ROHNERT PARK, CA—A division of Marcus & Millichap, San Ramon, CA-based Meridian Property Co. has welcomed its newest tenant, Petaluma Health Center to the medical office building at 5900 State Farm Dr. The company will occupy the entire second floor, or 34,813 square feet.
Meridian COO, John Pollock, tells GlobeSt.com that “Concurrent with the tenant improvements for Petaluma Healthcare Center, Meridian will begin a capital upgrade project that will include lobby upgrades and better patient way finding and more visible monument signage as well as a landscape refresh and upgrades to the building systems.”
He adds that “this is a great example of a provider taking advantage of a larger contiguous space to establish a patient-centered medical home that is close to their patients, which will foster a collaborative approach to the delivery of care, resulting in better outcomes and greater patient satisfaction.”
According to Pollock, “there are several drivers that will increase demand for healthcare in the Sonoma area including the recent opening of Craton Casino and the forecasted creation of thousands of new jobs related to its daily operation; the planned redevelopment of the former State Farm campus into a mixed-use project that will provide much needed housing and create additional jobs; and the implementation of the Affordable Care Act and the expansion of Medi-Cal, which is expected to increase demand for primary care services.”
Petaluma Health Center joins existing tenant Kaiser Permanente and brings the medical office space to 100% capacity. Meridian purchased the property in March of this year. “Meridian is actively pursuing opportunities throughout the Bay Area that will meet the needs of providers as they look to expand their footprints and gain additional market share,” Pollock tells GlobeSt.com.
Petaluma Health Center’s Rohnert Park facility is expected to serve 5,000 patients in the first year with the potential of 15,000 in subsequent years. Services will include medical, dental, mental health, substance abuse, integrative medicine, pharmacy, optometry, and enrollment workers to assist uninsured individuals enroll in health insurance. Over 5,000 existing patients of Petaluma Health Center currently live in Rohnert Park or Cotati and commute south to the center’s main campus on North McDowell.
“Making services more accessible will lead to better health outcomes for our patients and the community,” says Petaluma Health Center’s CEO, Kathie Powell. “Rohnert Park has one of the highest rates of individuals in Sonoma County who are eligible for publically subsidized health insurance but are not enrolled.”
Scott Peterson of INDE Architecture will be designing the building. A general contractor has not yet been revealed. Petaluma Health Center has a target opening date of Spring 2015. Petaluma Health Center will be seeking donations and grant funding for approximately $2.5 million of the $5 million capital campaign budget.