INLAND EMPIRE HEALTH PLAN SIGNS NEW 207,000-SQUARE-FOOT HEADQUARTERS LEASE
Studley represents healthcare organization in relocation to Rancho Cucamonga, Calif.
Los Angeles, CA (December 27, 2012)
Inland Empire Health Plan (IEHP), a not-for-profit public health plan, has signed a new, 207,000-square-foot headquarters lease and will be relocating to The Atrium at Empire Lakes, 10801 Sixth Street, Rancho Cucamonga, Calif. The healthcare provider will occupy space on the first and second floors beginning Q2 2013, with some operations moving sooner. IEHP is relocating from San Bernardino, where it occupied four buildings, including its 68,000-square-foot owned headquarters.
The Studley team of Joshua Gorin, Steve Pisarik, Mark Sullivan and Roi Shleifer represented the tenant, along with Tom Pierik of Lee & Associates.
“We are so pleased with Studley and Lee and Associates’ joint effort on our behalf,” said Dr. Brad Gilbert, CEO of IEHP. “Their superior strategic planning, space analysis and real estate acquisition expertise resulted in an office environment that will work very well for our team members and our business going forward.”
“By consolidating multiple facilities into a single property—and one with large floor plates— IEHP is able to achieve real estate and cost efficiencies,” added Gorin.
The Atrium at Empire Lakes is a 427,883-square-foot, two-story building. There are nearly 1,900 parking stalls.
The landlord, Torchlight Investors/Kelly A. McLaren, was represented in the transaction by Phil Woodford, John Oien and Vindar Batoosingh of CB Richard Ellis.
IEHP, a public agency formed under the California Government Code, is a JPA for Riverside and San Bernardino counties under DHS Medi-Cal Managed Care and the Healthy Families Program.