harrison Street’s medical, life science and senior housing portfolios. Liu will report to Ben Mohns, managing director and head of asset management.
CRE p Tennessee Nashville's Foundry Commercial names senior vice president Nashville, Tennessee-based Foundry Commercial named Vince Dunavant senior vice president of advisory and transaction services. Throughout his nearly 30-year career in the commercial real estate industry, Dunavant has worked with, or alongside, many of the executives at Foundry Commercial, so this appointment marks a homecoming of sorts for him.
Multifamily N Illinois HFF announces sale of luxury apartment community in St. Charles, Illinois Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in the Chicago suburb of St. Charles, Illinois. HFF marketed the property on behalf of the seller, Executive Capital Corporation. TLC Management Co. purchased the offering for an undisclosed amount.
CRE N Illinois Modular construction facility opens on Chicago’s Southwest Side Skender cut the ribbon today on their advanced manufacturing facility in Chicago’s Little Village neighborhood. The factory will use the firm’s fully-integrated process to turn out building modules to be transported and installed on the construction site.