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News Release: Avison Young awarded property management contract for 32d Street SurgiCenter in Phoenix

Avison Young to manage recently acquired 10,488-square-foot medical office building

Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has been awarded a property management contract for 32nd Street SurgiCenter, a fully occupied, 10,488-square-foot (sf) medical office building in Phoenix.

Senior Property Manager Anne Pappas who is based in Avison Young’s Phoenix office, will lead the team managing the property.

“Avison Young currently manages more than 5 million sf of commercial properties throughout the greater Phoenix region and medical office properties account for a substantial part of that portfolio,” comments Pappas. “Managing medical office space is very specialized due the nature of the industry and diversity of health care users. It is important as a property manager to be able to address both the tenant and landlord needs to ensure full functionality of this niche asset.”

Built in 1978 and fully renovated in 2008, the one-story property is located at 10255 N. 32nd Street and is fully occupied by two medical tenants, Laser Surgery Holding Company and Jasper Tudor, LLC. The property is well-located near State Route 51 and Shea Boulevard.

Today’s announcement follows on the heels of the recent acquisition of the property by a private trust. Avison Young Principals Julie Johnson and Alexandra Loye, who are based in the company’s Phoenix office, represented the seller in that deal, which was valued at $2.8 million.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 84 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.


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