AmeriCare Health & Retirement has sold of Vista Medical Plaza, a multitenant medical office building totaling 54,703 square feet in the San Diego community of Vista, Calif., for $26.75 million.
The new owner is a partnership between Anchor Health Properties and The Carlyle Group.
Vista Medical Plaza is located at 2067 W. Vista Way in San Diego’s North County. The property is immediately adjacent to the 320-bed Tri-City Medical Center in a medical node that is heavily concentrated with healthcare tenants.
In 2016, Vista Medical Plaza underwent major renovations and building improvements to bring the building up to class A standards. The 87.6 percent–leased facility is home to a mix of national investment grade tenants and local and regional practices.
“We continue to see strong demand for healthcare properties, due to a lack of supply in the market coupled with an overflow of equity that has been allocated to healthcare from traditional asset cla
