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Ensemble Healthcare Properties Purchases North Valley Medical Plaza
Date:3/18/2010

ley Medical Plaza directly across the street from Paradise Valley Hospital. Judy Klein, Associate Partner and Asset Manager for Ensemble's Arizona portfolio added, "having these two properties [Desert Valley and North Valley in the same market will allow us to cross market to tenants who want either a one-story garden-style project, or an on-campus low-rise project.

"The building has suffered from some neglect, so we will begin immediately on a series of improvements. North Valley's bones are excellent!" Ensemble states that plans to invest approximately $500,000 to address building issues and aesthetics are in the works. In addition they are investigating making this a showcase for a solar conversion.

For leasing information contact Tracy Altemus, Associate Partner Brokerage Services, at 602-277-8558.
Ensemble DevMan of Arizona is a full-service healthcare real estate company providing asset management, development, property management, leasing and sales services. The firm employs over 100 people and is headquartered in Phoenix, Arizona. Ensemble DevMan's nearly 3 million square foot service portfolio includes over 100 properties located in Arizona, Nevada, California, Washington and Texas. For more information, please visit our website.

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