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Philip Wurth & Alexandra Loye

Strategic healthcare real estate advisors

Wurth-Loye Healthcare Real Estate Team

+1 602 222 5000 | Phoenix, Arizona

Contact us for your healthcare real estate needs

Healthcare, life sciences & seniors housing real estate services

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Industry leaders in healthcare real estate

The Wurth-Loye Healthcare Real Estate Team provides comprehensive healthcare, life sciences and seniors housing real estate services, locally and nationally. As industry leaders with extensive experience, we understand the challenges and nuances of healthcare assets and develop strategies that generate opportunities, create value and deliver measurable results for our clients.

When you partner with our advisory team, you are connected to a fully integrated national platform of services that provides you with the tools to navigate the complexities of buying, selling and leasing healthcare real estate.

Our areas of specialization include single- and multi-tenant medical office buildings, surgery centers, hospitals, specialty hospitals, behavioral health facilities and seniors housing, including skilled nursing, assisted living, memory care and independent living.

We represent landlords, tenants, investors and owner/users, providing acquisition, disposition, leasing, sale/leaseback, site selection, consulting, and development services.

Read our healthcare update here

Meet Philip & Alexandra

As Arizona's premier healthcare commercial real estate brokers, we represent owners and occupiers of healthcare properties in lease, purchase and sale negotiations. We lease medical office buildings on behalf of landlords and represent them to sell their assets once stabilized, ensuring we maximize the value of their real estate. Our team has leased and sold every type of inpatient facility.

Our business is built on sustained client relationships, trust, integrity, performance, and most importantly, results. Let us put our experience to work for you.

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Putting our healthcare expertise to work for you
Serving your real estate needs

Our team specializes in a full spectrum of healthcare and seniors housing facilities, including, but not limited to, the following:

  • Hospital systems (general acute and sub-acute)
  • Specialty and community hospitals
  • Medical office buildings (single- and multi-tenant)
  • Outpatient surgery centers
  • Imaging centers
  • Skilled nursing facilities
  • Rehabilitation centers
  • Behavioral health facilities
  • Independent living
  • Assisted living
  • Memory care
  • Long-term care facilities
  • Continuing care retirement communities
  • Land acquisition and development for healthcare facilities
Johnson-Loye Healthcare Team Colliers International in Arizona
Partnering to achieve your objectives

In the highly regulated and competitive healthcare industry, we provide the services and resources necessary to help you make educated commercial real estate decisions, including:

  • New and renewal lease negotiations
  • Acquisitions and dispositions
  • Sale/leaseback
  • Expansion, consolidation and relocation
  • Build-to-suit
  • In-depth prospect analysis
  • Lease and operating cost audits
  • Site evaluation and selection
  • Appraisal and valuation services
  • Broker opinion of value
  • Project management
  • Construction and maintenance supervision
  • Property management
  • Property tax appeals
Johnson-Loye Healthcare Team Colliers International in Arizona
Strategic healthcare advisors

Philip Wurth, CCIM, and Alexandra Loye bring more than 30 years of combined experience in healthcare real estate, including agency leasing, investment sales and tenant representation.

Our specializations include medical office buildings, surgery centers, hospitals, specialty hospitals, behavioral health, seniors housing (nursing, assisted living, memory care), and life sciences.

With extensive experience and long-standing relationships throughout the healthcare industry, we have a comprehensive understanding of the complex challenges of healthcare investors, owner/users, landlords and tenants, enabling us to bring a unique perspective to address each client’s individualized needs throughout the transaction process.

We leverage detailed market intelligence, industry expertise, market awareness, project management, aggressive and strategic negotiating tactics, and prompt communication to maximize the value of our clients’ assets and achieve their investment, ownership and leasing goals. Click here to meet our team.

