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Native Health Signs New Lease for 25,770 SF at 4041 Younan Central Plaza in Phoenix

 

Younan Properties, one of nation's leading Class A office building owners and managers in five U.S. markets, increased occupancy in its Phoenix office asset, and has improved average occupancy across the entire YPI portfolio by 120 BPS.

 

PHOENIX, April 23, 2013 --- Younan Properties, Inc., a privately-held, national real estate investment and management company, which owns office buildings in five major U.S. office markets announced that Native American Community Health Center, Inc. (NATIVE HEALTH) signed a new lease for 25,770 square feet at 4041 Central Plaza in downtown Phoenix. The agency is relocating its medical and dental primary care division and its administrative offices to accommodate its growth.

According to Walter Murillo, CEO of NATIVE HEALTH, the tenant space at Central Plaza met the agency's growing needs. "NATIVE HEALTH is excited about our new location at 4041 N. Central Ave, a Younan property. The custom designed facility will allow NATIVE HEALTH to meet the growing demand for integrated primary care. The central location is in the heart of the communities that we have traditionally served and our collaborators in providing care. NATIVE HEALTH looks forward to serving our community at 4041 N. Central and our new partnership with Younan Properties."

Corey Hawley of CBRE represented Younan Properties, and Dave Barrett and Chuck Nixon of CBRE represented NATIVE HEALTH in the transaction. Commenting on the new lease, Hawley said, "The central location of Central Plaza with its proximity to public transportation, combined with the building's amenities and functionality, make it the right choice for NATIVE HEALTH."

About Younan Properties
Younan Properties, Inc., is a privately held real estate investment and management company, specializing in acquiring and managing Class A office properties in strong growth markets throughout the United States including Dallas, Houston, Chicago, Los Angeles and Phoenix. The company is recognized for its detailed, hands-on approach to improving operational efficiencies while maintaining top building standards for tenants. Younan's fully-integrated real estate investment company offers in-house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing. www.younanproperties.com.

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