Sutter Health unveiled a $1-billion plan to construct a flagship campus in Emeryville with the goal of expanding patient access across the East Bay region. A cornerstone of the expansion is the newly acquired, 12-acre Emery Yards at Horton and 53rd streets, which was developed by Biomed Realty and which will serve as a key healthcare destination.

Spanning 1.3 million square feet at full buildout, the Emeryville campus will feature a regional destination ambulatory care complex and a new medical center with an initial capacity of up to 200 beds and room for future expansion.

“Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade and is part of our broader vision to meet the community’s growing demand for expanded access to our services across the East Bay footprint,” said Warner Thomas, president and CEO of Sutter Health.   

CBRE arranged the sale of a 49,805-square-foot warehouse and cold storage facility from Multiple Organics to a Sutter Health entity. Kevin Hatcher and Austin Hinder of CBRE represented the seller. Terms of the sale were not disclosed.

Located at 200 Linus Pauling Dr. in Hercules, the property features 7,700 square feet of office space, six dock doors, four grade level doors, 22’ clear height, 2,000 amps of power, and 8,000 square feet of cooler. The buyer, Sutter Health, is an integrated, not-for-profit system that provides access to high quality, affordable care.

“Industrial assets have been the most sought-after product type even amid rising interest rates and capital constraints,” said Hatcher. “Well-located, highly functional industrial assets like 200 Linus Pauling Dr. rarely become available in the East Bay and the property’s proximity to life science, research and development companies like Bio-Rad Laboratories strengthens the region’s talent ecosystem.”