Cypress West Partners has completed construction on a new 22,000-square-foot medical office building in Queen Creek, AZ. The building is 100 percent leased to five tenants. Located at 22363 E. Domingo Road, the property known as Ocotillo Medical Collaborative was built at a construction cost of $10 million.
Cypress West Partners Jason Anzalone added, “Queen Creek was in dire need of medical services for its growing population. To solve the high barrier-to-entry issues, we bought a retail-zoned piece of land that we then entitled for medical uses.”
This building is the first off-campus for-lease medical office building to come to market in the town of Queen Creek.
The Cypress West Partners portfolio includes close to 2 million square feet of medical office properties located across the U.S., including more than 250,000 square feet of medical office properties currently in various stages of development.