LPC West acquires California medical office building — 3 insights

LPC West acquired an Atascadero, Calif.-based medical office building situated on more than 100,000 square feet of land.

Here's what you should know:

1. The medical office building is three stories tall and is by Sutter Health Mills-Peninsula Hospital, also in Atascadero.

2. LPC West is planning a multimillion dollar renovation of the building, remodeling the lobby, courtyards and common corridors, as well as the building's interior and exterior.

3. The building is currently 85 percent leased. Tenants include Palo Alto, Calif.-based Lucile Packard Children's Hospital, Sacramento, Calif.-based Sutter Health, Denver-based DaVita Dialysis Clinic and Sutter Health's Mid-Peninsula Endoscopy Center.

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