Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg
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Remedy Medical Properties, Kayne Anderson Real Estate and Centra recently broke ground on the Centra Langhorne Medical Center, a new 130,000-square-foot medical office building expected to open in late 2025. Please click on the images to link to a high-resolution version. |
LYNCHBURG, VA and CHICAGO, – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot medical office building (MOB) near Centra Lynchburg General Hospital.
Slated to open in late 2025, the new five-story MOB at 2125 Langhorne Road will be 100% occupied at opening. The facility will offer a wide range of outpatient services.
“Remedy is very pleased to partner with Centra on this wonderful multispecialty center that will provide the residents of Lynchburg increased access to quality healthcare,” said Remedy founder Peter Westmeyer. “It’s a great example of how we assist innovative health providers like Centra to anticipate and satisfy the needs of both patients and practitioners in convenient, high-quality settings.”
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| Peter Westmeyer |
Prominently located on the corner of Langhorne and Tate Springs Road, the site provides room for future horizontal expansion. The roundabout entrance will connect the campus to the neighboring multifamily development, and a wellness trail will link the property to Lynchburg’s popular Blackwater Creek Trail system.
“The design of the building draws inspiration from Lynchburg’s rich history, incorporating building materials originating from the region, to create a holistic set of spaces to address the care, development, and well-being of the local community,” says Diane Ludwig, Centra chief communications officer. “When completed, this modern facility will enable us to efficiently and effectively deliver a wide variety of healthcare services close to home.”
The project development team also includes Haskell Architecture and Engineering Inc., civil engineer Hurt & Proffitt, Inc., structural engineer O’Donnell & Naccarato, Inc. and contractor Robins and Morton.
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Remedy Medical Properties, Kayne Anderson Real Estate and Centra break ground for the Centra Langhorne Medical Center on March 20. From left:
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As part of the development agreement, Remedy and Kayne Anderson also acquired Centra’s Danville Medical Center. The two-story, 47,900-square-foot MOB located at 414 Park Avenue in Danville, Virginia, was completed in 2016 and is 100% long-term leased by Centra. The facility offers primary care, urgent care and cardiology.
About Remedy Medical Properties
Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with over 30 million square feet and 25 offices spanning 43 states. Remedy offers unmatched flexibility in every client engagement, and our adaptability enables us to provide more options in ownership, development, leasing, management, and strategy. Our willingness to commit capital, share more risk, and offer greater foresight results in greater resilience, profitability, and peace of mind for our clients. For more information visit www.RemedyMed.com.
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| Diane Ludwig |
About Kayne Anderson Real Estate
Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson, a $35 billion alternative investment management firm with more than 40 years of successful experience in the real estate, renewable and energy infrastructure, energy, credit, and growth capital sectors. For more information, visit www.kayneanderson.com/real-estate/.
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