Member Press Release

Pacific Coast Commercial/TCN Worldwide Sold 8705-8707 Complex Drive for $2,300,000

The current surgical center sold for $2,300,000 and closed escrow on 9/15/2020. The buyer plans to remodel the building which will become a state-of-the-art facility for the Cardiovascular Institute of San Diego. Congratulations to Bo Gibbons, Liam Teer, and Vince Provenzano who represented the seller.

“8705-8707 Complex Drive has been occupied as an outpatient surgery center for 20+ years. The buyer has plans for a major remodel of the building which will become a state-of-the-art facility for the Cardiovascular Institute of San Diego,” stated Bo Gibbons. 

The property is ideally positioned in the heart of Kearny Mesa near numerous hospitals including Kaiser, Sharp, and Rady, with easy access to major freeways. 

For More Information: 

Agent(s) Name: Bo Gibbons, Liam Teer, Vince Provenzano 
Phone: 619-469-3600 
Email address: Bo@PacificCoastCommercial.com 


PROPERTY ADDRESS 

Address: 8705-8707 Complex Drive, San Diego, CA 92123 


REPRESENTATION 

Seller Representation: Pacific Coast Commercial 

Broker Rep: Bo Gibbons, Associate Vice President; Liam Teer, Sales & Leasing Associate; Vince Provenzano, President of Brokerage 

Buyer Representation: Lee & Associates & Coldwell Banker 

Broker Rep: Jeff Abramson and Jean Keane 


SALE DETAILS 

Property Type: Medical Office and Outpatient Surgical Center 

Square Footage: Approx. 5,040 SF Building on 22,216 SF Lot 

Sale Price: $2,3000,000 

Close of Escrow Date: 9/15/2020 

Seller Name: Booming International, Inc. 

Buyer Name: 8705 Complex LLC 

Escrow Company: Ticor Title Company 

Title Company: Ticor Title Company 

Financing: All Cash