April 26, 2018
Newport Beach, CA-based Real Estate Development Associates, LLC (REDA) completed the development of Newport Heights Medical Campus, a 59,978-square-foot medical center in the Santa Ana Heights area of Newport Beach. The campus consists of two Class A buildings. Building One, located at 20350 Birch St., is 18,303 square feet; and Building Two, located at 20360 Birch St., is 41,675 square feet.
The property, which is set to open in July, is already 65% leased, with deals pending to bring it more than 95% leased. Major tenants for the buildings include the UC Irvine Health, Starpoint Health, California Foot and Ankle Institute and Goretti Ho Taghva, MD, Inc. The remainder of the space is being targeted for an urgent care facility and pharmacy.
REDA’s Jason Krotts says, “This property fills a need in this area of Newport Beach, which is lacking for options for patient services.”
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