PHOENIX, August 6, 2019 – Cushman & Wakefield has announced that Scottsdale-based HonorHealth signed a 5,000-square-foot (SF) lease at Physicians Medical Plaza of North Mountain, located at 9250 N. 3rd Street in Phoenix. Sheila Bale, Tom Weinhold and Ryan O’Connor of Cushman & Wakefield represented both HonorHealth and the real estate owner, Physicians Realty Trust (NYSE: DOC), in lease negotiations.
Lynn Moreno, vice president of real estate for HonorHealth stated, “The space was nicely designed and ready to occupy with very few changes. It saved us significant time and money because of the condition of the suite.”
Physicians Medical Plaza of North Mountain is a 121,976 SF medical office building on the campus of HonorHealth John C. Lincoln Medical Center. HonorHealth plans to use the location for gastroenterology services to patients needing care in the North Central Phoenix area.
Bale stated, “We are able to offer aggressive rates and accommodate a spectrum of medical groups of varying sizes with suites ranging from 1,500 SF up to 30,000 SF at the property. As physician groups get larger, hospital specialist groups grow in size, and North Central Phoenix continues to grow in population density, this flexibility is a distinct advantage.”
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Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.