Family Investment Group Acquires Medical Office From Porter Ranch In Mission Hills

The medical office building located at 11155 Sepulveda Blvd in Mission Hills, California, was sold for $13.7 million. The property spans 33,438 square feet across a 3.5-acre site and was fully occupied by Facey Medical Group at the time of the off-market transaction.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $13,700,000.00
• Address: 11155 Sepulveda Blvd, Los Angeles
• Market: Mission Hills
• Seller's Representative: Mark Oliver (Realty Executives)
• Buyer: Family Investment Group
• Seller: Porter Ranch
• Square Footage: 33,438

Commercial Asset Group Executive Vice President David Aschkenasy represented Family Investment Group, the buyers, in the transaction. Mark Oliver of Realty Executives Valencia was the selling representative for Porter Ranch, the seller based in California.