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5/16/16
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DaVita | HealthCare Partners will occupy and operate a new, 57k sf medical office facility in the growing Nevada town of Pahrump, when it opens next year. The project is being constructed on a 7.26-acre land site that Thousandaire Inc sold to Dakem & Associates for $885k.
Dakem was selected through a competitive bid process as the developer for the building. The firm is a preferred developer for DaVita, having delivered dozens of facilities in Southern Nevada over the last 16 years.
DaVita executed a long-term lease with the property owner. Terms of the lease could not be disclosed, although we’ve been told that the deal was valued in the tens of millions of dollars. Hayim Mizrachi, CCIM, Jarrad Katz, SIOR, CCIM, and Galit Kimerling of MDL Group facilitated the transaction between the land owner, developer and tenant.
According to U.S. Census data, Pahrump’s population has increased 47.9 percent since 2000. The most recent population survey was in 2010 when the town had 36,441 people. It has grown every year since then, Mizrachi said.
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