California medical office building sold for $30M

Agora Realty and Management in Calabasas, Calif., acquired a 75,000-square-foot medical office building in Tarzana, Calif., for $30 million, San Fernando Valley Business Journal reported Oct. 17. 

Advertisement

With Renton, Wash-based Providence, Los Angeles-based Cedars-Sinai and Unilab Corp. as tenants, the Tarzana Medical Plaza is 90 percent occupied. 

Agora’s portfolio includes more than 2 million square feet of retail space in the Western U.S., including more than 330,000 square feet of space in Nevada.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • In December 2025, HHS, alongside the Labor and Treasury departments, proposed significant updates to healthcare price transparency rules.  Comments for…

  • Legislators in Tennessee have delayed a vote on a bill that would loosen the state’s certificate-of-need laws, the TimesNews reported…

Advertisement

Comments are closed.