HonorHealth to lease medical space in west Chandler
ViaWest Group has announced the addition of HonorHealth as a major new tenant at Chandler Integrated Care Campus, where a medical office conversion project is in progress at 2700 W. Frye Rd. in Chandler. just east of Loop 101.
Courtesy of ViaWest Group
ViaWest Group has announced the addition of HonorHealth as a major new tenant at Chandler Integrated Care Campus, a medical office conversion project in progress at 2700 W. Frye Rd. in Chandler. just east of Loop 101.
HonorHealth will lease 50,000 square feet at Chandler Integrated Care Campus for its Arizona Center for Cancer Care as well as primary care, pain management and breast surgery services, according to a news release.
HonorHealth joins existing building tenant CVS Health, who leases 67,000 square feet. The building has approximately 70,000 square feet of space available for lease and ready to accommodate medical office uses.
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VALLEY BUSINESS / HEALTH CARE
HonorHealth to lease medical space in west Chandler
Courtesy of ViaWest Group
ViaWest Group has announced the addition of HonorHealth as a major new tenant at Chandler Integrated Care Campus, where a medical office conversion project is in progress at 2700 W. Frye Rd. in Chandler. just east of Loop 101.
ViaWest Group has announced the addition of HonorHealth as a major new tenant at Chandler Integrated Care Campus, a medical office conversion project in progress at 2700 W. Frye Rd. in Chandler. just east of Loop 101.
HonorHealth will lease 50,000 square feet at Chandler Integrated Care Campus for its Arizona Center for Cancer Care as well as primary care, pain management and breast surgery services, according to a news release.
HonorHealth joins existing building tenant CVS Health, who leases 67,000 square feet. The building has approximately 70,000 square feet of space available for lease and ready to accommodate medical office uses.
ViaWest purchased the 187,000-square-foot office building in December of last year. The company plans to invest $24 million to convert the project from traditional office space to a premier medical campus with upgraded common areas, an on-site gym, a physicians lounge and the addition of a grab-and-go food service option, the release states.
“Chandler Integrated Care Campus was purchased, and is being renovated, to meet real, unmet demand for premier medical office space, particularly for larger users like HonorHealth who want to elevate the healthcare experience for providers and their patients,” said ViaWest Group Senior Vice President Alex Hondros “Leasing response is already telling us that this is the right product in the right place at the right time. We look forward to the completion of this conversion and will continue to lean into this product sector, with an intent to provide more smart, impactful medical office building space as opportunities arise.”
JLL Executive Vice Presidents Mari Lederman and Katie McIntyre are the exclusive leasing brokers for Chandler Integrated Care Campus.
According to JLL, Chandler’s medical office building direct vacancy rate has held at sub-10% since early 2018, with only one new building delivery in 2021 and limited land available for new construction.
“Office conversions solve multiple challenges at once, satisfying pent-up demand with modern medical space that can be delivered faster and at a lower cost than a new build,” said McIntyre. “ViaWest recognized this opportunity and is acting on it. We appreciate the trust they have placed in JLL to help deploy their MOB strategy.”
Other features of the Chandler Integrated Care Campus include flexible floorplates served by three elevators, fully covered parking for patients and staff, significant electric and plumbing infrastructure, conference and meeting rooms and building- and monument-sign opportunities.
The property is only one mile from Dignity Chandler Regional Medical Center and is fewer than three miles from Banner Ocotillo Medical Center.
We invite our readers to submit their civil comments on this topic. Email AZOpinions@iniusa.org.
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