The white coats in Rancho Bernardo just got a new landlord. Compass Capital Investments has acquired RB Medical Plaza, a two-building medical office campus at 11770 Bernardo Plaza Court, in a deal pegged at $18.2 million. The campus totals roughly 71,971 square feet and was remodeled in 2023, with tenants ranging from dermatology and urology practices to pain-management and chiropractic offices. Brokers with CBRE represented the seller in the transaction.
According to REBusinessOnline, Compass Capital purchased the asset from Bernardo Court MOB LLC, with the sale closing on April 17, 2026. The outlet reports that Matt Porch, Anthony DeLorenzo and Chris Bodnar of CBRE handled the disposition for the seller and notes that the medical campus was originally built in the 1980s.
About the property
Marketing materials pitch RB Medical Plaza as a four-story, multi-tenant medical campus with a patient-friendly layout and an above-standard parking ratio, a not-so-subtle nod to the fact that no one likes circling for spots before a doctor visit. A listing on LoopNet confirms the roughly 71,971 square feet and highlights 2023 capital improvements to common areas, elevators and HVAC systems. Brokers framed the deal as a value-add medical office opportunity in a busy North County healthcare corridor.
Why investors are still buying medical office
While traditional office towers have been having a rough couple of years, medical office has quietly turned into one of commercial real estate’s teacher’s pets. As more outpatient procedures migrate to specialty clinics and physician groups look for highly visible, easy-to-reach locations, medical campuses like RB Medical Plaza have stayed in demand.
Nationally, CBRE has reported that investment volume in medical office buildings jumped sharply in 2025, a trend that helps underwrite acquisitions of outpatient properties similar to this Rancho Bernardo campus.
Local implications
RB Medical Plaza sits along Interstate 15 in Rancho Bernardo, marketed heavily on its freeway visibility and proximity to major health systems. Those traits have made it a magnet for regional physician groups that want patients to spot their signage from the commute, not just from a Google map. The sale underscores that investors still have an appetite for well-located outpatient properties in San Diego, even as broader office investment remains choppy…