CBRE Investment Management Acquires Medical Office In Mission Viejo For $134.8M

A medical office property in Mission Viejo has been sold for a total price of $134,800,000. The property, located at 27800 Medical Center Road and 26732 Crown Valley, spans across 282,683 square feet. The sale price translates to approximately $477 per square foot. The asset was acquired by CBRE Investment Management, represented by Sondra Wenger, along with Healthcare Realty Trust Inc. The seller of the property was Healthcare Trust of America Inc.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $134,800,000
• Address: 27800 Medical Center Road & 26732 Crown Valley
• Market: Mission Viejo
• Buyer: CBRE Investment Management - Sondra Wenger, Healthcare Realty Trust Inc
• Seller: Healthcare Trust of America Inc
• Square Footage: 282,683
• Price per Square Foot: $477

The buyer, CBRE Investment Management, was represented in the transaction by Sondra Wenger. On the other hand, Healthcare Trust of America Inc acted as the seller. These key individuals and companies played a crucial role in the successful closed deal of this medical office property in Mission Viejo.