Mediplex Property Group has acquired a 28,127 SF healthcare facility situated on 6.4 acres located at 1230 American Boulevard in West Chester, PA. Just 3 miles from downtown West Chester and Chester County Hospital, the highly visible facility is conveniently located off Airport Road and offers exceptional access to Route 202 as well as nearby Route 100, strategically connecting with other regional highways and major local thoroughfares serving fast-growing Chester County.
The entire first floor houses the MUVE-West Chester Ambulatory Surgery Center and Stay Suites, an integrated, state-of-the-artspecialty medical facility managed by Surgery Partners, a national healthcare firm that owns and operates more than 250 locations in 30 states.
The majority of the second floor of the building, comprising 12,743 rentable SF, is readily divisible and available for immediate lease in the high-demand West Chester market.
This acquisition is the latest addition to Mediplex Property Group’s expanding portfolio of healthcarefocused real estate.
CBRE represented the Seller and secured the Buyer, Mediplex Property Group, led by the team of Stephen Marzullo, Stephen Gersbach, Adam Silverman and Scott Gabrielsen.
About Mediplex Property Group
Mediplex is a relationship-based, assignment-driven real estate developer and investor serving physician practices, regional health systems and national outpatient care providers. Since 2008, the firm has successfully built its portfolio through both strategic acquisitions as well as delivering a wide range of turnkey and build-tosuit projects through ground-up construction or adaptive re-use. Acting as its clients’ partner or preferred developer, Mediplex delivers real estate solutions that enhance the patient experience and benefit the provider through programmatic development, tenant co-investment and enhanced portfolio monetization.
For additional information about Mediplex’s assignment-driven partnerships with healthcare providers, please call 267-513-1979 or visit the company’s website at www.mediplexpropertygroup.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm. The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
