SVN | J. BEARD FACILITATES A MEDICAL OFFICE LEASE IN SHENANDOAH, TX.
SVN | J. Beard Real Estate recently facilitated a 16,390-square-foot medical office lease with American Oncology Network (AON) at the now 75 percent occupied Physicians Centre at Vision Park, located at 18354 I-45 South, Shenandoah, Texas.
Developed in 2023 by i3, the Physicians Centre at Vision Park is comprised of approximately 48,000 square feet of Class-A medical space. Physicians Center provides easy access for physicians and patients alike due to its close proximity to all major hospital systems in The Woodlands area.
SVN | J. Beard Real Estate represented the owner, i3, and the tenant, American Oncology Network, represented their own interests in the signing of this ten-year lease. As recent affiliates of AON, Woodlands Cancer Institute will occupy a 6,395-square-foot suite on the first floor and an additional 9,995 square feet on the second, totaling 16,390 square feet.
“We are pleased to announce the significant lease by AON and their affiliates Woodlands Cancer Institute at the Physicians Centre at Vision Park,” said Jeff Beard, Managing Director at SVN | J. Beard Real Estate. “The demand for leasing among the Vision Park corridor remains robust given its proximity to several local hospitals, surgery centers, and health clinics nearby.”
American Oncology Network (AON) is an alliance of physicians and seasoned healthcare leaders partnering to ensure the long-term success of community oncology at multiple care sites across the country. With additional resources and support from AON, Woodlands Cancer Institute will continue to provide treatment in the Woodlands Community for patients diagnosed with all types of cancer and blood disorders.
“i3 is excited with the execution of the AON lease at The Physicians Centre at Vision Park and we look forward to a growing relationship with AON and meeting their expansion needs in the future at this property,” stated Doug Demiano, i3 Chief Financial & Operating Officer.
About SVN | J. Beard Real Estate – Greater Houston
SVN | J. Beard Real Estate – Greater Houston is an independently owned and operated SVN® office located in The Woodlands, Texas. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 2,000 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsized value for all stakeholders. For more information, visit www.jbeardcompany.com.
About i3
i3 is a full-service commercial real estate firm focused on the acquisition and development of investment grade assets in primary and secondary markets across the southern United States. Founded in 2014, total capitalization of projects that have been completed, are under construction, or are in predevelopment exceed $600 million in Texas, Arizona, Louisiana, Alabama, and Florida. Though based in Houston, i3 strives to maintain a disciplined approach to identifying and aggregating a yield-based portfolio that is diversified geographically across multiple product sectors. For more information, please go to www.i3interests.com.
Liz Grimm Public Relations
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Liz Grimm Liz Grimm Public Relations
- May 28, 2024
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