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 New University Health Tower San Antonio’s University Health System is proceeding with plans to build a 12-story tower at its main campus, located in the South Texas Medical Center. Upon the late 2022 completion of the $500-million expansion, the new tower will hold the healthcare system’s inpatient women’s and children’s medical services and will offer two emergency departments for OB/GYN patients and children. …Read Entire Post
 Peripheral Vascular Associates has broken ground on a multimillion-dollar campus it will own on Huebner Road near the South Texas Medical Center, having outgrown its leased space in Northwest San Antonio. The new PVA Pavilion will span about 17,000 square feet and house multiple imaging laboratories, vascular laboratories and exam rooms. …Read ENTIRE POST Precursor $12.3M expansion to Northeast Methodist Hospital Methodist Healthcare’s expansion project is part of a master plan to address rising demand. Last year, the Live Oak hospital treated more than 56,000 patients in its emergency department alone. Nearly 10,000 of those cases were pediatric patients. That’s more than half the volume of pediatric patients that all of Methodist’s other facilities combined — excluding its children’s hospital — treated in 2017. The expansion will include …Read Entire Post  New 75,000-square-foot medical office building 75,000-square foot medical office building broke ground this month. Located on the edges of Shavano Park along Lockhill Selma Road, the three-story office building was 100 percent preleased. The project will be the home of National Joint Care Institute and will include …Read Entire Post  Forest Park Medical Center at I-10 and 1604 Forest Park, a former boutique hospital at the crossing of Interstate 10 and Loop 1604, closed its doors in October 2015 and has sat vacant after going through foreclosure. Methodist Healthcare System of San Antonio, which operates more than a dozen facilities in the area, has bought the 155,000-square-foot facility. Vice president of communications and community affairs Palmira Arellano said, …Read Entire Post  Site of new 60,000 sq. ft. professional office building at Singing Hills REOC Development recently celebrated the groundbreaking of the Singing Hills Professional Building – a 60,000 square-foot, three-story office building located at US 281 & Harmony Hills. Designed by Luna Middleman Architects and constructed by Middleman Construction Company, site work is well under way with delivery scheduled for next fall. The building will be anchored by an Ambulatory Surgical Center (ASC) on the first floor and the goal is to secure an imaging center for the remainder of the first floor space. Lease commitments are approaching 65% of the building but there are still leasing and tenant-equity opportunities available; however, as the only Class “A” office building in the Bulverde/Spring Branch community, the remaining space is not expected to remain unclaimed for long. …Read Entire Post  Westover Hills Medical Plaza II The Westover Hills Medical Plaza, located along the Hwy. 151 corridor, includes three medical offices, is among the properties within a 1.4 million-sf portfolio purchased by an affiliate of global real estate investment firm Heitman LLC. The three medical offices make up just over 200,000 sf in the larger portfolio, which includes 17 buildings in seven states. …Read Entire Post The Sam and Ann Barshop Institute for Longevity and Aging Studies now resides at UT Health’s 186-acre Texas Research Park Campus on the far West Side. University officials said the new location across from the Greehey Academic and Research Campus will centralize operations and permit more collaboration between the institute and San Antonio’s medical community. …Read Entire Post  Source: REOC San Antonio The mid-year check up of the San Antonio medical office market remained steady and positive. The survey of more than 7.2 million square feet of separately tracked medical-only office space revealed that the citywide vacancy rate remained relatively unchanged at 20.0% compared to 20.1% at mid-year 2016 as new inventory offset positive absorption. …Read Entire Post A partnership between Artemis Real Estate Partners, Ackerman & Co. and MLL Capital purchased a four-building medical office portfolio totaling 423,411 square feet, according to a press release. Two of the downtown San Antonio buildings, the Santa Rosa Professional Pavilion — which is 128,578 square feet — and the 123,324 square foot Rosa Verde Tower, are on the CHRISTUS Children’s Hospital of San Antonio campus. The campus recently underwent a $135 million renovation and expansion. …Read Entire Post |
