Oasis Healthcare Heart. Picture courtesy of Greenbridge Funding Companions
After a three-year redevelopment course of, Greenbridge Funding Companions has opened Oasis Healthcare Heart, a forty five,000-square-foot, Class A medical workplace constructing in Tarzana, Calif. The corporate acquired the asset in 2014 for $5.6 million from Lazar-Ducot Associates, CommercialEdge knowledge reveals.
Greenbridge began the property’s ground-up renovation in 2020, which reportedly value $4.5 million. Architectural agency Harley Ellis Devereaux redesigned the constructing into an open air complicated.
The 2-story constructing, initially accomplished in 1982, presently options an open-air foyer atrium, outside seating, open-air walkways and hallways, filtration programs and up to date facilities, as acknowledged in ready remarks by Sean Hashem, principal with Greenbridge. The property additionally provides valet parking and 4,000 sq. toes of ground-floor area for restaurant use. Lee & Associates Managing Director Scott Romick, alongside Affiliate Eugene Kim, are dealing with leasing on the property.
Oasis Healthcare Heart is positioned at 19500 Ventura Blvd., 22.4 miles from downtown Los Angeles, on the nook of Shirley Avenue and Ventura Boulevard. Different medical amenities within the surrounding space embody Kaiser Permanente Woodland Hills Medical Heart and Dignity Well being-Northridge Hospital Medical Heart. The Windfall St. Joseph and Cedar-Sinai redevelopment challenge, slated for completion this 12 months, is 1.8 miles away.
In late 2022, a Beverly Hills medical workplace constructing, initially accomplished in 1991, landed $20 million in refinancing. The property is 11 miles from downtown Los Angeles.
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