ORION Investment Real Estate is pleased to announce that Sonora Quest Laboratories has signed a lease for 3,854 rentable square feet (Suite 103, Building 4) at Terraza Medical Village, further expanding the healthcare provider lineup at one of Arizona’s newest Class A medical office developments.
Representing the landlord, Michael Douglas and Mary Nollenberger of ORION Investment Real Estate negotiated the transaction, which marks the fourth executed lease at Terraza Medical Village as leasing momentum continues to accelerate.
Located on a 12-acre master-planned medical campus just minutes from Banner Ironwood Medical Center, Terraza Medical Village is strategically positioned to meet the growing demand for modern outpatient healthcare facilities in San Tan Valley, one of the fastest-growing communities in the Southeast Valley.
Sonora Quest Laboratories, Arizona’s leading provider of diagnostic testing services, will further enhance the campus by providing convenient laboratory services for patients and neighboring healthcare providers, creating additional value for physicians practicing within the development.
“The addition of Sonora Quest Laboratories is another important milestone for Terraza Medical Village,” said Michael Douglas, Vice President at ORION Investment Real Estate. “Diagnostic laboratory services are a critical component of any successful medical campus. Bringing Sonora Quest to Terraza Medical Village not only strengthens the tenant mix but also creates greater convenience for physicians and patients alike. This fourth lease demonstrates the strong demand we’re seeing from healthcare providers looking to establish a presence in one of Arizona’s fastest-growing healthcare markets.”
Purpose-built for healthcare, Terraza Medical Village offers physicians, specialists, imaging providers, outpatient surgery centers, laboratories, and other healthcare organizations the opportunity to establish their practices within a professionally designed Class A medical office campus. The development is positioned to serve the rapidly expanding population throughout San Tan Valley and the greater Southeast Valley, where residential growth continues to drive increasing demand for accessible healthcare services.
With four leases now completed, Terraza Medical Village continues to attract premier healthcare providers seeking modern facilities, excellent visibility, and proximity to one of the region’s major hospital systems.
Leasing opportunities remain available for medical practices and healthcare organizations looking to expand into this dynamic and underserved market.
About Terraza Medical Village
Terraza Medical Village is a 12-acre, master-planned Class A medical office campus located in San Tan Valley, Arizona, just minutes from Banner Ironwood Medical Center. Designed exclusively for healthcare providers, the campus offers modern medical office space within one of the fastest-growing residential and healthcare markets in the Phoenix metropolitan area.
For leasing information, visit: www.TerrazaMedicalVillage.com
About ORION Investment Real Estate
ORION Investment Real Estate specializes in healthcare real estate throughout Arizona, representing developers, landlords, investors, and healthcare providers in medical office leasing, investment sales, acquisitions, and development advisory services.
Michael Douglas and Mary Nollenberger serve as the exclusive leasing representatives for Terraza Medical Village and continue to assist healthcare providers in identifying strategic opportunities throughout the Greater Phoenix market.
To learn more, visit: www.InvestingInCRE.com
