El Camino Health has snapped up a high-visibility office building at the corner of Lawrence Expressway and East Duane Avenue in Sunnyvale, paying about $19.3 million for the site. The two-story building at 595 Lawrence Expressway, a familiar landmark along a heavily traveled commuter route, is currently home to small medical and educational tenants. The deal is the latest signal that the Mountain View-based hospital system is quietly locking in more space for outpatient and specialty care around the South Bay.
Purchase logged in county filings
Public documents show the sale was recorded earlier this month with the Santa Clara County Recorder’s Office, with a price tag of roughly $19.3 million, according to The Mercury News. The transaction officially hit the books on April 8, although El Camino Health has not yet gone public with any detailed plans for the property.
Another move in a broader expansion play
The Sunnyvale buy folds into a broader real estate push by El Camino…..