SAN DIEGO – TDA Investment Group of San Mateo, Calif., in recent months acquired an MOB located within a complex of three medical buildings across the street from Alvarado Hospital Medical Center in San Diego.
The firm closed on Alvarado Medical Plaza III, a three-story, 51,441 square foot MOB, for about $11.4 million, according to RCA. The seller of the property at 6719 Alvarado Road was AMP III LLC, an LLC headed by Dr. Jeffrey L. Rush, long-time chairman of the board of San Diego-based Pacific Medical Buildings. PMB was not an owner of the MOB, however the company provided management services for the facility.
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