NexCore Group-developed Cancer Center opens in Amarillo, TX

Grand opening and ribbon cutting ceremony at Texas Oncology Center in Amarillo Texas

NexCore Group, a national healthcare, life sciences, and senior living real estate developer, announced they celebrated the grand opening of the new Texas Oncology-Amarillo, a comprehensive cancer center serving the residents in the panhandle of Texas.  In collaboration with Texas Oncology, the NexCore team led the single-story, 50,000-square-foot build-to-suit cancer center from concept to construction.

The new Texas Oncology-Amarillo cancer center significantly increases access to care to meet the growing need in the Texas panhandle. Located at 1826 Point West Parkway in Amarillo, the facility will provide medical oncology, hematology, gynecologic oncology, radiation oncology, breast radiology, surgical oncology, and colon and rectal surgical services. Thoughtfully designed to meet Texas Oncology’s space requirements, NexCore worked with architect, Perkins & Will, and general contractor, Skiles Group, to deliver the building housing a comprehensive array of healthcare services.

“We are pleased to help Texas Oncology further its mission to provide excellent patient care while advancing cancer treatment,” said Nathan Golik, Executive Vice President of Real Estate Development. “This facility allows patients to receive modern cancer care from local oncology experts, supported by family and friends within their community.” 

NexCore Group Chief Development Officer Todd Varney says the firm is honored to have partnered with Texas Oncology to create a new center of excellence designed to deliver comprehensive cancer treatment with the capacity for innovative clinical trials and cancer research.

“At NexCore, we take pride in working with and listening to providers and community members to develop spaces that serve their unique needs,” added Mr. Varney. “NexCore is pleased to help deliver a critical healthcare component that touches so many of our lives to the Amarillo community.”

The center started seeing patients on April 17th, 2023.

To see a video of the grand opening visit:

NexCore Group Breaks Ground on the Hunt Regional Healthcare Specialty Hospital and Medical Office Building in Royse City, Texas

Exterior rendering of Hunt Regional Medical Center Royse City building made of white and bronze material with a porte-cochère and stone driveway

Today, NexCore Group, a national healthcare, life sciences, and seniors housing real estate developer, announced they broke ground on the new Hunt Regional Healthcare Medical Office Building (MOB) in Royse City, Texas. With an opening date anticipated in the Fall of 2024, the facility will bring a full spectrum of physician care to the Royse City community.

The Hunt Regional Healthcare MOB will house a state-of-the-art emergency facility that offers a full spectrum of physician care, including five in-patient beds, 10-bay emergency specialty hospital, diagnostic imaging, laboratory services, primary care, and various specialty practices, such as Women’s Care and Orthopedics. NexCore Group is partnering with Hill & Wilkinson General Contractors and architect Page Southerland Page to develop the two-story 70,000 SF facility, which will be located off I-30 and Shaw Road, east of FM 2642.

“We are pleased to help Hunt Regional further its mission to provide high-quality, service-oriented healthcare to the people in this community,” said Nathan Golik, Executive Vice President of Real Estate Development. “Our goal is to create a facility that meets those healthcare needs both now, and in the future, with the building’s surgical expansion capabilities to allow the array of services offered to grow with the community.” 

The Hunt Regional Healthcare MOB will bring together a variety of high-quality physicians and surgeons in one convenient location, enabling community members to access integrated services in one place. “We are excited for the community of Royse City to experience firsthand that patient-first approach that our staff takes with every single interaction through this facility,” stated Travis Potter, Hunt Regional Healthcare Vice President of Business Development Administration. Patients will experience greater quality of care through the centralization of providers and services, while physicians will reap the benefits of enhanced efficiencies. 

“At NexCore, we take pride in working with and listening to providers and community members to develop spaces that serve their unique needs,” added Todd Varney, Chief Development Officer and Managing Partner of NexCore Group. “We are thrilled to be developing a state-of-the-art facility that improves healthcare access and experiences for patients and physicians alike.”

