San Diego
Rady Children’s Hospital purchased a two-story,28,600-square-foot medical office building at Ocean TerraceProfessional Center at 3605 Vista Way, in Vista, CA. Theacquisition price was not disclosed. CB Richard Ellis Inc.represented the seller, McMahon Development Group. Steve Rosetta ofCushman & Wakefield Inc. represented the buyer. The newfacility will provide multiple levels of pediatric care. Locatedapproximately one mile west of Tri-City Hospital, Ocean TerraceProfessional Center is a 10-building medical office projecttotaling 101,000 square feet. The recent building purchase bringsthe for-sale medical office condominium project to 85% sold withonly 15,000 square feet available.
Health Sciences High and Middle School has leased 31,301 squarefeet of office and classroom space at 3910 University Ave. in SanDiego from BR Workforce LLC. The property, leased for sixty monthsat $3.55 million, will be used for a charter school. The lessee wasrepresented by NAI San Diego. Colliers International representedthe lessor.
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