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News Release: Caddis breaks ground for new Class A multi-tenant medical clinic near Dallas

The Frisco Medical Pavilion is being developed in Frisco, one of the fastest growing cities in the nation, and near the new Texas Health Hospital Frisco

Dallas, Nov. 1, 2018 – Caddis®, a national healthcare real estate firm headquartered in Dallas, recently broke ground for the 34,650 square foot, multi-tenant Frisco Medical Pavilion in the Dallas suburb of Frisco, one of the fastest growing cities in the country.

The Class A pavilion will be a nine-suite, single-story retail-style building at 12950 Dallas Parkway in Frisco. The project is due north of the under-construction 80-bed Texas Health Frisco Hospital and a Texas Health Physicians Group internal medicine clinic will be the anchor tenant. The facility is expected to be completed in the summer of 2019, around the same time as the opening of the new hospital.

Jud Jacobs, Caddis executive vice president of development and partner, said the new medical pavilion will offer patients and the community a number of important benefits.

“The new clinic will be highly visible and easily accessible from the Dallas North Tollway and will have abundant parking,” Mr. Jacobs says. “We believe this project will help provide its patients convenient access to high-quality healthcare and increase referrals to the nearby medical campus.”

He added, “The medical pavilion will serve an area that has a booming population. In fact, Frisco tops the U.S. Census Bureau’s list of the fastest-growing cities in the nation. The clinic will be an important addition in this thriving community.”

The general contractor for the project is Richardson, Texas-based Novel Builders, and the architect is Dallas-based Corgan.

About Caddis

Caddis® LLC is a national real estate development, management and investment firm focused exclusively on healthcare real estate. The firm is comprised of experienced real estate professionals across various disciplines that provide clients with expertise in development, acquisition, financing, construction management, leasing, tenant representation, property management and accounting. Since its inception, Caddis has developed or acquired over three million square feet of medical assets valued in excess of $800 million. In its annual Construction and Design Survey, Modern Healthcare magazine recognized Caddis as the 9th largest development company in the United States. For more information about Caddis, please visit www.Caddis.com.

News Media Contact:
Stacey Berman, Caddis, 469-547-5421, sberman@caddis.com

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