So Investment Holdings Purchases Mareblu Medical Center In Aliso Viejo For $24.8M From IRA Capital

The transaction involved the sale of a medical office asset located at 15 Mareblu in Aliso Viejo. The property spans 34,222 square feet and was sold for $24,800,000, resulting in a price per square foot of $725. This sale is recognized as Orange County’s highest-priced Q4 office sale, attributed to a growing investor interest in medical office properties in affluent South County.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $24,800,000
• Address: 15 Mareblu
• Market: Aliso Viejo
• Square Footage: 34,222
• Price per Square Foot: $725
• Buyer: So Investment Holdings
• Seller: Mohannad S. Malas, Amer F. Kasm, Amer H. Malas & Jay Gangwal - IRA Capital

This transaction highlights the involvement of key players: the buyer, So Investment Holdings, and the seller, which includes the group of Mohannad S. Malas, Amer F. Kasm, Amer H. Malas, and Jay Gangwal, representing IRA Capital. The deal reflects notable trends in the healthcare real estate market, driven by demand and robust sector fundamentals.