Springstone purchases 6.59 acres in Gilbert for future behavioral health facility

Behavioral health company to build second Arizona facility in Gilbert medical corridor

Phoenix, April 17, 2018 – Kentucky-based Springstone will develop its second Arizona behavioral health facility on 6.59 acres located near the Loop 202 and Val Vista Drive in Gilbert, Arizona. Philip Wurth, executive vice president with Colliers International in Greater Phoenix, negotiated the land sale.

Springstone purchased the property from Willis & Melrose, LLC. The land is situated at the corner of Rome and Melrose streets, near the Mercy Gilbert Medical Center.

“We have experienced a high volume of activity around the area for medical users looking for space,” said Wurth. “The Springstone facility will fill an important need in the community for high quality behavioral health care services.”

Springstone is a leading provider of behavioral health services in numerous markets throughout the United States. The company currently operates one facility in Arizona, Copper Springs, which is located in Avondale. Springstone fulfills its mission of Changing People’s Lives?  by building and operating innovative behavioral health facilities that partner with local stakeholders to strengthen individuals, families, and communities.

Springstone plans to break ground on a 60,000-square-foot facility, which will include inpatient and outpatient services, within the next three months. The facility should be complete in 2019.

About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is an industry-leading real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers has also been ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

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Colliers International in Greater Phoenix has served clients locally and globally for more than 35 years.