SAN DIEGO – Cassidy Turley in Association with Accelerated Commercial Real Estate, reports strong leasing and sales momentum at CreekView Medical & Professional Office Park in Vista, with 15,244-square-feet or recently leased and sold space, totaling $2.8 Million in consideration, and another 6,296-square-feet in escrow. The recent flurry of transaction activity includes a full-building lease by Babies in Bloom, and a full-building sale of North County Orthopaedic Specialists. “CreekView is seeing a surge due to the appeal of its close proximity to Tri-City Hospital, sustainable design and attractive park-like setting,” said Mark Avilla of Cassidy Turley’s office in Carlsbad. “It is an ideal choice for physicians and medical service providers who want a healing, meticulously cared for environment that is also within walking distance of restaurants, services and other amenities.”
Orthopaedic Specialists of North County, Inc., purchased a 4,995-square-foot building for the relocation of their state-of-the-art orthopaedic facility committed to helping people lead active lives, whether it’s through treating an accident, sport- or work-related injury, replacing a total joint, or relieving chronic or acute pain.
Babies in Bloom, leased a 4,995-square-foot building for the relocation of their their retail store and their new birth and wellness center, scheduled to open Summer 2014, providing holistic health care for women throughout their pregnancies and a caring and home-like environment for giving birth.
“Our new CreekView location provides truly exceptional medical office space with luxurious amenities and facilities,” said Rochelle McLean of Babies in Bloom. “It is clear to us that CreekView cares deeply about providing a quality experience for high-end tenants and their customers, and this was instrumental in our decision to locate there.”
Stuart Chang, DDS, who purchased a 2,271-square-foot medical office condominium in CreekView last year, has expanded his dental practice with the purchase of an additional 1,494 square feet and now occupies the entire building.
In the final transaction, Jose Valiz, owner of Palomar Pain Management, purchased a 3,760-square-foot medical office building. The space will serve as a new location for his growing North County practice.
CreekView Medical & Professional Office Park offers space ranging from as small as 1,920 square to 15,000 square feet. Potential uses include an inpatient/overnight stay facility, assisted living, skilled nursing, educational, research, hospice, therapy, specialty hospitals and rehabilitation facilities.
Located within the Buena Vista Creek Conservation Preserve, CreekView offers sustainable design, abundant parking, high speed internet/cable service provided by Cox Communications, and building signage opportunities. Current lease rates are $1.99-per-square-foot NNN per month and includes a
$40-per-square-foot tenant improvement allowance. Sales prices range from $199 to $210-per-square-foot, with attractive and flexible financing options available. Cassidy Turley’s Mark Avilla, Matty Sundberg and Bob Cowan, in association with Joe Holeva of Accelerated Commercial Real Estate represent the owner on the sales and leasing at the project. For more information, please visit the website www.creekviewmedical.com or call 760.431.4201.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 4,000 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $25.8 billion in 2013, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 24,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
About Accelerated Commercial Real Estate
Accelerated Commercial Real Estate a division of Paradigm Real Estate Solutions a full service national real estate sales and marketing firm delivering proven results for the most profitable disposition of real estate assets by combining the art and science of sales and marketing with talent, expertise and leading edge technology.
With over $10 billion in real estate sales and marketing experience, Paradigm Real Estate Solutions delivers the next generation of real estate sales and marketing solutions for the disposition of Commercial properties, Single Family communities, High Density/ Mixed Use, Resort and Hospitality properties.