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MBRE Healthcare Breaks Ground in Colorado Springs for New Orthopedic-Focused MOB for UCHealth

On October 1, 2020, the entire dedicated MBRE Healthcare team separated from MB Real Estate into a newly formed company, not a part of MB Real Estate, known as Remedy Medical Properties.

New 65,000 square foot outpatient facility will complement the adjacent Grandview Hospital, creating southern Colorado’s first full-service health campus concentrating on sports medicine and orthopedic care.

COLORADO SPRINGS, CO, and CHICAGO, Aug. 28, 2019 MBRE Healthcare, one of the nation’s largest private owners of healthcare properties, broke ground Aug. 21 for Grandview Medical Center, a 65,000 square foot medical office building (MOB) on the UCHealth medical campus in northern Colorado Springs.

Slated to open in late 2020, the new, three-story sports medicine and orthopedic-focused MOB at 5818 N. Nevada Ave. will be a critical part of the full-service health campus it will share with Grandview Hospital.

Grandview Medical Center will offer sports medicine-focused primary care, advanced orthopedics imaging, a physical therapy clinic, and a 7,500 square foot rehabilitation gym. In addition, the state-of-the-art treatment patients will receive will be bolstered by a strong research partnership with University of Colorado School of Medicine’s Department of Orthopedics.

“MBRE Healthcare is proud to help bring this incredible resource, one that provides such a critical service with sports medicine and orthopedic patients of all ages and stages in southern Colorado and the Pikes Peak region,” says President Peter Westmeyer. “It’s another example of the way MBRE Healthcare helps top providers like UCHealth to deliver outstanding healthcare services in quality settings.”

“The addition of the Grandview Medical Center will enable our patients to receive a coordinated, patient-centric experience at a single location that includes primary and specialty care, advanced imaging capabilities, and therapy services,” says Andrew Ritchie, chief administrative officer for Grandview Hospital.

“We are also opening an imaging center that will have the latest capabilities, including DEXA scans that measure bone health and bone density,” Mr. Ritchie continues. “The center also will have a weight-bearing CT machine, a relatively new technology that is important for diagnosing foot and ankle concerns.”

The 22-bed Grandview Hospital, which was also developed by MBRE Healthcare for UCHealth, was warmly welcomed by the community when it opened in late 2016 and patient volumes have far exceeded expectations. The hospital and the site of the future Grandview Medical Center offer convenient access to U.S. Interstate 25 and are in close proximity to the University of Colorado—Colorado Springs (UCCS) campus and University Village Shopping Center. Additionally, as the Grandview name implies, the campus affords beautiful views of majestic Pikes Peak.

Grandview Medical Center is being developed and will be owned by Chicago-based MBRE Healthcare, and will be leased and operated by UCHealth. The project development team also includes BSA LifeStructures architects, Drexel Barrell & Co. engineers, and Hensel Phelps general contractors.

About Remedy Medical Properties

Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with over 30 million square feet and 25 offices spanning 43 states. Remedy offers healthcare providers unmatched flexibility in every client engagement, and our adaptability enables us to provide more options in ownership, development, leasing, management, and strategy to healthcare providers. Our willingness to commit capital, share more risk, and offer greater foresight results in greater resilience, profitability, and peace of mind for our clients.

About UCHealth

UCHealth is an innovative, nonprofit health system that delivers the highest-quality medical care with an excellent patient experience. With 24,000 employees, UCHealth includes 12 acute-care full-service hospitals and hundreds of physicians across Colorado, southern Wyoming, and western Nebraska. With University of Colorado Hospital on the Anschutz Medical Campus as its academic anchor and the only adult academic medical center in the region, UCHealth is dedicated to providing unmatched patient care in the Rocky Mountain West. With more than 150 clinic locations, UCHealth pushes the boundaries of medicine, providing advanced treatments and clinical trials and improving health through innovation.