Le Lézard
Classified in: Health, Business
Subject: PDT

Mediplex Property Group Begins Construction on New Medical Office Building in Newtown, PA


FORT WASHINGTON, Pa., Feb. 1, 2023 /PRNewswire/ -- Mediplex Property Group (MPG) has begun a build-to-suit renovation on a single-story, 12,800 square foot building at 101 Pheasant Run Road in Newtown, PA. Upon completion in late 2023, Mediplex Newtown will house a combination of outpatient healthcare modalities, including: clinical offices, a physical therapy center, imaging facilities, and related procedure rooms.

Situated in the prestigious Newtown Business Commons, Mediplex Newtown is strategically located on approximately 2 acres near the interchange of I-295 and the Newtown Bypass (PA Route 332).

Pre-leased in its entirety to an internationally renowned specialty medical practice, Mediplex Newtown is the latest addition to MPG's growing portfolio of healthcare focused real estate.

PROJECT TEAM

The project was designed by Linn Architects of Media, PA and construction is being serviced by Axis Construction Management of King of Prussia, PA. OceanFirst Bank is providing financing.

ABOUT MEDIPLEX PROPERTY GROUP

Mediplex is a relationship-based, assignment-driven real estate developer serving physician practices, regional health systems and national outpatient care providers. Since 2008, the firm has successfully delivered a wide range of turnkey and build-to-suit 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.

 

SOURCE Mediplex Property Group


These press releases may also interest you

at 17:15
Prosper Canada praises the 2024 federal budget commitment to expand community financial help services
Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty, praised the Government of Canada's 2024 federal budget commitment to invest $60 million over the next 5 years to expand free,...

at 17:12
SEICon Partners With "ON" To Enhance Attendees Conference Experience
SEICon, a first-of-its-kind Sports, Entertainment & Innovation Conference, is thrilled to announce that ON, a leading AI chat platform, has joined as a sponsor for the inaugural event July 15-17 at the Virgin Hotels Las Vegas. Visit the SEICon...

at 17:12
U-Haul Breaks Ground on 1,400-Room Storage Facility in Sioux Falls
U-Haul® broke ground last week on a new retail, moving and self-storage facility at 3500 Powder House Road. U-Haul Moving & Storage...

at 17:11
M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
M&T Bank Corporation ("M&T") announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"). The dividend will be payable...

at 17:10
Eversource Energy to Discuss First Quarter Results
Eversource Energy will webcast a conference call with financial analysts on Thursday, May 2, 2024, beginning at 9 a.m. Eastern Time, at which senior management will review the company's financial performance through the first quarter of 2024. This...

at 17:06
Canadian Investment Regulatory Organization Trade Resumption - PUL
Trading resumes in: Company: Pulse Oil Corp. TSX-Venture Symbol: PUL All Issues: Yes Resumption (ET): 8:00 AM 4/17/2024 CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading...

More news about Business...


News published on and distributed by: