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San Diego
Wednesday, May 29, 2024
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Miramar Medical Campus Sold For $5.3M

A Miramar medical campus with two buildings has been sold for $5.3 million.

Equinvests Capital sold the property at 9606 and 9636 Terra Grande to an undisclosed buyer.

Built in 1985 and recently renovated, the campus was 85 percent occupied at the time of the sale.

Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack and Bryan Johnson of CBRE brokered the deal on behalf of the seller.

“Miramar remains a lower cost alternative to the adjacent Class A market, UTC, where rents are more than double,” Pourcho said. “The location of this site is ideal for tenants due to its quality, nearby retail and immediate freeway access.”

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