50,000-SQUARE-FOOT BUILD-TO-SUIT MEDICAL FACILITY FOR UCLA TO BREAK GROUND

SANTA MONICA, CALIF. — Sixteenth Street Medical Center LP will develop a three-story, 50,000-square-foot outpatient surgery facility located at 1223 16th Street in Santa Monica. The development team, led by Randall Miller of The Nautilus Group, will build the facility for UCLA, which signed a long-term lease in February to occupy the entire building. The Michael W. Folonis Architects-designed property will be situated across the street from the Santa Monica-UCLA Medical Center and Orthopedic Hospital and is expected to obtain LEED Gold certification upon completion.