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Phoenix & Southwest  + Phoenix  + Office  |  August 18, 2026
Scottsdale Medical Offices
Mike Boyd
By: Mike Boyd

Albany Road Snags Loan for Scottsdale MOB Acquisition

Cushman & Wakefield has arranged $19.9 million in acquisition financing for Edwards Professional Park I & II in Scottsdale. Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets team arranged the debt through an undisclosed regional bank on behalf of the borrower, Albany Road.

Located at 10752 N. 89th Place and 8952 E. Desert Cove Ave., Edwards Professional Park I & II features 91,469 square feet spread across two buildings.

At the time of the loan closing, the buildings were currently 91% leased to 47 medical and healthcare-related tenants. Approximately 98.7% of the occupied space is dedicated to healthcare uses, including dentistry, orthopedics, gastroenterology, dermatology, behavioral health, physical medicine, infusion therapy and aesthetic medicine practices.

Albany Road has made 110 investments since its inception in 2012 across a wide range of product types, geographies, and tenant profiles.  

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Albany Road

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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