An 8,935-square-foot medical office building in Newport Beach, Calif., has sold for $5 million, according to a March 24 report from Connect CRE.
The facility was sold by investment products provider Equity Enterprises and is 62% leased.
It is located close to Hoag Newport Beach and currently has four tenants, according to the report.
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.
