Scottsdale Psychiatry & Therapy Center Plans Expansion

Phoenix, Arizona  –  The Valbuena Institute has purchased a medical office building at 9831 E. Bell Rd. for $1,321,936.00.  The institute will relocate its Valbuena Wellness Center to the property.

“This property offered very convenient access to the Loop 101 and enables my client to expand their practice and add service lines for their patients,” says Phil Wurth, executive vice president with Colliers International in Greater Phoenix.

The Valbuena Institute purchased the property from Pathfinder TRF Four, LLC.  Ryan O’Connor of Cushman & Wakefield represented the seller and Wurth represented Valbuena Institute in the transaction.

The medical office building contains 6,512 square feet of space and was constructed in 2005. Valbuena Institute plans to remodel and upgrade the space before taking occupancy.  They also will be hiring additional staff and partnering with more local healthcare providers.

Founded by Paul R. Valbuena, M.D. a Double Board-Certified Psychiatrist, and a Diplomate with the American Board of Psychiatry and Neurology.  Valbuena Wellness Center provides a full range of services.   It is a multi-specialty center that includes many physicians and licensed therapists.  They provide health and wellness checks, addiction medicine services, psychiatric services, Nutritional services, aesthetics, women and men’s health, therapy for both adult and children as well as lab testing.  Dr. Valbuena is a recognized leader in health and wellness and is devoted to providing efficient and compassionate health services to all ages.

PHOENIX, Arizona – Cushman & Wakefield announced that Sheila Bale and Ryan O’Connor have joined the firm’s office healthcare division as Managing Director and Senior Director in the Phoenix Office.

Bale and O’Connor were most recently with Newmark Grubb Knight Frank (NGKF) and together bring 22 years of experience in the healthcare real estate market. They will be joining Tom Weinhold, Managing Director of the Phoenix office, to form a team of skilled professionals under Cushman & Wakefield’s Healthcare Real Estate Group platform. Samuel Gillespie also joined the team, from Newmark Grubb Knight Frank, to provide client support.

“We’re continuing to grow our Phoenix platform with the best talent in the industry and who will provide the right solutions for our clients,” said Bryon Carney, Regional Managing Principal for Cushman & Wakefield. “Sheila and Ryan have a wide-range of experience dealing with complex and competitive transactions and providing sound, unique solutions – they are an outstanding addition to our team.”

As Managing Director, Bale will specialize in the marketing, sales and leasing of office and medical space for the team. Senior Director, O’Connor will focus on landlord and tenant representation of office properties, with an emphasis on healthcare providers.

“Joining Cushman & Wakefield is an excellent opportunity to grow our healthcare business and really impact healthcare real estate solutions. The Healthcare Practice Group is a robust platform positioned well for the upcoming changes in healthcare delivery,” said Bale.

Cushman & Wakefield has a national Healthcare Real Estate Group with representation throughout the United States. This national practice group is led by Lorie Damon, to provide healthcare organizations with strategic and transformational real estate services.

“We’re thrilled to have the Bale and O’Connor team join our healthcare platform. Their depth and breadth of healthcare industry experience complements our healthcare teams, resources and relationships. Together, we’re well positioned to help our clients navigate the cross currents of healthcare delivery, in Phoenix and beyond,” said Lorie Damon, Managing Director for Cushman & Wakefield.