MedicAlert Foundation has put its Turlock building, located at 2323 Colorado Ave., up for sale, as the building is now too large for their current operation.
The 37,764 square-foot building was built in 1980 and includes an office building, detached shop, apartment building, and parking lot. It is listed for sale for $4.55 million.
MedicAlert representatives confirmed that the building is for sale, citing that the current building is excessive for their operation.
“We are doing this as our current property and office space is no longer suitable to our business needs,” said Senior Director of Marketing Justin Noland. “We feel that the space we currently own and occupy is excessive in comparison to our operations.”
MedicAlert has downsizing recently, most notably cutting 31 of 90 jobs in January of this year.
Despite the sale of the property, Noland ensured that MedicAlert, which was established in 1956, is not leaving the Central Valley.
“MedicAlert has no current plans to leave the area,” said Noland. “We expect the property sale to take place within 18-24 months. When the current property is sold, we will then begin looking for more suitable office quarters for our current staff of approximately 60 employees.”
Downsizing the building also will not affect MedicAlert’s future growth plans either, as they see changes in technology as the future of their business.
“In today’s climate and with the changes in technology, our long-range growth plans will not equate to additional physical space,” said Noland.
The MedicAlert Foundation is most known for the medical ID bracelets, but also sell necklaces, sports bracelets, and arm bands, among other items, all of which have medical information used by emergency responders in medical emergencies.
For more information on the listing, click here.