Newmark has recently listed the San Joaquin Valley Healthcare Campus, a 42.4-acre development site in Stockton that is fully entitled for a hospital and medical office complex. This project marks the first greenfield hospital entitlement in San Joaquin County in over six decades.
The listing is being exclusively advised by executive managing director Garth Hogan and senior managing directors Mike Zylstra and Justin Grilli on behalf of Gill Capital Group and doctors Jasbir and Param Gill, who successfully secured the entitlement for this project. The approvals are already in place for an acute care hospital with up to 150 beds.
According to Hogan, this healthcare campus will be a game-changer for Stockton’s healthcare industry as well as surrounding areas. With high demand for both hospital beds and comprehensive healthcare services, this project presents an excellent investment opportunity within Stockton’s commercial real estate market.
This article was originally published on Connect CRE.