For a video of the ground break please visit:

HATCHlabs Named A 2023 NAIOP SoCal Awards Finalist for Interior Project of the Year

HATCHspaces Irvine, CA Interior Lobby with four individuals sitting in chairs

HATCHlabs @ Irvine Spectrum, a joint development project between HATCHspaces, NexCore Science and Technology, BAM Creative, and HITT Contractors, was selected as a finalist for the 2023 NAIOP SoCal Awards under the “Interior Project of the Year” category.  This annual award recognizes leaders in Southern California’s Commercial Real Estate Development industry and celebrates the previous year’s most innovative and transformative commercial real estate projects.

Completed in September 2022, HATCHlabs @ Irvine Spectrum was the first post-incubation life science facility in Orange County. The purpose-built facility resulted from a collaborative partnership between NexCore Science and Technology and HATCHspaces, who partnered with BAM Creative and general contractor HITT to overhaul over 39,000 square feet of space. The result of the project was a state-of-the-art, collaborative, purpose-built space developed to accommodate the specialized technical needs of early-phase life science companies.

“It took immense strategic collaboration and a strong, innovative vision to bring a project like this to life,” said Allan Glass, Founder of HATCHspaces. “It’s historically been quite difficult for emerging life science companies to find high-quality laboratory spaces that enable them to blend creativity with technical functionality. By combining collaborative spaces and state-of-the-art facilities, the HATCHlabs concept gives these companies exactly what they need to advance their innovations.”

The two-story project created eight turnkey lab suites available for immediate use and expansive state-of-the-art lab-enabled shell space on the first floor. The developers and contractors installed several highly-specialized infrastructure upgrades, including heavy power upgrades; multi-tenant distributed power, water, and sewer access; high-capacity air handling systems; shared lab amenities; back-up power; and fully-fit lab casework. The development also included outdoor community spaces, conference rooms, shower rooms, mother’s rooms, and shared breakrooms.

“We are thrilled that HATCHlabs has been recognized as a finalist for the NAIOP Southern California Chapter’s 2023 Awards,” shared Allan. “Working with NexCore, BAM Creative, and HITT was a phenomenal experience, and we could not have delivered such a dynamic facility without them. This recognition is a testament to the hard work and dedication of everyone who worked together to bring HATCHlabs @ Irvine Spectrum to life.”

The winner of this highly-competitive award will be announced at The NAIOP Southern California Chapter’s 2023 Awards ceremony, which will take place on May 11, 2023, at Vibiana — Downtown Los Angeles.

NexCore Group Names Michael Ray Chief Investment Officer

Denver-based NexCore Group, a national healthcare, science and technology, and senior housing developer, announced that Michael Ray joined the firm as Chief Investment Officer.

Michael Ray is a senior real estate investment executive with over 20 years of experience developing investment strategies for companies of all stages and sizes. With a strong focus on joint ventures and capital formation, Michael has extensive expertise in managing high-value assets and positioning companies for optimal growth. “I am especially excited to join the NexCore Group team because of the company’s creative and collaborative environment,” shared Ray. ” I look forward to being a member of a dynamic team driving strategic growth and investment that impacts everyone involved.”

Ray comes to NexCore from McWhinney, where he served initially as Executive Vice President and General Counsel and then Chief Operating Officer, Funds Management. He directed legal functions and capitalization strategies for more than $900 million in investment pipelines during his tenure there. He also managed the creation and establishment of the company’s investment fund business and institutional investment platform.

Jarrod Daddis, NexCore Group’s President and Managing Partner, said, “Michael’s extensive background in transactions and investments is an invaluable asset to NexCore as we continue to grow the company and develop healthcare, science & technology, and seniors housing projects. His leadership and years of industry experience will help NexCore continue to make strategic investments that make an impact.”

Mr. Ray holds a B.A. in Political Science from Rhodes College and a J.D. from Southern Methodist University Dedman School of Law.

