Healthcare Realty Trust Acquires Laguna Woods Office Property for $24.6 Million
Healthcare Realty Trust Inc. has acquired a 73,000-square-foot office property in Laguna Woods for $24.6 million from Miramar Capital.
Healthcare Realty Trust Inc. has acquired a 73,000-square-foot office property in Laguna Woods for 24.6 million from Miramar Capital. The property is located at 24012 Calle De La Plata and was sold at a price per square foot of 337.
The property is a Class A office building that was built in 1984 and renovated in 2019. It is situated on a 3.5-acre site and features ample parking, a fitness center, and a conference center. The property is currently 95% leased to a mix of medical and professional tenants.
Healthcare Realty Trust is a real estate investment trust that specializes in healthcare-related properties. The company owns and operates over 200 properties across the United States, including medical office buildings, outpatient facilities, and senior housing properties.
Miramar Capital is a real estate investment firm that focuses on value-add and opportunistic investments in the Western United States. The company has a diverse portfolio of properties, including office, industrial, retail, and multifamily assets.
The deal was brokered by Stream Realty Partners, a full-service commercial real estate firm that specializes in leasing, property management, and investment sales. The team representing the seller included Paul Fuhrman and Jae Yi.
This acquisition is in line with Healthcare Realty Trust’s strategy of investing in high-quality healthcare-related properties in strategic locations. The company has been actively acquiring properties in the Western United States, where demand for healthcare services is expected to continue to grow in the coming years. With its strong financial position and expertise in the healthcare real estate sector, Healthcare Realty Trust is well-positioned to continue to grow its portfolio and deliver value to its shareholders.