Case Studies
Institute for Mental Health Research
-
1415 N. 1st St.
Phoenix , AZ 85004
- Real Estate Type: Medical
- Square Feet: +/- 7,540
Project Overview
- Identify medical office building within tight geographical area with close access to public transit and ownership willing to consider Mental Health use.
Challenge
- Finding options willing to allow the use.
- Extensive TI’s needed for use specific programming.
- Extensive review and approvals needed from nonprofit board members
Solution
- Identified stand alone building options to solve use issue.
- Identified options that had prolonged vacancy periods where owners needed to make a deal.
Results
- Found option that had true campus feel.
- Building needed extensive work anyway so negotiated large LL TI contribution.
