|
|
4/05/18
|
Cypress West Partners LLC acquired Redhawk Medical Center, a 32.5k sf, multi-tenant medical office property in Temecula. The purchase was financed with $8 mil in acquisition financing.
Redhawk Medical Center is situated on 2.5 acres at 44272 George Cushman Court in Temecula, which is roughly equidistant between San Diego and Orange County. The medical office is proximate to the 140-bed Temecula Valley Hospital, which opened in 2013 and offers a comprehensive range of services.
The two-story building was completed in 2003 and is anchored by Vantage Oncology, which was recently acquired by the McKesson Corporation. The 95%-leased property is also home to a diverse range of tenants, including Pediatric Partners, California Imaging and Diagnosis, San Diego Fertility Center, New Point Wellness and Crescent Healthcare.
HFF’s Aldon Cole arranged the seven-year, non-recourse, floating-rate loan with a commercial bank.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
