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GOVT News

Closed Transaction: VA Health Care Center

02.01.2023

GOVT Real Estate Group Closes Veterans Affairs Health Care Center 

San Diego, California | February 1, 2023 – GOVT Real Estate Group announced today the recent sale of an essential, 378,415 square-foot health care center that is leased on a long-term basis to the U.S. General Services Administration (GSA) for use by the U.S. Department of Veterans Affairs.

The five-story brick and glass facility sits on a 35-acre site and offers more than 20 different medical specialties to patients including primary care, cardiology, behavioral health, rehabilitative therapy, and oncology. This new complex’s location provides the patient population with easy access from major thoroughfares, which was an important consideration in the site selection process.

The property was acquired by a real estate operating company that focuses on government property acquisitions and was sold on behalf of a national developer based in Virginia.

 

GOVT Real Estate Group

GOVT Real Estate Group is the national market leader in government property sales and investor services, with transaction volume exceeding $7 billion and closings in 45 states. Founded in 2005, GOVT Real Estate Group provides highly skilled client representation via unmatched expertise and experience, and a network of influential relationships with institutional and private capital sources that is global in reach. Through the power of specialization, GOVT Real Estate Group maximizes value and optimizes results on every assignment.

GOVT Real Estate Group’s transaction experience includes facilities occupied by all active government departments and agencies, including FBI, DEA, IRS, FEMA, FDA, ATF, OSHA, Veterans Affairs, Secret Service, Homeland Security, Immigration and Customs Enforcement, Citizenship and Immigration Services, Social Security, U.S. Attorneys, U.S. Courts, Customs and Border Protection, Air Force, Department of Defense, Army Corps of Engineers, Defense Health Agency, Health Resources and Services, Department of Interior, Forest Service, Bureau of Land Management, Fish & Wildlife, Geological Survey, Environmental Protection Agency, Department of Energy, Military Entrance Processing Command, Department of Agriculture, and National Parks Service.