News
BIG MEDICAL MAPPING ATLANTA
February 28, 2012
| Duke Realty is looking to expand its medical office portfolio to 1.3B SF. That's quite a leap, given it now owns and operates 125M SF. (It must be inspired by the impending Olympic long jump.) | ||
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| Duke's Jim Bremner (one of our happiest panelists ever) was on tap this morning for Bisnow's Healthcare Real Estate Summit at the Westin Buckhead (moderated by Arnall Golden Gregory's Steven Kaye), where he outlined the REIT's appetite for new MOB acqusitions and projects. Duke has been active on Atlanta's medical office scene, helping HCA and Tenet Healthcare projects in the metro area. Duke is also renovating the 360k SF Centre Pointe building on Pill Hill. | ||
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| For Kaiser Permanente's Dan Styf (who fashioned a small fort for himself out of water bottles), the healthcare provider is still pushing up its market share in Atlanta. ?We're behaving a little more like a startup? in Atlanta, Dan tells our audience of some 400 CRE pros. It's already invested some $4B over the past few years to update its electronic record keeping system. And Dan says Kaiser plans to roll out a string of free-standing emergency rooms in the metro area, with the first opening in May. | ||
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| In an effort to continue a presence outside the hospital campus, Grady Memorial Health System's Craig Tindall talked briefly about how it reopened a medical facility in a former strip mall along Memorial Drive, replacing an older, outdated facility. Called the Kirkwood Family Medicine center at 1863 Memorial Drive, Grady leased 12k SF in a 90k SF retail center (with the rest going to the Peachtree Hope Charter School) and spent $1.3M, Craig says. ?It certainly was better than doing something out of the ground.? | ||
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| Jones Lang LaSalle's team: Ethan Milley, John Healy, Cecile Blanco, Jennifer Jenkins, Sarah Swanson, and Robert Gross. Jennifer tells us JLL (one of our valued sponsors) is managing the development of several MOBs, including Kaiser facilities in Gwinnett and Kennesaw. | ||
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| You down with Walter P? Yeah, you know Dougie! We caught the boys of Walter P Moore at our event (another of our valued sponsors): Brent Bandy, Doug Travis, Doug Robinson, Tim Santi, and Sunil Puri, who tell us they are helping design both the WellStar Paulding hospital development and a new $200M on-campus hospital for Emory University. Stay tuned for more coverage. |
