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| Mari Lederman |
PARADISE VALLEY, AZ –
Medical office experts in JLL's Phoenix office have completed
21,275 square feet in new leases at the Class A Lincoln Medical Plaza,
located at the southwest corner of Scottsdale Road and Lincoln Drive, within
the Lincoln Plaza Retail Center in Paradise Valley, Arizona.
The newly renovated building is now 100 percent
leased, with the addition of Clear Dermatology and a full second-floor lease to
Paradise Valley Multi-Specialty Surgery Center.
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| Katie McIntyre |
JLL Vice Presidents Mari Lederman and Katie
McIntyre represented the building owner, Jamel Greenway LLC, as well
as Clear Dermatology in the lease negotiations.
Four years ago, building owner James Shough
and architect Dean Munkachy of Suite 6 renovated Lincoln Plaza Retail
Center. They have now extended that vision to Lincoln Medical Plaza.
“They removed the overgrown landscape and
re-established Lincoln Medical Plaza with the high-end, Class A design required
by modern medical users," said Lederman.
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| Marwam Tamimi |
"It
is a hidden gem that has been brought back to the quality and visibility it
deserves. That combination quickly gained tenant interest in an exclusive area
of Paradise Valley where there is very limited medical office space.”
Located at 7125 E. Lincoln Drive, Lincoln Medical Plaza totals 27,868 square feet with two, 6,143-square-foot, first-floor medical offices leased to Clear Dermatology and Benessair Health, and a 15,582-square-foot, full second-floor lease to Paradise Valley Multi-Specialty Surgery Center.
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| Located at 7125 East Lincoln Drive, Lincoln Medical Plaza totals 27,868 square feet with two, 6,143-square-foot, first-floor medical offices. |
Located at 7125 E. Lincoln Drive, Lincoln Medical Plaza totals 27,868 square feet with two, 6,143-square-foot, first-floor medical offices leased to Clear Dermatology and Benessair Health, and a 15,582-square-foot, full second-floor lease to Paradise Valley Multi-Specialty Surgery Center.
To create a contiguous second floor, architect
Marwam Tamimi of Surgery Center Services enclosed a common area lobby and
incorporated modern infrastructure, connectivity and air handling required for
a fully licensed surgery center. This space will be supported by a gurney-size
elevator, to be installed during tenant improvements.
“Surgery centers are complex to design, but by
opting to strategically renovate instead of tearing down and rebuilding, this
property owner was able to bring modern amenities back into Lincoln Medical
Plaza while still keeping it affordable for future tenants,” said Lederman.
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| Dean Munkachy |
“We were fortunate to work with an owner who has
the creative vision – and an architect with the industry expertise – to bring
this project to fruition.”
Lincoln Medical Plaza sits within the
high-demographic, amenity-rich Paradise Valley market. It is adjacent to two
grocery stores (AJs and Trader Joe’s), across the street from the future Ritz
Carlton Paradise Valley, and is walkable to more than a dozen other retail,
restaurant and service providers.
CONTACT:
Stacey Hershauer
Phone: +1 480 600
0195
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