KDC BREAKS GROUND ON TEXAS HEALTH PRESBYTERIAN HOSPITAL’S MEDICAL FACILITY IN NORTH ROCKWALL

06/15/12

KDC BREAKS GROUND ON TEXAS HEALTH PRESBYTERIAN HOSPITAL’S MEDICAL FACILITY IN NORTH ROCKWALL

DALLAS – (June 15, 2012) - KDC, one of America’s leading commercial real estate development and investment firms, today broke ground on the new 16,600 square foot medical facility for Texas Health Presbyterian Hospital Rockwall.

The medical facility, located in North Rockwall, will house two multi-physician offices, emergency room, and diagnostic and laboratory resources. Construction is slated to be completed in late 2012, with the emergency department expected to be operational in early 2013.

“As project developer, we understand that the new medical facility is a critical expansion of Texas Health Presbyterian Hospital’s services to the local community,” said Nathan Golik, senior vice president of KDC. “Now patients will be able to seek medical attention while staying in their community at a new facility designed to meet their needs.”

Cindy Paris, hospital president added, “We have seen a large growth in patients coming from the north Rockwall area and the surrounding northern communities. Over the past year we’ve evaluated how we were serving those patients and determined that we could do more. After extensive discussions and planning we devised a plan that we are confident will provide the high quality care expected and still keep our patients close to home, where they want to be.”

The new medical facility will include a full-service emergency room that will be open 24 hours a day, 7 days a week providing all the capabilities of Texas Health Rockwall’s on-campus emergency room. Patients who need to be admitted will be transferred via ambulance directly tothe hospital. Should a patient need specialized care, air transport will be arranged directly from the new emergency facility.

Corgan Architects is the project designer for the new Rockwall medical facility and MAPP Construction is the general contractor. Broker Austin Lewis represented KDC during the transaction.

Texas Health Presbyterian Hospital Rockwall (THPHR), recognized with the Gold Seal of Approval by the Joint Commission Accreditation of Healthcare Organizations, is the first full-service community hospital in Rockwall. THPHR offers 50 inpatient beds for acute medical and surgical needs, advanced medical technology and comprehensive services focused on quality patient care and safety close to home.

About KDC

KDC, one of America’s leading commercial real estate and investment companies, provides a full range of commercial real estate services including corporate build-to-suit development, acquisitions, corporate facility project/construction management, project financing, asset and land management, and marketing and leasing. KDC is headquartered in Dallas and has offices in Atlanta; Austin, Texas; Charlotte, N.C.; and Detroit. For more information, visit kdc.com.

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