• News
  • Real Estate

Profil Institute renews lease in medical center

The Profil Institute has renewed its lease on 25,763 square feet of office space in the Chula Vista Medical Center, 855 Third Ave., Chula Vista 91911, from G&E HC REIT Chula Vista MOB LLC.

The 108-month lease is for $9.5 million. Ron Magnaghi, of The Irving Group, handled the transaction.

In early 2005, Profil leased 8,322 square feet at 865 Third Ave., Chula Vista, from Center Medical Plaza LP for 87 months at $1,933,101. Chula Vista Medical Center consists of approximately 80,000 square feet in a single-story (865) and a four-story (855) medical office building. A five-story parking structure connects to the four-story structure. The buildings include medical suites from 1,000 to 12,000 square feet. The medical office campus was constructed in 1999.

User Response
0 UserComments