Word that Venture Corp. would build structures suitable for
medical offices, laboratories and, possibly even a surgical center,
spread rapidly, according to Robert Eves, the company
’s president.
Word that Venture Corp. would build structures suitable for medical offices, laboratories and, possibly even a surgical center, spread rapidly, according to Robert Eves, the company’s president.
“We haven’t done any promotion at all,” Eves said Friday. “I never called a doctor; they found us. No one wants to be a tenant anymore – they want to own their offices.”
Eves said the company tries to make it as easy as possible for physicians to buy into the project, a goal made easier by low-interest rates.
Costs in the Venture Commerce Center, the non-medical small business space, vary but a spaces range from 2,662 square-feet (1,207 in office space and 1,455 in “flex” area suitable for manufacture or more offices) at $539,900 to 4,883 square-feet at $869,900.
Eves said the professional buildings are already designed to meet any codes required by a surgical center.
The buildings must provide a two-hour fire wall between the surgical center and the remainder of the facility (a wall constructed to keep fire on one side for two-hours). It must have a separate HVAC (heating, ventilation and air conditioning) system with highly effective filtration system and it must have a free-standing power generation system so, in case of a power outage, the generator would kick in within five seconds.
Venture Corp. offers 90 percent financing with a minimum of 10 percent down.
“But we’ll go higher (financing) if needed,” Eves said.
Venture Corp. also offers a lease-to-own program for companies that want to own real estate but aren’t quite ready to buy. Because of recent low interest rates, the reality of owning a business condominium is well within reach of many, Eves said.
The Venture Professional Center was designed by architect Ware Malcomb of Irvine. Eves said the venture’s website (below) will soon add the Morgan Hill Ranch project to that of Hercules.
Eves, though he lives in Marin County said he is happy to be part of Morgan Hill – the 350-acre Ranch is the largest business park in the Silicon Valley area. It was his $750,000 donation that jump-started the about-to-open aquatics center. He said Mayor Dennis Kennedy had talked with such enthusiasm for years about such a center – originally planned for the business ranch land – that he gave the city the price of the land developed into industrial use instead of recreation.
Information and pictures will be up on the websites within a few weeks, Eves said.
Details: www.morganhillranch.com/ Business condos: www.VentureCommerceCenter.com and medical condos: www.VentureProfessionalCenter.com
