Ben Ochs Of Anchor Health Properties Acquires Medical Office Buildings From Rich Robbins For $24.1M

The assets involved in this transaction are two medical office buildings located at 2 and 18 Bon Air Road in Larkspur. They were sold for $24.1 million with a total square footage of 27,300, resulting in a price per square foot of approximately $883. The properties are currently leased to MarinHealth.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $24,100,000
• Square Footage: 27,300
• Price Per Square Foot: $883
• Buyer: Ben Ochs - Anchor Health Properties
• Seller: Rich Robbins - Wareham Development Corporation
• Broker: Caroline Reynolds - JLL

This transaction enables Wareham Development Corporation to reinvest the proceeds into its East Bay and Stanford Research Park campuses, highlighting the strategic financial planning underlying the sale.