Plaza Companies Expands Phoenix Medical Office Property Management Portfolio with Addition of 337 E. Coronado

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PHOENIX (June 15, 2021) — Plaza Companies has been selected to provide property management services for 337 E. Coronado, a 17,979-square-foot medical office building in central Phoenix.

 The addition expands Plaza’s property management portfolio in the midtown Phoenix area, as the company’s overall management portfolio now exceeds 4.3 million square feet. The property is owned by Morelli Revocable Trust, LLC.

Key tenants in the building include Southwest Kidney-Davita Dialysis Partners, LLC and Recovia, LLC. The two-story building was completed in 2006 and is in close proximity to Banner University Medical Center, St Joseph’s Hospital, Phoenix Children’s Hospital and Arizona Heart Hospital. Plaza Companies already provides brokerage services for the property as well.

“We are pleased to expand our property management portfolio and to now be able to provide a full spectrum of services for this property,” said Plaza Companies Senior Vice President of Property and Facilities Management Peggy Maxwell. “Our presence in central Phoenix continues to grow as the momentum in the medical office sector continues to grow in this area of the community.”

The 337 E. Coronado building also enjoys close proximity to Interstate 10 and the 51 Freeway, and is walking distance to light rail and bus transportation.

 Plaza Companies currently has about 12 million square feet in its property portfolio, including numerous high-profile projects including SkySong, The ASU Scottsdale Innovation Center, Park Central, and the TGen Building, among others.

Plaza Companies, based in Peoria, Arizona, is an esteemed leader in the developing and managing of medical office and commercial office properties, technology and bioscience facilities, mixed-use properties and senior housing communities. Since its founding in 1982, this full-service, specialized real estate firm has established a proud portfolio stretching across the greater Phoenix area valued at more than $1 billion. For more information about Plaza Companies, visit ThePlazaCo.com.

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