Development Services & Property Management Case Study

Gorman & Bunch Orthodontics

5594 E. 146th Street | Noblesville, IN

CHALLENGE

Dr. Jason K. Bunch, DDS, MS, the founding partner of Gorman & Bunch Orthodontics, has a growing Orthodontics practice with various leased locations around central Indiana and is looking for building ownership and investment opportunities.  Unfortunately there are limited available existing buildings for sale in the market and often times the only opportunity to own is to build yourself.  The site acquisition, development and ground up construction of a building is often price prohibitive and risky for a single user and requires multiple tenants along with building operation and maintenance responsibilities.

SOLUTION

Dr. Bunch engaged Scott Lindenberg and the Reliant Partners team as a Development Services and Property Management partner to embark on the development of a new Orthodontist anchored Medical Office Building (MOB).  Scott was the team leader to identify a land site, assemble a development team, design the building, pre-lease the anchor tenants, secure financing and coordinate the construction project.  Dr. Bunch provided key insight and participation as a partner in the project and Scott was able to lease up the building to 100% occupancy, including Reliant Partners’ brokerage and property management office. As a result, Gorman & Bunch Orthodontics was able to relocate into a high-quality, Class A, professionally managed building for their clients and staff.