ESCONDIDO, Calif. – January 7, 2025 – CBRE’s Lars Eisenhauer and Dan Henry arranged the $36.4 million sale of Valley Parkway Health Center in Escondido, Calif. Neighborhood Healthcare acquired the 72,000-square-foot Class A medical office building located at 488 East Valley Parkway.
Eisenhauer and Henry represented the seller, and Chris Ross and Ben Schiesl of JLL represented the buyer.
“This sale highlights the strong demand for well-located, high-quality medical office assets,” said Eisenhauer, senior vice president at CBRE. “Neighborhood Healthcare’s acquisition of the asset is a strategic investment that expands their ability to deliver essential healthcare services in a modern, state-of-the-art environment.”
Positioned along Valley Parkway, the four-story multi-tenant facility offers convenient access to Interstate 15 and State Route 78. Building features include an ambulatory surgery center, an endoscopy center, an on-site pharmacy and cardiology lab services.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
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