Business News

60,000 Square-Foot Medical Office Building Breaks Ground

August 30, 2012

Published in Opportunities, a quarterly real estate to research newsletter of the NC Research Campus

August  30, 2012

 

Heavy equipment rolled onto the NCRC breaking the ground for the construction of a new medical office building. The 60,000-square-foot building along with the Cabarrus Health Alliance headquarters, which opened earlier this year, anchors the campus’ medical corridor.

The Charlotte Mecklenburg Hospital Authority, the parent organization of Carolinas Healthcare System, is the main tenant. They have leased 30,000-square-feet of the building for primary- and specialty-care practices and an imaging center, all tied to CMC-Northeast Concord. The remaining 30,000 square-feet is being actively marketed.

“Due to the economy, there hasn’t been any new construction in a couple of years,” said Lynne Scott Safrit, NCRC president, in a television interview. “It is very important for us to have a clinical partner here on campus so we can take a lot of the research that occurs on the campus and actually translate that in a way that will help the community.”

The new space in the medical office building adds to the  200,000 square feet of Class A wet lab and office space that is available to lease. Build-to-suit opportunities are available on campus and in the neighboring downtown village. The NCRC has over 850,000 square feet of wet lab and office space, more than most research campuses, built out in the David H. Murdock Core Laboratory building, the NC State Plants for Human Health Institute, the UNC Nutrition Research Institute, the Rowan-Cabarrus Biotechnology Training Center and the LabCorp Biorepository.

For more information, e-mail partner@ncresearchcampus.net.

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