PASADENA, Calif., May 13, 2009 – San Diego-based healthcare real estate developer, Pacific Medical Buildings (PMB), will open a new medical office building this summer on the campus of Huntington Memorial Hospital.
PMB was chosen by Huntington to develop the project when it wanted to build additional medical office and outpatient services space for a women’s center, full-service oncology, imaging and an ambulatory surgery center. Located at 625 Fair Oaks Avenue in Pasadena, Calif., the 190,000 square foot Huntington Pavilion is the first new outpatient services building to be developed on the hospital’s campus in more than 20 years.
“We are pleased PMB responded to the need for additional medical office space in Pasadena and developed the Huntington Pavilion,” says Bernadette Merlino, Vice President Ambulatory Service Line Development, Huntington Hospital. This building’s close proximity to Huntington Hospital allowed us to place our outpatient services under one roof. PMB has partnered with us to create an atmosphere that will contribute to the outstanding experience we want for our patients.”
The multi-level building is a combination of three and four-story elements featuring twin lobbies and a six-story, 700-space parking structure. Construction started in fall 2007 and the expected completion date is July 1, 2009.
“We’re proud of the new Huntington Pavilion and were grateful for the opportunity to develop additional medical office space for a highly regarded hospital like Huntington Memorial,” says James Rohan, Senior Vice President, Development at PMB. “Because the facility is located on one of the busiest intersections in Pasadena, it truly serves as a new gateway to the Huntington campus.”
Along with physician practices, the hospital is a major tenant in the building. The facility is currently 65 percent leased with an additional 15 percent of the space under negotiation.
About Huntington Memorial Hospital
Huntington Hospital is proud of its history of providing advanced, accessible and affordable healthcare to the people of the San Gabriel Valley. Today Huntington Hospital has 636 beds, 900 staff physicians and dentists, more than 3,000 employees, and more than 800 in-service volunteers. Huntington Hospital provides full-service, state-of-the-art medical care and community services to individuals throughout the San Gabriel Valley and beyond. In addition, advanced research and treatment centers, and a teaching affiliation with the University of Southern California Keck School of Medicine, ensure that Huntington Hospital remains at the forefront of medical diagnosis and treatment.
PMB specializes exclusively in the development and management of medical office buildings, outpatient facilities and parking structures for hospitals, medical groups and universities. PMB was formed when the senior executives of American Medical Buildings acquired the West Coast division in a management buyout; the newly-formed company was named PMB. For more than 37 years, PMB’s executives have led the industry in the development and management of medical care buildings, with 75 healthcare facilities constructed to date throughout the Western United States. The firm currently owns and manages more than 30 facilities totaling more than 2.5 million square feet, and has 12 more facilities under development that will total 750,000 square feet with 2,000 structured parking stalls. The total value of the firm’s development projects exceeds $250 million. The San Diego-based firm also has offices in Honolulu; Los Angeles; Phoenix; Vancouver, Wash.; Portland, Ore.; and Nevada.
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