New John Muir Health Medical Facility at the Historic Rossmoor Shopping Center, Walnut Creek, CA – Long-term lease signed
Rossmoor, CA (February 11, 2020) – Rossmoor Retail Partners, LLC is pleased to announce that John Muir Health recently signed a long-term lease to build a new, state-of-the-art medical facility at Rossmoor Shopping Center. A welcome addition to the newly renovated retail and mixed-use center, the 11,711 square foot medical office facility will include multiple exam rooms, physical therapy space and lab services. Moving from its current location at 1220 Rossmoor Parkway, the newly built facility is scheduled to open in late 2020.
The new location is across the street from John Muir Health’s current clinic and provides convenient access and ample parking. With many other services available in the recently redeveloped Rossmoor Shopping Center, it also offers one-stop shopping for patients. “John Muir Health is committed to caring for the Tice Valley/Rossmoor community and surrounding areas. We’re excited to be able to offer patients high-quality care and a range of services in a healing environment in our new space,” said Laura Kazaglis, vice president, practice operations, John Muir Health.
John Muir Health is one of several new tenants at the Rossmoor Shopping Center including a new CVS with drive-through, new Starbucks with drive-through, Salons by JC, BurgerIM and many others. The revived center is dotted with plazas for friends and family gatherings, hundreds of new trees, lush plantings, bike racks; beautiful, eco-friendly lighting, highly accessible parking, electric car chargers and more.
“We’re pleased to add John Muir Health to our dynamic tenant-mix. We have created a modern-day mixed-use credit tenant redevelopment that is internet proof and one that will thrive along with online retailing,” said Terrence Tallen, principal, Tallen Capital Partners, one of the property’s owners, along with Citivest, and co-managing member of Rossmoor Retail Partners, LLC. “The new John Muir Health lease further underscores our commitment to establish the Rossmoor Shopping Center as the centerpiece of the community and to serve the needs of the Rossmoor Retirement Community as well as all residents and visitors to greater Walnut Creek,” said Mr. Tallen.
James Chung and Nicole Lyon of Cushman & Wakefield represented Rossmoor Retail Partners and Trent Barmby of JLL represented John Muir Health.
About Tallen Capital Partners, LLC
Tallen Capital Partners, LLC, is a privately held, vertically integrated, real estate investment, development and asset services company. Tallen Capital Partners, LLC, specializes in repositioning retail and mixed-use properties and invests in value add properties throughout the Western US. The firm is led by Terrence Tallen, a 30-year veteran in retail real estate industry and one of the San Francisco Bay Area’s leading retail acquirers, investors and developers. Prior to founding Tallen Capital Partners, Terrence served as a principal and senior executive with several of the largest public and private real estate organizations in the United States. Follow Terrence Tallen: https://tallencapital.com | https://www.facebook.com/terry.tallen.716 | https://www.linkedin.com/in/terrence-terry-tallen-87774a11b/ | https://twitter.com/TPTallen1
Citivest is a full-service real estate investment company specializing in adding value and achieving excellent returns for its investors through strategic acquisitions, ground-up development, and property repositioning, including renovation, leasing, and management improvements. Dwight Belden, chief operating officer directs the operational and transactional activities of the firm’s projects with more than 30 years of development and investment experience in the Western United States.
About John Muir Health
John Muir Health is a nationally recognized, not-for-profit health care organization east of San Francisco serving patients in Contra Costa, eastern Alameda and southern Solano Counties. It includes a network of more than 1,000 primary care and specialty physicians, nearly 6,000 employees, medical centers in Concord and Walnut Creek, including Contra Costa County’s only trauma center, and a Behavioral Health Center. John Muir Health also has partnerships with UCSF Health, Tenet Healthcare/San Ramon Regional Medical Center and Stanford Children’s Health. The health system offers a full-range of medical services, including primary care, outpatient and imaging services, and is widely recognized as a leader in many specialties – neurosciences, orthopedic, cancer, gynecologic surgery, cardiovascular, trauma, emergency, pediatrics and high-risk obstetrics care.
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