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Long-vacant building to get medical tenants.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 31-MAY-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Long-vacant building to get medical tenants.(Real Estate & Housing)

Article Excerpt
Byline: DEVELOPMENT REPORT By Joe Harwood The Register-Guard

A $2 million speculative office building constructed almost eight years ago in central Eugene - but never occupied - is finally on its way toward finding tenants.

Last month, an investor group tied to Orion Medical Services LLC bought the long-vacant 22,800-square-foot office at 74-B Centennial Loop for $1.3 million, according to deeds on file with Lane County.

Jim Cobb, president and CEO of Eugene-based Orion, said a multi-specialty ambulatory surgery practice will occupy about 7,000 square feet of the building.

Orion will rent out the remainder of the building for medical office uses.

Orion is a West Coast developer of outpatient surgery centers. The company also provides management and...

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