The multi-campus Elevation Church sought to expand to a location in Concord. After an extensive search, MPV identified a 200,000 square foot, former Kmart facility offering ample parking. MPV accomplished the following
- Identified and rezoned site
- Constructed a 30,000 square foot multi-tenant “Class A” medical office building (MOB) in response to anchor tenant need in submarket
- Set up a physician ownership partnership structure in response to physician desire to participate in ownership of development
- Delivered project on time and within budget
Result: MPV partnered with Elevation Church to redevelop the site into a multi-tenant facility, with Elevation filling the anchor lease.