News Release: Duke Realty to develop a 37,000-square-foot MOB in Southern California

The two-story medical facility, located in the Canyon Country neighborhood of Santa Clarita, will be 100% leased by Facey Medical Group, an affiliate of Providence Health and Services

Duke Realty will develop the 37,000-square-foot Facey Medical MOB in Santa Clarita, Calif., which is about 33 miles northwest of Los Angeles. The facility is expected to be completed in June 2018. (Rendering courtesy of Duke Realty)

SANTA CLARITA, Calif., and INDIANAPOLIS, April 26, 2017Duke Realty, an Indianapolis-based commercial real estate developer, announced that it will break ground early this summer on a two-story, 37,000-square-foot, off-campus medical office building (MOB) on 3.85 acres on the south side of Soledad Canyon Road in the Canyon Country neighborhood of Santa Clarita, which is about 33 miles northwest of Los Angeles.

The MOB will be owned by Duke Realty and has been 100 percent preleased by Facey Medical Group, an affiliate of Providence Health and Services, a not-for-profit Catholic health system serving communities across seven states, including California.

“We are pleased to begin developing a new, larger medical facility so that we can expand the services we offer area residents,” says Dr. Fredrick Russo, President of Facey Medical Group. “With this new modern building, we will be able to relocate the Facey Clinic currently at 17909 Soledad Canyon Road, plus add much-needed services in a convenient and accessible site.”

Keith Konkoli, Duke Realty Executive Vice President, Healthcare, noted, “While Duke Realty has developed a number of industrial properties in Southern California, we are really excited to expand our healthcare footprint to include this dynamic market. We are also pleased to work for the first time with Facey Medical Group, a multispecialty physician group that provides high-quality, compassionate medical care to its patients.”

The architect for the project will be Boulder Associates, which has offices in California, Colorado and Texas, and the general contractor will be Irvine, Calif.-based Snyder Langston. The MOB is expected to be completed in June 2018.

About Facey Medical Group

Facey Medical Group is a multispecialty physician group that operates 11 clinics, including two urgent care centers and two full-service eye centers, in Northern Los Angeles County and Ventura County. Founded in 1923, Facey’s 183 physicians and their support staff care for the 170,000-plus patients who visit Facey clinics each year. From 2009 through 2016, readers of both the Los Angeles Daily News and the Santa Clarita Signal voted Facey the best medical group in the region. Facey is also recognized by California Association of Physician Groups as one of 20 “Elite Performer” medical groups in Southern California.

About Duke Realty

Duke Realty is a national commercial real estate company specializing in the ownership, management and development of medical office properties, complemented by a large portfolio of industrial assets. Duke Realty (NYSE:DRE) owns, maintains an interest in or has under development 139 million square feet of space in more than 21 top-tier markets nationwide.

The healthcare segment of Duke Realty’s portfolio totals more than 6.7 million square feet, and includes properties ranging from medical office buildings to rehabilitation facilities and from ambulatory care centers with diagnostics, oncology and surgery services to one of the nation’s largest cancer centers. Duke Realty also has on-staff a team of healthcare professionals who are well-versed in the unique demands of medical providers and have proven experience in providing hospitals and physician groups comprehensive planning, development, ownership and facility management services. More information about Duke Realty’s healthcare real estate capabilities is available at www.dukerealty.com/healthcare. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.

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