8530 La Mesa Blvd., La Mesa, CA 91942
After many years of 100% occupancy the property had 3 major tenants move out of the building in a short period of time. The Sellers agents, Brian Crepeau and Ken Robak, provided the Seller with the options of releasing the building or selling as an “Owner / User” or “Investment” opportunity. The result was 4 offers from Owner / Users with the winning offer at full asking from Family Health Care Centers of San Diego, Inc.
REPRESENTATION
Seller Representation:
Company Name: Pacific Coast Commercial
Broker Rep: Brian Crepeau & Ken Robak
Buyer Representation:
Company Name: Jones Lang LaSalle
Broker Rep: Kelly Moriarty & Chris Ross
SALE DETAILS
Property Type: Medical Office Building
Square Footage: 25,916
Sale Price: $8,422,700
Close of Escrow Date: 11/15/22
Seller Name: Magnolia Mar Properties, LP
Buyer Name: Family Health Care Centers of San Diego, Inc.
Escrow Company: Chicago Title Company
Title Company: Chicago Title Company
Financing: US Bank
Major Tenants: County of San Diego, Penchecks
CONTACT AGENTS FOR MORE DETAILS (619) 469-3600
BRIAN CREPEAU
Vice President - Brokerage & Asset Management
Direct (619) 572-9813
Lic. 01163628
KEN ROBAK
Executive Vice President
Direct (619) 666-4600
Lic. 01236527
10721 Treena Street, Ste 200, San Diego, CA 92131
www.PacificCoastCommercial.com | Lic. 01209930
Comments