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8975 Balboa Avenue
SOLD

Sharp HealthCare Acquires Office Building In San Diego For $27.5M

8975 Balboa Avenue

Office
95,000 SF
clock iconSold 1 year ago
Randy LaChance
Brandon Keith
the dealplayerscompscontact
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Summary

Sale
CALIFORNIA
Office
95,000 sqft

Sharp HealthCare has acquired an office property located at 8975 Balboa Ave in San Diego. The property, spanning 95,000 square feet, was sold by Jack Henry & Associates, Inc. The transaction was facilitated by Michael Labelle from Savills USA, representing the buyer, and Brandon Keith and Randy LaChance from Voit Real Estate, representing the seller. The sale price for the office asset was $27,500,000, resulting in a price per square foot of $289.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: $27,500,000
  • Address: 8975 Balboa Ave
  • Market: San Diego
  • Buyer: Sharp HealthCare
  • Seller: Jack Henry & Associates, Inc.
  • Buyer's Rep: Michael Labelle - Savills USA
  • Seller's Rep: Brandon Keith & Randy LaChance - Voit Real Estate
  • Square Footage: 95,000
  • Price per Square Foot: $289

Michael Labelle from Savills USA represented Sharp HealthCare as the buyer in this transaction, while Brandon Keith and Randy LaChance from Voit Real Estate represented Jack Henry & Associates, Inc. as the seller. The deal marked the successful sale of this office property in San Diego, signaling a significant transaction in the real estate market.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Randy LaChance's profile picture
Randy LaChance
Voit Real Estate Services-image
Executive Vice President
$103.7M Sold

Details

Deal Summary
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SOLD
IMAGE: Michael Labelle DATE: 09/07/2022 ADDRESS: 8975 Balboa Ave MARKET: San Diego ASSET TYPE: Office BUYER: Sharp HealthCare SELLER: Jack Henry & Associates, Inc. BUYER'S REP: Michael Labelle - Savills USA (@SavillsNorthAmerica) SELLER'S REP: Brandon Keith & Randy LaChance - Voit Real Estate (@VoitRealEstate) SALE PRICE: $27,500,000 SF: 95,000 ~ PPSF: $289

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Address8975 Balboa Avenue

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