HCP Buys Scripps Wateridge

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Health Care Properties (HCP), a Health Care REIT, purchased two buildings for $26,100,000. 6965 Lusk Blvd – 74,732 SF is currently leased to Qualcomm and if they vacate HCP plans to build lab/office space. HCP already has plans to convert 6925 Lusk Blvd – 49,732 SF into a “flex” R&D building with office and lab space, which can be made divisible by floor.

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