Cushman & Wakefield has brokered the $8.1 million sale of a freestanding office/medical building located at 800 W Valley Pkwy in Escondido, CA. The 27,000-square-foot, two-story property was purchased by The Elizabeth Hospice, which will initially occupy 80% of the asset before taking over the entire building as existing tenants vacate.

Peter Curry and Mark Avilla with Cushman & Wakefield’s Private Capital Group along with the firm’s Bob Cowan and Matty Sundberg represented the seller, a private local investor. Don Zech, Nick Zech and Matt Orth of CDC Commercial represented The Elizabeth Hospice, which provides medical care and grief support to those dealing with advanced, life-limiting illnesses.

“This is a beautiful, high image building with modern interior and exterior design that provides a nice and comforting environment,” said Avilla. “The location is also easily accessible near Interstate 15 and State Route 78, while there are a variety of amenities surrounding the property.”