The best medical Properties Project/Lease of 2017

April 24, 2018

 

Benchmark Construction
Frederick Street Patient Tower 
Lancaster General Hospital

Lancaster, PA
Size:
147,000 SF
The Lancaster General Hospital’s Frederick Street Patient Tower Overbuild is a six-story overbuild and expansion of the existing building with an active Radiology Department, Administrative Suites, and Short Stay Unit underneath. The project also included temporary helipad relocation, while the final helipad would be completed on the roof. In addition to the sensitive space directly below the overbuild, Benchmark continues to perform adjacent to the OR suite, Pharmacy, EP/Cath Labs and Clinical Laboratory. Vertical structural work necessitated extensive retrofitting to existing columns in several occupied areas – including renovated CT suite & Ultrasound unit.
Anticipated completion May 2018. 

 

 NAI Emory Hill
110 Lake Drive
Newark, DE

Size: 79,184 SF
Broker: Neil Kilian
NAI Emory Hill broker Neil Kilian, CCIM, SIOR, represented the landlord in the lease of 79,184 SF of office space at 110 Lake Drive in the Pencader Corporate Center in Newark, DE to Seimens Medical Solutions,  global leader in medical imaging, laboratory diagnostics, and healthcare information technology. 

 

 

 NAI Summit
1651 S Cedar Crest
Allentown PA

Size: 19,910 SF
Broker: Matt Dorman 
Good Shepherd Rehabilitation Hospital Long Term Lease
Sarah Finney-Miller of NAI Summit recently represented Diakon Lutheran Social Ministries in the sale of their 63,459 SF Class A, Medical Arts Building located at 798 Hausman Road, Allentown. The facility was developed in 2000 by Diakon who is widely known as the most reputable retirement community in the region. The impetus for the Medical Arts Building was the Luther Crest Retirement Community that was developed at the same time on the general site of the medical office building to provide a convenient avenue for residents to address their medical needs. Currently the Luther Crest community offers over 200 residences which include housekeeping services, maintenance personnel, ample area amenities, transportation and more. This is one of nine total Diakon communities throughout the northeast. 
NAI Summit has a long history working with this location. We have handled the leasing and property management of this facility for many years making it an attractive investment for the buyer. From building maintenance to lease negotiations to consulting to project management and buildouts to now an investment sale, our full service firm handled every commercial real estate need they had, every step of the way. 

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