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RENDINA COMPANIES ANNOUNCES GRAND OPENING OF WELLINGTON MEDICAL ARTS PAVILION III

OCTOBER 2007


Wellington Regional Medical Center staff and friends took part in a grand opening ceremony for the Wellington Medical Arts Pavilion III last week. The new four-story, 50,000-square-foot medical office facility is located on the WRMC campus at the intersection of State Road 7 and Forest Hill Blvd.

The Oct. 11 ceremony also included the dedication of Medical Park Blvd. on the WRMC campus in the name of the late Bruce Rendina, founder of the Rendina Companies.  The Jupiter-based Rendina Companies, one of the nation's leading medical real estate development companies, was also the developer of Wellington Medical Arts Pavilions I and II on the hospital campus over the last four years.

The new facility is currently 100-percent leased and will be occupied by over 40 physicians representing more than 10 medical specialties, including Palm Beach Surgical Associates, the Wellington Surgical Weight Reduction Center, Medical Specialists of the Palm Beaches, Complete Health Care for Women, Wellington Family Practice, Pain and Rehabilitation Physicians of Palm Beach and Florida Eye Microsurgical Institute.

Rendina Companies Chairman and CEO Richard M. Rendina said Wellington Medical Arts Pavilion III will serve the need for additional first-class medical office space on the WRMC campus.

"Rendina Companies enjoys a tremendous working relationship with [WRMC parent company] Universal Health Services and Wellington Regional Medical Center," he said.  "This project and Wellington Medical Arts Pavilion IV, which is currently being pre-sold, will be examples of the high-quality results produced by our development team."

The dedication of Medical Park Blvd. in Bruce Rendina's memory is based on the relationship the Rendina family has fostered with WRMC and the community of Wellington as a whole.  Rendina's passion for enhancing the lives of others through charitable giving lives on through the Rendina Family Foundation. Formed in 1997, the Rendina Family Foundation has contributed to numerous charitable organizations, including the American Cancer Society, the Boys & Girls Club, the Leukemia & Lymphoma Society, St. Rita Catholic Church and Cardinal Newman High School.

For more information on the Rendina Companies, call Senior Vice President for New Business Development Todd H. Varney at (866) 630-5055 or visit www.rendinacompanies.com.

For further information on available space, contact Rendina's Vice President of Leasing Gant Braley at (866) 630-5055.




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