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Sharp Healthcare Snags Kearny Mesa Office Property for $27.5M

Sharp HealthCare Snags Kearny Mesa Office in $27.5M Deal

Sharp HealthCare, one of San Diego’s largest healthcare providers, has purchased a 95,000-square-foot, two-building office complex in the Kearny Mesa submarket of San Diego. Voit Real Estate’s Brandon Keith and Randy LaChance represented the seller, Missouri-based Jack Henry & Associates, Inc. in the $27.5 million deal.

Sharp plans to convert most of the property to medical space. “The buildings offered additional features conducive to medical space conversion, including high ceiling heights, heavy power and a large back-up power generator,” according to LaChance.

Added Keith, “The subject property located on Balboa Avenue, offers easy access to the Interstate 15 and Highway 163 freeways and is unique in that it offers an above standard parking ratio. Ample parking is a critical requirement for medical service providers and often hard to find.”

Michael Labelle of Savills USA represented Sharp HealthCare in the transaction.

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Inside The Story

Sharp HealthCareVoit Real EstateSavills USA Michael Labelle

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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