August 4, 2014

AZRE

GPE to represent new MOB in north Phoenix

GPE Commercial Advisors has secured the exclusive leasing assignment for a new office/medical project being developed by The Mahoney Group in one of Phoenix’s highest-growth areas. The Mahoney Group, Arizona’s largest independent Insurance agency, will be relocating one of their Phoenix offices to the new project.

This new Class A building will be located on the northeast corner of 19th Ave and Loop 101—ideally situated between Route 101 and the I-17, within one mile of the John C. Lincoln Deer Valley Hospital.

“There is a substantial need for large contiguous space in this area for medical and professional tenants,” said GPE Senior Vice President Alexandra Loye. “The freeway frontage, visibility and signage opportunity will attract the highest quality users to this project. Located directly off the 101 freeway, with easy access to all areas in the Valley as well as close proximity to the hospital make it the perfect location.”

The two-story, 47,000 square foot Mahoney Professional Building will be completed by September, 2015. Alexandra Loye, Bret Isbell and Julie Johnson are the listing brokers on this premier project.

Johnson said the Deer Valley region has a high demand for physicians that will only increase in the near future. “With the proximity to the John C. Lincoln Deer Valley hospital campus as well as the attractive demographics of the area this is an excellent location for physicians to locate,” she said. “And as a fast-growing area with many new families, there will be increasing need for family practitioners and OB/GYNs in addition to other specialties.”

“This building is unique and exciting,” said Loye. “There has been virtually no new spec construction over the last few years, and physicians’ space requirements have changed. This new project combines large floor plates, technology and the data infrastructure that doctors need to be efficient and effective in this changing healthcare environment.”