Furthering the momentum of the local bioscience industry, medical technology firm BD – also known as Becton, Dickinson and Co. of Franklin Lakes, N.J. – selected San Antonio as the site for its new North American professional services headquarters to support operations in the United States, Canada and Puerto Rico. …Read Entire Post
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 South Texas Medical Center The impressive South Texas Medical Center, located in San Antonio’s Northwest sector, consists of 45 medically related institutions including various medical, dental and nursing schools, twelve hospitals and five specialty institutions. In addition, there are a myriad of retail centers, office buildings and other businesses. The color-coded, interactive map makes it easy to scope out the area. Check out the map.  Broadway Bank Professional Building R.L. Worth & Associates recently announced a change of plans for the intended 4-story building proposed on the 2.6-acre tract located at Elmira Street and Brooklyn Avenue just north of I-35 and McCullough Ave. Broadway Bank assembled the land and is expected to sell it to Worth later this year. The bank will occupy 5,000 square feet in the planned 105,425 square-foot building but instead of the original office plan, Worth has repositioned the project to target medical users. …Read Entire Post  New Braunfels Regional Rehabilitation Hospital Sundance Park, located at FM 306 & Common Street in New Braunfels, recently added another medical facility to its line which will further its tranformation from a former golf course into a master-planned, mixed-use development. New Mexico-based Ernest Health Inc. recently broke ground on a 40-bed acute-care hospital dubbed New Braunfels Regional Rehabilitation Hospital. …Read Entire Post  Source: NAI REOC San Antonio Reflecting both the challenging economy and the uncertainty regarding health care reform, leasing activity within San Antonio’s 5.8 million square feet of multi-tenant medical office space slowed in the second quarter. …Read Entire Post  Source: NAI REOC San Antonio The full impact of the newly signed Healthcare reform legislation may not be crystal clear as of yet but as the Patient Protection and Affordable Care Act takes effect over the next five years, lawsuits notwithstanding, the demand for medical space is expected to increase significantly. Locally-based commercial real estate firm NAI REOC San Antonio weighs in on the subject and shares an update of the current status of the San Antonio medical office. …Read Entire Post  Westover Hills Medical Plaza II Trammell Crow Co. recently broke ground on Westover Hills Medical Plaza II – a 72,000 square-foot medical office building located on the CHRISTUS Santa Rosa Hospital-Westover Hills campus in Far West San Antonio. …Read Entire Post  Acuity Hospital of South Texas Austin-based AcuityHealthcare recently opened Acuity Hospital of South Texas located downtown at 718 Lexington Avenue. The long-term acute care (LTAC) hospital moved from the South Texas Medical Center to the the new three-story building earlier this year. The new facility contains thirty private rooms, a clinical pharmacy, radiology and lab facilities, as well as a six-bed High Observation Unit.
 Source: NAI REOC San Antonio The San Antonio medical market, totaling nearly 5.8 million square feet of tracked multi-tenant space has certainly proven to be the most recession-resistant of all the property types but vital signs slowed somewhat in the fourth quarter. …Read Entire Post |
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