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:4/28/2017)... ... April 28, 2017 , ... Beginning in 2017, Ridgecrest Herbals will be phasing ... the popular ClearLungs Extra Strength formula. To ensure that the effectiveness of Clear Lungs ... ways:, , Removal of the homeopathic element , ...
(Date:4/28/2017)... New York, NY (PRWEB) , ... April 28, ... ... Shiel Medical Laboratory to expanded distribution of the GlycoMark test throughout the Northeast ... indicates recent hyperglycemia in patients with diabetes. The GlycoMark test provides a clinically ...
(Date:4/28/2017)... Fairfax, VA (PRWEB) , ... April 28, 2017 , ... ... elected volunteer board members and officers for 2017-2018. The annual board election process has ... serving on a volunteer basis. , Thomas C. Dickerson, Ed.D., FACHE, succeeds Jim Hamilton, ...
(Date:4/28/2017)... ... ... The Texas Cord Blood Bank (TCBB), a program of nonprofit biomedical organization GenCure, ... at Renaissance in Edinburg for their outstanding efforts in collecting umbilical cord blood donations ... , “Women’s Hospital at Renaissance has been a collection partner for the TCBB since ...
(Date:4/28/2017)... ... April 28, 2017 , ... People are starting to accept that hearing aids ... doesn’t have the stigma it had when great-grandpa wore his hearing aids years ago,” ... a NALA North American Speaker Series (NASS) segment. “He probably wore an ...
Breaking Medicine News(10 mins):
(Date:4/25/2017)... April 25, 2017 Endo International plc (NASDAQ: ... 2017. Members of its senior management team will host a conference ... a.m. ET. The dial-in number to access the ... 509-7598, and the passcode is 6086379. Please dial in 10 minutes ... A replay of the call will be available from May ...
(Date:4/24/2017)... England , April 24, 2017 ... development, today announced the addition of a major ... ,Validated In-situ Plate Seeding,). The VIPS has been ... and 384 well microplates as part of the ... system offers a simple and more reliable solution ...
(Date:4/20/2017)... 20, 2017  Cogentix Medical, Inc. (NASDAQ: CGNT), ... the Urology, Uro/Gyn and Gynecology markets with innovative ... has joined the Company as Senior Vice President, ... position, Mr. Keswani will report directly to ... "Our organization is delighted that Ash has joined ...
Breaking Medicine Technology: