Napa Medical Center
Category: Medical Office Buildings
Napa Medical Center is a two-building medical office building portfolio located on the campus of the 191-bed Queen of the Valley Medical Center, the only full-service hospital in Napa, California. The approximately 65,000-square-foot portfolio was 88 percent leased at the time of acquisition to 20 tenants, the largest of which are St. Joseph Heritage Healthcare and Clinic Ole Community Health. The only institutional-quality medical office buildings on or near the hospital campus, Napa Medical Center has enjoyed $3.3 million in renovations since 2011 and provides the REIT with potential upside on new and renewal leasing.