PASADENA, CALIF. — San Diego-based Pacific Medical Buildings is opening Huntington Pavilion, a 190,000-square-foot outpatient services building at Huntington Memorial Hospital in Pasadena. Located at 625 Fair Oaks Ave., the multi-level building, which is a combination of three- and four-story elements, features twin lobbies and a six-story, 700-space parking structure. The building will house additional medical office and outpatient services, including a women’s center, full-service oncology, and imaging and ambulatory surgery center. Completion is slated for July.
SAN DIEGO — Stronghold Canyon Development LLC has acquired a 24,319-square-foot industrial/flex building in San Diego’s Scripps Ranch area. Located at 9885 Carroll Canyon Rd., the property, which features 5,000 square feet of office space, sold for $3.8 million. Jonathan Ferrini of Lee & Associates represented the buyer; Bill Dolan and Chris Pascale of CB Richard Ellis represented the seller, S.D. Canyon Road LLC, in the transaction.
SAN MARCOS, CALIF. — Newport National Corp. has developed Nordahl Medical Centre, a Class A, 55,450-square-foot medical condominium project located at 838 Nordahl Rd. in San Marcos. The three-story property offers for-sale and lease suites ranging in size from 1,000 to 55,450 square feet with floor plates of approximately 19,000 square feet. TSA Contracting Inc. served as general contractor for the project, which was designed by McArdle Associates Architects. Bank of America provided financing for the project.
KAPOLEI, HAWAII — CNL Lifestyle Properties has acquired Hawaiian Waters Adventure Park, located in Kapolei on Oahu, as part of a sale-leaseback transaction. CNL will lease the property to its previous owner, Melbourne, Australia-based Village Roadshow Limited, under a long-term agreement. First opened in 1999, the water park covers 29 acres and can accommodate 6,000 guests. It is Hawaii’s only water park and was acquired by Village Roadshow in 2008. This summer, the Village Roadshow plans to rename the theme park Wet ‘n’ Wild Hawaii. It will also open a second location for the brand in Phoenix.
LACEY, WASH. — First Industrial Real Trust has completed three distribution centers within First Park Meridian Campus, a 45-acre industrial park located at 9107-9225 Polaris Lane in Lacey. The buildings comprise two 130,500-square-foot distribution centers and one 198,000-square-foot bulk distribution center. All can accommodate a single- or multi-tenant occupancy. First Park Meridian Campus is a six-building, 780,350-square-foot industrial park. All of the buildings are designed to achieve LEED-Gold certification. Sustainable features include energy-efficient lighting and skylights, which come standard in every building. Other features include reflective roofing materials, low-flow fixtures, permeable surface materials, water-efficient irrigation systems, and preferred parking for carpoolers and hybrid vehicles. The project is being developed by FirstCal1, a development and repositioning joint venture between First Industrial and the California State Teachers’ Retirement System.
SAN DIEGO — Hendricks & Partners (H&P) has brokered the sale of Wilson Avenue Apartments, a 16-unit apartment community located in San Diego, for $1.59 million. Located at 4740 Wilson Ave., the property consists of a mix of one- and two-bedroom units. The community also includes seven garage spaces and 11 parking spaces. David Andrews of H&P’s San Diego office represented the buyer, Allen Weiss of Las Vegas. Weiss plans to complete an extensive rehabilitation of the property in order to raise rents to market levels. The seller was the Estate of Pietro Diotallevi of Reno, Nev.
WEST SACRAMENTO, CALIF. — Marcus & Millichap has arranged the sale of an eight-unit apartment building in West Sacramento for $350,000. The 6,800-square-foot building is located at 561 Pecan St. It consists of all two-bedroom units, and includes on-site laundry facilities and a security gate. Marc Guillon of Marcus & Millichap’s Oakland, Calif., office and Jesse Nickerman of the firm’s Sacramento office represented the undisclosed buyer. The seller was also disclosed.
SPARKS, NEV. — Coral Gables, Fla.-based Thomas D. Wood & Co. has secured a total of $3.96 million in financing for the Cal Linda Freeport flex buildings, located in Sparks. A $3 million loan was secured for 50-360 Freeport Blvd. and a $965,000 loan was secured for 1080 Linda Way and 250 Cal Lane. Both loans carry a 6.5 percent fixed interest rate and a 25-year amortization schedule. Steve Wood of Thomas D. Wood & Co. secured the financing, along with Tony Castrignano of Sky-Mesa Capital. The lender was StanCorp Mortgage Investors.
FONTANA, CALIF. — Kaiser Permanente is developing a new 341-bed hospital in Fonanta. Located at the southern end of the existing Kaiser Permanente Fontana Medical Center, the new hospital will replace the existing facility. The project includes a 481,000-square-foot hospital, a 50,000-square-foot hospital support building and a 23,000-square-foot central utility plant. The hospital will feature a cardiac surgery department, a 51-bed emergency department, pediatric and neonatal ICU, inpatient dialysis unit, pediatrics, ICU, labor and delivery, cardiac cath lab and surgery. The hospital support facility will feature medical offices, radiology, a pharmacy and a specialty clinic. HMC Architects is providing architectural services for the project, which is slated for completion in 2012.
PITTSBURG, CALIF. — David Silver, Nathan Blair and Casey Davis of Arroyo & Coates represented both undisclosed parties in the disposition and acquisition of Creekside Village Senior Apartments, an 88-unit senior-living apartment complex located near the intersection of Buchanan Road and Kirker Pass Road in Pittsburg. Built in 2004, the property features one- and two-bedroom units offering gas fireplaces, washer/dryers and walk-in closets. Additionally, the age-restricted community features a community center, a heated swimming pool and a spa.