December 18, 2020
SOLD – PREMIERE MEDICAL BUILDING – ESCONDIDO (SAN DIEGO COUNTY), CALIFORNIA
JH Winokur, Inc. is pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the multi-tenant multi-story Premiere Medical Building. The Premiere Medical Building is anchored by the Premiere Surgery Center. Founded in 1991 by Dr. Kemp Massengill, Premiere Surgery Center has performed over 42,000 successful surgeries. Premiere Surgery center is the only ophthalmic surgery center in Escondido and the neighboring San Marcos and all of North San Diego County. Medicare and AAAHC certified, Premiere Surgery Center has 2 operating rooms. 10 plus physicians utilize Premiere Surgery Center. Another anchor tenant is the Eye Care of San Diego. The Eye Care Center of San Diego has has been delivering world-class medical and surgical eye care throughout the greater San Diego area for over two decades. Their ophthalmologists and optometrists share a commitment to offering the highest level of care in every aspect of our practice, whether performing laser eye surgery, managing glaucoma with medicine or laser treatment, or fitting contact lenses.
The property is at the entrance to I-15 Freeway, between Temecula and Escondido and is near the 78 Freeway. El Norte Parkway is the main east/west parkway connecting resident to major freeways. Settled in a long valley in the coastal mountains of Southern California, Escondido, which means “hidden” in Spanish, lies about 18 miles inland, 100 miles south of Los Angeles, and 30 miles northeast of downtown San Diego. Surrounded by avocado and citrus groves, Escondido is a diverse, vibrant community with just the right mix of small town friendliness and big-city buzz. Escondido’s population is 152,213 and is part of San Diego county, which has a population of approximately 3,337,685. Palomar Medical Center is about 3 miles from the Premiere Building. Palomar Medical Center, which opened its doors in the Escondido Research and Technology Center in 2012, is the centerpiece of the region’s healthcare system and is recognized as one of the most technologically advanced hospitals in the world. Palomar is Escondido’s largest employer.
J.H. Winokur represented the physician owner in the sale of the real estate to a regional eye group that also purchased the operations of the surgery center. For more information, contact Jason Winokur.
,+California){kind=link}