Healthcare Trust of America Inks Lease in NW Tucson

Gateway Medical Plaza, 6320 N La Cholla Blvd., Tucson, AZ

TUCSON, ARIZONA – Healthcare Trust of America, Inc. of Scottsdale (NYSE: HTA), the largest dedicated owner and operator of medical office buildings (“MOBs”) in the United States, based on gross leasable area (“GLA”),  renewed its leased office space to Tucson Orthopaedic Institute at La Cholla Medical.

The tenant, Tucson Orthopaedic Institute, leased 20,317-square-feet at 6320 N La Cholla Blvd. in Tucson with Northwest Tuscon Surgery Center on-site. Gateway Medical Plaza is a 60,160-square-foot, three-story medical office building on the Northwest Medcal Center Campus, at the southeast corner of Orange Grove and La Cholla.

Dean Cotlow of the Cotlow Company in Tucson handled the transaction valued at $2.5 million.

For more information, Cotlow can be reached at 520.881.8180 or visit it at https://www.cotlow.com/




Cotlow Company Completes Construction at Innovation Park, Oro Valley

Oro Valley, Arizona — Cotlow Company of Tucson (Dean Cotlow) has completed construction of a built-to-suit for TOI Real Estate, LLC.   The new facility is located at 12315 N Vistoso Park Road in Innovation Park, directly west of the Northwest Medical Center – Oro Valley Hospital in Oro Valley.

The facility contains 10,270-square-feet of Clinical Space, Physical Rehab, Medical Equipment & Braces, Procedure Room and Two X-ray Units.  It was a built-to-suit that has been leased to Tucson Orthopaedic Institute.  The facility is just one example of the quality of care provided by Tucson Orthopaedic Institute for their patients.

The practice includes five physicians of Tucson Orthopaedic that purchased the 57,498-square-foot lot in Innovation Corporate Center in Oro Valley for $689,976 ($12 PSF) in May 2016. Doctors Jeffrey Baron, Gerard Jeong, William Pickett, Eric Anctil and John Maltry are all physicians at Tucson Orthopaedic Institute who will be moving from other offices across the street at the Northwest Medical Center .

The facility was designed by Highton Company and constructed by Division II construction.

For additional information, Cotlow should be called at 520.881.8180.

 




Cotlow Breaking Ground of New Tucson Orthopaedic Institute Facility in Oro Valley

Rendering of Tucson Orthopaedic Institute Facility (courtesy Cotlow Company)

TUCSON, Arizona — Cotlow Company of Tucson (Dean Cotlow, president) will break ground for construction of the new Tucson Orthopaedic Institute facility in Oro Valley April 3rd.  Located at 12315 N Vistoso Park Road in Innovation Park, directly west of the Northwest Medical Center, Oro Valley Hospital. The build-to-suit facility will consist of 10,270-square-feet of clinical, physical rehabilitation and pain management space.

The practice will include five physicians of Tucson Orthopaedic that purchased a 57,498-square-foot lot in Innovation Corporate Center in Oro Valley for $689,976 ($12 PSF) in May 2016. Doctors Jeffrey Baron, Gerard Jeong, William Pickett, Eric Anctil and John Maltry are all physicians at Tucson Orthopedic Institute in other offices at the Northwest Medical Center across the street currently. See RED News May, 2016 story.

Innovation Corporate Center, is strategically located north of the Oro Valley Marketplace and Northwest Medical Center, in the heart of Oro Valley. A Venture West development, the Center offers 100,000-square-feet of professional medical office sites, in building sizes from 1,500-square-feet to 40,000-square-feet.

The building is designed by Highton Company and being constructed by Division II construction.

For additional information, Cotlow should be called at 520.881.8180.

To learn more, see RED Comp #3754.