SAN DIEGO – Cassidy Turley San Diego, the region’s market leader in commercial real estate services, today announced that Innovative Dialysis Systems of La Jolla, LLC has signed a 64-month lease for medical/office space at Eastlake Professional Center in Chula Vista.
Innovative Dialysis of La Jolla leased 2,578 square feet of space at the property, which is located at 2082-A1 Otay Lakes Road. The company is an affiliate of Innovative Dialysis Systems, an ASA company established in 1984 and one of the nation’s leading dialysis providers from over 60 locations. For more information, visit www.idsdialysis.com.
This is the first completed transaction at Eastlake Professional Center since the new owner, Pathfinder Otay Holdings, LLC, purchased the property last year. Phil Linton, Duncan Dodd, SIOR, and Jeff Gilbert of Cassidy Turley represented the building owner in the transaction. Michael Corbosiero of CBRE represented Innovative Dialysis Systems of La Jolla.
Eastlake Professional Center is a 10-building, 67,903-square-foot medical and office condominium development located at the intersection of Otay Lakes Road and State Route 125. Available for sale or lease, suites range in size from 2,551 to 65,325 square feet and are in shell condition; ready for finishing to each owner or tenant’s unique specifications. Prices start at $139 per square foot and 90 percent financing is available. For more information, please contact Linton at 858.546.5472 or visit www.EastlakeProfessionalCenter.com.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. 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 $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 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 of 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.
Cassidy Turley provides regional real estate services with local market leader Cassidy Turley San Diego. The company’s dominant market presence includes more than 160 professionals and staff in five local offices and recorded more than $1.2 billion in transactions in 2011. For more information about Cassidy Turley San Diego, please visit www.cassidyturley.com/sandiego or contact Dan Broderick, President and CEO of Cassidy Turley San Diego.
About Pathfinder Otay Holdings, LLC
Pathfinder Otay Holdings, LLC is a subsidiary of Pathfinder Partners, LLC, the manager of the Pathfinder family of real estate opportunity funds. Headquartered in San Diego, Pathfinder Partners was founded by Lorne Polger and Mitch Siegler in 2006 to make opportunistic investments in distressed real estate assets and defaulted loans, with a focus on multifamily real estate projects. In addition to seeking opportunities to add value by providing liquidity to selling financial institutions, Pathfinder also seeks to maximize value through property enhancements, improvements in operations, marketing and property positioning and other strategies. For more information, visit www.pathfinderfunds.com or contact Mitch Siegler at 858-625-5286.