New Building is Part of Santa Clarita Valley’s Largest Concentration of Medical Office Space Outside of the Hospital Campus
Los Angeles – CBRE announced the wall tilting of Tourney Place- Building 6, a 45,675 square-foot, three-story medical office building in Valencia, Calif.
This latest addition is part of the larger Tourney Plaza III, LLC project, which is comprised of 156,000 in six professional and medical office buildings. This is the third joint venture between JSB Development and McCombs Inc., a partnership since 2003, culminating in this final medical office property.
CBRE’s Craig Peters and Richard Ramirez are the leasing agents for the project.
The new building, at 27335 Tourney Road, is located adjacent to the UCLA Health medical center and represents the largest concentration of medical office space outside of the Henry Mayo Newhall Hospital campus. The typical floor size at the site is 15,225 square feet. The building is scheduled to be completed in Q2 2020.
The property sits directly across the street from the Valencia Country Club and within the prestigious Valencia Corporate Center; the Valencia Town Center, Henry Mayo Fitness and the 244-room Hyatt Valencia Hotel are in proximity. Tourney Place also offers easy access to I-5 Freeway at both Valencia Blvd and Magic Mountain Parkway.
“This is an ideal location for state-of-the-art medical office space,” said Peters. “We are surrounded by world-class amenities, and nearly 30 percent of the total medical space within the Santa Clarita Valley market is located on Tourney Road.” Added developer Jim Backer, “We are excited to go vertical. We look forward to finalizing the wall tilt and starting on the next phase of construction.”
The project is located within Valencia Corporate Center, an established commercial market with more than 25 million square feet of industrial, medical and office properties. The population within a 30-minute commute of Tourney Place is nearly 5 million, including residents in the Santa Clarita Valley, San Fernando Valley and Antelope Valley, according to CBRE research.
Los Angeles – CBRE announced the wall tilting of Tourney Place- Building 6, a 45,675 square-foot, three-story medical office building in Valencia, Calif.
This latest addition is part of the larger Tourney Plaza III, LLC project, which is comprised of 156,000 in six professional and medical office buildings. This is the third joint venture between JSB Development and McCombs Inc., a partnership since 2003, culminating in this final medical office property.
CBRE’s Craig Peters and Richard Ramirez are the leasing agents for the project.
The new building, at 27335 Tourney Road, is located adjacent to the UCLA Health medical center and represents the largest concentration of medical office space outside of the Henry Mayo Newhall Hospital campus. The typical floor size at the site is 15,225 square feet. The building is scheduled to be completed in Q2 2020.
The property sits directly across the street from the Valencia Country Club and within the prestigious Valencia Corporate Center; the Valencia Town Center, Henry Mayo Fitness and the 244-room Hyatt Valencia Hotel are in proximity. Tourney Place also offers easy access to I-5 Freeway at both Valencia Blvd and Magic Mountain Parkway.
“This is an ideal location for state-of-the-art medical office space,” said Peters. “We are surrounded by world-class amenities, and nearly 30 percent of the total medical space within the Santa Clarita Valley market is located on Tourney Road.” Added developer Jim Backer, “We are excited to go vertical. We look forward to finalizing the wall tilt and starting on the next phase of construction.”
The project is located within Valencia Corporate Center, an established commercial market with more than 25 million square feet of industrial, medical and office properties. The population within a 30-minute commute of Tourney Place is nearly 5 million, including residents in the Santa Clarita Valley, San Fernando Valley and Antelope Valley, according to CBRE research.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
