Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus with 46,000 SF in Leases
Together at Last: Prism Health North Texas Administrative Offices to Relocate to Baylor University Medical Center Campus, Near the Organization’s Research Facilities, Pharmacies, & Clinics
DALLAS, March 22, 2021 – Prism Health North Texas (PHNTX) has signed a 22,623-square-foot lease for the entire third floor at 3900 Junius Street for the organization’s administrative and executive offices, continuing to reinforce the organization’s growing presence in the community.
In October 2020, PHNTX signed a lease at 4004 Worth Street enabling PHNTX to occupy the entire 23,765-square-foot building for clinical research, client services, and community outreach. Together, the organization now leases more than 46,000 square feet on the campus. The properties are strategically situated across the street from each other, both owned by Healthcare Realty, and are located on the Downtown Dallas Campus of Baylor Healthcare System.
Eliza Solender of Solender/Hall represented PHNTX, and Transwestern’s Chris Lipscomb, Laney Underwood and Brooke Sutherland represented the ownership, Healthcare Realty.
Solender said, “Finding large blocks of medical space with ample parking and easy access to public transportation in the central core of Dallas is very challenging. These two locations give PHNTX the medical space they need and with their administration offices placed across the street, they can create their own campus and provide support to their other locations around the city.”
Dr. John Carlo, CEO of Prism Health North Texas, is glad to have secured a new space for the organization’s administrative teams closer to the rest of their operations. “This is a dream come true for us to be able to consolidate our administrative and patient services on a single campus location.”
The PHNTX team is eager to relocate into their new administration space in October of 2021. The new administrative office is in a more centralized location among the organization’s three sexual wellness clinics and pharmacies, allowing PHNTX to better support the clinics and pharmacies in their needs to provide healthcare for the community. Patients may also have easier access to transportation to and from appointments considering the campus’ close proximity to public transport.
“This medical center is a premier destination for healthcare providers, and we are excited to attract new and innovative organizations to the campus,” said Lipscomb. “We continue to see new groups wanting to have a presence in this vibrant area, and we look forward to bringing more healthcare related tenants onto the campus.”
ABOUT PRISM HEALTH NORTH TEXAS:
Prism Health North Texas opened services in 1986 during the HIV/AIDS crisis in North Texas, through an initial grant by the Robert Wood Johnson Foundation. Formed as AIDS Arms Network out of the Communities Foundation of Texas, PHNTX for the past 35 years has served the critical role of connecting people living with HIV to care and services in the area. PHNTX evolved to be a nationally recognized leader in delivering high-quality HIV and sexual health services, most recently expanding services to address the alarming rise in sexually transmitted infections in Dallas County and North Texas. Roughly 30% of people living with HIV in North Texas receive medical care and support at one of the four health centers.
PHNTX is committed to providing healthcare for all North Texans in a non-judgmental and affirming environment. The organization strives to remove the barriers that prevent any individual from accessing quality healthcare. PHNTX stands for health equity, especially for marginalized populations including people living with HIV, LGBTQIA+, and ethnic minorities. Every individual has the right to affordable, accessible health care and the opportunity to attain their highest level of health.
Since 1991, Solender/Hall has been assisting nonprofit organizations buy, sell and lease commercial real estate in the North Texas area. The firm has been highly successful in finding unique properties, often repurposing banks, stores, warehouses, bowling alleys and churches into new nonprofit locations. Find out more at www.solenderhall.com or by calling 214.265.8200.
ABOUT TRANSWESTERN REAL ESTATE SERVICES:
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
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