Here are three recent medical office building purchases in the Los Angeles area that totaled $102 million:
1. La Salle Investment Management acquired a Beverly Hills, Calif., medical office building with ASC for $74.4 million. The five-story, 49,721-square-foot building includes a surgery center and full-service pharmacy.
2. Real estate company GPI purchased a 30,000-square-foot medical office building in Santa Monica, Calif., for $22.5 million. The property was sold by Burbank, Calif.-based real estate company Lexham Realty.
3. In early March, commercial real estate company Newmark sold a medical office building in Carson, Calif., for $5.1 million. The 8,409-square-foot facility is fully leased by Renton, Wash.-based Providence.
More articles on surgery centers:
How shift in thinking, tech investment amid pandemic is paying off for Missouri ASC
How ASC owners can make the most of a sale after pandemic losses
Gloves, gowns and blue sterile wrap: What supplies ASCs are having trouble acquiring
