JLL Capital Markets completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista. The firm’s Medical Properties Group represented the seller, Turner Impact Capital, and procured the buyer, Cypress West Partners in a joint venture with TPG Angelo Gordon. Terms of the sale were not disclosed.

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by director Matt DiCesare and senior managing director Evan Kovac.

450 4th Ave. is located on the campus of the 173-bed Scripps Mercy Hospital Chula Vista. The four-story property serves the broader southern San Diego area and is located between the 5 and 805 Freeways. Renovated in 2015, it is currently leased to 12 tenants, including anchor tenant Scripps Health.