REAL ESTATE NEWS

November 21st, 2006

Innovative Office Development Helps Doctors Customize Their Practice

The demand for medical office space in Gilbert has been greatly fueled by the opening of CHW Mercy Gilbert Medical Center this past summer. In response to this demand UTAZ Development Corporation announced today 30,000 square foot distinctive and innovative medical office buildings to be developed adjacent to the new hospital.“This development is designed specifically for doctors who need to be within walking distance to Mercy Gilbert Medical Center and who desire not only to customize their office to meet the needs of their patients but to be in a medical office building that embodies their reputation and expertise.” said Craig Willett, president and CEO of UTAZ Development. “Our innovative approach, coupled with our ten distinct elements, provides our customers the opportunity to invest directly in the future of their business and supplement their retirement by owning rather than just leasing. They significantly increase their asset base by taking dollars that would have normally been paid to a landlord.”

Dr. Dale Guthrie of Gilbert Pediatrics says “I like the UTAZ Professional Village so much that I actually got out of my lease early. No more landlords. No upfront payments and security deposits – no more hassle factor.” Mercy Point Medical Center will consist of three 10,000 square foot single-story buildings to be located on the southeast corner of Val Vista Drive and Melrose Street just south of CHW Mercy Gilbert Medical Center, which opened this June. Mercy Point Medical Center office suites vary in size from 2,500 to 10,000 square feet and are available for purchase now with groundbreaking 1st Quarter of 2007. To find out more, call UTAZ office specialists at (480) 776-3500.

UTAZ Development Corporation currently has 33 UTAZ Professional Village locations throughout the Southeast Valley totaling almost 2,000,000 square feet of office space. UTAZ is the largest owner-occupied commercial developer in Arizona.

For Sales Information Contact:
Terri Tobey at 480-776-3500
or 480-544-5865 mobile