PHOENIX, ARIZONA (September 21, 2020) – With a high demand for medical office space despite a national health crisis, the Phoenix Kidder Mathews healthcare team recently negotiated two leases on behalf of the landlord totaling 15,704 SF at Thunderbird Paseo Medical I and II in Glendale, Arizona.
The team of Senior Vice President Michael Dupuy and Vice President Rachael Thompson represented Ventas, Inc. (Landlord) and PMB Real Estate Services (Managing Agent). Banner Health and Glendale Obstetrics and Gynecology will join other tenants at the two-story medical office buildings at 5601 and 5605 W. Eugie in Glendale on the campus of Banner Thunderbird Medical Center.
Banner is leasing 13,049 SF and Glendale Obstetrics and Gynecology is leasing 2,655 SF.
“We are thrilled to have Banner and Glendale Obstetrics and Gynecology as tenants at Thunderbird Paseo,” Thompson said. “During a national pandemic (COVID-19), medical product in Arizona has remained in demand; patients still need to see their doctors – resulting in new leasing at medical buildings throughout our portfolio.”
Thunderbird Paseo Medical (96,569 SF), is strategically located directly across from Banner Thunderbird Medical Center within a convenient 2-minute walk. West Valley freeways are located a few miles away for easy access – 4 miles to the Loop 101 and 5 miles to Interstate 17.
The two buildings boast a lush, connecting courtyard providing enjoyable outdoor areas for both patients and staff. The tenant mix at Thunderbird Paseo includes Valley Radiologists, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories and Arizona Asthma & Allergy.
Vicki Robinson and Pat Williams with JLL represented Banner; Perry Gabuzzi with The Plaza Companies represented Glendale Obstetrics and Gynecology.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast with more than 700 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project and construction management, and debt and equity finance services for all property types. It performs $7 billion in transactions, manages more than 51 MSF of space, and conducts more than 1,500 appraisals annually. For more information visit http://kiddermathews.com/locations/phoenix.php.