Plaza Companies’ Brokerage services team ended 2015 with $56 million worth of sales and leases in the medical office marketplace.

The Brokerage Services Team tallied a total of $39 million in new lease deals from 111 new and renewed leases totaling 290,000 total square feet.

The Brokerage services team is led by Megan Reeves, executive vice president-Brokerage Services, Perry Gabuzzi, senior vice president-brokerage services, Margaret Lloyd, senior vice president-brokerage services and Bill Cook, vice president brokerage services.

“We were pleased to see a great deal of growth in the real estate industry and specifically the medical office sector,” said Sharon Harper, president and CEO of Plaza Companies. “We are very pleased with the momentum we were able to build and believe 2016 will be a very successful year as well.”

Plaza Companies expanded its professional growth in commercial office, research and biotechnology and additional key sectors, but the primary leasing focus lies where the growing population is, in the health care industry and medical office spaces.

Plaza specializes in providing healthcare real estate investors, owners, physicians and healthcare tenants with Acquisition, Leasing, Property Management, Development and Tenant Improvement Construction services.

The company was involved in a large sum of significant sale and lease deals in 2015. It also added several major properties to its leasing and property management portfolio, incorporating new listings across the Valley, including:

  • A new lease at Denaro Corporate Center of more than 24,000 RSF and an overall value of $9 million.
  • A lease at Thunderbird Wellness Center of more than 20,000 RSF and a value of $5.3 million.
  • The sale of Arizona Medical Pavilion in Scottsdale for $5.25 million.
  • The sale of Palm Valley Medical Plaza in Goodyear for $7.8 million.

Plaza Companies is scheduled to begin construction this year on Estrella Medical Plaza II on the Banner Estrella Medical Center campus in Phoenix.

“We are looking forward to the construction of these two exciting new buildings,” Harper said. “We also have several other major projects in the planning stages that we look forward to announcing in 2016.”

Plaza Companies, based in Peoria is an esteemed leader in the developing and managing of medical office and commercial office properties, technology and bioscience facilities, mixed-use properties and senior housing communities.

Since its founding in 1982, this full-service, specialized real estate firm has established a proud portfolio stretching across the greater Phoenix area of more than 5.5 million square feet valued at more than $1 billion. For more information about Plaza Companies, visit www.theplazaco.com.