Thank you for sharing!

Your article was successfully shared with the contacts you provided.

RANCHO SANTA MARGARITA, CA-Developer StoneCreek Co.’s newly completed 50,000-square-foot Claremont Medical Plaza is 85% preleased in anticipation of a February opening, according to CB Richard Ellis brokers who have the leasing assignment for the new class A medical office building. The two-story building is on the corner of Monte Vista Avenue and Claremont Boulevard in Claremont at 1601 Monte Vista Ave.

Pomona Valley Hospital will be the anchor tenant at the new facility and will occupy 35,000 square feet, taking the majority of the first floor as well as a portion of the second, reports the CBRE team of John Oien, Cynthia Hllywa and Natalie Bazarevitsch. The three represent StoneCreek Co. in the leasing of the property. Terms of the lease were not disclosed, but the value is estimated at more than $17 million.

According to Clayton M. Corwin, president of StoneCreek, Pomona Valley’s lease with the developer/owner of the property is a long-term deal. He says that the new medical building will house the hospital’s Pomona Valley Health Center at Claremont. The health center will include urgent care, primary care, imaging, physical therapy and cardiac rehabilitation, along with a sleep disorder center and a community health care meeting facility.

The CBRE leasing team reports that the balance of space has been leased or is in active lease discussions, including a pharmacy and other complementary medical uses. The project was designed by Ware Malcomb Associates of Irvine, CA, with Lusardi Construction Co. of San Marcos, CA as the general contractor.

The new medical plaza is LEED-registered and is seeking Silver LEED certification. It will be among the first LEED-certified projects in Claremont, as well as one of the first LEED-certified medical facilities in California.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.