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Newmark Lists Hospital Development Site in Stockton
Newmark has brought to market San Joaquin Valley Healthcare Campus, a fully-entitled hospital and medical office development site encompassing approximately 42.4 acres in Stockton. It’s the first greenfield hospital entitlement in San Joaquin County in more than 60 years.
Executive managing director Garth Hogan and senior managing directors Mike Zylstra and Justin Grilli are the exclusive advisors of the listing on behalf of Gill Capital Group and doctors Jasbir and Param Gill, who secured the entitlement, Approvals are in place for an acute care hospital of up to 150 beds.
“The San Joaquin Valley Healthcare Campus is a game-changer for healthcare in Stockton and the surrounding area,” said Hogan. “The demand for hospital beds and comprehensive healthcare services is at an all-time high, and this project is uniquely positioned to address this pressing need, representing a significant investment opportunity in the healthcare commercial real estate market in Stockton.”
- ◦Development
