The Abbey Co. bought the 83,980-sf Fletcher Parkway medicalofficebuilding at 8881 Fletcher Parkway in the suburb of La Mesa.The $11.3-million purchase adds some diversity to therehabspecialist's portfolio, says Robert B. Albrecht, directorofacquisitions for Abbey. The other three San Diego Countyproperties bought by Abbey areshopping centers, including the LaMesa Village Station, he adds.
"We¹re making a big push in San Diego," Albrecht tellsGlobeSt.com, addingthat he is moving his office south from OrangeCounty to be closer to themarket. "The timing is right for us toexpand down there."
Abbey Co. represented itself in the deal on the medicalcomplex,which is 85% occupied. Albrecht says he is looking for moretenants andcould opt to expand its new acquisition because of itsproximity toGrossmont Hospital.
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