• .
    .

Transactions: Harrison Street acquires campus-adjacent MOB for $53.6M

The 75,000 square foot facility is next to the Palomar Medical Center in Escondido, Calif.

By John B. Mugford

Harrison Street Real Estate Capital recently acquired a three-story, 75,000 square MOB at 2130 Citracado Parkway in Escondido, Calif. (Photo courtesy of Level 10 Construction)

As we noted last week in HREI, there seems to a bit of a dearth when it comes to pricier medical office building (MOB) deals so far in 2021.

However, just as we reported on March 23 that LaSalle Investment Management’s $74.4 million recent acquisition of the 9033 Wilshire MOB in Beverly Hills, Calif., bucked that trend, this week we are reporting another significant deal.

According to information from real estate researcher Real Capital Analytics (RCA), Chicago-based Harrison Street Real Estate Capital recently acquired a three-story, 75,000 square MOB at 2130 Citracado Parkway in Escondido, about 35 miles north of San Diego.

The price was

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In