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Archer Acquires Majority Stake in Vista Medical Condos
Archer Property Partners, a Newport Beach-based real estate investment and development firm specializing in healthcare real estate, acquired a majority interest in a two-story, 33,772-square-foot medical office condominium project located at 2095 W. Vista Way in Vista. Archer purchased the property, originally developed in 1982, from the Tri-City Hospital District for $4.45 million. Archer acquired 18 of the 21 condominium units.
Soon to be rebranded as Solara Medical Center, the property sits directly adjacent to Tri-City Medical Center, which recently announced a partnership with Sharp HealthCare, the largest integrated health system in San Diego County. Sharp is expected to assume operational control of the hospital in mid-2026.
“This acquisition reflects our commitment to expanding access to high-quality, modern healthcare environments across Southern California,” said R.J. Sommerdyke, managing partner at Archer. “With Sharp HealthCare’s expansion into Vista, Solara Medical Center will be at the heart of one of the region’s most dynamic healthcare growth corridors.”
Ryan Foley and Myles Martinez of Colliers have been engaged to market the individual medical condominiums for sale.
- ◦Sale/Acquisition