BURBANK, CALIF. — McCarthy Building Cos. is developing the Roy and Patricia Disney Cancer Center in Burbank. Located at Providence Saint Joseph Medical Center, the $21.8 million facility will be San Fernando Valley’s most comprehensive freestanding cancer center when it opens in summer 2009. The four-story, 57,469-square-foot center will provide a combination of Western and Eastern medicine, including oncology, hematology, pathology, rehabilitation, nutrition, social services and spiritual care. Designed by Pasadena, Calif.-based SWA Architects, the project will feature a two-story waterfall in the lobby, exterior fountains and a rooftop meditative labyrinth. The project is being funded through private donations, including a $10 million gift from Roy and Patricia Disney.
CHESTERFIELD, MO. — St. Louis-based Walton Construction Co. has been selected to serve as general contractor for the development of Chesterfield Medical Institute, a $6.7 million medical facility located at 1001 Chesterfield Pkwy. East in Chesterfield. The two-story building will house three medical practices, including Laser & Dermatologic Surgery Center, West County Dermatology and Generation Dental Group. Feeler-Sheer Architects will provide design services for the project.
JOHNS CREEK, GA. — Trammell Crow Co., in a joint venture with MetLife, is developing Woodlands Park, an 18-acre multi-phase medical campus in Johns Creek. Phase 1, Woodlands Park Medical Arts I, consists of a 100,000-square-foot, four-story medical office building, located at 6375 Hospital Parkway, which borders the Emory Johns Creek Hospital campus. Phase 2 will also be four stories and 100,000 square feet. The project architect is Wakefield Beasley, and the general contractor is Brasfield & Gorie. Construction began on Phase 1 in March and is expected to complete in January.
ST. CLOUD, FLA. — Osceola Development and Land Co. is building St. Cloud Medical Arts and Technology Park, a 100,000-square-foot, LEED-certified research and development center at Stevens Plantation Corporate Center in St. Cloud. The project will consist of a 10,000-square-foot imaging center, a 10,000-square-foot surgical center, a 30,000-square-foot incubator space to be occupied by the University of Central Florida Technology Incubation Program and 50,000 square feet of medical office space. BCArchitects is designing the project, and St. Cloud-based Snow Construction is the general contractor. Construction is expected to commence this summer.
SAN DIEGO — RM-Use LLC has purchased Alvarado Medical Center, a 29,928-square-foot medical/office building located at 6367 Alvarado Ct. in San Diego, for $4.4 million. Built in 1976, the three-story building is currently leased to a variety of tenants, including Laboratory Corporation of America, E-Study Site, Sonus USA, Quest Diagnostics, Gerdez Professional and several private medical offices. Paul Lafrenz, Shauna Fick, Don Mitchell and Pat Kane of CB Richard Ellis represented the seller, Alvarado Medical Center LLC, in the transaction; the buyer represented itself.
CHICAGO — Northbrook, Ill.-based Essex Realty Group has completed the sale of a 63-unit multifamily property, located at 640 Sheridan Dr. in Chicago’s Lakeview neighborhood, for approximately $6.3 million. Doug Fisher of Essex represented the seller, and Doug Imber, also of Essex, represented the buyer. Both parties were undisclosed.
CHULA VISTA, CALIF. — San Diego-based Pacific Realty Advisors has purchased Pacific Doctors Park, a 35,000-square-foot medical campus located at 340-342 Fourth Ave. in Chula Vista, for $8.8 million. At the time of acquisition, the property was 100 percent occupied by 20 tenants, including Medical Center Pharmacy, S.C. Health Providers and Luis Marmanillo M.D. The buyer has an extensive upgrade planned for the property. Tracy Clark of Voit Commercial represented the undisclosed seller in the transaction.
ST. LOUIS — St. Louis-based McGrath & Associates is completing the remodeling of the 375th Medical Group building at Scott Air Force Base, which is located approximately 20 miles east of St. Louis in the city’s Metro East submarket. The building is being converted from its former use as the medical facility for the base into a comprehensive outpatient care clinic for soldiers and their families. The 94,000-square-foot building will include pediatric medicine, physical and occupational therapy, a primary care center, internal medicine, mammography and ultrasound, a pharmacy, an oral surgery suite and an immunization center. An outpatient clinic that currently operated within the facility will remain open during the renovations. Construction began last October, and completion is scheduled for July 2009. The representing owner of the project is the Fort Worth, Texas, district of the Army Corps of Engineers. Rockville, Md.-based Skanska USA Building is serving as the design/builder, with McGrath & Associates serving as general contractor and construction manager.
ESCONDIDO, CALIF. — MMIC EMA MOB LLC has purchased a two-story, 50,000-square-foot medical office building, which is located at 225 E. Second Ave. in Escondido, for an undisclosed price. Built in 1994, the property was 95 percent leased at the time of acquisition. The major tenant is Graybill Medical Group. Tucker Hohenstein, Dan Tate and Terry Jackson of Cushman & Wakefield’s Carlsbad, Calif., office represented the seller, Escondido Medical Arts Association, in the transaction.
ELLICOTT CITY, MD. — Philadelphia-based Grosvenor Investment Management and Bethesda, Md.-based Rockledge Realty Partners have acquired a three-story, 40,000-square-foot medical office building in Ellicott City, from North Ridge Business Trust, for an undisclosed amount. The joint venture will reposition the property through a medical office condominium conversion and upgrade the lobby, common areas, landscaping and elevators. The building houses a 13,180-square-foot surgery center with four operating rooms, operated by Ambulatory Surgical Centers. The property is located at 2850 North Ridge Rd., near Howard County General and St. Agnes hospitals.