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DASCO COMPANIES completes Phase I of Health Park in Plantation, Fla.


WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 4, 1996--DASCO COMPANIES, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of PhyMatrix Corp. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:PHMX), announced the completion of Southpointe Medical Center at 600 Pine Island Pine Island is the name of several places in the North America: Islands
  • Pine Island (Lee County, Florida)
  • Pine Island, Massachusetts - several islands, including one in the Sudbery Res. in Marlborough, MA.
 Road in Plantation, Fla.

This is the first phase of a proposed multi-facility Health Park under development by DASCO DASCO Discriminant Analysis with Shrunken Covariances . Healthcare providers participating in Phase I include MedPartners Inc., HEALTHSOUTH Corp. and Columbia Healthcare Corp. as well as some of the area's most prominent physicians. Funding for this multi-million dollar project was provided by Meditrust, the nation's largest healthcare real estate management trust.

This 50,000 square foot facility will offer a wide range of conveniently located medical services to the community. Services that will be provided at Southpointe Medical Center include:

--Primary Care --Orthopedics --Physical Rehabilitation --Ophthalmology --OB/GYN --Sports Medicine --Dentistry --Dermatology --Other Specialties

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 DASCO's President, Bruce A. Rendina: "The quality of the mix of healthcare providers in this facility will be a great addition to this community. Our medical facility is strategically located at the center of Plantation's high growth corridor," Rendina continued, "providing highly convenient access and visibility. Demand from the medical community is indicating a strong need to develop additional healthcare facilities to compliment the services and providers in Phase I."

Founded in 1985, DASCO COMPANIES is the nation's leading full-service, medical real estate development and management company. With offices in Atlanta, Boston, Dallas, Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Philadelphia, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , and West Palm Beach, DASCO has attracted the industry's top professionals to its development team. Through its team approach, DASCO has developed a reputation among health care providers for offering innovative development programs producing cost effective, high quality medical facilities strategically planned and located to better serve their communities.

CONTACT: DASCO COMPANIES, West Palm Beach

Christopher M. Bowen, Vice President

800/452-8121
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 4, 1996
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