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PACE providers are expanding in Los Angeles, and it is helping to drive medical office leasing activity. WelbeHealth has signed a new lease at with Meridian at Cotton Medical Center, an 115,000-square-foot property adjacent to Huntington Memorial Hospital in Pasadena, to expand its current services. The lease is part of an ongoing expansion for the provider, which has applied to be a PACE provider for Pasadena, Glendale and Burbank.

“We are very excited to partner with a healthcare provider specializing in PACE. Part of our mission and vision at Meridian is to provide greater access to care at a more affordable cost, and the PACE program aims to do exactly that,” Mike Conn, SVP at Meridian, tells GlobeSt.com. “PACE provides seniors with a more affordable care option than a skilled nursing facility and allows them to remain independent at home while taking care of their basic needs in a lower acuity setting during the day. The shift to move care to more affordable out-patient settings is here to stay, and we want to be a big part of that moving forward.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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