BOARD FAVORS OFFICE OPTION HOSPITAL PLANS TO BUY BUILDING.Byline: KAREN MAESHIRO Staff Writer LANCASTER Lancaster, city, England Lancaster (lăng`kəstər), city (1991 pop. 43,902) and district, county seat of Lancashire, NW England, on the Lune River. - Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming. The Antelope Valley Hospital plans to buy a four-story medical office building that was built for the hospital three years ago by a Chicago-based firm. The $20.3 million facility, built on the hospital grounds under a lease arrangement with a firm called Citadel Properties Lancaster LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , cost the hospital hundreds of thousands of dollars in its first months because of low occupancy, but now the majority of the building has paying tenants and it is no longer losing money, officials said. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a good indication that this is a great investment for the hospital," hospital spokeswoman Jackie Weder said. The hospital board at Wednesday's meeting approved a resolution authorizing the staff to proceed with the purchase. No price has been determined. The 89,000-square-foot building houses the hospital radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease. center on the first floor, and offices for doctors on the second and third floors. The hospital also has several offices and programs there, including the Sexual Assault and Response Service, the education program, and the information technology department. The Antelope Valley Cancer Center also is located there. Former hospital director Steve Fox Steve Fox may refer to:
Other hospital board members complained at the time that some of the floors were slanted slant v. slant·ed, slant·ing, slants v.tr. 1. To give a direction other than perpendicular or horizontal to; make diagonal; cause to slope: . Currently, 16 percent of the building is unoccupied, Weder said. More than 56 percent is occupied by paying tenants, 21 percent by hospital departments, and nearly 7 percent of the space has been committed to new tenants. The radiology center was built under a construction plan developed by the previous administration headed by ousted CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mathew Abraham and approved by the board in July 2001. The project was financed as an "off-balance sheet" transaction as a way to preserve the hospital's cash, with Citadel putting up the money to build the building, records show. Hospital officials at the time said the hospital would lease the building for a number of years and then purchase it at the end of the lease. karen.maeshiro(at)dailynews.com (661) 267-5744 |
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