Posted: Wednesday, October 28, 2009
Pacific Medical to Build MOBs in Orange County, SD, East Bay
Pacific Medical Buildings will break ground in November on an 88,000-square-foot medical office building for the St. Jude Heritage Medical Group in Yorba Linda, CA. Additional MOBs is scheduled to get under way in San Diego and Castro Valley in 2011.
In addition to primary care and multi-specialty medical offices, the Yorba Linda facility, which will be jointly owned by physician investors and St. Jude, will house imaging and urgent care centers.
The building is one of three new MOBs and a parking structure the San Diego-based company will build in California over the next couple years.
The other two projects are scheduled to start in 2011, a 60,000-square-foot building and 320-space parking structure developed in conjunction with the Sharp Rees-Stealy Medical Group in San Diego, and an 80,000-square-foot medical office building in the San Francisco Bay Area community of Castro Valley on the campus of Sutter Health System's Eden Medical Center.
Sharp Rees-Stealy will be the sole occupant and owner in the San Diego project and Pacific Medical will construct, own and manage the Castro Valley development.
Article By: Randyl Drummer of the CoStar Group