{"id":1004606230,"date":"2022-10-10T11:34:25","date_gmt":"2022-10-10T19:34:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004606230"},"modified":"2022-12-09T02:11:40","modified_gmt":"2022-12-09T10:11:40","slug":"hammes-partners-to-build-phoenix-area-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hammes-partners-to-build-phoenix-area-mob\/","title":{"rendered":"Hammes Partners to Build Phoenix-Area MOB"},"content":{"rendered":"<div id=\"attachment_1004606231\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004606231\" data-attachment-id=\"1004606231\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hammes-partners-to-build-phoenix-area-mob\/buckeye-mob\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png\" data-orig-size=\"459,344\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Buckeye MOB\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rendering of Buckeye Medical Plaza. Image courtesy of Avison Young&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png?w=459\" class=\"wp-image-1004606231 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png 459w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Buckeye-MOB-e1665407404775.png?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004606231\" class=\"wp-caption-text\">Rendering of Buckeye Medical Plaza. Image courtesy of Avison Young<\/p><\/div>\n<p>The health-care real estate investment and development company <strong>Hammes Partners<\/strong> has acquired a 4.2-acre land parcel for the development of Buckeye Medical Plaza, a 45,000-square-foot medical office project in Buckeye, Ariz. According to Maricopa County records, <strong>Wilson Property Services Inc.<\/strong> sold the parcel for $4 million.<\/p>\n<p><strong>Avison Young<\/strong> Principal James DeCremer represented the seller in the transaction, while President Melynn Wakeman of <strong>Wakeman Integrity<\/strong> represented the buyer.<\/p>\n<p>The two-story medical office building is slated for completion in the third quarter of 2023. The site is located at the northeast corner of Watson Road and Sundance Parkway. The lot is 30 miles from Phoenix and 1.5 miles from Interstate 10, along a major retail corridor, which includes Lowe\u2019s Home Improvement, Walmart and Sundance Towne Center. Other medical offices in the surrounding area include dental care facilities, such as Sundance Dental Group, which is adjacent to the property, as well as Desert Valley Pediatric Dentistry and Sandstone Oral Maxillofacial Surgery, among others.<\/p>\n<p>DeCremer stated in prepared remarks that there is a demand for medical facilities in Buckeye due to the area&#8217;s expanding population. According to CommercialEdge data, in Phoenix and the surrounding submarkets, there are 42 medical office buildings in various stages of development.<\/p>\n<p>Phoenix has seen a steady transaction activity in the medical office sector since the beginning on the year. <a href=\"https:\/\/www.commercialsearch.com\/news\/altera-buys-big-enters-phoenix-market\/\">Altera entered the market<\/a> in February, with the acquisition of a 130,000-square-foot MOB in Gilbert, Ariz., while in June, Woodside Health Development paid $20 million for an <a href=\"https:\/\/www.commercialsearch.com\/news\/woodside-health-buys-phoenix-mob\/\">81,907-square-foot property<\/a> in Phoenix.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buckeye Medical Plaza will soon rise on a newly acquired land parcel. <\/p>\n","protected":false},"author":2829,"featured_media":1004606231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21754,21742,1601,15],"tags":[33022,51730,51732,51731],"class_list":["post-1004606230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-medical-office","category-latest","category-phoenix","category-west","tag-avison-young","tag-hammes-partners","tag-wakeman-integrity","tag-wilson-property-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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