Rendering of One Scottsdale Medical. Picture courtesy of Ryan Cos.
Ryan Cos. has damaged floor on One Scottsdale Medical, a 101,136-rentable-square-foot medical workplace constructing in Scottsdale, Ariz. The ability has a completion date set for the third quarter of 2024.
The corporate bought the event website in July 2022 from One Scottsdale Core for $8.8 million, in response to Maricopa County data. Cushman & Wakefield represented the vendor within the transaction.
The medical facility will probably be a part of One Scottsdale, a 120-acre mixed-use improvement that may embody as much as 2.9 million sq. ft of retail, eating places, workplace, hospitality and residential house.
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Upon completion, the two-story Class A constructing will characteristic 16-foot floor-to-floor heights, a most important foyer entrance and two lined drop-off and pick-up canopies. The property is already 80 p.c preleased to Metropolis of Hope and Exalt Well being.
Metropolis of Hope, a most cancers and diabetes analysis and remedy group, will probably be occupying 30,000 sq. ft. Exalt Well being, which presents post-acute care rehabilitation companies, has leased the opposite 50,000 sq. ft. JLL Vice Presidents Mari Lederman and Katie McIntyre are the venture’s unique leasing brokers.
One Scottsdale Medical is taking form at 20159 N. Scottsdale Highway, close to Loop 101, some 25 miles from downtown Phoenix. The ability will probably be located straight throughout from HonorHealth Thompson Peak Medical Heart in Scottsdale’s Healthcare Hall, which incorporates medical suppliers reminiscent of Mayo Clinic Hospital and Banner Well being North Scottsdale hospital campus.
Ryan Cos.’ different health-care actual property initiatives
Ryan Cos. has 4 different medical workplace buildings deliberate or within the potential levels, CommercialEdge information exhibits. When full, the properties will deliver the corporate’s health-care actual property footprint to greater than 1 million sq. ft.
This spring, Ryan Cos. and Henrich Companions, along with landowners Belfonti Cos. and A. Secondino & Son Inc., joined forces to develop a 500,000-square-foot medical and life science campus in Branford, Conn. The corporate additionally accomplished a 60,000-square-foot health-care facility in St. Paul, Minn., that’s a part of the 122-acre Highland Bridge mixed-use improvement.
