SAN DIEGO – San Diego Commercial Real Estate Firm, The Heritage Group, facilitated an $7.65M sale for Lomas Santa Fe Group, a local family office based in Solana Beach. The Buyer was the Moss Group, a family-owned and operated property development and management company based in Los Angeles.
Dan McCarthy and Kyle Clark, senior directors of The Heritage Group, represented the seller in this transaction.
The 16,486 square foot medical office building is located 145 Thunder Drive, Vista, CA 92083. The asset is adjacent to Tri-City Medical Center, an acute-care hospital with over 700 physicians and 60 specialties. The strategic location provides intrinsic value to the property and medical users. The building was constructed in 1984 and has been 100% leased by United Health Group (formerly Cassidy Medical Group) since that time.
“We are pleased to facilitate the trade of this outstanding medical asset, to the Moss Group, as a long-term investment for their portfolio,” said Dan McCarthy.