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McGuire Development acquires ownership stake in Northwoods Medical Center
November 3, 2014
McGuire Development Company, a local commercial development, real estate consulting and property management firm, today announced that it has acquired an 18% ownership stake in Northwoods Medical Center located at 3950 East Robinson Road in Amherst, NY.
The 50,000 sq.-ft. medical office facility houses a number of medical specialties under one roof creating a “one-stop medical campus” for patients. McGuire Development has been providing real estate services and property management at the facility and will continue to do so.
“We’re thrilled to have McGuire Development join our ownership team,” said Fredric Hirsch, M.D., of Northwoods, LLC. “Having worked with their real estate services and property management departments for the last three years, we know and value the team’s dedication to the property and our goals.”
Northwoods Medical Center is the latest addition to McGuire Development’s medical office portfolio, which includes 400 International Drive, 1800 Maple Road and Wehrle Professional Center in Williamsville, 4855 Camp Road in Hamburg, and Collier Health Park in Naples, Florida. McGuire Development is also affiliated with The McGuire Group, owner and operator of seven nursing and rehabilitation facilities in Western New York, Long Island and Michigan.
“We’re excited to become part of the Northwoods Medical Center ownership group,” said Jim Dentinger, president of McGuire Development. “Northwoods is one of the premier medical campuses in the region, and we look forward to providing the best possible experience for our tenants while continuing to improve the property.
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