The 45,277 square foot Marin Cancer Institute in Greenbrae, Calif., recently hit the market. It is 100 percent leased by the county’s only acute care hospital.
Photo courtesy CBRE
Hospital campus facility is in California’s ‘wealthiest’ county, Marin
Name: Marin Cancer Institute
Address: 1350 South Eliseo Dr.
City: Greenbrae, Calif.
Number of buildings: 1
Square feet: 45,277
Occupancy: 100%
Tenant: Marin General Hospital
Lease expiration: 2028
Brokers: Lee Asher, Chris Bodnar, Seth A. McKinnon
Brokerage firm: CBRE
GRENBRAE, Calif. – In November, residents in Marin County, Calif., let their votes convey how they feel about Marin General Hospital in Greenbrae.
By more than a two-thirds majority, residents passed a bond measure to raise nearly $400 million to help pay for a $500 million rebuild of the campus, which will include a replacement hospital, a 100,000 square foot ambulatory services building and two new parking structures.
The project, expected to be underway in 2015, is not only needed to bring the facility into compliance with the state’s seismic safety standards, but also, according to supporters, to maintain Marin General’s competitiveness and to allow it to accommodate the latest in technology for years to come.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
