SAN DIEGO – Construction is now complete on San Ysidro Health Center clinic and urgent care center in the San Diego submarket of Chula Vista. The 46,016-square-foot center is located at 678 3rd Street. It is scheduled to open for patients this December.The building was originally purchased by San Ysidro Health Center last March for about $12 million. It underwent extensive renovations to accommodate three of the health center’s satellite clinics. They include Chula Vista Family Clinic, Otay Family Health Center and South Bay Family Urgent Care Center. The new space has also allowed the health center to expand its community health services. It now offers behavioral health and dental services, as well as ancillary services like digital X-rays.Construction was completed by Consolidated Contracting Services. Boulder & Associates served as the project architect.
SAN DIEGO – Construction is now complete on San Ysidro Health Center clinic and urgent care center in the San Diego submarket of Chula Vista. The 46,016-square-foot center is located at 678 3rd Street. It is scheduled to open for patients this December. The building was originally purchased by San Ysidro Health Center last March for about $12 million. It underwent extensive renovations to accommodate three of the health center’s satellite clinics. They include Chula Vista Family Clinic, Otay Family Health Center and South Bay Family Urgent Care Center. The new space has also allowed the health center to expand its community health services. It now offers behavioral health and dental services, as well as ancillary services like digital X-rays. Construction was completed by Consolidated Contracting Services. Boulder & Associates served as the project architect.
WARWICK, R.I. — Seavest Healthcare Properties LLC has completed the new $13.9 million, 62,724 square-foot Kent Ambulatory Services Pavilion in Warwick, about 15 miles south of Providence. The facility is located at 455 Toll Gate Road on the campus of Kent Hospital, part of the Care New England Health System. It houses a 31,000-square-foot ambulatory surgery center and medical office space for physicians. White Plains, N.Y.-based Seavest Properties III healthcare real estate fund owns the building, which is leased to Kent Hospital. The Washington, D.C., office of Trammell Crow Co. developed the building for Seavest. Steffian Bradley Architects of Boston designed the facility. Providence-based Dimeo Construction Co. was the general contractor.
MYRTLE BEACH, S.C. — A joint venture between MedSouth Healthcare Properties LLC and Sterling Fox Group LLC has acquired Market Commons Medical, a 20,000-square-foot, two-story medical office building in Myrtle Beach. The Class A office building houses multiple tenants, including DaVita Dialysis.
ALISO VIEJO, CALIF. — Aliso Viejo Medical Center, a 27,192-square-foot medical office building in South Orange County, has sold to a private equity fund for an undisclosed sum. The Class A building is located at 24502 Pacific Park Drive in Aliso Viejo. Kaiser Permanente serves as the center’s main tenant. It signed a five-year lease renewal this past August. The buyer was represented by Guggenheim Realty Group. The seller, Accretive Realty, was represented by Garth Hoganand Todd Perman ofNewmark Grubb Knight FrankGlobal Healthcare Services. They worked in conjunction with Richard Bland of Cornish & Carey Newmark Knight Frank.
BALTIMORE — NexCore Group LP, a national healthcare real estate developer, has completed a $24 million outpatient facility in Baltimore. The facility, the Angelos Medical Pavilion, is located on the campus of Saint Agnes Hospital, which recently underwent a $200 million renovation and expansion. The four-story, 85,800-square-foot Angelos Medical Pavilion is part of the campus expansion. The new facility houses physician office space, clinic space and hospital programs such as the Saint Agnes Cancer Institute and the Saint Agnes Cardiovascular Institute.
ALISO VIEJO, CALIF. — Aliso Viejo Medical Center, a 27,192-square-foot medical office building in South Orange County, has sold to a private equity fund for an undisclosed sum. The Class A building is located at 24502 Pacific Park Drive in Aliso Viejo. Kaiser Permanente serves as the center’s main tenant. It signed a five-year lease renewal this past August. The buyer was represented by Guggenheim Realty Group. The seller, Accretive Realty, was represented by Garth Hoganand Todd Perman of Newmark Grubb Knight Frank Global Healthcare Services. They worked in conjunction with Richard Bland of Cornish & Carey Newmark Knight Frank.
WEST CHESTER, OHIO — TriHealth and Duke Realty have broken ground on the 48,910-square-foot Group Health Medical Office – West Chester in suburban Cincinnati. Indianapolis-based Duke Realty will develop, own and manage the facility, located at 8040 Princeton Glendale Road in West Chester, about 20 miles north of Cincinnati. The design of the facility will be based on a medical home model, which includes practices and services that are in close proximity and shared spaces such as check-in/check-out and administration. The design is intended to minimize the amount of time patients need to move around the facility for care, according to Jerry Oliphant, executive vice president and COO of Cincinnati-based TriHealth. GBBN Architects is designing the facility. The medical office building development is slated for completion by September 2014.
LOS ANGELES – A pair of Southern California medical office portfolios has received $240 million in refinancing. A five-building portfolio in the Golden Triangle district of Beverly Hills received a seven-year, $176.5 million loan. Itcontains medical office and retail properties. A three-building portfolio spread throughout Southern California received a five-year, $63.5 million loan. The Golden Triangle Collection contains a total of 233,980 square feet near Cedars-Sinai Medical Center and UCLA Medical Center. The latter portfolio contains a total of 194,253 square feet. The assets are located in Sherman Oaks, Santa Clarita and La Jolla. Financing was secured by Reid McGlamery and Michael Zietsman of Jones Lang LaSalle, who worked on behalf of G&L Realty. Both loans were supplied by U.S. Bank.
LOS ANGELES – A pair of Southern California medical office portfolios has received $240 million in refinancing. A five-building portfolio in the Golden Triangle district of Beverly Hills received a seven-year, $176.5 million loan. Itcontains medical office and retail properties. A three-building portfolio spread throughout Southern California received a five-year, $63.5 million loan. The Golden Triangle Collection contains a total of 233,980 square feet near Cedars-Sinai Medical Center and UCLA Medical Center. The latter portfolio contains a total of 194,253 square feet. The assets are located in Sherman Oaks, Santa Clarita and La Jolla. Financing was secured by Reid McGlamery and Michael Zietsman of Jones Lang LaSalle, who worked on behalf of G&L Realty. Both loans were supplied by U.S. Bank.