NexCore Group Named 2023 Top Outpatient Healthcare Real Estate Developer

NexCore Group has been named a 2023 Top Outpatient Healthcare Real Estate Developer by Revista’s Outpatient Healthcare Real Estate Development survey. From January to December 2022, NexCore started or completed 10 developer-owned outpatient office buildings comprising 723,830 square feet. The total construction value for these projects totals $324.7 million.

The 2023 Outpatient Healthcare Real Estate Development Survey captured the number of medical office spaces and other outpatient real estate projects that either started or completed construction in 2022. These projects included MOBs, outpatient surgery centers, dialysis centers, clinics, freestanding emergency rooms/departments, imaging centers, urgent care centers, retail medical buildings, and other purpose-built facilities that delivered out-patient care.

This year’s report contained voluntary data from 20 companies, along with derived data from an additional 180 companies, resulting in 200 total developers being included in the survey. Of the 200 developers who participated, NexCore Group ranked first for the number of developer-owned projects started or completed in 2022.

Todd Varney, Chief Development Officer and Managing Partner of NexCore Group, expressed he is thrilled that NexCore has again been recognized as the top healthcare real estate developer in the nation. “At NexCore, we strive to deliver innovative and collaborative healthcare real estate solutions that provide better outcomes for our clients and their communities,” he said. “We are proud to be recognized as the national leader in healthcare real estate, and we are excited to continue developing high-quality outpatient facilities that meet current and future healthcare demands.”

HREI magazine is featuring highlights from the survey in an upcoming edition. To read the cover story, please visit

The full report is available exclusively to Revista subscribers. Please contact Hilda Martin at 443-949-8794 or for more information or to subscribe.

NexCore Group Breaks Ground on New Medical Office Building and Ambulatory Surgery Center in Westfield, IN

Today, NexCore Group, a national healthcare, life sciences, and seniors housing real estate developer, broke ground on the new, state-of-the-art Westfield Medical Office Building and Westfield Ambulatory Surgery Center in Westfield, IN. Upon its completion in 2024, the integrated healthcare facility will offer convenient and comprehensive medical services to the rapidly growing Westfield community.

Located at the intersection of US31 and SR32, the Westfield Medical Office Building and Westfield Ambulatory Surgery Center will be developed to support Outpatient Integrated Strategies (OIS). When completed, the facility will enable patients and practitioners to access local, comprehensive, and centralized care. The 3-story, class-A Medical Office Building will feature 60,000 square feet of rentable space, ample surface parking, and an Ambulatory Surgery Center (ASC) operated by Westfield Ambulatory Surgery Center, LLC. In addition to housing an ASC, the facility will feature wound care, laboratories, diagnostic imaging, and a complement of clinical spaces and physician services.

“This facility will improve patient and practitioner experiences through a model of integrated care that houses a variety of high-quality specialties and services in one location,” said Nathan Golik, Executive Vice President of Real Estate Development. “Our vision is to develop a medical facility that enables people to experience high-quality, convenient, and accessible care. This project will give the Westfield community just that.”

The Westfield Medical Office Building and Westfield Ambulatory Surgery Center will enable much-needed improvements to the access and quality of outpatient care in Westfield, IN. With a variety of high-quality physicians and surgeons in one convenient location, patients and families will benefit from better services and improved access to specialists. Providers will also experience enhanced efficiencies that synergize their provision of care.
“NexCore is committed to building better outcomes for everyone involved in this project,” shared Golik, “We are grateful to be working alongside such great partners to develop a facility that improves healthcare experiences for patients and practitioners alike.”

For a video of the Westfield Medical Office Building and Westfield Ambulatory Surgery Center ground break please visit:

Custom-designed, class-A medical office space is available for lease now in the Westfield Medical Office Building and Westfield Ambulatory Surgery Center. Interested healthcare providers are encouraged to contact Amy Andresen, Senior Vice President of Leasing, at or  303-710-1918.

