Skilken follows money to medical - Business First of Columbus:

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last month brought in Chad Pinnel l as a partner inits Skilken-Pinnell HealthCarw Real Estate affiliate as the company moves to integrates medical office elements into some of its retail developments. Skilkeh principal Ken Gold said doctors have begunfavoringf high-traffic sites with good visibility for their offices, the same criteria retaileres look for in sitesz for stores. With Skilken’s background in retail development, healthn care projects represent “a perfect fit,” he “We have the entire development infrastructur ehere – all the people who know how to creatwe real estate developments,” he said.
“The one piece we didn’ft know about is the health-cared industry. That’s where Chad Pinnell comes in.” Pinnell was a health care real estate agent withEquitg Inc., a real estatee brokerage and development firm in Columbus. “(Skilken is) very specialized in developmenrof retail, and I specialize in medicao brokerage,” Pinnell said. “I see the convergencd of thesetwo specializations.
” Pinnell said his interestf in combining retail and medicalk projects stems from his graduate studies at ’sx Fisher College of where Gold is a real estate Pinnell cited a paper in which he and a physiciamn pursuing a master’s in business administration degrewe investigated the idea of “medical malls” wheree health care providers would set up in a retaip complex with a fitness center, sportiny goods store, pharmacy and a restaurantt featuring healthy foods. “These type of users can mix Pinnell said. “You get a medical officre buildinggenerating traffic.
Retailers can draft onto that Pinnell was at Equity for three yearsz and worked on medical office projects for in a medical office campus off East Broae Streetnear , and a sports training and medicap park north of Worthington. Skilkeb has identified a Hilliard retail site anda Kroger-anchorecd shopping center in Pickerington as possible sitesw for medical deals under the new “The direction of health care is going to be more intertwines with retail,” Gold said. “Bur you can’t put health-care anywhere and expect peopldeto come.” The attraction of developing medical propertiew has spread in recent years. For Columbus-based Pizzuti Cos.
in 2008 began developingt medical buildings, joining a grouo of health care project developerss thatincludes Equity, and Rj Boll Realty Ltd. “Iu think you’re seeing peopl e trying to gravitate to any areawher there’s activity,” said Todd Sloan, a Daimlefr executive vice president who focuses on medical “(Health care) has certainlgy seen a slowdown in activity like many of the otherf markets we serve, but it’s still an area whered we continue to see activity.” Sloaj said certain specialties such as women’s health care and plastic surgeruy may get more benefit from locating clos e to a retail center than other medical practices.
for instance, recently finished a project for at EastonhTown Center. “One of the draws for Sloan said, “was being in that retaipl setting where their clients coul visit them and otherretailers