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Scripps Health buys Carmel Valley corner for $23M

Scripps Health buys Carmel Valley corner for $23M An aerial view of 12805 El Camino Real, which was recently purchased by Scripps Health. (Courtesy, City of San Diego) Property previously slated to become a life science center is now envisioned as an outpatient facility. By Jennifer Van Grove Print San Diego-based health care provider Scripps Health recently purchased the 3.8-acre lot at the corner of El Camino Real and Townsgate Drive in Carmel Valley from Alexandria Real Estate Equities for $22.9 million, public records show. The transaction, which was recorded with the county assessor’s office in March, means that the property previously slated to become a life science center is now envisioned as an outpatient facility for the nonprofit health care organization.

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