Located at 19500 Ventura Blvd., this open-air medical complex in Tarzana has recently undergone a $5-million transformation, resulting in a top-notch professional building for medical professionals. The ground floor and part of the second floor have been leased, with an impressive lease-up rate of over 60%. Scott Romick and Eugene Kim, principals at Lee & Associates LA/North Ventura, expertly represented the landlord Greenbridge Investment Partners 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 the representative for United Medical Doctors.
According to Sean Hashem from Greenbridge Investment Partners: “This project offers an efficient and effective way to provide healthcare services to residents.” He also added that when they first started this project several years ago they saw potential demand for medical facilities in the market which led them to create this unique development unlike any other available in Tarzana.