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“60% Leased at Redeveloped Tarzana MOB”

"60% Leased at Redeveloped Tarzana MOB"

Located at 19500 Ventura Blvd., this open-air medical complex in Tarzana has recently undergone a $5-million transformation, resulting in a top-notch medical professional building. The ground floor and part of the second floor have been leased out, bringing the current lease-up rate to over 60%. Brokers Scott Romick and Eugene Kim from Lee & Associates LA/North Ventura represented Greenbridge Investment Partners, the landlord, for these two latest transactions.

The new tenants include United Medical Doctors who will occupy approximately 20,000 square feet and a pharmacy taking up 2,000 square feet. Phyllis Palin from Enzo Equities acted as representative for United Medical Doctors.

According to Sean Hashem of Greenbridge Investment Partners: “This project offers an improved and more efficient way of delivering healthcare services to residents.” He also added that when they started this project several years ago they saw potential for increased demand in the market which led them to create a unique development unlike any other available in Tarzana.

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