CUPERTINO — El Camino Hospital has purchased an workplace constructing from a farming firm in a deal that provides the well being care companies supplier a foothold alongside a busy avenue in Cupertino.
The medical agency paid $10.4 million for an workplace constructing at 19400 Stevens Creek Boulevard in Cupertino, in accordance with paperwork filed on June 2 with the Santa Clara County Recorder’s Workplace.
Yuki Farms bought the constructing to El Camino Hospital, which has occasionally purchased properties because it prepares for future development.
Individually, lately, El Camino Hospital launched a wide-ranging improve of its girls’s well being and maternity services at its massive medical campus in Mountain View.
The just-bought Cupertino workplace constructing totals about 20,100 sq. toes, in accordance with the LoopNet industrial database service.
Every ground within the two story constructing is barely over 10,000 sq. toes.
It wasn’t instantly recognized what El Camino Hospital’s intentions are for the workplace constructing, which is of a measurement that might accommodate medical workplaces.
El Camino Hospital’s new property holding is on a stretch of Stevens Creek Boulevard that’s dotted with outlets and eating places.
A number of blocks to the east, Apple occupies a number of massive workplace buildings, together with two in Cupertino and one in Santa Clara. Apple’s spaceship headquarters campus in Cupertino is lower than two miles away.
El Camino Hospital has purchased different properties lately.
In 2016, the hospital group paid $23.4 million for 15.8 empty acres close to the nook of Santa Teresa Boulevard and San Ygnacio Avenue.
In 2014, El Camino Hospital purchased some medical workplace buildings close to its Los Gatos well being companies campus.
