Palomar Health Sells and Leases Back Poway Facility in $100 Million Deal

The Pomerado Outpatient Pavilion in Poway. Courtesy CoStar

Palomar Health‘s outpatient facility in Poway has been sold and leased back in a $100 million transaction brokered by Cushman & Wakefield.

The 160,000-square-foot Pomerado Outpatient Pavilion is primarily occupied by Palomar Health and its associated medical groups and is adjacent to the healthcare provider’s Poway hospital.

The sale was made to a publicly-traded real estate investment trust which was not identified but described as “an experienced owner of medical office…

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