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4/17/26
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Compass Capital Investments purchased RB Medical Plaza, a 72k sf medical office property in San Diego, for $18.25 mil ($254/sf). The property is located at 11770 Bernardo Plaza Ct, south of Rancho Bernardo Rd on the east side of I-15.
The two-building property is occupied by a diverse mix of medical tenants, including dermatology, urology, pain management and chiropractic services. Originally built in the 1980s, the property was remodeled in 2023.
Located directly off I-15, the property benefits from strong visibility and accessibility and is surrounded by walkable retail amenities and healthcare providers. The property is also approximately 2.6 miles from Palomar Medical Center, a 124-bed acute-care hospital.
CBRE’s Matt Pourcho, Anthony DeLorenzo and Chris Bodnar represented the seller, Bernardo Court MOB LLC, in the transaction.
“RB Medical Plaza offers this buyer a fantastic condo map conversion, which is their business plan,” said Pourcho, Executive Vice President at CBRE. “The combination of freeway visibility, strong medical tenancy, and favorable market fundamentals made this a compelling condo map play in one of San Diego’s most established healthcare corridors.”
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