Mission Viejo, CA
Total Investment: $241.2 Million
GLA: 550 Thousand SF
3.4% of Invested Dollars
9 Medical Office Buildings
Key Tenants / Affiliations:
Providence St. Joseph / Dignity
The Orange County/Greater Los Angeles area is a dynamic Southern California market and is the second largest MSA in the U.S. This area boasts some of the highest residential real estate values in the U.S. and is home to a highly affluent population. The healthy economic environment in Orange County features a low unemployment rate, with a median household income of $125,000 and 95% of the population having healthcare insurance. These demographics are the envy of hospitals across the country, ensuring predictable financial performance and long-term demand. The ideal geographical location, high quality of life and strong medical university system make this a destination location for highly skilled medical professionals.
HTA’s Orange County/Greater Los Angeles portfolio includes 9 medical office buildings with over 550,000 square feet of GLA. This portfolio is highlighted by four medical office buildings totaling over 262,000 square feet located directly on the St. Joseph Mission Hospital Campus. The campus is the area's only regional trauma center and, through a unique partnership with CHOC Children’s at Mission Hospital, is the only designated pediatric health care center in south Orange County. HTA recently expanded its presence in the market through the development of Providence Facey MOB completed in 2018.
Santa Clarita, CA
Santa Maria, CA
HTA will be hosting a conference call and webcast on Friday, April 26 at 12:00pm Eastern to report financials for Q1, 2019More Details