Continental Medical Plaza
Continental East Fund IV, LLC
Continental East Development (CED) purchased a +$7,000,000 non-performing construction loan from Central Pacific Bank of Hawaii in November 2009. The asset securing the loan included two nearly completed medical office buildings located in Murrieta, CA. CED successfully completed a foreclosure and launched plans to finish the medical building. Continental Medical Plaza (CMP) now features two state of the art Class A medical buildings.
The +38,000 square feet of medical and professional office complexes are located in the heart of the Murrieta Golden Triangle Medical Community. Continental Medical Plaza is conveniently located between the I-15 and I-215 freeways on Murrieta Hot Springs Road in Murrieta.
The development boasts many amenities to its list of attributes along with its prime location. Continental Medical Plaza is located directly across the street from Rancho Springs Medical Center. CMP serves as the regional headquarters of Radnet, a national publicly held imaging firm, the largest owner and operator of fixed diagnostic imaging equipment in the U.S. and Visiting Nurses of Southern California, a leading home health, palliative and hospice service provider. Continental Medical Plaza is also the headquarters of Continental East Development and Continental Regional Center.
For additional details, contact Al Rattan, President.