Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JLL Income Property Trust has acquired Genesee Plaza, a two-building medical office property in San Diego, for $90 million. The property traded hands below replacement cost. The name of the seller was not disclosed.

Located in University Town Center near the University of San Diego and Scripps Hospital Campuses, Genesee Plaza is near major highway systems and has strong surrounding daytime foot traffic from local businesses.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.