Dan Woofs Of El Camino Hospital Acquires Medical Office In Sunnyvale For $19.3M

The property asset involved in the transaction is a medical office located at 595 Lawrence Expressway in Sunnyvale. El Camino Hospital acquired the property for a sale price of $19,300,000 as part of its strategy to expand its footprint in Silicon Valley.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $19,300,000
• Buyer: Dan Woofs
• Company: El Camino Hospital
• Address: 595 Lawrence Expressway
• Market: Sunnyvale

El Camino Hospital's recent acquisition reflects a broader real estate growth strategy, as the nonprofit has made multiple acquisitions across Santa Clara County, including properties in Cupertino, Milpitas, and Mountain View. Competitors such as Sutter Health and Stanford Health are also engaged in significant expansion projects in the area.