Navigation Links
Oaks Development Group Launches Physician Incubator Space in Palm Coast Medical Office Building

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

About Oaks Development Group

Oaks Development Group,, 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 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:
(Date:11/25/2015)... ... , ... Beddit® has launched a new Android app for use ... a more intuitive SleepScore™ that rates sleep quality on a 100-point scale and makes ... by a proprietary algorithm. Beddit analyzes the data to provide an easy to understand ...
(Date:11/25/2015)... , ... November 25, 2015 , ... ... provide scholarships for people struggling with eating disorders as a result of the ... second annual event, held at Fox Run Golf Club in Eureka, will help ...
(Date:11/25/2015)... ... 2015 , ... Many people know of the common symptoms of low thyroid ... skin. But many people who find their cholesterol levels and weight are creeping up ... especially if they don’t have any of the other symptoms. , Thyroid hormone plays ...
(Date:11/24/2015)... ... 2015 , ... Genesis Chiropractic Software helps practice owners automate ... between the practice owner and the patient that automatically manages all five aspects ... Click here to learn more. , According to Dr. Brian ...
(Date:11/24/2015)... Dallas, Texas (PRWEB) , ... November 24, 2015 , ... ... of all charitable donations are made in the last five weeks of the year ... #GivingTuesday was created in 2012 to connect the nation’s charities with those individuals who ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... 2015 Research and Markets ( ) ... - Global Forecast to 2020" report to their ... for 37.21% of the total market share in 2014. ... region is projected to growth at the highest CAGR ... primarily to the fast growing water, industrial gas treatment, ...
(Date:11/24/2015)... 25, 2015 WuXi PharmaTech (Cayman) Inc. ("WuXi" ... open-access R&D capability and technology platform company serving the ... China and the ... extraordinary general meeting of shareholders held today, the Company,s ... and approve the previously announced agreement and plan of ...
(Date:11/24/2015)... N.C. , Nov. 24, 2015  In the ... projects in an effort to quickly uncover new insights, ... --> --> However, ... a market research project and ensure that all rules ... and industry standards. Another major barrier to efficiently launching ...
Breaking Medicine Technology: