{"id":1004744173,"date":"2025-01-23T05:07:44","date_gmt":"2025-01-23T13:07:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004744173"},"modified":"2025-01-23T05:07:46","modified_gmt":"2025-01-23T13:07:46","slug":"pmb-tops-out-san-diego-area-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/","title":{"rendered":"PMB Tops Out San Diego-Area MOB"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004744183\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/480-h-st-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\" data-orig-size=\"1000,750\" 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=\"480 H St.\" data-image-description=\"&lt;p&gt;Exterior rendering of the three-story medical office building that has a white exterior and multiple signs on in, including the owner\u2019s name. &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The three-story facility will provide advanced healthcare including primary and specialty care, urgent care, physical therapy, radiology, cardiology, neurology and laboratory services. Image courtesy of PMB&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\" alt=\"Exterior rendering of the three-story medical office building that has a white exterior and multiple signs on in, including the owner\u2019s name. \" class=\"wp-image-1004744183\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">The future Sharp Rees-Stealy facility will provide advanced health-care services and also include ground-floor retail space. <em>Image courtesy of PMB<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>PMB and Sharp Rees-Stealy have topped out the 75,000-square-foot medical outpatient building at 480 H St. in Chula Vista, Calif., a San Diego submarket. The development team includes HGW as architect and Pacific Building Group as general contractor. Completion is expected later this year.<\/p>\n\n\n\n<p>Project partners also feature Solaris Community Capital as new market tax credit consultant, Chase New Markets Corp. as civic community partners and Border Communities as new market tax credit lenders.<\/p>\n\n\n\n<p>Located in South San Diego, the facility is taking shape on more than 15 acres within walking distance of downtown Chula Vista, while downtown San Diego is 9 miles northeast. Other medical providers in the area include Scripps Mercy Hospital and the Sharp Chula Vista Medical Center.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-real-estate-trends-to-watch\/\">Why the Medical Outpatient Sector Is Poised for Growth in 2025<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Upon delivery, the three-story medical facility will provide advanced health care including primary and specialty care, urgent care, physical therapy, radiology, cardiology, neurology and laboratory services. Additionally, the building will comprise ground-floor retail space, including a pharmacy and a caf\u00e9. <\/p>\n\n\n\n<p>The property will also include a 127,000-square-foot parking structure with 375 stalls. The low-rise will have a second-floor pedestrian bridge connected to the parking structure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-san-diego-mob-sector-holds-steady-despite-rising-vacancies\">San Diego MOB sector holds steady, despite rising vacancies<\/h2>\n\n\n\n<p>Only 135,884 square feet of medical office space were under construction in metro San Diego in the third quarter of last year, according to a Cushman &amp; Wakefield report. The figure represented 0.9 percent of the market&#8217;s inventory. Meanwhile, the medical office overall vacancy rate clocked in at 7 percent, up 40 basis points year-over-year. <\/p>\n\n\n\n<p>In August, Turner Impact Capital\u2019s Healthcare Facilities Fund <a href=\"https:\/\/www.commercialsearch.com\/news\/turner-impact-capital-lands-29m-for-san-diego-mob\/\">received a $29.1 million loan<\/a> for a 64,231-square-foot medical office building in Chula Vista, Calif. The borrower will use the funds to convert the mid-rise and another one in Costa Mesa, Calif., into modern medical facilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The facility is set to come online later this year.<\/p>\n","protected":false},"author":3355,"featured_media":1004744183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21754,21742,1608,15],"tags":[52052],"class_list":["post-1004744173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-medical-office","category-latest","category-san-diego","category-west","tag-pmb"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PMB Tops Out San Diego-Area MOB - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"PMB and Sharp Rees-Stealy have topped out the 75,000-square-foot medical outpatient development at 480 H St. in Chula Vista, Calif.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMB Tops Out San Diego-Area MOB\" \/>\n<meta property=\"og:description\" content=\"PMB and Sharp Rees-Stealy have topped out the 75,000-square-foot medical outpatient development at 480 H St. in Chula Vista, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-23T13:07:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-23T13:07:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/\",\"name\":\"PMB Tops Out San Diego-Area MOB - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\",\"datePublished\":\"2025-01-23T13:07:44+00:00\",\"dateModified\":\"2025-01-23T13:07:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"PMB and Sharp Rees-Stealy have topped out the 75,000-square-foot medical outpatient development at 480 H St. in Chula Vista, Calif.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pmb-tops-out-san-diego-area-mob\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/480-H-St-1.jpg\",\"width\":1000,\"height\":750,\"caption\":\"The three-story facility will provide advanced healthcare including primary and specialty care, urgent care, physical therapy, radiology, cardiology, neurology and laboratory services. 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