NEWTOWN, PA — Mediplex Property Group has unveiled its latest project, Mediplex Newtown. This state-of-the-art outpatient healthcare center, entirely leased by the internationally acclaimed Rothman Orthopaedic Institute, marks a new chapter in Mediplex’s growing portfolio of healthcare-focused real estate.
Located in the prestigious Newtown Business Commons, the new facility replaces Rothman Orthopaedics’ previous Newtown location. The strategically situated property lies near the interchange of I-295 and the Newtown Bypass (PA Route 332), offering easy access for patients from the surrounding regions.
Mediplex has transformed the single-story, 12,800-square-foot former industrial building into a modern healthcare hub. The outpatient center houses 16 exam rooms, two X-Ray rooms, an orthotics room, and dedicated spaces for physical, occupational, and hand therapies. It also offers five specialties, including joint replacement, sports medicine, foot and ankle, hand and wrist, and physical medicine and rehabilitation.
The larger footprint allows Rothman Orthopaedics to expand its services and offer walk-in options, providing immediate access to patients without the need for appointments. With ample parking and modernized facilities, the center is well-positioned to efficiently treat clinical and physical therapy patients for years to come.
“We are thrilled about the continued growth of Rothman Orthopaedic Institute in Newtown,” said Alexander R. Vaccaro, President of Rothman Orthopaedic Institute. “Our larger and more convenient location exemplifies our commitment to create a world-class comprehensive orthopedic service line.”
The opening of Mediplex Newtown is indicative of a broader trend in the real estate industry: the increasing demand for specialized healthcare facilities. As healthcare providers aim to deliver more personalized and accessible care, the role of real estate in shaping the patient experience is becoming increasingly significant.
This trend has implications for commercial real estate investors and developers who are now diversifying their portfolios to include healthcare properties. These assets offer steady returns, given the healthcare sector’s resilience even in economic downturns. Furthermore, they fulfill an essential community need, making them attractive from a social impact perspective.
Mediplex Newtown highlights this trend and the potential it holds for the real estate industry. The project was designed by Linn Architects and Kimmerle Group, built by Axis Construction Management, and financed by OceanFirst Bank. Cresa’s Jonathan Marks and Michael Doetsch represented Rothman in the transaction, while Jim Pirot of Cresa facilitated project management services.
The new facility underscores Mediplex Property Group’s commitment to growing its healthcare real estate portfolio while meeting the evolving needs of medical providers and patients alike. It’s a signal that the intersection of healthcare and real estate is not just the future—it’s here, and it’s thriving.
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