A joint venture between RevOZ Capital and Sudweeks Development and Investment Co. is planning to build a pre-leased, build-to-suit medical office building in San Bernardino. The building is 100% leased to the County of San Bernardino for 15 years.
The single-story facility will house San Bernardino County's Children's Department of Behavioral Health. It totals 11,325 square feet. SDIC has developed over $50 million of similar projects in Southern California's Inland Empire since 2018.
The property is located in an opportunity zone, and the developers say that it is an example of how opportunity zone projects are benefitting underserved communities.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Kelsi Maree Borland
