News Release: Ensemble Real Estate Solutions Experiences Encouraging Growth in Second Quarter

Phoenix, AZ (August 12, 2013) – Ensemble Real Estate Solutions closed out its 2013 second quarter with 59 medical office transactions totaling over $18.9 million in total lease value, representing a 38% increase in total leasing activity when compared to Ensemble’s 2012 second quarter.

With just over 200,000 square feet in closed deals, some of the notable transactions include:

• An 11,000 square foot renewal for Obstetrix Medical Group of North America, PLLC at Rosenberg Children’s Medical Plaza on the campus of Phoenix Children’s Hospital.
• A new 7,400 square foot lease for Orthopedic Specialists of North America at Deer Valley Medical Office Building II on the campus of John C. Lincoln Deer Valley

“Despite the economic challenges of the past few years, we are seeing signs of an uptick in activity, both in terms of new space inquiries and existing tenants asking to renew their leases,” stated Bill Molloy, Managing Director and CEO of Ensemble Real Estate Solutions. “The entire team is feeling positive about the outlook for 2013 and 2014.”

Moving into the second half of 2013, the company plans to begin construction on Surprise Medical Plaza Phase II. This project follows Ensemble’s first development, Surprise Medical Plaza I, on THE CITY master planned campus in the heart of Surprise, Arizona.  The first phase of the project was completed in 2012 and is currently 80% leased.

Ensemble Real Estate Solutions, a full service provider of healthcare real estate services, serves Arizona, Nevada, California, Texas and Washington.  Ensemble’s employees have a specialized understanding of medical facilities and are committed to helping healthcare clients with their unique needs through a variety of services, including brokerage services, asset and property management, development and construction management, consulting services, acquisition and sales.  For more information, visit www.ensemblere.com