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| Kellie Hill |
LOS ANGELES, CA, Nov. 20, 2020 – JLL announced today that it has been hired to assist the owner to lease and reposition the five building, 674,000-square-foot St. Vincent’s Medical Center campus in Los Angeles, California. The campus was purchased from Verity Health in April 2020 by Dr. Patrick Soon-Shiong.
The
campus includes:
- St. Vincent’s Medical
Center, a 391,000-square-foot
hospital building located at 2131 W. 3rd Street. After shuttering in
January, the hospital building was leased by the State of California to
serve as the Los Angeles Surge Hospital for patients infected
with COVID-19 as well as researching the progression of the disease. The
lease to the State of California expired September 30th.
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| St. Vincent’s Medical Center Campus, Downtown Los Angeles, CA |
- 2200 W. 3rd Street, a
46,273-square-foot Class A, medical office building.
- 2222 Ocean View Avenue, a
34,449-square-foot medical office and life science building.
- 201 S. Alvarado Street, 110,003-square-foot medical and
administrative office building.
- 262 S. Lake Avenue, a 92,927-square-foot residential building.
- More than 1,300 parking
spaces throughout, including
surface lots, a six-level parking structure and multiple subterranean
garages.
 |
| Chris Isola |
JLL’s Chris Isola, Bryan Lewitt, Tony Morales and Kellie Hill are overseeing leasing at the campus.
Currently the campus can
immediately accommodate office or medical office users ranging from 10,000 to
over 600,000 square feet.
There
are immediate opportunities in the 2200 W. 3rd Street medical
building for providers seeking space from 1,000 square feet and up.
Other
potential uses for the campus include healthcare, media/technology, post-acute
care, rehabilitation, oncology, transitional care, behavioral health and social
services, housing, life science, biotech, clinical research and higher
education.
“The St. Vincent’s Medical
Center campus is one of Los Angeles’ premier properties that will help boost
the region’s economy and strengthen its position in the medical and life
science industries,” said Chris Isola, JLL Executive Vice President.
 |
| Bryan Lewitt |
“The 7.5-acre campus presents a rare opportunity for a company to position itself as a market leader and attract highly skilled professionals in a competitive workforce environment.”
St. Vincent’s Medical
Center campus is ideally located in Downtown Los Angeles’ Westlake
district just minutes from the US-101 and SR-110 Freeways, providing
convenience access to neighboring communities throughout greater Southern
California.
About
JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.
JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.
 |
| Tony Morales |
JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020.
JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
Contacts:
Kristen
Murphy
Senior
Manager
Public Relations
Investor Services
JLL
One
Post Office Square, Suite 3500
Boston,
MA 02109
T
+1 617 848 1572
M
+1 617 543 4873
David Ebeling
Phone: 949 861 8351
Email: david@ebelingcomm.com
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