Monday, November 14, 2011

Accretive Realty Advisors Inc. Selects Grubb & Ellis For Three Medical Office Property Assignments



 NEWPORT BEACH, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced that Accretive Realty Advisors Inc. selected members of its Healthcare Properties Group to lease two buildings totaling more than 111,000 square feet of medical office space in Aliso Viejo and Fullerton, as well as sell three medical office condos at an adjacent property in Fullerton.

 Garth Hogan (top right photo), senior vice president and co-leader of the Healthcare Properties Group, will market the properties in conjunction with John Scruggs (lower left photo), associate.  

 The leasing assignment includes Providence I Medical Center, a nearly 84,000-square-foot building located at 1950 Sunnycrest Drive.  The three-story building that was constructed in 2007 is roughly 75 percent leased and has space available ranging in size from 1,200 to 11,482 square feet. 

The team will also sell three condos at the adjacent Providence II Medical Center, a 30,000-square-foot building located at 1955 Sunnycrest Drive.

 The two-story medical office condo building was constructed in 2008 and has 8,360 square feet available for purchase.  The two properties are located in the Sunny Hills community of Fullerton and are easily accessible via the 57 and 91 freeways.

 “A short walk to the award-winning St. Jude Medical Center, the Providence I and II medical office buildings are the premiere location for physicians, medical groups and dental professionals in Fullerton,” said Hogan.

 Hogan and Scruggs will also serve as the leasing agents of 24502 Pacific Park Drive, a four-story, 30,000-square-foot building in Aliso Viejo.  The building has approximately 1,500 square feet of space currently available on the first floor.  Originally constructed in 1987, the building was renovated and upgraded in 2011.

 For more information, call 949.608.2000. 

Contact: Julia McCartney, Phone: 714.975.2230                                     
Email: julia.mccartney@grubb-ellis.com          

1 comment:

  1. This is really good to know, it is also very knowledgeable. I have been looking for office properties to rent recently.

    ReplyDelete