{"id":1004609299,"date":"2022-10-31T04:25:35","date_gmt":"2022-10-31T12:25:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004609299"},"modified":"2022-12-08T17:52:57","modified_gmt":"2022-12-09T01:52:57","slug":"pmb-tops-out-orange-county-medical-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-orange-county-medical-office-building\/","title":{"rendered":"PMB Tops Out Orange County MOB"},"content":{"rendered":"<div id=\"attachment_1004609304\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004609304\" data-attachment-id=\"1004609304\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-orange-county-medical-office-building\/topping-out-ceremony\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg\" data-orig-size=\"1068,801\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Topping out ceremony\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Topping out ceremony of Helen Caloggero Women&#8217;s &#038; Family Center. Image courtesy of PBM&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg?w=1024\" class=\"wp-image-1004609304 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Topping-out-ceremony-e1666959093172.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004609304\" class=\"wp-caption-text\">Topping out ceremony of Helen Caloggero Women&#8217;s &amp; Family Center. Image courtesy of PBM<\/p><\/div>\n<p><strong>PMB<\/strong>, in partnership with <strong>Providence St. Joseph Hospital<\/strong>, has topped out Helen Caloggero Women\u2019s &amp; Family Center in Orange, Calif. <strong>Harrison Street<\/strong> is the capital partner for this project, while <strong>Siemens<\/strong> and <strong>Capital One<\/strong> provided the financing.<\/p>\n<p>PMB <a href=\"https:\/\/www.commercialsearch.com\/news\/pmb-to-develop-137-ksf-orange-county-mob\/\">broke ground<\/a> on the 137,000-square-foot medical office building in 2021.\u00a0The development team includes <strong>Boulder Associates<\/strong> as project architect and <strong>Snyder Langston<\/strong> as general contractor. Completion is expected in the fourth quarter of 2023.<\/p>\n<p>The four-story medical facility will house a mother and baby assessment center, maternal diabetes and wellness, pelvic health and rehabilitation, but also comprehensive imaging, urology, orthopedics and ophthalmology. Amenities will include conference and education rooms, a pharmacy, a retail Stork Shop and a Blue Bowl Superfoods outlet, as well as an underground parking garage. <strong>PBM Real Estate Services<\/strong> will serve as property manager, while PMB and <strong>Madison Marquette<\/strong> will oversee all leasing activity.<\/p>\n<p>Located at 363 S. Main St. within the Providence St. Joseph Hospital campus, Helen Caloggero Women\u2019s &amp; Family Center is\u00a01 mile from downtown Orange and 30 miles from Los Angeles. Other medical facilities and hospitals in the surrounding area include UCI Medical Center, Garden Grove Hospital and Medical Center and Orange County Global Medical Center.<\/p>\n<h2>Medical offices in Orange County<\/h2>\n<p>Helen Caloggero Women\u2019s &amp; Family Center will be a welcome addition to Orange County\u2019s medical office space inventory. According to CommercialEdge data, the county&#8217;s supply adds up to some 13.5 million square feet, with more than 1.6 million square feet located in Orange.<\/p>\n<p>The county has seen 19 medical office buildings, totaling approximately 1.3 million square feet, change hands since the beginning of the year, the same data provider shows. In February, Lionstone Investment paid $125 million for <a href=\"https:\/\/www.commercialsearch.com\/news\/lionstone-investments-picks-up-orange-county-mob-for-125m\/\">Newport Lido Medical Center<\/a>, a 146,510-square-foot property in Newport Beach, Calif.<\/p>\n<p>More recently, CBRE Investment Management, in partnership with Healthcare Realty Trust, purchased a portfolio of <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-im-pays-135m-for-orange-county-mobs\/\">four medical office buildings<\/a>, totaling 282,683 square feet, in Mission Viejo, Calif. The assets sold for $134.8 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 137,000-square-foot project is slated for completion in the fourth quarter of 2023.<\/p>\n","protected":false},"author":2829,"featured_media":1004609304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,22251,21754,21742,21747,34267,15],"tags":[33139,44141,33671,36278,36515],"class_list":["post-1004609299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-in-focus","category-medical-office","category-latest","category-office","category-orange-county","category-west","tag-capital-one","tag-harrison-street","tag-madison-marquette","tag-medical-office-building","tag-siemens"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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