(Holly Springs, N.C. and Indianapolis, Ind. –Oct. 5, 2016) The first collaboration between Duke Realty and UNC REX Healthcare brought convenient, high-quality healthcare services to the citizens of Holly Springs and southern Wake County, N.C., in the form of a two-story, 30,370-square-foot medical office building (MOB) that opened in December 2011. Now the Indianapolis-based commercial real estate firm and the Raleigh, N.C.-based health system are enhancing healthcare services in the fast-growing market with a 45,000-square-foot expansion of the existing MOB.
The three-story expansion, located at 617 Avent Ferry Road on the UNC REX Healthcare of Holly Springs campus, will be attached to the existing MOB with a three-story glass atrium.
Like the current facility, Duke Realty will develop, finance, own and manage the new space, which will be 100 percent leased by UNC REX. The project, which will more than double the size of the facility, is expected to be completed in December 2017. UNC REX also plans to build a new 50-bed community hospital on the Holly Springs campus beginning next year.
The expansion is needed to meet increasing demand for new medical services in the region, driven by a fast-growing and aging population, said Tommy Williams, Vice President of Ambulatory Services for UNC REX.
“The Raleigh-Durham-Chapel Hill Region is one of the fastest-growing areas in the country, resulting in a tremendous need for new healthcare services, especially in southwestern Wake County,” said Williams. “The expansion will enable us to provide local residents with even more medical specialties as well as greater access and convenience, without the need to travel long distances for important care.”
UNC REX’s Holly Springs campus is home to REX Express Care of Holly Springs, REX Surgical Specialists, REX Vascular Specialists, REX Primary Care, REX Pediatrics, laboratory and radiology, UNC Ophthalmology, N.C. Heart & Vascular and more.
“When we developed the original facility five years ago, UNC REX was already planning for additional growth on the site,” said Keith Konkoli, Duke Realty Executive Vice President, Healthcare. “We are pleased to again work with this healthcare leader to deliver the highest quality medical facility that will meet the needs of local residents.”
The architect for the new MOB is Raleigh office of BSA LifeStructures, and the general contractor is Brasfield & Gorrie, which is headquartered in Birmingham, Ala.
About UNC REX Healthcare
UNC REX Healthcare, a member of UNC Health Care, is a private, not-for-profit health care system with more than 6,000 co-workers. UNC REX has 660 beds (433 general acute beds and 227 skilled nursing) and treats nearly 34,000 inpatients each year. UNC REX offers dedicated centers for cancer, surgery, heart and vascular, post-acute rehabilitation and skilled nursing care, wellness and women’s care plus dedicated services for bariatric, heartburn, pain management, sleep disorders, diabetes education, wound and emergency care. UNC REX’s medical staff includes more than 1,100 physicians and 1,700 nurses. UNC REX provides various health care services throughout Wake County with facilities in Apex, Cary, Garner, Holly Springs, Knightdale, Wakefield and downtown Raleigh. UNC REX was the only urban hospital in North Carolina on Leapfrog’s 2015 list of the nation’s top hospitals. Visit rexhealth.com for more information.
About Duke Realty
Duke Realty is a national commercial real estate company specializing in the ownership, management and development of medical office properties, complemented by a large portfolio of industrial assets. Duke Realty (NYSE:DRE) owns, maintains an interest in or has under development 137 million square feet of space in more than 21 top-tier markets nationwide.
The healthcare segment of Duke Realty’s portfolio totals more than 6.5 million square feet, and includes properties ranging from medical office buildings to rehabilitation facilities and from ambulatory care centers with diagnostics, oncology and surgery services to one of the nation’s largest cancer centers. Duke Realty also has on-staff a team of healthcare professionals who are well-versed in the unique demands of medical providers and have proven experience in providing hospitals and physician groups comprehensive planning, development, ownership and facility management services. More information about Duke Realty’s healthcare real estate capabilities is available at www.dukerealty.com/healthcare. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.
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