Remedy Medical Properties and Heart & Vascular Partners Break Ground on MOB in Colorado Springs

The 35,000-square-foot medical office building and ambulatory surgery center will feature the area’s first standalone catheterization lab.

A partnership of Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, and Heart & Vascular Partners (HVP) broke ground November 18 for a new 35,000-square-foot medical office building (MOB) and ambulatory surgery center (ASC) in the fast-growing InterQuest commercial district on Colorado Springs’ north side.

Remedy Medical Properties and Heart & Vascular Partners Break Ground on MOB in Colorado Springs

The new two-story building is located at 10600 White Diamond Point, less than a five-minute drive from two area hospitals. Colorado Springs Cardiology will be the tenant and operator upon completion, which is slated for November 2025.

“Remedy is excited to work with Heart & Vascular Partners to support their growing partnership with Colorado Springs Cardiology,” said Remedy founder Peter Westmeyer. “We have enjoyed a long-term relationship with HVP, including tenancies in Colorado Springs and Oklahoma City, and are honored to be a part of their plan to expand cardiology care options in the region.”

The new build-to-suit facility will feature a 17,500-square-foot ASC on the first floor, as well as the first standalone catheterization laboratory in Colorado Springs, with two cath labs and expansion space to add one more. The second floor will house a clinic, imaging services and offices. The 3.11-acre site will include 161 parking spaces.

The project development team includes architect E4H Environments for Health and contractor Flintco Construction.


About Remedy Medical Properties: Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of medical properties in the country, with over 33 million square feet and 25 offices spanning 44 states. For healthcare decision-makers wanting to maximize the value of their real estate while enhancing their ability to adapt, Remedy offers unmatched flexibility and resources in ownership, development, leasing, management, and strategy. Our willingness to commit capital, share more risk, and offer greater foresight increases your resilience, profitability, and peace of mind. For more information visit www.RemedyMed.com.

About Kayne Anderson Real Estate: Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $16.8 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson, a $36 billion alternative investment management firm with more than 40 years of successful experience across real estate, infrastructure, energy, and credit. For more information, visit www.kayneanderson.com/real-estate/. (As of September 30, 2024)

About Heart & Vascular Partners: Heart & Vascular Partners LLC, headquartered in Deerfield, IL, is currently partnered with several leading cardiology practices across the country, including partnerships in the Midwest, Southwest, and Mountain West regions. To learn more about HVP, visit www.HeartandVascularPartners.com.