First medical office space at new mixed-use development
(PHOENIX) – Hines, the international real estate firm, announced today that ClearChoice has signed a long-term 8,641-square-foot lease at its new award-winning Chandler Viridian mixed-used development near Loop 101 and Loop 202.
ClearChoice provides innovative and quality dental implant care to patients at offices throughout the country. The Chandler Viridian location will be ClearChoice’s second location in Arizona, serving patients in the southern part of the Phoenix area and even drawing patients from southern Arizona.
With the addition of ClearChoice to the tenant roster, the entire first floor of the six-story Offices at Chandler Viridian is now leased after officially opening in January 2019. Other tenants are Stantec, a global engineering, architecture and consulting firm, and Workuity, a coworking firm.
ClearChoice’s space will include exam rooms, a lab and consultation areas. ClearChoice will be located near the courtyard that connects to high-quality retail offerings such as Panera Bread and Sicilian Butcher, which is opening soon, and also the Cambria hotel and suites.
“Hines is thrilled to welcome our first medical office use to Chandler Viridian. The mixed-use environment with a high-quality office building, multifamily, hotel and retail offerings has generated much interest from a variety of possible tenants in recent months,” said Chris Anderson, senior managing director and Arizona leader for Hines.
Chandler Viridian’s immediate access to Loop 101 and Loop 202 and amenities at the mixed-use development drew ClearChoice.
“The network is eager to expand into the Chandler area and begin operations at Chandler Viridian,” said Kevin Mosher, CEO of ClearChoice Management Services, LLC. “The aim of ClearChoice is to provide the edentulous population with an improved overall state of health. This innovative property will be an ideal location to connect with the community and provide patients with world class dental expertise and compassionate care.”
ClearChoice expects to begin operating in August of 2019. With approximately 12 patient-focused employees, this new state-of-the-art dental implant center provides another warm and welcoming location to extend ClearChoice’s Platform of Hope to more Phoenix area patients.
The Offices at Chandler Viridian is a Class A office building with 250,000 square feet of leasable space near the Chandler Fashion Center. The building features a large, open floorplan with 10-foot tall ceilings, a lounge and a large courtyard.Hines developed the project in a joint venture agreement with New York Life Real Estate Investors, on behalf of its institutional client.
The office building is the capstone to the Chandler Viridian mixed-use project. In 2014, Hines razed Elevation Chandler, an unfinished structure and local eyesore at the site, and launched the mixed-use project. The Offices at Chandler Viridian is integrated into the Chandler Viridian master plan development, a 25-acre mixed-use project which also includes a Cambria hotel & suites, Broadstone Fashion Center luxury apartments, sophisticated retail offerings at Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center mall. Also featured in the master plan is a dog park, ¾-mile jogging trail connecting all of the properties, and a large public plaza with high-speed Internet and Wi-Fi – all to enhance the pedestrian experience.
Chandler Viridian recently won Mixed-Use Project of the Year and the Offices at Chandler Viridian recently won Speculative Office of the Year at the 2019 Best of NAIOP Arizona Awards in March 2019. In November 2018, Chandler Viridian won Commercial Property Executive Magazine’s 2018 Distinguished Achievement Silver Award for Repositioning/Redevelopment. Chandler Viridian also won NAIOP Arizona’s Transaction of the Year in 2015.
The Cushman & Wakefield team of Jerry Roberts and Patrick Boyle brokered the ClearChoice lease for Hines. The Sidra team of Torrey DiRoberto and Matthew Wallace represented ClearChoice.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 214 cities in 24 countries. Hines has approximately $120.6 billion of assets under management, including $66.5 billion for which Hines provides fiduciary investment management services, and $54.1 billion for which Hines provides third-party property-level services. The firm has 128 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,348 properties, totaling over 444 million square feet. The firm’s current property and asset management portfolio includes 512 properties, representing over 223 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.