AZRE Magazine
Two large Phoenix medical office and industrial buildings totaling more than 80,000 SF have been purchased by the Next Gen Division of Helix Capital, an Arizona-based commercial real estate brokerage, management, investment services and development company.
Next Gen PV Medical, LLC purchased a 5.58-acre multi-tenant medical office plaza at
16620 N. 40th Street, Phoenix for $4M. The property features nine individual buildings, totaling 55,874 SF. Next Gen will complete significant renovations to the medical complex, and rebrand it as Paradise Valley Medical Center in early 2014. The plaza will be managed by Helix Asset Management.