News: Brokerage

News Outside the Region: Duke Realty to develop 37,000 s/f medical facility

Santa Clarita, CA According to Duke Realty, it will break ground early this summer on a two-story, 37,000 s/f, off-campus medical office building (MOB) on 3.85 acres on the south side of Soledad Canyon Rd. in the Canyon Country neighborhood, which is about 33 miles northwest of Los Angeles.

The MOB will be owned by Duke Realty and has been 100% preleased by Facey Medical Group, an affiliate of Providence Health and Services, a not-for-profit Catholic health system.

“We are pleased to begin developing a new, larger medical facility so that we can expand the services we offer area residents,” says Dr. Fredrick Russo, president of Facey Medical Group. “With this new modern building, we will be able to relocate the Facey Clinic currently at 17909 Soledad Canyon Rd., plus add much-needed services in a convenient and accessible site.”

Keith Konkoli, Duke Realty executive vice president, healthcare, said, “While Duke Realty has developed a number of industrial properties in Southern California, we are really excited to expand our healthcare footprint to include this dynamic market. We are also pleased to work for the first time with Facey Medical Group, a multispecialty physician group that provides high-quality, compassionate medical care to its patients.”

The architect for the project will be Boulder Associates, which has offices in California, Colorado and Texas, and the general contractor will be Irvine, Calif.-based Snyder Langston. The MOB is expected to be completed in June 2018.

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