California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + San Diego  + Healthcare  | 
The Elizabeth Hospice Buys Escondido MOB for $8M, Cushman & Wakefield Brokers Deal

The Elizabeth Hospice Buys Escondido MOB for $8M

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.”


Inside The Story

The Elizabeth HospiceCushman & Wakefield's Mark AvillaCDC Commercial

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.

  • ◦Sale/Acquisition