The The largest provider of ambulatory imaging services in the US is significantly expanding its presence in Arizona with a new lease in Park Central, Phoenix. RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high quality, affordable ambulatory diagnostic imaging services at fixed locations, has signed a new lease for an area of 24,000 square feet in the Strauss building in Park Central. The new space is part of an ongoing commitment by RadNet and its partner Dignity Health, which is part of CommonSpirit Health, to provide high quality imaging services to medical audiences and patient populations.
RadNet, through Dignity Health – Arizona Diagnostic Radiology, will provide a full-service MR, CT, nuclear imaging, and mammography imaging clinic at the Park Central location to address an important need for the local medical community.
Norman Hames, President and Chief Operating Officer of RadNet, said the Park Central location in the emerging medical hub of Central Phoenix is ideal for the company’s new center of excellence.
“Park Central is known as one of the most important medical and technology intersections in the region and is the perfect location for this new comprehensive imaging center,” said Hames. “We look forward to the synergies we will experience with medical partners in this area such as Dignity Health and many others.”
Sharon Harper, chairman and CEO of Plaza Companies, a co-developer of Park Central, said RadNet’s presence in Park Central will further enhance the property’s health profile and provide new access to critical services for patients in central Phoenix.
“We are very excited to welcome RadNet to Park Central and look forward to seeing RadNet grow and thrive as part of this vital, mixed-use environment,” said Harper. “RadNet has significant plans to expand its presence in Arizona, and this new facility in Park Central will enhance that presence while providing another vital healthcare facility for the area. “
Plaza Companies and Tucson’s Holualoa Companies have teamed up until the renovation of Park Central into a vibrant destinationwhich was once the city’s first official major mall. The companies to have Reconciliationed Sprawling from a mall to a nearly 500,000 square foot bustling community center is ideal for playing, working, gathering, and celebrating the arts.
Stan Shafer, chief operating officer for Holualoa companies, said RadNet will become an integral part of the Park Central project, which already houses high profile medical facilities such as Dignity Health, DMG Medical Group, Creighton University’s Health Sciences campus and West Coast Ultrasound Institute.
“RadNet is another great example of how Park Central is making a significant impact on healthcare in the area,” he said. “And it shows how Park Central is emerging as a key factor in creating a health ecosystem in central Phoenix that includes some of the best providers and organizations in the country.”
For office rentals, renters and brokers can contact Andrew Cheney with Lee & Associates (602.954.3769) or Bill Cook with Plaza Companies (623.344.4526). For retail leasing contacts are Brent Mallonee with Cushman and Wakefield (602.224.4437) or Margaret Lloyd with Plaza Companies (623.344.4558).
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