(Oxford, Miss., and Indianapolis, Ind. ‒ Feb. 3, 2016) Duke Realty, an Indianapolis-based commercial real estate developer, has announced it will soon begin developing the 78,000-square-foot, three-story Baptist Oxford Medical Office Building (MOB) in Oxford, about 80 miles south of Memphis, Tenn.

The MOB, which is expected to be completed in August 2017, will be located on the campus of the new replacement Baptist Memorial Hospital-North Mississippi at 1100 Belk Boulevard in Oxford. The five-story, 600,000-square-foot hospital has a planned completion date of fall 2017.

'The new hospital campus represents the single largest health care economic development project in the history of Oxford and Lafayette County,' said Bill Henning, administrator and CEO of Baptist North Mississippi. 'The new hospital, as well as the new medical office building, will further position Baptist-North Mississippi as a regional referral center and provide greater accessibility and expanded services for patients.'

Henning noted that the new hospital and MOB are needed because the market is experiencing strong development and population growth.

Keith Konkoli, Duke Realty Executive Vice President, Healthcare, notes, 'There is very little medical space available in Oxford and most of the facilities are 100 percent occupied. We're proud that we'll be able to offer prospective tenants an opportunity to lease the only Class A, multispecialty, on-campus space in the market.'

About 49,000 square feet of the MOB will house Baptist Memorial Hospital-North Mississippi services, including outpatient physical therapy, wound care, a sleep lab, education/simulation and administrative space. Baptist Medical Group physician offices will occupy approximately 8,200 square feet in the facility, and the Stern Cardiovascular Foundation will operate in about 6,000 square feet of space. The MOB also will house other medical specialty practices.

Robins & Morton, which is headquartered in Birmingham, Ala., is the general contractor for the project, and Nashville, Tenn.-based Earl Swenson Associates is the architect.

About Baptist Memorial Health Care

Founded in 1912 with a 150-bed hospital, not-for-profit Baptist Memorial Health Care has grown to 14 affiliate hospitals with a total of more than 2,600 beds throughout the Mid-South. The award-winning Baptist Memorial is regarded as one of the premier health care systems in the nation and is dedicated to providing compassionate, high quality care for patients. With the intention of caring for people close to their homes, the Baptist system also offers more than 3,100 affiliated physicians; home, hospice and psychiatric care; minor medical clinics; a network of surgery, rehabilitation and other outpatient centers; Baptist Medical Group, the Memphis area's largest multispecialty physician group; and an education system highlighted by the Baptist College of Health Sciences. Baptist employs more than 15,000 people and is considered the fifth largest employer in Memphis, Tenn. For more information, visit www.baptistonline.org.

About Duke Realty

Duke Realty is a national commercial real estate company specializing in the ownership, management and development of medical office properties, complemented by a large portfolio of industrial assets. Duke Realty (NYSE:DRE) owns, maintains an interest in or has under development more than 141.8 million square feet of space in more than 22 top-tier markets nationwide.

The healthcare segment of Duke Realty's portfolio totals more than 6.4 million square feet, and includes properties ranging from medical office buildings to rehabilitation facilities and from ambulatory care centers with diagnostics, oncology and surgery services to one of the nation's largest cancer centers. Duke Realty also has on-staff a team of healthcare professionals who are well-versed in the unique demands of medical providers and have proven experience in providing hospitals and physician groups comprehensive planning, development, ownership and facility management services. More information about Duke Realty's healthcare real estate capabilities is available at www.dukerealty.com/healthcare. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.

Duke Realty Corporation issued this content on 03 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 February 2016 19:38:26 UTC

Original Document: http://www.dukerealty.com/2016/02/03/duke-realty-to-develop-78000-square-foot-baptist-oxford-mob-south-of-memphis-tenn/