Project Accomplishments

Lakeside Family Physicians was seeking a partner to create a medical complex in Cornelius, North Carolina that would serve the community with a wide offering of medical services. The group partnered with MPV Properties predecessor, Merrifield Patrick Vermillion, in a 50/50 joint venture to develop the project totaling 45,000 square feet on 5 acres. In the course of the project, the following was accomplished:

  • Identified and rezoned the site
  • Obtained financing
  • Developed the two building complex
  • Negotiated a master lease with Novant Medical Group for 30,000 square feet
  • The project was delivered on time and within budget

The buildings are leased to various medical practices, including family medicine, imaging, orthopedics, heart and wellness, asthma and allergy, and Berkeley HeartLab.