Client References
Oroville Hospital Expansion
Oroville Hospital Expansion – Oroville, California
We leased and owned 40 percent and our staff physicians leased and owned 60 percent of the space in the Medical Office Building we selected Landmark to develop 19 years ago.
Construction lenders were unwilling to underwrite our lease for 40 percent of the space because our Hospital faced significant financial challenges at the time our Medical Office Building was placed under development.
Landmark obtained an 80 percent loan guarantee from the U.S. Department of Agriculture to solve our underwriting problem.
Our positive experience with Landmark 19 years ago resulted in our decision to select Landmark to develop our new 158,000 square foot Medical Complex.
President and CEO
University Of Florida Health Jacksonville – Jacksonville, Florida
Landmark executed the plans for our mixed-use Medical Office Building to perfection.
The exterior design of our new building is spectacular from all angles, with interior spaces that are beautiful and highly functional. The design award of the Jacksonville Chapter of the American Institute of Architects is well deserved.
The work Landmark is performing as our on-site property manager is first rate, and the financial benefits we receive from the no-cost ownership interest Landmark distributed to us will significantly reduce the rent for the space we leased in the Medical Office Building.
The successful development of our new Medical Office Building marks a true turning point for University of Florida Health and the UF Health Jacksonville Hospital. We place great value on our relationship with Landmark.
President [ Retired ]
Our Lady Of Lourdes Regional Medical Center – Lafayette, Louisiana
We closed our 250-bed downtown hospital and developed a 186-bed replacement hospital in the suburbs. The financial benefits our staff physicians received from the no-cost ownership program of Landmark helped persuade them to move from their downtown offices to the Medical Office Building Landmark developed next to our replacement hospital.
Landmark leased 88 percent of the space in our Medical Office Building before construction was completed, and 97 percent of the space is now under lease. All the tenants in our building are very pleased with the performance of the on-site property manager of Landmark.
President and CEO (Retired)
Raritan Bay Medical Center – Old Bridge, New Jersey
We selected another national developer of outpatient buildings and one year later none of our physician office space was under lease, the equity and debt financing were not in place and none of the important development issues were resolved.
Our hospital asked Landmark to pick up the pieces of our failed development effort, and our Medical Office Building was placed under construction eight months later — with 90 percent of the physician office space preleased and all the development issues resolved.
Working with Landmark has been a very positive experience. Landmark is the best.
President and CEO (Retired)
Mount Sinai Medical Center – Miami , Florida
The developer selection process for our 103,728 square foot Physician Office Building and 491-car parking structure included an evaluation of comprehensive proposals we received from leading developers and multiple meetings with shortlisted developers.
We selected Landmark because Landmark was the best fit for Mount Sinai.
The tight bayfront site on our campus that was available to Landmark required Landmark to develop a portion of the Physician Office Building on top of the parking structure. The innovative design solution of Landmark produced a combination structure that is attractive and efficient.
Chief Executive Officer