NexCore Group Breaks Ground on Intermountain Health Aurora Crossroads Campus Medical Office Building

Denver-based NexCore Group, a nationally recognized healthcare real estate investment and development company, broke ground on a new medical office building for Intermountain Health (formerly SCL Health) on their Aurora Crossroads campus March 21, 2023. The three-story, 85,000-square-foot facility is conveniently located at the intersection of E-470 and I-70 in north Aurora and is projected to open in the second quarter of 2024.

“NexCore is excited to provide a facility designed to provide quality, comprehensive care in this fast-growing area,” said Tom Kelly, Senior Vice President, Real Estate Development for NexCore. “The Aurora Crossroads Medical Campus will become the epicenter of healthcare in the area as part of Intermountain Health’s robust ambulatory care network strategy.”

The new medical office building will increase patient access to care in the area, housing comprehensive services including 8 primary care physicians,  diagnostic imaging, lab, an ambulatory surgery center, an endoscopy center, and a variety of specialists such as OB/GYN, Orthopedics, General Surgery, and Cardiology. Plans also include proposed connectivity to the future hospital.

NexCore was selected by Intermountain Health through a competitive process to execute on their vision to expand into the Aurora market, providing patients with a differentiated, integrated care experience. “This is the perfect opportunity for NexCore to deliver a healthcare facility that brings excellence, convenience and comprehensive care to the community,” remarks Todd Varney, NexCore’s Chief Development Officer and Managing Partner. “At NexCore we build better outcomes – better outcomes for our health system providers, patients, and the surrounding community – and there’s no place we would rather deliver on that promise than in the area surrounding our headquarters.”

For a video of the Intermountain Health Aurora Crossroads Medical Office Building ground break please visit:

Limited space is still available for lease to complementary independent physicians. For leasing information, please contact Kristen Neumann at or 303-710-1909.

NexCore Group Wins 2022 HREI Insights Award™ for Best New Medical Office Buildings and Other Outpatient Facilities

NexCore Group was selected as the recipient of the 2022 Healthcare Real Estate Insights™ (HREI) 2022 Insights Award for Best New Medical Office Buildings and Other Outpatient Facilities (100,000 square feet or more). The Denver-based healthcare, life sciences, and senior living real estate developer accepted this national award on March 1, 2023, at the Revista Medical Real Estate Investment Forum in Bonita Springs, Florida. 

Established in 2013, the HREI Insights Awards™ is the first and only national award dedicated to recognizing excellence in healthcare real estate development and leadership. With the addition of the 2022 Insights award, NexCore’s projects and professionals have now been named Finalists 24 times and Winners seven times.

NexCore received the 2022 HREI Insights award for their Doctors’ Pavilion at HCA North Cypress Campus development, a four-story, multispecialty physician office building spanning 112,505 square feet. This state-of-the-art healthcare facility was developed as a real estate joint venture between NexCore and physicians in the Houston area; NexCore’s collaborative development approach with HCA Healthcare and physicians provided a partnership that focused on patients’ quality of care while also aligning the interests of the physicians who wanted to have genuine ownership of the real estate alongside NexCore.

“On-campus healthcare real estate is complex and there are many stakeholders,” said Jim Hartmann, Senior Vice President of NexCore Group. “Our entrepreneurial approach in customizing a real estate ownership structure that meets the expectations of our physician investors is truly a win-win for the hospital, physicians, and our investment in these projects.”

Located just outside Houston, the Doctors’ Pavilion at HCA North Cypress Campus is a comprehensive healthcare destination that includes physician office space and an outpatient ambulatory surgery center.  This coordinated care model improves the efficiency, quality, and convenience of care in one facility.

NexCore Group has demonstrated long-standing success and industry expertise in healthcare real estate development. Todd Varney, Chief Development Officer of NexCore Group said, “NexCore is thrilled to accept this award and remains committed to providing state-of-the-art developments to enhance outcomes for everyone involved.  Congrats to our team, our physician partners, and HCA for making this possible.”