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Informative and engaging

Healthcare update from Alexandra Loye and Philip Wurth
Commercial Executive Magazine — Feb. 16, 2021

Retailers Breaking into the Healthcare World — Predictions
Knowledge Leader – Jan. 20, 2021

U.S. Economy: 2020 in Review and Outlook for 2021
Knowledge Leader – Dec. 30, 2020

The Rise of Telehealth: Issues and Implications
Fall 2020 Healthcare Services Report – Sept 22, 2020

The Role of Post-Acute Care in the Healthcare Delivery System: Part II
Summer 2020 Healthcare Services Report – July 13, 2020

Johnson-Loye Healthcare Team Colliers International in Arizona
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Featured client testimonials
Experience clearly evident
Our firm worked with Alexandra over an extended period to locate a facility that suited our needs. Since the project was unique, highly complex and geographically sensitive, it was a very demanding challenge. Alexandra never let up.

Each potential location required a great deal of negotiation due to the specific nature of our business. Once we found a location we thought may work, Alexandra negotiated a zillion different things into the deal so that the project could move forward. Many of these items were very advantageous to our benefit and would not have been sought by our team.

Her experience was clearly evident and significantly contributed to the successful completion of our project. She was a true professional and a pleasure to work with. We will be using Alexandra for our future expansions.

David Longley, Manager, Stand-Up MRI of Arizona, LLC
Efficiently navigated complicated transaction
I had the pleasure of being represented by Alexandra Loye and Colliers International for the sale of a vacant retail building at 838 W. Elliot Road in Gilbert, AZ. Alexandra correctly predicted our building would be sought by groups seeking medical space, specifically surgery centers. Within a month, we had the luxury of entertaining two offers, both of whom wanted to develop surgery centers!

Alexandra and her team were very compulsive in getting the many details needed from our tenant and buyer, thereby avoiding the last-minute rush and accompanying stress that are a part of many real estate transactions. It became obvious Alexandra was the most efficient person in navigating the details of this somewhat complicated transaction.

Although I had virtually no experience in commercial real estate sales, Alexandra always took time to answer my many questions, was prompt in responding to my calls and never seemed to mind spending extra time to educate me. I can highly recommend Alexandra and her team of professionals; you will not be disappointed.

Robert Spear, Manager, Spear Investors II, LLC
Vast experience & in-depth knowledge
Alexandra represented me in my first commercial real estate purchase for a medical office building—a 6,500 SF condo in the Arrowhead area in Peoria, Arizona.

My initial telephone interaction with her was very detailed, as she very quickly identified my exact needs and promptly searched for the right property that suited all my needs for the new practice, both from location and demographic standpoint. Alexandra was able to orchestrate the negotiations in an expeditious and professional way, ensuring my securing the property.

Alexandra is a professional, detail-oriented person with vast experience and in-depth knowledge of the commercial real estate market, whom I consider a trusted advisor and now a friend. I fully recommend Alexandra without reservations for any commercial real estate related needs.

As’ad Ehtisham, MD-FAHA, Entisham Neurovascular Institute, PLLC
Persistent efforts yielded results
I had the pleasure of being represented by Alexandra Loye and Colliers International for the sale of a leased 3,000-square-foot medical/dental office condo in Phoenix. Obviously this was a challenge during this virus-affected environment. The fact that Alex was able to get this deal done is a testament to her persistence and efforts. The property sold for exactly what we were looking for originally.

From start-to-finish, Alex made the process so easy. Alexandra and her team successfully, and in a timely manner, were able to obtain the many details from our tenant and buyer. The overall process was prompt and stress-free. She left nothing to chance and I appreciated her efforts. She always kept me in the loop with texts, emails and phone calls.

I can highly recommend Alexandra and her team of professionals. Again, if she could get this done during this virus pandemic, imagine what she could accomplish during normal times.

Dr. Joe Bryant, Bryant Properties, LLC
Most professional and efficient
We have worked with many real estate brokers and agents over the years and Alexandra was the most professional and efficient agent we ever worked with.

She was able to procure a tenant for our 6,000-square-foot building during the Coronavirus pandemic.

Alexandra was always available or returned our calls in a timely manner. She was even able to get a copy of the building plans from the city, even while the city offices were closed due to the Coronavirus.

