The Cirrus Group Acquires Plano Pediatric Medical Pavilion
Posted on: Tuesday, 13 June 2006, 15:00 CDT
The Cirrus Group is proud to announce the acquisition of Plano Pediatric Medical Pavilion. Plano Pediatric Medical Pavilion is a multi-specialty pediatric medical office complex that currently houses a surgical center, a diagnostic imaging center, an urgent care center, and other physician practices focused entirely on pediatric care.
"The acquisition of Plano Pediatric Medical Pavilion continues to strengthen our presence in the medical real estate community and further our healthcare model," stated Jason Dodd, executive vice president and partner of The Cirrus Group. "We look forward to working with the pediatric physicians and tenants to reposition this pre-eminent facility to continue serving the pediatric needs of the North Texas community."
Completed in 2005, Plano Pediatric Medical Pavilion is a two-story, 82,000 square foot, Class A medical office building. Located at 7000 West Plano Parkway, near the Dallas Tollway, Plano Pediatric Medical Pavilion is an independent medical facility and is not associated with any specific area hospital, although has tenancy from Plano Presbyterian. The Cirrus Group is currently making multiple improvements to the facility to enhance its appeal to patients, including the addition of "kid-friendly" play areas that will differentiate this facility from medical offices without a pediatric focus.
"The Cirrus Group is unique in their ability to understand and work with physicians. They understand the medical community and their real estate and development needs," said Candace Grantham, administrator of The Center for Pediatric Surgery. "The Cirrus Group has the experience to assist Plano Pediatric Medical Pavilion in adding relevant pediatric care services to serve the north Dallas suburbs well into the future," added Dr. Gary Gerlacher, owner of A-Cute Kids Urgent Care.
Leasing contracts for physicians are available in 5 to 11 year terms and investment opportunities are available for tenants. For more information regarding Plano Pediatric Medical Pavilion or The Cirrus Group, please contact Brian White at (214) 953-1722.
About The Cirrus Group, L.L.C.
The Cirrus Group, L.L.C., is a full-service healthcare real estate development company specializing in the delivery of customized real estate property within which state-of-the-art medical services are performed. Dallas-based, The Cirrus Group provides comprehensive real estate development programs designed to produce results consistent with the expectations of our clients. For more information visit www.thecirrusgroup.com.
Source: Business Wire
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