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Global Medical REIT Buys Medical Office Condo for $11.85 Million

Local Investor Sells Fully Leased Unit in San Marcos, California
Nordahl Medical Centre in San Marcos, California. (Cushman & Wakefield)
Nordahl Medical Centre in San Marcos, California. (Cushman & Wakefield)
By John Lucero
CoStar Research
July 19, 2019 | 6:42 P.M.

Bethesda, Maryland-based Global Medical REIT purchased a medical office condo in San Marcos, California, from local investment firm Newport National Corp. for $11.85 million, or about $586 per square foot.

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