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2560 Colorado BLVD
SOLD

LaSalle Investment Management Acquires Medical Office Building In Los Angeles For $18.2M

2560 Colorado BLVD

Medical Office
19,777 SF
clock iconSold 235 days ago
Ryan Plummer
Sean Fulp
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Summary

Sale
CALIFORNIA
Medical Office
19,777 sqft

The medical office building located at 2560 Colorado Blvd in Los Angeles was sold for $18.2 million. The property spans 19,777 square feet and is a single-tenant net-leased asset. The seller, Atlas Capital Group, facilitated the transaction of this critical outpatient facility to LaSalle Investment Management.

Summary of transation details:

  • Property Type: Medical Office
  • Transaction Amount: $18,200,000.00
  • Asset Size: 19,777 SF
  • Address: 2560 Colorado Blvd, Los Angeles, CA
  • Market: Los Angeles
  • Seller's Representatives: Ryan Plummer (Colliers International), Sean Fulp (Colliers International)
  • Buyer: LaSalle Investment Management
  • Seller: Atlas Capital Group

Newmark, comprising of Sean Fulp, Bill Bauman, Kyle Miller, Mark Schuessler, and Ryan Plummer, collaborated to represent the seller in this deal. The property has been occupied by Adventist Health Glendale since 2003, operating as a physical therapy and wellness center. The facility's proximity to the 515-bed Adventist Health Glendale hospital adds strategic value to the location.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Ryan Plummer's profile picture
Ryan Plummer
Colliers International-image
Executive Vice President
$798.7M Sold
Sean Fulp's profile picture

Details

Deal Summary
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SOLD
IMAGE: 2560 Colorado BLVD, Los Angeles, CA... MARKET: Los Angeles ASSET TYPE: Medical Office SELLER'S REP: Ryan Plummer(Colliers International), Sean Fulp(Colliers International) BUYER: LaSalle Investment Management SELLER: Atlas Capital Group PRICE: $18,200,000.00.00 SF: 19777

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Address2560 Colorado BLVD

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