5643 Copley Drive
Photo courtesy of JLL
A Kearny Mesa office building has been sold for nearly $9 million with plans to convert it to a surgery center and medical offices.
NextMed - San Diego Owner, LLC bought the three-story, 36,073-square-foot building at 5643 Copley Drive.
The building was sold by Manchester Financial.
Chris Ross, Paul Braun, and Kelly Moriarty of JLL’s Healthcare Practice Group in San Diego represented NextMed.
Manchester Financial, was represented by Derek Hulse, Morgan Reno, and Duncan Dodd of Cushman & Wakefield.
"Growth in the San Diego healthcare real estate market has been strong for several years, which has remained the case even though the challenges of the COVID pandemic," said Chris Ross, executive vice president of JLL Healthcare Practice Group. "Vacancy rates continue to drop and rents continue to inch up, with very few properties available for purchase. We expect this trend to remain for the foreseeable future, which is making conversion opportunities like this extremely attractive to users and investors alike.”