The former St. Margaret’s Health Hospital in Spring Valley, Illinois, a shuttered 226,352-square-foot medical facility, has been listed for sale. In 2023, St. Margaret’s Health filed for Chapter 11 bankruptcy and SMP Health, which operated the hospital, said the hospital…
Just two weeks ago, Walmart touted that it was opening dozens of new Walmart Health centers. The company has now announced that it will shutter all of them. In a release, the company said, “We determined there is not a…
The New Mexico Behavioral Health Institute (NMBHI) is gearing up to build a new $98 million forensics unit to better facilitate competency restoration services, a set of mental health interventions that restores a defendant’s competency to stand trial. The 115,000-square-foot facility…
Cushman & Wakefield has facilitated a lease expansion for Callen-Lorde Community Health Center at 3144 Third Avenue in the Bronx. The primary care center has expanded its space from 2,903 square feet to 12,916 square feet, now occupying the entire…
Atrium Health is installing equipment into its new hospital in Cornelius and expects to begin accepting patients summer of 2025. Atrium Health Lake Norman will include an intensive care unit, operating rooms, a full-time emergency department and maternity services, among…
CBRE arranged the sale of a 49,805-square-foot warehouse and cold storage facility from Multiple Organics to a Sutter Health entity. Kevin Hatcher and Austin Hinder of CBRE represented the seller. Terms of the sale were not disclosed. Located at 200 Linus Pauling Dr. in Hercules, the…
Simone Development Companies has leased nearly 16,000 square feet of medical space at 35-30 Francis Lewis Blvd in Queens, NY. ENT and Allergy Associates expanded their practice from 1,800 to 10,000 square feet, and Solaris Health signed a new 6,000-square-foot…
The Regents of the University of California, on behalf of the University of California, Irvine, entered into a definitive agreement with Tenet Healthcare Corporation to acquire Tenet’s Pacific Coast Network for $975 million. The network will become part of UCI…
University Health has started work on University Health Palo Alto Hospital, a $470 million project that will anchor a $500 million medical campus. The San Antonio Business Journal reports the hospital, which will house 166 beds will be built on a…
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