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Avison Young awarded exclusive leasing agreement for multi-tenant medical office campus in Howell, MichiganOctober 3, 2022
The firm will spearhead leasing efforts for Howell Health HubDetroit, MI – Avison Young announced today it has been appointed as the exclusive leasing agent for the 108,231-square-foot (sf) office building at 645 W Grand River in Howell, Michigan. The three-story building is newly named Howell Health Hub.
The Avison Young agency leasing is led by Jacob Zammit, based in the firm’s Detroit office. Zammit will handle leasing efforts on behalf of building ownership, Acquira Realty Holdings, who purchased the building in April 2021.
The property was formerly home to Citizens Insurance and is now undergoing extensive renovations to convert the property from a single tenant office building to a multi-tenant medical office campus. More than $3 million dollars in reconstruction costs were committed to-date, with additional committed capital to fit-out the interior for tenant improvements based on the new tenant’s needs. External façade, atrium, and mechanical improvements began in early August to modernize the building. In addition, the new owner will be delivering a “spec suite” allowing tenants to see the new vision of the building and select their preferred finishes. The property’s critical infrastructure and excess power feed provide a myriad of specialty uses including, surgical, imaging and lab services.
“This building offers: uninhibited flexibility and opportunity for growth for medical practices in the Livingston County area,” said Zammit. “The 64 and older age demographic accounts for the largest proportion of residents in the county, trailed only slightly by the 50-59-year-old demographic. The aging population is growing in Livingston County and medical accommodations are needed to service these patients.”
Avison Young will execute a targeted medical tenant outreach strategy and leverage relationships within area wide hospital systems for practices looking to gain entry to Livingston County’s medical market. The team will also directly engage real estate personnel across the major local hospital systems to ensure the site remains top of mind as new initiatives and acquisitions arise. The property is near Trinity Health Livingston and Downtown Howell with food, shopping, and entertainment within less than a mile of walking distance.
“The goal of Howell Health Hub is to provide a myriad of accessible services within a robust network of medical professionals fully aligned to solve patients’ individualized needs,” said Joseph Schimizzi of Acquira Holdings. “Avison Young has completed transactions and maintained strong relationships with nearly all major healthcare networks in Michigan which was a defining factor in our decision to appoint them as exclusive leasing agent for the Howell Health Hub.”
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.
For more information:
- Download photos: https://howellhealthhub.com/
- Jéntill Neal, Media Relations Specialist, Central Region: +1.312.796.0380
- Jacob Zammit, Occupier Solutions Specialist, Detroit: +1.313.209.4118