Tri-City takes office building through eminent domain
“Tri-City Medical Center has taken possession of a medical office building on its main Oceanside campus using its eminent-domain powers.
The three-story, 57,000-square-foot facility is central to the public health care district’s efforts to attract more patients in an increasingly consolidated and competitive market.
Substantially completed in May 2013 but still without internal tenant improvements, the structure has since sat vacant as Tri-City and the Carlsbad-based Medical Acquisition Co. pursue dueling lawsuits. Amid the ongoing litigation, Tri-City has received court permission to take over the building.
Tim Moran, Tri-City’s new chief executive, said Tuesday that the property is ready for leasing.
“We want to fill it with doctors — probably a combination of primary care and specialty care. We see family medicine practices as anchor tenants,” Moran said.
But interested physicians will have some work to do. At present, the building is what’s known in real estate as a “warm shell.” It has all of the shared amenities installed — from elevators and plumbing to utilities and air-handling equipment — but no internal walls or final finishes.”
Sisson, Paul. U-T San Diego 24 September 2014.