Navigation Links
Oaks Development Group Launches Physician Incubator Space in Palm Coast Medical Office Building
Date:10/15/2009

PALM COAST, Fla., Oct. 15 /PRNewswire/ -- Technology companies have been doing it for years. Why not the medical profession? Incubator space has recently gathered some thoughtful discussion in hospitals and as a way to generate interest in the expansion of medical care into secondary markets. One developer, North Carolina-based Oaks Development Group, believes there's application in off-campus medical office buildings (MOBs). As such, the innovative developer is rolling out the concept in its Palm Coast, Florida, building.

Oaks broke ground on the 20,000-square-foot building over the summer. Located across from Florida Hospital Flagler on State Road 100, it is expected to be completed in early 2010.

The incubator space will consist of 2,200 square feet and eight offices. Oaks is making the space available for as little as two, half days a week with just a one-year commitment for physicians looking to expand into new markets. Oaks provides exam tables, chairs, permanent equipment, high-speed internet, phone system and cleaning services, with no cash outlay for physicians. "It's shared space, providing opportunities for physicians to open second practices or move into new markets. It's available to them while they build up their practices, until they are ready to move into permanent space," said Charlie Barker, Oaks' director of Florida development.

"In addition, our model for tenanting our office buildings is focused on nesting practices that serve as natural referral sources for each other," added Barker. "This contributes to a start-up practice's ability to attract new patients."

Such space also provides an option for physicians who are coming in from competing markets where they may not yet be affiliated with any hospital or are connected with a competing hospital. "Our workspace gives them an opportunity to start up in that market, at a fraction of what they'd pay to rent traditional office space," added Barker.

The rest of the Palm Coast building is reserved for Oaks' unique ownership model that provides tenants with a piece of the ownership pie without requiring upfront equity. The architect on the project Thomas Miller & Associates. M.J. Harris, Inc. is the contractor. Cornelia Manfre, Prudential Commercial Realty, is exclusive broker.

For leasing and ownership information regarding the Palm Coast medical office building, please contact Charlie Barker of Oaks Development Group at: 1-866-676-7453 or cbarker@oaksdevelopment.net.

About Oaks Development Group

Oaks Development Group, http://www.oaksdevelopment.net, is a private equity funded real estate investment group specializing in the acquisition, construction, conversion, restructuring and management of medical/professional properties to achieve a consistent long term and stable return for private investments. The Oaks model involves strategically sharing equity in transactions with individual tenants and equity partners. Oaks Development Group is headquartered in Cary, North Carolina, with additional offices in Wilmington, NC; Savannah, GA; Tampa, FL; and San Antonio, TX. For more information on Oaks projects, please call 1-866-780-5095 or visit www.oaksdevelopment.net for more information.

SOURCE Oaks Development Group


'/>"/>
SOURCE Oaks Development Group
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Cardium Announces Commercial Development of Excellagen(TM) a Customized Collagen-Based Topical Gel for Initial Use as an Adjunct to Surgical Debridement in Patients With Diabetic Foot Ulcers
2. InfoLogix Announces News Related to its Recent Corporate Development Initiatives
3. DIA 8th Annual Electronic Submissions Conference Addresses Current Developments in eCTD around the World
4. Tranziger Announces Formation of Global Advisory & Development Team
5. USC neuroscientists awarded $9 million to map gene expression during human brain development
6. Construction Begins on $50 Million Campus for Autism and Developmental Disability Life Quality
7. Interface Catheter Solutions Offers Standard and Custom Balloons for Balloon Catheter Development and Production
8. iTech Medical Provides Update on MPR Clinical Development Plan
9. MapleWorks' Video Application Development Technology Allows for High Level of Collaboration, Cooperation
10. Innovation and Global Clinical Trial Participation are the Focus of CenterWatch's Latest Special Report on China's Drug Development Industry
11. QRxPharma Announces Strategic Alliance with Liaoning Nuokang Medicines Co Ltd for the Development of Venomics Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... (PRWEB) , ... June 26, 2016 , ... Pixel Film ... Pro X. , "Film editors can give their videos a whole new perspective by ... Austin - CEO of Pixel Film Studios. , ProSlice Levels contains over 30 ...
(Date:6/25/2016)... , ... June 25, 2016 , ... ... policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, at ... on several important health care topics including advance care planning, healthcare costs and ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding ... of its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. ... James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether ... latter, setting the bar too high can result in disappointment, perhaps even self-loathing. However, ... their goal. , Research from PsychTests.com reveals that behind the tendency ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her son ... lash out at his family verbally and physically. , “When something upset him, he couldn’t ... would use it. He would throw rocks at my other children and say he was ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016  MedSource announced today ... its e-clinical software solution of choice.  This latest ... possible value to their clients by offering a ... preferred relationship establishes nowEDC as the EDC platform ... MedSource,s full-service clients.  "nowEDC has long been a ...
(Date:6/23/2016)... , June 23, 2016 Roche (SIX: RO, ... clearance for its Elecsys BRAHMS PCT (procalcitonin) assay as ... or septic shock. With this clearance, Roche is the ... fully integrated solution for sepsis risk assessment and management. ... bacterial infection and PCT levels in blood can aid ...
(Date:6/23/2016)... Calif. , June 23, 2016 ... CST on Thursday, July 7, 2016 , , , , ... ) , , , , EXPERT PANELISTS:  , , ... Naik; Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar ... The global pharmaceutical industry is witnessing an exceptional ...
Breaking Medicine Technology: