News Release: Fairfield Advisors announces sale of Citracado Medical Plaza in Escondido, CA

$21,850,000 Transaction

Citracado Plaza Medical Office Building located at 625 W. Citracado Parkway in Escondido, Calif. (Photo courtesy of Fairfield Advisors)

(Denver, CO. and San Diego, CA. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Citracado Plaza Medical Office Building located at 625 W. Citracado Parkway in Escondido, California.  The medical building totals 47,654 square feet and was built in 2007.  The anchor tenant in the 100% occupied building is Rady’s Children’s Hospital along with local, well-established physician groups.

“There remains a strong demand for these types of high-quality Medical Office Buildings.”,  said Greg Trainor, Managing Partner with Fairfield.  “Fairfield worked closely with the seller of this Medical Building to enable them to take advantage of the market conditions.  These types of Medical Buildings are drawing significant interest from a wide range buyers”.

Fairfield Advisors has closed on over $302,000,000 of HealthCare Real Estate transactions.

ABOUT FAIRFIELD ADVISORS

– Fairfield Advisors is a national Advisory firm that provides a wide range of Capital Advisory solutions for the HealthCare Real Estate marketplace

Fairfield Advisors works directly with owners of HealthCare Real Estate for the sale of assets as well as sourcing capital for Debt, Equity, and Development.

Fairield Advisors works directly with Capital Sources to manage highly targeted campaigns to increase Deal Flow based on specific criteria such as geography, tenancy, and deal size

www.fairfieldadv.com / gregt@fairfieldadv.com / (720) 984-9113

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