Woodside Health acquires Paradise Valley Plaza, its 14th transaction of the year.
Cleveland, OH and Phoenix, AZ, (November 12, 2024) – Woodside Health is excited to announce the acquisition of Paradise Valley Plaza located on 5010, 5020, 5040 East Shea Boulevard. This marks the company’s 61st acquisition and its 14th property in the Phoenix metropolitan area.
The property is strategically located at the high-traffic intersection of Tatum Boulevard and Shea Boulevard, serving the affluent community of Paradise Valley. Notably, the nearby Paradise Valley Mall redevelopment project will include a $2 billion investment over a 100-acre site and provide a revitalized lifestyle center for the community.
“We were drawn to Paradise Valley Plaza due to its strong location demographics and the synergistic mix of medical and office tenants,” said Ben Barr, Principal of Woodside Health. “We’re excited to expand our presence in Phoenix and look forward to providing exceptional service to our tenants – many of whom live near the property.”
Woodside Health continues to be an active investor in the medical office building sector throughout the USA. Prospective acquisitions are often submitted by owners and brokers through the Woodside Health website.