San Diego, Calif., (January 19, 2015) – Brandon Keith, Senior Vice President of Voit Real Estate Services’ San Diego office successfully directed the $3.45 million sale of a 27,648 square-foot office building in San Diego, on behalf of GTF Properties. The buyer, Activity MOB, LLC, is affiliated with Oasis Medical Center, which is operated by Dr. James and David Chao, according to Keith.
“The property was specifically improved over 20 years ago for Sharp Rees Stealy’s Urgent Care and general medical offices, so we always believed the best user would be in the medical field,” commented Keith. “The sale is another good example of solid activity from medical users in the market place, who typically invest substantial money in their facilities and who would prefer to own as a result.”
The property is located at 8901 Activity Road in San Diego.
About Voit Real Estate Services
Voit Real Estate Services is an 11 office commercial real estate firm that, through its brokerage and real estate management professionals working together, provides strategic property solutions tailored to clients' needs. Combining more than 40 years of expertise in brokerage, investment advisory, financial analysis, market research, real estate management and tenant advisory, Voit provides clients with forward looking strategies that create value for their assets and portfolios.
Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 64 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $42.5 billion in brokerage transaction volume. Further information is available at www.voitco.com.
Contact: Brandon Keith, Voit Real Estate Services, 858-458-3326, or bkeith@voitco.com.