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Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems in which to hire the best employees, according to JLL's latest report.
A recent purchase of 9500 N. Central fits well within Robert Lynn Investment's portfolio strategy, which includes medical office buildings, surgical hospitals and surgery centers throughout the country.
Triten Real Estate Partners has ambitious plans for Tollway Place, including a Velvet Taco on the ground floor and an outdoor patio, after purchasing the six-story building in an off-market transaction.
Ridgeline Capital Partners and Harrison Street recently completed the acquisition of the Fort Behavioral Health facility, a 124,990-square-foot 125-bed building that has five separate wings.
Park Heritage vertical construction is planned to begin early next year, once the demolition is complete this year, and in a separate project, Beck Ventures is developing the other portions of Valley View Mall.
The center is currently undergoing upgrades to meet consumer demand, and will consist of 110,000 square feet of new building and site construction, and adding more parking, sidewalks and signage.
In 2015, the building experienced structural degradation and moisture infiltration due to storm damage and restoration work included waterproofing, structural remediation and interior finish out.
The 28-story HALL Arts residences features 50 homes starting at $2 million and 1,600 square feet going up to the two-level 10,000-square-foot penthouse while the adjacent HALL Arts Hotel has 183 rooms and 20 suites.
Any type of medical center with close proximity to major hospitals, surgical and recovery outposts, rehabilitation and physical therapy options is key, says Edna Meyer-Nelson, Richland president/CEO.