Baptist Memorial Healthcare - DeSoto
°µÍø½ûµØ, in partnership with Baptist Memorial Healthcare Corporation, is the developer of a new, 89,000 sq. ft. state-of-the-art on-campus medical office building (MOB) on Baptist’s DeSoto campus in Southaven, Mississippi.
The project, anchored by Baptist includes cancer care, urgent care, primary care and imaging. This multi-tenant building adds significant capacity to the DeSoto Hospital campus. °µÍø½ûµØ’s aggressive cost of capital, along with the flexibility to provide tenant and physician ownership, allows Baptist and third-party tenants the opportunity to participate in the upside value of the MOB, with limited downside risk.
The MOB broke ground in January of 2021 and opened in summer of 2022.
Client
Baptist Memorial Health
Location
Southaven, Mississippi
Southaven, Mississippi
°µÍø½ûµØ Role
Owner/Equity Developer
Owner/Equity Developer
Project Type
New Construction
New Construction
Project Size
89,000 sq ft
89,000 sq ft
Project Highlights
- °µÍø½ûµØ’s aggressive cost of capital, along with the flexibility to provide tenant and physician ownership, will allow Baptist and the third-party tenants the opportunity to participate in the upside value of the MOB, with limited downside risk. Ìý
- This project is the newest in the Baptist DeSoto’s health campus and will include cancer care, urgent care, primary care and imaging.Ìý
- As a multitenant site, this property will add significant capacity to the DeSoto Hospital campus to better serve the community of Southaven, MS Ìý