 |
| Redhawk Medical Center, Temecula, CA |
 |
| Aldon Cole |
SAN DIEGO, CA –– HFF announces $8
million in acquisition financing for Redhawk Medical Center, a
32,471-square-foot, multi-tenant medical office in the Southern California
community of Temecula.
The HFF team worked on behalf of the borrower,
Cypress West Partners, LLC (CWP), to place the seven-year, non-recourse,
floating-rate loan with a commercial bank.
Redhawk Medical Center is situated on 2.5 acres
at 44272 George Cushman Court in Temecula, which is in the Inland Empire office
market and equidistant between San Diego and Orange County.
The medical office is proximate to the 140-bed
Temecula Valley Hospital, which opened in 2013 and offers a comprehensive range
of services. The two-story building was completed in 2003 and is anchored
by Vantage Oncology, which was recently acquired by the McKesson
Corporation.
The 95.1 percent-leased property is also home to
a diverse range of tenants, including Pediatric Partners, California Imaging
and Diagnosis, San Diego Fertility Center, New Point Wellness and Crescent
Healthcare.
 |
| Chris Cumella |
“HFF has continued to produce compelling debt
terms for our healthcare assets,” said Chris Cumella, founder and
principal of CWP. “The team is in touch with the market and got us across
the finish line. This acquisition represents a chance for CWP to increase
its profile in the Southern California market.”
Holliday GP Corp. ("HFF") is a real
estate broker licensed with the California Department of Real Estate, License
Number 01385740.
For
more information, please contact:
KIMBERLY STEELE
HFF Digital
Content/Public Relations Specialist
(713) 852-3420
No comments:
Post a Comment