Paradise Valley Medical Office Building

About The Project

Paradise Valley Medical Plaza is a premier Class A medical office building located on the campus of Paradise Valley Hospital at 3805 East Bell Road in Phoenix. Spanning five stories and 104,213 square feet on a two-acre site, the building has become a landmark within one of the most competitive healthcare real estate markets in the city.

At the heart of the project’s success was Plaza Companies’ ability to structure an innovative physician investment program that attracted numerous physician tenants, many of whom became long-term anchors. Plaza also facilitated a collaborative joint venture and shared improvement agreement with other stakeholders on campus, ensuring that the building was tightly integrated into the broader hospital ecosystem. The Plaza team worked closely with Paradise Valley Hospital leadership during renovation and expansion of the hospital to ensure the building’s design complemented the adjacent medical facilities and enhanced the overall aesthetic and function of the campus.

Paradise Valley Medical Plaza has consistently outperformed the local market. With significantly higher lease-occupancy rates than nearby properties, the building continues to attract and retain high-caliber medical tenants thanks to its strategic location, thoughtful design, and professional management.

Tenants report a strong sense of pride and satisfaction, citing the building’s accessibility, modern finishes, and patient-friendly layout. Today, Paradise Valley Medical Plaza is regarded as a premier medical office facility in the region, serving as a key component of the hospital’s long-term strategy and as a model for successful healthcare real estate development in high-demand urban markets.