ARC taps Plaza Companies to market two MOBs
Plaza Companies has been selected as the exclusive leasing team for a pair of thriving medical office buildings on the Arrowhead Hospital Campus in Glendale.
American Realty Capital Healthcare Trust II, Inc. (ARC Healthcare), a real estate investment trust specializing in medical office buildings, senior housing and other healthcare facilities, has tapped Plaza Companies to lease 33,044-square-foot Arrowhead Medical Plaza I and 45,289-square-foot Arrowhead Medical Plaza II in Glendale.
The two Energy-Star rated properties are three-story medical office buildings located on the campus of Arrowhead Hospital. Arrowhead Hospital has grown from an 84-bed facility to a 217-bed, nationally recognized, full-service acute care hospital.
The medical buildings are in a high-growth area just south of the 101 Freeway at the intersection of 67th Avenue and Union Hills Drive. They boast strong tenant mixes, immediate access to the hospital and abundant patient and visitor parking as well as covered parking.
“Plaza is to thrilled to work with ARC Healthcare on such quality medical office space,” said Megan Reeves, Executive Vice President for Brokerage Services of Plaza Companies. “These are top-notch medical facilities in this ever-changing Phoenix medical marketplace, and their location on the Arrowhead Hospital campus presents a great opportunity for doctors and clinics.”
“Plaza Companies team has the strong knowledge base and experience needed in this marketplace and we couldn’t be more excited to partner with this talented team,” said Sean Leahy, Vice President of Asset Management for ARC Healthcare. “We have worked with Plaza on an increasing number of medical properties and know they will help make these buildings as successful as possible.”
Plaza Companies, based in Peoria, Arizona, is an award-winning leader in the development and management of medical office properties, technology and bioscience facilities, and senior housing communities.
Founded in 1982, Plaza Companies is a full-service firm with a portfolio of more than 5.5 million square feet valued at more than $1 billion.