We will choose to work with Alexandra again when we have real estate needs.

Billie Bernard, R & H Properties LP
Adding value, reducing costs, delivering results
Executing investment strategies

As healthcare real estate investment advisors, our first step is to fully understand your financial goals and property requirements and then execute a strategy to buy, sell, hold or refinance.

For acquisitions, we identify and evaluate properties that complement your portfolio and match your income goals and risk profile. Throughout ownership, our skilled team elevates and maximizes your property’s value through effective positioning, marketing and leasing.

When your goals call for disposition, we help determine the best time frame and supply in-depth data to develop a competitive price. Through customized marketing, properties are positioned to achieve the greatest exposure. Focusing on qualified buyers, we determine an acceptable level of risk to protect your interests.

Our team provides comprehensive acquisition, disposition, capital sources and debt & equity services across the full range of healthcare assets. We are committed to delivering results that optimize your investments for today and tomorrow.

Johnson-Loye Healthcare Team Colliers International in Arizona
Maximizing property value

Our approach is to understand your short- and long-term objectives for healthcare property ownership and then develop tailored marketing, leasing or disposition strategies that achieve a maximum return on investment.

We research competitive properties and healthcare trends to build a positioning strategy that differentiates each property and attracts the right tenant mix or investor. Using creative marketing, we emphasize the benefits and value of your asset to end users or buyers. And our targeted marketing identifies and qualifies tenants best suited to support ownership goals.

Through effective negotiations, we structure leases that build value, minimize exposure and reduce vacancies. We work closely with landlords to reduce turnover and vacancies through blending and extending existing tenants. Clients benefit from our in-depth knowledge and expertise in healthcare real estate to achieve timely lease-up or to create a disposition plan when ready to sell.

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Delivering client-specific solutions

Serving as a trusted partner and advisor, we deliver real estate solutions that align with our clients’ overarching business goals. We do this by listening, assessing and then implementing highly effective plans that meet space requirements, while minimizing occupancy costs.

Our team employs a proven process supported by tested tools, techniques and resources to address your physical space needs, meet business goals and help you make sound real estate decisions. We are equipped with the skills and knowledge to navigate complex leasing transactions, while providing you with insights and options.

We skillfully deliver the broad range of strategic and creative solutions that sophisticated healthcare tenants need and desire. With over 40 years of combined healthcare real estate experience, we know the market better than anyone and are uniquely positioned to help you find innovative and practical ways of achieving a business advantage from your commercial real estate.

Johnson-Loye Healthcare Team Colliers International in Arizona
Representative healthcare clients
  • AR Global REIT
  • AZ Vein & Vascular Center
  • Arizona Digestive Health
  • Arizona State Urology
  • Boomerang Capital Partners
  • Cardiovascular Consultants
  • Estrella Women’s Health Ctr
  • HealthSouth
  • HonorHealth
  • IASIS Healthcare/Steward
  • Integrated Medical Services
  • Irgens Development Partners
  • Lillibridge
  • LNR Real Estate
  • Meridian
  • OrthoAZ
  • PMB Real Estate Services
  • Pinnacle Women’s Center
  • Prime Eye Care
  • Shea Women’s Care
  • Southwest Foot Institute
  • Stand-Up MRI of Arizona, LLC
  • Spectrum Dermatology
  • T.O.P.S. Physical Therapy & Osteopractics
  • Ventas
Johnson-Loye Healthcare Team Colliers International in Arizona
Navigating healthcare

