Local News
WHEATFIELD: Calamar sells Summit Healthplex, wellness center
Tenants of the Summit Healthplex and Summit Wellness Center have a new landlord.
Calamar, the developer and owner of the buildings on Williams Road in Wheatfield, sold the medical and health care facilities to the Ohio-based investment firm Health Care REIT, Inc. The terms of the sale were not released.
“The driving force behind the sale was to continue with our growth strategy,” said Calamar President Kenneth M. Franasiak, who indicated that the sale was in the works for about a year. “As the economy continues to slow down and we grow geographically, this transaction will assist us in our growth strategy.”
Franasiak said that he could not comment on what Health Care REIT’s plans were for the facilities.
“To have a publicly traded organization like Health Care REIT come into Western New York to invest in our community is a huge victory for our region,” Franasiak said. “We have been focused on building a medical corridor in the Town of Wheatfield. It was our goal and we are very pleased with how that area has developed.”
The Summit Healthplex houses Niagara Falls Memorial Medical Center’s physical therapy and sports medicine departments along with a large outpatient diagnostic center with MRI and X-ray services.
“It is a very busy center for us,” said Pat Bradley, spokesman for the hospital. “But to my knowledge, (the sale) won’t have any impact on us. We expect to be there for a long, long time.”
Bradley said that the hospital expects to have the same “cordial relationship” with the new owners as it did with Calamar.
The Summit Wellness Center is a 42,000-square-foot, state-of-the-art facility directly attached via a covered walkway with the existing 53,000-square-foot Summit Healthplex, which also houses nearly 20 specialty physicians.
The Summit Wellness Center is home to Summit Fitness, a full-service health facility featuring over 120 pieces of cardiovascular and resistance machines, group fitness classes and certified personal trainers.
Other services include cardiac rehab, physical therapy rehab, educational programs, nutritional counseling, massage therapy, pre- and post-natal programs, skin fitness and a heated pool.
Health Care REIT is headquartered in Toledo, Ohio. The company is a self-administered real estate investment trust that specializes in senior housing and health care real estate including hospitals, medical office buildings, assisted living facilities, skilled nursing facilities and independent and assisted living centers. In 2006, the company had more than 550 properties in 37 states.
Representatives from Health Care REIT were unable to be reached for comment.
- Local News
-
-
SLIDESHOW: New Niagara USA Visitors Center
Slideshow of the New Niagara USA Visitors Center.
-
AP Sources: Silver, Sampson plan SUNY compromise
A state official involved in the negotiations says Assembly Speaker Sheldon Silver and Senate leader John Sampson are crafting a bill that would empower the state’s public universities to grow unfettered by Albany and allow them greater control over raising tuition.
-
Ethics panel accuses Rangel of 13 violations
A House investigatory panel is alleging 13 violations of congressional ethics and federal law statutes by veteran New York Rep. Charles Rangel.
-
Track set for new Falls train station
The project has been in various stages of discussion in Niagara Falls since the late 1980s.
-
Violante pleads the Fifth on DWI case
Niagara County District Attorney Michael Violante won’t explain why he allowed the daughter of an elected official to avoid a DWI charge last week in a rare plea deal in North Tonawanda City Court.
-
State judge defends court’s handling of case
State Supreme Court Judge Richard Kloch on Wednesday defended the decision of North Tonawanda City Court Judge William Lewis last week to accept a plea deal that spared the daughter of a North Tonawanda councilwoman a DWI trial.
-
District Attorney Michael Violante's statement on Donovan case
The following is an exact transcript of Niagara County District Attorney Michael Violante’s press release issued Wednesday in response to public criticism of a plea deal he offered to the daughter of North Tonawanda Alderwoman Nancy Donovan. Sara E. Donovan was arrested for DWI earlier this month after a one-car accident but instead pleaded guilty to a parking ticket and a speeding ticket.
-
Olive Garden plan approved for Falls
Niagara Falls is one step closer to getting an Olive Garden restaurant.
Members of the city’s planning board on Wednesday approved a site plan for a proposal to build a new Olive Garden near the main entrance to the Walmart plaza off Military Road in LaSalle. -
Questions remain over LaSalle library historic designation proposal
Members of the Niagara Falls Library Board want to discuss a few more details before they agree to lend their support to plans for designating the LaSalle Library building as an historic site.
-
Unusual Special Olympics event set for Seneca Niagara Casino
If everything goes as planned, those little things dangling over the edge of the Seneca Niagara Casino today will be brave volunteers raising funds for the Special Olympics.
- More Local News Headlines
-
