Scottsdale developer moves into new segment with Pinal project

Originally Published: Phoenix Business Journal

Scottsdale-base SimonCRE has bought 2.4 acres of land in Pinal County for development of a new Sun Life Family Health Center.

Josh Simon’s development firm has mostly specialized in infill and retail projects but is now moving into medical space.

The land is located near downtown Florence. Simon bought the land from Rialto Capital for $300,000. The 12,182-square-foot project is already under construction.

The new Sun Life center will replace and older one also in Florence.

“We are proud to work with Sun Life on a facility that will provide improved quality of care within the community” Simon said. “Healthcare is a growing part of our economy and this development will really be an asset to the community. It’s exciting and rewarding to watch our relationship with Sun Life grow into something that will benefit the area’s residents and strengthen the standard of healthcare in the town of Florence.”

The Pinal center is slated open in the third quarter.

“Moving our family practice to a new, larger building with a drive-thru pharmacy open to the public allows us to meet the growing healthcare needs in the Florence community,” said Travis Robinette, Sun Life’s CEO.

Ed Beeh and Brad Balbo of SRS Real Estate Partners helped broker the deal.