News Release: NexCore Group’s Banner Health Center plus development wins 2021 HREI Insights Award™

FOR IMMEDIATE RELEASE

Healthcare Real Estate Insights™ magazine’s annual, national awards program honors the three-story, 128,413-square foot medical facility NexCore recently completed for Banner Health in Glendale, Ariz.

Top: NexCore Group’s Banner Health Center plus won a 2021 HREI Insights Award. Bottom: Jim Hartmann (left), NexCore’s SVP Real Estate Development, and Rob Stieg, SVP Design & Construction, were on hand to accept the award.

DENVER and GLENDALE, Ariz., Dec. 7, 2021 – A healthcare facility developed by NexCore Group, a national healthcare, life sciences and senior living real estate developer, has been honored as a winner in the Healthcare Real Estate Insights™ (HREI) magazine’s annual, national awards program announced at the GlobeSt. Healthcare Conference Dec. 1 in Scottsdale, Ariz.

NexCore, which is headquartered in Denver, developed Banner Health Center plus, a three-story, 128,413-square foot medical office building (MOB) in Glendale, Ariz., a suburb of Phoenix.

Todd Varney, NexCore’s Chief Development Officer, remarked, “NexCore is thrilled to win this prestigious award, which recognizes the incredible effort and teamwork that went into this project. The construction and development process that went into Banner Health Center plus was seamless, and we couldn’t have asked for a better collaboration with our project partners, Banner Health, SmithGroup, Haydon and the City of Glendale. This award makes all of us proud.”

HREI is the first and only national magazine entirely devoted to covering healthcare real estate (HRE) development, financing and investment, and the HREI Insights Awards™ are the first and only national awards dedicated to recognizing excellence in the areas of HRE development and executive leadership.

In the eight years since HREI launched the highly competitive Insights Awards, NexCore projects have been named Finalists 24 times and Winners seven times, including five times for development projects, once for Lifetime Achievement (Tim Oliver, Director Strategic Planning & Development, won in 2016) and once for Healthcare Real Estate Executive of the Year (Greg Venn, CEO, won in 2019).

About Banner Health Center plus, Glendale, Ariz.

Winner of the “Best New Development, MOBs and Other Outpatient Facilities, More than 100,000 square feet” Category, Banner Health Center plus is a three-story, 128,413-square foot Medical Office Building (MOB) in the Phoenix suburb of Glendale, Ariz.

Banner selected NexCore to develop a new MOB unlike any other in Banner’s portfolio to provide easy access to top-quality healthcare with multiple, diverse services under one roof. NexCore led a lean design initiative, studied patient/provider experiences and best practices and initiated efficiencies that led to an overall lower cost per encounter while achieving a more positive patient experience. The completed MOB offered wayfinding to ease patient anxiety, dual entry exam rooms, off-stage integrated care team setting, full height glazing in waiting areas to maximize daylight and connection to mountain views and a wellness trail.

“Banner Health Center plus embodies the creative solutions NexCore brings to many projects – incorporating elements that are part of the health system’s DNA, woven through our signature flexible model that is designed to adapt to the specific market’s needs,” Mr. Varney says. “The efficiencies gained through user groups and patient/provider experience processes and prototypes has once again resulted in an outstanding healthcare facility that meets the needs of the client, the consumer, and the community.”

Banner Health Center plus was joined by three additional NexCore-developed projects that were named 2021 Finalists:
■ Northwest Transitions, Tucson, Ariz., a Finalist in the Best New Development, Hospitals and Other Inpatient Facilities (any size) Category;
■ The Azure at Palm Coast, Palm Coast, Fla., a Finalist in the “Best New Development, Post-Acute & Senior Living Facilities (any size)” Category; and
■ Beaumont Outpatient Campus, Lenox, Mich. a Finalist in the “Best New Development, MOBs and Other Outpatient Facilities, More than 100,000 square feet” Category.

About the HREI Insights Awards

Founded in 2003, HREI (Healthcare Real Estate Insights) is the nation’s first and only print and digital media organization entirely devoted to covering healthcare real estate (HRE) development, financing and investment. Now in their ninth year, the HREI Insights Awards are the first and only national awards dedicated to recognizing excellence in the areas of HRE development and executive leadership. The winners of the 2021 HREI Insights Awards were announced Dec. 1 at the GlobeSt. Healthcare conference in Scottsdale, Ariz. For more information on the awards, please visit HREInsights.com.

About NexCore Group LLC

NexCore Group is a national healthcare real estate investment and development company that focuses on acquiring, developing, owning and managing healthcare facilities including medical office buildings, wellness facilities, ambulatory surgery centers, single and multi-specialty physician buildings, life sciences facilities, senior living communities and transitional rehabilitation centers. NexCore partners with top healthcare systems, hospitals, physician groups, and assisted living, memory care and post-acute care operators, and reputable institutional and high net worth investors to develop, acquire and own high quality assets that serve their communities through significant job creation and the provision of quality healthcare services. Since 2004, the NexCore team has developed and acquired over 13.9 million square feet of healthcare properties across the country and currently manages over $2.8 billion of healthcare facilities. The company has been recognized repeatedly as one of the Top Healthcare Real Estate Developers in the U.S. by Modern Healthcare and HREI. NexCore is headquartered in Denver, with regional offices in Chicago; Bethesda, Md.; Portland, Ore.; Dallas; Orlando, Fla.; Laguna Niguel, Calif.; and Indianapolis. For more information, please visit NexcoreGroup.com. Contact: Kirstin Barbour, Marketing Director, 303-293-0693.

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News Media Contact: Kirstin Barbour, NexCore Group • 303.293.0693 • Kirstin.Barbour@NexCoreGroup.com

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