SAN DIEGO — The Vista Hill Foundation has purchased a 12,000-square-foot medical office building, located at 8910-8912 Clairemont Mesa Blvd. in San Diego, for its new main corporate office. Gina Coldani of NAI San Diego represented the buyer in the $1.95 million transaction, and Capital Growth Properties’ John Drummond and Greg Wagner represented the seller, The Dossett Group.
SUGAR LAND, TEXAS — Healthcare Trust of America has purchased the 60,300-square-foot Sugar Land Medical Building II from an undisclosed party for $12.4 million. The Sugar Land property is located in close proximity to Methodist Sugar Land Hospital, St. Luke's Hospital and Sugar Land Medical Center. Sugar Land Medical Building II is fully leased; Texas Children's Hospital occupies the majority of the space.
SAN ANTONIO — Inland Western Retail Real Estate Trust has sold an 80,000-square-foot, Class A medical office building to an undisclosed buyer for $10.85 million. The San Antonio property was built in 2005 and is fully leased to Coventry – First Health. Craig Tomlinson of Stan Johnson Co. represented both parties in the transaction.
CAMP PENDLETON, CALIF. — The new $24 million Wounded Warrior Barracks at Marine Corps Base Camp Pendleton has opened in San Diego County. The two-story, 66,000-square-foot facility features 100 semi-private suites for men and women of all ranks and includes gaming areas, computer alcoves, outdoor athletic facilities, therapeutic gardens and nature trails. Barnhart Balfour Beatty was the builder, and Cass, Sowatsky, Chapman & Associates of San Diego was the project architect.
FORT MYERS, FLA. — Construction is nearly complete on the 54,000-square-foot Gulf Coast Medical Park, a medical office development in Fort Myers. MK Construction is developing the property, which includes The Lee Memorial Health System's Wound Care Center, a facility for The Colorectal Institute and various pediatric offices. The project is 90 percent complete.
DOWNERS GROVE, ILL. — ASA Properties LLC and Chicago-based Stage Equity Partners LLC are planning to convert 1001 West 31st Street into a Class A medical office building, leveraging on the building’s proximity to Advocate Good Samaritan Hospital. Located in Downers Grove, the two-story, 49,265-square-foot building offers floor plates of approximately 20,600 square feet. Additionally, the property offers more than 5,000 square feet of lower-level conference/training center and cafeteria space.
OCALA, FLA. — Longwood, Fla.-based Cotter-Ryan Commercial will build a 35,500-square-foot ambulatory surgery center in Ocala for SSV LLC. The $3.5 million, five-building property will be built in phases on US 441. The first phase, which consists of 8,000 square feet, will start in April.
ST. LOUIS COUNTY, MO. — Bethesda Health Group has selected St. Louis-based Paric Corp. to lead a $15 million expansion project at its South St. Louis County campus. The project includes a 64,000-square-foot addition to the existing campus on Telegraph Road. The campus offers multiple levels of care, including rehabilitation, therapy and adult daycare services. Gray Design Group provided architectural services for the project, which is scheduled for completion in early 2011. Engineering services were provided by Civil Engineering Design Consultants, KPFF Consulting Engineers and G&W Engineering Corp.
PHOENIX — Marcus & Millichap has brokered the $5.5 million sale of the approximately 81,332-square-foot North Valley Medical Plaza located at 3811 E. Bell Road in northeast Phoenix. The brokerage firm’s Steve Gonzalez represented the sellers, Snowflake Holdings LLC and Phoenix North Star Limited Partnership, in the transaction; the buyer was 3811 Bell Medical Properties LLC. Constructed in 1993, North Valley Medical Plaza is located on the Paradise Valley Hospital Campus.
WACO, TEXAS — Lillibridge and Seavest have completed the 59,000-square-foot Office Building II at Hillcrest Baptist Medical Center in Waco. The three-story property, which houses physician practices and services, is located near the Women's & Children's Center. The two companies developed the 107,000-square-foot Office Building I on the campus last year.