LaSalle Investment Management Acquires Medical Office In Eagle Rock For $18.25M

The medical office located at 2560 Colorado Blvd. in Eagle Rock has been sold in a transaction facilitated by LaSalle Investment Management. The property has a total square footage of 19,777 and was sold for a price of $18,250,000, resulting in a price per square foot of $922. The sale involved the seller, Eastern Real Estate LLC and Atlas Capital Group, and the buyer, LaSalle Investment Management. The deal was brokered by Sean Fulp, Bill Bauman, Kyle Miller, Mark Schuessler, and Ryan Plummer from Newmark.

Summary of transaction details:

• Property Type: Medical office
• Address: 2560 Colorado Blvd., Eagle Rock
• Market: Eagle Rock
• Sale Price: $18,250,000
• Square Footage: 19,777
• Price per Square Foot: $922
• Buyer: LaSalle Investment Management
• Seller: Eastern Real Estate LLC and Atlas Capital Group
• Brokers: Sean Fulp, Bill Bauman, Kyle Miller, Mark Schuessler, and Ryan Plummer - Newmark

The successful transaction highlights the involvement of various parties, including LaSalle Investment Management as the buyer and Eastern Real Estate LLC and Atlas Capital Group as the seller. The deal was facilitated by Sean Fulp, Bill Bauman, Kyle Miller, Mark Schuessler, and Ryan Plummer, representing Newmark. The sale of the medical office signifies a significant investment opportunity in the Eagle Rock market.