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Healthcare update from Loye and Wurth
For healthcare commercial real estate experts Alexandra Loye & Philip Wurth, there is always an urgency and immediacy to deliver actionable market intelligence and best-in-class value-add services for their clients.
Read the article
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Q4 2020 Medical Office Report
The outlook for the medical office market remains extremely positive. Rapid population growth creates a higher demand for healthcare. Population is expected to increase at a 1.5% annual rate.
Download Report
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Navigating Healthcare
Whether a hospital, health system, physician, healthcare real estate developer or investor, you need a real estate partner who can adapt quickly with customized solutions. We are here to help.
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Trust - Integrity - Performance - Results
Stay ahead with industry-leading research
Jan 27, 2021
2020 Q4 Greater Phoenix Medical Office Market Report
The Greater Phoenix medical office market added 26,451 SF of inventory in Q4. Vacancy dropped to 13.2%. Available sublease space decreased 16% over the quarter. Under construction projects are pre-leased at a rate of 76.7%. Rental rates increased by 5.3% YOY to end 2021 at $22.28 PSF. Sales volume increased 45.2% over-the-quarter.
Read More
Jan 11, 2021
2020 Q4 Greater Phoenix Office Market Report
Fourth quarter posted 143,434 SF of negative net absorption, marking the first quarter of negative net absorption following 34 consecutive quarters of positive net absorption. Direct vacancy increased to 13%. Investment sales soared to over $570 million late in 2020.
Read More
Oct 23, 2020
2020 Q3 Greater Phoenix Medical Office Market Report
The Greater Phoenix medical office market added 106,000 SF in third quarter, with high vacancy of 47% within three projects, focused primarily in the Glendale and Deer Valley submarkets. Net absorption remained positive, ending at 87,913 SF. Vacancy settled at 13.7%.
Read More
Oct 12, 2020
2020 Q3 Greater Phoenix Office Market Report
Third quarter brought 109,718 SF of positive net absorption in the Greater Phoenix office market. Direct vacancy settled at 12.7%. Deliveries increased inventory by 448,785 SF. Year-over-year rental rates increased 6.8% to a current average of $27.94 PSF.
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Featured news
Feb 24, 2021
Nutex Health acquires Gilbert emergency facility
Nutex Health purchased the Gilbert Emergency Hospital at 5656 S. Power Road in Gilbert, Arizona, for $10.5 million. Philip Wurth and Alexandra Loye of Colliers in Arizona represented the seller, MPT Operating Partnership LP in Gilbert.
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Feb 18, 2021
Colliers to lease new Class A life science innovation building in downtown Phoenix
Colliers in Arizona senior vice president Alexandra Loye was selected to handle leasing of 850 PBC, the new innovation and life science building at 850 N 5th St. in downtown Phoenix. Developed by Wexford Science & Technology, LLC, the 227,113-square-foot facility was completed in November 2020, and serves as an integral part of the 30-acre Phoenix Biomedical Campus.
Read More
Feb 16, 2021
Healthcare update from Alexandra Loye and Philip Wurth
For healthcare commercial real estate experts Alexandra Loye, senior vice president, and Philip Wurth, executive vice president, there is always an urgency and immediacy to deliver actionable market intelligence and best-in-class value-add services for their clients.
Read More
Feb 1, 2021
Strong medical office market in Phoenix prepares for robust 2021
The Greater Phoenix medical office market remains strong as population grows and companies relocate here, with healthcare demand growing. Net absorption of medical office space reached 111,974 SF in Q4. Vacancy dropped to 13.2% at year-end. Rental rates finished 2020 at $22.28 PSF, rising 5.3% YOY.
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Jan 22, 2021
Brad Cooke, Alexandra Loye, Rob Martensen named as People to Know in CRE
Colliers International’s Brad Cooke, Alexandra Loye and Rob Martensen were named People to Know in CRE in 2021 by AZ Big Media. Nothing gets done in this industry without visionary people deciding to push the boundaries, analytical people to determine what, when and where is the best time to act, and craftspeople to turn vision and numbers into the hard reality that makes up our world.
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Jan 18, 2021
Pandemic impact felt in Q4 Phoenix office market statistics
Greater Phoenix posted 143,434 SF of negative net absorption during Q4 2020, following 34 consecutive quarters of positive net absorption. Direct vacancy rates increased in Q4 to 13%. Rental rates increased YOY by 3.5% but declined 0.5% during Q4 to $27.67 PSF. Investment sales were more than $570 million in Q4.
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