Healthcare Development

Featured Projects
St. Francis Watkins Centre

St. Francis Watkins Centre

  • Client Bon Secours
  • Location Midlothian, Virginia
Portneuf Medical Center

Portneuf Medical Center

  • Client Portneuf Medical Center
  • Location Pocatello, Idaho
Methodist North at Allen Road

Methodist North at Allen Road

  • Client Methodist Medical Center of Illinois
  • Location Peoria, Illinois
  • Awards Medical Office Buildings, 2011 Architectural Showcase, Healthcare Design
Alpine Medical Office Building

Alpine Medical Office Building

  • Client Parker Adventist Hospital, Centura Health
  • Location Alpine, Colorado

The Premier Healthcare Developer

Methodist NorthLend Lease is a national leader in the development, financing, leasing and management of medical office buildings and outpatient facilities.

We have specialized exclusively in the development of medical real estate for more than 25 years, have developed more than 3.9 million sf and have acquired 1.5 million sf of healthcare properties.

In addition, Lend Lease has leased more than 6 million sf of medical office space to physicians. We maintain an in-house leasing team that is exclusively focused on leasing medical office space to physician tenants. As a result, we bring a very focused, disciplined, and experienced leasing capability which delivers strong results for our clients and projects.

Our experience goes well beyond simply delivering a successful project, completing a transaction or smoothly transitioning a management engagement. Lend Lease brings best practices derived from working with leading health systems around the country to each and every project.

Development

AlpineIn today's market, it is important for healthcare organizations to anticipate and keep pace with changing market conditions, technological advancements and healthcare delivery innovations. Campus expansion and strategically placed outpatient facilities are essential to ensure healthcare providers remain competitive and to solidify the presence of their brand.

By turning to a third-party developer, you can retain all the benefits and controls of a new medical facility, including ownership and participation by physicians, without the risks and liabilities inherent in medical facility development. Partnering with Lend Lease helps hospitals and healthcare systems to:

  • Preserve capital and focus resources on your core competency – the delivery of healthcare
  • Benefit from the experience and expertise of healthcare real estate professionals
  • Expand the continuum of care and enhance your brand presence
  • Keep pace with rapid and continuous changes in the healthcare real estate industry

Lend Lease is experienced in the development of all types of healthcare related facilities, including:

Acute Care, Ambulatory Surgery Centers, Cancer Care Facilities, Cardiac Care, Central Energy Plants, Children’s Hospitals, Diagnostic, Dietary, Emergency Departments, Laboratory & Research, Outpatient Care, Medical Office Buildings, Parking, Psychiatric, Rehabilitation, Surgical Facilities, Skilled Nursing, Teaching Facilities, Vertical Expansions, Wellness Centers, Women’s Centers,

As your real estate partner, Lend Lease will manage all aspects of the development process from beginning to end. We offer a variety of development and ownership approaches to satisfy the specific, unique needs of our diverse clients. We are involved in  every stage of development, including site selection, zoning, master planning, financing, design and construction oversight, space planning and tenant construction, leasing, accounting and management.

Capital Funding

Lend Lease recognizes the challenges facing hospitals and health systems as they look to grow market share while continuing to enhance the delivery of patient care. Achieving success in both areas requires creativity, flexibility and capital. And that's where Lend Lease comes in.

Lend Lease projects are funded through a variety of capital sources including Lend Lease capital, institutional and private investors and project debt.  Since 2000 Lend Lease has raised more than US$5 billion in capital to support its real estate projects.

Projects can be structured to enable hospital and/or physician investment. Offering physicians the option to invest in a healthcare facility that will be developed and managed by experienced professionals has proven to be a great alternative to physician owned and developed properties.

Lend Lease is acutely aware of the need to address the relationships between hospitals, physicians and other stakeholders.  The financial strength of Lend Lease and our extensive experience in healthcare real estate development enables Lend Lease to create inventive and flexible capital structures to meet their clients new and existing real estate needs.

Property Management

Lend Lease’s understanding and appreciation of the business relationship between hospitals, physicians and other healthcare providers has been a key to our success. Consistent with our overall commitment, Lend Lease’s goal is to provide the highest level of customer service in the areas of property management and asset management to the healthcare community.

Lend Lease provides the hands-on management expertise for all of developments and acquisitions. With a value-added approach to management, we can maximize a property's value as well as best satisfy tenant needs. On a day-to-day basis, our managers provide a trouble free work environment for tenants making it conducive to maximize their productivity.

Our long term focus on maximizing the property's value in the market place ensures that it keeps its competitive edge. Our hands-on management approach includes the implementation of and sensitivity to several key areas, including:

  • Strategic management planning 
  • Regulation compliance 
  • Adherence to operating budgets 
  • Preventive maintenance and energy management systems 
  • Regular property inspections 
  • Enhanced tenant relations

Marketing and Leasing

One of the most important components to the success of medical office building projects is the effective recruitment of physicians. Our healthcare development leasing professionals understand both real estate and medical practice issues necessary to  enlist the commitment of physicians. Additionally, as a third-party negotiator, Lend Lease allows the hospital to maintain its independence regarding the business transactions with the physicians.

Lend Lease’s success in leasing facilities has been predicated on understanding the objectives of the hospital and physicians prior to initiating the marketing program. While objectives may vary from project to project, our mission is to provide the hospital and physician tenants cost-effective suites in a facility that offers competitive rental rates.

Healthcare development marketing and leasing specialists are actively involved in general marketing strategies, advertising and public relations campaigns, as well as aggressively soliciting prospective tenants in all phases of the real estate process. Our leasing staff remains involved in the process even after leases are negotiated and executed to insure that the space planning and tenant construction needs are strictly adhered to in order to provide for a smooth transition into the tenant's new quarters.

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In Spain, we've delivered over 1,500,000 m2 GLA in 35 shopping centres and major retail projects

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We have completed over 10,000 projects worldwide

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We’ve completed 400 higher education projects in the US totaling more than US$9 billion

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We delivered the Athletes’ Village for the 2012 Olympics in the UK

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We have more than 100 projects across a broad range of sectors in Malaysia