Healthcare Real Estate

The acquisition was finalized on Dec. 13 with an effective date of Sunday, Dec. 15. Tower and Drexel University reached an agreement in late September to acquire St. Christopher's Hospital for Children for $50 million in a bankruptcy sale.

The firm buys a 371,937 square foot, class-A medical laboratory and creative office building in the Scottsdale Airpark submarket.

New healthcare spaces have are flexible and multi-purposed to adapt to new technologies.

Whole Foods Market will tenant 40,000 SF of space within the master-planned, 66-acre DC community.

The chapters on community engagement and household emergency preparedness, along with the info on energy, water and site security, offer strategies that are applicable to Houston's hurricane-prone geography.

The 1,322-unit portfolio consists of all stabilized properties and has maintained an average occupancy of 92% through the past three years.

Street will lead the firm's new due diligence advisory services practice.

What will the impact of population demographics have on design? Panelists at the recent GlobeSt. Healthcare Real Estate Conference take a closer look.