Medical office users are continuing to expand in Phoenix. Mountain Park Health Center has signed a 20,997-square-foot lease at West Valley Medical Center in Goodyear, Arizona, a suburb of Phoenix. The 15-year lease has a total value of $9.5 million.

Mountain Park Health Center beat out two other tenants for the space, an illustration of the growing demand from medical office users. This lease deal brings the property to 100% occupancy.

Kidder Mathews' SVP Michael Dupuy and VP Rachael Thompson represented the landlord, NewStreet Properties of Omaha, Nebraska, while SVP Fletcher Perry represented Mountain Park Health Center.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Phoenix
Healthcare Real Estate
Capital Markets