San Diego Business Journal

Three Health Care Properties Sold for $146.1 Million

Friday, February 10, 2012

Carmel Medical Office LLC of Chicago has purchased three health care-related properties in San Diego for $146.1 million. The seller was Kilroy Realty Corp. of Los Angeles, represented by brokers at HFF, according to CoStar Group data reported Feb. 8.

The transaction closed on Jan. 31. The deal included a 150,801-square-foot Class A medical building at 15004 Innovation Drive in Carmel Mountain Ranch; a 102,875-square-foot Class B building at 10243 Genetic Center Drive in Sorrento Mesa; and an adjacent parking structure at 6513 Sequence Drive.

The Innovation Drive building was constructed in 2008 and is fully leased by Scripps Clinic.

— Lou Hirsh