NexCore Group was selected as the recipient of the 2022 Healthcare Real Estate Insights™ (HREI) 2022 Insights Award for Best New Medical Office Buildings and Other Outpatient Facilities (100,000 square feet or more). The Denver-based healthcare, life sciences, and senior living real estate developer accepted this national award on March 1, 2023, at the Revista Medical Real Estate Investment Forum in Bonita Springs, Florida.
Established in 2013, the HREI Insights Awards™ is the first and only national award dedicated to recognizing excellence in healthcare real estate development and leadership. With the addition of the 2022 Insights award, NexCore’s projects and professionals have now been named Finalists 24 times and Winners seven times.
NexCore received the 2022 HREI Insights award for their Doctors’ Pavilion at HCA North Cypress Campus development, a four-story, multispecialty physician office building spanning 112,505 square feet. This state-of-the-art healthcare facility was developed as a real estate joint venture between NexCore and physicians in the Houston area; NexCore’s collaborative development approach with HCA Healthcare and physicians provided a partnership that focused on patients’ quality of care while also aligning the interests of the physicians who wanted to have genuine ownership of the real estate alongside NexCore.
“On-campus healthcare real estate is complex and there are many stakeholders,” said Jim Hartmann, Senior Vice President of NexCore Group. “Our entrepreneurial approach in customizing a real estate ownership structure that meets the expectations of our physician investors is truly a win-win for the hospital, physicians, and our investment in these projects.”
Located just outside Houston, the Doctors’ Pavilion at HCA North Cypress Campus is a comprehensive healthcare destination that includes physician office space and an outpatient ambulatory surgery center. This coordinated care model improves the efficiency, quality, and convenience of care in one facility.
NexCore Group has demonstrated long-standing success and industry expertise in healthcare real estate development. Todd Varney, Chief Development Officer of NexCore Group said, “NexCore is thrilled to accept this award and remains committed to providing state-of-the-art developments to enhance outcomes for everyone involved. Congrats to our team, our physician partners, and HCA for making this possible.”